Gartner Inc (IT)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 882,466 | 807,799 | 793,560 | 266,745 | 233,290 |
| Revenue | US$ in thousands | 5,999,420 | 5,479,130 | 4,676,650 | 3,994,620 | 4,181,240 |
| Net profit margin | 14.71% | 14.74% | 16.97% | 6.68% | 5.58% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $882,466K ÷ $5,999,420K
= 14.71%
The net profit margin of Gartner, Inc. has shown a fluctuating trend over the past five years. In 2023, the net profit margin was 14.94%, a slight increase from 14.75% in 2022. Prior to this, there was a significant drop in the net profit margin from 16.76% in 2021 to 6.51% in 2020. Furthermore, in 2019, the net profit margin was 5.50%. While the company experienced a considerable improvement in profitability from 2019 to 2021, the subsequent decline in 2022 and 2023 suggests some volatility in the company's profitability. Additional analysis of the company's operations and financial performance would be needed to determine the factors driving these fluctuations.
Peer comparison
Dec 31, 2023