IBM Statistics
Total Valuation
IBM has a market cap or net worth of $239.55 billion. The enterprise value is $289.21 billion.
Important Dates
The last earnings date was Wednesday, January 28, 2026, after market close.
| Earnings Date | Jan 28, 2026 |
| Ex-Dividend Date | Feb 10, 2026 |
Share Statistics
IBM has 934.74 million shares outstanding. The number of shares has increased by 1.23% in one year.
| Current Share Class | 934.74M |
| Shares Outstanding | 934.74M |
| Shares Change (YoY) | +1.23% |
| Shares Change (QoQ) | +0.37% |
| Owned by Insiders (%) | 0.10% |
| Owned by Institutions (%) | 64.70% |
| Float | 932.69M |
Valuation Ratios
The trailing PE ratio is 22.96 and the forward PE ratio is 20.64. IBM's PEG ratio is 3.17.
| PE Ratio | 22.96 |
| Forward PE | 20.64 |
| PS Ratio | 3.54 |
| Forward PS | 3.37 |
| PB Ratio | 7.48 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 20.65 |
| P/OCF Ratio | 18.12 |
| PEG Ratio | 3.17 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 17.24, with an EV/FCF ratio of 24.98.
| EV / Earnings | 27.30 |
| EV / Sales | 4.28 |
| EV / EBITDA | 17.24 |
| EV / EBIT | 24.60 |
| EV / FCF | 24.98 |
Financial Position
The company has a current ratio of 0.96, with a Debt / Equity ratio of 1.97.
| Current Ratio | 0.96 |
| Quick Ratio | 0.80 |
| Debt / Equity | 1.97 |
| Debt / EBITDA | 3.57 |
| Debt / FCF | 5.58 |
| Interest Coverage | 6.08 |
Financial Efficiency
Return on equity (ROE) is 35.16% and return on invested capital (ROIC) is 14.46%.
| Return on Equity (ROE) | 35.16% |
| Return on Assets (ROA) | 5.08% |
| Return on Invested Capital (ROIC) | 14.46% |
| Return on Capital Employed (ROCE) | 10.38% |
| Weighted Average Cost of Capital (WACC) | 6.84% |
| Revenue Per Employee | $249,852 |
| Profits Per Employee | $39,190 |
| Employee Count | 270,300 |
| Asset Turnover | 0.47 |
| Inventory Turnover | 22.51 |
Taxes
| Income Tax | -242.00M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -2.58% in the last 52 weeks. The beta is 0.69, so IBM's price volatility has been lower than the market average.
| Beta (5Y) | 0.69 |
| 52-Week Price Change | -2.58% |
| 50-Day Moving Average | 296.62 |
| 200-Day Moving Average | 280.36 |
| Relative Strength Index (RSI) | 32.22 |
| Average Volume (20 Days) | 5,915,967 |
Short Selling Information
The latest short interest is 18.66 million, so 2.00% of the outstanding shares have been sold short.
| Short Interest | 18.66M |
| Short Previous Month | 19.61M |
| Short % of Shares Out | 2.00% |
| Short % of Float | 2.00% |
| Short Ratio (days to cover) | 4.17 |
Income Statement
In the last 12 months, IBM had revenue of $67.54 billion and earned $10.59 billion in profits. Earnings per share was $11.16.
| Revenue | 67.54B |
| Gross Profit | 39.30B |
| Operating Income | 11.76B |
| Pretax Income | 10.33B |
| Net Income | 10.59B |
| EBITDA | 16.78B |
| EBIT | 11.76B |
| Earnings Per Share (EPS) | $11.16 |
Full Income StatementBalance Sheet
The company has $14.42 billion in cash and $64.61 billion in debt, with a net cash position of -$50.19 billion or -$53.69 per share.
| Cash & Cash Equivalents | 14.42B |
| Total Debt | 64.61B |
| Net Cash | -50.19B |
| Net Cash Per Share | -$53.69 |
| Equity (Book Value) | 32.74B |
| Book Value Per Share | 34.86 |
| Working Capital | -1.71B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $13.19 billion and capital expenditures -$1.62 billion, giving a free cash flow of $11.58 billion.
| Operating Cash Flow | 13.19B |
| Capital Expenditures | -1.62B |
| Free Cash Flow | 11.58B |
| FCF Per Share | $12.38 |
Full Cash Flow StatementMargins
Gross margin is 58.19%, with operating and profit margins of 17.41% and 15.69%.
| Gross Margin | 58.19% |
| Operating Margin | 17.41% |
| Pretax Margin | 15.29% |
| Profit Margin | 15.69% |
| EBITDA Margin | 24.84% |
| EBIT Margin | 17.41% |
| FCF Margin | 17.14% |
Dividends & Yields
This stock pays an annual dividend of $6.72, which amounts to a dividend yield of 2.62%.
| Dividend Per Share | $6.72 |
| Dividend Yield | 2.62% |
| Dividend Growth (YoY) | 0.60% |
| Years of Dividend Growth | 30 |
| Payout Ratio | 60.20% |
| Buyback Yield | -1.23% |
| Shareholder Yield | 1.40% |
| Earnings Yield | 4.43% |
| FCF Yield | 4.84% |
Dividend DetailsAnalyst Forecast
The average price target for IBM is $319.71, which is 24.75% higher than the current price. The consensus rating is "Buy".
| Price Target | $319.71 |
| Price Target Difference | 24.75% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
| Revenue Growth Forecast (5Y) | 5.92% |
| EPS Growth Forecast (5Y) | 11.87% |
Stock ForecastsFair 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
IBM has an Altman Z-Score of 3.37 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.37 |
| Piotroski F-Score | 6 |
