IBM Statistics
Total Valuation
IBM has a market cap or net worth of $223.63 billion. The enterprise value is $275.90 billion.
| Market Cap | 223.63B |
| Enterprise Value | 275.90B |
Important Dates
The last earnings date was Wednesday, July 23, 2025, after market close.
| Earnings Date | Jul 23, 2025 |
| Ex-Dividend Date | Aug 8, 2025 |
Share Statistics
IBM has 931.52 million shares outstanding. The number of shares has increased by 1.49% in one year.
| Current Share Class | 931.52M |
| Shares Outstanding | 931.52M |
| Shares Change (YoY) | +1.49% |
| Shares Change (QoQ) | +0.28% |
| Owned by Insiders (%) | 0.10% |
| Owned by Institutions (%) | 64.09% |
| Float | 929.51M |
Valuation Ratios
The trailing PE ratio is 38.85 and the forward PE ratio is 20.67. IBM's PEG ratio is 2.73.
| PE Ratio | 38.85 |
| Forward PE | 20.67 |
| PS Ratio | 3.48 |
| Forward PS | 3.27 |
| PB Ratio | 8.13 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 18.27 |
| P/OCF Ratio | 16.84 |
| PEG Ratio | 2.73 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 19.45, with an EV/FCF ratio of 22.54.
| EV / Earnings | 47.30 |
| EV / Sales | 4.31 |
| EV / EBITDA | 19.45 |
| EV / EBIT | 25.37 |
| EV / FCF | 22.54 |
Financial Position
The company has a current ratio of 0.91, with a Debt / Equity ratio of 2.45.
| Current Ratio | 0.91 |
| Quick Ratio | 0.76 |
| Debt / Equity | 2.45 |
| Debt / EBITDA | 4.37 |
| Debt / FCF | 5.53 |
| Interest Coverage | 5.98 |
Financial Efficiency
Return on equity (ROE) is 22.67% and return on invested capital (ROIC) is 7.58%.
| Return on Equity (ROE) | 22.67% |
| Return on Assets (ROA) | 4.81% |
| Return on Invested Capital (ROIC) | 7.58% |
| Return on Capital Employed (ROCE) | 9.81% |
| Revenue Per Employee | $236,922 |
| Profits Per Employee | $21,580 |
| Employee Count | 270,300 |
| Asset Turnover | 0.45 |
| Inventory Turnover | 21.57 |
Taxes
In the past 12 months, IBM has paid $401.00 million in taxes.
| Income Tax | 401.00M |
| Effective Tax Rate | 6.41% |
Stock Price Statistics
The stock price has increased by +26.70% in the last 52 weeks. The beta is 0.68, so IBM's price volatility has been lower than the market average.
| Beta (5Y) | 0.68 |
| 52-Week Price Change | +26.70% |
| 50-Day Moving Average | 273.63 |
| 200-Day Moving Average | 246.72 |
| Relative Strength Index (RSI) | 28.28 |
| Average Volume (20 Days) | 6,790,961 |
Short Selling Information
The latest short interest is 15.62 million, so 1.68% of the outstanding shares have been sold short.
| Short Interest | 15.62M |
| Short Previous Month | 19.28M |
| Short % of Shares Out | 1.68% |
| Short % of Float | 1.68% |
| Short Ratio (days to cover) | 3.19 |
Income Statement
In the last 12 months, IBM had revenue of $64.04 billion and earned $5.83 billion in profits. Earnings per share was $6.18.
| Revenue | 64.04B |
| Gross Profit | 36.87B |
| Operating Income | 10.87B |
| Pretax Income | n/a |
| Net Income | 5.83B |
| EBITDA | 14.18B |
| EBIT | 10.87B |
| Earnings Per Share (EPS) | $6.18 |
Balance Sheet
The company has $15.45 billion in cash and $67.72 billion in debt, giving a net cash position of -$52.27 billion or -$56.11 per share.
| Cash & Cash Equivalents | 15.45B |
| Total Debt | 67.72B |
| Net Cash | -52.27B |
| Net Cash Per Share | -$56.11 |
| Equity (Book Value) | 27.59B |
| Book Value Per Share | 29.53 |
| Working Capital | -3.47B |
Cash Flow
In the last 12 months, operating cash flow was $13.28 billion and capital expenditures -$1.04 billion, giving a free cash flow of $12.24 billion.
| Operating Cash Flow | 13.28B |
| Capital Expenditures | -1.04B |
| Free Cash Flow | 12.24B |
| FCF Per Share | $13.14 |
Margins
Gross margin is 57.57%, with operating and profit margins of 16.98% and 9.11%.
| Gross Margin | 57.57% |
| Operating Margin | 16.98% |
| Pretax Margin | 9.77% |
| Profit Margin | 9.11% |
| EBITDA Margin | 22.15% |
| EBIT Margin | 16.98% |
| FCF Margin | 19.11% |
Dividends & Yields
This stock pays an annual dividend of $6.72, which amounts to a dividend yield of 2.80%.
| Dividend Per Share | $6.72 |
| Dividend Yield | 2.80% |
| Dividend Growth (YoY) | 0.60% |
| Years of Dividend Growth | 29 |
| Payout Ratio | 108.44% |
| Buyback Yield | -1.49% |
| Shareholder Yield | 1.31% |
| Earnings Yield | 2.61% |
| FCF Yield | 5.47% |
Analyst Forecast
The average price target for IBM is $277.36, which is 15.53% higher than the current price. The consensus rating is "Buy".
| Price Target | $277.36 |
| Price Target Difference | 15.53% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
| Revenue Growth Forecast (5Y) | 4.97% |
| EPS Growth Forecast (5Y) | 16.99% |
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 3.12 and a Piotroski F-Score of 5.
| Altman Z-Score | 3.12 |
| Piotroski F-Score | 5 |