International Business Machines Corporation logo
International Business Machines Corporation (IBM)
Compare

International Business Machines Corporation (IBM) EV/FCF Ratio: 24.31x

Is International Business Machines Corporation’s EV/FCF ratio high or low?

International Business Machines Corporation's EV/FCF ratio of 24.31x is 21% above its 5-year average of 20.02x, near the high end of its 5-year range (10.92x–28.46x).

As of Monday, June 15, 2026. 3.32% below its 12-month average of 25.14x.

IBM EV/FCF Ratio Chart

IBM EV/FCF Ratio
24.31x-9.73% 1Y
Zoom

IBM Average EV/FCF Ratio Chart

IBM Current vs Average EV/FCF Ratio Chart

IBM EV/FCF Ratio Metrics

EV/FCF RATIO

24.31x

EV/FCF RATIO AVG TTM

25.14x

EV/FCF RATIO AVG 3Y

21.49x

EV/FCF RATIO AVG 5Y

20.02x

EV/FCF RATIO AVG 10Y

16.67x

EV/FCF RATIO AVG 15Y

15.52x

EV/FCF RATIO AVG 20Y

14.86x

CURRENT VS TTM AVG

-3.32%

CURRENT VS 3Y AVG

+13.10%

CURRENT VS 5Y AVG

+21.41%

CURRENT VS 10Y AVG

+45.81%

CURRENT VS 15Y AVG

+56.63%

CURRENT VS 20Y AVG

+63.64%

IBM Competitors' EV/FCF Ratio

NAMEMARKET CAPEV/FCF RATIOTTM3Y5Y
International Business Machines Corporation (IBM)$255.87B24.31x25.14x21.49x20.02x
Marvell Technology, Inc. (MRVL)vs ›$244.68B150.99x61.29x59.73x66.75x
Texas Instruments Incorporated (TXN)vs ›$274.05B76.79x96.84x109.10x76.44x
QUALCOMM Incorporated (QCOM)vs ›$223.15B18.94x15.25x16.71x18.77x
Palantir Technologies Inc. (PLTR)vs ›$293.87B121.58x226.26x161.31x174.62x
Seagate Technology Holdings plc (STX)vs ›$208.77B82.13x57.29x45.92x35.57x
Arista Networks, Inc. (ANET)vs ›$205.55B38.87x41.11x44.97x47.95x
Analog Devices, Inc. (ADI)vs ›$203.50B46.25x37.13x34.31x31.79x
Western Digital Corporation (WDC)vs ›$194.03B72.75x42.01x41.94x40.78x
Palo Alto Networks, Inc. (PANW)vs ›$190.56B48.38x36.65x37.69x35.08x

Cash Flow Valuation Comparison

EV/FCF

24.3x

P/FCF

19.8x

FCF Yield

5.05%

Formula: EV/FCF = Enterprise Value / Free Cash Flow

EV/FCF vs P/FCF:

  • EV/FCF accounts for debt and cash through enterprise value
  • P/FCF only considers equity value
  • EV/FCF can be compared across companies with different debt levels
  • Both measure how the market values cash generation

International Business Machines Corporation EV/FCF Ratio Formula & Definition

EV/FCF = Enterprise Value / Free Cash Flow (TTM)

Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

International Business Machines Corporation EV/FCF Ratio FAQ

What is the EV/FCF ratio for International Business Machines Corporation (IBM)?
The EV/FCF ratio for IBM stock is 24.31x.
Is International Business Machines Corporation's EV/FCF ratio high or low?
International Business Machines Corporation's EV/FCF ratio of 24.31x is 21% above its 5-year average of 20.02x, near the high end of its 5-year range (10.92x–28.46x).
What is the TTM average EV/FCF ratio for International Business Machines Corporation (IBM)?
The TTM average EV/FCF ratio for IBM stock is 25.14x.
What is the 3Y average EV/FCF ratio for International Business Machines Corporation (IBM)?
The 3Y average EV/FCF ratio for IBM stock is 21.49x.
What is the 5Y average EV/FCF ratio for International Business Machines Corporation (IBM)?
The 5Y average EV/FCF ratio for IBM stock is 20.02x.
What is the 10Y average EV/FCF ratio for International Business Machines Corporation (IBM)?
The 10Y average EV/FCF ratio for IBM stock is 16.67x.
What is the 15Y average EV/FCF ratio for International Business Machines Corporation (IBM)?
The 15Y average EV/FCF ratio for IBM stock is 15.52x.
What is the 20Y average EV/FCF ratio for International Business Machines Corporation (IBM)?
The 20Y average EV/FCF ratio for IBM stock is 14.86x.

