Gartner Inc (IT)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 882,466 | 930,649 | 924,185 | 931,067 | 807,799 | 760,344 | 735,664 | 801,975 | 793,560 | 703,808 | 571,907 | 355,748 | 266,745 | 214,839 | 239,263 | 287,592 | 233,290 | 249,609 | 219,974 | 162,838 |
| Total assets | US$ in thousands | 7,835,920 | 7,244,400 | 7,355,930 | 7,378,930 | 7,299,740 | 6,525,950 | 6,590,590 | 6,985,450 | 7,416,320 | 6,994,640 | 7,188,340 | 6,937,860 | 7,315,970 | 6,840,600 | 6,810,290 | 6,800,350 | 7,151,290 | 6,737,340 | 6,729,640 | 6,714,680 |
| ROA | 11.26% | 12.85% | 12.56% | 12.62% | 11.07% | 11.65% | 11.16% | 11.48% | 10.70% | 10.06% | 7.96% | 5.13% | 3.65% | 3.14% | 3.51% | 4.23% | 3.26% | 3.70% | 3.27% | 2.43% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $882,466K ÷ $7,835,920K
= 11.26%
To analyze Gartner, Inc.'s return on assets (ROA) based on the provided data:
- The ROA has been fluctuating over the past 8 quarters, ranging from a low of 11.07% in Q4 2022 to a high of 12.85% in Q3 2023.
- The average ROA over these periods is approximately 11.98%, indicating that, on average, Gartner generates 11.98 cents of profit for every dollar of assets it owns.
- The consistency of ROA above 11% suggests that Gartner has been effectively utilizing its assets to generate profits.
- The increase in ROA from Q4 2022 to Q3 2023 indicates a positive trend in efficiency and profitability.
- Further analysis would be necessary to determine the specific factors influencing these fluctuations and to assess the company's asset utilization efficiency.
Peer comparison
Dec 31, 2023