— Know what they know.
/
Not Investment Advice

IT

NYSE · USD
Gartner, Inc.
Technology · Information Technology Services
CEO Eugene A. Hall Employees 20,244 R&D / revenue 16.1%
Last price
$205.35−0.95%last session
Market cap
$13.0B
P/E (TTM)
18.4x
From 52w high
−21.4%
From 52w low
+65.3%
1-year return
−13.1%
RSI 14 · vs SMA200
63.1 · +20.6%
IS score
59.7/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

IT   SPY   XLK (sector ETF) · weekly closes
6080100120140Jan 26Apr 26Jul 26Oct 26XLK 129SPY 116IT 87

Score DNA

Each bar is a 0-100 score within the scored universe
77
Profitability
35
Growth
59
Value
55
Momentum
80
Risk (safety)
74
Quality
54
Balance sheet
66
Earnings quality

Flags

Strengths
✓ FCF yield 5%+
Warnings
None of the computed warning flags fires for IT (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: Narrow, Intangible AssetsPiotroski 6 / 9Altman Z 3.4Beta 0.951 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
5 open-market sales, $1.4M
Form 144 notices (12m): 7, $11.7B proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
0
No disclosed purchases
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
−65
86 new holders, 143 closed
654 filers hold 113.1% · 195 added, 298 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+1
546 funds adding shares
545 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
66.5%
20-day avg 58.2%, 50-day avg 60.9%
Latest 8.3 pp over its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$6.5B
Revenue growth YoY+3.7%
Gross margin67.7%
Operating income$1.0B
Operating margin15.8%
Net income$729.2M
Net margin11.2%
EPS (diluted)$9.65
Cash flow
Operating cash flow$1.3B
Capital expenditure$115.1M
Free cash flow$1.2B
FCF conversion (FCF / OCF)91.1%
Stock-based compensation$155.9M
FCF less SBC$1.0B
Buybacks$2.0B
Dividends$0
Balance sheet & returns
Cash & short-term investments$1.7B
Total debt$3.3B
Net debt$1.6B
Shareholders' equity$319.9M
Goodwill & intangibles$3.1B
Debt / equity-17.80
ROE (TTM)401.4%
ROIC (TTM)23.8%
Operating margin by fiscal year
19.3%FY202120.1%FY202220.9%FY202318.4%FY202415.8%FY2025
Revenue $4.7B (FY2021) to $6.5B (FY2025), a 8.2% CAGR.

Valuation

P/E (TTM)18.4x
EV / EBITDA11.1x
Price / sales2.01x
Price / FCF10.1x
FCF yield9.94%
Buyback yield15.35%
SBC / revenue2.3%
Price / bookn/m
Forward P/E FY202614.2x
Forward P/E FY202712.5x
Forward P/E FY202810.9x
Forward multiples divide today's price by Street EPS estimates. Street mean target $191.14 across 7 analysts last quarter is theirs, not ours.

IT vs industry median

261 companies in Information Technology Services
Gross margin 68.9% 27.8% Operating margin 17.3% 1.7% Net margin 12.0% -1.0% ROIC 23.8% 7.2%
IT (TTM)Industry median Asset turnover 0.90 vs industry 0.83 · financial leverage -42.99

Earnings delivery

Next report 2026-11-03 · consensus EPS $2.84
100%
beat rate, 12 of 12 quarters
+11.8%
median EPS surprise
12
longest beat streak
+31+7+16+7+5+67+10+7+14+13+11+16
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-11-03 to 2026-08-04. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
IT Gartner, Inc. $13.0B18.4x401.4%12.0%+3.7% −13.1%
CACI CACI International Inc $13.6B25.3x12.8%5.8%+10.9% +18.5%
JKHY Jack Henry & Associates, Inc $10.7B21.9x24.0%17.6%+6.7% +1.7%
LDOS Leidos Holdings, Inc. $15.7B11.5x27.9%7.8%+3.4% −32.1%
FIS Fidelity National Informatio $18.6B5.5x22.3%6.8%+20.4% −45.0%
CDW CDW Corporation $18.8B18.0x44.0%4.2%+7.4% —
BR Broadridge Financial Solutio $19.8B18.1x40.9%17.9%+8.5% —
G Genpact Limited $6.3B11.0x22.4%10.8%+6.5% —
12-month window: SPY +15.9%, sector ETF XLK +29.0%. Past returns describe history only.

