International Business Machines (IBM)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 7,477,000 | 6,267,000 | 8,180,000 | 7,502,000 | 6,924,000 | 2,024,000 | 1,833,000 | 1,639,000 | 1,262,000 | 5,588,000 | 5,521,000 | 5,743,000 | 4,766,000 | 5,334,000 | 5,370,000 | 5,590,000 | 7,904,000 | 7,878,000 | 9,015,000 | 9,431,000 |
| Total assets | US$ in thousands | 137,175,000 | 134,339,000 | 137,169,000 | 135,241,000 | 129,321,000 | 132,213,000 | 133,637,000 | 127,243,000 | 125,850,000 | 127,503,000 | 133,275,000 | 132,001,000 | 144,214,000 | 146,814,000 | 148,629,000 | 155,971,000 | 154,128,000 | 154,200,000 | 153,403,000 | 152,186,000 |
| ROA | 5.45% | 4.67% | 5.96% | 5.55% | 5.35% | 1.53% | 1.37% | 1.29% | 1.00% | 4.38% | 4.14% | 4.35% | 3.30% | 3.63% | 3.61% | 3.58% | 5.13% | 5.11% | 5.88% | 6.20% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $7,477,000K ÷ $137,175,000K
= 5.45%
International Business Machines' return on assets (ROA) has shown fluctuations over the past few years. Starting at 6.20% on December 31, 2019, the ROA gradually declined to 3.58% by December 31, 2020. There was a slight increase by March 31, 2021, and the trend continued with some ups and downs, reaching 4.38% by June 30, 2022.
However, there was a significant dip in ROA to 1.00% on September 30, 2022, followed by a slight increase by December 31, 2022, and March 31, 2023. Subsequently, the ROA showed a notable improvement, reaching 5.55% by December 31, 2023.
The ROA continued to rise, reaching 5.96% by March 31, 2024. Despite a slight decrease to 4.67% on September 30, 2024, the ROA rebounded to 5.45% by December 31, 2024.
Overall, International Business Machines' ROA has demonstrated variability, reflecting changes in the company's profitability relative to its total assets during the period under review. The company's ability to generate earnings from its assets has shown resilience and improvement in recent quarters.
Peer comparison
Dec 31, 2024
See also:
International Business Machines Return on Assets (ROA) (Quarterly Data)