International Business Machines Corporation IBM
- Market cap
- $214.4B
- P/E
- 19.7×
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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 June 2026 was 34.5%, down 0.7 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 4.12% and above the Technology sector median of 0.27%.
Return on equity, annual
Annual
| 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 | 44.0% |
| BR Broadridge Financial Solutions, Inc. compare | 40.9% |
| IBM International Business Machines Corporation | 34.5% |
| INFY American Noble Gas Inc. compare | 32.0% |
| ACN Accenture PLC compare | 24.1% |
| FIS Fidelity National Information Services, Inc. compare | 22.3% |
| WIT Wipro Limited compare | 15.0% |
| CTSH Cognizant Technology Solutions Corporation compare | 14.9% |
| FISV Fiserv, Inc. compare | 10.6% |
| Information Technology Services industry median | 4.12% |
| Technology sector median | 0.27% |
| Market median | 1.76% |
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)
More on IBM
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- Free cash flow margin
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- P/B ratio
- Price to free cash flow
- EV/EBITDA
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- Return on assets
- Return on invested capital
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- Current ratio
- Total debt
- Shares outstanding
- Book value per share
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- The full statement