Recent 8-K filings

2026-10-08Officer/Director Change
2026-08-04Earnings Release; Regulation FD; Exhibits
2026-06-02Shareholder Vote
2026-05-05Earnings Release; Regulation FD; Exhibits
2026-02-03Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Exhibits
2026-01-29Departure/Election of Directors; Appointment of Officers; Financial Statements and Exhibits

Context

Shares outstanding63,149,000
Free float97.4%
Institutional ownership113.1%
Beta0.95
Dividend yield0.00%
Last dividend$1.20 on 1999-07-19
50 / 200-day average$188.29 / $170.50
Large-cap Technology median P/E34.8x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Narrow).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where IT sits among 38 scored companies in Information Technology Services (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureITIndustry medianIndustry percentileSector median
P/E (TTM) 16.7x 15.1x
57th		 32.0x
PEG (P/E ÷ 3-yr EPS CAGR) —
Price / sales 2.0x 1.2x
72nd		 3.9x
Price / book —
Price / tangible book —
Price / free cash flow 10.1x 11.0x
43rd		 20.3x
Price / operating cash flow 9.4x 9.6x
48th		 17.9x
Enterprise value $14.5B $6.0B
73rd		 $5.5B
EV / sales 2.2x 1.5x
67th		 4.1x
EV / EBITDA 11.1x 9.3x
59th		 18.9x
EV / EBIT 13.0x 12.3x
55th		 26.7x
EV / free cash flow 11.2x 13.2x
30th		 21.9x
Earnings yield 6.0% 5.7%
57th		 2.0%
FCF yield 9.9% 8.3%
65th		 3.3%
Operating cash flow yield 10.7% 10.1%
57th		 4.4%
Graham number (per share) —

Profitability (TTM)

MeasureITIndustry medianIndustry percentileSector median
Gross margin 68.9% 31.9%
92nd		 55.7%
EBITDA margin 20.2% 12.6%
76th		 13.7%
Operating margin 17.3% 8.4%
89th		 8.2%
EBIT margin 17.2% 8.1%
81st		 8.6%
Net margin 12.0% 4.9%
78th		 5.7%
NOPAT margin 13.0% 6.3%
81st		 7.0%
FCF margin 19.9% 10.1%
84th		 15.0%
Operating cash flow margin 21.4% 13.4%
81st		 18.4%
R&D / revenue 22.8% 0.0%
100th		 12.9%
SG&A / revenue 47.2% 17.6%
89th		 25.6%
Stock comp / revenue 2.3% 1.1%
69th		 4.4%
Effective tax rate 24.8% 22.9%
64th		 21.0%

Returns on capital

MeasureITIndustry medianIndustry percentileSector median
ROE (on average equity) 113.6% 14.0%
100th		 9.4%
ROA 10.0% 4.3%
70th		 4.1%
ROIC 63.5% 7.9%
100th		 9.0%
ROCE 31.6% 11.3%
92nd		 8.6%
Return on tangible assets 14.4% 7.9%
73rd		 5.9%
Cash ROIC (OCF / invested capital) 104.5% 16.3%
100th		 20.7%
Gross profitability (GP / assets) 61.9% 24.4%
100th		 30.0%
ROIC, 3-yr average 40.5% 9.4%
100th		 7.4%
ROIC, 5-yr average —
ROE, 5-yr average —
Incremental ROIC 7.1% 11.4%
46th		 15.3%

