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International Business Machines Corporation valuation and key ratios.

Valuation, profitability, balance-sheet health, and risk metrics for IBM, refreshed each market session.

Section freshness

Price Aug 19, 3:16 PM EDT · Statements Jun 29, 8:00 PM EDT

Key metrics at a glance

The numbers most investors check first

Market cap

$223.20B

P/E (TTM)

21.04

Forward P/E

FCF yield

6.18%

Return on equity

31.13%

Dividend yield

2.91%

Valuation

Market cap
$223.20B
Enterprise value
$272.24B
P/E (TTM)
21.04
Price / sales
3.23
Price / book
6.48
EPS (TTM)
$11.26

Long-run compounding

CAGR since IPO and aggregate price growth.

Adjusted daily closes are annualized over the full price history; dividends are not included in this price-only return view.

CAGR since IPO
9.21%
From first adjusted close on August 21, 2006
Aggregate CAGR
11.96%
1Y, 3Y, 5Y, 10Y blended CAGR
First tracked close
$40.49
August 21, 2006
History span
20 yrs
Aug 21, 2006 to Aug 19, 2026 · 5,030 closes
Latest tracked close
$235.57
August 19, 2026
All-time high
$332.46
June 2, 2026
All-time low
$66.44
November 21, 2008
History source
Long range
Yahoo Finance

Valuation map

P/E (TTM)21.04
Price / sales3.23
Price / book6.48

Risk and scale

Beta (5Y)0.70

Less volatile than the market

Debt / equity1.63
Current ratio0.79

Pro formula stack

Ratios investors search for after the headline quote.

These are TECHi-computed from overview, income statement, balance sheet, and cash-flow rows when market-data sources expose the ingredients.

EV / revenue
3.94
Enterprise value / TTM revenue
FCF yield
6.18%
TTM free cash flow / market cap
FCF / share
$14.64
TTM free cash flow / shares outstanding
Earnings yield
4.75%
Inverse P/E
Rule of 40
21.05%
Revenue growth + FCF margin
CROIC
16.52%
FCF / invested capital
TECHi quality score
4 / 7
7-point profitability, cash, leverage, and trend check

Quality and capital returns

FCF margin19.96%

TTM free cash flow / TTM revenue

FCF conversion1.29

TTM FCF / TTM net income

Gross profit / assets26.39%

Gross-profit productivity screen

Sales yield30.96%

TTM revenue / market cap

Balance-sheet and reinvestment reads

Debt / FCF4.08

Total debt / TTM FCF

R&D / revenue12.67%

Tech-stock reinvestment intensity

CapEx / revenue1.59%

Capital intensity of the business

Distress and optionality read

IBM Altman Z-score needs a fuller balance sheet.

TECHi computes a non-financial-company Altman-style score from working capital, retained earnings, EBIT, market value, liabilities, revenue, and assets. It is not a bankruptcy prediction, but it gives pro readers a fast stress screen that most quote pages do not show beside live valuation metrics.

Net cash / share
$-52.05
Cash minus debt, per share
Working capital
-$7.51B
Current assets minus current liabilities
Debt growth YoY
+1.80%
Latest quarter vs same quarter last year

Valuation read

IBM trades at 21.04× trailing earnings.

A trailing P/E in line with the broad market means IBM is being priced like an average earner. The PEG ratio (—) is the cleaner read here — it tells you how much you're paying per unit of growth.

Profitability

Gross margin
58.10%
Net margin
15.52%
Return on equity
31.13%
Return on assets
7.05%
Debt / equity
1.63
Current ratio
0.79
>1 = covers near-term liabilities
Beta (5Y)
0.70

Margin profile

Gross margin58.10%
Net margin15.52%
Return on equity31.13%

Profitability read

IBM converts 15.5% of revenue into net income.

Margins in the high single-digits to high-teens are the bulk of the index. The differentiated reads here are operating-margin direction (improving = leverage) and ROE — the latter tells you how much equity capital management actually needs.

Per-share & range

Dividend yield
2.91%
Forward yield
Shares outstanding
942.13M
52w high
$332.46
52w low
$199.19

Corporate actions

Stock split history

Adjusted for all historical splits

Latest split
1.05-for-1
November 4, 2021
Split events
1
Latest split date
Nov 4, 2021
DateSplitMultiplier
November 4, 20211.05-for-11.05

Reported fundamentals

Company statistics fields

These figures come from the latest issuer filings and live quote-derived formulas.

Revenue (TTM)
$69.10B
TECHi unified data
Gross profit (TTM)
$40.15B
TECHi unified data
Book value
$36.57
TECHi unified data
Revenue / share
$73.34
TECHi unified data
Earnings growth YoY
-1.73%
TECHi unified data
Revenue growth YoY
1.09%
TECHi unified data
50-day average
$247.43
TECHi unified data
200-day average
$262.96
TECHi unified data

Frequently asked

Common questions.

What is International Business Machines Corporation's market capitalization?

International Business Machines Corporation (IBM) currently shows a fresh market-cap field of $223.2 billion.

What is IBM's P/E ratio?

IBM's available trailing P/E field is 21.04.

Where do TECHi's IBM statistics come from?

The Statistics page uses TECHi's unified market-data layer and omits fields whose winning source is missing or explicitly stale.