International Business Machines Corporation (IBM)
NYSE: IBM · Real-Time Price · USD
246.74
-1.42 (-0.57%)
At close: Apr 6, 2026, 4:00 PM EDT
246.40
-0.34 (-0.14%)
After-hours: Apr 6, 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 | 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 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Apr '26 Apr 6, 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 | Jun '21 Jun 30, 2021 |
| 231,543 | 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 | 125,503 | |
Market Cap Growth | 0.19% | 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% | 14.93% | 22.15% |
Enterprise Value | 281,733 | 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 | 176,133 |
Last Close Price | 246.74 | 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 | 140.02 |
PE Ratio | 22.15 | 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 | 23.53 |
Forward PE | 19.93 | 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 | 12.96 |
PEG Ratio | 3.01 | 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 | 1.17 |
PS Ratio | 3.43 | 4.11 | 4.03 | 4.29 | 3.68 | 3.24 | 3.27 | 2.55 | 2.83 | 2.42 | 2.09 | 2.01 | 1.97 | 2.11 | 2.28 | 2.76 | 2.60 | 2.74 | 1.95 | 1.92 |
PB Ratio | 7.08 | 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 | 5.72 |
P/TBV Ratio | 7.17 | 8.61 | 9.57 | 10.07 | 8.66 | 7.52 | 8.41 | 6.69 | 7.60 | 6.69 | 5.57 | 5.50 | 5.52 | 5.83 | 5.37 | 6.61 | 6.19 | 6.40 | 5.40 | 5.76 |
P/FCF Ratio | 19.13 | 25.57 | 23.24 | 23.64 | 19.47 | 17.44 | 17.13 | 13.26 | 13.66 | 12.08 | 11.06 | 11.73 | 13.10 | 14.86 | 15.07 | 16.57 | 13.32 | 11.74 | 9.12 | 8.69 |
P/OCF Ratio | 17.55 | 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 | 7.10 |
EV/Sales Ratio | 4.17 | 4.84 | 4.81 | 5.09 | 4.45 | 3.93 | 4.00 | 3.28 | 3.52 | 3.16 | 2.86 | 2.73 | 2.68 | 2.84 | 3.20 | 3.73 | 3.63 | 3.81 | 2.77 | 2.70 |
EV/EBITDA Ratio | 17.48 | 15.44 | 15.80 | 19.63 | 17.55 | 15.63 | 15.30 | 11.68 | 13.63 | 12.30 | 11.48 | 18.72 | 18.95 | 20.80 | 23.23 | 14.00 | 13.67 | 14.00 | 13.13 | 12.67 |
EV/EBIT Ratio | 22.42 | 26.66 | 27.68 | 40.38 | 36.73 | 32.86 | 31.50 | 19.32 | 21.05 | 18.98 | 17.92 | 50.53 | 56.79 | 72.57 | 2958.89 | 32.19 | 35.98 | 40.55 | 38.15 | 32.20 |
EV/FCF Ratio | 23.28 | 30.13 | 27.73 | 28.07 | 23.56 | 21.13 | 20.96 | 17.05 | 17.01 | 15.78 | 15.11 | 15.90 | 17.88 | 20.04 | 21.17 | 22.41 | 18.58 | 16.33 | 12.94 | 12.19 |
Debt / Equity Ratio | 1.95 | 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 | 2.65 |
Debt / EBITDA Ratio | 3.05 | 3.05 | 3.34 | 4.08 | 4.19 | 3.70 | 3.68 | 3.41 | 3.92 | 3.77 | 3.84 | 6.84 | 7.19 | 6.53 | 8.29 | 4.33 | 4.82 | 4.62 | 4.59 | 4.30 |
Debt / FCF Ratio | 5.95 | 5.95 | 5.87 | 5.83 | 5.63 | 5.00 | 5.04 | 4.98 | 4.90 | 4.84 | 5.05 | 5.81 | 6.78 | 6.29 | 7.55 | 6.93 | 6.55 | 5.39 | 4.52 | 4.14 |
