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Debt-to-assets at other companies

Intel logo
IntelINTC
0.2×-0.1×
Microsoft logo
MicrosoftMSFT
0.2×0.0×
Fair Isaac logo
Fair IsaacFICO
1.8×+0.4×
PTC logo
PTCPTC
0.2×0.0×
NetApp logo
NetAppNTAP
0.3×-0.1×
Amazon logo
AmazonAMZN
0.3×0.0×

Other financials

Income statement

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Revenue$15.9B+9.5%
Gross profit$8.9B+11.4%
Net income$1.2B+15.3%
EPS (diluted)$1.28+14.3%

Balance sheet

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Cash & equivalents$10.9B-2.7%
Total debt$77.4B+4.9%
Total equity$33.0B+22.7%
Total assets$156.23B+7.2%

Cash flow

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Operating cash flow$5.2B+18.3%
CapEx$232.0M-4.9%
Free cash flow$4.9B+19.7%

Valuation

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Market cap$246.58B-1.3%
Enterprise value$313.07B+0.3%
P/E22.9×-22.7×
P/S3.6×-0.4×

Profitability

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Gross margin58.4%+1.3pp
Net margin15.6%+6.9pp

Returns & leverage

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Return on equity35.9%+14.1pp
Debt / equity2.3×-0.4×
Current ratio0.8×-0.2×

Where this comes from

Calculated from International Business Machines’s reported figures.

Based on the most recent quarter.

The official record: International Business Machines’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is International Business Machines's debt-to-assets?
International Business Machines (IBM) reported debt-to-assets of 0.5× in Q1 2026.
How has International Business Machines's debt-to-assets changed year-over-year?
International Business Machines's debt-to-assets decreased by 2.2% year-over-year, from 0.5× to 0.5×.
What is the long-term trend for International Business Machines's debt-to-assets?
Over 4 years (2021 to 2025), International Business Machines's debt-to-assets has grown at a 5.0% compound annual growth rate (CAGR), from 1.7× to 2×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.