| INTERNATIONAL BUSINESS MACHINES CORP |
Q4-CY2025 | Q3-CY2025 | Q2-CY2025 | Q1-CY2025 | Q4-CY2024 | Q3-CY2024 | Q2-CY2024 | Q1-CY2024 | Q4-CY2023 | Q3-CY2023 | Q2-CY2023 | Q1-CY2023 | Q4-CY2022 | Q3-CY2022 | Q2-CY2022 | Q1-CY2022 | Q4-CY2021 | Q3-CY2021 | Q2-CY2021 | Q1-CY2021 | Q4-CY2020 | Q3-CY2020 | Q2-CY2020 | Q1-CY2020 | Q4-CY2019 | Q3-CY2019 | Q2-CY2019 | Q1-CY2019 | Q4-CY2018 | Q3-CY2018 | Q2-CY2018 | Q1-CY2018 | Q4-CY2017 | Q3-CY2017 | Q2-CY2017 | Q1-CY2017 | Q4-CY2016 | Q3-CY2016 | Q2-CY2016 | Q1-CY2016 | Q4-CY2015 | Q3-CY2015 | Q2-CY2015 | Q1-CY2015 | Q4-CY2014 | Q3-CY2014 | Q2-CY2014 | Q1-CY2014 | Q4-CY2013 |
Balance Sheet Date | | | 2025-Jun-30 | 2025-Mar-31 | 2024-Dec-31 | 2024-Sep-30 | 2024-Jun-30 | 2024-Mar-31 | 2023-Dec-31 | 2023-Sep-30 | 2023-Jun-30 | 2023-Mar-31 | 2022-Dec-31 | 2022-Sep-30 | 2022-Jun-30 | 2022-Mar-31 | 2021-Dec-31 | 2021-Sep-30 | 2021-Jun-30 | 2021-Mar-31 | 2020-Dec-31 | 2020-Sep-30 | 2020-Jun-30 | 2020-Mar-31 | 2019-Dec-31 | 2019-Sep-30 | 2019-Jun-30 | 2019-Mar-31 | 2018-Dec-31 | 2018-Sep-30 | 2018-Jun-30 | 2018-Mar-31 | 2017-Dec-31 | 2017-Sep-30 | 2017-Jun-30 | 2017-Mar-31 | 2016-Dec-31 | 2016-Sep-30 | 2016-Jun-30 | 2016-Mar-31 | 2015-Dec-31 | 2015-Sep-30 | 2015-Jun-30 | 2015-Mar-31 | 2014-Dec-31 | 2014-Sep-30 | 2014-Jun-30 | 2014-Mar-31 | 2013-Dec-31 |
Fiscal Period | | | Q2-FY2025 | Q1-FY2025 | Q4-FY2024 | Q3-FY2024 | Q2-FY2024 | Q1-FY2024 | Q4-FY2023 | Q3-FY2023 | Q2-FY2023 | Q1-FY2023 | Q4-FY2022 | Q3-FY2022 | Q2-FY2022 | Q1-FY2022 | Q4-FY2021 | Q3-FY2021 | Q2-FY2021 | Q1-FY2021 | Q4-FY2020 | Q3-FY2020 | Q2-FY2020 | Q1-FY2020 | Q4-FY2019 | Q3-FY2019 | Q2-FY2019 | Q1-FY2019 | Q4-FY2018 | Q3-FY2018 | Q2-FY2018 | Q1-FY2018 | Q4-FY2017 | Q3-FY2017 | Q2-FY2017 | Q1-FY2017 | Q4-FY2016 | Q3-FY2016 | Q2-FY2016 | Q1-FY2016 | Q4-FY2015 | Q3-FY2015 | Q2-FY2015 | Q1-FY2015 | Q4-FY2014 | Q3-FY2014 | Q2-FY2014 | Q1-FY2014 | Q4-FY2013 |
Price to Sales | 4.27x | 4.11x | 4.28x | 3.67x | 3.24x | 3.25x | 2.55x | 2.82x | 2.41x | 2.09x | 2.01x | 1.96x | 2.10x | 1.77x | 2.13x | 2.00x | 2.09x | 2.93x | 2.79x | 2.34x | 2.03x | 1.95x | 1.92x | 1.72x | 2.06x | 1.67x | 1.57x | 1.60x | 1.30x | 1.73x | 1.61x | 1.80x | 1.84x | 1.76x | | | | | | | | | | | | | | | |
