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Saturday 17 October 2026 Export IBM’s income statement to Excel — free account

International Business Machines Corporation

IBM Technology Information Technology Services

International Business Machines Corporation’s revenue for fiscal 2025 (year ended December 2025) was $67.5 billion, up 7.62% from fiscal 2024. In the quarter to June 2026, revenue grew 1.09%, EPS fell 2.54%, free cash flow grew 56.5% and total debt fell 3.39%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones; dividend growth for twenty-five consecutive years, revenue growth for five; insiders bought in the last twelve months.

232.56 1.56 −0.67%
Market cap
$220.6B
P/E
20.3×
Fwd P/E
27.7×
Dividend yield
2.90%
F-score
6/9
Altman Z
3.49
Beneish M
−2.41
Dividend safety
64/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

International Business Machines Corporation (IBM) P/S ratio

Alert me on P/S ratio

As of 16 October 2026, International Business Machines Corporation (IBM) trades at a P/S ratio of 3.2×. Over the past ten years it has ranged from 1.2× (December 2018) to 4.5× (November 2025); the current reading is higher than 85% of that period. That is above the Information Technology Services industry median of 1.1× and above the Technology sector median of 2.7×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 4.1× 26.64%
FY2024 3.2× 35.74%
FY2023 2.4× 12.70%
FY2022 2.1× 1.09%
FY2021 2.1× 7.54%
FY2020 1.9× (1.43%)
FY2019 2.0× 58.19%
FY2018 1.2× (28.36%)
FY2017 1.7× (9.03%)
FY2016 1.9× 21.30%

Quarterly newest first

Period P/S ratio Change
Jun 2026 3.8× 16.04%
Mar 2026 3.3× (19.27%)
Dec 2025 4.1× 1.49%
Sep 2025 4.0× (5.96%)
42 more quarters

Against its own ten years

Low 1.2× High 4.5×
Ten-year median 1.9×
Current reading's percentile 84

P/S ratio against peers

Company P/S ratio
CDW CDW Corporation compare 0.8×
FISV Fiserv, Inc. compare 1.2×
CTSH Cognizant Technology Solutions Corporation compare 1.4×
FIS Fidelity National Information Services, Inc. compare 1.5×
ACN Accenture PLC compare 1.9×
WIT Wipro Limited compare 2.1×
INFY American Noble Gas Inc. compare 2.4×
BR Broadridge Financial Solutions, Inc. compare 2.7×
IBM International Business Machines Corporation 3.2×
Information Technology Services industry median 1.1×
Technology sector median 2.7×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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