Growth

MeasureITIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 0.7% 7.0%
23rd		 14.3%
Revenue growth (QoQ) 10.9% 3.6%
81st		 6.6%
Revenue CAGR, 3 yr 4.0% 6.8%
26th		 9.6%
Revenue CAGR, 5 yr 8.1% 8.0%
53rd		 11.5%
Gross profit CAGR, 3 yr 4.2% 6.7%
36th		 10.9%
Operating income CAGR, 3 yr -4.4% 6.0%
8th		 11.3%
Net income growth (TTM YoY) -38.7% 7.2%
14th		 21.6%
Net income CAGR, 3 yr -5.7% 6.9%
23rd		 9.9%
EPS growth (TTM YoY) -28.8% 10.5%
14th		 22.3%
EPS CAGR, 3 yr 0.2% 8.9%
23rd		 11.2%
EPS CAGR, 5 yr 12.0% 12.7%
45th		 12.0%
FCF growth (TTM YoY) -14.7% 13.7%
17th		 24.6%
FCF CAGR, 3 yr 8.8% 8.9%
44th		 19.3%
Operating cash flow CAGR, 3 yr 7.3% 7.3%
50th		 17.9%
Book value CAGR, 3 yr —
Dividend CAGR, 3 yr —
Sustainable growth rate 113.6% 14.3%
100th		 14.2%

Margin history & stability

MeasureITIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 68.2% 30.8%
94th		 53.2%
Operating margin, 3-yr average 18.1% 9.1%
91st		 6.6%
Net margin, 3-yr average 15.1% 6.3%
91st		 5.2%
FCF margin, 3-yr average 20.0% 9.7%
88th		 12.7%
Revenue stability (0-1) 0.91 0.88
62nd		 0.87
Earnings stability (0-1) 0.33 0.45
38th		 0.45
Margin stability (0-1) 0.99 0.93
100th		 0.95

Liquidity (latest quarter)

MeasureITIndustry medianIndustry percentileSector median
Cash & short-term investments $1.5B $330.1M
81st		 $494.1M
Net cash (− = net debt) −$1.5B −$1.0B
41st		 $49.8M
Working capital −$439.0M $343.4M
8th		 $391.0M
Current ratio 0.88 1.45
14th		 1.92
Quick ratio 0.88 1.43
14th		 1.67
Cash ratio (cash + ST investments / current liabilities) 0.41 0.35
59th		 0.95
Defensive interval (days) 294 days 591 days
22nd		 521 days

Leverage & solvency (latest quarter)

MeasureITIndustry medianIndustry percentileSector median
Total debt $3.0B $1.7B
59th		 $349.3M
Debt / equity —
Net debt / equity —
Debt / assets 41.4% 29.9%
73rd		 16.9%
Debt / capital —
Debt / EBITDA 2.29 2.65
44th		 1.78
Net debt / EBITDA 1.14 1.54
41st		 −0.18
Interest coverage (EBIT / interest) 14.2x 5.7x
80th		 5.8x
Cash interest coverage 17.6x 7.2x
77th		 12.8x
Debt payback (years of OCF) 2.2 yrs 3.0 yrs
36th		 1.6 yrs
Liabilities / assets 102.3% 62.0%
100th		 48.7%
IS credit model rating A — —
Implied credit spread (bps) 150 275
27th		 175

Efficiency

MeasureITIndustry medianIndustry percentileSector median
Asset turnover 0.83 0.86
43rd		 0.62
Fixed asset turnover 15.86 11.89
70th		 9.25
Inventory turnover —
Receivables turnover 5.2 5.4
43rd		 6.2
Days sales outstanding 70 days 66 days
58th		 59 days
Days inventory outstanding —
Days payables outstanding 156 days 22 days
92nd		 46 days
Cash conversion cycle (days) −86 days 41 days
8th		 50 days
Capex / revenue 1.4% 1.7%
44th		 2.3%
Capex / depreciation 0.49 0.49
50th		 0.56
Operating expense ratio 48.3% 22.7%
78th		 44.3%

