International Business Machines (IBM) Interest Coverage Ratio: History & Chart

International Business Machines Corporation(IBM)

Information Technology Services · Armonk, NY

$232.09+0.00 (+0.00%)

Delayed quote: Sep 8, 2026, 4:00 PM EDT

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

264,300 employees

www.ibm.com

Technology / Information Technology Services

Sector: Technology
Industry: Information Technology Services
CEO: Arvind Krishna

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IBM Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

6.46x

INTEREST COVERAGE RATIO AVG TTM

6.33x

INTEREST COVERAGE RATIO AVG 3Y

5.03x

INTEREST COVERAGE RATIO AVG 5Y

5.26x

INTEREST COVERAGE RATIO AVG 10Y

8.94x

INTEREST COVERAGE RATIO AVG 15Y

19.94x

INTEREST COVERAGE RATIO AVG 20Y

24.60x

CURRENT VS TTM AVG

+1.98%

CURRENT VS 3Y AVG

+28.45%

CURRENT VS 5Y AVG

+22.84%

CURRENT VS 10Y AVG

-27.73%

CURRENT VS 15Y AVG

-67.60%

CURRENT VS 20Y AVG

-73.74%

SECTOR MEDIAN · TECHNOLOGY

7.78x

median of 149 covered companies

CURRENT VS SECTOR MEDIAN

-16.97%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
International Business Machines Corporation (IBM)	$218.66B	6.46x	6.33x	5.03x	5.26x
CrowdStrike Holdings, Inc. (CRWD)vs ›	$213.85B	-10.47x	N/A	N/A	N/A
Salesforce, Inc. (CRM)vs ›	$204.03B	27.52x	27.00x	19.20x	12.74x
Seagate Technology Holdings plc (STX)vs ›	$202.79B	14.42x	14.42x	7.22x	7.38x
Amphenol Corporation (APH)vs ›	$201.62B	16.24x	15.69x	17.57x	17.24x
Texas Instruments Incorporated (TXN)vs ›	$236.46B	11.09x	10.93x	22.50x	28.29x
Marvell Technology, Inc. (MRVL)vs ›	$197.41B	6.61x	6.61x	4.00x	4.00x
Arista Networks, Inc. (ANET)vs ›	$245.49B	N/A	135.18x	98.84x	70.77x
SAP SE (SAP)vs ›	$246.50B	7.27x	5.89x	4.72x	7.37x
KLA Corporation (KLAC)vs ›	$246.86B	19.90x	18.24x	15.40x	16.70x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

International Business Machines Corporation (IBM)

$218.66B

6.46x

6.33x

5.03x

5.26x

CrowdStrike Holdings, Inc. (CRWD)vs ›

$213.85B

-10.47x

N/A

Salesforce, Inc. (CRM)vs ›

$204.03B

27.52x

27.00x

19.20x

12.74x

Seagate Technology Holdings plc (STX)vs ›

$202.79B

14.42x

7.22x

7.38x

Amphenol Corporation (APH)vs ›

$201.62B

16.24x

15.69x

17.57x

17.24x

Texas Instruments Incorporated (TXN)vs ›

$236.46B

11.09x

10.93x

22.50x

28.29x

Marvell Technology, Inc. (MRVL)vs ›

$197.41B

6.61x

4.00x

Arista Networks, Inc. (ANET)vs ›

$245.49B

N/A

135.18x

98.84x

70.77x

SAP SE (SAP)vs ›

$246.50B

7.27x

5.89x

4.72x

7.37x

KLA Corporation (KLAC)vs ›

$246.86B

19.90x

18.24x

15.40x

16.70x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for International Business Machines Corporation (IBM)?

The interest coverage ratio for IBM stock is 6.46x.

Is International Business Machines Corporation's interest coverage ratio high or low?

The interest coverage ratio of 6.46x is 23% above its 5-year average of 5.26x, around the middle of its 5-year range (3.62x–11.18x).

What is the TTM average interest coverage ratio for International Business Machines Corporation (IBM)?

The TTM average interest coverage ratio for IBM stock is 6.33x.

What is the 3Y average interest coverage ratio for International Business Machines Corporation (IBM)?

The 3Y average interest coverage ratio for IBM stock is 5.03x.

What is the 5Y average interest coverage ratio for International Business Machines Corporation (IBM)?

The 5Y average interest coverage ratio for IBM stock is 5.26x.

What is the 10Y average interest coverage ratio for International Business Machines Corporation (IBM)?

The 10Y average interest coverage ratio for IBM stock is 8.94x.

What is the 15Y average interest coverage ratio for International Business Machines Corporation (IBM)?

The 15Y average interest coverage ratio for IBM stock is 19.94x.

What is the 20Y average interest coverage ratio for International Business Machines Corporation (IBM)?

The 20Y average interest coverage ratio for IBM stock is 24.60x.

