ITGartner

$192.82

Is it safe?

Can IT take a bad year?

Gartner carries $1.32B of net debt at 1.05× EBITDA: a load its earnings can carry.

$1.32B

Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
1.05×

Net debt / EBITDA · 0.27× a year ago · the load is going up

Altman Z-score
3.09

Altman Z-score · safe zone, above 3

Interest cover
8.00×

Interest cover · operating profit covers the interest bill several times over

Details
Total debtQ1 2026
$2.98B
Cash and short-term investments
$1.67B
Net debt
$1.32B
EBITDA, trailing twelve months
$1.26B
Operating profit, trailing twelve months
$1.06B
Debt / equity
47.1×
Total debt / EBITDA
2.37×
Annualised volatilitytwo years of daily moves
46%
Worst drawdown on file
−77%
Below its 52-week high
−27%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.