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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |