ITGartner
$189.87-24% 1Y
$189.87
$125.7352 weeks$254.59
The business
How IT's business earns
Gartner earns 79% on the capital it employs against an estimated 9.0% cost of capital.
79%
Return on invested capital · cost of capital 9.0% · 70 points above the estimated cost of capital
- Operating margin
- 20%
Operating margin · Information Technology Services median 8.5% · 12 months to Sep 30, 2026
- Cash conversion
- 1.34×
Cash conversion · 1.42× a year ago · operating cash flow divided by operating profit after tax
- Share count, year on year
- −15%
Share count, year on year · fewer shares than a year ago
Operating margin by fiscal year
| Year | Operating margin |
|---|---|
| FY2020 | 12% |
| FY2021 | 19% |
| FY2022 | 20% |
| FY2023 | 21% |
| FY2024 | 18% |
| FY2025 | 16% |
Details›
- Gross margin12 months to Sep 30, 2026
- 71%
- Operating margin12 months to Sep 30, 2026
- 20%
- Net margin12 months to Sep 30, 2026
- 15%
- Free cash flow margin
- 20%
- Revenue, trailing twelve months
- $6.44B
- Free cash flow, trailing twelve months
- $1.29B
- Net income, trailing twelve months
- $954M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 79%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
On our screensFree cash flow yield of 5 to 30 percent
Information Technology Services
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