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International Business Machines Corporation (IBM)

Stock Price: $108.91 USD 2.26 (2.12%)
Updated Oct 29, 2020 4:01 PM EDT - Market closed
Pre-market: $108.20 -0.71 (-0.65%) Oct 30, 7:56 AM

Income Statement (Annual)

Numbers in millions USD. Fiscal year is January-December.
Year20192018201720162015201420132012201120102009200820072006200520042003200220012000199919981997199619951994199319921991
Revenue77,14779,59179,13979,91981,74192,79398,367102,874106,91699,87095,758103,63098,78691,42491,13496,29389,13181,18683,06785,08987,54881,66778,50875,94771,94064,05262,71664,52364,766
Revenue Growth-3.07%0.57%-0.98%-2.23%-11.91%-5.67%-4.38%-3.78%7.06%4.29%-7.6%4.9%8.05%0.32%-5.36%8.04%9.79%-2.26%-2.38%-2.81%7.2%4.02%3.37%5.57%12.31%2.13%-2.8%-0.38%-
Cost of Revenue40,65942,65542,19641,40341,05746,38649,68352,51356,77853,85751,97357,96957,05753,12954,60260,72456,58450,90251,17853,51155,99450,79547,89945,40841,57338,76838,56835,06932,073
Gross Profit36,48836,93636,94338,51640,68446,40748,68450,36150,13846,01343,78545,66141,72938,29536,53235,56932,54730,28431,88931,57831,55430,87230,60930,53930,36725,28424,14829,45432,693
Selling, General & Admin20,60419,36619,68020,86920,43023,18023,45123,46323,59421,83720,95223,38622,06020,25921,31420,07918,60118,73817,04817,39316,29416,66216,63416,85416,76615,91618,28219,52621,375
Research & Development5,9895,3795,5905,7265,2475,4375,7435,8166,2586,0265,8206,3376,1536,1075,8425,8745,3144,7504,9865,0845,5055,0464,8775,0894,1704,3635,5586,5226,644
Other Operating Expenses-1,616.00126-341.00-1,038.00-1,406.00-2,680.00-1,155.00-1,917.00-1,128.00-1,941.00-1,528.00-1,451.00-1,584.00-1,666.00-3,070.00-1,192.00-930.00-873.00-1,829.00-2,654.00-2,354.00-589.000.000.001,8400.008,94511,6453,735
Operating Expenses24,97724,87124,92925,55724,27125,93728,03927,36228,72425,92225,24428,27226,62924,70024,08624,76122,98522,61520,20519,82319,44521,11921,51121,94322,77620,27932,78537,69331,754
Operating Income11,51112,06512,01412,95916,41320,47020,64522,99921,41420,09118,54117,38915,10013,59512,44610,8089,5627,66911,68411,75512,1099,7539,0988,5967,5915,005-8,637-8,239939
Interest Expense / Income1,3447236156304684844024594113684026736112782201391451452343443527137287167251,2271,2731,3601,423
Other Expense / Income5.00-5.004.008.001743,7303973950.000.001.001.000.00-76.0060.0018.0030.001,755423-2190.000.00-657-707-947-1,377-999-2,4731,661
Pretax Income10,16211,34711,39512,32115,77116,25619,84622,14521,00319,72318,13816,71514,48913,39312,16610,6519,3875,76911,02711,63011,7579,0409,0278,5877,8135,155-8,911-7,126-2,145
Income Tax7312,6195,6424492,5814,2343,3635,5415,1484,8904,7134,3814,0713,9014,2323,1722,8292,1903,3043,5374,0452,7122,9343,1583,6352,134-810-2,161716