Cash flow & earnings quality

MeasureITIndustry medianIndustry percentileSector median
Operating cash flow / net income 1.78 1.61
61st		 1.61
FCF / net income 1.66 1.30
71st		 1.33
FCF / operating cash flow 93.2% 88.2%
78th		 88.0%
Capex / operating cash flow 6.8% 11.8%
22nd		 12.0%
Accruals ratio -7.8% -5.0%
32nd		 -6.3%
Sloan accruals ratio -13.0% -4.2%
8th		 -1.8%
Earnings quality score (0-1) 0.75 1.00
7th		 0.75

Dividends & buybacks

MeasureITIndustry medianIndustry percentileSector median
Dividend yield 0.0% 0.0%
0th		 0.0%
Dividend per share (TTM) $0.00 $0.00
0th		 $0.00
Payout ratio (dividends / net income) 0.0% 9.3%
0th		 0.0%
Dividends / FCF 0.0% 0.0%
0th		 0.0%
Dividend growth (YoY) —
Buyback yield 20.3% 4.0%
97th		 1.2%
Shareholder yield (dividends + buybacks) 20.3% 5.9%
95th		 1.7%
Share count change (YoY) -13.9% -2.3%
0th		 0.1%
Buybacks, last 5 years $5.2B $695.1M
86th		 $215.3M

Scores & forensic checks

MeasureITIndustry medianIndustry percentileSector median
IS score 60 50
65th		 56
IS profitability 77 38
100th		 40
IS growth 35 52
17th		 65
IS value 59 62
49th		 39
IS momentum 55 71
26th		 78
IS risk (safety) 80 65
57th		 100
IS quality 74 62
73rd		 67
IS balance sheet 54 49
65th		 72
IS earnings quality 66 66
49th		 61
IS cash flow 65 62
54th		 66
Piotroski F-score (0-9) 6 6
38th		 6
Altman Z-score 3.4 2.6
65th		 4.0
Beneish M-score −2.96 −2.63
14th		 −2.58
Ohlson O-score −6.41 −7.37
73rd		 −8.00
IS credit score 73 58
70th		 69

Per share

MeasureITIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $11.64 $1.74
92nd		 $0.84
Book value per share −$2.51 $16.83
0th		 $9.77
Tangible book per share −$48.13 $1.11
8th		 $3.22
Revenue per share $97.08 $41.09
70th		 $13.00
FCF per share $19.36 $4.29
97th		 $1.78
Operating cash flow per share $20.77 $4.97
97th		 $2.40
Cash per share $22.36 $2.99
97th		 $4.50

Size (TTM)

MeasureITIndustry medianIndustry percentileSector median
Market cap $13.0B $4.7B
73rd		 $4.7B
Revenue $6.5B $5.4B
57th		 $1.2B
EBITDA $1.3B $585.4M
70th		 $185.8M
Net income $775.3M $230.2M
76th		 $84.9M
Free cash flow $1.3B $370.7M
78th		 $170.6M
Total assets $7.2B $6.7B
51st		 $2.4B
Shareholders' equity −$167.3M $1.8B
0th		 $1.1B
Employees 19,285 21,600
43rd		 3,000

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-10-01Bousa Edward Peter
Director
 Award / grant 136——449
2026-10-01Rus Daniela L
Director
 Award / grant 126——416
2026-10-01Serra Eileen
Director
 Award / grant 149——3,511
2026-10-01Dykstra Karen E
Director
 Award / grant 96——742
2026-10-01Fuchs Anne Sutherland
Director
 Other 70——8,167
2026-10-01Fuchs Anne Sutherland
Director
 Award / grant 70——29,647
2026-10-01Fuchs Anne Sutherland
Director
 Other 70——29,577
2026-10-01Gutierrez Jose M
Director
 Other 78——3,029
2026-10-01Gutierrez Jose M
Director
 Award / grant 78——304
2026-10-01Gutierrez Jose M
Director
 Other 78——226
2026-10-01Bressler Richard J
Director
 Award / grant 136——21,695
2026-10-01Grabe William O
Director
 Other 126——2,022

