Financials Gartner, Inc.

Equities

IT

US3666511072

IT Services & Consulting

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
448.8 USD +0.55% Intraday chart for Gartner, Inc. +1.91% -0.52%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 13,785 14,303 27,494 26,563 35,163 34,933 - -
Enterprise Value (EV) 1 15,688 15,569 29,200 28,327 36,303 35,057 35,060 32,839
P/E ratio 60.2 x 54.1 x 36.3 x 33.7 x 40.7 x 42.7 x 36.6 x 29.9 x
Yield - - - - - - - -
Capitalization / Revenue 3.25 x 3.49 x 5.81 x 4.83 x 5.96 x 5.49 x 4.99 x 4.55 x
EV / Revenue 3.7 x 3.8 x 6.17 x 5.15 x 6.15 x 5.51 x 5.01 x 4.28 x
EV / EBITDA 22.9 x 19 x 22.7 x 19.3 x 24.5 x 23.1 x 20.9 x 17.2 x
EV / FCF 37.7 x 19 x 23.3 x 28.5 x 34.5 x 31.3 x 28.3 x -
FCF Yield 2.65% 5.26% 4.29% 3.51% 2.9% 3.19% 3.53% -
Price to Book 14.7 x 13.1 x 76.6 x 118 x - 26.3 x 16.7 x 13.9 x
Nbr of stocks (in thousands) 89,453 89,287 82,239 79,024 77,949 77,839 - -
Reference price 2 154.1 160.2 334.3 336.1 451.1 448.8 448.8 448.8
Announcement Date 2/4/20 2/9/21 2/8/22 2/7/23 2/6/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,245 4,099 4,734 5,500 5,900 6,361 6,998 7,672
EBITDA 1 684 818 1,288 1,471 1,483 1,519 1,677 1,911
EBIT 1 370 490 916 1,100 1,237 1,110 1,246 -
Operating Margin 8.72% 11.95% 19.35% 20% 20.97% 17.46% 17.81% -
Earnings before Tax (EBT) 1 275.7 326.1 969.9 1,027 1,147 1,055 1,171 -
Net income 1 233 267 794 808 882 822.1 948.3 1,167
Net margin 5.49% 6.51% 16.77% 14.69% 14.95% 12.92% 13.55% 15.21%
EPS 2 2.560 2.960 9.210 9.960 11.08 10.51 12.25 15.02
Free Cash Flow 1 416 819 1,253 993 1,053 1,119 1,239 -
FCF margin 9.8% 19.98% 26.47% 18.05% 17.85% 17.59% 17.71% -
FCF Conversion (EBITDA) 60.82% 100.12% 97.28% 67.51% 71% 73.67% 73.9% -
FCF Conversion (Net income) 178.54% 306.74% 157.81% 122.9% 119.39% 136.1% 130.68% -
Dividend per Share 2 - - - - - - - -
Announcement Date 2/4/20 2/9/21 2/8/22 2/7/23 2/6/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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
Net sales 1 1,156 1,306 1,263 1,376 1,332 1,505 1,409 1,503 1,409 1,586 1,477 1,598 1,502 1,722 1,604
EBITDA 1 305 307 329 389 332 421 379 384 333 386 360 385.9 342.4 413.3 380.5
EBIT 1 230.2 185 217.2 297.1 253.4 332 408 283.1 244.4 301 252.6 287.4 261.1 318.9 257.6
Operating Margin 19.91% 14.16% 17.2% 21.58% 19.03% 22.06% 28.96% 18.83% 17.35% 18.98% 17.11% 17.98% 17.38% 18.52% 16.05%
Earnings before Tax (EBT) 1 198.8 177.1 215 275.9 232 304.1 381.3 264.1 224.5 277.2 224.9 259.9 229.7 292.3 233.4
Net income 1 149 209.4 172.5 204.9 174 257 295.8 198 180 209 181.9 207.2 181.9 238 194.2
Net margin 12.89% 16.03% 13.66% 14.89% 13.07% 17.08% 21% 13.17% 12.78% 13.18% 12.32% 12.96% 12.11% 13.82% 12.1%
EPS 2 1.760 2.500 2.080 2.530 2.170 3.210 3.680 2.480 2.260 2.640 2.314 2.643 2.333 3.062 2.503
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 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 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,903 1,266 1,706 1,763 1,139 124 127 -
Net Cash position 1 - - - - - - - 2,093
Leverage (Debt/EBITDA) 2.782 x 1.548 x 1.325 x 1.199 x 0.7682 x 0.0817 x 0.0758 x -
Free Cash Flow 1 416 819 1,253 993 1,053 1,119 1,239 -
ROE (net income / shareholders' equity) 39.7% 26.3% 109% 305% 194% 131% 159% 169%
ROA (Net income/ Total Assets) - - - - - 9.86% 10.4% -
Assets 1 - - - - - 8,338 9,119 -
Book Value Per Share 2 10.50 12.20 4.360 2.840 - 17.00 26.80 32.30
Cash Flow per Share 2 6.210 10.00 15.20 13.70 14.50 15.50 16.30 -
Capex 1 149 83.8 60 108 103 116 127 144
Capex / Sales 3.51% 2.05% 1.27% 1.96% 1.75% 1.82% 1.81% 1.88%
Announcement Date 2/4/20 2/9/21 2/8/22 2/7/23 2/6/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
448.8 USD
Average target price
495.8 USD
Spread / Average Target
+10.48%
Consensus
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  3. IT Stock
  4. Financials Gartner, Inc.