Gartner Inc (IT)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,459,920 | 2,448,700 | 2,453,610 | 2,456,830 | 1,958,290 |
| Total stockholders’ equity | US$ in thousands | 1,359,170 | 680,634 | 227,798 | 371,058 | 1,090,430 |
| Debt-to-capital ratio | 0.64 | 0.78 | 0.92 | 0.87 | 0.64 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $2,459,920K ÷ ($2,459,920K + $1,359,170K)
= 0.64
The debt-to-capital ratio of Gartner Inc has exhibited fluctuations over the past five years. As of December 31, 2020, the ratio stood at 0.64, indicating that 64% of the company's capital was financed through debt. Subsequently, the ratio increased to 0.87 by December 31, 2021, and further rose to 0.92 by December 31, 2022, reaching its highest point in the period under review. This suggests an increasing reliance on debt to fund the company's operations and investments.
However, in the following years, there was a slight decline in the debt-to-capital ratio. By December 31, 2023, the ratio decreased to 0.78, signaling a reduction in the proportion of debt used to finance the company's activities. Finally, by the end of December 31, 2024, the ratio reverted back to the initial level of 0.64.
Overall, Gartner Inc's debt-to-capital ratio has demonstrated some variability, reflecting changes in the company's capital structure and financing decisions. It is essential for investors and stakeholders to monitor these fluctuations to assess the company's leverage and financial risk effectively.
Peer comparison
Dec 31, 2024