Question 1

What is Gartner's P/FCF ratio?

Accepted Answer

Gartner (IT) P/FCF ratio is 9.1× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Gartner?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Gartner specifically, the relevant sector benchmark is the current sector median of 24.3×.

Question 5

Is Gartner's P/FCF ratio high or low?

Accepted Answer

Gartner's P/FCF ratio of 9.1× is below its own 5-year average of 23.4× and below the sector median of 24.3×. That places the current reading at the 2th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Gartner's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Gartner (IT) P/FCF ratio has ranged from a low of 5.0× in 2003 to a high of 306.6× in 2005. The 5-year average is 23.4× and the 5-year median is 21.8×.

Question 7

What was Gartner's P/FCF ratio in 2025?

Accepted Answer

Gartner (IT) P/FCF ratio at the end of 2025 was 15.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Gartner's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$18.16B	$1.18B	15.5×	-11.7×	Dec 31, 2025
2024	$37.55B	$1.38B	27.1×	-6.5×	Dec 31, 2024
2023	$35.37B	$1.05B	33.6×	+6.8×	Dec 31, 2023
2022	$26.62B	$993.37M	26.8×	+4.8×	Dec 31, 2022
2021	$27.58B	$1.25B	22.0×	+4.6×	Dec 31, 2021
2020	$14.31B	$819.39M	17.5×	-15.6×	Dec 31, 2020
2019	$13.78B	$416.42M	33.1×	-0.5×	Dec 31, 2019
2018	$11.56B	$344.29M	33.6×	-44.2×	Dec 31, 2018
2017	$11.18B	$143.75M	77.8×	+51.3×	Dec 31, 2017
2016	$8.35B	$315.77M	26.5×	+1.4×	Dec 31, 2016
2015	$7.50B	$299.43M	25.0×	+1.1×	Dec 31, 2015
2014	$7.38B	$308.29M	23.9×	+0.5×	Dec 31, 2014
2013	$6.55B	$279.16M	23.5×	+5.2×	Dec 31, 2013
2012	$4.30B	$235.48M	18.3×	+2.9×	Dec 31, 2012
2011	$3.29B	$213.61M	15.4×	-1.9×	Dec 31, 2011
2010	$3.18B	$183.81M	17.3×	+5.6×	Dec 31, 2010
2009	$1.72B	$146.79M	11.7×	+1.3×	Dec 31, 2009
2008	$1.67B	$160.02M	10.5×	-3.4×	Dec 31, 2008
2007	$1.72B	$124.16M	13.8×	-10.2×	Dec 31, 2007
2006	$2.05B	$85.15M	24.1×	-282.5×	Dec 31, 2006
2005	$1.46B	$4.77M	306.6×	+247.1×	Dec 31, 2005
2004	$1.37B	$23.10M	59.5×	+51.3×	Dec 31, 2004
2003	$882.47M	$107.41M	8.2×	+2.2×	Dec 31, 2003
2002	$748.69M	$125.22M	6.0×	-12.7×	Dec 31, 2002
2001	$980.59M	$52.43M	18.7×	—	Dec 31, 2001


CSX (CSX)	18.5×
Alamo Group (ALG)	18.0×
Otis Worldwide (OTIS)	17.9×
Fortive (FTV)	17.9×
Allegion (ALLE)	17.8×
Snap-on (SNA)	17.6×
FedEx (FDX)	17.3×
Norfolk Southern (NSC)	16.9×
Gorman-Rupp (GRC)	16.2×
Automatic Data Processing (ADP)	15.8×
Paychex (PAYX)	15.6×
AGCO (AGCO)	15.4×
General Dynamics (GD)	15.3×
Carlisle Companies (CSL)	14.7×
Amentum Holdings (AMTM)	14.7×
Stanley Black & Decker (SWK)	14.4×
A. O. Smith (AOS)	14.2×
Huntington Ingalls Industries (HII)	14.1×
McGrath RentCorp (MGRC)	13.9×
Pool (POOL)	12.2×
Delta Air Lines (DAL)	11.1×
Builders FirstSource (BLDR)	10.5×
United Airlines Holdings (UAL)	9.4×
ABM Industries (ABM)	7.2×
Versant Media Group, Inc. Class A (VSNT)	2.7×

P/FCF Ratio for Gartner (IT)

P/FCF Ratio daily chart for Gartner (IT)

Historical P/FCF Ratio for Gartner (IT) from 2001 to 2025

About P/FCF Ratio at Gartner (IT)

Gartner P/FCF Ratio by Year

Gartner P/FCF Ratio 2025: 15.5×

Gartner P/FCF Ratio 2024: 27.1×

Gartner P/FCF Ratio 2023: 33.6×

Gartner P/FCF Ratio 2022: 26.8×

Gartner P/FCF Ratio 2021: 22.0×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Gartner (IT) Key Financials

P/FCF Ratio daily chart for Gartner (IT)

Historical P/FCF Ratio for Gartner (IT) from 2001 to 2025

About P/FCF Ratio at Gartner (IT)

Gartner P/FCF Ratio by Year

Gartner P/FCF Ratio 2025: 15.5×

Gartner P/FCF Ratio 2024: 27.1×

Gartner P/FCF Ratio 2023: 33.6×

Gartner P/FCF Ratio 2022: 26.8×

Gartner P/FCF Ratio 2021: 22.0×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is Gartner's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for Gartner?

+Is Gartner's P/FCF ratio high or low?

+What is Gartner's historical P/FCF ratio range?

+What was Gartner's P/FCF ratio in 2025?

+Why does Gartner's P/FCF ratio change over time?

Gartner (IT) Key Financials