Take a trial of UK to unlock this pageFind out more

Relative Strength (%)
Volume Change (%)
10d v 3m
Price vs... (%)
52w High
50d MA
200d MA
Growth & Value
Margin of Safety (beta)
Screens Passed
Balance Sheet · Income Statement · Cashflow Financial Summary
Year End 31st Dec 2009 2010 2011 2012 2013 2014 TTM 2015E 2016E CAGR / Avg
Revenue $m
Operating Profit $m
Net Profit $m
EPS Reported $
EPS Normalised $
EPS Growth %
PE Ratio x
Operating Margin %
Op. Cashflow ps $
Capex ps $
Free Cashflow ps $
Last ex-div: 6th Aug, paid: 10th Sep more... Dividends
Dividend ps $
Dividend Growth %
Dividend Yield %
Dividend Cover x
Balance Sheet
Cash etc $m
Working Capital $m
Net Fixed Assets $m
Net Debt $m
Book Value $m
Average Shares m
Book Value ps $ -7.1%

FINANCIAL BRIEF: For the six months ended 30 June 2015, International Business Machines Corp. revenues decreased 13% to $40.4B. Net income before extraordinary items decreased 12% to $5.94B. Revenues reflect Global Technology Services segment decrease of 13% to $15.95B, Systems and Technology segment decrease of 32% to $3.72B, Europe/Middle East/Africa segment decrease of 18% to $12.7B, Asia/Pacific segment decrease of 18% to $8.4B. more »

Health Trend
Bankruptcy Risk
  Earnings Manipulation Risk
Magic Formula Score
Other Ratios
Leverage (ttm) Total Ex Intang
Gross Gearing %
Net Gearing %
Cash / Assets %
Recent History
Latest interim period (ended 30th Jun '15) vs. prior year
Sales Growth %
EPS Growth %
3yr Compound Annual Growth Rate
Sales Growth %
EPS Growth %
DPS Growth %

Broker Forecasts
31st Dec 2015
31st Dec 2016

Price Target: $158.3
(+10.41% above Price)
Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: +6.5% ($) (¢) (¢) ($) (¢) (¢)
Consensus Estimate
1m Change
3m Change
20 brokers Broker Consensus Trend
Broker Recommendations for International Business Machines
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 2 2 12 1 2

Named Brokers and Analysts
There are no named brokers.

Profile Summary

International Business Machines Corporation is a technology company. The Company operates in five business segments: Global Technology Services (GTS), which includes Strategic Outsourcing, Integrated Technology Services, Cloud and Technology Support Services, and also provides information technology (IT) infrastructure and business process services; Global Business Services (GBS), which offers its services across Consulting and Systems Integration, Global Process Services and Application Management Services; Software, which consists of middleware and operating systems software; Systems and Technology (STG), which provides infrastructure technologies, and Global Financing, which provides financing solutions for products or services that are critical to the end users' business operations. Its IBM Watson Health Cloud platform collects clinical, research and social data from a range of health sources and creates a cloud-based data sharing hub.

Directors: Virginia Rometty (CHM) 57, Martin Schroeter (CFO) 50, Steven Mills (EVP) 63, Michelle Browdy (SVP) 50, Colleen Arnold (SVP) 58, Bruno Di Leo (SVP) 57, Jon Iwata (SVP) 52, Diane Gherson (SVP) 57, Erich Clementi (SVP) 56, Martin Jetter (SVP) 55, Kenneth Chenault (DRC) 64, Alex Gorsky (DRC) 54, Peter Voser (DRC) 56, Alain Belda (IND) 72, William Brody (IND) 71,

No. of Employees: 379,592 No. of Shareholders: 458,306

Last Annual December 31st, 2014
Last Interim June 30th, 2015
Incorporated June 16, 1911
Public Since November 11, 1915
Shares in Issue 979,529,828
Free Float 979.0m (99.9%)
Sector Technology
Industry Software & IT Services
Exchange London Stock Exchange (Dual Listing)
Eligible for an ISA? a SIPP?

Use of our data service is subject to express Terms of Service. Please see our full site disclaimer for more details. In particular, it is very important to do your own research (DYOR) and seek professional advice before making any investment based on your own personal circumstances. Please note that the information, data and analysis contained within this stock report: (a) include the proprietary information of Stockopedia's third party licensors and Stockopedia; (b) should not be copied or redistributed except as specifically authorised; and (c) are not warranted to be complete, accurate or timely. You should independently research and verify any information that you find in this report. Stockopedia will not be liable in respect of any loss, trading or otherwise, that you may suffer arising out of such information or any reliance you may place upon it. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up. © Stockopedia 2015.

Should you buy IBM

Access IBM Analytics Now!

Let’s get you setup so you get the most out of our service
Done, Let's add some stocks
Brilliant - You've created a folio! Now let's add some stocks to it.

  • Apple (AAPL)

  • Shell (RDSA)

  • Twitter (TWTR)

  • Volkswagon AG (VOK)

  • McDonalds (MCD)

  • Vodafone (VOD)

  • Barratt Homes (BDEV)

  • Microsoft (MSFT)

  • Tesco (TSCO)
Save and show me my analysis