IBM Statistics
Total Valuation
IBM has a market cap or net worth of $249.01 billion. The enterprise value is $307.03 billion.
| Market Cap | 249.01B |
| Enterprise Value | 307.03B |
Important Dates
The next confirmed earnings date is Wednesday, July 22, 2026, after market close.
| Earnings Date | Jul 22, 2026 |
| Ex-Dividend Date | May 8, 2026 |
Share Statistics
IBM has 939.89 million shares outstanding. The number of shares has increased by 1.09% in one year.
| Current Share Class | 939.89M |
| Shares Outstanding | 939.89M |
| Shares Change (YoY) | +1.09% |
| Shares Change (QoQ) | -0.03% |
| Owned by Insiders (%) | 0.09% |
| Owned by Institutions (%) | 64.99% |
| Float | 937.88M |
Valuation Ratios
The trailing PE ratio is 23.47 and the forward PE ratio is 21.13. IBM's PEG ratio is 3.08.
| PE Ratio | 23.47 |
| Forward PE | 21.13 |
| PS Ratio | 3.61 |
| Forward PS | 3.45 |
| PB Ratio | 7.55 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 19.28 |
| P/OCF Ratio | 17.80 |
| PEG Ratio | 3.08 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 18.48, with an EV/FCF ratio of 23.78.
| EV / Earnings | 28.55 |
| EV / Sales | 4.46 |
| EV / EBITDA | 18.48 |
| EV / EBIT | 23.68 |
| EV / FCF | 23.78 |
Financial Position
The company has a current ratio of 0.80, with a Debt / Equity ratio of 2.11.
| Current Ratio | 0.80 |
| Quick Ratio | 0.64 |
| Debt / Equity | 2.11 |
| Debt / EBITDA | 3.90 |
| Debt / FCF | 5.41 |
| Interest Coverage | 6.64 |
Financial Efficiency
Return on equity (ROE) is 35.77% and return on invested capital (ROIC) is 14.90%.
| Return on Equity (ROE) | 35.77% |
| Return on Assets (ROA) | 5.37% |
| Return on Invested Capital (ROIC) | 14.90% |
| Return on Capital Employed (ROCE) | 11.17% |
| Weighted Average Cost of Capital (WACC) | 6.66% |
| Revenue Per Employee | $260,730 |
| Profits Per Employee | $40,689 |
| Employee Count | 264,300 |
| Asset Turnover | 0.46 |
| Inventory Turnover | 19.45 |
Taxes
| Income Tax | -173.00M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -5.71% in the last 52 weeks. The beta is 0.67, so IBM's price volatility has been lower than the market average.
| Beta (5Y) | 0.67 |
| 52-Week Price Change | -5.71% |
| 50-Day Moving Average | 251.52 |
| 200-Day Moving Average | 273.58 |
| Relative Strength Index (RSI) | 50.32 |
| Average Volume (20 Days) | 11,531,963 |
Short Selling Information
The latest short interest is 30.55 million, so 3.25% of the outstanding shares have been sold short.
| Short Interest | 30.55M |
| Short Previous Month | 22.47M |
| Short % of Shares Out | 3.25% |
| Short % of Float | 3.26% |
| Short Ratio (days to cover) | 3.41 |
Income Statement
In the last 12 months, IBM had revenue of $68.91 billion and earned $10.75 billion in profits. Earnings per share was $11.31.
| Revenue | 68.91B |
| Gross Profit | 40.22B |
| Operating Income | 12.97B |
| Pretax Income | 10.56B |
| Net Income | 10.75B |
| EBITDA | 16.61B |
| EBIT | 12.97B |
| Earnings Per Share (EPS) | $11.31 |
Balance Sheet
The company has $11.78 billion in cash and $69.80 billion in debt, with a net cash position of -$58.02 billion or -$61.73 per share.
| Cash & Cash Equivalents | 11.78B |
| Total Debt | 69.80B |
| Net Cash | -58.02B |
| Net Cash Per Share | -$61.73 |
| Equity (Book Value) | 33.06B |
| Book Value Per Share | 35.08 |
| Working Capital | -8.19B |
Cash Flow
In the last 12 months, operating cash flow was $13.99 billion and capital expenditures -$1.08 billion, giving a free cash flow of $12.91 billion.
| Operating Cash Flow | 13.99B |
| Capital Expenditures | -1.08B |
| Depreciation & Amortization | 3.64B |
| Net Borrowing | 290.00M |
| Free Cash Flow | 12.91B |
| FCF Per Share | $13.74 |
Margins
Gross margin is 58.36%, with operating and profit margins of 18.82% and 15.61%.
| Gross Margin | 58.36% |
| Operating Margin | 18.82% |
| Pretax Margin | 15.32% |
| Profit Margin | 15.61% |
| EBITDA Margin | 24.11% |
| EBIT Margin | 18.82% |
| FCF Margin | 18.74% |
Dividends & Yields
This stock pays an annual dividend of $6.76, which amounts to a dividend yield of 2.55%.
| Dividend Per Share | $6.76 |
| Dividend Yield | 2.55% |
| Dividend Growth (YoY) | 0.60% |
| Years of Dividend Growth | 30 |
| Payout Ratio | 59.50% |
| Buyback Yield | -1.09% |
| Shareholder Yield | 1.47% |
| Earnings Yield | 4.32% |
| FCF Yield | 5.19% |
Analyst Forecast
The average price target for IBM is $293.89, which is 10.93% higher than the current price. The consensus rating is "Buy".
| Price Target | $293.89 |
| Price Target Difference | 10.93% |
| Analyst Consensus | Buy |
| Analyst Count | 22 |
| Revenue Growth Forecast (3Y) | 5.33% |
| EPS Growth Forecast (3Y) | 8.65% |
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 3.28 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.28 |
| Piotroski F-Score | 6 |