International Business Machines IBM
NYSE IBM
$243.24 +9.17 (+3.92%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

International Business Machines (IBM) posted Debt Ratio of 0.45 for Q2 2026, down 7.22% on a QoQ basis from 0.48 in Q1 2026, and down 9.46% year-over-year from 0.49 in Q2 2025.

Analysis

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

International Business Machines has reported Debt Ratio for 18 years, with the latest figure at 0.45 in Q2 2026.

  • On a quarterly basis, Debt Ratio fell 9.46% year-over-year to 0.45 in Q2 2026; TTM through Jun 2026 was 0.45, a 9.46% decrease from a year earlier, with the FY2025 full-year figure at 0.45, up 1.78% from the prior year.
  • Debt Ratio was 0.45 for Q2 2026 at International Business Machines, down from 0.48 in the prior quarter.
  • The five-year high for Debt Ratio was 0.49 in Q2 2025, with the low at 0.44 in Q4 2022.
  • Average Debt Ratio over 5 years is 0.46, with a median of 0.47 recorded in 2022.
  • The sharpest annual moves came in 2022 and 2026: Debt Ratio grew 12.11% in 2022, then declined 9.46% in 2026.
  • Over 5 years, Debt Ratio stood at 0.44 in 2022, then climbed by 6.35% to 0.47 in 2023, then slipped by 5.97% to 0.44 in 2024, then increased by 1.78% to 0.45 in 2025, then retreated by 0.03% to 0.45 in 2026.
  • The last three Debt Ratio figures came in at 0.45 (Q2 2026), 0.48 (Q1 2026), and 0.45 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Microsoft 3,681.04 Bn 3,548.29 Bn 60.48 Bn 0.05
2 International Business Machines 229.16 Bn 217.90 Bn 9.91 Bn 0.45
3 Nebius 56.81 Bn 48.77 Bn 448.70 Mn 0.31
4 CoreWeave 49.03 Bn 43.49 Bn 1.70 Bn 0.05
5 Nutanix 17.82 Bn 15.80 Bn 610.79 Mn -
6 DigitalOcean Holdings 12.89 Bn 12.13 Bn 154.66 Mn 0.39
7 Kingsoft Cloud Holdings 2.97 Bn 2.28 Bn 68.71 Mn 0.15
8 SharonAI Holdings 2.13 Bn 263.45 Mn 1.17 Mn 0.00
9 Tuya 1.10 Bn 120.87 Mn 43.05 Mn -
10 Backblaze 715.48 Mn 664.10 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.45
Mar 31, 2026 0.48
Dec 31, 2025 0.45
Sep 30, 2025 0.49
Jun 30, 2025 0.49
Mar 31, 2025 0.48
Dec 31, 2024 0.44
Sep 30, 2024 0.45
Jun 30, 2024 0.45
Mar 31, 2024 0.47
Dec 31, 2023 0.47
Sep 30, 2023 0.48
Jun 30, 2023 0.49
Mar 31, 2023 0.48
Dec 31, 2022 0.44
Sep 30, 2022 0.45
Jun 30, 2022 0.44
Mar 31, 2022 0.46
Dec 31, 2021 0.44
Sep 30, 2021 0.43