Financials Gartner, Inc.

Equities

IT

US3666511072

IT Services & Consulting

Market Closed - Nyse Other stock markets 04:00:02 2024-12-10 pm EST			5-day change	1st Jan Change
512.65 ^USD	-0.35%		-0.58%	+13.64%

Dec. 03	Gartner, Inc. Announces the Retirement of James Smith as Member of the Board	CI
Nov. 27	Gartner Insider Sold Shares Worth $2,620,079, According to a Recent SEC Filing	MT

Projected Income Statement: Gartner, Inc.

income-statement-evolution-chart GARTNER-INC

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	4,245	4,099	4,734	5,500	5,900	6,244	6,719	7,337
Change	-	-3.44%	15.49%	16.18%	7.27%	5.83%	7.61%	9.19%
EBITDA ¹	684	818	1,288	1,471	1,483	1,532	1,652	1,819
Change	-	19.59%	57.46%	14.21%	0.82%	3.31%	7.84%	10.1%
EBIT ¹	370	490	916	1,100	1,237	1,250	1,374	1,565
Change	-	32.43%	86.94%	20.09%	12.45%	1.02%	9.93%	13.92%
Interest Paid ¹	-100	-113.6	-117	-121	-94	-75.95	-77.75	-72.5
Earnings before Tax (EBT) ¹	275.7	326.1	969.9	1,027	1,147	1,375	1,216	1,417
Change	-	18.26%	197.44%	5.9%	11.68%	19.83%	-11.54%	16.54%
Net income ¹	233	267	794	808	882	1,083	935.3	1,065
Change	-	14.59%	197.38%	1.76%	9.16%	22.77%	-13.63%	13.86%
Announcement Date	2/4/20	2/9/21	2/8/22	2/7/23	2/6/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3
Net sales ¹	1,203	1,019	973.1	994.6	1,113	1,104	1,167	1,156	1,306	1,263	1,376	1,332	1,505	1,409	1,503	1,409	1,586	1,473	1,595	1,484	1,691	1,573	1,706	1,602	1,831	1,714	1,855	1,752
Change	-	-15.34%	-4.49%	2.21%	11.88%	-0.79%	5.73%	-0.97%	13%	-3.34%	9.01%	-3.25%	13%	-6.39%	6.7%	-6.29%	12.59%	-7.14%	8.3%	-6.95%	13.92%	-6.98%	8.49%	-6.12%	14.31%	-6.42%	8.26%	-5.53%
EBITDA ¹	218	214	192	168	245	320	355	305	307	329	389	332	421	379	384	333	386	382	416	340	395.4	397.9	439.6	372.4	442.7	434.9	479.6	418.7
Change	-	-1.83%	-10.28%	-12.5%	45.83%	30.61%	10.94%	-14.08%	0.66%	7.17%	18.24%	-14.65%	26.81%	-9.98%	1.32%	-13.28%	15.92%	-1.04%	8.9%	-18.27%	16.3%	0.62%	10.48%	-15.3%	18.88%	-1.75%	10.29%	-12.71%
EBIT ¹	136.1	124.7	99.7	87.7	178.1	225.4	274.7	230.2	185	217.2	297.1	253.4	332	408	283.1	244.4	301	273.9	318.8	245.8	330.4	317.7	373.1	307.1	376.1	384.2	433.1	373.6
Change	-	-8.39%	-20.06%	-12.04%	103.08%	26.56%	21.87%	-16.2%	-19.64%	17.41%	36.79%	-14.71%	31.02%	22.89%	-30.61%	-13.67%	23.16%	-9%	16.39%	-22.9%	34.43%	-3.86%	17.45%	-17.68%	22.48%	2.14%	12.73%	-13.74%
Charge d'intérêts ¹	-26.14	-26.35	-30.3	-30.54	-26.4	-26.15	-27	-32	-31	-31.4	-29.7	-30.3	-30	-27.4	-25	-21.8	-20	-19.2	-19.99	-18	-19.32	-19.35	-19.35	-19.35	-19.35	-	-	-
Earnings before Tax (EBT) ¹	110.6	96.85	59	14.2	156.1	214.8	379.2	198.8	177.1	215	275.9	232	304.1	381.3	264.1	224.5	277.2	259.5	299.3	526.8	288.5	274.8	331.3	269.5	342.7	324.2	387	333.3
Change	-	-12.41%	-39.08%	-75.93%	999.3%	37.6%	76.54%	-47.57%	-10.92%	21.4%	28.33%	-15.91%	31.08%	25.39%	-30.74%	-14.99%	23.47%	-6.39%	15.34%	76.01%	-45.24%	-4.72%	20.54%	-18.64%	27.14%	-5.39%	19.35%	-13.87%
Net income ¹	67.7	75.1	55.1	17	119.6	164	271.2	149	209.4	172.5	204.9	174	257	295.8	198	180	209	210.5	230	415	227.5	215.5	249.5	204.5	264.2	244.1	278.2	236.9
Change	-	10.92%	-26.63%	-69.15%	603.53%	37.12%	65.37%	-45.06%	40.54%	-17.62%	18.78%	-15.08%	47.7%	15.1%	-33.06%	-9.09%	16.11%	0.72%	9.26%	80.43%	-45.17%	-5.28%	15.74%	-18.04%	29.23%	-7.63%	13.98%	-14.83%
Announcement Date	2/4/20	5/7/20	8/4/20	11/3/20	2/9/21	5/4/21	8/3/21	11/2/21	2/8/22	5/3/22	8/2/22	11/1/22	2/7/23	5/2/23	8/1/23	11/3/23	2/6/24	4/30/24	7/30/24	11/5/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Gartner, Inc.

