Shares Outstanding Shares Outstanding n/a Close	929.4M
Shares Change (YoY) Shares Change (YoY) n/a Close	0.94%
Shares Change (QoQ) Shares Change (QoQ) n/a Close	0.28%
Owned by Institutions (%) Owned by Institutions (%) n/a Close	62.21%
Shares Floating Shares Floating n/a Close	928.43M
Failed to Deliver (FTD) Shares Failed to Deliver (FTD) Shares n/a Close	1
FTD / Avg. Volume FTD / Avg. Volume n/a Close	n/a

Short Selling Information

The latest short interest is 19.78M, so 2.13% of the outstanding shares have been sold short.

Short Interest Short Interest n/a Close	19.78M
Short % of Shares Out Short % of Shares Out n/a Close	2.13%
Short % of Float Short % of Float n/a Close	2.37%
Short Ratio (days to cover) Short Ratio (days to cover) n/a Close	5.4

Valuation Ratios

The PE ratio is 34.24 and the forward PE ratio is 24.14. International Business Machines's PEG ratio is -1.66.

PE Ratio PE Ratio n/a Close	34.24
Forward PE Forward PE n/a Close	24.14
PS Ratio PS Ratio n/a Close	3.29
Forward PS Forward PS n/a Close	3.3
PB Ratio PB Ratio n/a Close	7.55
P/FCF Ratio P/FCF Ratio n/a Close	17.54
PEG Ratio PEG Ratio n/a Close	-1.66

Financial Ratio History

Enterprise Valuation

International Business Machines has an Enterprise Value (EV) of 250.69B.

EV / Sales EV / Sales n/a Close	3.99
EV / EBITDA EV / EBITDA n/a Close	20.59
EV / EBIT EV / EBIT n/a Close	18.65
EV / FCF EV / FCF n/a Close	21.32

Financial Position

The company has a current ratio of 1.04, with a Debt / Equity ratio of 2.14.

Current Ratio Current Ratio n/a Close	1.04
Quick Ratio Quick Ratio n/a Close	1
Debt / Equity Debt / Equity n/a Close	2.14
Debt / EBITDA Debt / EBITDA n/a Close	4.8
Debt / FCF Debt / FCF n/a Close	4.97
Interest Coverage Interest Coverage n/a Close	5.88

Financial Efficiency

Return on Equity is 22.06% and Return on Invested Capital is 9.51%.

Return on Equity Return on Equity n/a Close	22.06%
Return on Assets Return on Assets n/a Close	4.39%
Return on Invested Capital Return on Invested Capital n/a Close	9.51%
Revenue Per Employee Revenue Per Employee n/a Close	$232,160.56
Profits Per Employee Profits Per Employee n/a Close	$22,282.65
Employee Count Employee Count n/a Close	270,300
Asset Turnover Asset Turnover n/a Close	0.46
Inventory Turnover Inventory Turnover n/a Close	21.1

Taxes

Income Tax Income Tax n/a Close	-218M
Effective Tax Rate Effective Tax Rate n/a Close	-3.76%

Stock Price Statistics

The stock price has increased by 63.81% in the last 52 weeks. The beta is 0.65, so International Business Machines's price volatility has been higher than the market average.

Beta Beta n/a Close	0.65
52-Week Price Change 52-Week Price Change n/a Close	63.81%
50-Day Moving Average 50-Day Moving Average n/a Close	251.87
200-Day Moving Average 200-Day Moving Average n/a Close	235.41
Relative Strength Index (RSI) Relative Strength Index (RSI) n/a Close	66.81
Average Volume (20 Days) Average Volume (20 Days) n/a Close	4,549,525

Income Statement

In the last 12 months, International Business Machines had revenue of 62.75B and earned 6.02B in profits. Earnings per share was 6.53.

Revenue Revenue n/a Close	62.75B
Gross Profit Gross Profit n/a Close	35.55B
Operating Income Operating Income n/a Close	10.07B
Net Income Net Income n/a Close	6.02B
EBITDA EBITDA n/a Close	12.18B
EBIT EBIT n/a Close	7.51B
Earnings Per Share (EPS) Earnings Per Share (EPS) n/a Close	6.53

Full Income Statement

Balance Sheet

The company has 13.95B in cash and 58.4B in debt, giving a net cash position of -44.45B.

Cash & Cash Equivalents Cash & Cash Equivalents n/a Close	13.95B
Total Debt Total Debt n/a Close	58.4B
Net Cash Net Cash n/a Close	-44.45B
Retained Earnings Retained Earnings n/a Close	151.16B
Total Assets Total Assets n/a Close	145.67B
Working Capital Working Capital n/a Close	230M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 13.45B and capital expenditures -1.69B, giving a free cash flow of 11.76B.

Operating Cash Flow Operating Cash Flow n/a Close	13.45B
Capital Expenditures Capital Expenditures n/a Close	-1.69B
Free Cash Flow Free Cash Flow n/a Close	11.76B
FCF Per Share FCF Per Share n/a Close	12.54

Full Cash Flow Statement

Margins

Gross margin is 56.65%, with operating and profit margins of 16.05% and 9.6%.

Gross Margin Gross Margin n/a Close	56.65%
Operating Margin Operating Margin n/a Close	16.05%
Pretax Margin Pretax Margin n/a Close	9.24%
Profit Margin Profit Margin n/a Close	9.6%
EBITDA Margin EBITDA Margin n/a Close	19.4%
EBIT Margin EBIT Margin n/a Close	16.05%
FCF Margin FCF Margin n/a Close	18.74%

Dividends & Yields

IBM pays an annual dividend of $8.36, which amounts to a dividend yield of 2.68%.

Dividend Per Share Dividend Per Share n/a Close	$8.36
Dividend Yield Dividend Yield n/a Close	2.68%
Dividend Growth (YoY) Dividend Growth (YoY) n/a Close	0.6%
Payout Ratio Payout Ratio n/a Close	140.74%
Earnings Yield Earnings Yield n/a Close	2.92%
FCF Yield FCF Yield n/a Close	5.7%

Dividend Details

Analyst Forecast

The average price target for IBM is $257.5, which is -7.1% lower than the current price. The consensus rating is "Buy".

Price Target Price Target n/a Close	$257.5
Price Target Difference Price Target Difference n/a Close	-7.1%
Analyst Consensus Analyst Consensus n/a Close	Buy
Analyst Count Analyst Count n/a Close	13

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value Lynch Fair Value n/a Close	$32.65
Lynch Upside Lynch Upside n/a Close	-88.22%
Graham Number Graham Number n/a Close	64.84
Graham Upside Graham Upside n/a Close	-76.61%

Stock Splits

The last stock split was on Nov 4, 2021. It was a forward split with a ratio of 523:500.

Last Split Date Last Split Date n/a Close	Nov 4, 2021
Split Type Split Type n/a Close	forward
Split Ratio Split Ratio n/a Close	523:500

Scores

Altman Z-Score Altman Z-Score n/a Close	3.28
Piotroski F-Score Piotroski F-Score n/a Close	5