Gartner Inc (IT)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 680,634 | 227,798 | 371,058 | 1,090,430 | 938,593 |
| ROE | 129.65% | 354.61% | 213.86% | 24.46% | 24.86% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $882,466K ÷ $680,634K
= 129.65%
Gartner, Inc.'s return on equity (ROE) has fluctuated significantly over the past five years. In 2023, the ROE was 129.65%, indicating a decrease from the exceptionally high ROE of 354.61% in 2022. Despite the decrease, the 2023 ROE remains relatively high compared to the levels in 2020 and 2019, where the ROE was 24.46% and 24.86%, respectively. The ROE in 2021 was 213.86%, reflecting a strong performance, although not as exceptional as in 2022.
Overall, the ROE trend for Gartner, Inc. shows significant volatility, with sharp increases and decreases in successive years. This fluctuation may be indicative of changes in the company's profitability, financial leverage, or efficiency in utilizing shareholders' equity to generate profits. Further analysis of the company's financial performance and operations is recommended to better understand the factors driving these fluctuations in ROE.
Peer comparison
Dec 31, 2023