International Business Machines Corporation (using the trademark IBM), nicknamed Big Blue, is an American multinational technology company headquartered in Armonk, New York, and present in over 175 countries. It is a publicly traded company and one of the 30 companies in the Dow Jones Industrial Average. IBM is the largest industrial research organization in the world, with 19 research facilities across a dozen countries; for 29 consecutive years, from 1993 to 2021, it held the record for most annual U.S. patents generated by a business.
| trading_symbol | registrant_name | time | price | change | percentage_change | 
|---|---|---|---|---|---|
| IBM | INTERNATIONAL BUSINESS MACHINES CORP | 2025-10-30 20:12:29 | 310 | -0.06 | -0.02 | 
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time | 
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IBM | 0000051143 | INTERNATIONAL BUSINESS MACHINES CORP | US4592001014 | VGRQXHF3J8VDLUA7XE92 | 130871985 | NYSE | 3570 | Computer & office Equipment | 1231 | NY | 1 NEW ORCHARD ROAD | ARMONK | NY | 10504 | UNITED STATES | US | 9144991900 | 1 NEW ORCHARD RD, ARMONK, NY, 10504 | 1 NEW ORCHARD ROAD, ARMONK, NY, 10504 | — | Information technology | 1911-06-16 | Arvind Krishna | 270,300 | https://www.ibm.com/ | 159,200,000,000 | 2,288,396,487 | 934,735,206 | International Business Machines Corporation (using the trademark IBM), nicknamed Big Blue, is an American multinational technology company headquartered in Armonk, New York, and present in over 175 countries. It is a publicly traded company and one of the 30 companies in the Dow Jones Industrial Average. IBM is the largest industrial research organization in the world, with 19 research facilities across a dozen countries; for 29 consecutive years, from 1993 to 2021, it held the record for most annual U.S. patents generated by a business. | 2025-10-30 12:04:22 | 
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding | 
|---|---|---|---|---|---|---|
| 2024 | 159,200,000,000 | 37,300,000,000 | 30.5989 | 927,264,332 | 10,519,484 | 1.1475 | 
| 2023 | 121,900,000,000 | -5,600,000,000 | -4.3922 | 916,744,848 | 9,639,237 | 1.0626 | 
| 2022 | 127,500,000,000 | -3,900,000,000 | -2.968 | 907,105,611 | 7,795,625 | 0.8668 | 
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation | 
|---|---|---|---|---|---|---|---|---|
| K.M. Keverian | Senior Vp | 2014 | 450,000 | 500,000 | 7,088,414 | 510,300 | 1,011,731 | 0 | 
| S.A. Mills | Executive Vp | 2014 | 730,500 | 0 | 4,886,428 | 703,500 | 94,941 | 0 | 
| V.M. Rometty | CEO, Chairman, President | 2014 | 1,500,000 | 0 | 12,460,409 | 3,600,000 | 381,991 | 0 | 
| M.J. Schroeter | CFO, Senior Vp | 2014 | 660,000 | 0 | 3,616,006 | 747,600 | 80,812 | 0 | 
| J.E. Kelly | Senior Vp | 2014 | 638,000 | 0 | 3,909,248 | 791,100 | 96,193 | 0 | 
| Fiscal Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Revenue | 62,753,000,000 | 61,860,000,000 | 60,530,000,000 | 
| Cost Of Revenue | 27,201,000,000 | 27,560,000,000 | 27,842,000,000 | 
| Gross Profit | 35,551,000,000 | 34,300,000,000 | 32,687,000,000 | 
| Research And Development Expenses | 7,479,000,000 | 6,775,000,000 | 6,567,000,000 | 
| General And Administrative Expenses | 19,688,000,000 | 19,003,000,000 | 18,609,000,000 | 
| Operating Expenses | — | — | — | 
| Operating Income | — | — | — | 
| Net Income | 6,023,000,000 | 7,502,000,000 | 1,639,000,000 | 
| Earnings Per Share Basic | 6.53 | 8.23 | 1.82 | 
| Earnings Per Share Diluted | 6.43 | 8.14 | 1.8 | 
| Weighted Average Shares Outstanding Basic | 921,767,834 | 911,210,319 | 902,664,190 | 
| Weighted Average Shares Outstanding Diluted | 937,161,224 | 922,073,828 | 912,269,062 | 
