international business machines corp. - IBM

IBM

Close Chg Chg %
222.32 0.66 0.30%

Closed Market

222.98

+0.66 (0.30%)

Volume: 5.32M

Last Updated:

Nov 22, 2024, 3:59 PM EDT

Company Overview: international business machines corp. - IBM

IBM Key Data

Open

$223.38

Day Range

220.90 - 227.18

52 Week Range

153.92 - 237.36

Market Cap

$205.64B

Shares Outstanding

924.65M

Public Float

923.77M

Beta

0.70

Rev. Per Employee

N/A

P/E Ratio

32.37

EPS

$6.98

Yield

299.46%

Dividend

$1.67

EX-DIVIDEND DATE

Nov 12, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

4.72M

 

IBM Performance

1 Week
 
8.77%
 
1 Month
 
3.87%
 
3 Months
 
13.70%
 
1 Year
 
43.68%
 
5 Years
 
65.97%
 

IBM Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 22
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 61.86B
Industry Packaged Software Net Income 7.50B
Sector Technology Services 2023 Sales Growth 2.197%
Fiscal Year-end 12 / 2024 Employees 305,300
View SEC Filings

IBM Valuation

P/E Current 32.369
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 20.102
Price to Sales Ratio 2.438
Price to Book Ratio 6.641
Price to Cash Flow Ratio 10.825
Enterprise Value to EBITDA 13.246
Enterprise Value to Sales 3.19
Total Debt to Enterprise Value 0.304

IBM Efficiency

Revenue/Employee 202,620.373
Income Per Employee 24,572.552
Receivables Turnover 4.105
Total Asset Turnover 0.471

IBM Liquidity

Current Ratio 0.935
Quick Ratio 0.901
Cash Ratio 0.395

IBM Profitability

Gross Margin 54.151
Operating Margin 16.979
Pretax Margin 14.074
Net Margin 12.127
Return on Assets 5.725
Return on Equity 33.788
Return on Total Capital 9.111
Return on Invested Capital 10.325

IBM Capital Structure

Total Debt to Total Equity 265.988
Total Debt to Total Capital 72.677
Total Debt to Total Assets 44.317
Long-Term Debt to Equity 233.83
Long-Term Debt to Total Capital 63.89
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for International Business Machines Corp. - IBM

