International Business Machines (IBM) FCF Payout Ratio (2009 - 2026)
International Business Machines (IBM) posted quarterly FCF Payout Ratio of 0.67 for Q2 2026, down 35.95% year-over-year from 1.05 in Q2 2025, and up 110.34% quarter-over-quarter from 0.32 in Q1 2026.
International Business Machines (IBM) FCF Payout Ratio (2009 - 2026) Analysis & Trends
International Business Machines' FCF Payout Ratio history runs 18 years deep, the most recent figure standing at 0.67 for Q2 2026.
- In Q2 2026, FCF Payout Ratio fell 35.95% year-over-year to 0.67; the TTM figure through Jun 2026 stood at 0.46 (down 9.7% YoY), while the FY2025 annual figure was 0.52, up 4.24% from the prior year.
- FCF Payout Ratio for Q2 2026 stood at 0.67, 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.
- The 5-year median for FCF Payout Ratio is 0.52 (2022), against an average of 0.61.
- The sharpest annual moves came in 2022 and 2023: FCF Payout Ratio soared 113.3% in 2022, then sank 56.18% in 2023.
- International Business Machines' FCF Payout Ratio stood at 0.42 in 2022, then declined by 13.21% to 0.36 in 2023, then advanced by 5.28% to 0.38 in 2024, then increased by 12.08% to 0.43 in 2025, then jumped by 56.05% to 0.67 in 2026.
- Business Quant data shows IBM's FCF Payout Ratio at 0.67 in Q2 2026, 0.32 in Q1 2026, and 0.43 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | 0.67 |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 0.28 |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | - |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | -0.06 |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 0.34 |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 0.86 |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | 0.18 |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | 2.44 |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 0.07 |
| 10 | Cdw | 17.49 Bn | 17.13 Bn | 1.32 Bn | -0.97 |
Historic Data
Download 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 |