International Business Machines Corporation (IBM) vs Palantir Technologies Inc. (PLTR)
IBM leads on 8 of 15 compared metrics.
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 June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
IBM
International Business Machines Corporation
$272.24Technology
PLTR
Palantir Technologies Inc.
$127.99Technology
Total return — IBM vs PLTR
growth of $100 · last 6yIBM +134.0%PLTR +1247.3%PLTR compounded faster
Log scale — wide-divergence pair
IBM PLTR
IBM vs PLTR: by the numbers
- •PLTR is the larger company ($293.87B vs $255.87B market cap).
- •IBM trades at the lower earnings multiple (24.07 vs 142.21 P/E).
- •PLTR converts more revenue to profit (43.67% vs 15.61% net margin).
- •PLTR grew revenue faster over the past five years (34.11% vs -0.09% CAGR).
- •IBM pays a dividend (2.47% yield) while PLTR does not currently pay one.
Which is better, IBM or PLTR?
Metric tally: IBM 8 · PLTR 7It depends on what you're optimizing for:
ValueIBM(lower P/E)
GrowthPLTR(faster 5Y revenue CAGR)
QualityPLTR(higher ROIC)
Valuation
| Metric | IBM | PLTR |
|---|---|---|
| P/E ratio | 24.07● | 142.21 |
| Forward P/E | 20.33● | 61.52 |
| P/S ratio | 3.76● | 62.99 |
| P/B ratio | 7.86● | 38.94 |
| PEG ratio | 0.35● | 1.13 |
| EV / EBITDA | 19.54● | 139.60 |
| FCF yield | 5.05%● | 0.82% |
Profitability
| Metric | IBM | PLTR |
|---|---|---|
| Gross margin | 58.97% | 84.07%● |
| Operating margin | 16.36% | 38.13%● |
| Net margin | 15.61% | 43.67%● |
| ROE | 32.61%● | 27.00% |
| ROIC | 8.57% | 17.95%● |
Dividends
| Metric | IBM | PLTR |
|---|---|---|
| Dividend yield | 2.47% | — |
| Payout ratio | 59.24% | — |
Growth (annualized)
| Metric | IBM | PLTR |
|---|---|---|
| Revenue CAGR (5Y) | -0.09% | 34.11%● |
| EPS CAGR (5Y) | 12.59% | — |
| FCF CAGR (5Y) | -3.35% | 94.15%● |
| Total return CAGR (5Y) | 18.04% | 38.98%● |
Frequently asked
- Which is better, IBM or PLTR?
- It depends on your goal. value: IBM (lower P/E); growth: PLTR (faster 5Y revenue CAGR); quality: PLTR (higher ROIC). Across all compared metrics, IBM leads 8 to 7.
- Is IBM or PLTR cheaper?
- On trailing earnings, IBM is cheaper: IBM trades at a 24.07 P/E and PLTR at 142.21.
- Which has grown faster, IBM or PLTR?
- Over the past five years, PLTR grew revenue faster — IBM at a -0.09% CAGR versus PLTR at 34.11%.
- Does IBM or PLTR pay a bigger dividend?
- IBM pays a dividend (2.47% yield) while PLTR does not currently pay one.
- Is IBM or PLTR more profitable?
- PLTR runs the higher net margin — IBM at 15.61% versus PLTR at 43.67%.
- Which has been the better investment, IBM or PLTR?
- Over the past 5-year, PLTR delivered the higher annualized total return — IBM at 11.01% versus PLTR at 38.98%. 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 June 13, 2026.