Last Price$250.2(0.9%)
Market Cap$236.6B
LTM Current ratio
1.0x
5Y avg
1.0x
Information Technology Services industry
median
1.5x
Stock quality & Intrinsic value
6/10
(0.2%) overvalued
International Business Machines Corporation Current ratio
Annual
Quarterly
LTM
Industry median
Company stand-alone
Crunching data... Almost there!
| Dec'04 | Dec'05 | Dec'06 | Dec'07 | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.2x | 1.3x | 1.1x | 1.2x | 1.2x | 1.4x | 1.2x | 1.2x | 1.1x | 1.3x | 1.2x | 1.2x | 1.2x | 1.3x | 1.3x | 1.0x | 1.0x | 0.9x | 0.9x | 1.0x |
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International Business Machines Corporation (IBM) Current ratio comparison analysis
General
LTM Current ratio
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
International Business Machines CorporationIBM
1.0x
2.2%
352.2%
12.1%
Median Peer Set
1.4x
1.8%
6.6%
11.4%
Wipro LimitedWIT
2.8x
(3.8%)
(2.6%)
12.3%
Infosys LimitedINFY
2.1x
1.9%
6.9%
17.1%
Cognizant Technology Solutions CorporationCTSH
2.1x
2.0%
7.4%
11.3%
Accenture plcACN
1.5x
1.2%
6.2%
11.2%
Broadridge Financial Solutions, Inc.BR
1.4x
7.4%
10.6%
10.7%
CDW CorporationCDW
1.3x
(10.0%)
(0.5%)
5.2%
CGI Inc.GIB
1.3x
1.7%
(100.0%)
11.5%
Fiserv, Inc.FI
1.1x
7.1%
7.2%
15.3%
Gartner, Inc.IT
1.1x
6.1%
44.3%
20.0%
Fidelity National Information Services, Inc.FIS
0.9x
(32.4%)
(59.3%)
(67.8%)
IBM key stats
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Dec'04 | Dec'05 | Dec'06 | Dec'07 | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 96,293.0 0.0% | 91,134.0 (5.4%) | 91,424.0 0.3% | 98,786.0 8.1% | 103,630.0 4.9% | 95,758.0 (7.6%) | 99,870.0 4.3% | 106,916.0 7.1% | 104,507.0 (2.3%) | 99,751.0 (4.6%) | 92,793.0 (7.0%) | 81,742.0 (11.9%) | 79,920.0 (2.2%) | 79,139.0 (1.0%) | 79,590.0 0.6% | 77,147.0 (3.1%) | 73,620.0 (4.6%) | 57,351.0 (22.1%) | 60,530.0 5.5% | 61,860.0 2.2% |
| Cost of Goods Sold (COGS) | 60,261.0 | 54,602.0 | 53,129.0 | 57,057.0 | 57,969.0 | 51,973.0 | 53,857.0 | 56,778.0 | 54,209.0 | 51,246.0 | 46,386.0 | 41,057.0 | 41,625.0 | 42,913.0 | 42,655.0 | 40,659.0 | 38,045.0 | 25,865.0 | 27,843.0 | 27,560.0 |
% margin | 36,032.0 37.4% | 36,532.0 40.1% | 38,295.0 41.9% | 41,729.0 42.2% | 45,661.0 44.1% | 43,785.0 45.7% | 46,013.0 46.1% | 50,138.0 46.9% | 50,298.0 48.1% | 48,505.0 48.6% | 46,407.0 50.0% | 40,685.0 49.8% | 38,295.0 47.9% | 36,226.0 45.8% | 36,935.0 46.4% | 36,488.0 47.3% | 35,575.0 48.3% | 31,486.0 54.9% | 32,687.0 54.0% | 34,300.0 55.4% |
| Operating Expenses | 25,057.0 | 27,156.0 | 26,366.0 | 28,213.0 | 29,723.0 | 26,773.0 | 27,864.0 | 29,852.0 | 28,730.0 | 28,749.0 | 27,541.0 | 24,763.0 | 25,102.0 | 24,372.0 | 23,651.0 | 25,945.0 | 28,789.0 | 24,621.0 | 24,513.0 | 25,257.0 |
| Research & Development Expenses (R&D) | 5,673.0 | 5,842.0 | 6,107.0 | 6,153.0 | 6,337.0 | 5,820.0 | 6,026.0 | 6,258.0 | 6,302.0 | 6,226.0 | 5,437.0 | 5,247.0 | 5,751.0 | 5,787.0 | 5,379.0 | 5,989.0 | 6,333.0 | 6,488.0 | 6,567.0 | 6,775.0 |
| Selling, General & Administrative Expenses (SG&A) | 19,384.0 | 21,314.0 | 20,259.0 | 22,060.0 | 23,386.0 | 20,521.0 | 21,545.0 | 23,217.0 | 23,174.0 | 22,975.0 | 22,472.0 | 19,894.0 | 20,479.0 | 19,555.0 | 18,863.0 | 20,604.0 | 23,082.0 | 18,745.0 | 18,609.0 | 17,997.0 |