Forward Price to Sales MRQ | 4.03x | 3.87x | 4.03x | 3.96x | 2.90x | 3.40x | 2.52x | 3.02x | 2.15x | 2.17x | 1.96x | 2.09x | 1.91x | 1.90x | 2.05x | 2.06x | 1.79x | 2.35x | 2.30x | 2.26x | 14.56x | 1.54x | 1.48x | 1.40x | 12.67x | 1.79x | 1.60x | 1.73x | 1.19x | 1.84x | 1.60x | 1.85x | 1.61x | 1.80x | | | | | | | | | | | | | | | |
Price to Book | 9.95x | 9.56x | 9.96x | 8.58x | 7.45x | 8.33x | 6.61x | 7.52x | 6.63x | 5.54x | 5.47x | 5.50x | 5.80x | 5.35x | 6.55x | 6.14x | 6.34x | 5.60x | 5.97x | 5.56x | 5.45x | 5.11x | 5.23x | 4.92x | 5.70x | 7.18x | 6.93x | 7.62x | 6.15x | 6.98x | 6.92x | 7.78x | 8.08x | 6.89x | | | | | | | | | | | | | | | |
Price to Earnings | 46.92x | 45.07x | 46.95x | 42.13x | 33.77x | 31.82x | 18.85x | 21.39x | 19.91x | 18.46x | 60.05x | 64.86x | 77.71x | 85.11x | 22.75x | 21.18x | 20.87x | 26.14x | 24.56x | 22.16x | 20.06x | 13.71x | 13.64x | 10.93x | 12.59x | 16.72x | 14.00x | 14.53x | 11.83x | 24.12x | 22.28x | 24.88x | 24.70x | 11.95x | | | | | | | | | | | | | | | |
Forward Price to Earnings MRQ | 31.19x | 29.95x | 31.21x | 54.64x | 17.45x | - | 21.66x | 27.25x | 11.36x | 18.75x | 19.19x | 32.06x | 11.75x | - | 22.83x | 39.88x | 12.84x | 27.56x | 24.72x | 31.16x | 20.68x | 15.96x | 19.73x | 20.96x | 8.09x | 19.28x | 12.24x | 19.73x | 13.23x | 12.81x | 13.34x | 21.05x | - | 12.39x | | | | | | | | | | | | | | | |
Debt to Asset Ratio | | | .81x | .81x | .80x | .82x | .82x | .83x | .83x | .82x | .83x | .84x | .83x | .84x | .85x | .86x | .86x | .84x | .85x | .86x | .87x | .86x | .87x | .87x | .86x | .88x | .89x | .87x | .86x | .84x | .85x | .85x | .86x | .84x | .85x | .84x | .84x | .85x | .87x | .87x | .87x | .88x | .88x | .89x | .90x | .88x | .86x | .86x | .82x |
Current Ratio | | | .91x | 1.01x | 1.04x | 1.06x | 1.12x | 1.13x | .96x | .91x | 1.06x | 1.16x | .92x | .95x | .88x | .92x | .88x | .84x | .84x | .93x | .98x | 1.05x | 1.04x | .96x | 1.02x | 1.09x | 1.83x | 1.36x | 1.29x | 1.31x | 1.32x | 1.37x | 1.33x | 1.41x | 1.25x | 1.18x | 1.21x | 1.20x | 1.30x | 1.37x | 1.24x | 1.25x | 1.27x | 1.30x | 1.20x | 1.11x | 1.14x | 1.17x | 1.28x |