Growth Metrics

International Business Machines (IBM) Return on Capital Employed (2016 - 2026)

International Business Machines has reported Return on Capital Employed over the past 17 years, most recently at 0.1% for Q4 2025.

  • Quarterly results put Return on Capital Employed at 0.1% for Q4 2025, up 2.0% from a year ago — trailing twelve months through Dec 2025 was 0.1% (up 2.0% YoY), and the annual figure for FY2025 was 0.1%, up 2.0%.
  • Return on Capital Employed for Q4 2025 was 0.1% at International Business Machines, up from 0.09% in the prior quarter.
  • Over the last five years, Return on Capital Employed for IBM hit a ceiling of 0.19% in Q4 2022 and a floor of 0.05% in Q3 2021.
  • Median Return on Capital Employed over the past 5 years was 0.08% (2024), compared with a mean of 0.1%.
  • Biggest five-year swings in Return on Capital Employed: increased 11bps in 2022 and later decreased -11bps in 2023.
  • International Business Machines' Return on Capital Employed stood at 0.14% in 2021, then skyrocketed by 38bps to 0.19% in 2022, then plummeted by -55bps to 0.09% in 2023, then decreased by -6bps to 0.08% in 2024, then grew by 20bps to 0.1% in 2025.
  • The last three reported values for Return on Capital Employed were 0.1% (Q4 2025), 0.09% (Q3 2025), and 0.08% (Q2 2025) per Business Quant data.