Stock IBM IBM
Add to a list
To use this feature you must be a member
Log inSign up

Financials IBM London S.E.

Equities

IBM

US4592001014

IT Services & Consulting

Market Closed - London S.E.
Other stock markets
 11:35:26 2024-07-03 EDT 		After market 13:27:15
119 USD 0.00% Intraday chart for IBM 176.3 +48.18%
07-02 Sector Update: Tech Stocks Higher in Afternoon Trading MT
07-02 Top Midday Stories: Tesla, GM Report Vehicle Deliveries; Biden, Sanders Say Novo Nordisk, Eli Lilly Charge 'Unconscionably' High Prices; Warner Bros. Interested in Deal With Paramount MT

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 118,711 112,166 119,866 127,382 149,341 161,426 - -
Enterprise Value (EV) 1 172,601 159,429 164,013 169,490 192,426 198,316 191,715 187,417
P/E ratio 12.7 x 20.2 x 21 x 78.3 x 20.1 x 20.5 x 19.9 x 18.4 x
Yield 4.8% 5.17% 4.9% 4.63% 4.05% 3.77% 3.83% 3.88%
Capitalization / Revenue 1.54 x 1.52 x 2.09 x 2.1 x 2.41 x 2.56 x 2.44 x 2.34 x
EV / Revenue 2.24 x 2.17 x 2.86 x 2.8 x 3.11 x 3.14 x 2.9 x 2.71 x
EV / EBITDA 9.46 x 10.4 x - 11.5 x 12.5 x 12.5 x 11.5 x 10.4 x
EV / FCF 14.5 x 14.8 x 25.2 x 18.2 x 17.2 x 16.6 x 15.3 x 14.1 x
FCF Yield 6.9% 6.78% 3.97% 5.48% 5.83% 6.03% 6.55% 7.12%
Price to Book 5.71 x 5.44 x 6.34 x 5.8 x 6.64 x 6.19 x 5.4 x 4.75 x
Nbr of stocks (in thousands) 885,637 891,057 896,800 904,126 913,119 918,603 - -
Reference price 2 134.0 125.9 133.7 140.9 163.6 177.3 177.3 177.3
Announcement Date 20-01-21 21-01-21 22-01-24 23-01-25 24-01-24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 77,147 73,620 57,350 60,530 61,860 63,104 66,064 69,044
EBITDA 1 18,246 15,379 - 14,739 15,447 15,804 16,647 17,945
EBIT 1 12,187 8,684 - 9,937 11,052 11,489 12,505 13,434
Operating Margin 15.8% 11.8% - 16.42% 17.87% 18.21% 18.93% 19.46%
Earnings before Tax (EBT) 1 10,166 4,637 4,837 1,156 8,690 8,765 9,804 10,729
Net income 1 9,431 5,590 5,743 1,639 7,502 8,080 8,381 9,119
Net margin 12.22% 7.59% 10.01% 2.71% 12.13% 12.8% 12.69% 13.21%
EPS 2 10.56 6.230 6.350 1.800 8.140 8.640 8.900 9.627
Free Cash Flow 1 11,909 10,805 6,508 9,291 11,210 11,967 12,551 13,338
FCF margin 15.44% 14.68% 11.35% 15.35% 18.12% 18.96% 19% 19.32%
FCF Conversion (EBITDA) 65.27% 70.26% - 63.04% 72.57% 75.73% 75.39% 74.33%
FCF Conversion (Net income) 126.28% 193.29% 113.32% 566.87% 149.43% 148.11% 149.75% 146.28%
Dividend per Share 2 6.430 6.510 6.550 6.520 6.630 6.689 6.783 6.883
Announcement Date 20-01-21 21-01-21 22-01-24 23-01-25 24-01-24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 16,695 14,197 15,535 14,107 16,690 14,252 15,475 14,752 17,381 14,462 15,620 15,073 17,868 14,787 16,131
EBITDA 1 5,013 2,904 3,642 3,130 5,063 2,650 3,632 3,602 5,565 2,759 3,775 3,783 5,269 3,500 3,900
