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  • Previous Rank82
  • Revenues ($M)$79,919
  • Revenue Percent Change-3.1%
  • Profits ($M)$11,872
  • Profits Percent Change-10%
  • Assets ($M)$117,470
  • Employees414,400

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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Company Information

CEO
Virginia M. Rometty
Sector
Technology
Industry
Information Technology Services
HQ Location
Armonk, NY
Websitehttp://www.ibm.com
Years on Global 500 List23
Employees414,400

IBM Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$79,919-3.1%
Profits ($M)$11,872-10%
Assets ($M)$117,470-
Total Stockholder Equity ($M)$18,246-

Profit Ratios

Profit as % of Revenues14.9%
Profits as % of Assets10.1%
Profits as % of Stockholder Equity65.1%