Gartner (IT)

Information Technology · $12.0B market cap · SEC CIK 0000749251

Next reports on Feb 1, 2027, before the open, with analysts expecting $3.95 in earnings per share.

52-week range $124.25 to $256.90. 26% below its 52-week high and 52% above its low.

The case for IT

• Cheap for its growth: 12.6× earnings, where 12% a year of growth would justify about 26×.
• Generated $1.2B of free cash flow in FY2025, 18% of revenue.
• Free cash flow of 9.8% of its market value a year: a lot of cash for the price.
• Earns 13% a year on everything it owns (return on assets).
• Gross margin of 70% absorbs cost shocks.
• Price/sales of 1.9× is lower than 89% of Information Technology companies.

The case against

• Revenue was flat on the year (−0.2%).
• Current liabilities exceed current assets (ratio 0.91).
• The price trend is weak (40/100): −17.2% over a year, −1.1% over three months, 26% below its 52-week high.
• Trailed the S&P 500 by 29 points over the past year.

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Information Technology companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

• Equity is a sliver of assets, so return on assets stands in for return on equity, and price-to-book and debt-to-equity are left out.
• Each factor except momentum is half fixed thresholds, half rank among the 73 Information Technology companies.

The financials

The financials, five years deep

Pulled from Gartner's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

What Gartner says it does

Gartner, Inc. (NYSE: IT) delivers actionable, objective business and technology insights that drive smarter decisions and stronger performance on an organization’s mission-critical priorities. We are a trusted advisor and an objective resource for over 13,000 enterprises in approximately 90 countries and territories— across every major function, geography, industry and sector. Gartner delivers its products and services globally through three reportable segments – Business and Technology Insights, Conferences and Consulting, as described below. In the second quarter of 2025, we renamed our segment previously referred to as Research to Business and Technology Insights (or “Insights”) to reflect the nature of the value we provide to clients. In the third quarter of 2025, we changed the structure of our internal organization and concluded that Gartner Digital Markets (“Digital Markets”) was an operating segment but does not meet the…

Risk factors IT lists in its 10-K

• We may not be able to maintain the quality of our existing products and services
• We may not be able to enhance and develop our existing products and services or introduce the new products and services that are needed to remain
• Technology is rapidly evolving, and if we do not continue to develop new product and service offerings in response to these changes, our business could suffer
• Uncertainty in the development, deployment, and use of AI in our platform and products and by our customers and competitors may result in harm to our business and reputation
• The profitability and success of our conferences and other meetings are subject to external factors beyond our control
• Our Consulting business depends on non-recurring engagements and our failure to secure new
• engagements could lead to a decrease in our revenues
• Our balance sheet includes significant amounts of goodwill and intangible assets. Impairment of a significant portion of these assets would negatively affect our financial results
• We may not be able to attract and retain qualified personnel which could jeopardize the quality of our products and services and our future growth plans
• If we are unable to enforce and protect our intellectual property rights, our
• competitive position may be harmed
• Privacy concerns could damage our reputation and deter current and potential clients from using our products and services
• We are exposed to risks related to cybersecurity
• We may experience outages and disruptions of our online services and information systems if we fail to
• maintain an adequate operations infrastructure
• Our acquisitions, dispositions, and strategic
• investments, involve substantial risks
• We face risks related to leased office space
• Our sales to governments are subject to appropriations, complex compliance requirements and some may be terminated early
• We may not be able to maintain the equity in our brand name
• Our outstanding debt obligations could negatively impact our financial condition and future operating results
• We may require additional cash resources which may not be available on
• Natural disasters, pandemics, terrorist acts, war, actions by governments, and other geopolitical activities could disrupt our operations
• We are subject to risks from operating globally
• Our operating results could be negatively impacted by global economic
• We face significant competition and our failure to compete successfully could
• We are exposed to volatility in foreign currency
• exchange rates from our international operations
• Our business could be negatively impacted by climate change
• Sustainability commitments, regulatory requirements or failure to meet stakeholder expectations could harm our reputation
• Our failure to comply with complex U.S. and foreign laws and regulations could have a material adverse effect on our operations or financial condition
• We face risks related to the regulation of AI and other evolving technologies
• We face risks related to litigation
• Our corporate compliance program cannot guarantee that we are in compliance with all applicable laws and regulations

Filings

Other Information Technology companies