Gartner Inc (IT)
Debt-to-equity 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-equity ratio | 1.81 | 3.60 | 10.77 | 6.62 | 1.80 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $2,459,920K ÷ $1,359,170K
= 1.81
The debt-to-equity ratio of Gartner Inc has shown significant fluctuations over the past five years. The ratio stood at 1.80 as of December 31, 2020, indicating a moderate level of debt relative to equity. However, there was a substantial increase to 6.62 by the end of December 31, 2021, suggesting a notable rise in debt compared to equity.
This trend continued in the following years, with the ratio escalating to 10.77 as of December 31, 2022, reflecting a significant increase in financial leverage. However, there was a notable decline in the ratio to 3.60 by December 31, 2023, indicating a reduction in the proportion of debt to equity.
By the end of December 31, 2024, the debt-to-equity ratio reverted closer to its initial level at 1.81, suggesting a return to a more balanced capital structure. Overall, the fluctuating trend in the debt-to-equity ratio of Gartner Inc indicates varying levels of financial leverage over the years, which merits further exploration into the company's debt management strategies and capital structure decisions.
Peer comparison
Dec 31, 2024