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarAprMayJunJulAugSepOct

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired3621,412—
GiftAcquired1672—
Open-market saleDisposed57,082$1.4M
Option exerciseAcquired117,265—
Option exerciseDisposed117,265—
OtherAcquired2324,800$43,132
OtherDisposed1424,542—
Tax withholdingDisposed2377$55,289
—Disposed25,233—
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 7 notices · 7,669 shares · $11.7B
FiledFilerShares proposedEst. proceeds
2026-08-27Robin B Kranich3,278$644,127
2026-08-24Akhil Jain700$141,211
2026-08-10Anne Sutherland Fuchs860$11.7B
2026-08-10Yvonne Genovese1,205$229,022
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 10 trades (4 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-04-14Gilbert CisnerosHouseSale$1,001 - $15,0002026-05-11
2026-04-14Gilbert CisnerosHouseSale (Full)$1,001 - $15,0002026-05-11
2026-04-13Gilbert Ray CisnerosHouseSale (Full)$1,001 - $15,0002026-05-11
2026-03-13Gilbert CisnerosHousePurchase$1,001 - $15,0002026-04-08
2022-10-05Tommy TubervilleSenateSale (Full)$1,001 - $15,0002022-11-10
2022-10-05Tommy TubervilleSenateSale (Full)$1,001 - $15,0002022-11-09
2022-10-05Thomas Hawley TubervilleSenateSale (Full)$1,001 - $15,0002022-11-09
2022-03-30Tommy TubervilleSenatePurchase$1,001 - $15,0002022-04-08
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BAMCO INC /NY/7,601,009$985.2M12.04%
Independent Franchise Partners LLP5,582,962$723.7M8.84%
BlackRock, Inc.5,217,146$676.2M8.26%
VANGUARD CAPITAL MANAGEMENT LLC4,266,702$553.0M6.76%
VANGUARD PORTFOLIO MANAGEMENT LLC3,521,381$456.4M5.58%
STATE STREET CORP2,808,781$364.1M4.45%
GEODE CAPITAL MANAGEMENT, LLC2,603,296$337.0M4.12%
TWO SIGMA INVESTMENTS, LP2,129,702$276.1M3.37%
Invesco Ltd.2,061,112$267.2M3.26%
FEDERATED HERMES, INC.2,044,435$265.0M3.24%
GOLDMAN SACHS GROUP INC1,758,739$228.0M2.79%
BANK OF AMERICA CORP /DE/907,735$117.7M1.44%
MORGAN STANLEY898,639$116.5M1.42%
NORGES BANK854,653$110.8M1.35%
D. E. Shaw & Co., Inc.804,821$104.3M1.27%

Institutional ownership by quarter

2023-092026-06113.1%
% of shares held by 13F filers
2023-092026-06654
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-30654113.1%86195298143
2026-03-31719113.5%98281242181
2025-12-31819111.5%141260323106
2025-09-30799108.5%131258316217
2025-06-30901111.0%90377326100
2025-03-31925110.5%94335375103
2024-12-31956109.5%13532534469
2024-09-30908106.2%10932233768
2024-06-30875107.4%9133230987
2024-03-31884107.5%11030632084
2023-12-31869107.6%15427732765
2023-09-30792108.3%7827231855

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-08-13SCHEDULE 13G/AIndependent Franchise Partners, LLP8.3%5,582,962
2026-08-13SCHEDULE 13G/AAQR Capital Management Holdings, LLC6.2%4,175,036
2026-07-28SCHEDULE 13G/ABlackRock, Inc.7.5%4,994,459
2026-06-03SCHEDULE 13G/ABaron Partners Fund5.0%3,377,688
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.02%$355.0M
VSMPX0.02%$355.0M
VTSAX0.02%$355.0M
VTI0.02%$355.0M
VFIAX0.02%$309.1M
VOO0.02%$309.1M

