Gartner Inc (IT)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 6,258,760 | 5,938,050 | 5,932,290 | 5,994,280 | 5,975,660 | 5,887,990 | 5,754,690 | 5,470,940 | 5,210,450 | 5,032,650 | 4,824,550 | 4,680,250 | 4,501,760 | 4,292,403 | 4,095,451 | 3,995,091 | 4,067,621 | 4,128,212 | 4,231,074 | 4,170,966 |
| Property, plant and equipment | US$ in thousands | 242,968 | 254,101 | 256,536 | 262,718 | 259,890 | 258,601 | 256,863 | 264,581 | 256,176 | 250,315 | 258,364 | 273,562 | 297,020 | 309,222 | 322,610 | 336,765 | 332,891 | 343,563 | 346,579 | 344,579 |
| Fixed asset turnover | 25.76 | 23.37 | 23.12 | 22.82 | 22.99 | 22.77 | 22.40 | 20.68 | 20.34 | 20.11 | 18.67 | 17.11 | 15.16 | 13.88 | 12.69 | 11.86 | 12.22 | 12.02 | 12.21 | 12.10 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $6,258,760K ÷ $242,968K
= 25.76
Fixed asset turnover is a financial ratio that measures a company's ability to generate revenue from its fixed assets. It indicates how efficiently a company is using its fixed assets to generate sales.
Analyzing the fixed asset turnover of Gartner Inc based on the provided data reveals that the ratio has been consistently increasing over the years. From December 31, 2019, to December 31, 2024, the fixed asset turnover ratio has steadily grown from 12.10 to 25.76.
The increasing trend in the fixed asset turnover ratio suggests that Gartner Inc has been effectively utilizing its fixed assets to generate sales. A higher fixed asset turnover ratio indicates that the company is generating more revenue per dollar invested in fixed assets, which is a positive sign of operational efficiency and asset productivity.
Overall, the trend of increasing fixed asset turnover for Gartner Inc reflects a positive operational performance in terms of efficiently utilizing its fixed assets to drive revenue growth. It indicates effective management of the company's asset base and operational activities to maximize sales generated from its fixed asset investments.
Peer comparison
Dec 31, 2024