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

International Business Machines has reported Return on Capital Employed over the past 18 years, most recently at 9.96% for Q1 2026.

  • For Q1 2026, Return on Capital Employed rose 186.0% year-over-year to 9.96%; the TTM value through Mar 2026 reached 9.96%, up 186.0%, while the annual FY2025 figure was 10.26%, 212.0% up from the prior year.
  • Return on Capital Employed for Q1 2026 was 9.96% at International Business Machines, up from 9.83% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 19.11% in Q4 2022 and troughed at 7.09% in Q2 2022.
  • A 5-year average of 9.96% and a median of 8.27% in 2024 define the central range for Return on Capital Employed.
  • Biggest five-year swings in Return on Capital Employed: surged 1001bps in 2022 and later crashed -1043bps in 2023.
  • Year by year, Return on Capital Employed stood at 19.11% in 2022, then plummeted by -55bps to 8.68% in 2023, then decreased by -6bps to 8.17% in 2024, then grew by 20bps to 9.83% in 2025, then grew by 1bps to 9.96% in 2026.
  • Business Quant data shows Return on Capital Employed for IBM at 9.96% in Q1 2026, 9.83% in Q4 2025, and 9.07% in Q3 2025.