International Business Machines Corporation (IBM) vs Palantir Technologies Inc. (PLTR)
A side-by-side comparison of International Business Machines Corporation and Palantir Technologies Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 31, 2026. Differences are shown without an overall score or investment verdict.
IBM
International Business Machines Corporation
$223.65TechnologyDelayed quote: Jul 31, 2026, 4:00 PM EDT
PLTR
Palantir Technologies Inc.
$123.06TechnologyAt close: Jul 31, 2026, 4:00 PM ET
Total return — IBM vs PLTR
growth of $100 · dividends reinvested · last 6yIBM +149.2%PLTR +1195.4%PLTR compounded faster
Log scale — wide-divergence pair
IBM PLTR
IBM vs PLTR: by the numbers
- •PLTR is the larger company ($282.55B vs $210.71B market cap).
- •IBM trades at the lower trailing earnings multiple (19.79 vs 136.73 P/E), one valuation lens rather than an overall verdict.
- •PLTR converts more revenue to profit (43.67% vs 15.52% net margin).
- •PLTR grew revenue faster over the past five years (34.11% vs 1.13% CAGR).
- •IBM pays a dividend (3.01% yield), while PLTR has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | IBM | PLTR |
|---|---|---|
| P/E ratio | 19.79 | 136.73 |
| Forward P/E | 18.16 | 84.45 |
| P/S ratio | 3.08 | 60.56 |
| P/B ratio | 6.18 | 37.44 |
| PEG ratio | 0.35 | 1.13 |
| EV / EBITDA | 16.74 | 155.73 |
| FCF yield | 6.84% | 0.85% |
Profitability
| Metric | IBM | PLTR |
|---|---|---|
| Gross margin | 58.43% | 84.07% |
| Operating margin | 17.86% | 38.13% |
| Net margin | 15.52% | 43.67% |
| ROE | 31.13% | 27.00% |
| ROIC | 10.37% | 17.95% |
Dividends
| Metric | IBM | PLTR |
|---|---|---|
| Dividend yield | 3.01% | N/A |
| Payout ratio | 59.24% | N/A |
Growth (annualized)
| Metric | IBM | PLTR |
|---|---|---|
| Revenue CAGR (5Y) | 1.13% | 34.11% |
| EPS CAGR (5Y) | 12.59% | N/A |
| FCF CAGR (5Y) | -5.01% | 94.15% |
| Total return CAGR (5Y) | 15.10% | 41.46% |
Frequently asked
- Which has the lower trailing P/E, IBM or PLTR?
- IBM has the lower trailing P/E: IBM trades at 19.79 and PLTR at 136.73. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, IBM or PLTR?
- Over the past five years, PLTR grew revenue faster — IBM at a 1.13% CAGR versus PLTR at 34.11%.
- Does IBM or PLTR pay a bigger dividend?
- IBM pays a dividend (3.01% yield), while PLTR has no payments in the available dividend history.
- Is IBM or PLTR more profitable?
- PLTR runs the higher net margin — IBM at 15.52% versus PLTR at 43.67%.
- How have IBM and PLTR total returns compared?
- Over the past 5 years, IBM delivered 8.27% and PLTR delivered 41.46% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
International Business Machines P/E ratioPalantir Technologies P/E ratioInternational Business Machines dividend yieldPalantir Technologies dividend yieldInternational Business Machines ROEPalantir Technologies ROEInternational Business Machines operating marginPalantir Technologies operating marginInternational Business Machines revenue growthPalantir Technologies revenue growthInternational Business Machines free cash flowPalantir Technologies free cash flow
International Business Machines & Palantir Technologies appear in these rankings
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 July 31, 2026.