international business machines corp. - IBM

IBM

Close Chg Chg %
243.66 -15.99 -6.56%

Closed Market

227.67

-15.99 (6.56%)

Volume: 7.41M

Last Updated:

Apr 4, 2025, 3:59 PM EDT

Company Overview: international business machines corp. - IBM

IBM Key Data

Open

$238.87

Day Range

226.88 - 240.16

52 Week Range

162.62 - 266.45

Market Cap

$225.78B

Shares Outstanding

927.26M

Public Float

926.38M

Beta

0.66

Rev. Per Employee

N/A

P/E Ratio

37.89

EPS

$6.53

Yield

274.34%

Dividend

$1.67

EX-DIVIDEND DATE

Feb 10, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

4.95M

 

IBM Performance

1 Week
 
-6.77%
 
1 Month
 
-13.02%
 
3 Months
 
2.17%
 
1 Year
 
20.27%
 
5 Years
 
113.92%
 

IBM Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 23
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 62.75B
Industry Packaged Software Net Income 6.02B
Sector Technology Services 2024 Sales Growth 1.444%
Fiscal Year-end 12 / 2025 Employees 293,400
View SEC Filings

IBM Valuation

P/E Current 37.886
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 34.205
Price to Sales Ratio 3.283
Price to Book Ratio 7.457
Price to Cash Flow Ratio 15.323
Enterprise Value to EBITDA 16.253
Enterprise Value to Sales 3.979
Total Debt to Enterprise Value 0.234

IBM Efficiency

Revenue/Employee 213,882.072
Income Per Employee 20,528.289
Receivables Turnover 4.098
Total Asset Turnover 0.461

IBM Liquidity

Current Ratio 1.011
Quick Ratio 0.973
Cash Ratio 0.447

IBM Profitability

Gross Margin 55.964
Operating Margin 17.045
Pretax Margin 9.265
Net Margin 9.598
Return on Assets 4.416
Return on Equity 24.138
Return on Total Capital 7.019
Return on Invested Capital 7.758

IBM Capital Structure

Total Debt to Total Equity 213.858
Total Debt to Total Capital 68.138
Total Debt to Total Assets 42.57
Long-Term Debt to Equity 192.408
Long-Term Debt to Total Capital 61.304
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for International Business Machines Corp. - IBM

