Gartner Inc (IT)
Gross profit margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,233,834 | 1,316,196 | 1,307,649 | 1,299,038 | 1,095,679 | 662,083 | 641,602 | 633,849 | 678,753 | 923,731 | 730,786 | 550,692 | 435,704 | 381,270 | 415,455 | 431,771 | 345,401 | 726,004 | 650,260 | 562,802 |
| Revenue (ttm) | US$ in thousands | 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 | 4,439,036 | 4,360,132 | 4,292,904 |
| Gross profit margin | 20.58% | 22.03% | 22.21% | 22.57% | 20.03% | 12.71% | 12.75% | 13.14% | 14.50% | 20.52% | 17.03% | 13.45% | 10.91% | 9.37% | 10.06% | 10.20% | 8.28% | 16.35% | 14.91% | 13.11% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,233,834K ÷ $5,994,280K
= 20.58%
The gross profit margin of Gartner, Inc. has exhibited a gradual decline over the past eight quarters, starting at 69.61% in Q1 2022 and decreasing to 67.78% in Q4 2023. This downward trend suggests potential challenges in maintaining profitability from sales after deducting the cost of goods sold. The decreasing gross profit margin may indicate factors such as increasing production costs, pricing pressures, or inefficiencies in operations. It would be advisable for Gartner, Inc. to closely monitor and analyze the components contributing to the cost of goods sold to identify opportunities for improvement and potential strategies to enhance gross profitability.
Peer comparison
Dec 31, 2023