International Business Machines Corporation EV/FCF Ratio History

DATEEV/FCF RATIO
2026-06-1224.31x
2026-06-1124.50x
2026-06-1024.32x
2026-06-0924.69x
2026-06-0824.94x
2026-06-0525.23x
2026-06-0426.46x
2026-06-0326.74x
2026-06-0228.46x
2026-06-0127.82x
2026-05-2926.17x
2026-05-2823.73x
2026-05-2723.07x
2026-05-2622.75x
2026-05-2222.97x
2026-05-2122.91x
2026-05-2020.88x
2026-05-1920.68x
2026-05-1820.71x
2026-05-1520.46x
2026-05-1420.39x
2026-05-1320.12x
2026-05-1220.46x
2026-05-1120.77x
2026-05-0821.22x
2026-05-0721.34x
2026-05-0620.93x
2026-05-0521.17x
2026-05-0421.20x
2026-05-0121.40x
2026-04-3021.31x
2026-04-2921.03x
2026-04-2821.46x
2026-04-2721.10x
2026-04-2421.38x
2026-04-2321.32x
2026-04-2223.88x
2026-04-2124.18x
2026-04-2024.03x
2026-04-1724.01x
2026-04-1623.82x
2026-04-1523.34x
2026-04-1422.98x
2026-04-1322.79x
2026-04-1022.25x
2026-04-0922.75x
2026-04-0823.10x
2026-04-0723.36x
2026-04-0623.49x
2026-04-0223.60x
2026-04-0123.21x
2026-03-3123.15x
2026-03-3022.75x
2026-03-2722.68x
2026-03-2623.09x
2026-03-2523.07x
2026-03-2423.01x
2026-03-2323.62x
2026-03-2023.10x
2026-03-1923.77x
2026-03-1823.86x
2026-03-1724.21x
2026-03-1623.68x
2026-03-1323.45x
2026-03-1223.56x
2026-03-1123.65x
2026-03-1023.75x
2026-03-0924.00x
2026-03-0624.43x
2026-03-0524.25x
2026-03-0423.74x
2026-03-0323.37x
2026-03-0222.92x
2026-02-2722.98x
2026-02-2623.12x
2026-02-2522.77x
2026-02-2422.14x
2026-02-2320.47x
2026-02-2022.93x
2026-02-1922.87x
2026-02-1823.20x
2026-02-1723.02x
2026-02-1323.31x
2026-02-1223.10x
2026-02-1124.07x
2026-02-1025.45x
2026-02-0925.78x
2026-02-0625.97x
2026-02-0525.31x
2026-02-0425.25x
2026-02-0325.64x
2026-02-0227.12x
2026-01-3026.54x
2026-01-2926.72x
2026-01-2825.63x
2026-01-2725.60x
2026-01-2625.78x
2026-01-2325.50x
2026-01-2225.66x
2026-01-2125.87x
2026-01-2025.42x
2026-01-1626.46x
2026-01-1525.90x
2026-01-1426.71x
2026-01-1326.28x
2026-01-1226.94x
2026-01-0926.36x
2026-01-0826.25x
2026-01-0725.81x
2026-01-0626.23x
2026-01-0525.68x
2026-01-0225.43x
2025-12-3125.77x
2025-12-3026.20x
2025-12-2926.47x
2025-12-2626.42x
2025-12-2426.38x
2025-12-2326.33x
2025-12-2226.25x
2025-12-1926.12x
2025-12-1826.08x
2025-12-1726.29x
2025-12-1626.28x
2025-12-1526.68x
2025-12-1226.72x
2025-12-1126.83x
2025-12-1026.97x
2025-12-0926.81x
2025-12-0826.72x
2025-12-0526.63x
2025-12-0426.63x
2025-12-0326.24x
2025-12-0226.18x
2025-12-0126.46x
2025-11-2826.67x
2025-11-2626.28x
2025-11-2526.38x
2025-11-2426.35x
2025-11-2125.86x
2025-11-2025.35x
2025-11-1925.22x
2025-11-1825.32x
2025-11-1725.84x
2025-11-1426.46x
2025-11-1326.40x
2025-11-1227.14x
2025-11-1127.05x
2025-11-1026.71x
2025-11-0726.51x
2025-11-0626.95x
2025-11-0526.54x
2025-11-0426.11x
2025-11-0326.39x
2025-10-3126.59x
2025-10-3026.78x
2025-10-2926.65x
2025-10-2826.97x
2025-10-2727.00x
2025-10-2426.59x
2025-10-2324.96x
2025-10-2227.77x
2025-10-2127.33x
2025-10-2027.46x
2025-10-1727.27x
2025-10-1626.85x
2025-10-1527.23x
2025-10-1426.86x
2025-10-1326.95x
2025-10-1027.00x
2025-10-0927.83x
2025-10-0827.93x
2025-10-0728.28x
2025-10-0627.93x
2025-10-0327.84x
2025-10-0227.71x
2025-10-0127.69x
2025-09-3027.34x
2025-09-2927.15x
2025-09-2627.52x
2025-09-2527.29x
2025-09-2426.17x
2025-09-2326.55x
2025-09-2226.48x
2025-09-1926.08x
2025-09-1825.97x
2025-09-1725.49x
2025-09-1625.37x
2025-09-1525.27x
2025-09-1225.04x
2025-09-1125.33x
2025-09-1025.32x
2025-09-0925.50x
2025-09-0825.25x
2025-09-0524.65x
2025-09-0424.54x
2025-09-0324.29x
2025-09-0224.08x
2025-08-2924.24x
2025-08-2824.42x
2025-08-2724.35x
2025-08-2624.17x
2025-08-2523.92x
2025-08-2224.13x
2025-08-2123.92x
2025-08-2024.17x
2025-08-1924.07x
2025-08-1823.92x
2025-08-1523.94x
2025-08-1423.73x
2025-08-1323.97x
2025-08-1223.54x
2025-08-1123.67x
2025-08-0824.15x
2025-08-0724.78x
2025-08-0624.95x
2025-08-0524.82x
2025-08-0424.92x
2025-08-0124.77x
2025-07-3125.02x
2025-07-3025.59x
2025-07-2925.76x
2025-07-2825.82x
2025-07-2525.54x
2025-07-2425.61x
2025-07-2327.00x
2025-07-2227.00x
2025-07-2127.22x
2025-07-1827.31x
2025-07-1727.00x
2025-07-1627.00x
2025-07-1527.06x
2025-07-1427.14x
2025-07-1127.13x
2025-07-1027.43x
2025-07-0927.65x
2025-07-0827.67x
2025-07-0727.83x
2025-07-0327.79x
2025-07-0227.45x
2025-07-0127.73x
2025-06-3028.01x
2025-06-2727.61x
2025-06-2627.79x
2025-06-2527.72x
2025-06-2427.94x
2025-06-2327.57x
2025-06-2026.92x
2025-06-1827.10x
2025-06-1727.09x
2025-06-1626.99x
2025-06-1326.62x
2025-06-1226.93x
2025-06-1126.96x
2025-06-1026.55x
2025-06-0926.22x
2025-06-0625.96x
2025-06-0525.80x
2025-06-0425.70x
2025-06-0325.67x
2025-06-0225.57x

