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International Business Machines Corporation (IBM) EV/Sales Ratio: 4.66x

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

International Business Machines Corporation's EV/Sales ratio of 4.66x is 32% above its 5-year average of 3.53x, near the high end of its 5-year range (2.45x–5.42x).

The EV/Sales ratio for International Business Machines Corporation (IBM) is 4.66x as of Wednesday, June 10, 2026. It is below its 12-month average by 2.82% (4.80x).

IBM EV/Sales Ratio Chart

IBM EV/Sales Ratio
4.66x-7.54% 1Y
Zoom

IBM Average EV/Sales Ratio Chart

IBM Current vs Average EV/Sales Ratio Chart

IBM EV/Sales Ratio Metrics

EV/SALES RATIO

4.66x

EV/SALES RATIO AVG TTM

4.80x

EV/SALES RATIO AVG 3Y

4.05x

EV/SALES RATIO AVG 5Y

3.53x

EV/SALES RATIO AVG 10Y

2.83x

EV/SALES RATIO AVG 15Y

2.61x

EV/SALES RATIO AVG 20Y

2.40x

CURRENT VS TTM AVG

-2.82%

CURRENT VS 3Y AVG

+15.12%

CURRENT VS 5Y AVG

+31.89%

CURRENT VS 10Y AVG

+64.47%

CURRENT VS 15Y AVG

+78.77%

CURRENT VS 20Y AVG

+94.48%

IBM Competitors' EV/Sales Ratio

NAMEMARKET CAPEV/SALES RATIOTTM3Y5Y
International Business Machines Corporation (IBM)$257.57B4.66x4.80x4.05x3.53x
Texas Instruments Incorporated (TXN)$257.37B14.58x11.54x10.75x10.10x
KLA Corporation (KLAC)$279.96B21.87x14.04x10.80x9.18x
Marvell Technology, Inc. (MRVL)$223.92B26.39x11.79x11.83x11.71x
Palantir Technologies Inc. (PLTR)$298.97B63.68x106.68x62.42x44.08x
QUALCOMM Incorporated (QCOM)$202.82B4.86x4.27x4.59x4.55x
Analog Devices, Inc. (ADI)$191.81B15.66x13.61x11.24x10.48x
Arista Networks, Inc. (ANET)$191.09B19.62x20.25x16.96x14.73x
Arm Holdings plc American Depositary Shares (ARM)$328.47B67.40x37.66x37.22x37.22x
Amphenol Corporation (APH)$184.89B8.04x8.14x6.55x5.75x

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

  • It works for unprofitable companies where P/E doesn't apply
  • Revenue is harder to manipulate than earnings
  • It supports comparisons across companies at different profitability stages
  • It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

International Business Machines Corporation EV/Sales Ratio Formula & Definition

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

International Business Machines Corporation EV/Sales Ratio FAQ

What is the EV/Sales ratio for International Business Machines Corporation (IBM)?
The EV/Sales ratio for IBM stock is 4.66x.
Is International Business Machines Corporation's EV/Sales ratio high or low?
International Business Machines Corporation's EV/Sales ratio of 4.66x is 32% above its 5-year average of 3.53x, near the high end of its 5-year range (2.45x–5.42x).
What is the TTM average EV/Sales ratio for International Business Machines Corporation (IBM)?
The TTM average EV/Sales ratio for IBM stock is 4.80x.
What is the 3Y average EV/Sales ratio for International Business Machines Corporation (IBM)?
The 3Y average EV/Sales ratio for IBM stock is 4.05x.
What is the 5Y average EV/Sales ratio for International Business Machines Corporation (IBM)?
The 5Y average EV/Sales ratio for IBM stock is 3.53x.
What is the 10Y average EV/Sales ratio for International Business Machines Corporation (IBM)?
The 10Y average EV/Sales ratio for IBM stock is 2.83x.
What is the 15Y average EV/Sales ratio for International Business Machines Corporation (IBM)?
The 15Y average EV/Sales ratio for IBM stock is 2.61x.
What is the 20Y average EV/Sales ratio for International Business Machines Corporation (IBM)?
The 20Y average EV/Sales ratio for IBM stock is 2.40x.

