International Business Machines (IBM) Debt to Equity (2009 - 2026)

International Business Machines (IBM) recorded quarterly Debt to Equity of $2.01 in Q1 2026, up 7.29% quarter-over-quarter from $1.87 in Q4 2025, and down 14.5% on a YoY basis from $2.35 in Q1 2025.

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

International Business Machines' Debt to Equity history runs 18 years deep, the most recent figure standing at $2.01 for Q1 2026.

  • In Q1 2026, Debt to Equity fell 14.5% year-over-year to $2.01; the TTM figure through Mar 2026 stood at $2.01 (down 14.5% YoY), while the FY2025 annual figure was $1.87, down 6.76% from the prior year.
  • Debt to Equity was $2.01 for Q1 2026 at International Business Machines, up from $1.87 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $2.84 in Q1 2022 to a low of $1.87 in Q4 2025.
  • Historically, Debt to Equity has averaged $2.38 across 5 years, with a median of $2.35 in 2025.
  • The sharpest annual moves came in 2022 and 2024: Debt to Equity advanced 8.28% in 2022, then slipped 19.75% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $2.31 in 2022, then grew by 8.08% to $2.5 in 2023, then retreated by 19.75% to $2.01 in 2024, then decreased by 6.76% to $1.87 in 2025, then climbed by 7.29% to $2.01 in 2026.
  • The last three Debt to Equity figures came in at $2.01 (Q1 2026), $1.87 (Q4 2025), and $2.25 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn -
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 2.01
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn -
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 0.16
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 0.04
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 1.31
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 1.14
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 2.21
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 1.26
10 Caci International 11.74 Bn 11.58 Bn 797.83 Mn 1.21

Historic Data

Download Data
DateValue
Mar 31, 2026 2.01
Dec 31, 2025 1.87
Sep 30, 2025 2.25
Jun 30, 2025 2.33
Mar 31, 2025 2.35
Dec 31, 2024 2.01
Sep 30, 2024 2.31
Jun 30, 2024 2.35
Mar 31, 2024 2.55
Dec 31, 2023 2.50
Sep 30, 2023 2.39
Jun 30, 2023 2.58
Mar 31, 2023 2.71
Dec 31, 2022 2.31
Sep 30, 2022 2.53
Jun 30, 2022 2.58
Mar 31, 2022 2.84
Dec 31, 2021 2.72
Sep 30, 2021 2.40
Jun 30, 2021 2.50