International Business Machines (IBM) FCF Payout Ratio (2009 - 2026)

International Business Machines (IBM) has reported FCF Payout Ratio for 18 consecutive years, with 0.67 the latest figure, recorded in Q2 2026.

• Quarterly FCF Payout Ratio fell 35.95% year-over-year to 0.67 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.46 (down 9.7% YoY) and the FY2025 annual result came in at 0.52, up 4.24% from the prior year.
• FCF Payout Ratio improved to 0.67 in Q2 2026 per IBM's latest filing, from 0.32 in the prior quarter.
• Over the last five years, FCF Payout Ratio for IBM reached as high as 1.52 in Q2 2022 and fell as low as 0.32 in Q1 2026.
• A 5-year average of 0.61 and a median of 0.52 in 2022 frame the typical range for FCF Payout Ratio.
• Annual changes were most pronounced in 2022 — FCF Payout Ratio surged 113.3% — and 2023, when it sank 56.18%.
• Year by year, FCF Payout Ratio stood at 0.42 in 2022, then decreased by 13.21% to 0.36 in 2023, then increased by 5.28% to 0.38 in 2024, then advanced by 12.08% to 0.43 in 2025, then jumped by 56.05% to 0.67 in 2026.
• According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.67, 0.32, and 0.43 for Q2 2026, Q1 2026, and Q4 2025 respectively.