International Business Machines Corporation IBM
225.51
(1.55)
(0.68%)
as of 25 Sep
- Market cap
- $214.4B
- P/E
- 19.7×
Follow IBM
Indexes
indicate stock being part of an index,
Growth Flags
show if company had growth for consecutive years,
Insider Buys
alert about insiders buying in the last 12 month
International Business Machines Corporation (IBM) Net margin
International Business Machines Corporation's net margin over the twelve months to 30 June 2026 was 15.5%, down 0.2 percentage points from fiscal 2025 (15.7%). Over the past ten years it has ranged from 2.71% (fiscal 2022) to 16.3% (fiscal 2019); the current reading is higher than 82% of that period. That is above the Information Technology Services industry median of 2.09% and above the Technology sector median of 0.00%.
Net margin, annual
Annual
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | 15.7% | 6.09 |
| FY2024 | 9.60% | (2.53) |
| FY2023 | 12.1% | 9.42 |
| FY2022 | 2.71% | (7.30) |
| FY2021 | 10.0% | (0.12) |
| FY2020 | 10.1% | (6.21) |
| FY2019 | 16.3% | 5.37 |
| FY2018 | 11.0% | 3.70 |
| FY2017 | 7.27% | (7.59) |
| FY2016 | 14.9% | (1.28) |
Quarterly
| Period | Net margin | Change (points) |
|---|---|---|
| Jun 2026 | 12.6% | 4.98 |
| Mar 2026 | 7.64% | (20.81) |
| Dec 2025 | 28.5% | 17.77 |
| Sep 2025 | 10.7% | (2.24) |
| 42 more quarters | Free account |
Against its own ten years
Low 2.71%
High 16.3%
Ten-year median
11.0%
Current reading's percentile
82
Net margin against peers
| Company | Net margin |
|---|---|
| FIS Fidelity National Information Services, Inc. compare | 27.6% |
| INFY American Noble Gas Inc. compare | 16.4% |
| IBM International Business Machines Corporation | 15.5% |
| BR Broadridge Financial Solutions, Inc. compare | 15.0% |
| WIT Wipro Limited compare | 13.9% |
| FISV Fiserv, Inc. compare | 13.4% |
| ACN Accenture PLC compare | 10.7% |
| CTSH Cognizant Technology Solutions Corporation compare | 10.3% |
| CDW CDW Corporation compare | 4.60% |
| Information Technology Services industry median | 2.09% |
| Technology sector median | 0.00% |
| Market median | 0.55% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on IBM
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- 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