International Business Machines IBM
NYSE IBM
$232.52 -2.37 (-1.01%)
As of: Sep 8, 2026 · 3:48 PM EDT

International Business Machines (IBM) Price to Earnings (2009 - 2026)

International Business Machines (IBM) posted Price to Earnings of 122.37 for Q2 2026, down 34.74% on a QoQ basis from 187.51 in Q1 2026, and down 2.22% year-over-year from 125.16 in Q2 2025.

Analysis

International Business Machines (IBM) Price to Earnings (2009 - 2026) Analysis & Trends

International Business Machines has reported Price to Earnings for 18 years, with the latest figure at 122.37 in Q2 2026.

  • On a quarterly basis, Price to Earnings fell 2.22% year-over-year to 122.37 in Q2 2026; TTM through Jun 2026 was 24.71, a 47.51% decrease from a year earlier, with the FY2025 full-year figure at 26.23, down 22.49% from the prior year.
  • Price to Earnings was 122.37 for Q2 2026 at International Business Machines, down from 187.51 in the prior quarter.
  • The five-year high for Price to Earnings was 218.85 in Q1 2025, with the low at 619.46 in Q3 2024.
  • Average Price to Earnings over 5 years is 60.68, with a median of 89.24 recorded in 2022.
  • The sharpest annual moves came in 2023 and 2024: Price to Earnings surged 323.69% in 2023, then plunged 923.94% in 2024.
  • Over 5 years, Price to Earnings stood at 47.18 in 2022, then fell by 3.34% to 45.6 in 2023, then jumped by 53.4% to 69.95 in 2024, then retreated by 29.06% to 49.63 in 2025, then surged by 146.59% to 122.37 in 2026.
  • The last three Price to Earnings figures came in at 122.37 (Q2 2026), 187.51 (Q1 2026), and 49.63 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 3,667.40 Bn 3,534.65 Bn 60.48 Bn
2 International Business Machines 219.04 Bn 207.68 Bn 9.91 Bn
3 Nebius 58.85 Bn 50.80 Bn 448.70 Mn
4 CoreWeave 55.02 Bn 49.48 Bn 1.70 Bn
5 Nutanix 17.94 Bn 15.92 Bn 610.79 Mn
6 DigitalOcean Holdings 13.27 Bn 12.51 Bn 154.66 Mn
7 Kingsoft Cloud Holdings 2.84 Bn 2.15 Bn 68.71 Mn
8 Tuya 1.14 Bn 160.97 Mn 43.05 Mn
9 SharonAI Holdings 1.08 Bn -786.20 Mn 1.17 Mn
10 Backblaze 787.43 Mn 736.05 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 122.37
Mar 31, 2026 187.51
Dec 31, 2025 49.63
Sep 30, 2025 151.23
Jun 30, 2025 125.16
Mar 31, 2025 218.85
Dec 31, 2024 69.95
Sep 30, 2024 -619.46
Jun 30, 2024 86.87
Mar 31, 2024 109.23
Dec 31, 2023 45.60
Sep 30, 2023 75.18
Jun 30, 2023 77.01
Mar 31, 2023 128.41
Dec 31, 2022 47.18
Sep 30, 2022 -33.61
Jun 30, 2022 91.61
Mar 31, 2022 159.54
Dec 31, 2021 51.52
Sep 30, 2021 105.41