International Business Machines IBM
NYSE IBM
$220.69 -4.82 (-2.14%)
As of: Sep 28, 2026 · 3:59 PM EDT

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

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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