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IBM CIK 0000051143

Source: EDGAR filings · Built 2026-06-02T03:17:23Z

Custom taxonomy namespace: ffd

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Free Cash Flow 11.82B 12.21B 12.61B 9.03B 10.69B 15.55B
Working Capital -1.71B 1.34B -1.21B -2.39B -4.08B -704.00M
Net Debt 51.02B 44.42B 46.87B 46.12B 48.47B 52.95B
Gross Margin 58.19% 56.65% 55.45% 54.00% 54.90% 55.94%
Net Margin 15.69% 9.60% 12.13% 2.71% 10.01% 10.13%
Return on Equity (ROE) 32.45% 22.06% 33.29% 7.47% 30.38% 27.14%
Return on Assets (ROA) 6.97% 4.39% 5.55% 1.29% 4.35% 3.58%
Current Ratio 0.96× 1.04× 0.96× 0.92× 0.88× 0.98×
Debt-to-Equity 1.98× 2.14× 2.66× 2.46× 2.92× 3.21×
Effective Tax Rate -2.34% -3.76% 13.53% -54.15% 2.56% -52.88%
Cash Conversion Ratio 1.25× 2.23× 1.86× 6.37× 2.23× 3.26×
Accruals Ratio -0.02× -0.05× -0.05× -0.07× -0.05× -0.08×
SBC % of Revenue 2.54% 2.09% 1.83% 1.63% 1.71% 1.70%
CapEx Coverage 9.62× 10.87× 10.55× 7.45× 6.08× 6.88×
Free Cash Flow Per Share $12.46 $13.03 $13.68 $9.90 $11.82 $17.35

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 26.52× 34.19× 20.09× 78.27× 21.05× 19.32×
P/FCF 23.77× 16.88× 11.96× 14.23× 11.31× 6.94×
FCF Yield 4.21% 5.93% 8.36% 7.03% 8.84% 14.42%
P/S 4.11× 3.24× 2.42× 2.11× 2.09× 2.04×
P/B 8.50× 7.46× 6.64× 5.82× 6.35× 5.46×

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenues 67.53B 62.75B 61.86B 60.53B 57.35B 55.18B
Cost of Revenue 28.24B 27.20B 27.56B 27.84B 25.86B 24.31B
Gross Profit 39.30B 35.55B 34.30B 32.69B 31.49B 30.86B
Research and Development Expense 8.32B 7.48B 6.78B 6.57B 6.49B 6.26B
Selling, General and Administrative Expense 20.12B 19.69B 19.00B 18.61B 18.75B 20.56B
Income Tax Expense (Benefit) -242.00M -218.00M 1.18B -626.00M 124.00M -1.36B
Net Income (Loss) Attributable to Parent 10.59B 6.02B 7.50B 1.64B 5.74B 5.59B
Earnings Per Share, Basic $11.36 $6.53 $8.23 $1.82 $6.41 $6.28
Weighted Average Number of Shares Outstanding, Basic 932.29M 921.77M 911.21M 902.66M 895.99M 890.35M
Earnings Per Share, Diluted $11.17 $6.43 $8.14 $1.80 $6.35 $6.23
Weighted Average Number of Shares Outstanding, Diluted 948.68M 937.16M 922.07M 912.27M 904.64M 896.56M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 13.59B 13.95B 13.07B 7.89B 6.65B 13.19B
Assets, Current 36.94B 34.48B 32.91B 29.12B 29.54B 39.16B
Assets 151.88B 137.18B 135.24B 127.24B 132.00B 155.97B
Liabilities, Current 38.66B 33.14B 34.12B 31.50B 33.62B 39.87B
Long-term Debt, Excluding Current Maturities 54.84B 49.88B 50.12B 46.19B 44.92B 54.22B
Liabilities 119.14B 109.78B 112.63B 105.22B 113.00B 135.24B
Stockholders' Equity Attributable to Parent 32.65B 27.31B 22.53B 21.94B 18.90B 20.60B
Common Stock, Shares, Outstanding 936.95M 926.29M 915.01M 906.09M 898.07M 892.65M

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 13.19B 13.45B 13.93B 10.44B 12.80B 18.20B
Payments to Acquire Property, Plant, and Equipment 1.09B 1.05B 1.25B 1.35B 2.06B 2.62B
Net Cash Provided by (Used in) Investing Activities -10.30B -4.94B -7.07B -4.20B -5.97B -3.03B
Net Cash Provided by (Used in) Financing Activities -3.83B -7.08B -1.77B -4.96B -13.35B -9.72B

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

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Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (IBM CIK 0000051143), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.

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