International Business Machines Corporation IBM
- Market cap
- $214.4B
- P/E
- 19.7×
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International Business Machines Corporation (IBM) EV/Sales
As of 25 September 2026, International Business Machines Corporation (IBM) trades at a EV/Sales of 3.9×. Over the past ten years it has ranged from 1.6× (December 2018) to 5.3× (June 2026); the current reading is higher than 84% of that period. That is above the Information Technology Services industry median of 1.2× and above the Technology sector median of 2.9×.
EV/Sales, daily
Annual
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 4.8× | 23.59% |
| FY2024 | 3.9× | 25.81% |
| FY2023 | 3.1× | 9.58% |
| FY2022 | 2.8× | (1.80%) |
| FY2021 | 2.9× | 2.25% |
| FY2020 | 2.8× | (3.75%) |
| FY2019 | 2.9× | 74.16% |
| FY2018 | 1.7× | (23.08%) |
| FY2017 | 2.2× | (7.04%) |
| FY2016 | 2.3× | 18.78% |
Quarterly
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 4.6× | 12.63% |
| Mar 2026 | 4.1× | (14.42%) |
| Dec 2025 | 4.8× | 0.32% |
| Sep 2025 | 4.8× | (5.50%) |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| CDW CDW Corporation compare | 1.0× |
| CTSH Cognizant Technology Solutions Corporation compare | 1.3× |
| ACN Accenture PLC compare | 1.4× |
| WIT Wipro Limited compare | 1.5× |
| INFY American Noble Gas Inc. compare | 1.9× |
| FISV Fiserv, Inc. compare | 2.5× |
| FIS Fidelity National Information Services, Inc. compare | 2.8× |
| BR Broadridge Financial Solutions, Inc. compare | 3.0× |
| IBM International Business Machines Corporation | 3.9× |
| Information Technology Services industry median | 1.2× |
| Technology sector median | 2.9× |
| Market median | 2.2× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)
More on IBM
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement