Gartner Inc (IT)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 7,835,920 | 7,299,740 | 7,416,320 | 7,315,970 | 7,151,290 |
| ROA | 11.26% | 11.07% | 10.70% | 3.65% | 3.26% |
December 31, 2023 calculation
ROA = Net income ÷ Total assets
= $882,466K ÷ $7,835,920K
= 11.26%
The return on assets (ROA) for Gartner, Inc. has steadily increased over the past five years, reflecting the company's improving efficiency in generating profits from its assets. The ROA stood at 3.26% in 2019 and has since shown significant growth, reaching 11.26% by the end of 2023. This upward trend indicates that management has been successful in utilizing the company's assets more effectively to generate higher returns for shareholders. Overall, the increasing ROA demonstrates Gartner's improved operational performance and effectiveness in generating profits relative to its asset base over the years.
Peer comparison
Dec 31, 2023