EBITDA for IBM (IBM)
According to IBM's latest reported financial statements, the company's current EBITDA (TTM) is $16.32B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
IBM
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$16.32B
YoY change
+42.0%
5Y CAGR
+10.4%
Peak year (2012)
$27.68B
Cumulative EBITDA
$634.67B
EBITDA history chart for IBM (IBM) from 1985 to 2025
EBITDA history table for IBM (IBM) from 1985 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $17.28B | +42.0% | ||
| 2024 | $12.18B | -17.1% | ||
| 2023 | $14.69B | +104.8% | ||
| 2022 | $7.17B | -42.2% | ||
| 2021 | $12.41B | +17.6% | ||
| 2020 | $10.55B | -27.8% | ||
| 2019 | $14.61B | -11.7% | ||
| 2018 | $16.55B | -0.1% | ||
| 2017 | $16.56B | -4.5% | ||
| 2016 | $17.34B | -14.4% | ||
| 2015 | $20.27B | -18.8% | ||
| 2014 | $24.96B | -1.4% | ||
| 2013 | $25.32B | -8.5% | ||
| 2012 | $27.68B | +5.5% | ||
| 2011 | $26.23B | +5.2% | ||
| 2010 | $24.92B | +5.9% | ||
| 2009 | $23.53B | +3.0% | ||
| 2008 | $22.84B | +12.5% | ||
| 2007 | $20.30B | +9.3% | ||
| 2006 | $18.58B | +5.4% | ||
| 2005 | $17.63B | +12.2% | ||
| 2004 | $15.72B | +8.6% | ||
| 2003 | $14.48B | +19.0% | ||
| 2002 | $12.16B | -15.3% | ||
| 2001 | $14.36B | -16.7% | ||
| 2000 | $17.25B | -9.6% | ||
| 1999 | $19.07B | +29.3% | ||
| 1998 | $14.74B | -0.1% | ||
| 1997 | $14.76B | +3.1% | ||
| 1996 | $14.31B | +1.2% | ||
| 1995 | $14.14B | +11.5% | ||
| 1994 | $12.68B | -1568.9% | ||
| 1993 | -$863.00M | -38.7% | ||
| 1992 | -$1.41B | -123.1% | ||
| 1991 | $6.09B | -60.0% | ||
| 1990 | $15.25B | +37.0% | ||
| 1989 | $11.13B | -11.8% | ||
| 1988 | $12.62B | +12.0% | ||
| 1987 | $11.27B | +0.8% | ||
| 1986 | $11.18B | -20.9% | ||
| 1985 | $14.12B | — |
EBITDA values are taken from IBM's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of IBM (IBM) EBITDA is $17.28B – surged 42.0% year-over-year.
Across 2020–2025 (5 years), IBM EBITDA produced a CAGR of +10.4% – with the latest reading among the more recent periods of the dataset.
Between 2012 and 2025, IBM EBITDA plunged 37.5%, falling from $27.68B to $17.28B.
The highest annual EBITDA of $27.68B was reported in 2012. The lowest in the available history was -$1.41B in 1992.
Among 8 Technology peers, IBM (IBM) ranks 7th; the peer median for EBITDA is $89.57B.
IBM EBITDA by Year
IBM EBITDA 2025: $17.28B
IBM EBITDA in 2025 was $17.28B, surged 42.0% from 2024.
IBM EBITDA 2024: $12.18B
IBM EBITDA in 2024 was $12.18B, declined 17.1% below 2023.
IBM EBITDA 2023: $14.69B
IBM EBITDA in 2023 was $14.69B, surged 104.8% from 2022.
IBM EBITDA 2022: $7.17B
IBM EBITDA in 2022 was $7.17B, plunged 42.2% below 2021.
IBM EBITDA 2021: $12.41B
IBM EBITDA in 2021 was $12.41B.
See more financial history for IBM (IBM).
Sector peers — EBITDA
Companies in the same sector as IBM, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.75T | Technology |
| Microsoft Corporation (MSFT) | $160.16B | Technology |
| NVIDIA Corporation (NVDA) | $144.55B | Technology |
| Apple Inc. (AAPL) | $144.43B | Technology |
| Broadcom Inc. (AVGO) | $34.71B | Technology |
| Micron Technology, Inc. (MU) | $18.49B | Technology |
| ASML Holding N.V. (ASML) | $12.55B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $7.28B | Technology |
Frequently asked questions
What is IBM's EBITDA?
- Latest reported EBITDA for IBM (IBM) is $16.32B (period ending March 31, 2026).
How has IBM EBITDA changed year-over-year?
- IBM (IBM) EBITDA changed +42.0% year-over-year on the latest annual filing.
What is the long-term growth rate of IBM EBITDA?
- IBM (IBM) EBITDA compound annual growth rate is +10.4% over the most recent 5 years available.
When did IBM EBITDA hit its highest annual value?
- IBM EBITDA reached its highest annual value of $27.68B in 2012.
What was IBM EBITDA in 2024?
- IBM (IBM) EBITDA in 2024 was $12.18B.
What was IBM EBITDA in 2025?
- IBM (IBM) EBITDA in 2025 was $17.28B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
IBM Overview
Company profile, financial tools, and key metrics
IBM Revenue Counter
Earns $2,185 every second. See per minute, hour, and day.
IBM Earnings Counter
Earns $341.01 per second net profit. See per minute, hour, and day.
IBM Economic Scale
Exceeds Bolivia's GDP. Compare with world economies.
IBM What If Invested
What if you had invested $1,000? See historical returns from any date.
IBM How It Makes Money
Discover visual breakdown of $68.91B in revenue — where it comes from and where it goes.
IBM Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
IBM Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
IBM Daily Price Character
Steady · 48.0% historical win rate (green days). Streaks & record days.
IBM Buybacks
0.15% TTM buyback yield. Shareholder yield & SBC comparison.
IBM Stock Split History
8 splits on record. Dates, ratios, and cumulative multiple.
IBM Dividend Profile
Yield: 2.96%. Safety: 5/8. See full history.
IBM Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
IBM Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.