International Business Machines

IBM · NYSE · Technology / Information Technology Services

247.13USD+2.46 (+1.01%)

Price History

Full chart

Market Stats

Previous Close244.67

Open246.63

Day Range244.83 – 247.85

52-Week Range197.77 – 330.09

Volume2.67M

Market Cap236.91B

P/E (TTM)21.46

Forward P/E17.39

EPS11.72

Dividend Yield2.69%

Beta0.72

50-Day Avg232.39

200-Day Avg250.92

About

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers hybrid cloud and AI platforms that allow clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment delivers strategy and technology services and intelligent operations, providing business transformation, technology implementation, managed services, application modernization, and AI-powered solutions. The Infrastructure segment provides on-premises and cloud-based server, and storage solutions, as well as life-cycle services for hybrid cloud infrastructure deployment. The Financing segment offers client and commercial financing, and facilitates IBM clients' acquisition of hardware, software, and services. It operates a data streaming platform. The company has strategic partnerships with various companies, including hyperscalers, service providers, global system integrators, and software and hardware vendors that include Adobe, Amazon Web Services, Microsoft, Oracle, Salesforce, Samsung Electronics and SAP, and others. It also has a strategic collaboration with Arm Holdings plc for the development of new dual-architecture hardware that helps enterprises run future AI and data intensive workloads; strategic partnership with three.ws to advance ai-powered 3d agent technology; and collaboration with Lightwell to help strengthen open source software supply chain. Additionally, it offers operational resilience, logistics, and future-ready technology to the UK Ministry of Defence through Team ORION. The company was formerly known as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. International Business Machines Corporation was incorporated in 1911 and is headquartered in

Company Details

SectorTechnology
IndustryInformation Technology Services
CEOMr. Arvind Krishna
Employees264.30K
HeadquartersOne New Orchard Road, Armonk, NY, United States, 10504, USA
Websitehttps://www.ibm.com

Leadership

Mr. Arvind KrishnaCEO, President & Chairman · b. 1963
Mr. James J. KavanaughCFO and Senior VP of Finance & Operations · b. 1967
Ms. Anne E. RobinsonSenior VP & Chief Legal Officer · b. 1971
Mr. Robert D. ThomasSenior VP of IBM Software & Chief Commercial Officer · b. 1949
Mr. Gary D. CohnExecutive Vice Chairman · b. 1961
Olympia McNerneyGlobal Head of Investor Relations
Ms. Nickle Jaclyn LaMoreauxSenior VP & Chief Human Resources Officer · b. 1980
Dr. Bernard S. Meyerson Ph.D.Chief Innovation Officer Emeritus
Mr. Alexander Franz SternSenior Vice President of Strategy and Mergers & Acquisitions · b. 1966
Mr. Kirill KornilievVP of Sales and Head of The Industry Solutions Area In Central & Eastern Europe

