Gartner Inc (IT)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,147,130 | 1,027,200 | 969,870 | 326,133 | 275,739 |
| Revenue | US$ in thousands | 5,999,420 | 5,479,130 | 4,676,650 | 3,994,620 | 4,181,240 |
| Pretax margin | 19.12% | 18.75% | 20.74% | 8.16% | 6.59% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $1,147,130K ÷ $5,999,420K
= 19.12%
The pretax margin of Gartner, Inc. has shown a consistent upward trend over the past five years, with percentages increasing from 6.50% in 2019 to 19.42% in 2023. This indicates an improvement in the company's efficiency in generating profits before accounting for taxes. In particular, the significant increase from 2020 to 2021 (7.96% to 20.49%) suggests that the company was able to better control costs and increase operational effectiveness. The pretax margin is a key indicator of a company's profitability and operational performance, and the consistent improvement seen in Gartner's pretax margin reflects positively on its financial management and overall business strategy.
Peer comparison
Dec 31, 2023