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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 77 042 79 485 80 899
EBITDA 19 079 18 766 18 518 18 117 18 866 19 948
Operating profit (EBIT) 14 698 14 225 14 039 12 448 14 432 15 234
Pre-Tax Profit (EBT) 12 330 11 400 11 342 10 230 11 665 12 825
Net income 11 872 5 753 8 728 9 390 10 669 11 364
P/E ratio 13,4x 24,9x 11,9x 12,6x 11,2x 10,4x
EPS ( $ ) 12,4 6,17 9,52 10,6 11,9 12,8
Dividend per Share ( $ ) 5,50 5,90 6,21 6,30 6,57 6,90
Yield 3,31% 3,85% 5,46% 4,73% 4,93% 5,18%
Reference price ( $ ) 165,990 153,420 113,670 133,220 133,220 133,220
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 54 293 48 067 42 352
Finance - - - - - -
Operating income (EBITDA) 19 079 18 766 18 518 18 117 18 866 19 948
Leverage
(Debt/EBITDA)
1,76x 1,82x 1,81x 3,00x 2,55x 2,12x
Capital Expenditure 3 726 3 312 3 716 2 790 3 241 3 447
Free Cash Flow (FCF) 11 574 12 992 11 876 11 816 12 656 13 247
Book Value Per Share (BVPS) ( $ ) 19,1 18,9 18,4 26,1 31,3 35,7
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
© 2019 S&P Global Market Intelligence
Financial Ratios

Size 2019e 2020e
Capitalization 116 824 M $ -
Entreprise Value (EV) 171 118 M $ 164 891 M $
Valuation 2019e 2020e
P/E ratio (Price / EPS) 12,6x 11,2x
Capitalization / Revenue 1,52x 1,47x
EV / Revenue 2,22x 2,15x
EV / EBITDA 9,45x 9,07x
Yield (DPS / Price) 4,73% 4,93%
Price to book (Price / BVPS) 5,11x 4,25x
Profitability 2019e 2020e
Operating Margin (EBIT / Sales) 16,2% 18,2%
Operating Leverage (Delta EBIT / Delta Sales) -3,54x 5,03x
Net Margin (Net Profit / Revenue) 12,2% 13,4%
ROA (Net Profit / Asset) 7,53% 7,18%
ROE (Net Profit / Equities) 61,9% 49,3%
Rate of Dividend 59,5% 55,0%
Balance Sheet Analysis 2019e 2020e
CAPEX / Sales   3,62% 4,08%
Cash Flow / Sales 21,4% 21,1%
Capital Intensity (Assets / Sales) 1,62x 1,87x
Financial Leverage (Net Debt / EBITDA) 3,00x 2,55x
EPS & Dividend