International Business Machines (IBM) Debt Ratio (2009 - 2026)

International Business Machines (IBM) posted quarterly Debt Ratio of 0.41 for Q2 2026, down 5.62% year-on-year from 0.43 in Q2 2025, and down 4.05% on a QoQ basis from 0.42 in Q1 2026.

International Business Machines (IBM) Debt Ratio (2009 - 2026) Analysis & Trends

International Business Machines (IBM) has reported Debt Ratio for 18 consecutive years, with 0.41 the latest figure, recorded in Q2 2026.

  • Quarterly Debt Ratio fell 5.62% year-over-year to 0.41 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.41 (down 5.62% YoY) and the FY2025 annual result came in at 0.4, up 0.65% from the prior year.
  • Debt Ratio fell to 0.41 in Q2 2026 per IBM's latest filing, from 0.42 in the prior quarter.
  • Over the last five years, Debt Ratio for IBM reached as high as 0.52 in Q4 2022 and fell as low as 0.39 in Q2 2022.
  • A 5-year average of 0.43 and a median of 0.42 in 2026 frame the typical range for Debt Ratio.
  • The largest YoY upside for Debt Ratio was 10.18% in 2023 against a maximum downside of 19.51% in 2023.
  • Year by year, Debt Ratio stood at 0.52 in 2022, then declined by 19.51% to 0.42 in 2023, then dropped by 4.15% to 0.4 in 2024, then grew by 0.65% to 0.4 in 2025, then advanced by 1.04% to 0.41 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.41, 0.42, and 0.4 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 0.41
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 0.07
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn -
5 Cgi 41.25 Bn 40.60 Bn - -
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 0.39
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 0.03
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 0.13
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 0.42
10 Cdw 16.66 Bn 16.08 Bn 1.19 Bn 0.34

Historic Data

Download Data
DateValue
Jun 30, 2026 0.41
Mar 31, 2026 0.42
Dec 31, 2025 0.40
Sep 30, 2025 0.43
Jun 30, 2025 0.43
Mar 31, 2025 0.43
Dec 31, 2024 0.40
Sep 30, 2024 0.42
Jun 30, 2024 0.42
Mar 31, 2024 0.43
Dec 31, 2023 0.42
Sep 30, 2023 0.43
Jun 30, 2023 0.43
Mar 31, 2023 0.44
Dec 31, 2022 0.52
Sep 30, 2022 0.40
Jun 30, 2022 0.39
Mar 31, 2022 0.41
Dec 31, 2021 0.52
Sep 30, 2021 0.38