Share structure

Shares outstanding63,149,000
Float61,476,309
Free float97.4%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$4.7B$5.5B$5.9B$6.3B$6.5B
Cost of revenue$1.4B$1.7B$1.9B$2.0B$2.1B
Gross profit$3.3B$3.8B$4.0B$4.2B$4.4B
R&D$0$0$0$0$1.0B
SG&A$2.2B$2.5B$2.7B$2.9B$3.1B
Operating income$915.8M$1.1B$1.2B$1.2B$1.0B
EBITDA$1.3B$1.3B$1.5B$1.7B$1.2B
Pretax income$969.9M$1.0B$1.1B$1.4B$968.1M
Income tax$176.3M$219.4M$264.7M$133.7M$238.9M
Net income$793.6M$807.8M$882.5M$1.3B$729.2M
EPS, diluted$9.21$9.96$11.08$16.00$9.65
Diluted shares86.2M81.1M79.7M78.3M72.1M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$756.5M$698.0M$1.3B$1.9B$1.7B
Receivables$1.4B$1.6B$1.6B$1.7B$1.7B
Inventory$0$0$0$0$0
Total current assets$2.6B$2.8B$3.4B$4.2B$4.1B
PP&E, net$821.8M$701.2M$629.5M$500.4M$428.2M
Goodwill & intangibles$3.7B$3.5B$3.4B$3.3B$3.1B
Total assets$7.4B$7.3B$7.8B$8.5B$8.1B
Accounts payable$49.3M$83.2M$63.1M$55.8M$49.8M
Total current liabilities$3.4B$3.6B$3.8B$4.0B$4.1B
Long-term debt$2.5B$2.5B$2.4B$2.5B$3.2B
Total liabilities$7.0B$7.1B$7.2B$7.2B$7.8B
Shareholders' equity$371.1M$227.8M$680.6M$1.4B$319.9M

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income$793.6M$807.8M$882.5M$1.3B$729.2M
Depreciation & amortization$212.4M$191.9M$191.1M$202.3M$200.3M
Stock-based compensation$98.6M$90.6M$129.8M$154.8M$155.9M
Change in working capital$140.9M−$34.5M$60.6M−$41.2M−$18.6M
Operating cash flow$1.3B$1.1B$1.2B$1.5B$1.3B
Capital expenditure−$59.8M−$108.0M−$103.1M−$101.7M−$115.1M
Free cash flow$1.3B$993.4M$1.1B$1.4B$1.2B
Investing cash flow−$80.5M−$117.6M$54.2M−$103.7M−$115.1M
Net debt issued / repaid$487.1M−$5.9M−$7.8M−$3.0M$519.0M
Buybacks−$1.7B−$1.0B−$606.2M−$735.4M−$2.0B
Dividends paid$0$0$0$0$0

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin69.5%69.1%67.8%67.7%67.7%
Operating margin19.3%20.1%20.9%18.4%15.8%
Net margin16.8%14.8%14.9%20.0%11.2%
FCF margin26.5%18.1%17.8%22.1%18.1%
ROE108.6%269.8%194.3%122.9%86.9%
ROIC26.2%32.2%39.1%44.9%34.9%
ROA10.8%11.0%11.7%15.3%8.8%
Debt / equity8.7613.864.512.1311.31
Interest coverage9.3x9.5x13.6x21.9x17.0x
Current ratio0.780.770.911.061.00
Revenue growth+15.5%+15.7%+7.9%+6.1%+3.7%
EPS growth+219.8%+6.5%+10.8%+43.9%−37.1%
P/E at year end35.3x33.3x40.4x30.1x24.9x
EV / EBITDA at year end23.5x21.8x25.4x22.5x16.3x
FCF yield at year end4.47%3.69%2.95%3.66%6.46%
Dividend payout0.0%0.0%0.0%0.0%0.0%

