IBM Statistics
Total Valuation
IBM has a market cap or net worth of $287.39 billion. The enterprise value is $339.11 billion.
| Market Cap | 287.39B |
| Enterprise Value | 339.11B |
Important Dates
The last earnings date was Wednesday, October 22, 2025, after market close.
| Earnings Date | Oct 22, 2025 |
| Ex-Dividend Date | Nov 10, 2025 |
Share Statistics
IBM has 934.74 million shares outstanding. The number of shares has increased by 1.37% in one year.
| Current Share Class | 934.74M |
| Shares Outstanding | 934.74M |
| Shares Change (YoY) | +1.37% |
| Shares Change (QoQ) | +0.09% |
| Owned by Insiders (%) | 0.10% |
| Owned by Institutions (%) | 63.68% |
| Float | 929.39M |
Valuation Ratios
The trailing PE ratio is 36.72 and the forward PE ratio is 25.54. IBM's PEG ratio is 3.75.
| PE Ratio | 36.72 |
| Forward PE | 25.54 |
| PS Ratio | 4.37 |
| Forward PS | 4.13 |
| PB Ratio | 10.30 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 23.04 |
| P/OCF Ratio | 21.32 |
| PEG Ratio | 3.75 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 19.09, with an EV/FCF ratio of 27.19.
| EV / Earnings | 42.89 |
| EV / Sales | 5.18 |
| EV / EBITDA | 19.09 |
| EV / EBIT | 23.78 |
| EV / FCF | 27.19 |
Financial Position
The company has a current ratio of 0.93, with a Debt / Equity ratio of 2.38.
| Current Ratio | 0.93 |
| Quick Ratio | 0.78 |
| Debt / Equity | 2.38 |
| Debt / EBITDA | 3.49 |
| Debt / FCF | 5.34 |
| Interest Coverage | 7.58 |
Financial Efficiency
Return on equity (ROE) is 30.16% and return on invested capital (ROIC) is 9.94%.
| Return on Equity (ROE) | 30.16% |
| Return on Assets (ROA) | 6.35% |
| Return on Invested Capital (ROIC) | 9.94% |
| Return on Capital Employed (ROCE) | 12.83% |
| Revenue Per Employee | $241,961 |
| Profits Per Employee | $29,253 |
| Employee Count | 270,300 |
| Asset Turnover | 0.47 |
| Inventory Turnover | 19.68 |
Taxes
In the past 12 months, IBM has paid $1.57 billion in taxes.
| Income Tax | 1.57B |
| Effective Tax Rate | 16.56% |
Stock Price Statistics
The stock price has increased by +32.10% 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 | +32.10% |
| 50-Day Moving Average | 266.10 |
| 200-Day Moving Average | 258.25 |
| Relative Strength Index (RSI) | 71.99 |
| Average Volume (20 Days) | 6,000,967 |
Short Selling Information
The latest short interest is 15.85 million, so 1.70% of the outstanding shares have been sold short.
| Short Interest | 15.85M |
| Short Previous Month | 14.63M |
| Short % of Shares Out | 1.70% |
| Short % of Float | 1.71% |
| Short Ratio (days to cover) | 3.04 |
Income Statement
In the last 12 months, IBM had revenue of $65.40 billion and earned $7.91 billion in profits. Earnings per share was $8.36.
| Revenue | 65.40B |
| Gross Profit | 37.81B |
| Operating Income | 14.26B |
| Pretax Income | 9.49B |
| Net Income | 7.91B |
| EBITDA | 17.77B |
| EBIT | 14.26B |
| Earnings Per Share (EPS) | $8.36 |
Balance Sheet
The company has $14.86 billion in cash and $66.57 billion in debt, giving a net cash position of -$51.71 billion or -$55.32 per share.
| Cash & Cash Equivalents | 14.86B |
| Total Debt | 66.57B |
| Net Cash | -51.71B |
| Net Cash Per Share | -$55.32 |
| Equity (Book Value) | 27.99B |
| Book Value Per Share | 29.85 |
| Working Capital | -2.40B |
Cash Flow
In the last 12 months, operating cash flow was $13.48 billion and capital expenditures -$1.01 billion, giving a free cash flow of $12.47 billion.
| Operating Cash Flow | 13.48B |
| Capital Expenditures | -1.01B |
| Free Cash Flow | 12.47B |
| FCF Per Share | $13.34 |
Margins
Gross margin is 57.81%, with operating and profit margins of 21.80% and 12.09%.
| Gross Margin | 57.81% |
| Operating Margin | 21.80% |
| Pretax Margin | 14.51% |
| Profit Margin | 12.09% |
| EBITDA Margin | 27.17% |
| EBIT Margin | 21.80% |
| FCF Margin | 19.07% |
Dividends & Yields
This stock pays an annual dividend of $6.72, which amounts to a dividend yield of 2.19%.
| Dividend Per Share | $6.72 |
| Dividend Yield | 2.19% |
| Dividend Growth (YoY) | 0.60% |
| Years of Dividend Growth | 29 |
| Payout Ratio | 80.26% |
| Buyback Yield | -1.37% |
| Shareholder Yield | 0.82% |
| Earnings Yield | 2.75% |
| FCF Yield | 4.34% |
Analyst Forecast
The average price target for IBM is $288.62, which is -6.13% lower than the current price. The consensus rating is "Buy".
| Price Target | $288.62 |
| Price Target Difference | -6.13% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | 5.15% |
| EPS Growth Forecast (5Y) | 16.78% |
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 3.36 and a Piotroski F-Score of 5.
| Altman Z-Score | 3.36 |
| Piotroski F-Score | 5 |