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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |