International Business Machines Corporation (IBM) vs Oracle Corporation (ORCL)

IBM leads on 9 of 16 compared metrics.

A side-by-side comparison of International Business Machines Corporation and Oracle Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — IBM vs ORCL

growth of $100 · last 30y
IBM +1021.7%ORCL +4797.1%ORCL compounded faster
02k4k6k8kStart $100200120062011201620212026$1,122$4,897
IBM ORCL

IBM vs ORCL: by the numbers

  • ORCL is the larger company ($529.57B vs $255.87B market cap).
  • IBM trades at the lower earnings multiple (24.07 vs 31.58 P/E).
  • ORCL converts more revenue to profit (25.37% vs 15.61% net margin).
  • ORCL grew revenue faster over the past five years (10.72% vs -0.09% CAGR).
  • IBM pays the higher dividend yield (2.47% vs 1.09%).

Which is better, IBM or ORCL?

Metric tally: IBM 9 · ORCL 7

It depends on what you're optimizing for:

ValueIBM(lower P/E)
GrowthORCL(faster 5Y revenue CAGR)
IncomeIBM(higher dividend yield)
QualityIBM(higher ROIC)

Valuation

MetricIBMORCL
P/E ratio24.0731.58
Forward P/E20.3316.92
P/S ratio3.767.97
P/B ratio7.8612.47
PEG ratio0.351.26
EV / EBITDA19.4920.61
FCF yield5.05%

Profitability

MetricIBMORCL
Gross margin58.97%65.81%
Operating margin16.36%30.85%
Net margin15.61%25.37%
ROE32.61%39.69%
ROIC8.57%7.99%

Dividends

MetricIBMORCL
Dividend yield2.47%1.09%
Payout ratio59.24%33.67%

Growth (annualized)

MetricIBMORCL
Revenue CAGR (5Y)-0.09%10.72%
EPS CAGR (5Y)12.59%4.93%
FCF CAGR (5Y)-3.35%-13.18%
Total return CAGR (5Y)18.04%18.89%

Frequently asked

Which is better, IBM or ORCL?
It depends on your goal. value: IBM (lower P/E); growth: ORCL (faster 5Y revenue CAGR); income: IBM (higher dividend yield); quality: IBM (higher ROIC). Across all compared metrics, IBM leads 9 to 7.
Is IBM or ORCL cheaper?
On trailing earnings, IBM is cheaper: IBM trades at a 24.07 P/E and ORCL at 31.58.
Which has grown faster, IBM or ORCL?
Over the past five years, ORCL grew revenue faster — IBM at a -0.09% CAGR versus ORCL at 10.72%.
Does IBM or ORCL pay a bigger dividend?
IBM yields 2.47% and ORCL yields 1.09% based on trailing dividends and the latest price.
Is IBM or ORCL more profitable?
ORCL runs the higher net margin — IBM at 15.61% versus ORCL at 25.37%.
Which has been the better investment, IBM or ORCL?
Over the past 10-year, ORCL delivered the higher annualized total return — IBM at 11.01% versus ORCL at 18.62%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 14, 2026.