International Business Machines (IBM) Asset Utilization Ratio (2009 - 2026)
International Business Machines' Asset Utilization Ratio came in at 0.46 for Q3 2026, up 2.6% from 0.44 a year earlier and up 1.5% from the prior quarter.
International Business Machines (IBM) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2025, International Business Machines' Asset Utilization Ratio was 0.47, up 1.4% from FY2024.
- Going back by year, Asset Utilization Ratio was 0.46 in FY2024 (-2.3%), 0.47 in FY2023 (+0.9%), 0.47 in FY2022 (+17.2%) and 0.40 in FY2021 (+11.2%).
- The Q3 2026 figure represents the highest quarterly Asset Utilization Ratio since Q4 2024.
- Year-over-year, Asset Utilization Ratio has increased for three consecutive quarters, with an average decline of 1.2% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q3 2022 (growth of 63.3%), and the weakest in Q2 2025 (a decline of 5.4%).
- Business Quant data shows IBM's Asset Utilization Ratio at 0.45 (Q2 2026), 0.45 (Q1 2026) and 0.45 (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,890.86 Bn | 3,826.35 Bn | 62.56 Bn | 0.45 |
| 2 | International Business Machines | 233.55 Bn | 188.83 Bn | 9.71 Bn | 0.46 |
| 3 | Cloudflare | 109.18 Bn | 91.62 Bn | 557.23 Mn | 0.39 |
| 4 | Equinix | 104.31 Bn | 92.20 Bn | 1.31 Bn | 0.24 |
| 5 | CoreWeave | 29.43 Bn | 14.28 Bn | 2.48 Bn | 0.12 |
| 6 | Nebius | 29.32 Bn | 122.11 Mn | 761.10 Mn | 0.07 |
| 7 | Verisign | 28.11 Bn | 25.46 Bn | 393.20 Mn | 1.12 |
| 8 | Nutanix | 16.34 Bn | 8.02 Bn | 651.35 Mn | 0.67 |
| 9 | GoDaddy | 13.97 Bn | 9.35 Bn | 843.00 Mn | 0.65 |
| 10 | Akamai Technologies | 12.30 Bn | 3.31 Bn | 617.27 Mn | 0.29 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.46 |
| Jun 30, 2026 | 0.45 |
| Mar 31, 2026 | 0.45 |
| Dec 31, 2025 | 0.45 |
| Sep 30, 2025 | 0.44 |
| Jun 30, 2025 | 0.44 |
| Mar 31, 2025 | 0.44 |
| Dec 31, 2024 | 0.46 |
| Sep 30, 2024 | 0.47 |
| Jun 30, 2024 | 0.46 |
| Mar 31, 2024 | 0.46 |
| Dec 31, 2023 | 0.47 |
| Sep 30, 2023 | 0.47 |
| Jun 30, 2023 | 0.46 |
| Mar 31, 2023 | 0.46 |
| Dec 31, 2022 | 0.48 |
| Sep 30, 2022 | 0.48 |
| Jun 30, 2022 | 0.46 |
| Mar 31, 2022 | 0.44 |
| Dec 31, 2021 | 0.42 |
International Business Machines Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=IBM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "IBM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=IBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();