International Business Machines (IBM)
Financial leverage ratio
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 151,880,000 | 137,175,000 | 135,241,000 | 127,243,000 | 132,001,000 |
| Total stockholders’ equity | US$ in thousands | 32,647,000 | 27,307,000 | 22,533,000 | 21,944,000 | 18,901,000 |
| Financial leverage ratio | 4.65 | 5.02 | 6.00 | 5.80 | 6.98 |
December 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $151,880,000K ÷ $32,647,000K
= 4.65
Peer comparison
Dec 31, 2025
Company name
Symbol
Financial leverage ratio
International Business Machines
IBM
4.65
Accenture plc
ACN
2.10
Concentrix Corporation
CNXC
3.92
Penguin Solutions, Inc.
PENG
2.71