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| Date | Value |
|---|---|
| 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 |