INTERNATIONAL BUSINESS MACHINES CORPIBM
Market cap
$281.9B
P/E ratio
| Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
| Cash and cash equivalents | 10,661 | 11,922 | 10,412 | 10,716 | 8,476 | 7,686 | 7,826 | 11,972 | 11,379 | 8,172 | 13,212 | 6,650 | 7,886 | 13,068 | 13,947 |
| Restricted cash | - | - | - | - | - | - | - | - | 225 | 141 | 463 | 307 | 103 | 21 | 214 |
| Marketable securities | - | - | - | - | - | - | - | - | - | - | - | 600 | 852 | 373 | 644 |
| Accounts Receivable, after Allowance for Credit Loss, Current | - | 11,179 | 10,667 | 10,465 | 9,090 | 8,333 | 9,182 | 8,928 | 7,432 | 7,870 | 7,132 | 6,754 | 6,541 | 7,214 | 6,804 |
| Held for investment (net of allowances of $109 in 2024 and $129 in 2023) | - | - | - | - | - | - | - | - | - | - | - | - | - | 6,102 | 6,259 |
| Held for sale | - | - | - | - | - | - | - | - | - | - | - | 793 | 939 | 692 | 900 |
| Other Receivables, Net, Current | - | 1,481 | 1,873 | 1,584 | 2,906 | 1,201 | 1,057 | 981 | 743 | 1,733 | 714 | 1,002 | 817 | 640 | 947 |
| Inventory | 2,450 | 2,595 | 2,287 | 2,310 | 2,103 | 1,551 | 1,553 | 1,583 | 1,682 | 1,619 | 1,839 | 1,649 | 1,552 | 1,161 | 1,289 |
| Deferred costs | - | - | - | - | - | - | - | - | 2,300 | 1,896 | 2,107 | 1,097 | 967 | 998 | 959 |
| Prepaid expenses and other current assets | - | 5,249 | 4,024 | 4,488 | 4,967 | 4,205 | 4,564 | 3,942 | 2,378 | 2,101 | 2,206 | 3,466 | 2,611 | 2,639 | 2,520 |
| Total current assets | 48,116 | 50,928 | 49,433 | 51,350 | 49,422 | 42,504 | 43,888 | 49,735 | 49,146 | 38,420 | 39,165 | 29,539 | 29,118 | 32,908 | 34,482 |
| Property, plant and equipment | - | - | - | - | - | - | - | - | - | - | - | - | - | 18,122 | 17,691 |
| Less: Accumulated depreciation | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,621 | 11,959 |
| Property, plant and equipment—net | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,501 | 5,731 |
| Operating right-of-use assets—net | - | - | - | - | - | - | - | - | - | 4,996 | 4,686 | 3,222 | 2,878 | 3,220 | 3,197 |
| Financing Receivable, after Allowance for Credit Loss, Noncurrent | - | 10,776 | 12,812 | 12,755 | 11,109 | 10,013 | 9,021 | 9,550 | 9,148 | 8,712 | 7,086 | 5,425 | 5,806 | 5,766 | 5,353 |
| Prepaid pension assets | - | - | - | - | - | - | - | 4,643 | 4,666 | 6,865 | 7,610 | 9,850 | 8,236 | 7,506 | 7,492 |
| Deferred costs | - | - | - | - | - | - | - | - | 2,676 | 2,472 | 2,449 | 924 | 866 | 842 | 788 |
| Deferred taxes | - | - | - | - | - | - | 5,224 | 4,862 | 5,216 | 5,182 | 9,241 | 7,370 | 6,256 | 6,656 | 6,978 |
| Goodwill | 25,136 | 26,213 | 29,247 | 31,184 | 30,556 | 32,021 | 36,199 | 36,788 | 36,265 | 58,222 | 59,617 | 55,643 | 55,949 | 60,178 | 60,706 |
| Intangible assets—net | - | - | - | - | - | - | 4,688 | 3,742 | 3,087 | 15,235 | 13,796 | 12,511 | 11,184 | 11,036 | 10,660 |
| Investments and sundry assets | - | - | - | - | - | - | 4,585 | 4,919 | 2,386 | 2,074 | 2,282 | 1,823 | 1,617 | 1,626 | 1,787 |
| Total assets | 113,452 | 116,433 | 119,213 | 126,223 | 117,532 | 110,495 | 117,470 | 125,356 | 123,382 | 152,186 | 155,971 | 132,001 | 127,243 | 135,241 | 137,175 |
| Taxes | 4,216 | 3,313 | 4,948 | 4,633 | 5,084 | 2,847 | 3,235 | 4,219 | 3,046 | 2,839 | 3,301 | 2,289 | 2,196 | 2,270 | 2,033 |
