IT vs JKHY: Gartner and Jack Henry & Associates compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Gartner is the larger company, worth $13.7B, about 1.3 times Jack Henry & Associates.
- Jack Henry & Associates grew revenue faster over the last year (+4.7% vs -0.6%).
- Jack Henry & Associates keeps more of each dollar of revenue as operating profit (25.0% vs 17.2%).
- On earnings, Gartner is the cheaper stock (20.2x vs 20.7x).
- Jack Henry & Associates's price assumes faster free cash flow growth: about 5% a year, against -2% for Gartner (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | IT | JKHY |
|---|---|---|
| Market cap | $13.7B | $10.5B |
| Share price | $191.15 | $149.31 |
| Revenue (last fiscal year) | $6.5B | $2.5B |
| Free cash flow (last fiscal year) | $1.2B | $511M |
| Revenue growth, last year | -0.6% | +4.7% |
| Revenue growth per year, last 5 fiscal years | +8.2% | +7.0% |
| Operating margin | 17.2% | 25.0% |
| Net margin | 12.0% | 19.8% |
| Return on equity | — | 24.5% |
| P/E (trailing) | 20.2x | 20.7x |
| Price / free cash flow | 11.6x | 17.9x |
| EV / EBITDA | 11.4x | 14.9x |
| FCF growth the price implies | -2.2% | 5.4% |
| Dividend yield | — | 1.6% |
| Debt / equity | — | 0.53x |
| Fundamental grade | C | C |
| Superinvestors holding it | 6 | 3 |
| Insider purchases, last 12 months | 10 | 6 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Gartner
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $4.7B | $1.3B | 19.3% |
| 2022 | $5.5B | $993M | 20.1% |
| 2023 | $5.9B | $1.1B | 20.9% |
| 2024 | $6.3B | $1.4B | 18.4% |
| 2025 | $6.5B | $1.2B | 15.8% |
Jack Henry & Associates
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $1.9B | $322M | 24.4% |
| 2023 | $2.1B | $176M | 23.1% |
| 2024 | $2.2B | $343M | 22.1% |
| 2025 | $2.4B | $416M | 23.9% |
| 2026 | $2.5B | $511M | 25.0% |
Where the revenue comes from
Gartner · by segments, 2025
Insights$5.1B78%
Conferences$645M10%
Consulting$552M9%
Other$227M4%
Jack Henry & Associates · by segments, 2026
Payments$936M37%
Core Segment$768M30%
Complementary$752M30%
Corporate Services$88M3%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open IT in InvestinglyQuestions
Which is bigger, Gartner or Jack Henry & Associates?
Gartner (IT), at $13.7B against $10.5B.
Is IT or JKHY cheaper?
By trailing P/E, Gartner (20.2x) is cheaper than Jack Henry & Associates (20.7x). A lower multiple can also mean the market expects less growth.
Which grows faster, IT or JKHY?
Jack Henry & Associates: revenue grew +4.7% over the last year, against -0.6%.
More comparisons
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.