International Business Machines Corp

Research International Business Machines Corp (IBM) on Bullrun: valuation model: 18.8% undervalued, market cap USD 213.85B, P/E 20.2, dividend yield 2.9%. Explore financials, valuation history, model signals, and stock context.

Key Metrics

Valuation Snapshot

Bullrun's latest valuation model marks International Business Machines Corp as 18.8% undervalued; latest market cap is USD 213.85B; P/E is 20.2; dividend yield is 2.9%.

Peer valuation comparison

Latest P/E is 20.15x versus a Technology sector median of 28.7x (29.8% below).

Latest dividend yield is 2.92% versus a Technology sector median of 1.8% (62.2% above).

Five-year financial history

YearRevenueNet incomeFree cash flowGross marginDiluted EPSCashTotal debtEquity
FY2025USD 67.54BUSD 10.59BUSD 12.10B58.2%11.17USD 13.59BUSD 61.26BUSD 32.65B
FY2024USD 62.75BUSD 6.02BUSD 12.40B56.7%6.43USD 13.95BUSD 54.97BUSD 27.31B
FY2023USD 61.86BUSD 7.50BUSD 12.69B55.4%8.14USD 13.07BUSD 56.55BUSD 22.53B
FY2022USD 60.53BUSD 1.64BUSD 9.09B54.0%1.8USD 7.89BUSD 50.95BUSD 21.94B

Valuation history

YearSnapshot dateMarket capP/EDividend yieldAnnual dividend/share
20262026-10-12USD 213.85B20.23.0%6.74
20252025-12-31USD 277.53B26.62.3%6.71
20242024-12-31USD 203.63B34.23.0%6.67
20232023-12-29USD 149.34B21.74.1%6.63
20222022-12-30USD 127.38B102.84.7%6.59
20212021-12-31USD 120.04B21.14.7%6.34

Dividend history

Latest trailing dividend snapshot: annual dividend/share 6.74 USD, yield 2.9%.

YearDividends/share
FY20256.71 USD
FY20246.67 USD
FY20236.63 USD
FY20226.59 USD

About International Business Machines Corp

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers hybrid cloud and AI platforms that allow clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.

ETFs that hold International Business Machines Corp

International Business Machines Corp is one of the ten largest holdings of 16 ETFs that investors in Europe can buy. The 8 most traded of them:

ETFWeightTER
Amundi Global Memory Chips UCITS ETF Accumulation2.86%0.45%
iShares MSCI USA Quality Dividend Advanced UCITS ETF USD (Dist)2.32%0.35%
First Trust Cloud Computing UCITS ETF Class A USD Accumulation3.27%0.60%
WisdomTree Quantum Computing UCITS ETF - USD Acc3.46%0.50%
UBS Factor MSCI USA Prime Value Screened UCITS ETF USD dis2.80%0.25%
iShares Quantum Computing UCITS ETF USD (Acc)7.34%0.50%
UBS Factor MSCI USA Prime Value Screened UCITS ETF hEUR acc2.29%0.28%
First Trust Vest S&P 500 Dividend Aristocrats Target Income UCITS B ETF USD Distributing1.60%0.75%

Compare every fund on the same index:

MSCI World ETFs

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Frequently asked questions

Is International Business Machines Corp overvalued or undervalued?

Bullrun's valuation model currently marks International Business Machines Corp as 18.8% undervalued.

What is International Business Machines Corp's market cap?

International Business Machines Corp's market capitalization is USD 213.85B.

What is International Business Machines Corp's P/E ratio?

International Business Machines Corp's price-to-earnings (P/E) ratio is 20.2.

Does International Business Machines Corp pay a dividend?

International Business Machines Corp has a dividend yield of 2.9%.

What does International Business Machines Corp do?

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers hybrid cloud and AI platforms that allow clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.