| Short-term debt | - | - | - | - | - | - | - | - | - | 8,797 | 7,183 | 6,787 | 4,760 | 6,426 | 5,089 |
| Accounts payable | 7,804 | 8,517 | 7,952 | 7,461 | 6,864 | 6,028 | 6,209 | 6,451 | 6,558 | 4,896 | 4,908 | 3,955 | 4,051 | 4,132 | 4,032 |
| Compensation and benefits | - | - | - | - | - | - | 3,577 | 3,644 | 3,310 | 3,406 | 3,440 | 3,204 | 3,481 | 3,501 | 3,605 |
| Deferred income | 11,580 | 12,197 | 11,952 | 12,557 | 11,877 | 11,021 | 11,035 | 11,552 | - | 12,026 | 12,833 | 12,518 | 12,032 | 13,451 | 13,907 |
| Operating lease liabilities | - | - | - | - | - | - | - | - | - | 1,380 | 1,357 | 974 | 874 | 820 | 768 |
| Other accrued expenses and liabilities | - | - | - | - | - | - | 4,705 | 4,510 | 3,941 | 4,357 | 6,847 | 3,892 | 4,111 | 3,521 | 3,709 |
| Total current liabilities | 40,562 | 42,123 | 43,625 | 40,154 | 39,600 | 34,269 | 36,275 | 37,363 | 38,227 | 37,701 | 39,869 | 33,619 | 31,505 | 34,122 | 33,142 |
| Long-term debt | - | 22,857 | 24,088 | 32,856 | 35,073 | 33,428 | 34,655 | 39,837 | 35,605 | - | - | - | 46,189 | 50,121 | 49,884 |
| Liability, Defined Benefit Plan, Noncurrent | 15,978 | 18,374 | 20,418 | 16,242 | 18,261 | 16,504 | 17,070 | 16,720 | 17,002 | 17,142 | 18,248 | 14,435 | 9,596 | 10,808 | 9,432 |
| Deferred income | 3,666 | 3,847 | 4,491 | 4,108 | 3,691 | 3,771 | 3,600 | 3,746 | - | 3,851 | 4,301 | 3,577 | 3,499 | 3,533 | 3,622 |
| Operating lease liabilities | - | - | - | - | - | - | - | - | - | 3,879 | 3,574 | 2,462 | 2,190 | 2,568 | 2,655 |
| Other liabilities | 8,226 | 8,996 | 7,607 | 9,934 | 8,892 | 8,099 | 7,477 | 9,965 | 12,174 | 14,526 | 14,897 | 13,996 | 12,243 | 11,475 | 11,048 |
| Total liabilities | 90,279 | 96,197 | 100,229 | 103,294 | 105,518 | 96,071 | 99,078 | 107,631 | 106,452 | 131,202 | 135,244 | 113,005 | 105,222 | 112,628 | 109,783 |
| Common stock and additional paid-in capital | 45,418 | 48,129 | 100,220 | 51,594 | 52,666 | 53,262 | 53,935 | 54,566 | 55,151 | 55,895 | 56,556 | 57,319 | 58,343 | 59,643 | 61,380 |
| Retained earnings | 92,532 | 104,857 | 117,641 | 130,042 | 137,793 | 146,124 | 152,759 | 153,126 | 159,206 | 162,954 | 162,717 | 154,209 | 149,825 | 151,276 | 151,163 |
| Treasury stock, at cost (shares: 2024—1,352,874,243; 2023—1,351,897,514) | - | - | - | - | - | - | 159,050 | 163,507 | 168,071 | 169,413 | 169,339 | 169,392 | 169,484 | 169,624 | 169,968 |
| Accumulated other comprehensive income/(loss) | -18,743 | -21,885 | -25,759 | -21,602 | -27,875 | -29,607 | -29,398 | -26,592 | -29,490 | -28,597 | -29,337 | -23,234 | -16,740 | -18,761 | -15,269 |
| Total IBM stockholders' equity | 23,172 | 20,236 | 18,984 | 22,929 | 12,014 | 14,424 | 18,392 | 17,725 | 16,929 | 20,985 | 20,727 | 18,996 | 22,021 | 22,613 | 27,393 |
| Noncontrolling interests | 126 | 97 | 124 | 137 | 146 | 162 | 146 | 131 | 134 | 144 | 129 | 95 | 77 | 80 | 86 |
| Total equity | 23,172 | 20,236 | 18,984 | 22,929 | 12,014 | 14,424 | 18,392 | 17,725 | 16,929 | 20,985 | 20,727 | 18,996 | 22,021 | 22,613 | 27,393 |
| Total liabilities and equity | 113,452 | 116,433 | 119,213 | 126,223 | 117,532 | 110,495 | 117,470 | 125,356 | 123,382 | 152,186 | 155,971 | 132,001 | 127,243 | 135,241 | 137,175 |