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Global 500

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82

IBM

IBM

U.S.

Another quarter, another revenue slide for the tech behemoth. Indeed, IBM recently reported its sixteenth straight quarter of declining sales, which puts CEO Ginni Rometty in a tough spot with investors. The long-time IBMer is trying to shift the attention to the 104-year-old company’s newer businesses: cloud computing, mobility, analytics, and security as well as bold partnerships and acquisitions. (Its latest splurge was on data company Truven Health Analytics, which it is buying for $2.6 billion.) But the growth hasn’t been enough to offset the massive declines in Big Blue’s traditional businesses. Last year’s revenue, which came in at $82.5 billion, represented a more than 12% drop from the year before.

CEO

Virginia M. Rometty

Sector

Technology

Industry

Information Technology Services

HQ Location

Armonk, NY

Employees

411,798

Years on Global 500 List

22

Includes revenues from discontinued operations.
Key Financials (last fiscal year)
($ Millions)% change
Revenues ($M)$82,461-12.4%
Profits ($M)$13,1909.7%
Assets ($M)$110,495
Total Stockholder Equity ($M)$14,262
Profit Ratios
Profit as % of Revenues16.0%
Profits as % of Assets11.9%
Profits as % of Stockholder Equity92.5%
STOCK QUOTE
()0.00 0.00 (0)
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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  • Dividend Yield: n/a

News about IBM

A.I. Could Help Humans Break Out of Their Echo Chambers

To teach artificial intelligence how to argue, it must understand two sides of a debate. That's helpful for humans, too, says IBM's Ranit Aharonov.

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Videos about IBM

This Is How IBM Finds the Right People to Hire

VP of Human Resources Debt Bubb explains.

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IBM Sued for Age Discrimination

A suit was filed on behalf of three former IBM employees.

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IBM’s “Call for Code” Contest Aims to Crowdsource Natural Disasters Solutions

Contestants will be given access to IBM’s technology and tools, and the company will award a total of $30 million in funding over 5 years to the winning entries.

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