International Business Machines Corporation (FRA:IBM)

FRA:IBM Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 29, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	241,301	235,817	196,333	135,108	119,192	105,398
Market Cap Growth	22.03%	20.11%	45.31%	13.35%	13.09%	14.94%
Enterprise Value	283,625	279,934	241,254	178,192	160,669	150,288
Last Close Price	257.20	259.80	208.37	139.33	118.11	100.40
PE Ratio	26.75	26.14	33.75	19.91	77.72	20.87
PS Ratio	4.20	4.10	3.24	2.41	2.10	2.09
PB Ratio	8.65	8.46	7.42	6.60	5.79	6.31
P/FCF Ratio	24.47	23.92	16.40	11.77	14.02	11.17
P/OCF Ratio	21.47	20.99	15.12	10.72	12.21	9.37
EV/Sales Ratio	4.99	4.87	3.98	3.18	2.84	2.98
EV/EBITDA Ratio	18.63	19.59	19.38	15.46	15.94	15.11
EV/EBIT Ratio	28.66	27.96	25.52	19.89	22.83	30.61
EV/FCF Ratio	28.77	28.39	20.15	15.53	18.89	15.92
Debt / Equity Ratio	1.97	1.97	2.13	2.65	2.45	2.90
Debt / EBITDA Ratio	3.57	3.57	4.11	4.27	4.49	4.33
Debt / FCF Ratio	5.58	5.58	4.71	4.72	5.94	5.14
Asset Turnover	0.47	0.47	0.46	0.47	0.47	0.40
Inventory Turnover	22.51	22.51	21.90	20.04	17.14	14.64
Quick Ratio	0.80	0.80	0.88	0.82	0.74	0.68
Current Ratio	0.96	0.96	1.04	0.96	0.92	0.88
Return on Equity (ROE)	35.16%	35.16%	24.06%	33.67%	8.69%	23.73%
Return on Assets (ROA)	5.08%	5.08%	4.49%	4.72%	3.63%	2.42%
Return on Invested Capital (ROIC)	14.46%	15.26%	13.95%	12.55%	11.21%	7.83%
Return on Capital Employed (ROCE)	10.40%	10.40%	9.40%	9.80%	7.90%	5.70%
Earnings Yield	3.74%	3.83%	2.96%	5.02%	1.29%	4.79%
FCF Yield	4.09%	4.18%	6.10%	8.49%	7.13%	8.96%
Dividend Yield	2.32%	2.20%	3.09%	4.30%	5.22%	5.74%
Payout Ratio	63.11%	59.05%	102.06%	80.51%	362.90%	102.19%
Buyback Yield / Dilution	-1.23%	-1.23%	-1.64%	-1.07%	-0.84%	-0.90%
Total Shareholder Return	1.09%	0.97%	1.46%	3.23%	4.38%	4.83%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.