International Business Machines Corp (IBM) stock
Close on Nov 12, 2026Market cap $231.24BP/E 20.9Yield 2.74%
International Business Machines Corp grew revenue 6.8% to $69.87B over the twelve months to Sep 30, 2026. Free cash flow was $14.66B, up 17.5% from a year earlier. At the latest close the market valued the company at $231.24B, 20.9 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $231.24B
- P/E ratio
- 20.9
- Price to sales
- 3.31
- Price to book
- 6.51
- Dividend yield
- 2.74%
- Free cash flow yield
- 6.34%
Fundamentals
- Revenue
- $69.87B
- Net income
- $11.17B
- EPS, diluted
- $11.73
- Free cash flow
- $14.66B
- Book value per share
- $37.27
- Diluted shares
- 954M
Trading
- Next earnings
- Jan 27, 2027 (estimated, after the close)
- Previous close
- $248.22
- Open
- $248.30
- Day's range
- $244.37 – $248.77
- Volume
- 2,816,978
- Average volume (20 days)
- 5,065,775
- Index membership
- S&P 500, Dow Jones Industrial Average, Russell 1000, Russell 3000
- Beta (5 years)
- 0.72
- 52-week range
- $199.19 – $332.46
- RSI (14 days)
- 54.8
- Volatility (1 year)
- 48.3%
- Relative volume
- 0.47×
- WACC
- 7.7%
Index membership is inferred from the holdings of funds that track each index (VOO, IVV, SPYM, UDOW, DDM, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2009, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | IBM | S&P 500 | Difference | IBM per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +7.8% | -2.7% | +10.5 pts | ||
| 3 months | +3.7% | -1.7% | +5.4 pts | ||
| Year to date | -15.7% | +11.9% | −27.6 pts | ||
| 1 year | -20.7% | +12.0% | −32.7 pts | ||
| 3 years | +78.1% | +78.2% | −0.1 pts | +21.2% | +21.2% |
| 5 years | +145.8% | +73.2% | +72.5 pts | +19.7% | +11.6% |
| 10 years | +138.5% | +309.6% | −171.1 pts | +9.1% | +15.1% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Net income
EPS, diluted
Free cash flow
Press releases
Releases International Business Machines filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Results
- Results
- Results
About International Business Machines
Computer & office Equipment
International Business Machines Corporation provides enterprise hybrid cloud platforms and artificial intelligence technologies. The company operates through Software, Consulting, Infrastructure, and Financing segments. It delivers digital transformation software, business and technology consulting, mission-critical server and storage infrastructure, and financing solutions. IBM serves commercial clients across varied industries as well as government entities worldwide.
Company profile, executives and historyInternational Business Machines stock: common questions
What is International Business Machines's stock price?
IBM closed at $244.67 on Nov 12, 2026, down 1.43% on the day. Over the past 52 weeks it traded between $199.19 and $332.46.
What is International Business Machines's market cap?
International Business Machines was worth $231.24B at the close on Nov 12, 2026: the share price times the diluted shares outstanding.
What is IBM's P/E ratio?
IBM trades at 20.9 times earnings, based on diluted earnings per share of $11.73 over the twelve months to Sep 30, 2026.
How much revenue does International Business Machines make?
International Business Machines reported revenue of $69.87B for the twelve months to Sep 30, 2026, up 6.8% from a year earlier.
Does International Business Machines pay a dividend?
Yes. International Business Machines paid $6.71 per share over the last twelve months, a yield of 2.74% at the latest price, and has raised its annual dividend 9 years in a row.
When does International Business Machines report earnings next?
International Business Machines is expected to report Q4 FY2026 results on Jan 27, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.
How has IBM stock performed over the past year?
Including dividends, IBM returned -20.7% over the past year, against +12.0% for the S&P 500.
How many IBM shares are sold short?
18M shares were sold short at the latest FINRA report, 1.89% of the float, or 3.0 days of average trading volume.
Who are International Business Machines's competitors?
Companies most similar to International Business Machines by business, industry and size include HPE, HPQ, DELL, CSCO, SMCI.
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