International Business Machines Corporation, nicknamed Big Blue, is an American multinational technology company headquartered in Armonk, New York, and present in over 175 countries. It is a publicly traded company and one of the 30 companies in the Dow Jones Industrial Average.
IBM is the largest industrial research organization in the world, with 19 research facilities across a dozen countries; for 29 consecutive years, from 1993 to 2021, it held the record for most annual U.S. patents generated by a business. IBM was founded in 1911 as the Computing-Tabulating-Recording Company, a holding company of manufacturers of record-keeping and measuring systems.
It was renamed “International Business Machines” in 1924 and soon became the leading manufacturer of punch-card tabulating systems. During the 1960s and 1970s, the IBM mainframe, exemplified by the System/360 and its successors, was the world’s dominant computing platform, with the company producing 80 percent of computers in the U.S. and 70 percent of computers worldwide
CEO
Arvind Krishna
FOUNDED
16 June 1911
HEADQUARTERS
Amonk, New York United States
WEBSITE
ibm.com
NUMBER OF EMPLOYEES
270,300
SECTOR
Technology
INDUSTRY
Information Technology Services
Index
DJIA, S&P 500
Market Cap
240.81B
Income
5.47B
Sales
62.83B
Book/sh
28.92
Cash/sh
18.93
Dividend Est.
6.75 (2.60%)
Dividend TTM
6.69 (2.58%)
Dividend Ex-Date
May 09, 2025
Employees
293400
Option/Short
Yes / Yes
Sales Surprise
1.05%
SMA20
0.45%
P/E
44.57
Forward P/E
22.28
PEG
7.07
P/S
3.83
P/B
8.96
P/C
13.69
P/FCF
19.12
Quick Ratio
0.94
Current Ratio
0.98
Debt/Eq
2.49
LT Debt/Eq
2.2
EPS Surprise
12.35%
SMA50
4.90%
EPS (ttm)
5.81
EPS next Y
11.63
EPS next Q
2.65
EPS this Y
5.84%
EPS next Y
6.35%
EPS next 5Y
6.30%
EPS past 5Y
-9.46%
Sales past 5Y
-3.07%
EPS Y/Y TTM
-33.87%
Sales Y/Y TTM
1.23%
EPS Q/Q
-35.10%
Sales Q/Q
0.55%
SMA200
11.89%
Insider Own
0.10%
Insider Trans
-2.65%
Inst Own
63.97%
Inst Trans
1.95%
ROA
3.88%
ROE
21.91%
ROI
6.36%
Gross Margin
55.95%
Oper. Margin
17.72%
Profit Margin
8.71%
Payout
103.78%
Earnings
Apr 23 AMC
Trades
11,816
Shs Outstand
929.40M
Shs Float
928.43M
Short Float
2.29%
Short Ratio
4.55
Short Interest
21.31M
52W Range
163.53 – 269.28
52W High
-3.78%
52W Low
58.44%
RSI (14)
55.17
Recom
2.32
Rel Volume
0.26
Avg Volume
4.68M
Volume
536,864
Perf Week
0.28%
Perf Month
7.15%
Perf Quarter
2.64%
Perf Half Y
14.58%
Perf Year
52.72%
Perf YTD
17.86%
Beta
0.64
ATR (14)
5.56
Volatility
1.26% 1.51%
Target Price
253.56
Prev Close
258.69
Price
259.1
Change
0.16%
Information edited and updated on 30/05/2025
KEY FINANCIALS
Institutional Ownership
VANGUARD GROUP INC
10.04%
BlackRock, Inc.
