Gartner, Inc.IT
NYSE•Technology•Information Technology Services
Gartner, Inc. provides business and technology insights for decisions and performance on an organization's mission-critical priorities in the United States, Canada, Europe, the Middle East, Africa, and internationally. It operates through three segments: Insights, Conferences, and Consulting. The Research segment delivers insights through subscription services, such as access to published content, data and benchmarks, and direct access to a network of business and technology experts. The Conferences segment offers executives and teams in an organization the opportunity to learn, share, and network through its Symposium/Xpo series and peer-driven sessions, as well as conferences focused on specific business roles and topics. The Consulting segment provides technology-driven strategic initiatives, including custom analysis and on-the-ground support to senior executives. This segment also offers actionable solutions for IT-related priorities, including IT cost optimization, digital transformation, and IT sourcing optimization. Gartner, Inc. was founded in 1979 and is headquartered in Stamford, Connecticut.
Gartner, Inc. (IT) reported trailing twelve months revenue of $6.47B as of March 2026, a 2.3% increase year-over-year. Quarterly revenue reached $1.51B, reflecting continued top-line momentum.
Gartner, Inc. generated $740.64M in TTM net income, with quarterly EBITDA of $361.52M. The operating margin expanded from 18.1% to 20.9%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (20.9%) and net margin (14.7%) indicates moderate non-operating costs. Net margin has improved from 13.7% a year ago, signaling stronger bottom-line efficiency.
IT trades at a P/E of 15.0x (below the broader market average) and a P/S of 1.7x. The price-to-book ratio of 175.2x indicates a significant premium over book value.
The company generated $370.62M in free cash flow over the trailing twelve months, a 28.7% increase year-over-year, indicating cash generation ability. The balance sheet shows $7.66B in total assets with $2.98B in long-term debt against $63.38M in stockholders equity for a debt-to-equity ratio of 47.0, a relatively leveraged position. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are positive at ~17.3% on average, but show some variability — pricing power may be sensitive to market conditions.
Consistently high ROE averaging 255.3% suggests a durable competitive advantage and efficient capital allocation.
8 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
TTM revenue has grown consistently (6 of 7 quarters up), with ~6.8% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Operating margins declined 11.1% — watch for continued compression, which may signal competitive or cost pressure.
FCF covers net income by 2.1x on average — earnings are well-supported by cash generation.
D/E ratio is 47.0 — dangerously high. The company is heavily leveraged and vulnerable to rising rates or cash flow dips.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares decreased 10.3% — net buybacks are reducing shares outstanding and boosting per-share value.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation