International Business Machines (IBM)
- Exchange
- NYSE
- Symbol
- IBM
- Sector
- Technology
- Industry
- Computer & Office Equipment
- Description
- International Business Machines Corporation (IBM) is an American multinational technology company headquartered in Armonk, New York, with operations in over 170 countries. The company began in 1911, founded in Endicott, New York, as the Computing-Tabulating-Recording Company (CTR) and was renamed International Business Machines in 1924. IBM is incorporated in New York. IBM produces and sells computer hardware, middleware and software, and provides hosting and consulting services in areas ranging from mainframe computers to nanotechnology. IBM is also a major research organization, holding the record for most annual U.S. patents generated by a business (as of 2020) for 28 consecutive years. Inventions by IBM include the automated teller machine (ATM), the floppy disk, the hard disk drive, the magnetic stripe card, the relational database, the SQL programming language, the UPC barcode, and dynamic random-access memory (DRAM). The IBM mainframe, exemplified by the System/360, was the dominant computing platform during the 1960s and 1970s.
- Country
- USA
Stock price
At close: November 6, 2024
-
Open213.48
-
High214.33
-
Low210.37
-
Close213.60
-
Volume3,934,390
Financial ratios
Dec 31, 2023
Activity ratios
Liquidity ratios
Solvency ratios
Profitability ratios
Inventory turnover
23.74
Receivables turnover
8.01
Payables turnover
6.67
Working capital turnover
—
Days of inventory on hand (DOH)
15.38
Days of sales outstanding (DSO)
45.58
Number of days of payables
54.72
Fixed asset turnover
—
Total asset turnover
0.46
Current ratio
0.96
Quick ratio
0.62
Cash ratio
0.39
Cash conversion cycle
6.23
Debt-to-assets ratio
0.37
Debt-to-capital ratio
0.69
Debt-to-equity ratio
2.22
Financial leverage ratio
6.00
Interest coverage
6.40
Gross profit margin
55.45%
Operating profit margin
13.11%
Pretax margin
14.03%
Net profit margin
12.13%
Operating return on assets (Operating ROA)
6.00%
Return on assets (ROA)
5.55%
Return on total capital
14.16%
Return on equity (ROE)
33.29%