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Net debt / EBITDA at other companies

Intel logo
IntelINTC
3.1×
Unisys logo
UnisysUIS
3.9×+2.7×
Microsoft logo
MicrosoftMSFT
0.5×0.0×
Fair Isaac logo
Fair IsaacFICO
4.3×+1.3×
PTC logo
PTCPTC
0.7×-1.1×
NetApp logo
NetAppNTAP
0.4×-0.1×

Other financials

Income statement

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Revenue$15.9B+9.5%
Gross profit$9.9B-0.7%
Net income$1.2B+15.3%
EPS (diluted)$2.27-1.7%

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+7.3%

Cash flow

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Operating cash flow$2.6B+52.7%
CapEx-$975.0M-564%
Free cash flow$1.6B+8.8%

Valuation

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Market cap$210.71B-10.2%
Enterprise value$277.2B+0.3%

Profitability

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Gross margin58.4%+1.3pp
Net margin15.6%+6.9pp
FCF margin18.7%-1.3pp

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 source filing: International Business Machines’s 10-Q, filed April 23, 2026. Open the filing →

Filed
Apr 23, 2026, 6:22 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000051143-26-000038

FAQ

What is International Business Machines's net debt / EBITDA?
International Business Machines (IBM) reported net debt / EBITDA of 3.8× in Q1 2026.
How has International Business Machines's net debt / EBITDA changed year-over-year?
International Business Machines's net debt / EBITDA decreased by 25.7% year-over-year, from 5.1× to 3.8×.
What is the long-term trend for International Business Machines's net debt / EBITDA?
Over 4 years (2021 to 2025), International Business Machines's net debt / EBITDA has grown at a -3.4% compound annual growth rate (CAGR), from 3.9× to 3.4×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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