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Research Segment$4.1B$4.6B$4.9B$5.1B—
Events$214.4M$389.3M$505.2M$583.2M$644.7M
Consulting$418.1M$481.8M$514.7M$558.5M$552.5M

Revenue by region · FY2025

United States And Canada$4.0B · 62%
Europe Middle East Africa$1.7B · 26%
Other International$770.9M · 12%

Street estimates by fiscal year

Next report 2026-11-03 · consensus EPS $2.84 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$6.4B$6.4B – $6.4B$14.47$14.13 – $14.731014.2x
2027$6.7B$6.6B – $6.7B$16.47$15.02 – $17.471012.5x
2028$7.0B$6.8B – $7.3B$18.91$17.10 – $23.83610.9x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-08-04$3.76$4.37+16.2%$1.6B$1.7B+1.7%
2026-05-05$2.99$3.32+11.0%$1.5B$1.5B−0.2%
2026-02-03$3.50$3.94+12.6%$1.7B$1.8B+0.2%
2025-11-04$2.43$2.76+13.6%$1.5B$1.5B+0.2%
2025-08-05$3.30$3.53+7.0%$1.7B$1.7B+0.7%
2025-05-06$2.72$2.98+9.6%$1.5B$1.5B−0.0%
2025-02-04$3.26$5.45+67.2%$1.7B$1.7B+1.5%
2024-11-05$2.37$2.50+5.5%$1.5B$1.5B+0.6%
2024-07-30$3.02$3.22+6.6%$1.6B$1.6B+0.7%
2024-04-30$2.53$2.93+15.8%$1.5B$1.5B−0.0%
2024-02-06$2.83$3.04+7.4%$1.6B$1.6B+0.0%
2023-11-03$1.96$2.56+30.6%$1.4B$1.4B+1.5%
2023-08-01$2.51$2.85+13.5%$1.5B$1.5B+1.5%
2023-05-02$2.00$2.88+44.0%$1.4B$1.4B+0.9%
2023-02-07$2.50$3.70+48.0%$1.5B$1.5B+3.7%
2022-11-01$1.87$2.41+28.9%$1.3B$1.3B+2.8%
2022-08-02$2.13$2.85+33.8%$1.3B$1.4B+3.9%
2022-05-03$1.75$2.33+33.1%$1.2B$1.3B+2.1%
2022-02-08$2.42$2.99+23.6%$1.2B$1.3B+4.6%
2021-11-02$1.56$2.03+30.1%$1.1B$1.2B+2.2%
2021-08-03$1.73$2.24+29.5%$1.1B$1.2B+4.4%
2021-05-04$1.05$2.00+90.5%$878.3M$1.1B+25.7%
2021-02-09$0.82$1.59+93.9%$850.2M$1.1B+30.9%
2020-11-03$0.51$0.91+78.4%$696.7M$994.6M+42.8%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.306-150.306-220.206-290.307-060.307-130.207-200.407-270.708-030.408-100.408-170.408-240.308-31
Week ofNotionalSharesTrades
2026-08-31$252.5M1,311,83141,266
2026-08-24$382.4M1,932,23249,292
2026-08-17$354.6M1,889,68957,734
2026-08-10$405.2M2,207,49160,532
2026-08-03$675.1M3,761,58282,708
2026-07-27$372.1M2,399,82267,554

