Gartner Inc (IT)
Financial leverage 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 | ||
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Total assets | US$ in thousands | 8,534,670 | 7,845,450 | 7,709,810 | 7,835,920 | 7,244,400 | 7,355,930 | 7,378,930 | 7,299,740 | 6,525,950 | 6,590,590 | 6,985,450 | 7,416,320 | 6,994,640 | 7,188,340 | 6,937,860 | 7,315,970 | 6,840,600 | 6,810,290 | 6,800,350 | 7,151,290 |
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 |
Financial leverage ratio | 6.28 | 7.37 | 10.74 | 11.51 | 12.78 | 12.54 | 15.60 | 32.04 | — | — | 59.12 | 19.99 | 20.91 | 13.62 | 7.78 | 6.71 | 6.59 | 6.87 | 7.64 | 7.62 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $8,534,670K ÷ $1,359,170K
= 6.28
The financial leverage ratio of Gartner Inc has fluctuated over the period from December 2019 to December 2024. The ratio started at 7.62 in December 2019, increased slightly to 7.64 in March 2020, and then decreased to 6.87 in June 2020. The trend continued to decline to 6.59 in September 2020 but went up to 6.71 in December 2020.
From March 2021 to September 2021, the financial leverage ratio experienced significant fluctuations, starting at 7.78 in March 2021 and sharply increasing to 20.91 in September 2021, indicating higher financial risk. It further rose to 19.99 by December 2021 before reaching an exceptionally high level of 59.12 by March 2022.
However, in the subsequent periods from March 2022 to December 2024, the financial leverage ratio showed a decreasing trend. It dropped to 32.04 by December 2022 and continued to decline steadily to 6.28 by December 2024, indicating a reduction in financial risk and a more conservative capital structure approach.
Overall, the financial leverage ratio of Gartner Inc illustrates fluctuations in the company's debt utilization and capital structure over the analyzed period, with both high and low levels observed. This variability highlights the importance of closely monitoring leverage ratios in assessing the company's financial health and risk profile.
Peer comparison
Dec 31, 2024