IBM Statistics
Total Valuation
IBM has a market cap or net worth of $244.79 billion. The enterprise value is $288.60 billion.
Important Dates
The last earnings date was Wednesday, January 29, 2025, after market close.
| Earnings Date | Jan 29, 2025 |
| Ex-Dividend Date | Feb 10, 2025 |
Share Statistics
IBM has 924.65 million shares outstanding. The number of shares has increased by 1.64% in one year.
| Current Share Class | 924.65M |
| Shares Outstanding | 924.65M |
| Shares Change (YoY) | +1.64% |
| Shares Change (QoQ) | +2.04% |
| Owned by Insiders (%) | 0.11% |
| Owned by Institutions (%) | 63.46% |
| Float | 922.60M |
Valuation Ratios
The trailing PE ratio is 41.18 and the forward PE ratio is 24.69. IBM's PEG ratio is 3.30.
| PE Ratio | 41.18 |
| Forward PE | 24.69 |
| PS Ratio | 3.89 |
| Forward PS | 3.74 |
| PB Ratio | 8.98 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 20.54 |
| P/OCF Ratio | 18.21 |
| PEG Ratio | 3.30 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 21.06, with an EV/FCF ratio of 24.22.
| EV / Earnings | 47.92 |
| EV / Sales | 4.60 |
| EV / EBITDA | 21.06 |
| EV / EBIT | 31.94 |
| EV / FCF | 24.22 |
Financial Position
The company has a current ratio of 1.04, with a Debt / Equity ratio of 2.13.
| Current Ratio | 1.04 |
| Quick Ratio | 0.89 |
| Debt / Equity | 2.13 |
| Debt / EBITDA | 3.89 |
| Debt / FCF | 4.90 |
| Interest Coverage | 5.28 |
Financial Efficiency
Return on equity (ROE) is 24.06% and return on invested capital (ROIC) is 6.71%.
| Return on Equity (ROE) | 24.06% |
| Return on Assets (ROA) | 4.15% |
| Return on Invested Capital (ROIC) | 6.71% |
| Return on Capital Employed (ROCE) | 8.69% |
| Revenue Per Employee | $222,371 |
| Profits Per Employee | $21,343 |
| Employee Count | 282,200 |
| Asset Turnover | 0.46 |
| Inventory Turnover | 22.21 |
Taxes
| Income Tax | -218.00M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +41.09% in the last 52 weeks. The beta is 0.75, so IBM's price volatility has been lower than the market average.
| Beta (5Y) | 0.75 |
| 52-Week Price Change | +41.09% |
| 50-Day Moving Average | 234.90 |
| 200-Day Moving Average | 206.51 |
| Relative Strength Index (RSI) | 71.39 |
| Average Volume (20 Days) | 5,440,564 |
Short Selling Information
The latest short interest is 19.62 million, so 2.12% of the outstanding shares have been sold short.
| Short Interest | 19.62M |
| Short Previous Month | 21.84M |
| Short % of Shares Out | 2.12% |
| Short % of Float | 2.13% |
| Short Ratio (days to cover) | 4.35 |
Income Statement
In the last 12 months, IBM had revenue of $62.75 billion and earned $6.02 billion in profits. Earnings per share was $6.43.
| Revenue | 62.75B |
| Gross Profit | 35.55B |
| Operating Income | 9.04B |
| Pretax Income | 8.95B |
| Net Income | 6.02B |
| EBITDA | 13.70B |
| EBIT | 9.04B |
| Earnings Per Share (EPS) | $6.43 |
Full Income StatementBalance Sheet
The company has $14.59 billion in cash and $58.40 billion in debt, giving a net cash position of -$43.81 billion or -$47.37 per share.
| Cash & Cash Equivalents | 14.59B |
| Total Debt | 58.40B |
| Net Cash | -43.81B |
| Net Cash Per Share | -$47.37 |
| Equity (Book Value) | 27.39B |
| Book Value Per Share | 29.49 |
| Working Capital | 1.34B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $13.45 billion and capital expenditures -$1.53 billion, giving a free cash flow of $11.92 billion.
| Operating Cash Flow | 13.45B |
| Capital Expenditures | -1.53B |
| Free Cash Flow | 11.92B |
| FCF Per Share | $12.89 |
Full Cash Flow StatementMargins
Gross margin is 56.65%, with operating and profit margins of 14.40% and 9.60%.
| Gross Margin | 56.65% |
| Operating Margin | 14.40% |
| Pretax Margin | 9.24% |
| Profit Margin | 9.60% |
| EBITDA Margin | 21.84% |
| EBIT Margin | 14.40% |
| FCF Margin | 18.99% |
Dividends & Yields
This stock pays an annual dividend of $6.68, which amounts to a dividend yield of 2.52%.
| Dividend Per Share | $6.68 |
| Dividend Yield | 2.52% |
| Dividend Growth (YoY) | 0.60% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 103.91% |
| Buyback Yield | -1.64% |
| Shareholder Yield | 0.88% |
| Earnings Yield | 2.46% |
| FCF Yield | 4.87% |
Dividend DetailsAnalyst Forecast
The average price target for IBM is $236.93, which is -10.50% lower than the current price. The consensus rating is "Buy".
| Price Target | $236.93 |
| Price Target Difference | -10.50% |
| Analyst Consensus | Buy |
| Analyst Count | 15 |
| Revenue Growth Forecast (5Y) | 5.21% |
| EPS Growth Forecast (5Y) | 15.71% |
Stock ForecastsStock 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 3.2 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.2 |
| Piotroski F-Score | 6 |