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1566.5%
DateShort shareShort volumeTotal volume
2026-10-1566.5%304,076457,585
2026-10-1454.1%115,460213,542
2026-10-1361.1%187,429306,701
2026-10-1249.5%126,514255,780
2026-10-0949.9%156,555313,609
2026-10-0862.4%269,961432,326
2026-10-0759.4%144,325242,822
2026-10-0643.5%98,629226,667
2026-10-0564.4%134,952209,654
2026-10-0256.1%121,562216,738
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+1.2Jan-2.8Feb+2.0Mar+3.8Apr+3.4May-0.7Jun+1.2Jul+1.9Aug+1.2Sep+1.7Oct+3.5Nov+0.2Dec
MonthAvg returnUp yearsYears
Jan+1.2%65%20
Feb−2.8%45%20
Mar+2.0%71%21
Apr+3.8%70%20
May+3.4%60%20
Jun−0.7%45%20
Jul+1.2%65%20
Aug+1.9%55%20
Sep+1.2%55%20
Oct+1.7%60%20
Nov+3.5%70%20
Dec+0.2%50%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1463.1
MFI63.7
ADX27.4
Stochastic %K / %D80.5 / 76.0
Williams %R-20.9
CCI174
TSI / signal14.9 / 8.2
Chaikin money flow-0.13
ATR$7.95
Bollinger width16.4%
Volume vs 20-day avg0.65x
SupertrendUp

Moving averages and bands

level (price vs level)
SMA 20$189.40 (+8.4%)
SMA 50$188.70 (+8.8%)
SMA 200$170.25 (+20.6%)
EMA 21$192.04 (+6.9%)
EMA 50$184.48 (+11.3%)
EMA 200$190.17 (+8.0%)
Bollinger upper$204.94 (+0.2%)
Bollinger lower$173.86 (+18.1%)
Parabolic SAR$185.57 (+10.7%)
Open the live chart, 110+ indicators

About Gartner, Inc.

Gartner, Inc. functions as a premier research and advisory enterprise, extending its reach across the United States, Canada, Europe, the Middle East, Africa, and various international markets. Its operations are structured into three main divisions: Research, Conferences, and Consulting. The Research division primarily offers a subscription service, enabling on-demand access to extensive published studies, data, industry benchmarks, and direct consultations with its expert network. The Conferences segment provides a platform for business professionals to acquire new knowledge, share insights, and foster connections. Lastly, the Consulting segment furnishes clients with market research, bespoke analyses, and direct, on-site support services. This segment specifically addresses critical IT challenges, offering practical strategies for areas such as optimizing IT expenditures, managing digital transformation, and enhancing IT sourcing processes. Founded in 1979, Gartner, Inc. has its corporate base in Stamford, Connecticut.

https://www.gartner.com

Key executives

NameTitlePayBorn
Eugene A. HallChief Executive Officer & Chairman$2.6M1957
Craig W. SafianExecutive Vice President & Chief Financial Officer$1.7M1969
John RinelloExecutive Vice President of Global Business Sales$1.5M1969
Robin KranichExecutive Vice President & Chief Human Resources Officer$1.4M1971
Thomas Sang KimExecutive Vice President, Chief Legal Officer & Corporate Secretary$1.4M1972
Scott C. HenselExecutive Vice President of Global Services & Delivery$1.4M1973
Claire HerkesExecutive Vice President of Conferences—1976
David CohenSenior Vice President of Investor Relations——

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Eugene A. Hall, Chairman of the Board & Chief Executive Officer2025$985,185$11.6M$1.5M$19.2M
Craig W. Safian, EVP, Chief Financial Officer2025$703,855$3.4M$847,964$6.5M
Robin Kranich, EVP, Chief Human Resources Officer2025$580,805$2.1M$699,660$4.4M
Scott Hensel, EVP, Global Services & Delivery2025$578,073$2.1M$699,660$4.3M
Thomas Kim, EVP, Chief Legal Officer & Secretary2025$580,375$1.7M$699,660$3.9M

Employees

15k201817k201916k202017k202120k202220k202321k202420k2025

Dividends

Ex-dateAmountPaid
1999-07-19$1.1951999-07-22

Moat model

Narrow · Intangible Assets · 2026-06-30
Cost advantage68
Intangibles91
Switching costs57
Network effect47
Efficient scale47
Our component scores (0-100) and overall 64.7; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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