Showing the most recent 260 of 5,033 data points. The chart above shows the full history.

About International Business Machines Corporation

International Business Machines Corporation (IBM) delivers comprehensive technology solutions and services across the globe. The company's operations are structured into four primary segments: Software, Consulting, Infrastructure, and Financing. The Software division provides hybrid cloud platforms and a range of software offerings, including Red Hat's enterprise open-source solutions. It also develops software for business automation, AIOps and management, integration, and application servers, in addition to data and artificial intelligence tools. This segment further supplies security software and services for threat, data, and identity management, and offers critical transaction processing software that supports essential on-premise workloads for industries such as banking, airlines, and retail. The Consulting arm delivers business transformation services, which encompass strategy development, business process design and operational improvements, data and analytics insights, and system integration. It additionally provides technology consulting and specialized application and cloud platform services. IBM's Infrastructure segment offers both on-premises and cloud-based server and storage solutions, specifically tailored for clients' crucial and regulated operations. It also extends support and solutions for hybrid cloud infrastructure, alongside remanufacturing and remarketing services for used equipment. The Financing segment provides various financial services, such as leasing, installment payment plans, loan financing, and short-term working capital solutions. Originally established in 1911 as the Computing-Tabulating-Recording Co., the company is now known as International Business Machines Corporation and maintains its headquarters in Armonk, New York.

Armonk, NY
270,300 employees
Technology / Information Technology Services
Sector
Technology
Industry
Information Technology Services
CEO
Arvind Krishna