International Business Machines Corporation (IBM)

NYSE: IBM · Real-Time Price · USD

229.76

+0.14 (0.06%)

At close: May 8, 2026, 4:00 PM EDT

229.59

-0.17 (-0.07%)

After-hours: May 8, 2026, 7:58 PM EDT

IBM Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Quarter	Current	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	May '26 May 8, 2026	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Jun '24 Jun 30, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Jun '23 Jun 30, 2023	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022	Jun '22 Jun 30, 2022	Mar '22 Mar 31, 2022	Dec '21 Dec 31, 2021	Sep '21 Sep 30, 2021
Market Cap	215,948	227,819	277,535	263,745	274,593	231,104	203,626	204,421	159,313	175,416	149,650	128,111	121,902	119,154	127,659	107,419	127,520	116,945	120,157	119,005
Market Cap Growth	-21.36%	-1.42%	36.30%	29.02%	72.36%	31.75%	36.07%	59.57%	30.69%	47.22%	17.23%	19.26%	-4.41%	1.89%	6.24%	-9.74%	1.61%	2.82%	11.95%	14.92%
Enterprise Value	273,967	285,121	327,018	314,737	326,124	279,748	246,749	250,137	204,776	218,460	195,404	174,926	165,136	162,635	172,137	150,903	172,520	163,116	167,168	168,772
Last Close Price	229.76	242.39	296.21	282.16	294.78	248.66	219.83	221.08	172.95	190.96	163.55	140.30	133.81	131.09	140.89	118.81	141.19	130.02	133.66	132.70
PE Ratio	20.35	21.43	26.57	33.75	47.70	42.65	34.19	32.09	19.07	21.63	20.14	18.63	62.24	66.88	83.86	92.10	23.18	21.53	20.98	24.99
Forward PE	18.21	19.58	24.50	24.17	26.39	23.20	21.12	21.86	17.65	18.91	16.60	14.53	13.92	13.70	14.63	12.09	13.87	12.97	12.81	12.03
PEG Ratio	2.93	2.96	3.15	3.38	3.82	3.10	4.80	4.40	3.84	3.73	3.08	2.81	2.12	3.35	1.77	1.35	1.07	0.78	1.86	1.07
PS Ratio	3.13	3.31	4.11	4.03	4.29	3.68	3.24	3.27	2.55	2.83	2.41	2.08	2.00	1.96	2.11	2.28	2.76	2.60	2.74	1.95
PB Ratio	6.55	6.91	8.50	9.45	9.98	8.60	7.46	8.36	6.63	7.54	6.64	5.55	5.49	5.52	5.82	5.35	6.57	6.14	6.36	5.35
P/TBV Ratio	6.62	7.00	8.64	9.60	10.16	8.75	7.59	8.35	6.73	7.66	6.73	5.62	5.54	5.57	5.82	5.35	6.63	6.21	6.41	5.41
P/FCF Ratio	16.72	17.64	22.93	21.15	22.44	18.35	16.43	16.31	12.53	13.35	11.80	10.61	11.20	12.42	14.05	14.08	15.56	12.60	11.19	8.61
P/OCF Ratio	15.43	16.28	21.04	19.56	20.67	16.93	15.15	15.06	11.58	12.25	10.74	9.54	9.93	10.87	12.23	11.92	12.98	10.51	9.39	7.39
EV/Sales Ratio	3.98	4.14	4.84	4.81	5.09	4.45	3.93	4.00	3.28	3.52	3.14	2.85	2.72	2.67	2.84	3.20	3.73	3.63	3.81	2.77
EV/EBITDA Ratio	16.49	16.17	18.92	19.42	25.28	22.69	20.27	19.78	13.53	14.73	13.13	12.21	20.89	21.20	23.99	29.61	15.79	15.48	15.86	15.12
EV/EBIT Ratio	21.13	22.79	26.66	27.68	40.38	36.73	32.86	31.50	19.32	21.05	18.64	17.59	47.80	53.31	72.57	2958.89	32.19	35.98	40.55	38.15
EV/FCF Ratio	21.22	22.08	27.02	25.24	26.65	22.21	19.90	19.96	16.11	16.62	15.40	14.48	15.17	16.95	18.94	19.79	21.04	17.58	15.57	12.21
