international business machines corp. - IBM

IBM

Close Chg Chg %
222.63 0.01 0.00%

Open Market

222.64

+0.01 (0.00%)

Volume: 1.15M

Last Updated:

Oct 5, 2026, 11:51 AM EDT

Company Overview: international business machines corp. - IBM

IBM Key Data

Open

$222.00

Day Range

220.65 - 222.88

52 Week Range

199.20 - 332.41

Market Cap

$212.56B

Shares Outstanding

942.13M

Public Float

941.21M

Beta

0.72

Rev. Per Employee

N/A

P/E Ratio

20.03

EPS

$11.44

Yield

302.73%

Dividend

$1.69

EX-DIVIDEND DATE

Aug 10, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

5.86M

 

IBM Performance

1 Week
 
-1.27%
 
1 Month
 
-5.22%
 
3 Months
 
-23.10%
 
1 Year
 
-22.79%
 
5 Years
 
55.45%
 

IBM Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 27
Full Ratings ➔

About international business machines corp. - IBM

International Business Machines Corp. is an information technology company, which engages in the provision of integrated solutions that leverage information technology and knowledge of business processes. It operates through the following segments: Software, Consulting, Infrastructure, Financing, and Other. The Software segment combines hybrid cloud platform and software solutions to help clients become more data-driven, and to automate, secure, and modernize their environments. The Consulting segment focuses on integrating skills on strategy, experience, technology and operations by domain and industry. The Infrastructure segment offers solutions for hybrid cloud and is the foundation of the hybrid cloud stack. Infrastructure is optimized for infusing AI into mission-critical transactions and tightly integrated with IBM Software including Red Hat for accelerated hybrid cloud benefits. The Financing segment refers to the client and commercial financing, facilitating IBM clients’ acquisition of IT systems, software, and services. The company was founded by Charles Ranlett Flint and Thomas J. Watson Sr. on June 16, 1911 and is headquartered in Armonk, NY.

IBM At a Glance

International Business Machines Corp.
1 New Orchard Road
Armonk, New York 10504-1722
Phone 1-914-499-1900 Revenue 67.54B
Industry Information Technology Services Net Income 10.59B
Sector Technology Services 2025 Sales Growth 7.622%
Fiscal Year-end 12 / 2026 Employees 286,800
View SEC Filings

IBM Valuation

P/E Current 19.522
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 26.528
Price to Sales Ratio 4.161
Price to Book Ratio 8.501
Price to Cash Flow Ratio 21.30
Enterprise Value to EBITDA 17.318
Enterprise Value to Sales 4.905
Total Debt to Enterprise Value 0.195

IBM Efficiency

Revenue/Employee 235,481.172
Income Per Employee 36,935.146
Receivables Turnover 3.727
Total Asset Turnover 0.467

IBM Liquidity

Current Ratio 0.928
Quick Ratio 0.896
Cash Ratio 0.374

IBM Profitability

Gross Margin 57.55
Operating Margin 20.887
Pretax Margin 15.333
Net Margin 15.685
Return on Assets 7.314
Return on Equity 35.264
Return on Total Capital 10.869
Return on Invested Capital 12.446

IBM Capital Structure

Total Debt to Total Equity 197.89
Total Debt to Total Capital 66.431
Total Debt to Total Assets 42.538
Long-Term Debt to Equity 175.763
Long-Term Debt to Total Capital 59.003
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for International Business Machines Corp. - IBM

