International Business Machines IBM Peer Comparison

NYSE IBM
$222.62 -3.05 (-1.35%)
At close: Oct 2, 2026 · 4:00 PM EDT
Peer Comparison

101 Comparable Companies

Industry Group Cloud Computing

International Business Machines Corp (IBM) is the 7th largest of 101 Cloud Computing companies by market capitalisation, at 209.74 Bn, behind Alibaba Group Holding at 245.86 Bn. It trades on a P/E of 19.54, 25% below the peer median of 25.91. The table below compares all 101 on 7 financial metrics, including companies with a secondary business in the group.

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# Symbol Company Industry Mkt Cap Price Chg % 1Y P/E P/S Enterprise Value
1 GOOGL 2nd Alphabet Cloud Platforms 4.17 Tn 343.50 +1.56% +39.81% 17.10 9.36 3.93 Tn
2 MSFT Microsoft Cloud Platforms 3.84 Tn 517.53 +0.92% +0.35% 28.75 11.58 3.77 Tn
3 AMZN 2nd Amazon Com Cloud Platforms 2.71 Tn 251.52 +1.33% +13.09% 20.48 3.72 2.23 Tn
4 SOS 2nd Sos Data Centers 832.00 Bn 0.32 +0.00% -84.98% — — —
5 ORCL 2nd Oracle Cloud Platforms 430.98 Bn 142.52 +3.22% -50.65% 22.46 6.00 303.54 Bn
6 BABA 2nd Alibaba Group Holding Cloud Platforms 245.86 Bn 105.86 -1.47% -44.09% 23.34 1.63 63.73 Bn
7 IBM International Business Machines Cloud Platforms 209.74 Bn 222.62 -1.35% -22.36% 19.54 3.04 160.64 Bn
8 SHOP 2nd Shopify Web Hosting and Domains 196.08 Bn 151.39 +1.54% +0.06% 101.70 14.78 173.27 Bn
9 STX 2nd Seagate Technology Holdings Data Centers 192.54 Bn 848.99 -10.21% +233.28% 58.39 15.79 187.54 Bn
10 NET Cloudflare Content Delivery Networks 112.41 Bn 348.92 -0.57% +55.38% -599.37 44.74 95.94 Bn
11 EQIX Equinix Data Centers 101.21 Bn 1,025.72 +1.32% +32.76% 66.00 10.32 89.76 Bn
12 HPE 2nd Hewlett Packard Enterprise Cloud Platforms 92.09 Bn 69.34 +7.35% +183.25% 33.54 2.20 69.97 Bn
13 SLB 2nd Slb Data Centers 72.34 Bn 48.74 +0.16% +42.89% 23.42 1.99 69.45 Bn
14 DLR 2nd Digital Realty Trust Data Centers 66.06 Bn 178.54 +1.17% +2.76% 83.38 9.76 56.59 Bn
15 NBIS Nebius Cloud Platforms 61.44 Bn 242.81 +4.53% +92.91% 65.75 45.34 34.87 Bn
16 NDAQ 2nd Nasdaq Data Centers 50.77 Bn 90.33 -1.46% +3.42% 25.91 5.80 48.20 Bn
17 CRWV CoreWeave Cloud Platforms 49.38 Bn 89.62 +1.19% -35.06% -25.61 6.51 36.47 Bn
18 P 2nd Everpure Cloud Platforms 46.69 Bn 140.10 +4.48% +58.75% 184.16 10.95 41.09 Bn
19 NTAP 2nd NetApp Cloud Platforms 44.35 Bn 226.27 +5.22% +88.45% 31.28 6.00 27.16 Bn
20 CHT 2nd Chunghwa Telecom Data Centers 35.81 Bn 46.16 +1.32% +6.33% 9.22 4.54 31.66 Bn
21 IRM 2nd Iron Mountain Data Centers 33.76 Bn 113.43 +1.97% +9.81% 80.67 4.46 33.28 Bn
22 IREN 2nd Iren Data Centers 31.78 Bn 41.76 +2.73% -11.19% -18.79 44.94 19.37 Bn
23 ERIC 2nd Ericsson Lm Telephone Content Delivery Networks 31.32 Bn 9.29 +0.76% +11.26% 11.76 1.29 9.44 Bn
24 BIDU 2nd Baidu Cloud Platforms 28.69 Bn 84.32 -1.48% -39.87% -6.11 1.57 -44.94 Bn
25 VRSN Verisign Web Hosting and Domains 26.06 Bn 288.32 +0.49% +4.68% 30.80 15.26 23.28 Bn
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About these peers

Who are International Business Machines Corp's peers and competitors?

International Business Machines Corp (IBM) is compared with 101 US-listed companies in the Cloud Computing industry group, of which 40 have it as their primary business and 61 run a substantial Cloud Computing business alongside something else.

How are these peers chosen?

Peers are every company that BQ-MICS, our own multi-industry classification system, places in the same industry group as International Business Machines Corp. Unlike a single-label scheme, BQ-MICS assigns each company a primary industry and any secondary industries it genuinely operates in, and records the reasoning behind every assignment. Tap the info icon beside any ticker to read it.

What does "2nd" next to a ticker mean?

It marks a secondary match: the company operates a real business in this industry group, but it is not its largest. Tick "Primary business only" above the table to compare against pure plays alone.

How often is this peer comparison updated?

Prices, market caps and valuation figures refresh with each session's close. The classification itself is reviewed whenever a company's filings change what it does, such as a new segment, a disposal or an acquisition.

Can I compare these peers on other metrics?

Yes. Use Edit Columns above the table to add any of 1,000+ financial metrics and ratios to the comparison, and Download Data to export it.

International Business Machines Corp Peers API

Pull International Business Machines Corp's industry peers, with any metrics you choose plus the industry median and average, in one call with the Business Quant Peers API. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/peers?ticker=IBM&cols=Revenue%20(Quarter),Net%20Income%20(Quarter)&api_key=YOUR_API_KEY