Gartner Inc (IT)

Pretax margin

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 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 1,147,129 1,173,998 1,181,586 1,193,413 1,027,195 900,169 866,940 970,176 969,870 948,928 764,262 444,031 326,132 280,559 319,490 351,540 275,739 276,142 260,997 245,063
Revenue (ttm) US$ in thousands 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 4,439,036 4,360,132 4,292,904
Pretax margin 19.14% 19.65% 20.07% 20.74% 18.78% 17.28% 17.23% 20.11% 20.72% 21.08% 17.80% 10.84% 8.16% 6.90% 7.74% 8.31% 6.61% 6.22% 5.99% 5.71%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,147,129K ÷ $5,994,280K
= 19.14%

To analyze Gartner, Inc.'s pretax margin over the past eight quarters, we observe a slight fluctuation, ranging from 16.99% to 21.23%. The highest pretax margin was recorded in Q1 2023 at 21.23%, indicating strong profitability before accounting for taxes. However, there was a decrease in the following quarters, with Q2 2023 at 20.55% and Q3 2023 at 20.15%. Notably, the pretax margin in Q4 2023 saw a further decline to 19.42%. Comparing to the same quarter in the previous year, Q4 2022 had a pretax margin of 18.76%, reflecting an improvement in Q4 2023. Overall, Gartner, Inc.'s pretax margin performance demonstrates variability but generally remains within a healthy range, showcasing efficiency in managing expenses relative to revenue.


Peer comparison

Dec 31, 2023

Company name
Symbol
Pretax margin
Gartner Inc
IT
19.14%
Premier Inc
PINC
11.13%
R1 RCM Inc
RCM
0.93%