Courtesy of IBM

IBM

Revenues ($M)$79,919

Revenue Change-3.1%

Profits ($M)$11,872.0

Profit Change-10.0%

Assets ($M)$117,470

Mkt Value as of 3/31/17 ($M)$164,251

Employees414,400

Previous Rank31

Another quarter, another revenue slide for the tech behemoth. Indeed, IBM reported its twentieth straight quarter of declining sales, which puts CEO Ginni Rometty squarely in the hot seat. A longtime employee of the company, Rometty is working to shift attention away from IBM’s declining businesses and toward its “higher value” opportunities, including cloud computing, artificial intelligence, mobility, analytics, and security. (The company has made several acquisitions to that end.) But 104-year-old IBM is a big ship to turn, and it’s going to take more than green shoots in its cognitive computing division to change course.

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CEO

Virginia M. Rometty

CEO Title

Chairman, President & Chief Executive Officer

Sector

Technology

Industry

Information Technology Services

HQ Location

Armonk, NY

Website

www.ibm.com

Years on Fortune 500 List

Employees

414,400

Profile provided by S&P Global.

IBM is also featured in these fortune lists

#24

World’s Most Admired Companies

#82

Global 500

#47

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IBM: Fortune 500 RANK HISTORY

Key Financials (Last Fiscal Year)

	$ millions	% change
Revenues ($M)	$79,919	-3.1%
Profits ($M)	$11,872.0	-10.0%
Assets ($M)	$117,470
Total Stockholder Equity ($M)	$18,246
Market Value — as of March 31, 2017 ($M)	$164,251