IBM Statistics
Total Valuation
IBM has a market cap or net worth of $155.15 billion. The enterprise value is $193.87 billion.
| Market Cap | 155.15B |
| Enterprise Value | 193.87B |
Important Dates
The last earnings date was Wednesday, April 24, 2024, after market close.
| Earnings Date | Apr 24, 2024 |
| Ex-Dividend Date | May 9, 2024 |
Share Statistics
IBM has 918.60 million shares outstanding. The number of shares has increased by 1.70% in one year.
| Shares Outstanding | 918.60M |
| Shares Change (YoY) | +1.70% |
| Shares Change (QoQ) | +0.65% |
| Owned by Insiders (%) | 0.11% |
| Owned by Institutions (%) | 61.33% |
| Float | 916.64M |
Valuation Ratios
The trailing PE ratio is 19.12 and the forward PE ratio is 16.53. IBM's PEG ratio is 4.20.
| PE Ratio | 19.12 |
| Forward PE | 16.53 |
| PS Ratio | 2.50 |
| Forward PS | 2.39 |
| PB Ratio | 6.67 |
| P/FCF Ratio | 12.00 |
| PEG Ratio | 4.20 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.05, with an EV/FCF ratio of 14.99.
| EV / Earnings | 23.70 |
| EV / Sales | 3.12 |
| EV / EBITDA | 13.05 |
| EV / EBIT | 18.64 |
| EV / FCF | 14.99 |
Financial Position
The company has a current ratio of 1.13, with a Debt / Equity ratio of 2.70.
| Current Ratio | 1.13 |
| Quick Ratio | 0.96 |
| Debt / Equity | 2.70 |
| Debt / EBITDA | 4.23 |
| Debt / FCF | 4.86 |
| Interest Coverage | 6.22 |
Financial Efficiency
Return on equity (ROE) is 35.90% and return on invested capital (ROIC) is 11.29%.
| Return on Equity (ROE) | 35.90% |
| Return on Assets (ROA) | 6.10% |
| Return on Capital (ROIC) | 11.29% |
| Revenue Per Employee | $219,950 |
| Profits Per Employee | $28,987 |
| Employee Count | 282,200 |
| Asset Turnover | 0.47 |
| Inventory Turnover | 19.56 |
Taxes
In the past 12 months, IBM has paid $550.00 million in taxes.
| Income Tax | 550.00M |
| Effective Tax Rate | 6.30% |
Stock Price Statistics
The stock price has increased by +34.46% in the last 52 weeks. The beta is 0.75, so IBM's price volatility has been lower than the market average.
| Beta (1Y) | 0.75 |
| 52-Week Price Change | +34.46% |
| 50-Day Moving Average | 181.46 |
| 200-Day Moving Average | 163.88 |
| Relative Strength Index (RSI) | 39.94 |
| Average Volume (30 Days) | 4,442,306 |
Short Selling Information
The latest short interest is 20.46 million, so 2.23% of the outstanding shares have been sold short.
| Short Interest | 20.46M |
| Short Previous Month | 23.29M |
| Short % of Shares Out | 2.23% |
| Short % of Float | 2.23% |
| Short Ratio (days to cover) | 4.58 |
Income Statement
In the last 12 months, IBM had revenue of $62.07 billion and earned $8.18 billion in profits. Earnings per share was $8.84.
| Revenue | 62.07B |
| Gross Profit | 34.53B |
| Operating Income | 10.38B |
| Pretax Income | 8.73B |
| Net Income | 8.18B |
| EBITDA | 14.86B |
| EBIT | 10.40B |
| Earnings Per Share (EPS) | $8.84 |
Balance Sheet
The company has $24.15 billion in cash and $62.87 billion in debt, giving a net cash position of -$38.72 billion or -$42.15 per share.
| Cash & Cash Equivalents | 24.15B |
| Total Debt | 62.87B |
| Net Cash | -38.72B |
| Net Cash Per Share | -$42.15 |
| Equity / Book Value | 23.26B |
| Book Value Per Share | 25.32 |
| Working Capital | 4.27B |
Cash Flow
In the last 12 months, operating cash flow was $14.33 billion and capital expenditures -$1.39 billion, giving a free cash flow of $12.93 billion.
| Operating Cash Flow | 14.33B |
| Capital Expenditures | -1.39B |
| Free Cash Flow | 12.93B |
| FCF Per Share | $14.10 |
Margins
Gross margin is 55.64%, with operating and profit margins of 16.72% and 13.18%.
| Gross Margin | 55.64% |
| Operating Margin | 16.72% |
| Pretax Margin | 14.06% |
| Profit Margin | 13.18% |
| EBITDA Margin | 23.93% |
| EBIT Margin | 16.76% |
| FCF Margin | 20.83% |
Dividends & Yields
This stock pays an annual dividend of $6.68, which amounts to a dividend yield of 3.95%.
| Dividend Per Share | $6.68 |
| Dividend Yield | 3.95% |
| Dividend Growth (YoY) | 0.61% |
| Years of Dividend Growth | 28 |
| Payout Ratio | 75.57% |
| Buyback Yield | -1.70% |
| Shareholder Yield | 2.25% |
| Earnings Yield | 5.27% |
| FCF Yield | 8.34% |
Analyst Forecast
The average price target for IBM is $177.14, which is 4.80% higher than the current price. The consensus rating is "Hold".
| Price Target | $177.14 |
| Price Target Difference | 4.80% |
| Analyst Consensus | Hold |
| Analyst Count | 14 |
| Revenue Growth Forecast (5Y) | 4.20% |
| EPS Growth Forecast (5Y) | 9.17% |
Stock Splits
The last stock split was on November 4, 2021. It was a forward split with a ratio of 1046:1000.
| Last Split Date | Nov 4, 2021 |
| Split Type | Forward |
| Split Ratio | 1046:1000 |
Scores
IBM has an Altman Z-Score of 3.1 and a Piotroski F-Score of 5.
| Altman Z-Score | 3.1 |
| Piotroski F-Score | 5 |