International Business Machines IBM
NYSE IBM
$243.24 +9.17 (+3.92%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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