Tearsheet

Gartner (IT)


Market Price (12/18/2025): $251.35 | Market Cap: $18.8 Bil
Sector: Information Technology | Industry: IT Consulting & Other Services

Gartner (IT)


Market Price (12/18/2025): $251.35
Market Cap: $18.8 Bil
Sector: Information Technology
Industry: IT Consulting & Other Services

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 19%
Weak multi-year price returns
2Y Excs Rtn is -89%, 3Y Excs Rtn is -96%
Key risks
IT key risks include [1] the failure to adapt its advisory services to a rapidly evolving technology landscape, Show more.
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -41%
  
2 Attractive yield
FCF Yield is 6.2%
  
3 Low stock price volatility
Vol 12M is 42%
  
4 Megatrend and thematic drivers
Megatrends include Cloud Computing, Cybersecurity, and Artificial Intelligence. Themes include Software as a Service (SaaS), Show more.
  
0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 19%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -41%
2 Attractive yield
FCF Yield is 6.2%
3 Low stock price volatility
Vol 12M is 42%
4 Megatrend and thematic drivers
Megatrends include Cloud Computing, Cybersecurity, and Artificial Intelligence. Themes include Software as a Service (SaaS), Show more.
5 Weak multi-year price returns
2Y Excs Rtn is -89%, 3Y Excs Rtn is -96%
6 Key risks
IT key risks include [1] the failure to adapt its advisory services to a rapidly evolving technology landscape, Show more.

Valuation, Metrics & Events

IT Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

Here are key points regarding Gartner (IT) stock performance from August 31, 2025, to December 18, 2025: 1. Gartner's stock experienced a significant decline, losing approximately 52% of its value by mid-December 2025. 2. The stock peaked above $500 per share in November 2024 and subsequently saw its value cut in half, trading around $233 by December 2025.

Show more

Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
IT Return4%109%1%34%7%-49%61%
Peers Return12%21%-1%14%-1%-15%29%
S&P 500 Return16%27%-19%24%23%14%108%

Monthly Win Rates [3]
IT Win Rate58%75%42%50%67%42% 
Peers Win Rate60%60%47%60%57%40% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
IT Max Drawdown-46%-5%-33%-12%-9%-54% 
Peers Max Drawdown-33%-9%-22%-17%-16%-30% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: FORR, ACN, IBM, BAH, SAIC. See IT Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/17/2025 (YTD)

How Low Can It Go

Unique KeyEventITS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-34.0%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven51.6%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven147 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-49.2%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven96.8%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven293 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-26.0%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven35.2%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven544 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-70.3%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven236.8%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven519 days1,480 days

Compare to EVH, XPER, FORR, BAO, GBH


In The Past

Gartner's stock fell -34.0% during the 2022 Inflation Shock from a high on 11/2/2021. A -34.0% loss requires a 51.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Gartner (IT)

Better Bets than Gartner (IT)

Latest Trefis Analyses

Trade Ideas

Select past ideas related to IT. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE11302025ENPHEnphase EnergyDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
10.4%10.4%-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11262025PDPagerDutyDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
10.7%10.7%0.0%
CRM_11212025_Dip_Buyer_FCFYield11212025CRMSalesforceDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
12.2%12.2%-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE11212025HUBSHubSpotDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
4.2%4.2%0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11212025FIVNFive9Dip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
13.6%13.6%0.0%
IT_8312025_Dip_Buyer_High_CFO_Margins_ExInd_DE08312025ITGartnerDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
-1.5%-1.5%-10.8%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE11302025ENPHEnphase EnergyDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
10.4%10.4%-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11262025PDPagerDutyDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
10.7%10.7%0.0%
CRM_11212025_Dip_Buyer_FCFYield11212025CRMSalesforceDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
12.2%12.2%-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE11212025HUBSHubSpotDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
4.2%4.2%0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11212025FIVNFive9Dip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
13.6%13.6%0.0%
IT_8312025_Dip_Buyer_High_CFO_Margins_ExInd_DE08312025ITGartnerDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
-1.5%-1.5%-10.8%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Gartner

Peers to compare with:

Financials

ITFORRACNIBMBAHSAICMedian
NameGartner Forreste.AccentureInternat.Booz All.Science . 
Mkt Price251.297.25273.74303.3286.55102.44176.87
Mkt Cap18.80.1170.5283.310.64.614.7
Rev LTM6,46040469,67365,40211,7067,3509,528
Op Inc LTM1,1591310,22611,5441,1065241,133
FCF LTM1,2162010,87411,8548194271,017
FCF 3Y Avg1,169109,49511,753641431905
CFO LTM1,3312211,47413,4839104661,121
CFO 3Y Avg1,2801510,04313,4987284621,004

