IBM
International Business Machines
NYSE: IBM · TECHNOLOGY · INFORMATION TECHNOLOGY SERVICES
$230.98
+1.71% today
Updated 2026-04-30
Market cap
$213.45B
P/E ratio
20.08
P/S ratio
3.10x
EPS (TTM)
$11.31
Dividend yield
2.88%
52W range
$221 – $323
Volume
6.4M
International Business Machines (IBM) Financial statements
SEC filings — annual and quarterly data.
Profit margin
15.60%
Operating margin
13.80%
ROE
35.80%
ROA
5.37%
Debt/equity
2.06x
Margin trends — annual
Gross margin Operating margin Profit margin
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | $91.42B | $9.49B | 41.89% | 13.05% | 10.38% |
| 2007 | $98.79B | $10.42B | 42.24% | 13.68% | 10.55% |
| 2008 | $103.63B | $12.33B | 44.06% | 15.38% | 11.90% |
| 2009 | $95.76B | $13.43B | 45.72% | 17.77% | 14.02% |
| 2010 | $99.87B | $14.83B | 46.07% | 20.01% | 14.85% |
| 2011 | $106.92B | $15.86B | 46.89% | 20.50% | 14.83% |
| 2012 | $102.87B | $16.60B | 48.95% | 22.35% | 16.14% |
| 2013 | $98.37B | $16.48B | 49.49% | 21.86% | 16.76% |
| 2014 | $92.79B | $12.02B | 50.01% | 21.92% | 12.96% |
| 2015 | $81.74B | $13.19B | 49.77% | 20.20% | 16.14% |
| 2016 | $79.92B | $11.87B | 48.19% | 18.36% | 14.85% |
| 2017 | $79.14B | $5.75B | 46.68% | 16.60% | 7.27% |
| 2018 | $79.59B | $8.73B | 46.41% | 16.61% | 10.97% |
| 2019 | $57.71B | $9.43B | 54.64% | 13.06% | 16.34% |
| 2020 | $73.62B | $5.59B | 48.32% | 9.37% | 7.59% |
| 2021 | $57.35B | $5.74B | 54.90% | 11.91% | 10.01% |
| 2022 | $60.53B | $1.64B | 54.00% | 13.50% | 2.71% |
| 2023 | $61.86B | $7.50B | 55.45% | 12.15% | 12.13% |
| 2024 | $62.75B | $6.02B | 56.65% | 16.05% | 9.60% |
| 2025 | $67.53B | $10.59B | 59.50% | 15.29% | 15.69% |