IBM Statistics
Total Valuation
IBM has a market cap or net worth of $236.91 billion. The enterprise value is $292.99 billion.
| Market Cap | 236.91B |
| Enterprise Value | 292.99B |
Important Dates
The last earnings date was Wednesday, October 21, 2026, after market close.
| Earnings Date | Oct 21, 2026 |
| Ex-Dividend Date | Aug 10, 2026 |
Share Statistics
IBM has 942.13 million shares outstanding. The number of shares has increased by 0.71% in one year.
| Current Share Class | 942.13M |
| Shares Outstanding | 942.13M |
| Shares Change (YoY) | +0.71% |
| Shares Change (QoQ) | +0.02% |
| Owned by Insiders (%) | 0.09% |
| Owned by Institutions (%) | 66.24% |
| Float | 940.19M |
Valuation Ratios
The trailing PE ratio is 21.45 and the forward PE ratio is 19.52. IBM's PEG ratio is 2.91.
| PE Ratio | 21.45 |
| Forward PE | 19.52 |
| PS Ratio | 3.39 |
| Forward PS | 3.31 |
| PB Ratio | 6.88 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 16.16 |
| P/OCF Ratio | 14.96 |
| PEG Ratio | 2.91 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 17.54, with an EV/FCF ratio of 19.99.
| EV / Earnings | 26.23 |
| EV / Sales | 4.19 |
| EV / EBITDA | 17.54 |
| EV / EBIT | 22.76 |
| EV / FCF | 19.99 |
Financial Position
The company has a current ratio of 0.85, with a Debt / Equity ratio of 1.85.
| Current Ratio | 0.85 |
| Quick Ratio | 0.66 |
| Debt / Equity | 1.85 |
| Debt / EBITDA | 3.73 |
| Debt / FCF | 4.58 |
| Interest Coverage | 6.67 |
Financial Efficiency
Return on equity (ROE) is 34.77% and return on invested capital (ROIC) is 14.00%.
| Return on Equity (ROE) | 34.77% |
| Return on Assets (ROA) | 5.34% |
| Return on Invested Capital (ROIC) | 14.00% |
| Return on Capital Employed (ROCE) | 10.86% |
| Weighted Average Cost of Capital (WACC) | 6.92% |
| Revenue Per Employee | $264,351 |
| Profits Per Employee | $42,266 |
| Employee Count | 264,300 |
| Asset Turnover | 0.46 |
| Inventory Turnover | 17.34 |
Taxes
| Income Tax | -653.00M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -11.35% in the last 52 weeks. The beta is 0.72, so IBM's price volatility has been lower than the market average.
| Beta (5Y) | 0.72 |
| 52-Week Price Change | -11.35% |
| 50-Day Moving Average | 232.39 |
| 200-Day Moving Average | 250.92 |
| Relative Strength Index (RSI) | 69.87 |
| Average Volume (20 Days) | 5,273,791 |
Short Selling Information
The latest short interest is 24.16 million, so 2.56% of the outstanding shares have been sold short.
| Short Interest | 24.16M |
| Short Previous Month | 22.02M |
| Short % of Shares Out | 2.56% |
| Short % of Float | 2.57% |
| Short Ratio (days to cover) | 4.42 |
Income Statement
In the last 12 months, IBM had revenue of $69.87 billion and earned $11.17 billion in profits. Earnings per share was $11.72.
| Revenue | 69.87B |
| Gross Profit | 40.50B |
| Operating Income | 12.87B |
| Pretax Income | 10.51B |
| Net Income | 11.17B |
| EBITDA | 16.70B |
| EBIT | 12.87B |
| Earnings Per Share (EPS) | $11.72 |
Balance Sheet
The company has $11.06 billion in cash and $67.14 billion in debt, with a net cash position of -$56.08 billion or -$59.53 per share.
| Cash & Cash Equivalents | 11.06B |
| Total Debt | 67.14B |
| Net Cash | -56.08B |
| Net Cash Per Share | -$59.53 |
| Equity (Book Value) | 36.21B |
| Book Value Per Share | 37.63 |
| Working Capital | -5.29B |
Cash Flow
In the last 12 months, operating cash flow was $15.83 billion and capital expenditures -$1.18 billion, giving a free cash flow of $14.66 billion.
| Operating Cash Flow | 15.83B |
| Capital Expenditures | -1.18B |
| Depreciation & Amortization | 3.83B |
| Net Borrowing | 347.00M |
| Free Cash Flow | 14.66B |
| FCF Per Share | $15.56 |
Margins
Gross margin is 57.96%, with operating and profit margins of 18.43% and 15.99%.
| Gross Margin | 57.96% |
| Operating Margin | 18.43% |
| Pretax Margin | 15.04% |
| Profit Margin | 15.99% |
| EBITDA Margin | 23.90% |
| EBIT Margin | 18.43% |
| FCF Margin | 20.98% |
Dividends & Yields
This stock pays an annual dividend of $6.76, which amounts to a dividend yield of 2.69%.
| Dividend Per Share | $6.76 |
| Dividend Yield | 2.69% |
| Dividend Growth (YoY) | 0.60% |
| Years of Dividend Growth | 30 |
| Payout Ratio | 59.99% |
| FCF Payout Ratio | 46.18% |
| Buyback Yield | -0.71% |
| Shareholder Yield | 1.98% |
| Earnings Yield | 4.66% |
| FCF Yield | 6.19% |
Analyst Forecast
The average price target for IBM is $242.65, which is -3.50% lower than the current price. The consensus rating is "Buy".
| Price Target | $242.65 |
| Price Target Difference | -3.50% |
| Analyst Consensus | Buy |
| Analyst Count | 25 |
| Revenue Growth Forecast (3Y) | 4.43% |
| EPS Growth Forecast (3Y) | 7.36% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
Stock Splits
The last stock split was on May 27, 1999. It was a forward split with a ratio of 2:1.
| Last Split Date | May 27, 1999 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |