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

International Business Machines' FCF Payout Ratio history runs 18 years deep, the most recent figure standing at 0.32 for Q1 2026.

• In Q1 2026, FCF Payout Ratio fell 14.97% year-over-year to 0.32; the TTM figure through Mar 2026 stood at 0.49 (down 0.76% YoY), while the FY2025 annual figure was 0.52, up 4.24% from the prior year.
• FCF Payout Ratio was 0.32 for Q1 2026 at International Business Machines, down from 0.43 in the prior quarter.
• In the past five years, FCF Payout Ratio ranged from a high of 1.52 in Q2 2022 to a low of 0.32 in Q1 2026.
• Historically, FCF Payout Ratio has averaged 0.61 across 5 years, with a median of 0.5 in 2022.
• The sharpest annual moves came in 2022 and 2023: FCF Payout Ratio jumped 113.3% in 2022, then slumped 56.18% in 2023.
• A 5-year view of FCF Payout Ratio shows it stood at 0.42 in 2022, then fell by 13.21% to 0.36 in 2023, then climbed by 5.28% to 0.38 in 2024, then rose by 12.08% to 0.43 in 2025, then retreated by 25.81% to 0.32 in 2026.
• The last three FCF Payout Ratio figures came in at 0.32 (Q1 2026), 0.43 (Q4 2025), and 0.56 (Q3 2025), per Business Quant data.