International Business Machines Corporation EV/Sales Ratio History

DATEEV/SALES RATIO
2026-06-104.66x
2026-06-094.70x
2026-06-084.75x
2026-06-054.80x
2026-06-045.04x
2026-06-035.09x
2026-06-025.42x
2026-06-015.29x
2026-05-294.98x
2026-05-284.52x
2026-05-274.39x
2026-05-264.33x
2026-05-224.37x
2026-05-214.36x
2026-05-203.98x
2026-05-193.94x
2026-05-183.95x
2026-05-153.90x
2026-05-143.88x
2026-05-133.83x
2026-05-123.90x
2026-05-113.96x
2026-05-084.04x
2026-05-074.06x
2026-05-063.99x
2026-05-054.03x
2026-05-044.04x
2026-05-014.08x
2026-04-304.06x
2026-04-294.01x
2026-04-284.09x
2026-04-274.02x
2026-04-244.07x
2026-04-234.06x
2026-04-224.34x
2026-04-214.40x
2026-04-204.37x
2026-04-174.37x
2026-04-164.33x
2026-04-154.24x
2026-04-144.18x
2026-04-134.15x
2026-04-104.05x
2026-04-094.14x
2026-04-084.20x
2026-04-074.25x
2026-04-064.27x
2026-04-024.29x
2026-04-014.22x
2026-03-314.21x
2026-03-304.14x
2026-03-274.13x
2026-03-264.20x
2026-03-254.20x
2026-03-244.19x
2026-03-234.30x
2026-03-204.20x
2026-03-194.32x
2026-03-184.34x
2026-03-174.40x
2026-03-164.31x
2026-03-134.27x
2026-03-124.29x
2026-03-114.30x
2026-03-104.32x
2026-03-094.36x
2026-03-064.44x
2026-03-054.41x
2026-03-044.32x
2026-03-034.25x
2026-03-024.17x
2026-02-274.18x
2026-02-264.21x
2026-02-254.14x
2026-02-244.03x
2026-02-234.08x
2026-02-204.57x
2026-02-194.56x
2026-02-184.62x
2026-02-174.59x
2026-02-134.65x
2026-02-124.61x
2026-02-114.80x
2026-02-105.07x
2026-02-095.14x
2026-02-065.18x
2026-02-055.05x
2026-02-045.03x
2026-02-035.11x
2026-02-025.41x
2026-01-305.29x
2026-01-295.33x
2026-01-285.11x
2026-01-275.10x
2026-01-265.14x
2026-01-235.08x
2026-01-225.12x
2026-01-215.16x
2026-01-205.07x
2026-01-165.28x
2026-01-155.16x
2026-01-145.32x
2026-01-135.24x
2026-01-125.37x
2026-01-095.25x
2026-01-085.23x
2026-01-075.15x
2026-01-065.23x
2026-01-055.12x
2026-01-025.07x
2025-12-315.14x
2025-12-305.22x
2025-12-295.28x
2025-12-265.27x
2025-12-245.26x
2025-12-235.25x
2025-12-225.23x
2025-12-195.21x
2025-12-185.20x
2025-12-175.24x
2025-12-165.24x
2025-12-155.32x
2025-12-125.33x
2025-12-115.35x
2025-12-105.38x
2025-12-095.35x
2025-12-085.33x
2025-12-055.31x
2025-12-045.31x
2025-12-035.23x
2025-12-025.22x
2025-12-015.28x
2025-11-285.32x
2025-11-265.24x
2025-11-255.26x
2025-11-245.25x
2025-11-215.16x
2025-11-205.05x
2025-11-195.03x
2025-11-185.05x
2025-11-175.15x
2025-11-145.28x
2025-11-135.26x
2025-11-125.41x
2025-11-115.39x
2025-11-105.33x
2025-11-075.29x
2025-11-065.37x
2025-11-055.29x
2025-11-045.21x
2025-11-035.26x
2025-10-315.30x
2025-10-305.34x
2025-10-295.31x
2025-10-285.38x
2025-10-275.38x
2025-10-245.30x
2025-10-234.98x
2025-10-225.12x
2025-10-215.04x
2025-10-205.06x
2025-10-175.03x
2025-10-164.95x
2025-10-155.02x
2025-10-144.95x
2025-10-134.97x
2025-10-104.98x
2025-10-095.13x
2025-10-085.15x
2025-10-075.22x
2025-10-065.15x
2025-10-035.13x
2025-10-025.11x
2025-10-015.11x
2025-09-305.04x
2025-09-295.01x
2025-09-265.07x
2025-09-255.03x
2025-09-244.83x
2025-09-234.90x
2025-09-224.88x
2025-09-194.81x
2025-09-184.79x
2025-09-174.70x
2025-09-164.68x
2025-09-154.66x
2025-09-124.62x
2025-09-114.67x
2025-09-104.67x
2025-09-094.70x
2025-09-084.66x
2025-09-054.55x
2025-09-044.53x
2025-09-034.48x
2025-09-024.44x
2025-08-294.47x
2025-08-284.50x
2025-08-274.49x
2025-08-264.46x
2025-08-254.41x
2025-08-224.45x
2025-08-214.41x
2025-08-204.46x
2025-08-194.44x
2025-08-184.41x
2025-08-154.41x
2025-08-144.38x
2025-08-134.42x
2025-08-124.34x
2025-08-114.36x
2025-08-084.45x
2025-08-074.57x
2025-08-064.60x
2025-08-054.58x
2025-08-044.60x
2025-08-014.57x
2025-07-314.61x
2025-07-304.72x
2025-07-294.75x
2025-07-284.76x
2025-07-254.71x
2025-07-244.72x
2025-07-235.13x
2025-07-225.13x
2025-07-215.17x
2025-07-185.19x
2025-07-175.13x
2025-07-165.13x
2025-07-155.14x
2025-07-145.16x
2025-07-115.16x
2025-07-105.21x
2025-07-095.25x
2025-07-085.26x
2025-07-075.29x
2025-07-035.28x
2025-07-025.22x
2025-07-015.27x
2025-06-305.32x
2025-06-275.25x
2025-06-265.28x
2025-06-255.27x
2025-06-245.31x
2025-06-235.24x
2025-06-205.12x
2025-06-185.15x
2025-06-175.15x
2025-06-165.13x
2025-06-135.06x
2025-06-125.12x
2025-06-115.12x
2025-06-105.04x
2025-06-094.98x
2025-06-064.93x
2025-06-054.90x
2025-06-044.88x
2025-06-034.88x
2025-06-024.86x
2025-05-304.79x
2025-05-294.78x

Showing the most recent 260 of 5,031 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