Growth & Margins

ITFORRACNIBMBAHSAICMedian
NameGartner Forreste.AccentureInternat.Booz All.Science . 
Rev Chg LTM5.2%-8.7%7.4%4.5%2.4%-0.4%3.5%
Rev Chg 3Y Avg7.0%-8.9%4.2%2.6%10.0%-0.7%3.4%
Rev Chg Q2.7%-8.0%7.3%9.1%-8.1%-5.6%-1.4%
QoQ Delta Rev Chg LTM0.6%-2.0%1.7%2.1%-2.1%-1.5%-0.4%
Op Mgn LTM17.9%3.3%14.7%17.7%9.5%7.1%12.1%
Op Mgn 3Y Avg18.7%3.6%14.4%16.4%8.7%7.0%11.6%
QoQ Delta Op Mgn LTM-0.3%0.6%-0.7%0.6%-2.0%-0.3%-0.3%
CFO/Rev LTM20.6%5.6%16.5%20.6%7.8%6.3%12.1%
CFO/Rev 3Y Avg20.8%3.4%15.1%21.4%6.4%6.2%10.8%
FCF/Rev LTM18.8%4.9%15.6%18.1%7.0%5.8%11.3%
FCF/Rev 3Y Avg19.0%2.5%14.3%18.6%5.6%5.8%10.0%

Valuation

ITFORRACNIBMBAHSAICMedian
NameGartner Forreste.AccentureInternat.Booz All.Science . 
Mkt Cap18.80.1170.5283.310.64.614.7
P/S3.00.32.24.01.00.61.6
P/EBIT18.4-1.714.623.210.9-14.6
P/E22.2-1.620.033.314.812.317.4
P/CFO14.86.213.419.513.59.813.4
Total Yield4.5%-61.4%7.4%5.4%6.7%9.7%6.0%
Dividend Yield0.0%0.0%2.4%2.4%0.0%1.6%0.8%
FCF Yield 3Y Avg4.4%4.2%5.2%6.4%4.1%-4.4%
D/E0.10.50.10.30.3-0.3
Net D/E0.1-0.5-0.00.20.3-0.1

Returns

ITFORRACNIBMBAHSAICMedian
NameGartner Forreste.AccentureInternat.Booz All.Science . 
1M Rtn10.8%-0.5%13.4%2.1%6.0%17.6%8.4%
3M Rtn-1.0%-33.2%14.2%17.7%-14.2%0.0%-0.5%
6M Rtn-37.1%-25.5%-9.6%8.4%-14.2%-1.5%-11.9%
12M Rtn-49.5%-53.7%-21.8%35.9%-34.9%-9.2%-28.3%
3Y Rtn-25.7%-79.6%9.1%141.5%-12.2%-3.6%-7.9%
1M Excs Rtn10.0%-1.3%12.7%1.3%5.3%16.9%7.6%
3M Excs Rtn-2.0%-36.7%13.7%13.7%-15.3%-1.0%-1.5%
6M Excs Rtn-49.5%-37.9%-22.0%-4.0%-26.5%-13.9%-24.3%
12M Excs Rtn-61.7%-66.1%-33.2%23.7%-45.3%-19.2%-39.2%
3Y Excs Rtn-96.2%-147.8%-69.8%58.4%-81.6%-72.4%-77.0%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Research4,8874,6054,1013,6033,375
Consulting515482418376394
Conferences505389214120477
Total5,9075,4764,7344,0994,245


Price Behavior

Short Interest

Short Interest: As Of Date11282025
Short Interest: Shares Quantity5,099,590
Short Interest: % Change Since 111520258.1%
Average Daily Volume950,494
Days-to-Cover Short Interest5.37
Basic Shares Quantity74,884,000
Short % of Basic Shares6.8%

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/4/2025-7.6%-7.0%-5.6%
8/5/2025-27.6%-32.9%-26.5%
5/6/20251.4%4.7%-0.3%
2/4/2025-0.1%-3.5%-10.5%
11/5/20241.7%8.7%3.5%
2/6/2024-1.7%-4.0%-0.2%
5/2/2023-1.8%-1.1%11.5%
2/7/20233.5%3.1%-0.8%
...
SUMMARY STATS   
# Positive131110
# Negative689
Median Positive7.6%6.3%13.8%
Median Negative-2.4%-4.2%-5.6%
Max Positive14.2%24.7%23.3%
Max Negative-27.6%-32.9%-26.5%

SEC Filings

Expand for More

Report DateFiling DateFiling
93020251104202510-Q 9/30/2025
6302025805202510-Q 6/30/2025
3312025506202510-Q 3/31/2025
12312024213202510-K 12/31/2024
93020241105202410-Q 9/30/2024
6302024730202410-Q 6/30/2024
3312024430202410-Q 3/31/2024
12312023215202410-K 12/31/2023
93020231103202310-Q 9/30/2023
6302023801202310-Q 6/30/2023
3312023502202310-Q 3/31/2023
12312022216202310-K 12/31/2022
93020221101202210-Q 9/30/2022
6302022802202210-Q 6/30/2022
3312022503202210-Q 3/31/2022
12312021223202210-K 12/31/2021

Insider Activity

Expand for More

 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0Rinello John JSVP, Global Business Sales8262025Sell249.7110526,220805,315Form
1GUTIERREZ JOSE M 8202025Buy239.8041799,997498,784Form
2FUCHS ANNE SUTHERLAND 6132025Sell413.29655270,7053,330,704Form
3Jain AkhilEVP, Consulting5212025Sell450.00625281,2502,946,600Form
4Herkes ClaireEVP, Conferences5202025Sell447.1718884,0681,821,771Form