Financials

Income Statement

Currency: USD	1986-12-31	1987-12-31	1988-12-31	1989-12-31	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: USD	1986-12-31	1987-12-31	1988-12-31	1989-12-31	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	51.25B	54.22B	59.68B	62.71B	69.02B	64.79B	64.52B	62.72B	62.67B	71.94B	73.42B	78.51B	81.67B	87.55B	88.40B	83.07B	81.19B	89.13B	96.29B	91.13B	91.42B	98.79B	103.63B	95.76B	99.87B	106.92B	102.87B	98.37B	92.79B	81.74B	79.92B	79.14B	79.59B	57.71B	73.62B	57.35B	60.53B	61.86B	62.75B	67.54B
Growth (%)	-	+5.79%	+10.08%	+5.08%	+10.06%	-6.12%	-0.42%	-2.80%	-0.08%	+14.80%	+2.06%	+6.92%	+4.02%	+7.20%	+0.97%	-6.03%	-2.26%	+9.79%	+8.04%	-5.36%	+0.32%	+8.05%	+4.90%	-7.60%	+4.30%	+7.05%	-3.78%	-4.38%	-5.67%	-11.91%	-2.23%	-0.98%	+0.57%	-27.49%	+27.56%	-22.10%	+5.54%	+2.20%	+1.44%	+7.62%
Cost of Revenue	19.39B	21.08B	21.78B	23.46B	26.51B	27.32B	35.07B	38.57B	37.38B	41.57B	45.41B	47.90B	50.80B	55.62B	55.97B	51.18B	50.90B	56.58B	60.72B	54.60B	53.13B	57.06B	57.97B	51.97B	53.86B	56.78B	52.51B	49.68B	46.39B	41.06B	41.40B	42.20B	42.66B	26.18B	38.05B	25.86B	27.84B	27.56B	27.20B	28.24B
Gross Profit	31.86B	33.13B	37.90B	39.25B	42.51B	37.47B	29.45B	24.15B	25.28B	30.37B	28.02B	30.61B	30.87B	31.93B	32.42B	31.89B	30.28B	32.55B	35.57B	36.53B	38.30B	41.73B	45.66B	43.78B	46.01B	50.14B	50.36B	48.68B	46.41B	40.68B	38.52B	36.94B	36.94B	31.53B	35.58B	31.49B	32.69B	34.30B	35.55B	39.30B
Gross Margin	62.17%	61.11%	63.51%	62.59%	61.60%	57.83%	45.65%	38.50%	40.35%	42.21%	38.16%	38.99%	37.80%	36.47%	36.68%	38.39%	37.30%	36.52%	36.94%	40.09%	41.89%	42.24%	44.06%	45.72%	46.07%	46.89%	48.95%	49.49%	50.01%	49.77%	48.19%	46.68%	46.41%	54.64%	48.32%	54.90%	54.00%	55.45%	56.65%	58.19%
Operating Expense	24.00B	25.39B	29.16B	32.36B	31.48B	36.53B	26.05B	23.84B	20.28B	22.78B	21.94B	21.51B	21.71B	20.00B	20.79B	22.03B	23.49B	23.91B	25.95B	27.16B	26.37B	28.21B	29.72B	26.77B	26.03B	28.22B	27.37B	27.18B	26.07B	24.18B	23.84B	23.80B	23.72B	24.00B	28.68B	24.65B	24.51B	26.79B	25.48B	26.80B
Operating Income	7.86B	7.74B	8.75B	6.89B	11.03B	942.00M	3.41B	308.00M	5.00B	7.59B	6.07B	9.10B	9.16B	11.93B	11.63B	9.86B	6.80B	8.63B	9.62B	9.38B	11.93B	13.52B	15.94B	17.01B	19.98B	21.92B	22.99B	21.50B	20.34B	16.51B	14.68B	13.14B	13.22B	7.54B	6.89B	6.83B	8.17B	7.51B	10.07B	12.49B
Operating Margin	15.33%	14.28%	14.65%	10.99%	15.98%	1.45%	5.28%	0.49%	7.99%	10.55%	8.27%	11.59%	11.22%	13.62%	13.16%	11.86%	8.37%	9.68%	9.99%	10.29%	13.05%	13.68%	15.38%	17.77%	20.01%	20.50%	22.35%	21.86%	21.92%	20.20%	18.36%	16.60%	16.61%	13.06%	9.37%	11.91%	13.50%	12.15%	16.05%	18.50%
EBITDA	11.18B	11.27B	12.62B	11.13B	15.25B	6.09B	-1.41B	-863.00M	12.68B	14.14B	14.31B	14.76B	14.74B	19.07B	17.25B	14.36B	12.16B	14.48B	15.72B	17.63B	18.58B	20.30B	22.84B	23.53B	24.92B	26.23B	27.68B	25.32B	24.96B	20.27B	17.34B	16.56B	16.55B	14.61B	12.71B	13.44B	7.17B	7.51B	12.18B	17.28B
EBITDA Margin	21.80%	20.78%	21.14%	17.75%	22.09%	9.40%	-2.18%	-1.38%	20.23%	19.66%	19.50%	18.80%	18.06%	21.78%	19.51%	17.29%	14.98%	16.24%	16.33%	19.35%	20.32%	20.55%	22.04%	24.58%	24.95%	24.53%	26.90%	25.74%	26.90%	24.80%	21.70%	20.92%	20.79%	25.31%	17.26%	23.43%	11.85%	12.15%	19.40%	25.59%
Net Income	4.79B	5.26B	5.49B	3.76B	6.02B	-564.00M	-6.87B	-7.99B	3.02B	4.18B	5.43B	6.09B	6.33B	7.71B	8.09B	7.72B	3.58B	6.56B	7.48B	7.93B	9.49B	10.42B	12.33B	13.43B	14.83B	15.86B	16.60B	16.48B	12.02B	13.19B	11.87B	5.75B	8.73B	9.43B	5.59B	5.74B	1.64B	7.50B	6.02B	10.59B
Net Income Margin	9.34%	9.70%	9.20%	5.99%	8.72%	-0.87%	-10.64%	-12.74%	4.82%	5.81%	7.39%	7.76%	7.75%	8.81%	9.16%	9.30%	4.41%	7.36%	7.77%	8.71%	10.38%	10.55%	11.90%	14.02%	14.85%	14.83%	16.14%	16.76%	12.96%	16.14%	14.85%	7.27%	10.97%	16.34%	7.59%	10.01%	2.71%	12.13%	9.60%	15.68%
R&D	-	-	-	-	-	-	6.52B	5.56B	4.36B	6.01B	5.09B	4.88B	5.05B	5.27B	5.15B	4.99B	4.75B	5.31B	5.87B	5.84B	6.11B	6.15B	6.34B	5.82B	6.03B	6.26B	5.82B	5.74B	5.44B	5.25B	5.73B	5.59B	5.38B	5.91B	6.33B	6.49B	6.57B	6.63B	7.48B	8.32B
R&D as % of Total Revenue	-	-	-	-	-	-	10.11%	8.86%	6.96%	8.35%	6.93%	6.21%	6.18%	6.02%	5.83%	6.00%	5.85%	5.96%	6.10%	6.41%	6.68%	6.23%	6.12%	6.08%	6.03%	5.85%	5.65%	5.84%	5.86%	6.42%	7.16%	7.06%	6.76%	10.24%	8.60%	11.31%	10.85%	10.72%	11.92%	12.31%
Interest Expense	0	0	0	0	0	0	1.36B	1.27B	1.23B	725.00M	716.00M	728.00M	713.00M	727.00M	717.00M	0	145.00M	145.00M	139.00M	220.00M	278.00M	611.00M	673.00M	402.00M	368.00M	411.00M	459.00M	402.00M	484.00M	468.00M	630.00M	663.00M	686.00M	1.02B	1.29B	1.16B	1.22B	1.61B	1.71B	1.94B
Interest Expense % of Total Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.11%	2.03%	1.96%	1.01%	0.98%	0.93%	0.87%	0.83%	0.81%	0.00%	0.18%	0.16%	0.14%	0.24%	0.30%	0.62%	0.65%	0.42%	0.37%	0.38%	0.45%	0.41%	0.52%	0.57%	0.79%	0.84%	0.86%	1.77%	1.75%	2.01%	2.01%	2.60%	2.73%	2.87%