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
57.35B 60.53B 61.86B 62.75B
Sales Growth
-22.10% +5.54% +2.20% +1.44%
Cost of Goods Sold (COGS) incl D&A
26.54B 29.23B 28.36B 27.63B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
6.42B 4.80B 4.40B 4.67B
Depreciation
3.89B 2.41B 2.11B 2.17B
Amortization of Intangibles
2.53B 2.40B 2.29B 2.50B
COGS Growth
-31.54% +10.12% -2.96% -2.57%
Gross Income
30.81B 31.30B 33.50B 35.12B
Gross Income Growth
-11.60% +1.60% +7.02% +4.84%
Gross Profit Margin
+53.72% +51.71% +54.15% +55.96%
2021 2022 2023 2024 5-year trend
SG&A Expense
23.79B 23.54B 23.00B 24.42B
Research & Development
6.22B 6.27B 6.34B 7.48B
Other SG&A
17.57B 17.27B 16.65B 16.94B
SGA Growth
-5.52% -1.05% -2.30% +6.21%
Other Operating Expense
- - - -
-
Unusual Expense
801.00M 1.57B 2.06B 3.50B
EBIT after Unusual Expense
6.22B 6.19B 8.44B 7.20B
Non Operating Income/Expense
(278.00M) (4.14B) 1.72B 86.00M
Non-Operating Interest Income
52.00M 162.00M 670.00M 747.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
1.09B 873.00M 1.46B 1.47B
Interest Expense Growth
-17.82% -19.76% +67.01% +0.96%
Gross Interest Expense
1.09B 878.00M 1.47B 1.48B
Interest Capitalized
3.00M 5.00M 9.00M 12.00M
Pretax Income
4.86B 1.18B 8.71B 5.81B
Pretax Income Growth
+4.23% -75.78% +640.31% -33.22%
Pretax Margin
+8.47% +1.94% +14.07% +9.26%
Income Tax
124.00M (626.00M) 1.18B (218.00M)
Income Tax - Current - Domestic
535.00M 575.00M 687.00M (183.00M)
Income Tax - Current - Foreign
1.34B 1.68B 1.59B 2.30B
Income Tax - Deferred - Domestic
(1.73B) (3.13B) (1.53B) (2.54B)
Income Tax - Deferred - Foreign
(25.00M) 252.00M 428.00M 203.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
4.73B 1.80B 7.53B 6.03B
Minority Interest Expense
19.00M 20.00M 16.00M 17.00M
Net Income
4.71B 1.78B 7.51B 6.01B
Net Income Growth
-14.32% -62.17% +321.42% -19.95%
Net Margin Growth
+8.22% +2.95% +12.15% +9.59%
Extraordinaries & Discontinued Operations
1.03B (143.00M) (12.00M) 8.00M
Discontinued Operations
1.03B (143.00M) (12.00M) 8.00M
Net Income After Extraordinaries
5.74B 1.64B 7.50B 6.02B
Preferred Dividends
- - - -
-
Net Income Available to Common
5.74B 1.64B 7.50B 6.02B
EPS (Basic)
6.4097 1.8157 8.233 6.5342
EPS (Basic) Growth
+2.09% -71.67% +353.43% -20.63%
Basic Shares Outstanding
895.99M 902.66M 911.21M 921.77M
EPS (Diluted)
6.3484 1.7966 8.136 6.4269
EPS (Diluted) Growth
+1.82% -71.70% +352.86% -21.01%
Diluted Shares Outstanding
904.64M 912.27M 922.07M 937.16M
EBITDA
13.44B 12.57B 14.90B 15.36B
EBITDA Growth
-17.90% -6.48% +18.54% +3.11%
EBITDA Margin
+23.43% +20.76% +24.09% +24.48%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 255.412
Number of Ratings 23 Current Quarters Estimate 2.605
FY Report Date 06 / 2025 Current Year's Estimate 10.714
Last Quarter’s Earnings 1.41 Median PE on CY Estimate N/A
Year Ago Earnings 10.33 Next Fiscal Year Estimate 11.434
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 15 15 18 17
Mean Estimate 2.61 2.43 10.71 11.43
High Estimates 2.76 2.70 11.15 12.24
Low Estimate 2.37 1.98 9.66 10.32
Coefficient of Variance 4.42 7.01 3.28 4.23

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 9 9 8
OVERWEIGHT 2 2 2
HOLD 8 8 9
UNDERWEIGHT 1 1 1
SELL 3 3 3
MEAN Overweight Overweight Hold

Insider Actions for International Business Machines Corp. - IBM

Date Name Shares Transaction Value
Apr 2, 2025 Alfred W. Zollar Director 8,027 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 2, 2025 Thomas Buberl Director 12,633 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 2, 2025 David N. Farr Director 21,595 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 2, 2025 Andrew N. Liveris Director 41,425 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 2, 2025 Marianne C. Brown Director 2,283 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 2, 2025 Peter R. Voser Director 29,844 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 2, 2025 Michelle J. Howard Director 14,820 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 2, 2025 Michael E. Miebach Director 2,537 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 2, 2025 Frederick H. Waddell Director 21,611 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 2, 2025 Alex Gorsky Director 31,656 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 2, 2025 Frederick William McNabb Director 14,405 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 2, 2025 Martha E. Pollack Director 15,932 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 7, 2025 Nicolas A. Fehring VP, Controller 12,524 Bona fide gift 0.00
Feb 26, 2025 Arvind Krishna Chairman, President & CEO; Director 330,927 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 26, 2025 Arvind Krishna Chairman, President & CEO; Director 331,397 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 $262.92 per share 87,130,899.24
Feb 26, 2025 Arvind Krishna Chairman, President & CEO; Director 334,466 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 26, 2025 Arvind Krishna Chairman, President & CEO; Director 328,343 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 $262.92 per share 86,327,941.56
Feb 26, 2025 Gary D. Cohn Vice Chairman 88,955 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 26, 2025 Gary D. Cohn Vice Chairman 86,710 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 $262.92 per share 22,797,793.20
Feb 26, 2025 Gary D. Cohn Vice Chairman 87,049 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

International Business Machines Corp. in the News