balance-sheet-analysis-chart GARTNER-INC

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	1,903	1,266	1,706	1,763	1,139	647	153	409
Change	-	-33.47%	34.76%	3.34%	-35.39%	-43.21%	-76.35%	167.32%
Announcement Date	2/4/20	2/9/21	2/8/22	2/7/23	2/6/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Gartner, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	149	83.84	60	108	103.2	106	116.4	130.5
Change	-	-43.73%	-28.44%	80%	-4.44%	2.7%	9.83%	12.14%
Free Cash Flow (FCF) ¹	416	819	1,253	993	1,053	1,323	1,226	1,337
Change	-	96.88%	52.99%	-20.75%	6.04%	25.66%	-7.38%	9.07%
Announcement Date	2/4/20	2/9/21	2/8/22	2/7/23	2/6/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Gartner, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	16.11%	19.96%	27.21%	26.75%	25.14%	24.54%	24.59%	24.8%
EBIT Margin (%)	8.72%	11.95%	19.35%	20%	20.97%	20.01%	20.44%	21.33%
EBT Margin (%)	6.5%	7.96%	20.49%	18.68%	19.44%	22.01%	18.1%	19.32%
Net margin (%)	5.49%	6.51%	16.77%	14.69%	14.95%	17.34%	13.92%	14.52%
FCF margin (%)	9.8%	19.98%	26.47%	18.05%	17.85%	21.19%	18.24%	18.22%
FCF / Net Income (%)	178.54%	306.74%	157.81%	122.9%	119.39%	122.2%	131.03%	125.52%
Profitability
ROA	-	-	-	-	-	13.48%	11.59%	12.95%
ROE	39.68%	26.32%	108.6%	305.25%	194.19%	116.6%	81.86%	85.02%
Financial Health
Leverage (Debt/EBITDA)	2.78x	1.55x	1.32x	1.2x	0.77x	0.42x	0.09x	0.22x
Debt / Free cash flow	4.57x	1.55x	1.36x	1.78x	1.08x	0.49x	0.13x	0.31x
Capital Intensity
CAPEX / Current Assets (%)	3.51%	2.05%	1.27%	1.96%	1.75%	1.7%	1.73%	1.78%
CAPEX / EBITDA (%)	21.78%	10.25%	4.66%	7.34%	6.96%	6.92%	7.04%	7.18%
CAPEX / FCF (%)	35.82%	10.24%	4.79%	10.88%	9.8%	8.01%	9.5%	9.77%
Items per share
Cash flow per share ¹	6.208	10.04	15.22	13.75	14.5	18.93	18.64	22.23
Change	-	61.67%	51.64%	-9.68%	5.49%	30.57%	-1.53%	19.26%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	10.5	12.21	4.364	2.844	8.688	14.86	20.49	18.82
Change	-	16.29%	-64.26%	-34.83%	205.51%	71.04%	37.86%	-8.15%
EPS ¹	2.56	2.96	9.21	9.96	11.08	13.85	12.18	14.22
Change	-	15.62%	211.15%	8.14%	11.24%	25.04%	-12.11%	16.79%
Nbr of stocks (in thousands)	89,453	89,287	82,239	79,024	77,949	77,134	77,134	77,134
Announcement Date	2/4/20	2/9/21	2/8/22	2/7/23	2/6/24	-	-	-