EBIT 1 3,633 1,647 2,397 1,967 3,926 1,576 2,556 2,509 4,413 1,627 2,694 2,711 4,389 1,905 2,640
Operating Margin 21.76% 11.6% 15.43% 13.94% 23.52% 11.06% 16.52% 17.01% 25.39% 11.25% 17.25% 17.99% 24.57% 12.88% 16.37%
Earnings before Tax (EBT) 1 2,869 623 1,722 -4,501 3,312 1,058 2,000 1,873 3,759 1,074 1,891 2,087 3,743 1,150 2,000
Net income 1 2,332 733 1,392 -3,196 2,711 927 1,583 1,704 3,288 1,605 1,667 1,799 3,180 1,124 1,754
Net margin 13.97% 5.16% 8.96% -22.66% 16.24% 6.5% 10.23% 11.55% 18.92% 11.1% 10.67% 11.94% 17.8% 7.6% 10.87%
EPS 2 2.570 0.8100 1.530 -3.540 2.960 1.010 1.720 1.840 3.550 1.720 1.805 1.939 3.427 1.160 1.950
Dividend per Share 2 1.640 1.640 1.650 1.649 1.631 1.650 1.660 - 1.660 - 1.670 1.675 1.675 1.680 1.680
Announcement Date 22-01-24 22-04-19 22-07-18 22-10-19 23-01-25 23-04-19 23-07-19 23-10-25 24-01-24 24-04-24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 53,890 47,263 44,147 42,108 43,085 36,890 30,289 25,991
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.954 x 3.073 x - 2.857 x 2.789 x 2.334 x 1.819 x 1.448 x
Free Cash Flow 1 11,909 10,805 6,508 9,291 11,210 11,967 12,551 13,339
ROE (net income / shareholders' equity) 60.8% 37.5% 36.3% 40.8% 33.8% 38.4% 33.9% 31.2%
ROA (Net income/ Total Assets) 8.3% 5.05% 3.99% 6.42% 5.73% 6.67% 6.89% 7.18%
Assets 1 113,628 110,792 143,989 25,516 131,032 121,174 121,594 126,999
Book Value Per Share 2 23.50 23.10 21.10 24.30 24.60 28.60 32.80 37.40
Cash Flow per Share 2 16.50 20.30 14.10 11.40 15.10 15.00 15.20 15.80
Capex 1 2,370 3,042 2,381 1,860 1,488 1,695 1,815 1,821
Capex / Sales 3.07% 4.13% 4.15% 3.07% 2.41% 2.69% 2.75% 2.64%
Announcement Date 20-01-21 21-01-21 22-01-24 23-01-25 24-01-24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for IBM

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
21
Last Close Price
177.3 USD
Average target price
179.8 USD
Spread / Average Target
+1.43%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other IT Services & Consulting

1st Jan change Capi.
ACCENTURE PLC Stock Accenture plc
-12.87% 190B
TATA CONSULTANCY SERVICES LTD. Stock Tata Consultancy Services Ltd.
+4.53% 174B
AUTOMATIC DATA PROCESSING, INC. Stock Automatic Data Processing, Inc.
+1.69% 96.85B
CROWDSTRIKE HOLDINGS, INC. Stock CrowdStrike Holdings, Inc.
+51.64% 93.71B
RELX PLC Stock RELX PLC
+14.79% 84.42B
INFOSYS LIMITED Stock Infosys Limited
+5.48% 80.43B
HCL TECHNOLOGIES LIMITED Stock HCL Technologies Limited
+1.02% 48.04B
SNOWFLAKE INC. Stock Snowflake Inc.
-28.21% 47.52B
CAPGEMINI SE Stock Capgemini SE
+1.77% 35B
Other IT Services & Consulting
  1. Stock Market
  2. Equities
  3. IBM Stock
  4. IBM Stock
  5. Financials IBM