Gartner Inc (IT)
Total 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 |
| Total assets | US$ in thousands | 8,534,670 | 7,845,450 | 7,709,810 | 7,835,920 | 7,244,400 | 7,355,930 | 7,378,930 | 7,299,740 | 6,525,950 | 6,590,590 | 6,985,450 | 7,416,320 | 6,994,640 | 7,188,340 | 6,937,860 | 7,315,970 | 6,840,600 | 6,810,290 | 6,800,350 | 7,151,290 |
| Total asset turnover | 0.73 | 0.76 | 0.77 | 0.76 | 0.82 | 0.80 | 0.78 | 0.75 | 0.80 | 0.76 | 0.69 | 0.63 | 0.64 | 0.60 | 0.59 | 0.55 | 0.59 | 0.61 | 0.62 | 0.58 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $6,258,760K ÷ $8,534,670K
= 0.73
The total asset turnover ratio of Gartner Inc has shown fluctuations over the years based on the provided data. The ratio indicates the efficiency with which the company is utilizing its assets to generate revenue.
From December 2019 to December 2020, the total asset turnover ratio decreased from 0.58 to 0.55, suggesting a decline in the company's ability to generate revenue relative to its total assets. This could indicate issues with asset utilization or declining sales efficiency during this period.
From March 2021 to March 2024, the ratio fluctuated within a range of 0.59 to 0.77, showing some variability in the company's asset utilization efficiency. However, the ratio generally improved over this period, reaching a peak of 0.77 in March 2024, which could signal stronger revenue generation relative to total assets.
Overall, it is important for Gartner Inc to continuously monitor and improve its total asset turnover ratio to ensure efficient use of assets in generating revenue and to maximize profitability.
Peer comparison
Dec 31, 2024