INTERNATIONAL BUSINESS MACHINES CORP
Company Stats
- Market Cap
- $207.2B
- as of Sep 30, 2026
- Enterprise Value
- $255.9B
- Shares Outstanding
- 945.1M
- Free Float
- 100.0%
Income Statement
- Revenue
- $67.5B
- Net Income
- $10.6B
- Revenue Growth, 3Y
- 3.7%
- FCF Margin, 3Y Avg
- 19.4%
- FCF Margin, Worst Year
- 17.9%
Cash Flow
- Free Cash Flow
- $12.1B
- FCF Yield
- 5.8%
- Owner FCF Yield
- 5.0%
Balance Sheet
- Cash & Equivalents
- $13.6B
- Total Debt
- $62.3B
- Net Debt
- $48.7B
Returns & Capital
- Dividends Paid
- $6.3B
- Dividend Yield
- 3.0%
- Dividend Payout, 3Y Avg
- 80.5%
- SBC, 3Y Avg
- $1.4B
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $67.5B | $12.1B | 17.9% |
| FY2024 | $62.8B | $12.4B | 19.8% |
| FY2023 | $61.9B | $12.7B | 20.5% |
| FY2022 | $60.5B | $9.1B | 15.0% |
| FY2021 | $57.4B | $10.7B | 18.7% |
Annual filing data through FY ended December 31, 2025; shares and float as of November 6, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
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