StockCV
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Gartner, Inc.

Services-Management Services

$191.15
-2.18%
Market cap $12.1B

Gartner provides independent research and analysis on information technology for chief information officers and other business executives who help plan companies' IT budgets. Its flagship Magic Quadrant reports inform many enterprises of their IT procurement decisions.

It is a $12.1B technology company. Revenue grew 0.7% over the last year, it keeps 12¢ of every dollar of sales as profit, and its net debt equals ~1.0 years of free cash flow. It trades at 15.6× earnings — in the cheapest third of its own history.

Location
Stamford, CT
Employees
19 285
Sector
Technology

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Valuation95Growth57Profitability90Health43Quality85Moat82

Strong valuation, profitability, quality and moat; Health lags behind.

Valuation95
  • P/E vs own history14th pct · 25/25
  • FCF yield10.7% · 25/25
  • P/S1.9x · 25/25
  • EV/EBITDA10.4x · 20/25
Growth57
  • Revenue CAGR8.2% · 12/25
  • Net income CAGR-2.1% · 0/25
  • EPS CAGR ~5Y26.6% · 25/25
  • Fwd implied growth17.8% · 20/25
Profitability90
  • ROIC46.3% · 25/25
  • ROE119.8% · 25/25
  • Net margin12.0% · 20/25
  • Operating margin17.3% · 20/25
Health43
  • Altman Zn/a · 0/25
  • Current ratio0.88 · 6/25
  • Interest coverage17.8x · 25/25
  • Net cash / debtD/A 16% · 12/25
Quality85
  • Piotroski F6/9 · 15/25
  • Beneish M-2.95 · 25/25
  • FCF conversion166% · 25/25
  • Margin stabilityσ 7.7% · 20/25
Moat82
  • ROIC >12% years7/10 yrs · 20/25
  • Median gross margin67.5% · 25/25
  • FCF-positive years10/10 yrs · 25/25
  • Worst-year net marginworst 0.1% · 12/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

  1. FY2024Financial
    Best year on record
    $1.25B net income
  2. 2017Acquisition
    Gartner acquired CEB, an Arlington-based talent management and operations consulting firm, for $2.6 billion
  3. FY2016Financial
    Profitable every year on record
    10 consecutive profitable years in our data
  4. FY2016Financial
    Revenue already above $1B
    $2.44B in first reported year
  5. FY2016Financial
    Positive free cash flow every year since
    10-year streak
  6. 2014Acquisition
    Gartner announced that it had acquired the privately held company Software Advice for an undisclosed…
  7. 2009Acquisition
    Gartner acquired AMR Research, a Boston-based research and advisory firm focused on supply chain management
  8. 1995Product
    Gartner introduced its hype cycle framework, which purported to show how emerging technology is applied and…
  9. 1993IPO
    Gartner went public again in October 1993, with Dun & Bradstreet maintaining a 50 percent stake
  10. 1993Acquisition
    Dun & Bradstreet acquired a majority share in Gartner in 1993
  11. 1990Acquisition
    Gartner Group was taken private by Gideon Gartner and other executives in an acquisition deal backed by…
  12. 1988Acquisition
    The U.K.-based Saatchi & Saatchi acquired Gartner Group in 1988
  13. 1987Acquisition
    Gartner Group acquired another technology research firm, the Cupertino-based Infocorp
  14. 1986Milestone
    Gartner rebranded as Gartner Group and became a publicly traded company

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$6 154 today — price return only
$6.5B revenue in FY2025
Profitable 10 years in a row
Positive free cash flow 10 years in a row
19 285 employees
ROIC of 46.3%

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

  • High gross margin (69.6%)
  • Strong cash conversion — FCF is 19.9% of revenue
  • Interest covered 17.8× by operating earnings
  • High returns on invested capital (ROIC 46.3%)

Watch-outs

Nothing stands out as a concern in the available data.

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

8 of 10 checks passed
  • Revenue growing+0.7% YoY
  • Profitable$775M TTM
  • Profit growing-1.1% YoY
  • Generates cash$1.29B TTM
  • Debt under control~1.0y of cash flow to repay
  • Established company$12.1B market cap
  • Not printing shares-16.0% shares over ~5y
  • Proven track record10/10 profitable years
  • Financially stablehealth score 31/100
  • Pays a dividendno data
  • Valuation not extremeP/E 15.6
Peer comparisonGartner, Inc. vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾
CompanyMarket capP/ERevenue growthNet marginProfile
IT this company$12.1B15.6+0.7%12.0%Strained
NVDA Nvidia Corp$5.5T28.6+83.4%63.7%Mixed
AAPL Apple Inc.$4.9T38.1+14.2%27.6%Strong
GOOGL Alphabet Inc.$4.3T17.6+20.1%54.8%Mixed
MSFT Microsoft Corp$4.0T29.7+17.8%40.3%Strong
SPCX Space Exploration Technologies Corp.$2.1T—+33.2%-34.0%Strained
META Meta Platforms, Inc.$1.8T26.9+27.7%29.8%Mixed

Head-to-head: IT vs NVDA · IT vs AAPL · IT vs GOOGL

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 5Buy 7Hold 11Sell 2

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of IT on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $191.15 · market cap $12.1B.