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International Business Machines Corporation

International Business Machines Corporation

IBM.L
International Business Machines CorporationGB flagLondon Stock Exchange
118.95
USD
- -
- -
192.56BMarket Cap
International Business Machines Corporation
IBM.L
(London Stock Exchange)

Recent

price

118.95

P/E

ratio

- -

div

yld

- -

ROIC.AI

2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
75.68
72.15
78.71
89.32
90.04
89.88
92.4
83.52
83.65
84.84
87.27
65.05
61.97
64.01
67.06
67.89
68.1
Revenue per Share
9.01
10.12
11.69
13.25
14.53
15.06
11.97
13.48
12.43
6.17
9.57
10.63
6.28
6.41
1.82
8.23
6.96
Basic EPS, GAAP
10.17
12.58
11.66
12.68
13.01
12.19
12.63
13.39
13.54
13.88
12.37
13.37
16.81
11.19
9.38
13.3
12.94
Free Cash Flow per Basic Share
1.89
2.15
2.5
2.9
3.3
3.71
4.25
5
5.5
5.9
6.21
6.43
6.51
6.55
6.59
6.63
6.66
Dividend per Share
79.95
92.46
108.73
127.81
146.83
165.96
189.65
203.72
216.34
222.65
235.03
246.66
246.28
236.08
230.62
231.47
229.4
Book Value per Share
-5.49
0.04
-4.3
-7.83
-12.3
-11.08
-21.55
-21.54
-23.55
-24.45
-24.59
-59.14
-52.54
-54.86
-49.98
-53.34
-51.86
Tangible Book Value per Share
1,369
1,327
1,269
1,197
1,143
1,094
1,004
979
955
933
912
887
890
896
903
911
919
Basic Weighted Avg Shares
103,630
95,758
99,871
106,916
102,874
98,368
92,793
81,742
79,920
79,139
79,591
57,714
55,179
57,351
60,530
61,860
62,577
Sales/Revenue/Turnover
15.38
17.77
19.37
20.09
21.59
20.81
20.33
19.48
17.07
16.6
16.61
13.06
8.45
11.97
13.47
15.15
15.09
Operating Margin (%)
5,450
4,994
4,831
4,815
4,676
4,678
4,492
3,855
4,381
4,541
4,480
6,059
6,695
6,417
4,802
4,396
4,706
Depreciation Expense
12,334
13,425
14,833
15,855
16,604
16,483
12,022
13,190
11,872
5,753
8,728
9,431
5,590
5,742
1,640
7,502
6,397
Net Income, GAAP
26.21
25.98
24.79
24.51
24.58
16.61
21.18
16.19
3.64
49.49
23.09
0.83
- -
2.56
- -
13.53
30.14
Effective Tax Rate (%)
11.9
14.02
14.85
14.83
16.14
16.76
12.96
16.14
14.85
7.27
10.97
16.34
10.13
10.01
2.71
12.13
10.22
Profit Margin (%)
6,569
12,933
7,554
8,805
5,808
11,196
7,796
8,235
7,613
12,372
10,919
719
-704
-4,080
-2,387
-1,214
1,690
Working Capital
22,689
21,932
21,846
22,857
24,088
32,856
34,991
33,428
34,655
39,837
35,605
57,981
56,937
47,379
48,379
52,689
55,737
LT Debt
13,584
22,755
23,172
20,235
18,984
22,929
12,014
14,424
18,392
17,725
16,930
20,985
20,726
18,996
22,021
22,613
24,530
Total Equity
20.08
24.59
26.91
29.41
30.02
27.54
23.89
23.35
21.85
10.06
15.18
9.51
- -
8.11
- -
9.97
9.97
Return on Invested Capital (%)
9.34
9.38
9.57
9.21
8.79
7.96
5.48
5.77
5.11
2.41
3.61
3.93
- -
2.49
- -
3.34
6.44
Return on Capital (%)
12.02
11.56
11.38
10.9
10.35
9.44
6.46
6.77
5.85
2.78
4.14
4.35
2.55
2.67
0.78
3.58
3.05
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
6,255
4,364
4,389
LT Borrowings
54,033
52,929
52,980
LT Finance Leases
2,583
2,546
2,757
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
919
921
925
Market Capitalization
172,906
107,457
109,308

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
36,663
33,299
30,543
Cash, Cash Equivalents & STI
19,115
13,691
13,702
Accounts Receivable, Net
6,041
5,769
5,390
Inventories
1,212
1,234
1,367
Total Current Liabilities
32,397
29,648
28,853
Payables & Accruals
8,903
8,517
8,332
ST Debt
6,255
4,364
4,389
Deferred Revenue
14,051
13,643
12,882

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.48%
6.6%
2.69%
Free Cash Flow
1.02%
5.18%
43.22%
Net Income, GAAP
22.89%
51.21%
357.44%
Sales/Revenue/Turnover
-4.04%
-4.04%
2.2%
Total Cash Common Dividend
4.14%
1.29%
1.55%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
14,197
15,535
14,106
16,691
60,530
2023
14,252
15,475
14,752
17,380
61,860
2024
14,461
15,769
14,967
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.82
1.54
-3.54
2.99
1.82
2023
1.02
1.74
1.87
3.59
8.23
2024
1.75
1.99
-0.36
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
1.64
1.65
1.65
1.65
6.59
2023
1.65
1.66
1.66
1.66
6.63
2024
1.66
1.67
1.67
- -
- -
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Business
International Business Machines Corporation International Business Machines Corporation (IBM) is a multinational technology company that provides enterprise software, consulting services, and hybrid cloud and artificial intelligence (AI) solutions worldwide. Founded in 1911 and headquartered in Armonk, New York, USA, IBM operates in over 170 countries, serving large enterprises, governments, and organizations across industries including financial services, healthcare, manufacturing, energy, public sector, and retail; its core offerings encompass hybrid cloud platforms such as Red Hat OpenShift; AI and data platforms including watsonx; automation, transaction processing, and security software; mainframe computers via IBM Z; Power servers; storage systems; consulting for business transformation, technology advisory in cloud, AI, and data; application modernization services; infrastructure for mission-critical workloads; and additional capabilities in blockchain, Internet of Things (IoT), cybersecurity, data analytics, and quantum computing. Recent developments include the completion of its acquisition of HashiCorp, Inc. in 2025 to create a comprehensive end-to-end hybrid cloud platform; the acquisition of Prescinto for AI-driven renewable energy asset performance management; the purchase of Applications Software Technology LLC to bolster Oracle expertise; the acquisition of DataStax to enhance watsonx for generative AI and unstructured data processing; and strategic partnerships such as with Anthropic to integrate Claude AI models and with Oracle to deploy watsonx on Oracle Cloud Infrastructure, alongside divestitures like the QRadar SaaS assets to Palo Alto Networks in 2024.