Net Debt / Equity Ratio | 1.54 | 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 | 2.36 |
Net Debt / EBITDA Ratio | 2.37 | 2.37 | 2.60 | 3.15 | 3.10 | 2.78 | 2.84 | 2.63 | 2.73 | 2.93 | 3.12 | 4.99 | 5.16 | 5.47 | 6.81 | 3.72 | 3.94 | 4.01 | 3.96 | 3.73 |
Net Debt / FCF Ratio | 4.63 | 4.63 | 4.56 | 4.50 | 4.16 | 3.75 | 3.89 | 3.84 | 3.41 | 3.75 | 4.11 | 4.24 | 4.87 | 5.27 | 6.21 | 5.95 | 5.36 | 4.68 | 3.91 | 3.59 |
Asset Turnover | 0.47 | 0.47 | 0.46 | 0.45 | 0.44 | 0.46 | 0.46 | 0.46 | 0.46 | 0.47 | 0.48 | 0.47 | 0.46 | 0.47 | 0.37 | 0.36 | 0.34 | 0.30 | 0.41 | 0.43 |
Inventory Turnover | 27.64 | 27.64 | 23.43 | 24.59 | 22.59 | 25.66 | 21.52 | 22.87 | 23.21 | 20.32 | 18.64 | 17.98 | 17.57 | 21.41 | 12.62 | 12.74 | 11.70 | 11.06 | 15.40 | 17.41 |
Quick Ratio | 0.67 | 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 | 0.43 |
Current Ratio | 0.96 | 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 | 0.84 |
Return on Equity (ROE) | 35.16% | 35.16% | 28.59% | 21.31% | 20.22% | 24.06% | 27.04% | 35.98% | 35.50% | 33.67% | 31.43% | 9.80% | 9.41% | 8.69% | 1.09% | 23.21% | 20.00% | 17.88% | 16.31% | 19.51% |
Return on Assets (ROA) | 8.68% | 8.68% | 6.69% | 5.29% | 5.03% | 5.72% | 6.01% | 7.42% | 7.14% | 6.78% | 6.55% | 2.92% | 2.83% | 2.82% | -0.01% | 4.37% | 3.82% | 3.36% | 3.18% | 3.53% |
Return on Invested Capital (ROIC) | 10.31% | 10.31% | 7.94% | 6.28% | 6.03% | 6.80% | 7.10% | 8.77% | 8.62% | 7.91% | 7.55% | 3.45% | 3.35% | 3.20% | -0.01% | 4.92% | 4.33% | 3.83% | 3.63% | 4.02% |
Return on Capital Employed (ROCE) | 11.29% | 11.29% | 10.57% | 7.52% | 7.10% | 7.32% | 7.69% | 10.32% | 10.08% | 10.46% | 10.04% | 3.34% | 2.89% | 2.44% | 0.05% | 5.52% | 4.59% | 3.84% | 3.94% | 4.83% |
Earnings Yield | 4.57% | 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% | 4.25% |
FCF Yield | 5.23% | 3.91% | 4.30% | 4.23% | 5.14% | 5.73% | 5.84% | 7.54% | 7.32% | 8.28% | 9.04% | 8.52% | 7.63% | 6.73% | 6.63% | 6.04% | 7.51% | 8.52% | 10.96% | 11.51% |
Dividend Yield | 2.71% | 3.41% | 3.57% | 3.38% | 4.01% | 4.54% | 4.49% | 4.79% | 4.34% | 5.06% | 5.88% | 6.16% | 6.28% | 5.84% | 5.54% | 4.65% | 5.05% | 4.90% | 6.15% | 5.83% |
Payout Ratio | 60.20% | 89.00% | 118.54% | 158.53% | 168.46% | 152.63% | 142.55% | 90.04% | 92.48% | 100.51% | 108.55% | 370.16% | 407.53% | 454.42% | 469.73% | 105.73% | 106.63% | 102.19% | 153.25% | 136.60% |
Buyback Yield / Dilution | -1.23% | -1.63% | -1.77% | -1.09% | -1.13% | -1.23% | -1.42% | -1.96% | -1.80% | -1.61% | -0.99% | -0.40% | -0.34% | -0.31% | -0.39% | -0.68% | -0.77% | -0.75% | -1.10% | -1.00% |
Total Shareholder Return | 1.48% | 1.78% | 1.80% | 2.29% | 2.88% | 3.30% | 3.07% | 2.83% | 2.54% | 3.45% | 4.88% | 5.75% | 5.94% | 5.53% | 5.15% | 3.97% | 4.28% | 4.15% | 5.06% | 4.83% |
Updated Jan 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.