Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  International Business Machines Corporation    IBM

INTERNATIONAL BUSINESS MACHINES CORPORAT

(IBM)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
Income Statement Evolution
Annual Income Statement Data
Actuals in M $ Estimates in M $
Fiscal Period December 2016 2017 2018 2019 (e) 2020 (e) 2021 (e)
Sales 79 919 79 139 79 591 77 023 79 382 80 416
EBITDA 19 079 18 766 18 518 18 266 19 102 19 714
Operating profit (EBIT) 14 698 14 225 14 039 12 386 14 370 15 044
Pre-Tax Profit (EBT) 12 330 11 400 11 342 10 228 11 721 12 658
Net income 11 872 5 753 8 728 9 358 10 660 11 651
P/E ratio 13,4x 24,9x 11,9x 13,1x 11,5x 10,4x
EPS ( $ ) 12,4 6,17 9,52 10,6 12,0 13,3
Dividend per Share ( $ ) 5,50 5,90 6,21 6,29 6,57 6,90
Yield 3,31% 3,85% 5,46% 4,55% 4,75% 4,99%
Reference price ( $ ) 165,990 153,420 113,670 138,310 138,310 138,310
Announcement Date 01/19/2017
09:08pm
01/18/2018
09:06pm
01/22/2019
09:07pm
- - -
Finances - Leverage
Actuals in M $ Estimates in M $
Fiscal Period December 2016 2017 2018 2019 (e) 2020 (e) 2021 (e)
Debt 33 641 34 244 33 590 54 294 48 037 42 055
Finance - - - - - -
Operating income (EBITDA) 19 079 18 766 18 518 18 266 19 102 19 714
Leverage
(Debt/EBITDA)
1,76x 1,82x 1,81x 2,97x 2,51x 2,13x
Capital Expenditure 3 726 3 312 3 716 2 816 3 273 3 448
Free Cash Flow (FCF) 11 574 12 992 11 876 11 701 12 682 13 481
Book Value Per Share (BVPS) ( $ ) 19,1 18,9 18,4 27,1 32,4 36,2
Cash Flow per Share ( $ ) 17,2 17,8 16,6 18,6 18,9 19,5
Announcement Date 01/19/2017
09:08pm
01/18/2018
09:06pm
01/22/2019
09:07pm
- - -
Balance Sheet Analysis
Assessed data source
© 2020 S&P Global Market Intelligence
Financial Ratios

Size 2019e 2020e
Capitalization 122 493 M $ -
Entreprise Value (EV) 176 786 M $ 170 529 M $
Valuation 2019e 2020e
P/E ratio (Price / EPS) 13,1x 11,5x
Capitalization / Revenue 1,59x 1,54x
EV / Revenue 2,30x 2,23x
EV / EBITDA 9,68x 9,25x
Yield (DPS / Price) 4,55% 4,75%
Price to book (Price / BVPS) 5,10x 4,28x
Profitability 2019e 2020e
Operating Margin (EBIT / Sales) 16,1% 18,1%
Operating Leverage (Delta EBIT / Delta Sales) -3,65x 5,23x
Net Margin (Net Profit / Revenue) 12,1% 13,4%
ROA (Net Profit / Asset) 7,54% 7,20%
ROE (Net Profit / Equities) 59,8% 47,6%
Rate of Dividend 59,5% 54,6%
Balance Sheet Analysis 2019e 2020e
CAPEX / Sales   3,66% 4,12%
Cash Flow / Sales 21,4% 21,1%
Capital Intensity (Assets / Sales) 1,61x 1,86x
Financial Leverage (Net Debt / EBITDA) 2,97x 2,51x
EPS & Dividend