Balance Sheet

Currency: USD	1986-12-31	1987-12-31	1988-12-31	1989-12-31	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: USD	1986-12-31	1987-12-31	1988-12-31	1989-12-31	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	57.81B	63.69B	73.04B	77.73B	87.57B	92.47B	86.70B	81.11B	81.09B	80.29B	81.13B	81.50B	86.10B	87.50B	88.35B	88.31B	96.48B	104.46B	109.18B	105.75B	103.23B	120.43B	109.52B	109.02B	113.45B	116.43B	119.21B	126.22B	117.53B	110.50B	117.47B	125.36B	123.38B	152.19B	155.97B	132.00B	127.24B	135.24B	137.18B	151.88B
Total Liabilities	23.44B	25.43B	33.53B	39.23B	44.74B	55.47B	59.08B	61.38B	57.68B	57.87B	59.50B	61.68B	66.67B	66.98B	67.72B	64.70B	73.70B	76.59B	79.44B	72.65B	74.73B	91.96B	96.06B	86.27B	90.28B	96.20B	100.23B	103.29B	105.52B	96.07B	99.08B	107.63B	106.45B	131.20B	135.25B	113.00B	105.22B	112.63B	109.78B	119.14B
Total Equity	34.37B	38.26B	39.51B	38.51B	42.83B	37.01B	27.62B	19.74B	23.41B	22.42B	21.63B	19.82B	19.43B	20.51B	20.62B	23.61B	22.78B	27.86B	29.75B	33.10B	28.51B	28.47B	13.46B	22.64B	23.05B	20.14B	18.86B	22.79B	11.87B	14.26B	18.25B	17.72B	16.93B	20.98B	20.73B	19.00B	21.94B	22.53B	27.31B	32.65B
Cash	7.26B	6.97B	6.12B	3.70B	3.85B	3.94B	4.45B	5.86B	7.92B	7.26B	7.69B	7.11B	5.38B	5.04B	3.56B	6.33B	5.38B	7.29B	10.05B	12.57B	8.02B	14.99B	12.74B	12.18B	10.66B	11.92B	10.41B	10.72B	8.48B	7.69B	7.83B	11.97B	11.38B	8.17B	13.21B	6.65B	7.89B	13.07B	13.95B	13.64B
Total Debt	4.17B	3.86B	13.38B	16.72B	19.55B	26.95B	29.32B	28.93B	22.12B	21.63B	22.83B	26.93B	29.41B	28.35B	28.58B	27.15B	26.02B	23.63B	22.93B	22.64B	22.68B	35.27B	33.93B	26.10B	28.62B	31.32B	33.27B	39.72B	40.72B	39.89B	42.17B	46.82B	45.81B	64.28B	62.90B	55.14B	54.01B	59.94B	58.40B	67.15B
Net Debt	-3.09B	-3.11B	7.26B	13.02B	15.69B	23.00B	24.87B	23.07B	14.20B	14.37B	15.14B	19.82B	24.04B	23.31B	25.01B	20.82B	20.64B	16.34B	12.87B	10.07B	14.66B	20.28B	21.18B	13.92B	17.96B	19.40B	22.86B	29.00B	32.25B	32.20B	34.34B	34.85B	34.43B	56.11B	49.68B	48.49B	46.13B	46.87B	44.45B	53.51B

Cash Flow

Currency: USD	1989-12-31	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: USD	1989-12-31	1990-12-31	1991-12-31	1992-12-31	1993-12-31	1994-12-31	1995-12-31	1996-12-31	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	7.37B	7.47B	6.72B	6.27B	8.33B	11.79B	10.71B	10.28B	8.87B	9.27B	10.11B	9.27B	14.02B	13.79B	14.41B	15.41B	14.91B	15.02B	16.09B	18.81B	20.77B	19.55B	19.85B	19.59B	17.48B	16.87B	17.25B	17.08B	16.72B	15.25B	14.77B	18.20B	12.80B	10.44B	13.43B	13.45B	13.19B
Investing Cash Flow	-7.08B	-7.14B	-7.69B	-5.88B	-4.20B	-3.43B	-5.05B	-5.72B	-6.16B	-6.13B	-1.67B	-4.25B	-6.11B	-6.90B	-5.12B	-5.35B	-4.42B	-11.55B	-4.67B	-9.29B	-6.73B	-8.51B	-4.40B	-9.00B	-7.30B	-3.00B	-8.20B	-10.54B	-7.10B	-4.91B	-26.94B	-3.03B	-5.97B	-4.20B	-7.07B	-4.94B	-10.30B
Financing Cash Flow	-609.00M	-306.00M	1.37B	654.00M	-1.91B	-6.41B	-6.38B	-3.95B	-3.09B	-4.99B	-8.63B	-6.36B	-5.31B	-7.26B	-7.80B	-7.62B	-7.15B	-8.20B	-4.74B	-11.83B	-14.70B	-12.43B	-13.70B	-11.98B	-9.88B	-15.45B	-9.41B	-5.92B	-6.42B	-10.47B	9.04B	-9.72B	-13.35B	-4.96B	-6.02B	-7.08B	-3.83B
Capital Expenditure	6.41B	6.51B	6.50B	6.50B	3.15B	4.44B	5.57B	6.18B	7.11B	6.77B	6.42B	6.18B	5.40B	5.35B	4.39B	5.06B	4.63B	5.17B	5.50B	4.89B	4.08B	4.75B	4.67B	4.72B	4.14B	4.18B	4.15B	4.15B	3.77B	3.96B	2.91B	3.04B	2.38B	1.86B	1.92B	1.69B	1.09B
Free Cash Flow	958.00M	963.00M	228.00M	-229.00M	5.17B	7.35B	5.14B	4.10B	1.76B	2.50B	3.69B	3.09B	8.62B	8.44B	10.01B	10.35B	10.28B	9.85B	10.58B	13.93B	16.70B	14.79B	15.18B	14.87B	13.35B	12.69B	13.10B	12.93B	12.95B	11.28B	11.86B	15.15B	10.41B	8.57B	13.43B	11.76B	12.10B
Dividends Paid	2.75B	2.77B	2.77B	2.77B	933.00M	662.00M	591.00M	706.00M	783.00M	834.00M	879.00M	929.00M	966.00M	1.00B	1.08B	1.17B	1.25B	1.68B	2.15B	2.58B	2.86B	3.18B	3.47B	3.77B	4.10B	4.30B	4.90B	5.26B	5.51B	5.67B	5.71B	5.80B	5.87B	5.95B	6.02B	6.15B	6.25B
FCF to OCF	13.00%	12.89%	3.39%	-3.65%	62.12%	62.36%	48.01%	39.87%	19.83%	26.99%	36.48%	33.35%	61.49%	61.20%	69.51%	67.18%	68.93%	65.60%	65.78%	74.02%	80.37%	75.68%	76.48%	75.92%	76.32%	75.20%	75.94%	75.71%	77.44%	74.00%	80.32%	83.28%	81.39%	82.18%	100.00%	87.47%	91.73%
Dividend Paid to FCF	287.27%	288.06%	1215.35%	-1207.42%	18.04%	9.00%	11.50%	17.23%	44.54%	33.32%	23.83%	30.04%	11.21%	11.91%	10.83%	11.34%	12.16%	17.08%	20.29%	18.56%	17.13%	21.47%	22.88%	25.37%	30.72%	33.90%	37.39%	40.64%	42.51%	50.22%	48.11%	38.25%	56.35%	69.36%	44.79%	52.27%	51.69%

