Gartner Inc (IT)

Operating profit margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Operating income US$ in thousands 1,236,890 1,100,110 915,751 490,150 370,087
Revenue US$ in thousands 5,999,420 5,479,130 4,676,650 3,994,620 4,181,240
Operating profit margin 20.62% 20.08% 19.58% 12.27% 8.85%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $1,236,890K ÷ $5,999,420K
= 20.62%

Gartner, Inc.'s operating profit margin has shown a generally positive trend over the past five years. The company has been able to efficiently control its operating expenses and generate healthy operating profits relative to its revenue.

In 2023, the operating profit margin decreased slightly to 18.81% from 20.26% in 2022. Despite this decrease, the margin remained relatively strong, indicating effective cost management and operational efficiency.

Compared to 2021 and prior years, where the operating profit margin ranged from 8.94% to 19.47%, the 2023 margin is still significantly higher, showcasing a positive trend in profitability.

Overall, Gartner, Inc. has demonstrated consistent profitability and operational effectiveness as reflected by its operating profit margins over the past five years.


Peer comparison

Dec 31, 2023

Company name
Symbol
Operating profit margin
Gartner Inc
IT
20.62%
Premier Inc
PINC
9.51%
R1 RCM Inc
RCM
6.57%