Net Income9,4318,7285,75311,87213,19012,02216,48316,60415,85514,83313,42512,33410,4189,4927,9347,4796,5583,5797,7238,0937,7126,3286,0935,4294,1783,021-8,101-4,965-2,861
Shares Outstanding (Basic)8879129339559791,0041,0941,1431,1971,2691,3271,3691,4341,5311,6011,6751,7221,7031,7331,7631,8031,8461,9442,0702,2332,3492,328--
Shares Outstanding (Diluted)8939169379599831,0101,1031,1551,2141,2871,3411,3881,4571,5541,6281,7071,7531,7311,7711,812---------
Shares Change-2.72%-2.23%-2.36%-2.38%-2.54%-8.24%-4.2%-4.55%-5.66%-4.4%-3.08%-4.5%-6.33%-4.36%-4.44%-2.71%1.08%-1.74%-1.68%-2.2%-2.34%-5.07%-6.08%-7.3%-4.91%0.87%---
EPS (Basic)10.639.576.1712.4313.4811.9715.0614.5313.2511.6910.129.027.276.204.964.473.812.104.454.584.253.383.092.561.811.26-3.56-2.18-1.25
EPS (Diluted)10.569.526.1412.3813.4211.9014.9414.3713.0611.5210.018.897.156.114.874.383.742.064.354.444.123.293.002.511.77----
EPS Growth10.92%55.05%-50.4%-7.75%12.77%-20.35%3.97%10.03%13.37%15.08%12.6%24.34%17.02%25.46%11.19%17.11%81.55%-52.64%-2.03%7.77%25.23%9.67%19.76%41.93%-----
Free Cash Flow Per Share13.9812.6414.3813.9813.7713.0312.5313.3713.1912.2712.8310.437.766.717.096.886.065.415.232.572.721.851.492.613.003.511.92--
Dividend Per Share6.436.215.905.505.004.253.703.302.902.502.151.901.501.100.780.700.630.590.550.510.470.430.390.330.250.250.401.211.21
Dividend Growth3.54%5.25%7.27%10%17.65%14.86%12.12%13.79%16%16.28%13.16%26.67%36.36%41.03%11.43%11.11%6.78%7.27%7.84%8.51%9.3%10.82%19.38%30%0%-36.71%-67.36%0%-
Gross Margin47.3%46.4%46.7%48.2%49.8%50%49.5%49%46.9%46.1%45.7%44.1%42.2%41.9%40.1%36.9%36.5%37.3%38.4%37.1%36%37.8%39%40.2%42.2%39.5%38.5%45.6%50.5%
Operating Margin14.9%15.2%15.2%16.2%20.1%22.1%21.0%22.4%20.0%20.1%19.4%16.8%15.3%14.9%13.7%11.2%10.7%9.4%14.1%13.8%13.8%11.9%11.6%11.3%10.6%7.8%-13.8%-12.8%1.4%
Profit Margin12.2%11%7.3%14.9%16.1%13%16.8%16.1%14.8%14.9%14%11.9%10.5%10.4%8.7%7.8%7.4%4.4%9.3%9.5%8.8%7.7%7.7%7.1%5.7%4.6%-13%-7.7%-4.4%
FCF Margin16.1%14.5%16.9%16.7%16.5%14.1%13.9%14.9%14.8%15.6%17.8%13.8%11.3%11.2%12.5%12.0%11.7%11.3%10.9%5.3%5.6%4.2%3.7%7.1%9.3%12.9%7.1%0.6%-1.8%
Effective Tax Rate7.2%23.1%49.5%3.6%16.4%26.0%16.9%25.0%24.5%24.8%26.0%26.2%28.1%29.1%34.8%29.8%30.1%38.0%30.0%30.4%34.4%30.0%32.5%36.8%46.5%41.4%---
EBITDA17,56516,55016,55117,33220,09421,23224,92627,28026,22924,92223,53422,83820,30118,65417,57415,70514,44810,40715,76716,68018,69414,74514,75614,31514,14012,677-9774935,614
EBITDA Margin22.8%20.8%20.9%21.7%24.6%22.9%25.3%26.5%24.5%25%24.6%22%20.6%20.4%19.3%16.3%16.2%12.8%19%19.6%21.4%18.1%18.8%18.8%19.7%19.8%-1.6%0.8%8.7%
EBIT11,50612,07012,01012,95116,23916,74020,24822,60421,41420,09118,54017,38815,10013,67112,38610,7909,5325,91411,26111,97412,1099,7539,7559,3038,5386,382-7,638-5,766-722
EBIT Margin14.9%15.2%15.2%16.2%19.9%18.0%20.6%22.0%20.0%20.1%19.4%16.8%15.3%15.0%13.6%11.2%10.7%7.3%13.6%14.1%13.8%11.9%12.4%12.2%11.9%10.0%-12.2%-8.9%-1.1%