Earnings

Report Date	Mar 31, 1994	Jun 30, 1994	Sep 30, 1994	Dec 31, 1994	Mar 31, 1995	Jun 30, 1995	Sep 30, 1995	Dec 31, 1995	Apr 17, 1996	Jul 25, 1996	Oct 21, 1996	Jan 21, 1997	Apr 23, 1997	Jul 21, 1997	Oct 20, 1997	Jan 20, 1998	Apr 20, 1998	Jul 20, 1998	Oct 20, 1998	Jan 21, 1999	Apr 21, 1999	Jul 19, 1999	Oct 20, 1999	Jan 19, 2000	Apr 18, 2000	Jul 19, 2000	Oct 17, 2000	Jan 17, 2001	Apr 18, 2001	Jul 18, 2001	Oct 16, 2001	Jan 17, 2002	Apr 17, 2002	Jul 17, 2002	Oct 16, 2002	Jan 16, 2003	Apr 14, 2003	Jul 16, 2003	Oct 15, 2003	Jan 15, 2004	Apr 15, 2004	Jul 15, 2004	Oct 18, 2004	Jan 18, 2005	Apr 14, 2005	Jul 18, 2005	Oct 17, 2005	Jan 17, 2006	Apr 18, 2006	Jul 18, 2006	Oct 17, 2006	Jan 18, 2007	Apr 17, 2007	Jul 18, 2007	Oct 16, 2007	Jan 14, 2008	Apr 16, 2008	Jul 17, 2008	Oct 16, 2008	Jan 20, 2009	Apr 20, 2009	Jul 16, 2009	Oct 15, 2009	Jan 19, 2010	Apr 19, 2010	Jul 19, 2010	Oct 18, 2010	Jan 18, 2011	Apr 19, 2011	Jul 18, 2011	Oct 17, 2011	Jan 19, 2012	Apr 17, 2012	Jul 18, 2012	Oct 16, 2012	Jan 22, 2013	Apr 18, 2013	Jul 17, 2013	Oct 16, 2013	Jan 21, 2014	Apr 16, 2014	Jul 17, 2014	Oct 20, 2014	Jan 20, 2015	Apr 20, 2015	Jul 20, 2015	Oct 19, 2015	Jan 19, 2016	Apr 18, 2016	Jul 18, 2016	Oct 17, 2016	Jan 19, 2017	Apr 18, 2017	Jul 18, 2017	Oct 17, 2017	Jan 18, 2018	Apr 17, 2018	Jul 18, 2018	Oct 16, 2018	Jan 22, 2019	Apr 16, 2019	Jul 17, 2019	Oct 16, 2019	Jan 21, 2020	Apr 20, 2020	Jul 20, 2020	Oct 19, 2020	Jan 21, 2021	Apr 19, 2021	Jul 19, 2021	Oct 20, 2021	Jan 24, 2022	Apr 19, 2022	Jul 18, 2022	Oct 19, 2022	Jan 25, 2023	Apr 19, 2023	Jul 19, 2023	Oct 25, 2023	Jan 24, 2024	Apr 24, 2024	Jul 24, 2024	Oct 23, 2024	Jan 29, 2025	Apr 23, 2025	Jul 23, 2025	Oct 22, 2025	Jan 28, 2026	Apr 22, 2026	Jul 22, 2026	Oct 21, 2026
