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.
- Revenue
- +4.73%
- EPS
- +24.1%
- Free cash flow
- +31.3%
- Total debt
- +1.11%
Quarter to September 2026, against a year earlier
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International Business Machines Corporation (IBM) Return on equity
International Business Machines Corporation's return on equity over the twelve months to 30 September 2026 was 34.8%, down 0.4 percentage points from fiscal 2025 (35.2%). Over the past ten years it has ranged from 7.99% (fiscal 2022) to 99.8% (fiscal 2015); the current reading is higher than 64% of that period. That is above the Information Technology Services industry median of 0.00% and above the Technology sector median of 0.00%.
Return on equity, annual
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Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 35.2% | 11.14 |
| FY2024 | 24.1% | (9.52) |
| FY2023 | 33.6% | 25.62 |
| FY2022 | 7.99% | (20.93) |
| FY2021 | 28.9% | 2.12 |
| FY2020 | 26.8% | (22.95) |
| FY2019 | 49.8% | (0.62) |
| FY2018 | 50.4% | 18.51 |
| FY2017 | 31.9% | (40.50) |
| FY2016 | 72.4% | (27.42) |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| CDW CDW Corporation compare | 42.5% |
| BR Broadridge Financial Solutions, Inc. compare | 40.2% |
| IBM International Business Machines Corporation | 34.8% |
| INFY American Noble Gas Inc. compare | 29.9% |
| LDOS Leidos Holdings, Inc. compare | 27.9% |
| ACN Accenture PLC compare | 25.8% |
| CTSH Cognizant Technology Solutions Corporation compare | 17.4% |
| WIT Wipro Limited compare | 14.9% |
| FISV Fiserv, Inc. compare | −31.3% |
| Information Technology Services industry median | 0.00% |
| Technology sector median | 0.00% |
| Market median | 0.51% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
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