International Business Machines IBM
NYSE IBM
$232.71 -2.18 (-0.93%)
As of: Sep 8, 2026 · 3:38 PM EDT

International Business Machines (IBM) EV to CFO (2009 - 2026)

International Business Machines (IBM) posted EV to CFO of 97.68 for Q2 2026, up 137.16% on a QoQ basis from 41.19 in Q1 2026, and down 35.8% year-over-year from 152.14 in Q2 2025.

Analysis

International Business Machines (IBM) EV to CFO (2009 - 2026) Analysis & Trends

International Business Machines has reported EV to CFO for 18 years, with the latest figure at 97.68 in Q2 2026.

  • On a quarterly basis, EV to CFO fell 35.8% year-over-year to 97.68 in Q2 2026; TTM through Jun 2026 was 17.04, a 12.55% decrease from a year earlier, with the FY2025 full-year figure at 19.7, up 42.1% from the prior year.
  • EV to CFO was 97.68 for Q2 2026 at International Business Machines, up from 41.19 in the prior quarter.
  • The five-year high for EV to CFO was 152.14 in Q2 2025, with the low at 26.9 in Q1 2023.
  • Average EV to CFO over 5 years is 57.72, with a median of 45.98 recorded in 2025.
  • The sharpest annual moves came in 2023 and 2025: EV to CFO plunged 55.83% in 2023, then jumped 119.53% in 2025.
  • Over 5 years, EV to CFO stood at 29.23 in 2022, then advanced by 1.69% to 29.72 in 2023, then soared by 44.86% to 43.06 in 2024, then surged by 49.44% to 64.35 in 2025, then jumped by 51.8% to 97.68 in 2026.
  • The last three EV to CFO figures came in at 97.68 (Q2 2026), 41.19 (Q1 2026), and 64.35 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 3,667.99 Bn 3,535.24 Bn 60.48 Bn
2 International Business Machines 218.96 Bn 207.60 Bn 9.91 Bn
3 Nebius 59.30 Bn 51.26 Bn 448.70 Mn
4 CoreWeave 55.09 Bn 49.56 Bn 1.70 Bn
5 Nutanix 17.94 Bn 15.93 Bn 610.79 Mn
6 DigitalOcean Holdings 13.38 Bn 12.62 Bn 154.66 Mn
7 Kingsoft Cloud Holdings 2.84 Bn 2.14 Bn 68.71 Mn
8 Tuya 1.14 Bn 164.03 Mn 43.05 Mn
9 SharonAI Holdings 1.08 Bn -782.64 Mn 1.17 Mn
10 Backblaze 791.42 Mn 740.04 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 97.68
Mar 31, 2026 41.19
Dec 31, 2025 64.35
Sep 30, 2025 80.62
Jun 30, 2025 152.14
Mar 31, 2025 48.90
Dec 31, 2024 43.06
Sep 30, 2024 65.07
Jun 30, 2024 69.30
Mar 31, 2024 37.52
Dec 31, 2023 29.72
Sep 30, 2023 38.35
Jun 30, 2023 40.06
Mar 31, 2023 26.90
Dec 31, 2022 29.23
Sep 30, 2022 51.43
Jun 30, 2022 90.70
Mar 31, 2022 32.71
Dec 31, 2021 44.32
Sep 30, 2021 40.85