Information technology company IBM delivered $60.5 billion in total revenue in 2022, with its hybrid cloud unit accounting for $22.4 billion of that sum.
  • Still, sales growth stagnated at the end of 2022, and IBM said it would cut about 3,900 jobs.
  • In May 2023, IBM said it would give $100 million to the University of Chicago and the University of Tokyo to aid in the building of a quantum-centric supercomputer within a decade.
  • A longtime A.I. leader, IBM stepped into the current ChatGPT-inspired frenzy in May 2023 by unveiling Watsonx, a platform that offers tools for building A.I. models and access to pretrained models that can generate code and text.
Courtesy of IBM

Company Information

As of 6/5/23
Country
U.S.
Headquarters
Armonk, N.Y.
Industry
Information Technology Services
CEO
Arvind Krishna
Company Type
Public
Ticker
IBM
Revenues ($M)
$60,530
Profits ($M)
$1,639
Market Value ($M)
$118,913
Employees
303,100
Spun off Kyndryl Holdings (2022 rank: 225), Nov. 3, 2021. Market value as of March 31, 2023.

Key Financials (Last Fiscal Year)

$ millions
% change
Revenues ($M)
$60,530
-16.3%
Profits ($M)
$1,639
-71.5%
Assets ($M)
$127,243
-
Total Stockholder Equity ($M)
$21,944
-

Profit Ratios

Profit as % of Revenues
2.7%
Profits as % of Assets
1.3%
Profits as % of Stockholder Equity
7.5%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)
1.80
EPS % Change (from 2021)
-71.7%
EPS % Change (5 year annual rate)
-21.8%
EPS % Change (10 year annual rate)
-18.8%

Total Return

Total Return to Investors (2022)
10.7%
Total Return to Investors (5 year, annualized)
4.1%
Total Return to Investors (10 year, annualized)
1.3%

IBM Rank History

Historical Data

YearRevenues ($M)Profits ($M)Assets ($M)Total Stockholder Equity ($M)
2022$72,344-1.7%$5,7432.7%$132,001$18,901
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
SHOW MORE
FortuneAnalytics tout
Lists ranking IBM
RANK39
World's Most Admired Companies - 2023The 25th Fortune World’s Most Admired Companies li...READ MORE
RANK65
Fortune 500 - 2023The Fortune 500, in its 69th year in 2023, ranks t...READ MORE
RANK168
Global 500 - 2022Aggregate sales hit $37.8 trillion last year—an in...READ MORE
RANK31
Change the World - 2022...READ MORE