8.61%
STATE STREET CORP
5.87%
GEODE CAPITAL MANAGEMENT, LLC
2.32%
JPMORGAN CHASE & CO
2.24%
MORGAN STANLEY
1.78%
BANK OF AMERICA CORP /DE/
1.73%
Capital World Investors
1.67%
NORTHERN TRUST CORP
1.16%
UBS AM, (UBS ASSET MANAGEMENT AMERICAS LLC)
0.93%
Insider Trading
Insider Trading Volume
Income Statement
Period
TTM
FY 2024
FY 2023
Period End Date
—
12/31/2024
12/31/2023
Period Length
12 Months
12 Months
12 Months
Total Revenue
62,833.00
62,753.00
61,860.00
Cost of Goods Sold Incl. D&A
27,680.00
27,634.00
28,362.00
Gross Profit
35,153.00
35,119.00
33,498.00
Selling, General and Administrative Excl. Other
24,016.00
24,423.00
22,995.00
Research and Development
7,633.00
7,479.00
6,343.00
Other Operating Expense
0.00
0.00
0.00
Operating Income
11,137.00
10,696.00
10,503.00
Interest Expense
1,694.00
1,472.00
1,458.00
Unusual Expense
2,450.00
3,496.00
2,062.00
Net Income Before Taxes
5,881.00
5,814.00
8,706.00
Income Taxes
386.00
-218.00
1,176.00
Consolidated Net Income
5,494.00
6,032.00
7,530.00
Net Income From Continuing Operations
5,494.00
6,015.00
7,514.00
Net Income
5,473.00
6,023.00
7,502.00
EPS (Recurring)
7.6
9.04
9.7
EPS (Basic, Before Extraordinaries)
5.92
6.53
8.23
EPS (Diluted)
5.81
6.43
8.14
EBITDA
15,850.00
15,363.00
14,899.00
Non-Operating Income (Expense)
-1,113.00
86.00
1,723.00
Other After Tax Adjustments
0.00
0.00
0.00
Stock Option Compensation Expense
849.00
842.00
843.00
Price To Earnings Ratio
44.50
44.50
32.06
Price To Sales Ratio
3.74
3.28
2.44
Gross Margin
55.95
55.96
54.15
Operating Margin
17.72
17.04
16.98
Net Margin
8.71
9.60
12.13
Shares Outstanding
929.40
926.29
915.01
Market Capitalization
240,425.71
240,425.71
203,653.06
values in Millions, USD
Balance Sheet
Period
FY 2024
FY 2023
Period End Date
12/31/2024
12/31/2023
Cash & Short Term Investments
14,805.00
13,462.00
Short Term Receivables
15,313.00
15,068.00
Inventories
1,289.00
1,161.00
Other Current Assets
2,116.00
2,219.00
Total Current Assets
33,523.00
31,910.00
Net Property, Plant & Equipment
8,928.00
8,721.00
Total Investments and Advances
484.00
195.00
Long-Term Note Receivable
5,353.00
5,766.00
Intangible Assets
71,366.00
71,216.00
Deferred Tax Assets
6,978.00
6,656.00
Other Assets
10,543.00
10,777.00
Total Assets
137,175.00
135,241.00
Short Term Debt Incl. Current Port. of LT Debt
5,857.00
7,246.00
Accounts Payable
4,032.00
4,132.00
Income Tax Payable
2,033.00
2,270.00
Other Current Liabilities
21,221.00
20,473.00
Total Current Liabilities
33,143.00
34,121.00
Long Term Debt
52,539.00
52,689.00
Provision for Risks Charges
18,665.00
20,201.00
Deferred Tax Liabilities
815.00
1,146.00
Other Liabilities
4,621.00
4,471.00
Total Liabilities
109,783.00
112,628.00
Non-Equity Reserves
0
0
Preferred Stock – Carrying Value
0
0
Common Equity
27,306.00
22,533.00
Total Shareholders Equity
27,306.00
22,533.00
Accumulated Minority Interest
86.00
80.00
Total Equity
27,392.00
22,613.00
Total Liabilities & Stockholders Equity
137,175.00
135,241.00
Book Value Per Share
29.48
24.63
Tangible Book Value Per Share
-47.57
-53.2
Full-Time Employees
293,400
305,300
Price to Book Ratio
8.94
8.33
Return on Assets
4.42
5.73
Return on Equity
24.14
33.79
Return on Invested Capital
7.54
9.97
Quick Ratio
0.97
0.9
Current Ratio
1.01
0.94
values in Millions, USD
Cash Flow
Period
TTM
FY 2024
FY 2023
Period End Date
—
12/31/2024
12/31/2023
Period Length
12 Months
12 Months
12 Months
Net Income
5,473.00
6,023.00
7,502.00
Depreciation
4,713.00
4,667.00
4,396.00
Other Funds (Non Cash)
4,084.00
3,772.00
963.00
Funds from Operations
11,940.00
12,132.00
11,747.00
Extraordinary Item
0.00
0.00
0.00
Changes in Working Capital
1,707.00
1,313.00
2,184.00
Income Taxes Payable
—
—
—
Cash from Operating Activities
13,647.00
13,445.00
13,931.00
Capital Expenditures
-1,707.00
-1,685.00
-1,810.00
Net Assets From Acquisitions
-10,305.00
-3,289.00
-5,082.00
Sale of Fixed Assets and Businesses
613.00
1,255.00
317.00
Purchase or Sale of Investments
-2,307.00
-1,218.00
-496.00
Purchase of Investments
-9,314.00
-7,762.00
-11,143.00
Sale Or Maturity of Investments
7,007.00
6,544.00
10,647.00
Other Uses
0.00
0.00
0.00
Other Sources
0.00
0.00
1.00
Cash from Investing Activities
-13,706.00
-4,937.00
-7,070.00
Cash Dividends Paid
-6,174.00
-6,147.00
-6,040.00
Change in Capital Stock
961.00
745.00
0.00
Repurchase of Common Pref Stock
0.00
0.00
0.00
Sale of Common Pref Stock
961.00
745.00
0.00
Proceedsfrom Stock Options
961.00
745.00
0.00
Issuance or Reduction of Debt, Net
2,831.00
-880.00
4,497.00
Change in Long Term Debt
2,831.00
-910.00
4,504.00
Issuance of Long Term Debt
8,597.00
5,705.00
9,586.00
Reduction of Long Term Debt
-5,766.00
-6,615.00
-5,082.00
Net Financing Active Other Cash Flow
-1,130.00
-797.00
-226.00
Other Financing Activities Uses
-914.00
-797.00
-402.00
Cash from Financing Activities
-3,513.00
-7,079.00
-1,769.00
Exchange Rate Effect
-32
-358
9
Net Change in Cash
-3,604.00
1,071.00
5,101.00
Free Cash Flow
12,594.00
12,397.00
12,686.00
Preferred Dividends (Cash Flow)
—
0
0
Price to Free Cash Flow
36.62
32.96
22.69
values in Millions, USD
International Business Machines Corporation at a Glance
International Business Machines Corp Financials at a glance including: EPS, Sales, Shares Outstanding, SPY Comparison, Short Interest, Short Interest History, EPS Performance and Forecast, GAAP EPS Performance and Forecast, Revenue Performance and Forecast, Price Reactions to Earnings Reports, Latest Revisions, Revenue by Products and Services, Revenue by Regions, Revenue by Segment, Dividends, and Dividend Payout History.