EPS Estimate	-	-	-	-	-	-	-	-	0.60	0.61	0.61	0.99	0.58	0.71	0.68	1.07	0.53	0.75	0.77	1.22	0.70	0.88	0.89	1.06	0.78	1.00	1.07	1.46	0.98	1.15	0.89	1.32	0.69	0.86	0.96	1.30	0.80	0.98	1.02	1.50	0.93	1.12	1.14	1.76	0.90	1.03	1.13	1.94	1.05	1.29	1.35	2.19	1.21	1.47	1.68	2.60	1.45	1.82	2.02	3.04	1.66	2.01	2.38	3.47	1.94	2.57	2.75	4.08	2.30	3.03	3.22	4.62	2.65	3.43	3.61	5.25	3.05	3.79	3.96	6.00	2.54	4.31	4.32	5.41	2.84	3.79	3.30	4.81	2.17	2.88	3.23	4.88	2.35	2.74	3.28	5.17	2.42	3.04	3.40	4.82	2.24	3.07	2.66	4.69	1.80	2.09	2.58	1.88	1.65	2.29	2.51	3.29	1.42	2.29	1.80	3.61	1.24	2.00	2.13	3.78	1.60	2.17	2.23	3.78	1.43	2.65	2.45	4.29	1.81	2.93	2.88
EPS Actual	0.16	0.28	0.29	0.52	0.52	0.73	-0.24	0.77	0.55	0.63	0.61	0.98	0.59	0.73	0.69	1.08	0.53	0.77	0.78	1.24	0.78	0.91	0.90	1.12	0.83	1.06	1.08	1.48	0.98	1.15	0.90	1.33	0.68	0.89	0.99	1.34	0.79	0.98	1.02	1.56	0.93	1.16	1.17	1.81	0.85	1.12	1.26	2.11	1.08	1.30	1.45	2.26	1.21	1.50	1.68	2.80	1.65	1.98	2.05	3.28	1.70	2.32	2.40	3.59	1.97	2.61	2.82	4.18	2.41	3.09	3.28	4.71	2.78	3.51	3.62	5.39	3.00	3.91	3.99	6.13	2.54	4.32	3.54	5.81	2.91	3.84	3.34	4.84	2.35	2.95	3.29	5.01	2.38	2.97	3.30	5.18	2.45	3.08	3.42	4.87	2.25	3.17	2.68	4.71	1.84	2.18	2.58	2.07	1.77	2.33	2.52	3.35	1.40	2.31	1.81	3.60	1.36	2.18	2.20	3.87	1.68	2.43	2.30	3.92	1.60	2.80	2.65	4.52	1.91	2.93	2.95
Surprise	-	-	-	-	-	-	-	-	-8.33%	3.28%	0.00%	-1.01%	1.72%	2.82%	1.47%	0.93%	0.00%	2.67%	1.30%	1.64%	11.43%	3.41%	1.12%	5.66%	6.41%	6.00%	0.93%	1.37%	0.00%	0.00%	1.12%	0.76%	-1.45%	3.49%	3.13%	3.08%	-1.25%	0.00%	0.00%	4.00%	0.00%	3.57%	2.63%	2.84%	-5.56%	8.74%	11.50%	8.76%	2.86%	0.78%	7.41%	3.20%	0.00%	2.04%	0.00%	7.69%	13.79%	8.79%	1.49%	7.89%	2.41%	15.42%	0.84%	3.46%	1.55%	1.56%	2.55%	2.45%	4.78%	1.98%	1.86%	1.95%	4.91%	2.33%	0.28%	2.67%	-1.64%	3.17%	0.76%	2.17%	0.00%	0.23%	-18.06%	7.39%	2.46%	1.32%	1.21%	0.62%	8.29%	2.43%	1.86%	2.66%	1.28%	8.39%	0.61%	0.19%	1.24%	1.32%	0.59%	1.04%	0.45%	3.26%	0.75%	0.43%	2.22%	4.31%	0.00%	10.11%	7.27%	1.75%	0.40%	1.82%	-1.41%	0.87%	0.56%	-0.28%	9.68%	9.00%	3.29%	2.38%	5.00%	11.98%	3.14%	3.70%	11.89%	5.66%	8.16%	5.36%	5.52%	0.00%	2.43%
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	-	-	-	-	-	-	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap236.91B