DATE	INTEREST COVERAGE RATIO
2026-06-30	5.38x
2026-03-31	4.69x
2025-12-31	10.14x
2025-09-30	5.41x
2025-06-30	6.05x
2025-03-31	3.88x
2024-12-31	9.20x
2024-09-30	5.07x
2024-06-30	5.70x
2024-03-31	3.62x
2023-12-31	9.86x
2023-09-30	5.11x
2023-06-30	5.39x
2023-03-31	3.91x
2022-12-31	11.18x
2022-09-30	5.29x
2022-06-30	6.60x
2022-03-31	3.81x
2021-12-31	9.78x
2021-09-30	4.61x
2021-06-30	5.69x
2021-03-31	3.41x
2020-12-31	12.62x
2020-09-30	7.46x
2020-06-30	6.84x
2020-03-31	3.64x
2019-12-31	12.05x
2019-09-30	4.45x
2019-06-30	6.81x
2019-03-31	9.62x
2018-12-31	24.99x
2018-09-30	18.15x
2018-06-30	18.89x
2018-03-31	10.47x
2017-12-31	28.37x
2017-09-30	20.23x
2017-06-30	19.60x
2017-03-31	14.03x
2016-12-31	31.87x
2016-09-30	21.39x
2016-06-30	19.63x
2016-03-31	10.41x
2015-12-31	40.05x
2015-09-30	31.03x
2015-06-30	35.76x
2015-03-31	28.22x
2014-12-31	49.72x
2014-09-30	35.60x
2014-06-30	39.32x
2014-03-31	30.62x
2013-12-31	62.32x
2013-09-30	51.90x
2013-06-30	42.60x
2013-03-31	38.96x
2012-12-31	80.64x
2012-09-30	37.16x
2012-06-30	44.01x
2012-03-31	35.40x
2011-12-31	62.75x
2011-09-30	46.41x
2011-06-30	49.33x
2011-03-31	36.91x
2010-12-31	66.21x
2010-09-30	46.20x
2010-06-30	47.46x
2010-03-31	27.66x
2009-12-31	74.41x
2009-09-30	49.33x
2009-06-30	40.16x
2009-03-31	19.76x
2008-12-31	29.19x
2008-09-30	24.30x
2008-06-30	25.17x
2008-03-31	16.72x
2007-12-31	33.58x
2007-09-30	16.10x
2007-06-30	16.70x
2007-03-31	22.56x
2006-12-31	63.31x
2006-09-30	31.94x
2006-06-30	27.72x
2006-03-31	21.92x
2005-09-30	47.48x
2005-06-30	11.96x
2005-03-31	38.00x
2004-06-30	63.94x
2004-03-31	51.94x

DATE

INTEREST COVERAGE RATIO

2026-06-30

5.38x

2026-03-31

4.69x

2025-12-31

10.14x

2025-09-30

5.41x

2025-06-30

6.05x

2025-03-31

3.88x

2024-12-31

9.20x

2024-09-30

5.07x

2024-06-30

5.70x

2024-03-31

3.62x

2023-12-31

9.86x

2023-09-30

5.11x

2023-06-30

5.39x

2023-03-31

3.91x

2022-12-31

11.18x

2022-09-30

5.29x

2022-06-30

6.60x

2022-03-31

3.81x

2021-12-31

9.78x

2021-09-30

4.61x

2021-06-30

5.69x

2021-03-31

3.41x

2020-12-31

12.62x

2020-09-30

7.46x

2020-06-30

6.84x

2020-03-31

3.64x

2019-12-31

12.05x

2019-09-30

4.45x

2019-06-30

6.81x

2019-03-31

9.62x

2018-12-31

24.99x

2018-09-30

18.15x

2018-06-30

18.89x

2018-03-31

10.47x

2017-12-31

28.37x

2017-09-30

20.23x

2017-06-30

19.60x

2017-03-31

14.03x

2016-12-31

31.87x

2016-09-30

21.39x

2016-06-30

19.63x

2016-03-31

10.41x

2015-12-31

40.05x

2015-09-30

31.03x

2015-06-30

35.76x

2015-03-31

28.22x

2014-12-31

49.72x

2014-09-30

35.60x

2014-06-30

39.32x

2014-03-31

30.62x

2013-12-31

62.32x

2013-09-30

51.90x

2013-06-30

42.60x

2013-03-31

38.96x

2012-12-31

80.64x

2012-09-30

37.16x

2012-06-30

44.01x

2012-03-31

35.40x

2011-12-31

62.75x

2011-09-30

46.41x

2011-06-30

49.33x

2011-03-31

36.91x

2010-12-31

66.21x

2010-09-30

46.20x

2010-06-30

47.46x

2010-03-31

27.66x

2009-12-31

74.41x

2009-09-30

49.33x

2009-06-30

40.16x

2009-03-31

19.76x

2008-12-31

29.19x

2008-09-30

24.30x

2008-06-30

25.17x

2008-03-31

16.72x

2007-12-31

33.58x

2007-09-30

16.10x

2007-06-30

16.70x

2007-03-31

22.56x

2006-12-31

63.31x

2006-09-30

31.94x

2006-06-30

27.72x

2006-03-31

21.92x

2005-09-30

47.48x

2005-06-30

11.96x

2005-03-31

38.00x

2004-06-30

63.94x

2004-03-31

51.94x

Interest Coverage Ratio: 6.46x

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