% margin | 10,975.0 11.4% | 9,376.0 10.3% | 11,929.0 13.0% | 13,516.0 13.7% | 15,938.0 15.4% | 17,012.0 17.8% | 18,149.0 18.2% | 20,286.0 19.0% | 21,568.0 20.6% | 19,756.0 19.8% | 18,866.0 20.3% | 15,921.0 19.5% | 13,192.0 16.5% | 11,855.0 15.0% | 13,285.0 16.7% | 11,510.0 14.9% | 5,925.0 8.0% | 5,992.0 10.4% | 2,372.0 3.9% | 9,043.0 14.6% |
| Interest Income | 0.0 | 0.0 | 0.0 | 0.0 | 343.0 | 94.0 | 92.0 | 136.0 | 109.0 | 74.0 | 90.0 | 72.0 | 108.0 | 144.0 | 264.0 | 349.0 | 105.0 | 52.0 | 162.0 | 670.0 |
| Interest Expense | 139.0 | 220.0 | 278.0 | 611.0 | 673.0 | 402.0 | 368.0 | 411.0 | 459.0 | 402.0 | 484.0 | 468.0 | 630.0 | 615.0 | 723.0 | 1,344.0 | 1,288.0 | 1,155.0 | 1,216.0 | 1,607.0 |
| Pre-tax Income | 12,028.0 | 12,226.0 | 13,317.0 | 14,489.0 | 16,715.0 | 18,138.0 | 19,723.0 | 21,003.0 | 21,902.0 | 19,524.0 | 19,986.0 | 15,945.0 | 12,330.0 | 11,400.0 | 11,342.0 | 10,166.0 | 4,637.0 | 4,837.0 | 1,156.0 | 8,690.0 |
% effective tax rate | 3,580.0 29.8% | 4,232.0 34.6% | 3,901.0 29.3% | 4,071.0 28.1% | 4,381.0 26.2% | 4,713.0 26.0% | 4,890.0 24.8% | 5,148.0 24.5% | 5,298.0 24.2% | 3,041.0 15.6% | 4,234.0 21.2% | 2,581.0 16.2% | 449.0 3.6% | 5,642.0 49.5% | 2,619.0 23.1% | 731.0 7.2% | (864.0) (18.6%) | 124.0 2.6% | (626.0) (54.2%) | 1,176.0 13.5% |
% margin | 8,430.0 8.8% | 7,934.0 8.7% | 9,492.0 10.4% | 10,418.0 10.5% | 12,334.0 11.9% | 13,425.0 14.0% | 14,833.0 14.9% | 15,855.0 14.8% | 16,604.0 15.9% | 16,483.0 16.5% | 12,022.0 13.0% | 13,190.0 16.1% | 11,872.0 14.9% | 5,753.0 7.3% | 8,728.0 11.0% | 9,431.0 12.2% | 5,590.0 7.6% | 5,742.0 10.0% | 1,640.0 2.7% | 7,502.0 12.1% |
| EPS | 5.03 | 4.96 | 6.20 | 7.32 | 9.07 | 10.12 | 11.69 | 13.25 | 14.53 | 15.06 | 11.97 | 13.48 | 12.43 | 6.17 | 9.57 | 10.63 | 6.28 | 6.41 | 1.82 | 8.23 |
| Diluted EPS | 4.93 | 4.87 | 6.11 | 7.18 | 8.93 | 10.01 | 11.52 | 13.06 | 14.37 | 14.94 | 11.90 | 13.42 | 12.38 | 6.14 | 9.53 | 10.56 | 6.23 | 6.35 | 1.80 | 8.14 |
% margin | 15,723.0 16.3% | 17,634.0 19.3% | 18,578.0 20.3% | 20,301.0 20.6% | 22,838.0 22.0% | 23,635.0 24.7% | 25,034.0 25.1% | 26,334.0 24.6% | 27,158.0 26.0% | 25,700.0 25.8% | 24,621.0 26.5% | 20,372.0 24.9% | 18,551.0 23.2% | 16,223.0 20.5% | 17,698.0 22.2% | 13,598.0 17.6% | 11,357.0 15.4% | 12,000.0 20.9% | 6,853.0 11.3% | 14,560.0 23.5% |
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FAQ
1) What is International Business Machines Corporation's Current ratio?
As of today, Microsoft Corp's last 12-month Current ratio is 1.0x, based on the financial report for Dec 31, 2024 (Q4’2024). The average annual Current ratio for International Business Machines Corporation have been 1.0x over the past three years, and 1.0x over the past five years.
2) Is International Business Machines Corporation's Current ratio Good?
As of today, International Business Machines Corporation's Current ratio is 1.0x, which is lower than industry median of 1.5x. It indicates that International Business Machines Corporation's Current ratio is Bad.