Please Note: Information edited and updated on 30/05/2025
Index – Major index membership
Market Cap – Market capitalization
Income – Trailing 12 months income
Sales – Trailing 12 months revenue
Book/sh – Most recent quarter book value a share
Cash/sh – Most recent quarter cash per share
Dividend Est. – Analysts’ dividend estimate (fiscal year)
Dividend TTM – Trailing 12-month dividend
Dividend Ex-Date – Ex-dividend date
Employees – Number of full-time employees
Option/Short – Stock has options on a market exchange/stock is available to sell short
Sales Surprise – Last quarter revenue surprise
SMA20 – Stock price distance from 20-day simple moving average
P/E – Price-to-Earnings (trailing 12-months)
Forward P/E – Forward Price-to-Earnings (next fiscal year)
PEG – Price-to-Earnings-to-Growth
P/S – Price-to-Book (most recent quarter)
P/B – Price-to-Book (most recent quarter)
P/C – Price to cash per share (most recent quarter)
P/FCF – Price to Free Cash Flow (trailing 3-months)
Quick Ratio – Quick Ratio (most recent quarter)
Current Ratio – Current Ratio (most recent quarter)
Debt/Eq – Total Debt to Equity (most recent quarter)
LT Debt/Eq – Long Term Debt to Equity (most recent quarter)
EPS Surprise – Last quarter Earnings-Per-Share surprise
SMA50 – Stock price distance from 50-Day Simple Moving Average
EPS (ttm) – Diluted Earnings-Per-Share (trailing 3-months)
EPS next Y – Earnings-Per-Share estimate for next year
EPS next Q – Earnings-Per-Share estimate next quarter
EPS this Y - Earnings-Per-Share growth this year
EPS next Y - Earnings-Per-Share estimate for next year
EPS next 5Y – Long term annual growth estimate (5 years)
EPS past 5Y – Annual Earnings-Per-Share growth past 5 years
Sales past 5Y – Annual sales growth past 5 years
EPS Y/Y TTM – Earnings-Per-Share growth (trailing 3 months)
Sales Y/Y TTM – Sales growth (trailing 3 months)
EPS Q/Q – Quarterly earnings growth (Year-on-Year)
Sales Q/Q – Quarterly revenue growth (Year-on-Year)
SMA200 – Stock price distance from 2-Day Simple Moving Average
Insider Own – Percentage insider ownership of company shares
Insider Trans – Insider transactions (6-month change in Insider Ownership)
Inst Own – Institutional ownership
Inst Trans - Institutional transactions (3-month change in Institutional Ownership)
ROA – Return on Assets (trailing 3-months)
ROE – Return on Equity (trailing 3-months)
ROI – Return on Investment (trailing 3-months)
Gross Margin – Gross Margin (trailing 3-months)
Oper. Margin – Operating Margin (trailing 3-months)
Profit Margin – Net Profit Margin (trailing 3-months)
Payout – Dividend Payout Ratio (trailing 3-months)
Earnings – BMO = Before Market Open / AMC = After Market Close
Shs Outstand – Shares outstanding
Shs Float – Shares float
Short Float – Short interest share
Short Ratio – Short interest ratio
Short Interest – Short interest
52W Range – 52-Week trading range
52W High – Distance from 52-Week High
52W Low - Distance from 52-Week Low
RSI (14) – Relative Strength Index
Perf Week – Performance (Week)
Perf Month – Performance (Month)
Perf Quarter – Performance (Quarter)
Perf Half Y - Performance (Half Year)
Perf Year – (Year)
Perf YTD - Performance (Year-To-Date)
Beta - Beta
ATR (14) – Average True Range
Volatility – Volatility (Week, Month)
Target Price – Analysts’ mean target price
Price – Current stock price
