International Business Machines Corporation (FRA:IBM)

FRA:IBM Statistics

Total Valuation

FRA:IBM has a market cap or net worth of EUR 228.71 billion. The enterprise value is 273.34 billion.

Market Cap	228.71B
Enterprise Value	273.34B

Important Dates

The last earnings date was Wednesday, October 22, 2025.

Earnings Date	Oct 22, 2025
Ex-Dividend Date	Aug 8, 2025

Share Statistics

Current Share Class	931.52M
Shares Outstanding	n/a
Shares Change (YoY)	+1.77%
Shares Change (QoQ)	+0.09%
Owned by Insiders (%)	0.10%
Owned by Institutions (%)	63.90%
Float	929.39M

Valuation Ratios

The trailing PE ratio is 33.94 and the forward PE ratio is 23.23.

PE Ratio	33.94
Forward PE	23.23
PS Ratio	4.10
PB Ratio	9.59
P/TBV Ratio	n/a
P/FCF Ratio	21.51
P/OCF Ratio	19.90
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 19.38, with an EV/FCF ratio of 25.71.

EV / Earnings	40.56
EV / Sales	4.85
EV / EBITDA	19.38
EV / EBIT	26.92
EV / FCF	25.71

Financial Position

The company has a current ratio of 0.93, with a Debt / Equity ratio of 2.38.

Current Ratio	0.93
Quick Ratio	0.76
Debt / Equity	2.38
Debt / EBITDA	4.07
Debt / FCF	5.34
Interest Coverage	6.27

Financial Efficiency

Return on equity (ROE) is 30.16% and return on invested capital (ROIC) is 8.22%.

Return on Equity (ROE)	30.16%
Return on Assets (ROA)	5.25%
Return on Invested Capital (ROIC)	8.22%
Return on Capital Employed (ROCE)	10.60%
Revenue Per Employee	206,226
Profits Per Employee	24,932
Employee Count	270,300
Asset Turnover	0.47
Inventory Turnover	19.69

Taxes

In the past 12 months, FRA:IBM has paid 1.34 billion in taxes.

Income Tax	1.34B
Effective Tax Rate	16.56%

Stock Price Statistics

The stock price has increased by +14.02% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	+14.02%
50-Day Moving Average	226.43
200-Day Moving Average	229.65
Relative Strength Index (RSI)	58.09
Average Volume (20 Days)	1,047

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	3.05

Income Statement

In the last 12 months, FRA:IBM had revenue of EUR 55.74 billion and earned 6.74 billion in profits. Earnings per share was 7.13.

Revenue	55.74B
Gross Profit	32.22B
Operating Income	10.05B
Pretax Income	8.09B
Net Income	6.74B
EBITDA	12.83B
EBIT	10.05B
Earnings Per Share (EPS)	7.13

Balance Sheet

The company has 12.66 billion in cash and 56.74 billion in debt, giving a net cash position of -44.08 billion.

Cash & Cash Equivalents	12.66B
Total Debt	56.74B
Net Cash	-44.08B
Net Cash Per Share	n/a
Equity (Book Value)	23.86B
Book Value Per Share	25.47
Working Capital	-2.05B

Cash Flow

In the last 12 months, operating cash flow was 11.49 billion and capital expenditures -860.82 million, giving a free cash flow of 10.63 billion.

Operating Cash Flow	11.49B
Capital Expenditures	-860.82M
Free Cash Flow	10.63B
FCF Per Share	n/a

Margins

Gross margin is 57.81%, with operating and profit margins of 18.02% and 12.09%.

Gross Margin	57.81%
Operating Margin	18.02%
Pretax Margin	14.51%
Profit Margin	12.09%
EBITDA Margin	23.02%
EBIT Margin	18.02%
FCF Margin	19.07%

Dividends & Yields

This stock pays an annual dividend of 6.12, which amounts to a dividend yield of 2.50%.

Dividend Per Share	6.12
Dividend Yield	2.50%
Dividend Growth (YoY)	-0.98%
Years of Dividend Growth	1
Payout Ratio	78.75%
Buyback Yield	-1.77%
Shareholder Yield	0.72%
Earnings Yield	2.95%
FCF Yield	4.65%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on May 27, 1999. It was a forward split with a ratio of 2.

Last Split Date	May 27, 1999
Split Type	Forward
Split Ratio	2

Scores

FRA:IBM has an Altman Z-Score of 3.3 and a Piotroski F-Score of 5.

Altman Z-Score	3.3
Piotroski F-Score	5