International Business Machines (IBM)
Interest coverage
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 12,266,000 | 11,374,000 | 8,079,000 | 7,616,000 | 7,509,000 | 7,943,000 | 10,601,000 | 10,378,000 | 10,297,000 | 9,758,000 | 3,267,000 | 2,863,000 | 2,372,000 | 1,919,000 | 7,228,000 | 6,402,000 | 5,992,000 | 4,426,000 | 5,473,000 | 6,174,000 |
| Interest expense (ttm) | US$ in thousands | 1,935,000 | 1,881,000 | 1,818,000 | 1,735,000 | 1,712,000 | 1,693,000 | 1,676,000 | 1,672,000 | 1,607,000 | 1,515,000 | 1,398,000 | 1,272,000 | 1,216,000 | 1,207,000 | 1,202,000 | 1,186,000 | 1,155,000 | 1,168,000 | 1,201,000 | 1,243,000 |
| Interest coverage | 6.34 | 6.05 | 4.44 | 4.39 | 4.39 | 4.69 | 6.33 | 6.21 | 6.41 | 6.44 | 2.34 | 2.25 | 1.95 | 1.59 | 6.01 | 5.40 | 5.19 | 3.79 | 4.56 | 4.97 |
December 31, 2025 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $12,266,000K ÷ $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
See also:
International Business Machines Interest Coverage (Quarterly Data)