International Business Machines (IBM) FCF Payout Ratio (2009 - 2026)
International Business Machines (IBM) posted FCF Payout Ratio of 0.67 for Q2 2026, up 110.34% on a QoQ basis from 0.32 in Q1 2026, and down 35.95% year-over-year from 1.05 in Q2 2025.
Analysis
International Business Machines (IBM) FCF Payout Ratio (2009 - 2026) Analysis & Trends
International Business Machines has reported FCF Payout Ratio for 18 years, with the latest figure at 0.67 in Q2 2026.
- On a quarterly basis, FCF Payout Ratio fell 35.95% year-over-year to 0.67 in Q2 2026; TTM through Jun 2026 was 0.46, a 9.7% decrease from a year earlier, with the FY2025 full-year figure at 0.52, up 4.24% from the prior year.
- FCF Payout Ratio was 0.67 for Q2 2026 at International Business Machines, up from 0.32 in the prior quarter.
- The five-year high for FCF Payout Ratio was 1.52 in Q2 2022, with the low at 0.32 in Q1 2026.
- Average FCF Payout Ratio over 5 years is 0.61, with a median of 0.52 recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: FCF Payout Ratio surged 113.3% in 2022, then sank 56.18% in 2023.
- Over 5 years, FCF Payout Ratio stood at 0.42 in 2022, then retreated by 13.21% to 0.36 in 2023, then grew by 5.28% to 0.38 in 2024, then gained by 12.08% to 0.43 in 2025, then soared by 56.05% to 0.67 in 2026.
- The last three FCF Payout Ratio figures came in at 0.67 (Q2 2026), 0.32 (Q1 2026), and 0.43 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,681.04 Bn | 3,548.29 Bn | 60.48 Bn | 0.34 |
| 2 | International Business Machines | 229.16 Bn | 217.90 Bn | 9.91 Bn | 0.67 |
| 3 | Nebius | 56.81 Bn | 48.77 Bn | 448.70 Mn | - |
| 4 | CoreWeave | 49.03 Bn | 43.49 Bn | 1.70 Bn | - |
| 5 | Nutanix | 17.82 Bn | 15.80 Bn | 610.79 Mn | - |
| 6 | DigitalOcean Holdings | 12.89 Bn | 12.13 Bn | 154.66 Mn | - |
| 7 | Kingsoft Cloud Holdings | 2.97 Bn | 2.28 Bn | 68.71 Mn | - |
| 8 | SharonAI Holdings | 2.13 Bn | 263.45 Mn | 1.17 Mn | - |
| 9 | Tuya | 1.10 Bn | 120.87 Mn | 43.05 Mn | - |
| 10 | Backblaze | 715.48 Mn | 664.10 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.67 |
| Mar 31, 2026 | 0.32 |
| Dec 31, 2025 | 0.43 |
| Sep 30, 2025 | 0.56 |
| Jun 30, 2025 | 1.05 |
| Mar 31, 2025 | 0.38 |
| Dec 31, 2024 | 0.38 |
| Sep 30, 2024 | 0.59 |
| Jun 30, 2024 | 0.83 |
| Mar 31, 2024 | 0.39 |
| Dec 31, 2023 | 0.36 |
| Sep 30, 2023 | 0.55 |
| Jun 30, 2023 | 0.66 |
| Mar 31, 2023 | 0.43 |
| Dec 31, 2022 | 0.42 |
| Sep 30, 2022 | 0.94 |
| Jun 30, 2022 | 1.52 |
| Mar 31, 2022 | 0.50 |
| Dec 31, 2021 | 0.70 |
| Sep 30, 2021 | 0.68 |