TSX:IBM Ratios and Metrics

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 25, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	309,483	379,633	292,465	197,224	172,402	151,690
Market Cap Growth	-6.23%	29.80%	48.29%	14.40%	13.65%	6.13%
Enterprise Value	378,275	450,655	359,380	260,115	232,396	216,295
Last Close Price	36.05	44.04	32.67	23.81	20.75	20.04
PE Ratio	21.31	26.14	33.75	19.91	77.72	20.87
PS Ratio	3.34	4.10	3.24	2.41	2.10	2.09
PB Ratio	6.89	8.46	7.42	6.60	5.79	6.31
P/FCF Ratio	19.50	23.92	16.40	11.77	14.02	11.17
P/OCF Ratio	17.11	20.99	15.12	10.72	12.21	9.37
EV/Sales Ratio	4.09	4.87	3.98	3.18	2.84	2.98
EV/EBITDA Ratio	15.29	19.59	19.38	15.46	15.94	15.11
EV/EBIT Ratio	23.52	27.96	25.52	19.89	22.83	30.61
EV/FCF Ratio	23.83	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
Net Debt / Equity Ratio	1.53	1.53	1.60	2.06	2.06	2.52
Net Debt / EBITDA Ratio	2.99	2.99	3.40	3.65	4.20	4.24
Net Debt / FCF Ratio	4.34	4.34	3.53	3.67	4.98	4.46
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	4.69%	3.83%	2.96%	5.02%	1.29%	4.79%
FCF Yield	5.13%	4.18%	6.10%	8.49%	7.13%	8.96%
Dividend Yield	2.81%	20.89%	29.37%	36.77%	42.98%	41.37%
Payout Ratio	59.05%	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	1.58%	19.66%	27.74%	35.70%	42.14%	40.46%

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