Gartner Inc (IT)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 680,634 | 566,638 | 586,506 | 472,858 | 227,798 | -64,926 | -142,867 | 118,153 | 371,058 | 334,507 | 527,638 | 891,594 | 1,090,430 | 1,037,500 | 991,219 | 890,275 | 938,593 | 919,657 | 963,802 | 856,897 |
| ROE | 129.65% | 164.24% | 157.57% | 196.90% | 354.61% | — | — | 678.76% | 213.86% | 210.40% | 108.39% | 39.90% | 24.46% | 20.71% | 24.14% | 32.30% | 24.86% | 27.14% | 22.82% | 19.00% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $882,466K ÷ $680,634K
= 129.65%
Based on the provided data, it is evident that Gartner, Inc.'s return on equity (ROE) has experienced significant fluctuations over the past eight quarters. Specifically, the ROE figures range from 129.65% to 678.76%.
The ROE of 678.76% in Q1 2022 reflects exceptional profitability and efficiency in generating returns for shareholders. This could be attributed to various factors such as effective cost management, revenue growth, and capital structure optimization.
However, the subsequent quarters show a decline in ROE, with Q4 2022 dropping to 354.61% and further decreases in the following quarters. Despite the fluctuations, all ROE figures remain notably high, indicating that Gartner, Inc. has been consistently generating strong returns relative to its equity base.
It is essential to delve deeper into the company's financial performance and operations to understand the reasons behind these fluctuations and assess the sustainability of such high ROE levels in the future.
Peer comparison
Dec 31, 2023