Gartner Inc (IT)
Operating return on assets (Operating ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 1,156,290 | 1,236,890 | 1,100,110 | 915,751 | 490,150 |
Total assets | US$ in thousands | 8,534,670 | 7,835,920 | 7,299,740 | 7,416,320 | 7,315,970 |
Operating ROA | 13.55% | 15.78% | 15.07% | 12.35% | 6.70% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,156,290K ÷ $8,534,670K
= 13.55%
Based on the data provided, Gartner Inc's operating return on assets (operating ROA) has shown an increasing trend over the five-year period from December 31, 2020, to December 31, 2024.
The operating ROA increased from 6.70% as of December 31, 2020, to 15.78% as of December 31, 2023, representing a significant improvement in the company's efficiency in generating operating profit from its assets.
However, there was a slight decrease in operating ROA to 13.55% as of December 31, 2024. Despite this slight decrease, the overall trend indicates that Gartner Inc has been effectively maximizing its assets to generate operating income.
This trend suggests that Gartner Inc has been successful in managing its operations efficiently and utilizing its assets effectively to generate higher returns over the years, which is a positive indicator of the company's operational performance and financial health.
Peer comparison
Dec 31, 2024