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International Business Machines Corporation (IBM)
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International Business Machines Corporation (IBM) Free Cash Flow (FCF): $11.57B

The free cash flow (FCF) for International Business Machines Corporation (IBM) is $11.57B. It is below its 12-month average by 0.79% ($11.67B).

IBM Free Cash Flow (FCF) Chart

IBM Free Cash Flow (FCF)
$11.57B-1.57% 1Y
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IBM Average Free Cash Flow (FCF) Chart

IBM Current vs Average Free Cash Flow (FCF) Chart

IBM Free Cash Flow (FCF) Metrics

FREE CASH FLOW (FCF)

$11.57B

FREE CASH FLOW (FCF) AVG TTM

$11.67B

FREE CASH FLOW (FCF) AVG 3Y

$10.98B

FREE CASH FLOW (FCF) AVG 5Y

$11.49B

FREE CASH FLOW (FCF) AVG 10Y

$11.91B

FREE CASH FLOW (FCF) AVG 15Y

$12.62B

FREE CASH FLOW (FCF) AVG 20Y

$12.54B

CURRENT VS TTM AVG

-0.79%

CURRENT VS 3Y AVG

+5.42%

CURRENT VS 5Y AVG

+0.78%

CURRENT VS 10Y AVG

-2.84%

CURRENT VS 15Y AVG

-8.28%

CURRENT VS 20Y AVG

-7.67%

FCF Analysis

Free Cash Flow (TTM)

$11.57B

FCF Yield

4.95%

Price/FCF

20.2

Formula: FCF = Operating Cash Flow - Capital Expenditures

Why FCF matters:

  • Shows actual cash available (not accounting earnings)
  • Funds dividends, buybacks, and debt reduction
  • Less susceptible to accounting manipulation than net income
  • Key metric for DCF valuation models

International Business Machines Corporation Free Cash Flow (FCF) Formula & Definition

Free Cash Flow represents the cash a company generates after accounting for capital expenditures. It's the cash available for dividends, buybacks, debt reduction, or reinvestment.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

International Business Machines Corporation Free Cash Flow (FCF) FAQ

What is the free cash flow (FCF) for International Business Machines Corporation (IBM)?
The free cash flow (FCF) for IBM stock is $11.57B.
What is the TTM average free cash flow (FCF) for International Business Machines Corporation (IBM)?
The TTM average free cash flow (FCF) for IBM stock is $11.67B.
What is the 3Y average free cash flow (FCF) for International Business Machines Corporation (IBM)?
The 3Y average free cash flow (FCF) for IBM stock is $10.98B.
What is the 5Y average free cash flow (FCF) for International Business Machines Corporation (IBM)?
The 5Y average free cash flow (FCF) for IBM stock is $11.49B.
What is the 10Y average free cash flow (FCF) for International Business Machines Corporation (IBM)?
The 10Y average free cash flow (FCF) for IBM stock is $11.91B.
What is the 15Y average free cash flow (FCF) for International Business Machines Corporation (IBM)?
The 15Y average free cash flow (FCF) for IBM stock is $12.62B.
What is the 20Y average free cash flow (FCF) for International Business Machines Corporation (IBM)?
The 20Y average free cash flow (FCF) for IBM stock is $12.54B.

International Business Machines Corporation Free Cash Flow (FCF) History

DATEFREE CASH FLOW (FCF)
2025-12-31$11.57B
2024-12-31$11.76B
2023-12-31$12.12B
2022-12-31$8.46B
2021-12-31$10.03B
2020-12-31$14.97B
2019-12-31$11.86B
2018-12-31$11.28B
2017-12-31$12.95B
2016-12-31$12.93B
2015-12-31$13.10B
2014-12-31$12.69B
2013-12-31$13.35B
2012-12-31$14.87B
2011-12-31$15.18B
2010-12-31$14.79B
2009-12-31$16.70B
2008-12-31$13.93B
2007-12-31$10.58B
2006-12-31$9.85B
2005-12-31$10.28B
2004-12-31$10.29B
2003-12-31$9.56B
2002-12-31$8.44B
2001-12-31$8.62B
2000-12-31$3.09B
1999-12-31$3.69B
1998-12-31$2.50B
1997-12-31$1.76B
1996-12-31$4.10B

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