International Business Machines Corporation (IBM)
NYSE: IBM · Real-Time Price · USD
214.60
+4.35 (2.07%)
At close: Nov 20, 2024, 4:00 PM
214.80
+0.20 (0.09%)
Pre-market: Nov 21, 2024, 5:39 AM EST
IBM Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Operating Revenue | 61,867 | 61,123 | 59,879 | 56,571 | 54,195 | 56,498 | Upgrade
|
| Other Revenue | 713 | 737 | 651 | 780 | 984 | 1,216 | Upgrade
|
| Revenue | 62,580 | 61,860 | 60,530 | 57,351 | 55,179 | 57,714 | Upgrade
|
| Revenue Growth (YoY) | 2.30% | 2.20% | 5.54% | 3.94% | -4.39% | -27.49% | Upgrade
|
| Cost of Revenue | 26,835 | 27,178 | 27,436 | 25,331 | 23,737 | 25,476 | Upgrade
|
| Gross Profit | 35,379 | 34,300 | 32,688 | 31,486 | 30,865 | 31,534 | Upgrade
|
| Selling, General & Admin | 19,079 | 18,482 | 25,090 | 20,027 | 20,561 | 18,724 | Upgrade
|
| Research & Development | 7,260 | 6,775 | 6,567 | 6,488 | 6,262 | 5,910 | Upgrade
|
| Other Operating Expenses | -930 | -852 | -642 | -612 | -620 | -639 | Upgrade
|
| Operating Expenses | 25,409 | 24,405 | 31,015 | 25,903 | 26,203 | 23,995 | Upgrade
|
| Operating Income | 9,970 | 9,895 | 1,673 | 5,583 | 4,662 | 7,539 | Upgrade
|
| Interest Expense | -1,693 | -1,607 | -1,216 | -1,155 | -1,288 | -1,344 | Upgrade
|
| Interest & Investment Income | 740 | 670 | 162 | 52 | - | - | Upgrade
|
| Currency Exchange Gain (Loss) | -169 | -69 | 500 | -1 | -12 | -14 | Upgrade
|
| Other Non Operating Income (Expenses) | 238 | 225 | 6,256 | 225 | -790 | 263 | Upgrade
|
| EBT Excluding Unusual Items | 9,086 | 9,114 | 7,375 | 4,704 | 2,572 | 6,444 | Upgrade
|
| Merger & Restructuring Charges | -767 | -471 | -68 | - | - | - | Upgrade
|
| Gain (Loss) on Sale of Investments | 56 | 39 | -278 | 133 | - | - | Upgrade
|
| Gain (Loss) on Sale of Assets | 600 | 8 | 21 | - | - | 762 | Upgrade
|
| Other Unusual Items | -2,725 | - | -5,894 | - | - | - | Upgrade
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| Pretax Income | 6,250 | 8,690 | 1,156 | 4,837 | 2,572 | 7,206 | Upgrade
|
| Income Tax Expense | -123 | 1,176 | -626 | 124 | -1,360 | 60 | Upgrade
|
| Earnings From Continuing Operations | 6,373 | 7,514 | 1,782 | 4,713 | 3,932 | 7,146 | Upgrade
|
| Earnings From Discontinued Operations | 24 | -12 | -143 | 1,030 | 1,658 | 2,285 | Upgrade
|
| Net Income | 6,397 | 7,502 | 1,639 | 5,743 | 5,590 | 9,431 | Upgrade
|
| Net Income to Common | 6,397 | 7,502 | 1,639 | 5,743 | 5,590 | 9,431 | Upgrade
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| Net Income Growth | -7.61% | 357.72% | -71.46% | 2.74% | -40.73% | 8.05% | Upgrade
|
| Shares Outstanding (Basic) | 919 | 911 | 903 | 896 | 890 | 887 | Upgrade
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| Shares Outstanding (Diluted) | 933 | 922 | 912 | 905 | 897 | 893 | Upgrade
|
| Shares Change (YoY) | 0.77% | 1.07% | 0.84% | 0.90% | 0.42% | -2.56% | Upgrade
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| EPS (Basic) | 6.96 | 8.23 | 1.82 | 6.41 | 6.28 | 10.63 | Upgrade
|
| EPS (Diluted) | 6.86 | 8.14 | 1.79 | 6.35 | 6.23 | 10.56 | Upgrade
|
| EPS Growth | -8.20% | 353.76% | -71.75% | 1.86% | -40.97% | 10.92% | Upgrade
|
| Free Cash Flow | 12,533 | 12,686 | 9,089 | 10,734 | 15,579 | 12,484 | Upgrade
|
| Free Cash Flow Per Share | 13.43 | 13.76 | 9.96 | 11.87 | 17.38 | 13.98 | Upgrade
|
| Dividend Per Share | 6.660 | 6.630 | 6.590 | 6.550 | 6.510 | 6.430 | Upgrade
|
| Dividend Growth | 0.60% | 0.61% | 0.61% | 0.61% | 1.24% | 3.54% | Upgrade
|
| Gross Margin | 56.53% | 55.45% | 54.00% | 54.90% | 55.94% | 54.64% | Upgrade
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| Operating Margin | 15.93% | 16.00% | 2.76% | 9.73% | 8.45% | 13.06% | Upgrade
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| Profit Margin | 10.22% | 12.13% | 2.71% | 10.01% | 10.13% | 16.34% | Upgrade
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| Free Cash Flow Margin | 20.03% | 20.51% | 15.02% | 18.72% | 28.23% | 21.63% | Upgrade
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| EBITDA | 14,676 | 14,291 | 6,475 | 12,000 | 11,357 | 13,598 | Upgrade
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| EBITDA Margin | 23.45% | 23.10% | 10.70% | 20.92% | 20.58% | 23.56% | Upgrade
|
| D&A For EBITDA | 4,706 | 4,396 | 4,802 | 6,417 | 6,695 | 6,059 | Upgrade
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| EBIT | 9,970 | 9,895 | 1,673 | 5,583 | 4,662 | 7,539 | Upgrade
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| EBIT Margin | 15.93% | 16.00% | 2.76% | 9.73% | 8.45% | 13.06% | Upgrade
|
| Effective Tax Rate | - | 13.53% | - | 2.56% | - | 0.83% | Upgrade
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| Revenue as Reported | 62,580 | 61,860 | 60,530 | 57,350 | 55,179 | 57,714 | Upgrade
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| Advertising Expenses | - | 1,237 | 1,330 | 1,413 | 1,509 | 1,509 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.