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IT (Gartner) Debt-to-EBITDA : 1.70 (As of Dec. 2024)


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What is Gartner Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Gartner's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $100 Mil. Gartner's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $2,800 Mil. Gartner's annualized EBITDA for the quarter that ended in Dec. 2024 was $1,707 Mil. Gartner's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 1.70.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Gartner's Debt-to-EBITDA or its related term are showing as below:

IT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.69   Med: 2.45   Max: 14.13
Current: 1.69

During the past 13 years, the highest Debt-to-EBITDA Ratio of Gartner was 14.13. The lowest was 1.69. And the median was 2.45.

IT's Debt-to-EBITDA is ranked worse than
60.62% of 1648 companies
in the Software industry
Industry Median: 1.08 vs IT: 1.69

Gartner Debt-to-EBITDA Historical Data

The historical data trend for Gartner's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gartner Debt-to-EBITDA Chart

Gartner Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.30 2.50 2.35 2.09 1.69

Gartner Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.99 2.25 1.98 1.22 1.70

Competitive Comparison of Gartner's Debt-to-EBITDA

For the Information Technology Services subindustry, Gartner's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gartner's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Gartner's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Gartner's Debt-to-EBITDA falls into.


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Gartner Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Gartner's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(100.312 + 2799.694) / 1720.735
=1.69

Gartner's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(100.312 + 2799.694) / 1706.984
=1.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2024) EBITDA data.


Gartner  (NYSE:IT) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Gartner Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Gartner's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Gartner Business Description

Traded in Other Exchanges
Address
56 Top Gallant Road, P.O. Box 10212, Stamford, CT, USA, 06902-7700
Gartner Inc provides independent research and analysis on information technology and other related technology industries. Its research is delivered to clients' desktops in the form of reports, briefings, and updates. Typical clients are chief information officers and other business executives who help plan companies' IT budgets. Gartner also provides consulting services. The company operates through three business segments, namely Research, Conferences and Consulting. The company generates majority of the revenue from Research segment.
Executives
Yvonne Genovese officer: EVP, Global Product Management 56 TOP GALLANT ROAD, STAMFORD CT 06902
Eileen Serra director 56 TOP GALLANT RD., STAMFORD CT 06902
Wartinbee William James Iii officer: SVP, Global Sales Strat & Ops 56 TOP GALLANT ROAD, STAMFORD CT 06902
Claire Herkes officer: EVP, Conferences 56 TOP GALLANT ROAD, STAMFORD CT 06902
James C Smith director C/O FIRST HEALTH GROUP CORP, 3200 HIGHLAND AVENUE, DOWNERS GROVE IL 60515
Peter Bisson director ONE ADP BOULEVARD, ROSELAND NJ 07068
Akhil Jain officer: SVP, Consulting 56 TOP GALLANT ROAD, STAMFORD CT 06902
Scott Hensel officer: EVP Consulting C/O GARTNER, INC., 56 TOP GALLANT RD., STAMFORD CT 06902
Alwyn Dawkins officer: EVP, Conferences 56 TOP GALLANT ROAD, STAMFORD CT 06902
Valentin Sribar officer: SVP, Research & Advisory 56 TOP GALLANT ROAD, STAMFORD CT 06902
Joseph P. Beck officer: EVP, Global Technology Sales 56 TOP GALLANT RD., STAMFORD CT 06902
Craig Safian officer: EVP & CFO 56 TOP GALLANT ROAD, STAMFORD CT 06904
Kenneth Allard officer: SVP, New Market Programs 56 TOP GALLANT, STAMFORD CT 06902
Eugene A Hall director, officer: CEO ONE ADP BLVD, ROSELAND NJ 07068
Karen E Dykstra director ONE ADP BLVD, ROSELAND NJ 07068