Debt / Equity Ratio	2.09	2.09	1.95	2.35	2.42	2.45	2.10	2.42	2.45	2.66	2.61	2.49	2.67	2.81	2.41	2.63	2.70	2.96	2.85	2.58
Debt / EBITDA Ratio	3.96	22.27	10.92	15.83	15.49	23.96	12.06	67.18	15.74	23.85	11.28	17.33	17.23	22.95	11.34	-17.69	16.35	26.28	20.54	21.16
Debt / FCF Ratio	5.41	14.14	17.66	23.55	45.42	16.20	14.50	23.17	32.42	16.00	14.40	21.09	26.52	17.75	15.19	33.98	54.35	19.40	26.33	27.37
Net Debt / Equity Ratio	1.76	1.76	1.54	1.85	1.90	1.84	1.60	1.90	1.92	1.88	2.06	2.06	1.98	2.05	2.06	2.20	2.36	2.47	2.53	2.29
Net Debt / EBITDA Ratio	3.29	18.51	8.48	12.30	11.96	17.70	9.05	51.87	12.14	16.60	8.75	14.08	12.57	16.48	9.51	-14.54	14.03	21.49	17.84	18.27
Net Debt / FCF Ratio	4.49	11.75	13.72	18.29	35.06	11.97	10.88	17.89	25.00	11.14	11.17	17.13	19.35	12.75	12.73	27.94	46.66	15.86	22.87	23.63
Asset Turnover	0.11	0.11	0.14	0.12	0.12	0.10	0.13	0.11	0.12	0.11	0.13	0.12	0.12	0.11	0.13	0.10	0.11	0.10	0.02	0.09
Inventory Turnover	25.61	5.38	7.59	5.04	5.63	4.93	6.71	4.73	4.99	4.77	5.24	4.21	4.38	3.85	5.43	3.62	4.15	3.81	-1.99	3.20
Quick Ratio	0.54	0.54	0.67	0.78	0.77	0.85	0.74	0.89	0.88	0.97	0.82	0.74	0.90	0.99	0.76	0.74	0.68	0.72	0.68	0.43
Current Ratio	0.80	0.80	0.96	0.93	0.91	1.01	1.04	1.06	1.12	1.13	0.96	0.91	1.06	1.16	0.92	0.95	0.88	0.92	0.88	0.84
Return on Equity (ROE)	4.05%	4.05%	18.56%	6.64%	8.49%	4.19%	11.71%	-1.33%	7.89%	7.00%	14.72%	7.92%	7.57%	5.17%	13.99%	-15.12%	7.05%	3.26%	6.55%	4.75%
Return on Assets (ROA)	1.08%	1.08%	4.31%	1.49%	1.86%	1.04%	2.42%	-0.11%	1.64%	1.63%	2.77%	1.64%	1.47%	1.10%	2.42%	-2.22%	1.25%	0.70%	1.11%	0.94%
Return on Invested Capital (ROIC)	1.27%	1.27%	5.11%	1.76%	2.19%	1.27%	2.88%	-0.13%	1.96%	2.00%	3.23%	1.89%	1.73%	1.30%	2.75%	-2.53%	1.41%	0.81%	1.27%	1.09%
Return on Capital Employed (ROCE)	1.64%	1.64%	4.25%	2.70%	2.89%	1.50%	3.64%	-0.37%	2.60%	1.45%	4.23%	2.35%	2.48%	1.60%	3.73%	-4.13%	1.96%	0.88%	1.22%	0.98%
Earnings Yield	4.98%	4.67%	3.76%	2.96%	2.10%	2.34%	2.92%	3.12%	5.24%	4.62%	4.96%	5.37%	1.61%	1.50%	1.19%	1.09%	4.31%	4.65%	4.77%	4.00%
FCF Yield	5.98%	5.67%	4.36%	4.73%	4.46%	5.45%	6.09%	6.13%	7.98%	7.49%	8.48%	9.43%	8.93%	8.05%	7.12%	7.10%	6.43%	7.94%	8.93%	11.61%
Dividend Yield	2.94%	0.69%	0.57%	0.60%	0.57%	0.67%	0.76%	0.76%	0.97%	0.87%	1.01%	1.18%	1.24%	1.26%	1.16%	1.39%	1.17%	1.26%	1.23%	1.24%
Payout Ratio	59.50%	129.60%	28.11%	89.97%	71.24%	146.83%	53.05%	-467.58%	83.75%	94.83%	46.17%	88.91%	95.39%	141.90%	55.13%	-46.65%	106.90%	201.23%	63.18%	130.18%
Buyback Yield / Dilution	-1.09%	-0.71%	-1.06%	-2.75%	-1.45%	-1.28%	-1.63%	0.01%	-1.63%	-1.70%	-2.37%	-2.17%	-0.96%	-0.95%	0.09%	0.21%	-0.72%	-0.83%	-0.22%	-0.97%
Total Shareholder Return	1.86%	-0.02%	-0.49%	-2.15%	-0.88%	-0.61%	-0.87%	0.77%	-0.66%	-0.83%	-1.36%	-0.98%	0.28%	0.31%	1.25%	1.60%	0.45%	0.43%	1.01%	0.27%

Updated Apr 23, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q