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
60.53B 61.86B 62.75B 67.54B
Sales Growth
+5.54% +2.20% +1.44% +7.62%
Cost of Goods Sold (COGS) incl D&A
29.23B 28.36B 27.63B 28.67B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
4.80B 4.40B 4.67B 5.02B
Depreciation
2.41B 2.11B 2.17B 2.28B
Amortization of Intangibles
2.40B 2.29B 2.50B 2.74B
COGS Growth
+10.12% -2.96% -2.57% +3.75%
Gross Income
31.30B 33.50B 35.12B 38.87B
Gross Income Growth
+1.60% +7.02% +4.84% +10.67%
Gross Profit Margin
+51.71% +54.15% +55.96% +57.55%
2022 2023 2024 2025 5-year trend
SG&A Expense
23.54B 23.00B 24.42B 24.76B
Research & Development
6.27B 6.34B 7.48B 8.31B
Other SG&A
17.27B 16.65B 16.94B 16.45B
SGA Growth
-1.05% -2.30% +6.21% +1.38%
Other Operating Expense
- - - -
-
Unusual Expense
1.57B 2.06B 3.50B 2.82B
EBIT after Unusual Expense
6.19B 8.44B 7.20B 11.28B
Non Operating Income/Expense
(4.14B) 1.72B 86.00M 971.00M
Non-Operating Interest Income
162.00M 670.00M 747.00M 645.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
873.00M 1.46B 1.47B 1.90B
Interest Expense Growth
-19.76% +67.01% +0.96% +29.01%
Gross Interest Expense
878.00M 1.47B 1.48B 1.90B
Interest Capitalized
5.00M 9.00M 12.00M 4.00M
Pretax Income
1.18B 8.71B 5.81B 10.36B
Pretax Income Growth
-75.78% +640.31% -33.22% +78.10%
Pretax Margin
+1.94% +14.07% +9.26% +15.33%
Income Tax
(626.00M) 1.18B (218.00M) (242.00M)
Income Tax - Current - Domestic
575.00M 687.00M (183.00M) (1.59B)
Income Tax - Current - Foreign
1.68B 1.59B 2.30B 2.30B
Income Tax - Deferred - Domestic
(3.13B) (1.53B) (2.54B) (249.00M)
Income Tax - Deferred - Foreign
252.00M 428.00M 203.00M (708.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
1.80B 7.53B 6.03B 10.60B
Minority Interest Expense
20.00M 16.00M 17.00M 26.00M
Net Income
1.78B 7.51B 6.01B 10.57B
Net Income Growth
-62.17% +321.42% -19.95% +75.74%
Net Margin Growth
+2.95% +12.15% +9.59% +15.65%
Extraordinaries & Discontinued Operations
(143.00M) (12.00M) 8.00M 22.00M
Discontinued Operations
(143.00M) (12.00M) 8.00M 22.00M
Net Income After Extraordinaries
1.64B 7.50B 6.02B 10.59B
Preferred Dividends
- - - -
-
Net Income Available to Common
1.64B 7.50B 6.02B 10.59B
EPS (Basic)
1.8157 8.233 6.5342 11.3623
EPS (Basic) Growth
-71.67% +353.43% -20.63% +73.89%
Basic Shares Outstanding
902.66M 911.21M 921.77M 932.29M
EPS (Diluted)
1.7966 8.136 6.4269 11.1661
EPS (Diluted) Growth
-71.70% +352.86% -21.01% +73.74%
Diluted Shares Outstanding
912.27M 922.07M 937.16M 948.68M
EBITDA
12.57B 14.90B 15.36B 19.13B
EBITDA Growth
-6.48% +18.54% +3.11% +24.50%
EBITDA Margin
+20.76% +24.09% +24.48% +28.32%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 245.762
Number of Ratings 27 Current Quarters Estimate 4.617
FY Report Date 12 / 2026 Current Year's Estimate 12.309
Last Quarter’s Earnings 2.835 Median PE on CY Estimate N/A
Year Ago Earnings 11.59 Next Fiscal Year Estimate 13.146
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 19 13 22 22
Mean Estimate 4.62 2.17 12.31 13.15
High Estimates 4.77 2.42 12.63 13.86
Low Estimate 4.44 2.00 12.08 12.30
Coefficient of Variance 2.29 5.64 1.05 2.73

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 12 13 14
OVERWEIGHT 1 1 1
HOLD 12 12 11
UNDERWEIGHT 0 0 0
SELL 2 2 2
MEAN Overweight Overweight Overweight

Insider Actions for International Business Machines Corp. - IBM

Date Name Shares Transaction Value
Oct 2, 2026 Alex Gorsky Director 35,343 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 2, 2026 Michelle J. Howard Director 17,050 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 2, 2026 Martha E. Pollack Director 17,899 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 2, 2026 Thomas Buberl Director 15,256 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 2, 2026 Ramon Luis Laguarta Director 869 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 2, 2026 Frederick William McNabb Director 17,053 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 2, 2026 Marianne C. Brown Director 4,460 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 2, 2026 Michael E. Miebach Director 4,724 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 2, 2026 Peter R. Voser Director 33,290 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 2, 2026 Andrew N. Liveris Director 45,262 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 2, 2026 Alfred W. Zollar Director 10,427 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 2, 2026 David N. Farr Director 23,782 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 20, 2026 Gary D. Cohn Vice Chairman 108,487 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 Arvind Krishna Chairman, President & CEO; Director 16,995 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 James J. Kavanaugh Sr. VP and CFO 171,851 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 James J. Kavanaugh Sr. VP and CFO 170,488 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $258.68 per share 44,101,835.84
Feb 20, 2026 Anne E. Robinson Senior Vice President 5,167 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 Arvind Krishna Chairman, President & CEO; Director 363,461 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $258.68 per share 94,020,091.48
Feb 20, 2026 Arvind Krishna Chairman, President & CEO; Director 366,300 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2026 Gary D. Cohn Vice Chairman 6,968 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

International Business Machines Corp. in the News

IBM announces $150B investment in US

IBM, founded in 1911, is making a major investment in the United States over the next five years, the company announced in a media release on Monday.