international business machines corp. - IBM

IBM

Close Chg Chg %
289.89 8.98 3.10%

Closed Market

298.87

+8.98 (3.10%)

Volume: 3.74M

Last Updated:

Feb 6, 2026, 3:59 PM EDT

Company Overview: international business machines corp. - IBM

IBM Key Data

Open

$292.35

Day Range

290.66 - 299.89

52 Week Range

214.50 - 324.90

Market Cap

$270.19B

Shares Outstanding

934.74M

Public Float

933.84M

Beta

0.68

Rev. Per Employee

N/A

P/E Ratio

25.95

EPS

$11.34

Yield

231.47%

Dividend

$1.68

EX-DIVIDEND DATE

Feb 10, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

5.19M

 

IBM Performance

1 Week
 
-2.53%
 
1 Month
 
-1.74%
 
3 Months
 
-2.43%
 
1 Year
 
18.46%
 
5 Years
 
145.45%
 

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 67.54B
Industry Information Technology Services Net Income 10.59B
Sector Technology Services 2025 Sales Growth 7.62%
Fiscal Year-end 12 / 2026 Employees N/A
View SEC Filings

IBM Valuation

P/E Current 25.953
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 26.518
Price to Sales Ratio 4.161
Price to Book Ratio N/A
Price to Cash Flow Ratio 21.30
Enterprise Value to EBITDA 21.585
Enterprise Value to Sales 4.905
Total Debt to Enterprise Value 0.195

IBM Efficiency

Revenue/Employee N/A
Income Per Employee N/A
Receivables Turnover 3.829
Total Asset Turnover 0.467

IBM Liquidity

Current Ratio 0.928
Quick Ratio 0.896
Cash Ratio 0.374

IBM Profitability

Gross Margin 59.502
Operating Margin 15.288
Pretax Margin 15.293
Net Margin 15.685
Return on Assets 7.314
Return on Equity 35.264
Return on Total Capital 10.869
Return on Invested Capital 12.446

IBM Capital Structure

Total Debt to Total Equity 197.89
Total Debt to Total Capital 66.431
Total Debt to Total Assets 42.538
Long-Term Debt to Equity 175.763
Long-Term Debt to Total Capital 59.003
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for International Business Machines Corp. - IBM

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
60.53B 61.86B 62.75B 67.53B
Sales Growth
+5.54% +2.20% +1.44% +7.62%
Cost of Goods Sold (COGS) incl D&A
29.23B 28.36B 27.63B 27.35B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
4.80B 4.40B 4.67B 5.02B
Depreciation
- 2.41B 2.11B 2.17B
Amortization of Intangibles
- 2.40B 2.29B 2.50B
COGS Growth
+10.12% -2.96% -2.57% -1.03%
Gross Income
31.30B 33.50B 35.12B 40.19B
Gross Income Growth
+1.60% +7.02% +4.84% +14.43%
Gross Profit Margin
+51.71% +54.15% +55.96% +59.50%
2022 2023 2024 2025 5-year trend
SG&A Expense
23.54B 23.00B 24.42B 29.86B
Research & Development
6.27B 6.34B 7.48B 8.32B
Other SG&A
17.27B 16.65B 16.94B 21.54B
SGA Growth
-1.05% -2.30% +6.21% +22.26%
Other Operating Expense
- - - -
-
Unusual Expense
1.57B 2.06B 3.50B (544.00M)
EBIT after Unusual Expense
6.19B 8.44B 7.20B 10.87B
Non Operating Income/Expense
(4.14B) 1.72B 86.00M 1.40B
Non-Operating Interest Income
- 162.00M 670.00M 747.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
873.00M 1.46B 1.47B 1.94B
Interest Expense Growth
-19.76% +67.01% +0.96% +31.45%
Gross Interest Expense
878.00M 1.47B 1.48B 1.94B
Interest Capitalized
- 5.00M 9.00M 12.00M
Pretax Income
1.18B 8.71B 5.81B 10.33B
Pretax Income Growth
-75.78% +640.31% -33.22% +77.64%
Pretax Margin
+1.94% +14.07% +9.26% +15.29%
Income Tax
(626.00M) 1.18B (218.00M) (242.00M)
Income Tax - Current - Domestic
- 575.00M 687.00M (183.00M)
Income Tax - Current - Foreign
- 1.68B 1.59B 2.30B
Income Tax - Deferred - Domestic
- (3.13B) (1.53B) (2.54B)
Income Tax - Deferred - Foreign
- 252.00M 428.00M 203.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
1.80B 7.53B 6.03B 10.57B
Minority Interest Expense
- 20.00M 16.00M 17.00M
Net Income
1.78B 7.51B 6.01B 10.57B
Net Income Growth
-62.17% +321.42% -19.95% +75.74%
Net Margin Growth
+2.95% +12.15% +9.59% +15.65%
Extraordinaries & Discontinued Operations
(143.00M) (12.00M) 8.00M 22.00M
Discontinued Operations
(143.00M) (12.00M) 8.00M 22.00M
Net Income After Extraordinaries
1.64B 7.50B 6.02B 10.59B
Preferred Dividends
- - - -
-
Net Income Available to Common
1.64B 7.50B 6.02B 10.59B
EPS (Basic)
1.8157 8.233 6.5342 11.3622
EPS (Basic) Growth
-71.67% +353.43% -20.63% +73.89%
Basic Shares Outstanding
902.66M 911.21M 921.77M 932.30M
EPS (Diluted)
1.7966 8.136 6.4269 11.17
EPS (Diluted) Growth
-71.70% +352.86% -21.01% +73.80%
Diluted Shares Outstanding
912.27M 922.07M 937.16M 948.70M
EBITDA
12.57B 14.90B 15.36B 15.35B
EBITDA Growth
-6.48% +18.54% +3.11% -0.11%
EBITDA Margin
+20.76% +24.09% +24.48% +22.72%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 329.50
Number of Ratings 22 Current Quarters Estimate 1.903
FY Report Date 03 / 2026 Current Year's Estimate 12.385
Last Quarter’s Earnings 4.52 Median PE on CY Estimate N/A
Year Ago Earnings 11.59 Next Fiscal Year Estimate 13.37
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 17 17 19 19
Mean Estimate 1.90 3.03 12.38 13.37
High Estimates 2.49 3.21 12.76 14.15
Low Estimate 1.76 2.80 12.14 12.86
Coefficient of Variance 11.89 4.04 1.13 2.29

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 11 11 9
OVERWEIGHT 1 1 2
HOLD 7 8 7
UNDERWEIGHT 0 0 1
SELL 3 3 3
MEAN Overweight Overweight Overweight

Insider Actions for International Business Machines Corp. - IBM

Date Name Shares Transaction Value
Oct 3, 2025 Alfred W. Zollar Director 8,764 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 3, 2025 Thomas Buberl Director 13,428 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 3, 2025 David N. Farr Director 22,273 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 3, 2025 Andrew N. Liveris Director 42,628 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 3, 2025 Marianne C. Brown Director 2,947 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 3, 2025 Peter R. Voser Director 30,918 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 3, 2025 Michelle J. Howard Director 15,580 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 3, 2025 Michael E. Miebach Director 3,204 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 3, 2025 Frederick H. Waddell Director 22,563 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 3, 2025 Alex Gorsky Director 32,805 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 3, 2025 Frederick William McNabb Director 15,223 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 3, 2025 Martha E. Pollack Director 16,538 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

IBM announces $150B investment in US

IBM, founded in 1911, is making a major investment in the United States over the next five years, the company announced in a media release on Monday.