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