IBM generated $57.4 billion in revenue from continuing operations in 2021, up from $55.17 billion in 2020. That’s not enormous growth, but it’s a step in the right direction for a company that has been coping for a decade with declining revenue from the IT-management and hardware businesses that used to be at its core. CEO Arvind Krishna has been working to bolster IBM’s presence in cloud software, business automation, and artificial intelligence. The company has recently won plaudits for its Environmental Intelligence Suite, an A.I.-powered system designed to help other companies manage their CO2 emissions and predict and prepare for climate-related threats.
Joan Cros—NurPhoto via Getty Images
Company Information
As of 3/29/23
Country
U.S.
Headquarters
Armonk, N.Y.
Industry
Information Technology Services
CEO
Arvind Krishna
Website
Company Type
Public
Ticker
IBM
Revenues ($M)
$60,530
Profits ($M)
$1,639
Market Value ($M)
$116,155
Employees
303,100
Figures are for fiscal year ended Dec. 31, 2022. Market value as of March 8, 2023. Sources: S&P Global; Bloomberg.
Key Financials (Last Fiscal Year)
$ millions
% change
Revenues ($M)
$72,344
-1.7%
Profits ($M)
$5,743
2.7%
Assets ($M)
$132,001
-
Total Stockholder Equity ($M)
$18,901
-
Profit Ratios
Profit as % of Revenues
7.9%
Profits as % of Assets
4.4%
Profits as % of Stockholder Equity
30.4%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
635
EPS % Change (from 2020)
1.9%
EPS % Change (5 year annual rate)
-12.5%
EPS % Change (10 year annual rate)
-7%
Total Return
Total Return to Investors (2021)
16.7%
Total Return to Investors (5 year, annualized)
1.2%
Total Return to Investors (10 year, annualized)
0.8%
IBM Rank History
Historical Data
| Year | Revenues ($M) | Profits ($M) | Assets ($M) | Total Stockholder Equity ($M) |
|---|---|---|---|---|
| 2021 | $73,620-4.6% | $5,590-40.7% | $155,971 | $20,597 |
| 2020 | $77,147-3.1% | $9,4318.1% | $152,186 | $20,841 |
| 2019 | $79,5910.6% | $8,72851.7% | $123,382 | $16,796 |
| 2018 | $79,139-1% | $5,753-51.5% | $125,356 | $17,594 |
| 2017 | $79,919-3.1% | $11,872-10% | $117,470 | $18,246 |
SHOW MORE
