Gartner Inc (IT)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 1,253,720 | 882,466 | 807,799 | 793,560 | 266,745 |
Total assets | US$ in thousands | 8,534,670 | 7,835,920 | 7,299,740 | 7,416,320 | 7,315,970 |
ROA | 14.69% | 11.26% | 11.07% | 10.70% | 3.65% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $1,253,720K ÷ $8,534,670K
= 14.69%
Based on the provided data, Gartner Inc's return on assets (ROA) has shown a significant upward trend over the years. From 3.65% in December 31, 2020, the ROA improved to 10.70% by December 31, 2021, further increasing to 11.07% by December 31, 2022. The trend continued positively, reaching 11.26% by December 31, 2023, and notably peaking at 14.69% by December 31, 2024. This indicates that Gartner Inc's ability to generate profits from its assets has been steadily improving, reflecting efficient asset utilization and potentially effective management strategies during this period.