Which has the lower trailing P/E, IBM or SHOP?

IBM has the lower trailing P/E: IBM trades at 19.47 and SHOP at 99.85. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, IBM or SHOP?

Over the past five years, SHOP grew revenue faster — IBM at a 1.13% CAGR versus SHOP at 28.06%.

Does IBM or SHOP pay a bigger dividend?

IBM pays a dividend (2.77% yield), while SHOP has no payments in the available dividend history.

Is IBM or SHOP more profitable?

IBM runs the higher net margin — IBM at 15.52% versus SHOP at 14.53%.

How have IBM and SHOP total returns compared?

Over the past 10 years, IBM delivered 9.51% and SHOP delivered 41.13% annualized total return. Past performance doesn't predict future results.

International Business Machines Corporation (IBM) vs Shopify Inc. (SHOP)

A side-by-side comparison of International Business Machines Corporation and Shopify Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

IBM

International Business Machines Corporation

$207.33B

$220.06TechnologyDelayed quote: Sep 30, 2026, 3:10 PM EDT

SHOP

Shopify Inc.

$193.07B

$148.78TechnologyDelayed quote: Sep 30, 2026, 3:10 PM EDT

Total return — IBM vs SHOP

growth of $100 · dividends reinvested · last 10y

IBM +141.0% (+9.2%/yr)SHOP +3048.9% (+41.2%/yr)SHOP compounded faster over this window

Log scale — wide-divergence pair

IBM SHOP

IBM vs SHOP: by the numbers

•IBM is the larger company ($207.33B vs $193.07B market cap).
•IBM trades at the lower trailing earnings multiple (19.47 vs 99.85 P/E), one valuation lens rather than an overall verdict.
•IBM converts more revenue to profit (15.52% vs 14.53% net margin).
•SHOP grew revenue faster over the past five years (28.06% vs 1.13% CAGR).
•IBM pays a dividend (2.77% yield), while SHOP has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	IBM	SHOP
P/E ratio	19.47	99.85
Forward P/E	17.87	77.25
P/S ratio	3.00	14.55
P/B ratio	6.02	15.22
EV / EBITDA	15.13	102.29
FCF yield	6.57%	1.22%

Profitability

Metric	IBM	SHOP
Gross margin	58.43%	47.77%
Operating margin	17.86%	13.90%
Net margin	15.52%	14.53%
ROE	31.13%	15.20%
ROIC	10.12%	11.67%

Dividends

Metric	IBM	SHOP
Dividend yield	2.77%	N/A
Payout ratio	59.65%	N/A

Growth (annualized)

Metric	IBM	SHOP
Revenue CAGR (5Y)	1.13%	28.06%
EPS CAGR (5Y)	12.59%	28.61%
FCF CAGR (5Y)	-1.28%	35.93%
Total return CAGR (5Y)	17.62%	-2.79%

Frequently asked

Which has the lower trailing P/E, IBM or SHOP?: IBM has the lower trailing P/E: IBM trades at 19.47 and SHOP at 99.85. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, IBM or SHOP?: Over the past five years, SHOP grew revenue faster — IBM at a 1.13% CAGR versus SHOP at 28.06%.
Does IBM or SHOP pay a bigger dividend?: IBM pays a dividend (2.77% yield), while SHOP has no payments in the available dividend history.
Is IBM or SHOP more profitable?: IBM runs the higher net margin — IBM at 15.52% versus SHOP at 14.53%.
How have IBM and SHOP total returns compared?: Over the past 10 years, IBM delivered 9.51% and SHOP delivered 41.13% annualized total return. Past performance doesn't predict future results.

Go deeper

Full IBM analysis Full SHOP analysis Interactive comparison tool

Dig into the metrics

International Business Machines P/E ratio Shopify P/E ratio International Business Machines dividend yield International Business Machines ROE Shopify ROE International Business Machines operating margin Shopify operating margin International Business Machines revenue growth Shopify revenue growth International Business Machines free cash flow Shopify free cash flow

International Business Machines & Shopify appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Fastest Revenue Growth Stocks Highest ROE Stocks

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 September 13, 2026.