Gartner Inc (IT)
Debt-to-equity ratio
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,459,920 | 2,458,890 | 2,456,880 | 2,448,700 | 2,449,910 | 2,451,140 | 2,452,370 | 2,453,610 | 2,454,850 | 2,455,510 | 2,456,170 | 2,456,830 | 2,457,640 | 2,457,850 | 1,949,080 | 1,958,290 | 1,957,470 | 1,937,230 | 2,035,270 | 2,043,890 |
| Total stockholders’ equity | US$ in thousands | 1,359,170 | 1,064,680 | 718,174 | 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 |
| Debt-to-equity ratio | 1.81 | 2.31 | 3.42 | 3.60 | 4.32 | 4.18 | 5.19 | 10.77 | — | — | 20.79 | 6.62 | 7.35 | 4.66 | 2.19 | 1.80 | 1.89 | 1.95 | 2.29 | 2.18 |
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 exhibited fluctuations over the historical period analyzed. Starting at 2.18 as of December 31, 2019, the ratio increased to 2.29 by March 31, 2020, before showing a decreasing trend in the following quarters. By December 31, 2020, the ratio had decreased to 1.80, reaching a relatively low point.
However, the ratio saw a sudden spike to 20.79 as of March 31, 2022, which indicates a substantial increase in debt relative to equity during that period. The ratio remained quite high in the subsequent quarter before experiencing a decline to 1.81 by December 31, 2024, showing a notable improvement from the peak in 2022.
Overall, the debt-to-equity ratio of Gartner Inc has displayed significant variability, reflecting changes in the company's capital structure and financial leverage over the analyzed period. Investors and stakeholders may want to further investigate the reasons behind the fluctuations to understand Gartner Inc's financing decisions and risk profile.
Peer comparison
Dec 31, 2024