International Business Machines (IBM)
Interest coverage
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 12,263,000 | 7,509,000 | 7,514,000 | 2,372,000 | 7,021,000 |
| Interest expense | US$ in thousands | 1,935,000 | 1,712,000 | 1,607,000 | 1,216,000 | 1,155,000 |
| Interest coverage | 6.34 | 4.39 | 4.68 | 1.95 | 6.08 |
December 31, 2025 calculation
Interest coverage = EBIT ÷ Interest expense
= $12,263,000K ÷ $1,935,000K
= 6.34
Peer comparison
Dec 31, 2025
Company name
Symbol
Interest coverage
International Business Machines
IBM
6.34
Accenture plc
ACN
45.94
Concentrix Corporation
CNXC
-3.07
Penguin Solutions, Inc.
PENG
7.96