Enterprise Value275.13B

Trailing P/E21.46

Forward P/E17.39

PEG Ratio2.19

Price / Sales3.43

Price / Book6.33

EPS11.72

Book Value36.57

Revenue (TTM)69.09B

Gross Profit (TTM)40.14B

EBITDA16.47B

Profit Margin15.52%

Operating Margin16.55%

Return on Equity34.46%

Return on Assets5.30%

Shares Outstanding942.13M

Shares Float940.19M

Beta0.72

Dividend Yield2.69%

Dividend Rate6.76

Payout Ratio45.98%

Analyst Ratings

Buy

Based on 25 analystsTarget 243.09

Strong Buy
9
Buy
3
Hold
11
Sell
1
Strong Sell
1

Ownership Breakdown

Institutions: 66.54%
Insiders: 0.10%
Retail / Other: 33.36%

Top Institutional Holders

BlackRock Inc
76.76M8.15%
Vanguard Capital Management, LLC
61.39M6.52%
State Street Corp
56.05M5.95%
Vanguard Portfolio Management, LLC
28.35M3.01%
Geode Capital Management, LLC
23.45M2.49%
Morgan Stanley - Brokerage Accounts
17.46M1.85%
Capital World Investors
16.21M1.72%
Bank of America Corp
14.99M1.59%
JPMorgan Chase & Co
12.45M1.32%
Northern Trust Corp
10.23M1.09%
Bank of New York Mellon Corp
9.27M0.98%
NORGES BANK
8.42M0.89%
UBS Asset Mgmt Americas Inc
7.62M0.81%
FMR Inc
7.43M0.79%

Top Fund Holders

Vanguard MStar Total Stk Mkt Idx Invest
29.87M3.17%
Vanguard 500 Index Investor
24.74M2.63%
iShares Core S&P 500 ETF
12.55M1.33%
Fidelity 500 Index
12.20M1.29%
State Street® SPDR® S&P 500® ETF
11.56M1.23%
Vanguard MStar Value Index Investor
8.97M0.95%

Dividends

20264×

1.69Nov 10, 20261.69Aug 10, 20261.69May 8, 20261.68Feb 10, 2026

20254×

1.68Nov 10, 20251.68Aug 8, 20251.68May 9, 20251.67Feb 10, 2025

20244×

1.67Nov 12, 20241.67Aug 9, 20241.67May 9, 20241.66Feb 8, 2024

20234×

1.66Nov 9, 20231.66Aug 9, 20231.66May 9, 20231.65Feb 9, 2023

20224×

1.65Nov 9, 20221.65Aug 9, 20221.65May 9, 20221.64Feb 10, 2022

20214×

1.64Nov 9, 20211.57Aug 9, 20211.57May 7, 20211.56Feb 9, 2021

Stock Splits

Nov 4, 20211046:1000
May 27, 19992:1
May 28, 19972:1
Jun 1, 19794:1
May 29, 19735:4