International Business Machines (IBM) Price to FCF (2009 - 2026)
International Business Machines' (IBM) Price to FCF was 19.21 for Q2 2026, down 14.4% from 22.44 a year earlier but up 8.9% from the prior quarter.
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Analysis
International Business Machines (IBM) Price to FCF (2009 - 2026) Analysis & Trends
For FY2025, Price to FCF at International Business Machines was 22.96, up 39.6% from FY2024.
- By year, Price to FCF came in at 16.44 in FY2024 (+39.1%), 11.82 in FY2023 (-15.9%), 14.06 in FY2022 (+25.6%) and 11.20 in FY2021 (+62.2%).
- Five-year quarterly Price to FCF spans a low of 8.62 in Q3 2021 and a high of 22.96 in Q4 2025.
- Year over year, Price to FCF gained in six of the last eight quarters, with growth averaging 32.6%.
- The high point for year-over-year Price to FCF in five years was Q2 2022 (growth of 88.6%); the low point was Q2 2023 (a decline of 28.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 17.64 (Q1 2026), 22.96 (Q4 2025) and 21.15 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,833.59 Bn | 3,756.75 Bn | 60.48 Bn |
| 2 | International Business Machines | 212.47 Bn | 163.37 Bn | 9.91 Bn |
| 3 | Cloudflare | 112.40 Bn | 95.93 Bn | 499.52 Mn |
| 4 | Equinix | 99.47 Bn | 88.02 Bn | 1.40 Bn |
| 5 | Nebius | 60.05 Bn | 33.48 Bn | 448.70 Mn |
| 6 | CoreWeave | 48.26 Bn | 35.35 Bn | 1.70 Bn |
| 7 | Verisign | 25.97 Bn | 23.18 Bn | 384.60 Mn |
| 8 | Nutanix | 18.41 Bn | 10.09 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 16.36 Bn | 9.77 Bn | 613.75 Mn |
| 10 | DigitalOcean Holdings | 14.67 Bn | 12.67 Bn | 154.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.21 |
| Mar 31, 2026 | 17.64 |
| Dec 31, 2025 | 22.96 |
| Sep 30, 2025 | 21.15 |
| Jun 30, 2025 | 22.44 |
| Mar 31, 2025 | 18.35 |
| Dec 31, 2024 | 16.44 |
| Sep 30, 2024 | 16.31 |
| Jun 30, 2024 | 12.53 |
| Mar 31, 2024 | 13.35 |
| Dec 31, 2023 | 11.82 |
| Sep 30, 2023 | 10.61 |
| Jun 30, 2023 | 11.20 |
| Mar 31, 2023 | 12.40 |
| Dec 31, 2022 | 14.06 |
| Sep 30, 2022 | 14.08 |
| Jun 30, 2022 | 15.56 |
| Mar 31, 2022 | 12.60 |
| Dec 31, 2021 | 11.20 |
| Sep 30, 2021 | 8.62 |
API Access
International Business Machines Price to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-fcf&ticker=IBM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "ticker": "IBM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-fcf&ticker=IBM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();