Gartner Inc (IT)
Gross profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 4,243,628 | 1,107,321 | 1,120,315 | 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 |
| 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 |
| Gross profit margin | 67.80% | 18.65% | 18.89% | 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% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,243,628K ÷ $6,258,760K
= 67.80%
Gartner Inc's gross profit margin has shown fluctuations over the past few years, as indicated by the provided data. The company's gross profit margin started at 8.28% on December 31, 2019, and gradually increased to 67.80% by December 31, 2024.
There were significant improvements in the gross profit margin between June 30, 2021, and December 31, 2023, where the margin increased from 17.03% to 22.03%. Despite a slight decrease in the gross profit margin in the subsequent periods, Gartner Inc managed to maintain a relatively high margin above 18% up to December 31, 2024.
This upward trend in the gross profit margin signifies that the company has been effectively managing its production costs and increasing its revenue. The substantial increase in the gross profit margin towards the end of the period could indicate improvements in operational efficiency or pricing strategies that contributed to enhanced profitability for Gartner Inc.
Peer comparison
Dec 31, 2024