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IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 300,000 people. The company has a robust roster of business partners to service its clients, which include 95% of all Fortune 500 companies. Primary products include its mainframes, Red Hat software, transaction processing software, and IT consulting.
1911
305.3K+
LTM Revenue $63.1B
LTM EBITDA $16.0B
$286B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
IBM has a last 12-month revenue of $63.1B and a last 12-month EBITDA of $16.0B.
In the most recent fiscal year, IBM achieved revenue of $61.9B and an EBITDA of $14.7B.
IBM expects next 12-month revenue of XXX and NTM EBITDA of XXX
See IBM valuation multiples based on analyst estimates| FY 2022 | FY 2023 | FY 2024 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $57.4B | $60.5B | $61.9B | $63.1B | XXX |
| Gross Profit | $31.5B | $32.7B | $34.3B | XXX | XXX |
| Gross Margin | 55% | 54% | 55% | XXX | XXX |
| EBITDA | $12.4B | $7.2B | $14.7B | $16.0B | XXX |
| EBITDA Margin | 22% | 12% | 24% | 25% | XXX |
| Net Profit | $5.7B | $1.6B | $7.5B | XXX | XXX |
| Net Margin | 10% | 3% | 12% | XXX | XXX |
| Net Debt | $45.1B | $43.1B | $43.5B | XXX | XXX |
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As of February 21, 2025, IBM's stock price is $261.
IBM has current market cap of $242B, and EV of $286B.
See IBM trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $286B | $242B | XXX | XXX | XXX | XXX | $10.39 |
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Sign UpAs of February 21, 2025, IBM has market cap of $242B and EV of $286B.
IBM's trades at 4.5x LTM EV/Revenue multiple, and 17.9x LTM EBITDA.
Analysts estimate IBM's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for IBM and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $286B | XXX | XXX | XXX |
| EV/Revenue | 4.6x | XXX | XXX | XXX |
| EV/EBITDA | 19.4x | XXX | XXX | XXX |
| P/E | 32.2x | XXX | XXX | XXX |
| P/E/Growth | 1.6x | XXX | XXX | XXX |
| EV/FCF | 23.6x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpIBM's NTM/LTM revenue growth is 4%
IBM's revenue per employee for the last fiscal year averaged $0.2M, while opex per employee averaged $0.1M for the same period.
Over next 12 months, IBM's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate IBM's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for IBM and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 2% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 24% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 105% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 27% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.2M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.1M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 2% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 27% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | 11% | XXX | XXX | XXX | XXX |
| Opex to Revenue | 40% | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Ctac | XXX | XXX | XXX | XXX | XXX | XXX |
| Mastech Digital | XXX | XXX | XXX | XXX | XXX | XXX |
| Atturra | XXX | XXX | XXX | XXX | XXX | XXX |
| Bravura Solutions | XXX | XXX | XXX | XXX | XXX | XXX |
| COSOL | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
IBM acquired XXX companies to date.
Last acquisition by IBM was XXXXXXXX, XXXXX XXXXX XXXXXX . IBM acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was IBM founded? | IBM was founded in 1911. |
| Where is IBM headquartered? | IBM is headquartered in United States of America. |
| How many employees does IBM have? | As of today, IBM has 305.3K+ employees. |
| Who is the CEO of IBM? | IBM's CEO is Mr. Arvind Krishna. |
| Is IBM publicy listed? | Yes, IBM is a public company listed on NYS. |
| What is the stock symbol of IBM? | IBM trades under IBM ticker. |
| When did IBM go public? | IBM went public in 1949. |
| Who are competitors of IBM? | Similar companies to IBM include e.g. Ctac, Mastech Digital, Atturra, Bravura Solutions. |
| What is the current market cap of IBM? | IBM's current market cap is $242B |
| What is the current revenue of IBM? | IBM's last 12-month revenue is $63.1B. |
| What is the current EBITDA of IBM? | IBM's last 12-month EBITDA is $16.0B. |
| What is the current EV/Revenue multiple of IBM? | Current revenue multiple of IBM is 4.5x. |
| What is the current EV/EBITDA multiple of IBM? | Current EBITDA multiple of IBM is 17.9x. |
| What is the current revenue growth of IBM? | IBM revenue growth between 2023 and 2024 was 2%. |
| Is IBM profitable? | Yes, IBM is EBITDA-positive (as of the last 12 months). |
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