International Business Machines Corporation

As of June 30, 2026, International Business Machines Corporation carries a market capitalization of 227.95B, placing it among publicly traded companies globally. Its enterprise value stands at 278.04B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

International Business Machines Corporation's next confirmed earnings release is scheduled for January 27, 2027.

As of June 30, 2026, International Business Machines Corporation has 942.13M shares outstanding.

As of June 30, 2026, International Business Machines Corporation trades at a trailing price-to-earnings ratio of 24.16. The price-to-sales ratio is 3.75, and the price-to-book ratio stands at 7.56.

As of June 30, 2026, International Business Machines Corporation trades at an EV/EBITDA multiple of 18.53 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 4.60 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 26.59 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 278.04B versus a market cap of 227.95B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, International Business Machines Corporation maintains a current ratio of 0.79, meaning it holds 0.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 188.97, indicating elevated leverage, while an interest coverage ratio of 8.89 demonstrates adequate ability to service its debt obligations.

Over the twelve months ended June 30, 2026, International Business Machines Corporation posted a return on equity (ROE) of 34.62, showing how much profit the company earns on every dollar of shareholder capital. Return on assets (ROA) stands at 7.13, measuring how efficiently the asset base is converted into earnings. The company generates approximately 209,674.48 in revenue per employee across its workforce of 288,450.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 19.32 indicates how many times International Business Machines Corporation sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2026, International Business Machines Corporation recorded an income tax benefit of -231.08M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. Taxes are levied on pretax income of 9.14B, leaving 9.39B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 22, 2026, International Business Machines Corporation's stock has declined approximately 11.01% over the past 52 weeks. The 50-day moving average sits at 203.06, while the 200-day moving average is 222.69.

Over the twelve months ended June 30, 2026, International Business Machines Corporation generated 60.48B in revenue and converted that into 9.39B in net income, yielding earnings per share of 9.85. EBITDA reached 15.01B, while operating income came in at 11.12B.

As of June 30, 2026, International Business Machines Corporation holds 7.12B in cash and equivalents against 57.13B in total debt, resulting in a net debt position of 47.98B. Total book value stands at 30.16B, with working capital of -6.58B providing operational flexibility.

International Business Machines Corporation produced 13.03B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -1.53B in capital expenditures, free cash flow totaled 11.50B - equivalent to 12.27 per share.

Over the twelve months ended June 30, 2026, International Business Machines Corporation posted a gross margin of 58.10, reflecting its pricing power and cost economics. The operating margin of 18.39 and net profit margin of 15.52 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, International Business Machines Corporation paid dividends of 5.89 per share. The dividend payout ratio of 58.94 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 5.00, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 3.62, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to International Business Machines Corporation shareholders.

International Business Machines Corporation's most recent stock split took place on May 27, 1999 with a 1:2 split ratio.

As of June 30, 2026, International Business Machines Corporation has an Altman Z-Score of 6.37, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.