IBM Statistics
Total Valuation
IBM has a market cap or net worth of $226.43 billion. The enterprise value is $276.04 billion.
Important Dates
The next estimated earnings date is Wednesday, April 22, 2026, after market close.
| Earnings Date | Apr 22, 2026 |
| Ex-Dividend Date | Feb 10, 2026 |
Share Statistics
IBM has 938.03 million shares outstanding. The number of shares has increased by 1.23% in one year.
| Current Share Class | 938.41M |
| Shares Outstanding | 938.03M |
| Shares Change (YoY) | +1.23% |
| Shares Change (QoQ) | +0.37% |
| Owned by Insiders (%) | 0.09% |
| Owned by Institutions (%) | 64.74% |
| Float | 936.45M |
Valuation Ratios
The trailing PE ratio is 21.60 and the forward PE ratio is 19.41. IBM's PEG ratio is 2.94.
| PE Ratio | 21.60 |
| Forward PE | 19.41 |
| PS Ratio | 3.34 |
| Forward PS | 3.18 |
| PB Ratio | 6.90 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 18.66 |
| P/OCF Ratio | 17.12 |
| PEG Ratio | 2.94 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 17.13, with an EV/FCF ratio of 22.81.
| EV / Earnings | 26.06 |
| EV / Sales | 4.09 |
| EV / EBITDA | 17.13 |
| EV / EBIT | 21.96 |
| EV / FCF | 22.81 |
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 | 0.81 |
| Debt / Equity | 1.97 |
| Debt / EBITDA | 3.71 |
| Debt / FCF | 5.34 |
| Interest Coverage | 6.50 |
Financial Efficiency
Return on equity (ROE) is 35.16% and return on invested capital (ROIC) is 15.46%.
| Return on Equity (ROE) | 35.16% |
| Return on Assets (ROA) | 5.43% |
| Return on Invested Capital (ROIC) | 15.46% |
| Return on Capital Employed (ROCE) | 11.10% |
| Weighted Average Cost of Capital (WACC) | 6.85% |
| Revenue Per Employee | $255,524 |
| Profits Per Employee | $40,079 |
| Employee Count | 264,300 |
| Asset Turnover | 0.47 |
| Inventory Turnover | 22.19 |
Taxes
| Income Tax | -242.00M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -2.84% in the last 52 weeks. The beta is 0.71, so IBM's price volatility has been lower than the market average.
| Beta (5Y) | 0.71 |
| 52-Week Price Change | -2.84% |
| 50-Day Moving Average | 268.86 |
| 200-Day Moving Average | 278.67 |
| Relative Strength Index (RSI) | 40.80 |
| Average Volume (20 Days) | 5,842,580 |
Short Selling Information
The latest short interest is 22.18 million, so 2.36% of the outstanding shares have been sold short.
| Short Interest | 22.18M |
| Short Previous Month | 19.65M |
| Short % of Shares Out | 2.36% |
| Short % of Float | 2.37% |
| Short Ratio (days to cover) | 3.17 |
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 | 12.57B |
| Pretax Income | 10.33B |
| Net Income | 10.59B |
| EBITDA | 16.12B |
| EBIT | 12.57B |
| 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 -$53.51 per share.
| Cash & Cash Equivalents | 14.42B |
| Total Debt | 64.61B |
| Net Cash | -50.19B |
| Net Cash Per Share | -$53.51 |
| Equity (Book Value) | 32.74B |
| Book Value Per Share | 34.84 |
| Working Capital | -1.71B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $13.19 billion and capital expenditures -$1.09 billion, giving a free cash flow of $12.10 billion.
| Operating Cash Flow | 13.19B |
| Capital Expenditures | -1.09B |
| Depreciation & Amortization | 3.55B |
| Net Borrowing | 2.87B |
| Free Cash Flow | 12.10B |
| FCF Per Share | $12.90 |
Full Cash Flow StatementMargins
Gross margin is 58.19%, with operating and profit margins of 18.61% and 15.69%.
| Gross Margin | 58.19% |
| Operating Margin | 18.61% |
| Pretax Margin | 15.29% |
| Profit Margin | 15.69% |
| EBITDA Margin | 23.87% |
| EBIT Margin | 18.61% |
| FCF Margin | 17.92% |
Dividends & Yields
This stock pays an annual dividend of $6.72, which amounts to a dividend yield of 2.78%.
| Dividend Per Share | $6.72 |
| Dividend Yield | 2.78% |
| Dividend Growth (YoY) | 0.60% |
| Years of Dividend Growth | 30 |
| Payout Ratio | 60.20% |
| Buyback Yield | -1.23% |
| Shareholder Yield | 1.56% |
| Earnings Yield | 4.69% |
| FCF Yield | 5.36% |
Dividend DetailsAnalyst Forecast
The average price target for IBM is $315.15, which is 30.56% higher than the current price. The consensus rating is "Buy".
| Price Target | $315.15 |
| Price Target Difference | 30.56% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
| 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 3.39 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.39 |
| Piotroski F-Score | 6 |
