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
Net income14,83315,85516,60416,48312,02213,19011,8725,7538,7289,4315,5905,7431,6397,5026,023
Pension Settlement Charge------------5,900-3,100
Depreciation3,6573,5893,3923,3273,1452,6622,8373,0213,1274,2094,2273,8882,4072,1092,168
Amortization of Intangible Assets1,1741,2261,2841,3511,3471,1931,5441,5201,3531,8502,4682,5292,3952,2872,499
Stock-based compensation6296976886145124685445345106799379829871,1331,311
Deferred taxes1,2941,212797-1,610-2371,387-1,132-931853-1,527-3,203-2,001-2,726-1,114-2,330
Net (gain)/loss on divestitures, asset sales and other--------------652
Receivables (including financing receivables)4891,2792,2301,407-1,270-812-712-1,297-1,006-502-5,297-1,372539-725374
Retirement related1,9631,3711,008-29465522-54-1,014-1,368-301-936-1,038-331462-265
Inventory-92163-2805739-13314-18127-67209-138-71-390166
Other assets/other liabilities-94928-7337471,8863,448-282-4,4371,819-858-2,087671115-1,466-1,601
Accounts payable174451-224-529-4568119747126-5031388521365-13
Net cash provided by operating activities19,549-----16,95816,72415,24714,77018,19712,79610,43513,93113,445
Payments for property, plant and equipment4,1854,1084,0823,6233,7403,5793,5673,2293,3952,2862,6182,0621,3461,2451,048
Proceeds from Sale of Productive Assets--------------557
Investment in software------583544569621612706626565637
Purchases of marketable securities and other investments6,1291,5944,1094,6082,3383,0735,9174,9647,0413,6936,2463,5615,93011,1437,762
Proceeds from Sale, Maturity and Collection of Investments7,8773,3453,1424,8732,4932,8425,6923,9106,4873,9615,6183,1474,66510,6476,544
Acquisition of businesses, net of cash acquired5,9221,8113,7223,0566563,3495,67949613932,6303363,2932,3485,0823,289
Divestiture of businesses, net of cash transferred55145992972,357--454-205-1,0765031141,272-4698
Net cash provided by/(used in) investing activities-8,507------10,976-7,096-4,913-26,936-3,028-5,975-4,202-7,070-4,937
Proceeds from new debt8,0559,99612,24216,3538,1805,5409,1329,6436,89131,82510,5045227,8049,5865,705
Payments to settle debt6,5228,9479,54910,0134,6445,6226,3956,8168,53312,94413,3658,5976,8005,0826,615
Short-term borrowings/(repayments) less than 90 days—net------266201,341-2,597-853-40217-730
Common stock repurchases for tax withholdings-------193171272302319407402651
Proceeds from issuance of shares3,7742,4531,5401,074709322204175------745
Financing—other--------111999270176176-145
Cash dividends paid3,1773,4733,7734,0584,2654,8975,2565,5065,6665,7075,7975,8695,9486,0406,147
Net cash provided by/(used in) financing activities-12,429------5,791-6,418-10,4699,042-9,721-13,354-4,958-1,769-7,079
Effect of exchange rate changes on cash, cash equivalents and restricted cash---------495-167-87-185-2449-359
Net change in cash, cash equivalents and restricted cash---------630-3,2905,361-6,7181,0325,1011,071
Income Taxes Paid, Net3,2384,1683,1694,0245,7482,6571,0781,5971,7452,0912,2532,1031,8651,5641,723
Interest paid on debt9519561,0099821,0619951,1581,2081,4231,6851,8301,5121,4011,6681,978