International Business Machines (IBM) Return on Capital Employed (2009 - 2026)

International Business Machines (IBM) has reported Return on Capital Employed for 18 consecutive years, with 9.4% the latest figure, recorded in Q2 2026.

• Quarterly Return on Capital Employed rose 91.0% year-over-year to 9.4% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 9.4% (up 91.0% YoY) and the FY2025 annual result came in at 10.26%, up 212.0% from the prior year.
• Return on Capital Employed declined to 9.4% in Q2 2026 per IBM's latest filing, from 9.96% in the prior quarter.
• Over the last five years, Return on Capital Employed for IBM reached as high as 9.96% in Q1 2026 and fell as low as 7.09% in Q2 2022.
• A 5-year average of 8.48% and a median of 8.22% in 2024 frame the typical range for Return on Capital Employed.
• Annual changes were most pronounced in 2022 — Return on Capital Employed soared 492 bps — and 2023, when it sank 65 bps.
• Year by year, Return on Capital Employed stood at 9.33% in 2022, then slipped by 7 bps to 8.68% in 2023, then declined by 6 bps to 8.17% in 2024, then grew by 20 bps to 9.83% in 2025, then retreated by 4 bps to 9.4% in 2026.
• According to Business Quant data, Return on Capital Employed over the past three periods registered 9.4%, 9.96%, and 9.83% for Q2 2026, Q1 2026, and Q4 2025 respectively.