IBM Statistics
Total Valuation
IBM has a market cap or net worth of $257.40 billion. The enterprise value is $306.77 billion.
| Market Cap | 257.40B |
| Enterprise Value | 306.77B |
Important Dates
The next confirmed earnings date is Wednesday, July 23, 2025, after market close.
| Earnings Date | Jul 23, 2025 |
| Ex-Dividend Date | May 9, 2025 |
Share Statistics
IBM has 909.40 million shares outstanding. The number of shares has increased by 1.53% in one year.
| Current Share Class | 909.40M |
| Shares Outstanding | 909.40M |
| Shares Change (YoY) | +1.53% |
| Shares Change (QoQ) | +0.31% |
| Owned by Insiders (%) | 0.11% |
| Owned by Institutions (%) | 66.11% |
| Float | 907.41M |
Valuation Ratios
The trailing PE ratio is 48.59 and the forward PE ratio is 25.34. IBM's PEG ratio is 3.67.
| PE Ratio | 48.59 |
| Forward PE | 25.34 |
| PS Ratio | 4.16 |
| Forward PS | 3.80 |
| PB Ratio | 9.79 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 20.44 |
| P/OCF Ratio | 18.86 |
| PEG Ratio | 3.67 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 21.99, with an EV/FCF ratio of 24.36.
| EV / Earnings | 56.05 |
| EV / Sales | 4.88 |
| EV / EBITDA | 21.99 |
| EV / EBIT | 30.33 |
| EV / FCF | 24.36 |
Financial Position
The company has a current ratio of 1.01, with a Debt / Equity ratio of 2.48.
| Current Ratio | 1.01 |
| Quick Ratio | 0.85 |
| Debt / Equity | 2.48 |
| Debt / EBITDA | 4.38 |
| Debt / FCF | 5.31 |
| Interest Coverage | 5.83 |
Financial Efficiency
Return on equity (ROE) is 21.85% and return on invested capital (ROIC) is 7.02%.
| Return on Equity (ROE) | 21.85% |
| Return on Assets (ROA) | 4.47% |
| Return on Invested Capital (ROIC) | 7.02% |
| Return on Capital Employed (ROCE) | 9.15% |
| Revenue Per Employee | $232,453 |
| Profits Per Employee | $20,248 |
| Employee Count | 270,300 |
| Asset Turnover | 0.44 |
| Inventory Turnover | 20.14 |
Taxes
In the past 12 months, IBM has paid $387.00 million in taxes.
| Income Tax | 387.00M |
| Effective Tax Rate | 6.58% |
Stock Price Statistics
The stock price has increased by +67.28% in the last 52 weeks. The beta is 0.65, so IBM's price volatility has been lower than the market average.
| Beta (5Y) | 0.65 |
| 52-Week Price Change | +67.28% |
| 50-Day Moving Average | 253.75 |
| 200-Day Moving Average | 236.25 |
| Relative Strength Index (RSI) | 71.29 |
| Average Volume (20 Days) | 3,504,833 |
Short Selling Information
The latest short interest is 19.78 million, so 2.17% of the outstanding shares have been sold short.
| Short Interest | 19.78M |
| Short Previous Month | 20.55M |
| Short % of Shares Out | 2.17% |
| Short % of Float | 2.18% |
| Short Ratio (days to cover) | 5.22 |
Income Statement
In the last 12 months, IBM had revenue of $62.83 billion and earned $5.47 billion in profits. Earnings per share was $5.83.
| Revenue | 62.83B |
| Gross Profit | 35.84B |
| Operating Income | 10.11B |
| Pretax Income | n/a |
| Net Income | 5.47B |
| EBITDA | 13.95B |
| EBIT | 10.11B |
| Earnings Per Share (EPS) | $5.83 |
Balance Sheet
The company has $17.47 billion in cash and $66.84 billion in debt, giving a net cash position of -$49.37 billion or -$54.29 per share.
| Cash & Cash Equivalents | 17.47B |
| Total Debt | 66.84B |
| Net Cash | -49.37B |
| Net Cash Per Share | -$54.29 |
| Equity (Book Value) | 26.95B |
| Book Value Per Share | 28.92 |
| Working Capital | 230.00M |
Cash Flow
In the last 12 months, operating cash flow was $13.65 billion and capital expenditures -$1.05 billion, giving a free cash flow of $12.59 billion.
| Operating Cash Flow | 13.65B |
| Capital Expenditures | -1.05B |
| Free Cash Flow | 12.59B |
| FCF Per Share | $13.85 |
Margins
Gross margin is 57.04%, with operating and profit margins of 16.10% and 8.71%.
| Gross Margin | 57.04% |
| Operating Margin | 16.10% |
| Pretax Margin | 9.36% |
| Profit Margin | 8.71% |
| EBITDA Margin | 22.20% |
| EBIT Margin | 16.10% |
| FCF Margin | 20.04% |
Dividends & Yields
This stock pays an annual dividend of $6.72, which amounts to a dividend yield of 2.37%.
| Dividend Per Share | $6.72 |
| Dividend Yield | 2.37% |
| Dividend Growth (YoY) | 0.60% |
| Years of Dividend Growth | 29 |
| Payout Ratio | 115.35% |
| Buyback Yield | -1.53% |
| Shareholder Yield | 0.84% |
| Earnings Yield | 2.13% |
| FCF Yield | 4.89% |
Analyst Forecast
The average price target for IBM is $256.29, which is -9.45% lower than the current price. The consensus rating is "Buy".
| Price Target | $256.29 |
| Price Target Difference | -9.45% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
| Revenue Growth Forecast (5Y) | 4.90% |
| EPS Growth Forecast (5Y) | 16.88% |
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
IBM has an Altman Z-Score of 3.08 and a Piotroski F-Score of 5.
| Altman Z-Score | 3.08 |
| Piotroski F-Score | 5 |