International Business Machines (IBM) EV to EBIT (2009 - 2026)
International Business Machines' (IBM) EV to EBIT came in at 23.12 for Q2 2026, down 17.2% from 27.91 a year earlier but up 21.4% from the prior quarter.
International Business Machines (IBM) EV to EBIT (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to EBIT at International Business Machines was 19.42, down 15.5% year-over-year; for FY2025, it was 24.27, up 7.5% from FY2024.
- Annual EV to EBIT has increased for three consecutive years.
- In prior years, International Business Machines' EV to EBIT was 22.58 in FY2024 (+40.9%), 16.03 in FY2023 (+1.0%), 15.86 in FY2022 (-12.0%) and 18.03 in FY2021 (-22.0%).
- Quarterly EV to EBIT has run from a low of 13.54 in Q3 2022 to a high of 39.03 in Q3 2021 over five years.
- On a year-over-year basis, EV to EBIT increased in six of the last eight quarters, with growth averaging 21.7%.
- The strongest year-over-year quarter for EV to EBIT in the past five years was Q3 2021, with growth of 146.3%; the weakest was Q3 2022, with a decline of 65.3%.
- According to Business Quant data, EV to EBIT for the three prior quarters was 19.04 (Q1 2026), 24.27 (Q4 2025) and 24.45 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,833.59 Bn | 3,756.75 Bn | 60.48 Bn |
| 2 | International Business Machines | 212.47 Bn | 163.37 Bn | 9.91 Bn |
| 3 | Cloudflare | 112.40 Bn | 95.93 Bn | 499.52 Mn |
| 4 | Equinix | 99.47 Bn | 88.02 Bn | 1.40 Bn |
| 5 | Nebius | 60.05 Bn | 33.48 Bn | 448.70 Mn |
| 6 | CoreWeave | 48.26 Bn | 35.35 Bn | 1.70 Bn |
| 7 | Verisign | 25.97 Bn | 23.18 Bn | 384.60 Mn |
| 8 | Nutanix | 18.41 Bn | 10.09 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 16.36 Bn | 9.77 Bn | 613.75 Mn |
| 10 | DigitalOcean Holdings | 14.67 Bn | 12.67 Bn | 154.66 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.12 |
| Mar 31, 2026 | 19.04 |
| Dec 31, 2025 | 24.27 |
| Sep 30, 2025 | 24.45 |
| Jun 30, 2025 | 27.91 |
| Mar 31, 2025 | 24.83 |
| Dec 31, 2024 | 22.58 |
| Sep 30, 2024 | 22.43 |
| Jun 30, 2024 | 16.65 |
| Mar 31, 2024 | 18.41 |
| Dec 31, 2023 | 16.02 |
| Sep 30, 2023 | 14.55 |
| Jun 30, 2023 | 13.90 |
| Mar 31, 2023 | 13.62 |
| Dec 31, 2022 | 15.86 |
| Sep 30, 2022 | 13.54 |
| Jun 30, 2022 | 17.14 |
| Mar 31, 2022 | 16.13 |
| Dec 31, 2021 | 18.03 |
| Sep 30, 2021 | 39.03 |
International Business Machines EV to EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=IBM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "ticker": "IBM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=IBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();