International Business Machines (IBM) Interest Coverage Ratio (2009 - 2026)
International Business Machines (IBM) posted quarterly Interest Coverage Ratio of 2.11 for Q2 2026, down 9.08% year-over-year from 2.32 in Q2 2025, and up 54.79% quarter-over-quarter from 1.36 in Q1 2026.
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 2.11 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio fell 9.08% year-over-year to 2.11; the TTM figure through Jun 2026 stood at 8.95 (up 18.67% YoY), while the FY2025 annual figure was 5.32, up 25.45% from the prior year.
- Interest Coverage Ratio for Q2 2026 stood at 2.11, up from 1.36 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 8.95 in Q4 2025, with the low at 0.67 in Q1 2023.
- The 5-year median for Interest Coverage Ratio is 1.32 (2023), against an average of 2.61.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio tumbled 34.66% in 2024, then jumped 98.35% in 2025.
- International Business Machines' Interest Coverage Ratio stood at 6.55 in 2022, then climbed by 22.13% to 8.0 in 2023, then sank by 34.66% to 5.23 in 2024, then soared by 71.24% to 8.95 in 2025, then plunged by 76.46% to 2.11 in 2026.
- Business Quant data shows IBM's Interest Coverage Ratio at 2.11 in Q2 2026, 1.36 in Q1 2026, and 8.95 in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 5.38 |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 44.95 |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 82.46 |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | 21.76 |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 67.23 |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 2.54 |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | - |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | -8.29 |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | - |
| 10 | Cdw | 16.95 Bn | 16.59 Bn | 1.32 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.11 |
| Mar 31, 2026 | 1.36 |
| Dec 31, 2025 | 8.95 |
| Sep 30, 2025 | 2.06 |
| Jun 30, 2025 | 2.32 |
| Mar 31, 2025 | 1.01 |
| Dec 31, 2024 | 5.23 |
| Sep 30, 2024 | 1.04 |
| Jun 30, 2024 | 1.58 |
| Mar 31, 2024 | 0.70 |
| Dec 31, 2023 | 8.00 |
| Sep 30, 2023 | 1.14 |
| Jun 30, 2023 | 1.28 |
| Mar 31, 2023 | 0.67 |
| Dec 31, 2022 | 6.55 |
| Sep 30, 2022 | 1.01 |
| Jun 30, 2022 | 1.23 |
| Mar 31, 2022 | 0.73 |
| Dec 31, 2021 | 9.81 |
| Sep 30, 2021 | 0.83 |