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INTERNATIONAL BUSINESS MACHINES CORP

INTERNATIONAL BUSINESS MACHINES CORP

IBMNYSE

Information Technology Services • Technology

Current Price
$235.590.00%
Market Cap
$221.96B
Shares Outstanding: 942.13M
Volume
-
Avg Vol (3M): -
Next Earnings
-
52 Week Range
Low: $--High: $--

Comprehensive AI Analysis

Strategic AI Analysis for IBM

Checking whether the approved providers contain enough current financial data for a reliable report.

Summary

Source-linked company research for IBM

Factor Scorecard

Mechanical 0-100 composites from the displayed inputs. Bands and colours are numerical aids, not security ratings or investment actions.

24/31 signals active· low confidence at 77% coverage
Overall Factor Score
6455-69 band
Growth
6455-69 band
Quality
8270-84 band
Valuation
7470-84 band
Financial Health
370-39 band

Latest results at a glance

Insights from the latest company results and reports · filed 22 Jul 2026

  • Quarterly Revenue and Earnings

    Reported EPS of $2.93 per share matched the same-quarter consensus EPS of $2.93 per share.

  • Cash Flow and Dividends

    The company generated $2.6 billion in net cash from operating activities in the second quarter, up $0.9 billion year over year, and returned $1.6 billion to shareholders in dividends.

  • Free Cash Flow Outlook

    The company continues to expect full-year free cash flow to increase by about $1 billion year over year.

  • Mainframe Processor Announcement

    [2026-08-24] IBM unveiled its first dual-architecture mainframe processor to support both IBM and Arm platforms in future IBM Z and LinuxONE systems, as reported by Benzinga.

AI-generated · updated 28 Aug 2026View source filing

Price Chart

NYSE:IBM via TradingView

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Overview

Quarterly income statement data isn't available for this company.

No Data

No annual financial data available.

Financial Fundamentals

Growth, quality, valuation, cash generation, and balance-sheet strength.

Sector: Technology

Growth

TTM revenue plus current, long-term, forward, and accelerating top-line trends.

Revenue
-
Revenue Growth
7.9%
Moderate
Revenue CAGR 3Y
-
Forward Revenue Growth
4.2%
Weak
Revenue Acceleration
5.2%
Improving

Earnings

Trailing EPS, current EPS growth, long-term compounding, surprise, and forward expectations.

EPS (TTM)
11.38
Profitable
EPS Growth
83.9%
Excellent
EPS CAGR 3Y
-
EPS Surprise
-0.1%
In Line
Forward EPS
12.32
Profitable
Fwd Revenue Growth
4.2%
Forward EPS Growth
6.8%
Moderate

Profitability

TTM margin and return metrics that reflect pricing power and business quality.

Gross Margin
58.1%
High
Operating Margin
15.5%
High
Net Margin
15.5%
High
ROE
31.1%
Excellent
ROIC
12.3%
Strong

Cash Flow

TTM free cash flow, growth, margin, and operating-cash conversion quality.

Free Cash Flow
$13.79B
Positive
FCF Growth
12.7%
Moderate
FCF Margin
-
Cash Conversion
1.39x
Excellent

Valuation

Metrics ranked by issuer type, financial state, and input quality.

Growth companyPrimary lens

Forward P/E

Forward P/E is the primary lens because positive expected earnings make the next operating period directly assessable.

Forward P/EPrimary
19.12x
Low
EV / EBITDASupporting
21.35x
High
EV / FCFSupporting
20.07x
Typical
Trailing P/ESupporting
20.70x
Low

Financial Health

Latest-quarter liquidity and leverage checks plus TTM interest coverage.

Current Ratio
0.79x
Risky
Quick Ratio
0.37x
Risky
Debt / Equity
1.80x
High Leverage
Interest Coverage
5.55x
Safe

Shareholder Signals

Capital returns and dilution checks sourced from statements and insider filings.

Dividend Yield
2.8%
Moderate
Payout Ratio
58.8%
Sustainable
Net Insider Buys
+2
Buying

Peer Comparison

TickerPrice
IBMINTERNATIONAL BUSINESS MACHINES CORP
$235.59
Company Profile

About the Company

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers hybrid cloud and AI platforms that allow clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment delivers strategy and technology services and intelligent operations, providing business transformation, technology implementation, managed services, application modernization, and AI-powered solutions. The Infrastructure segment provides on-premises and cloud-based server, and storage solutions, as well as life-cycle services for hybrid cloud infrastructure deployment. The Financing segment offers client and commercial financing, and facilitates IBM clients' acquisition of hardware, software, and services. It operates a data streaming platform. The company has strategic partnerships with various companies, including hyperscalers, service providers, global system integrators, and software and hardware vendors that include Adobe, Amazon Web Services, Microsoft, Oracle, Salesforce, Samsung Electronics and SAP, and others. It also has a strategic collaboration with Arm Holdings plc for the development of new dual-architecture hardware that helps enterprises run future AI and data intensive workloads; strategic partnership with three.ws to advance ai-powered 3d agent technology; and collaboration with Lightwell to help strengthen open source software supply chain. Additionally, it offers operational resilience, logistics, and future-ready technology to the UK Ministry of Defence through Team ORION. The company was formerly known as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.

Next Earnings Date

Oct 21, 2026

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