International Business Machines (IBM) Interest Coverage Ratio (2009 - 2026)

International Business Machines (IBM) recorded quarterly Interest Coverage Ratio of 3.57 in Q1 2026, down 60.13% quarter-over-quarter from 8.95 in Q4 2025, and up 35.88% on a YoY basis from 2.63 in Q1 2025.

International Business Machines (IBM) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

International Business Machines' Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 3.57 for Q1 2026.

  • In Q1 2026, Interest Coverage Ratio rose 35.88% year-over-year to 3.57; the TTM figure through Mar 2026 stood at 5.81 (up 17.15% YoY), while the FY2025 annual figure was 5.61, up 14.58% from the prior year.
  • Interest Coverage Ratio was 3.57 for Q1 2026 at International Business Machines, down from 8.95 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 10.42 in Q4 2022 to a low of 2.25 in Q1 2024.
  • Historically, Interest Coverage Ratio has averaged 5.36 across 5 years, with a median of 4.84 in 2022.
  • The sharpest annual moves came in 2023 and 2026: Interest Coverage Ratio decreased 23.73% in 2023, then soared 35.88% in 2026.
  • A 5-year view of Interest Coverage Ratio shows it stood at 10.42 in 2022, then retreated by 11.68% to 9.2 in 2023, then retreated by 7.58% to 8.51 in 2024, then advanced by 5.23% to 8.95 in 2025, then plunged by 60.13% to 3.57 in 2026.
  • The last three Interest Coverage Ratio figures came in at 3.57 (Q1 2026), 8.95 (Q4 2025), and 5.14 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn 87.92
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 3.57
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn -11.46
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 39.23
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 120.43
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 2.15
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn -
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn -
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn -
10 Caci International 11.74 Bn 11.58 Bn 797.83 Mn 4.38

Historic Data

Download Data
DateValue
Mar 31, 2026 3.57
Dec 31, 2025 8.95
Sep 30, 2025 5.14
Jun 30, 2025 5.59
Mar 31, 2025 2.63
Dec 31, 2024 8.51
Sep 30, 2024 3.81
Jun 30, 2024 5.09
Mar 31, 2024 2.25
Dec 31, 2023 9.20
Sep 30, 2023 4.56
Jun 30, 2023 4.52
Mar 31, 2023 2.73
Dec 31, 2022 10.42
Sep 30, 2022 4.84
Jun 30, 2022 5.93
Mar 31, 2022 3.41
Dec 31, 2021 9.81
Sep 30, 2021 4.12
Jun 30, 2021 4.85