| Fiscal Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Cash And Cash Equivalents | 13,947,000,000 | 13,068,000,000 | 7,886,000,000 | 
| Marketable Securities Current | — | — | — | 
| Accounts Receivable | 6,804,000,000 | 7,214,000,000 | 6,541,000,000 | 
| Inventories | 1,289,000,000 | 1,161,000,000 | 1,552,000,000 | 
| Non Trade Receivables | — | — | 6,851,000,000 | 
| Other Assets Current | — | — | — | 
| Total Assets Current | 34,482,000,000 | 32,908,000,000 | 29,118,000,000 | 
| Marketable Securities Non Current | — | — | — | 
| Property Plant And Equipment | — | — | 5,334,000,000 | 
| Other Assets Non Current | — | — | — | 
| Total Assets Non Current | 102,693,000,000 | 102,333,000,000 | 98,125,000,000 | 
| Total Assets | 137,175,000,000 | 135,241,000,000 | 127,243,000,000 | 
| Accounts Payable | 4,032,000,000 | 4,132,000,000 | 4,051,000,000 | 
| Deferred Revenue | 13,907,000,000 | 13,451,000,000 | 12,032,000,000 | 
| Short Term Debt | 5,089,000,000 | 6,426,000,000 | 4,760,000,000 | 
| Other Liabilities Current | — | — | — | 
| Total Liabilities Current | 33,142,000,000 | 34,122,000,000 | 31,505,000,000 | 
| Long Term Debt | 49,884,000,000 | 50,121,000,000 | 46,189,000,000 | 
| Other Liabilities Non Current | 11,048,000,000 | 11,475,000,000 | 12,243,000,000 | 
| Total Liabilities Non Current | 76,641,000,000 | 78,506,000,000 | 73,717,000,000 | 
| Total Liabilities | 109,783,000,000 | 112,628,000,000 | 105,222,000,000 | 
| Common Stock | 61,380,000,000 | 59,643,000,000 | 58,343,000,000 | 
| Retained Earnings | 151,163,000,000 | 151,276,000,000 | 149,825,000,000 | 
| Accumulated Other Comprehensive Income | -15,269,000,000 | -18,761,000,000 | -16,740,000,000 | 
| Total Shareholders Equity | 27,307,000,000 | 22,533,000,000 | 21,944,000,000 | 
| Fiscal Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Depreciation And Amortization | 2,168,000,000 | 2,109,000,000 | 2,407,000,000 | 
| Share Based Compensation Expense | 1,311,000,000 | 1,133,000,000 | 987,000,000 | 
| Other Non Cash Income Expense | — | 17,000,000 | -225,000,000 | 
| Change In Accounts Receivable | 374,000,000 | -725,000,000 | 539,000,000 | 
| Change In Inventories | 166,000,000 | -390,000,000 | -71,000,000 | 
| Change In Non Trade Receivables | — | — | — | 
| Change In Other Assets | — | — | — | 
| Change In Accounts Payable | -13,000,000 | 65,000,000 | 213,000,000 | 
| Change In Other Liabilities | -1,601,000,000 | -1,466,000,000 | 115,000,000 | 
| Cash From Operating Activities | 13,445,000,000 | 13,931,000,000 | 10,435,000,000 | 
| Purchases Of Marketable Securities | 7,762,000,000 | 11,143,000,000 | 5,930,000,000 | 
| Sales Of Marketable Securities | 6,544,000,000 | 10,647,000,000 | 4,665,000,000 | 
| Acquisition Of Property Plant And Equipment | 1,048,000,000 | 1,245,000,000 | 1,346,000,000 | 
| Acquisition Of Business | 3,289,000,000 | 5,082,000,000 | 2,348,000,000 | 
| Other Investing Activities | — | — | — | 
| Cash From Investing Activities | -4,937,000,000 | -7,070,000,000 | -4,202,000,000 | 
| Tax Withholding For Share Based Compensation | 651,000,000 | 402,000,000 | 407,000,000 | 
| Payments Of Dividends | 6,147,000,000 | 6,040,000,000 | 5,948,000,000 | 
| Issuance Of Common Stock | — | — | — | 
| Repurchase Of Common Stock | — | — | — | 
| Issuance Of Long Term Debt | — | — | — | 
| Repayment Of Long Term Debt | 6,615,000,000 | 5,082,000,000 | 6,800,000,000 | 
| Other Financing Activities | -145,000,000 | 176,000,000 | 176,000,000 | 
| Cash From Financing Activities | -7,079,000,000 | -1,769,000,000 | -4,958,000,000 | 
| Change In Cash | 1,071,000,000 | 5,101,000,000 | 1,032,000,000 | 
| Cash At End Of Period | 13,947,000,000 | 13,068,000,000 | 7,886,000,000 | 
| Income Taxes Paid | 1,723,000,000 | 1,564,000,000 | 1,865,000,000 | 
