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) Interest Coverage Ratio (2009 - 2026)

International Business Machines (IBM) posted Interest Coverage Ratio of 5.38 for Q2 2026, up 50.77% on a QoQ basis from 3.57 in Q1 2026, and down 3.82% year-over-year from 5.59 in Q2 2025.

Analysis

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

International Business Machines has reported Interest Coverage Ratio for 18 years, with the latest figure at 5.38 in Q2 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 3.82% year-over-year to 5.38 in Q2 2026; TTM through Jun 2026 was 5.76, a 12.75% increase from a year earlier, with the FY2025 full-year figure at 5.61, up 14.58% from the prior year.
  • Interest Coverage Ratio was 5.38 for Q2 2026 at International Business Machines, up from 3.57 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 10.42 in Q4 2022, with the low at 2.25 in Q1 2024.
  • Average Interest Coverage Ratio over 5 years is 5.36, with a median of 4.96 recorded in 2022.
  • The sharpest annual moves came in 2023 and 2026: Interest Coverage Ratio slipped 23.73% in 2023, then jumped 35.88% in 2026.
  • Over 5 years, Interest Coverage Ratio stood at 10.42 in 2022, then decreased by 11.68% to 9.2 in 2023, then decreased by 7.58% to 8.51 in 2024, then climbed by 5.23% to 8.95 in 2025, then sank by 39.89% to 5.38 in 2026.
  • The last three Interest Coverage Ratio figures came in at 5.38 (Q2 2026), 3.57 (Q1 2026), and 8.95 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Microsoft 3,681.04 Bn 3,548.29 Bn 60.48 Bn 48.39
2 International Business Machines 229.16 Bn 217.90 Bn 9.91 Bn 5.38
3 Nebius 56.81 Bn 48.77 Bn 448.70 Mn -1.48
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 3.94
7 Kingsoft Cloud Holdings 2.97 Bn 2.28 Bn 68.71 Mn 0.14
8 SharonAI Holdings 2.13 Bn 263.45 Mn 1.17 Mn -5.47
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 5.38
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