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
73.62B 57.35B 60.53B 61.86B
Sales Growth
-4.57% -22.10% +5.54% +2.20%
Cost of Goods Sold (COGS) incl D&A
38.77B 26.54B 29.23B 28.36B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
6.70B 6.42B 4.80B 4.40B
Depreciation
4.23B 3.89B 2.41B 2.11B
Amortization of Intangibles
2.47B 2.53B 2.40B 2.29B
COGS Growth
-7.17% -31.54% +10.12% -2.96%
Gross Income
34.85B 30.81B 31.30B 33.50B
Gross Income Growth
-1.51% -11.60% +1.60% +7.02%
Gross Profit Margin
+47.34% +53.72% +51.71% +54.15%
2020 2021 2022 2023 5-year trend
SG&A Expense
25.18B 23.79B 23.54B 23.00B
Research & Development
6.04B 6.22B 6.27B 6.34B
Other SG&A
19.14B 17.57B 17.27B 16.65B
SGA Growth
+1.65% -5.52% -1.05% -2.30%
Other Operating Expense
- - - -
-
Unusual Expense
3.30B 801.00M 1.57B 2.06B
EBIT after Unusual Expense
6.38B 6.22B 6.19B 8.44B
Non Operating Income/Expense
(395.00M) (278.00M) (4.14B) 1.72B
Non-Operating Interest Income
105.00M 52.00M 162.00M 670.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
1.32B 1.09B 873.00M 1.46B
Interest Expense Growth
+29.55% -17.82% -19.76% +67.01%
Gross Interest Expense
1.33B 1.09B 878.00M 1.47B
Interest Capitalized
6.00M 3.00M 5.00M 9.00M
Pretax Income
4.66B 4.86B 1.18B 8.71B
Pretax Income Growth
-54.28% +4.23% -75.78% +640.31%
Pretax Margin
+6.33% +8.47% +1.94% +14.07%
Income Tax
(864.00M) 124.00M (626.00M) 1.18B
Income Tax - Current - Domestic
631.00M 535.00M 575.00M 687.00M
Income Tax - Current - Foreign
1.83B 1.34B 1.68B 1.59B
Income Tax - Deferred - Domestic
862.00M (1.73B) (3.13B) (1.53B)
Income Tax - Deferred - Foreign
(4.18B) (25.00M) 252.00M 428.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
5.52B 4.73B 1.80B 7.53B
Minority Interest Expense
22.00M 19.00M 20.00M 16.00M
Net Income
5.50B 4.71B 1.78B 7.51B
Net Income Growth
-41.70% -14.32% -62.17% +321.42%
Net Margin Growth
+7.47% +8.22% +2.95% +12.15%
Extraordinaries & Discontinued Operations
89.00M 1.03B (143.00M) (12.00M)
Discontinued Operations
89.00M 1.03B (143.00M) (12.00M)
Net Income After Extraordinaries
5.59B 5.74B 1.64B 7.50B
Preferred Dividends
- - - -
-
Net Income Available to Common
5.59B 5.74B 1.64B 7.50B
EPS (Basic)
6.2784 6.4097 1.8157 8.233
EPS (Basic) Growth
-40.93% +2.09% -71.67% +353.43%
Basic Shares Outstanding
890.35M 895.99M 902.66M 911.21M
EPS (Diluted)
6.2349 6.3484 1.7966 8.136
EPS (Diluted) Growth
-40.98% +1.82% -71.70% +352.86%
Diluted Shares Outstanding
896.56M 904.64M 912.27M 922.07M
EBITDA
16.37B 13.44B 12.57B 14.90B
EBITDA Growth
-1.83% -17.90% -6.48% +18.54%
EBITDA Margin
+22.24% +23.43% +20.76% +24.09%

Snapshot

Average Recommendation HOLD Average Target Price 227.647
Number of Ratings 22 Current Quarters Estimate 3.801
FY Report Date 12 / 2024 Current Year's Estimate 10.209
Last Quarter’s Earnings 2.30 Median PE on CY Estimate N/A
Year Ago Earnings 9.62 Next Fiscal Year Estimate 10.728
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 16 11 19 18
Mean Estimate 3.80 1.64 10.21 10.73
High Estimates 4.04 2.09 10.42 11.13
Low Estimate 3.71 1.27 10.10 10.33
Coefficient of Variance 2.21 14.24 0.85 2.42

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 8 8 8
OVERWEIGHT 2 2 1
HOLD 8 8 8
UNDERWEIGHT 0 0 2
SELL 4 4 3
MEAN Hold Hold Hold

Insider Actions for International Business Machines Corp. - IBM

Date Name Shares Transaction Value
Jul 4, 2024 Anne E. Robinson Senior Vice President 20,592 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 4, 2024 Anne E. Robinson Senior Vice President 5,648 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 4, 2024 Anne E. Robinson Senior Vice President 28,240 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Peter R. Voser Director 27,956 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Thomas Buberl Director 11,218 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Martha E. Pollack Director 14,868 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Michelle J. Howard Director 13,472 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Frederick William McNabb Director 12,952 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Marianne C. Brown Director 1,090 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Michael E. Miebach Director 1,338 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Alex Gorsky Director 29,655 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Frederick H. Waddell Director 19,933 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Andrew N. Liveris Director 39,320 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Alfred W. Zollar Director 6,711 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 David N. Farr Director 20,409 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 12, 2024 Arvind Krishna Chairman and CEO; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 12, 2024 Arvind Krishna Chairman and CEO; Director 296,180 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 $169.71 per share 50,264,707.80
Jun 12, 2024 James J. Kavanaugh Sr. VP and CFO 126,779 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 12, 2024 James J. Kavanaugh Sr. VP and CFO 124,191 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 $169.71 per share 21,076,454.61
Jun 12, 2024 Arvind Krishna Chairman and CEO; Director 291,869 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 $169.71 per share 49,533,087.99

International Business Machines Corp. in the News