| Interest Paid | 1,978,000,000 | 1,668,000,000 | 1,401,000,000 | 
| Fiscal Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Earnings Per Share | 6.53 | 8.23 | 1.82 | 
| Price To Earnings Ratio | 33.6646 | 19.8724 | 77.4121 | 
| Earnings Growth Rate | -20.6561 | 352.1978 | -71.6069 | 
| Price Earnings To Growth Ratio | -1.6298 | 0.0564 | -1.0811 | 
| Book Value Per Share | 29.7168 | 24.8164 | 24.3956 | 
| Price To Book Ratio | 7.3975 | 6.5904 | 5.7752 | 
| Ebitda | 11,626,000,000 | 12,782,000,000 | 7,127,000,000 | 
| Enterprise Value | 243,658,222,948.22 | 192,507,447,672.45 | 170,239,357,729.1 | 
| Dividend Yield | 0.0303 | 0.0405 | 0.0468 | 
| Dividend Payout Ratio | 1.0206 | 0.8051 | 3.629 | 
| Debt To Equity Ratio | 2.0131 | 2.5095 | 2.3218 | 
| Capital Expenditures | — | — | 2,047,000,000 | 
| Free Cash Flow | — | — | 8,388,000,000 | 
| Return On Equity | 0.2206 | 0.3329 | 0.0747 | 
| One Year Beta | 0.7986 | 0.5232 | 0.5513 | 
| Three Year Beta | 0.5866 | 0.5371 | 0.8261 | 
| Five Year Beta | 0.8002 | 0.8192 | 0.8592 | 
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction | 
|---|---|---|---|---|---|
| Brown Marianne Catherine | Director | 2025-09-30 | 324 | A | 2,947 | 
| Buberl Thomas | Director | 2025-09-30 | 324 | A | 13,428 | 
| FARR DAVID N | Director | 2025-09-30 | 209 | A | 22,273 | 
| Gorsky Alex | Director | 2025-09-30 | 381 | A | 32,805 | 
| HOWARD MICHELLE J | Director | 2025-09-30 | 292 | A | 15,580 | 
| Name Of Reporting Person | Type Of Reporting Person | Report Date | Transaction Type | Transaction Date | Owner Type | Amount | 
|---|---|---|---|---|---|---|
| Thomas H Tuberville | Senator | 2024-02-14 | Sale (Full) | 2024-01-19 | Joint | $1,001 - $15,000 | 
| Shelley M Capito | Senator | 2022-07-15 | Sale (Partial) | 2022-06-17 | Spouse | $1,001 - $15,000 | 
| Thomas H Tuberville | Senator | 2022-02-14 | Purchase | 2022-01-12 | Joint | $1,001 - $15,000 | 
| Gary C Peters | Senator | 2022-01-08 | Purchase | 2022-01-03 | Self | $1,001 - $15,000 | 
| Shelley M Capito | Senator | 2021-08-11 | Sale (Partial) | 2021-07-26 | Spouse | $1,001 - $15,000 | 
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount | 
|---|---|---|---|---|---|---|
| Jonathan Jackson | 2025-09-23 | IL01 | Sale | 2025-08-13 | Spouse | $1,001 - $15,000 | 
| Julie Johnson | 2025-09-11 | TX32 | Sale (Partial) | 2025-08-14 | Joint | $1,001 - $15,000 | 
| Josh Gottheimer | 2025-09-05 | NJ05 | Sale (Partial) | 2025-08-12 | Joint | $1,001 - $15,000 | 
| Lisa McClain | 2025-08-13 | MI09 | Purchase | 2025-06-17 | Spouse | $1,001 - $15,000 | 
| Lisa McClain | 2025-08-13 | MI09 | Sale | 2025-07-16 | Spouse | $1,001 - $15,000 | 
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security | 
|---|---|---|---|---|
| JMAC ENTERPRISES LLC | 2025-09-30 | 564,320 | 2,000 | 282.16 | 
| RMG Wealth Management LLC | 2025-09-30 | 66,427 | 232 | 286.3233 | 
| Rossmore Private Capital | 2025-09-30 | 2,202,019 | 7,804 | 282.1654 | 
| Envestnet Portfolio Solutions, Inc. | 2025-09-30 | 4,940,142 | 17,508 | 282.1648 | 
| LOCKHEED MARTIN INVESTMENT MANAGEMENT CO | 2025-09-30 | 10,806,728 | 38,300 | 282.16 | 
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets | 
|---|---|---|---|---|---|---|
| SHELTON FUNDS | 2025-08-31 | K Shares | EQTKX | -135 | -8,775 | -0.0009 | 
| SHELTON FUNDS | 2025-08-31 | Investor Shares | EQTIX | -135 | -8,775 | -0.0009 | 
| SHELTON FUNDS | 2025-08-31 | K Shares | SPXKX | 5,036 | 1,226,215.64 | 0.4083 | 
| SHELTON FUNDS | 2025-08-31 | Investor Shares | SPFIX | 5,036 | 1,226,215.64 | 0.4083 | 
| Invesco Exchange-Traded Fund Trust II | 2025-08-31 | Invesco S&P 500 Momentum ETF | SPMO | 531,428 | 129,397,403.72 | 1.0633 |