International Business Machines Corporation (IBM) Free Cash Flow CAGR:9.61%(TTM)
The free cash flow cagr for International Business Machines Corporation (IBM) is +9.61% over the latest trailing 12-month period. Free cash flow CAGR uses precomputed cash-flow statement history.
The free cash flow CAGR for International Business Machines Corporation (IBM) stock is 9.61% over the past 12 months. The 3 year CAGR is 13.41% and the 5 year CAGR is -3.35%. Free cash flow CAGR measures how International Business Machines Corporation's cash generation has grown. FCF represents the cash available for dividends, buybacks, debt reduction, or reinvestment.
IBM Free Cash Flow CAGR Chart
International Business Machines Corporation (IBM)
IBM Free Cash Flow CAGR History
| Year | Start FCF | End FCF | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $11.76B | $11.57B | $-185.00M | -1.57% | -1.57% |
| 2024 | $12.12B | $11.76B | $-361.00M | -2.98% | -2.98% |
| 2023 | $8.46B | $12.12B | +$3.66B | +43.22% | +43.22% |
| 2022 | $10.03B | $8.46B | $-1.56B | -15.61% | -15.61% |
| 2021 | $14.97B | $10.03B | $-4.94B | -33.00% | -33.00% |
| 2020 | $11.86B | $14.97B | +$3.10B | +26.17% | +26.17% |
| 2019 | $11.28B | $11.86B | +$580.00M | +5.14% | +5.14% |
| 2018 | $12.95B | $11.28B | $-1.67B | -12.88% | -12.88% |
| 2017 | $12.93B | $12.95B | +$17.00M | +0.13% | +0.13% |
| 2016 | $13.10B | $12.93B | $-170.00M | -1.30% | -1.30% |
| 2015 | $12.69B | $13.10B | +$419.00M | +3.30% | +3.30% |
| 2014 | $13.35B | $12.69B | $-660.00M | -4.95% | -4.95% |
| 2013 | $14.87B | $13.35B | $-1.52B | -10.25% | -10.25% |
| 2012 | $15.18B | $14.87B | $-310.00M | -2.04% | -2.04% |
| 2011 | $14.79B | $15.18B | +$384.00M | +2.60% | +2.60% |
| 2010 | $16.70B | $14.79B | $-1.90B | -11.39% | -11.39% |
| 2009 | $13.93B | $16.70B | +$2.77B | +19.90% | +19.90% |
| 2008 | $10.58B | $13.93B | +$3.34B | +31.57% | +31.57% |
| 2007 | $9.85B | $10.58B | +$731.00M | +7.42% | +7.42% |
| 2006 | $10.28B | $9.85B | $-427.00M | -4.15% | -4.15% |
| 2005 | $10.29B | $10.28B | $-13.00M | -0.13% | -0.13% |
| 2004 | $9.56B | $10.29B | +$730.00M | +7.63% | +7.63% |
| 2003 | $8.44B | $9.56B | +$1.13B | +13.33% | +13.33% |
| 2002 | $8.62B | $8.44B | $-183.00M | -2.12% | -2.12% |
| 2001 | $3.09B | $8.62B | +$5.53B | +178.73% | +178.73% |
| 2000 | $3.69B | $3.09B | $-595.00M | -16.13% | -16.13% |
| 1999 | $2.50B | $3.69B | +$1.19B | +47.34% | +47.34% |
| 1998 | $1.76B | $2.50B | +$745.00M | +42.38% | +42.38% |
| 1997 | $4.10B | $1.76B | $-2.34B | -57.09% | -57.09% |
Quarterly Free Cash Flow — QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $4.78B | +52.6% | +20.2% |
| Q4 2025 | $3.13B | -15.1% | -19.4% |
| Q3 2025 | $3.69B | +147.3% | +50.1% |
| Q2 2025 | $1.49B | -62.5% | -8.1% |
| Q1 2025 | $3.98B | +2.3% | +4.7% |
| Q4 2024 | $3.89B | +58.2% | -3.2% |
| Q3 2024 | $2.46B | +51.5% | -7.7% |
| Q2 2024 | $1.62B | -57.3% | -24.1% |
| Q1 2024 | $3.79B | -5.5% | +14.8% |
| Q4 2023 | $4.01B | +50.8% | +17.8% |
| Q3 2023 | $2.66B | +24.6% | +84.2% |
| Q2 2023 | $2.14B | -35.4% | +163.8% |
| Q1 2023 | $3.31B | -3.0% | +18.2% |
| Q4 2022 | $3.41B | +135.8% | +75.5% |
| Q3 2022 | $1.45B | +78.5% | -26.9% |
| Q2 2022 | $810.00M | -71.1% | -56.5% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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.
- Sector
- Technology
- Industry
- Information Technology Services
- CEO
- Arvind Krishna