International Business Machines Current Ratio Growth & History (IBM)
International Business Machines's current ratio was 0.96 for fiscal 2025.
View full International Business Machines company overviewInternational Business Machines annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.96 | −0.08 | −8.15% |
| 2024 | 2024-12-31 | 1.04 | 0.08 | +7.88% |
| 2023 | 2023-12-31 | 0.96 | 0.04 | +4.35% |
| 2022 | 2022-12-31 | 0.92 | 0.05 | +5.19% |
| 2021 | 2021-12-31 | 0.88 | −0.10 | −10.56% |
| 2020 | 2020-12-31 | 0.98 | −0.04 | −3.60% |
| 2019 | 2019-12-31 | 1.02 | −0.27 | −20.73% |
| 2018 | 2018-12-31 | 1.29 | −0.05 | −3.42% |
| 2017 | 2017-12-31 | 1.33 | 0.12 | +10.02% |
| 2016 | 2016-12-31 | 1.21 | −0.03 | −2.45% |
| 2015 | 2015-12-31 | 1.24 | 0.04 | +3.62% |
| 2014 | 2014-12-31 | 1.20 | −0.08 | −6.40% |
| 2013 | 2013-12-31 | 1.28 | 0.15 | +12.86% |
| 2012 | 2012-12-31 | 1.13 | −0.08 | −6.28% |
| 2011 | 2011-12-31 | 1.21 | 0.02 | +1.92% |
| 2010 | 2010-12-31 | 1.19 | −0.17 | −12.73% |
| 2009 | 2009-12-31 | 1.36 | 0.20 | +17.70% |
| 2008 | 2008-12-31 | 1.15 | — | — |
International Business Machines quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.79 | −0.12 | −12.91% |
| Q1 2026 | 2026-03-31 | 0.80 | −0.21 | −20.93% |
| Q4 2025 | 2025-12-31 | 0.96 | −0.08 | −8.15% |
| Q3 2025 | 2025-09-30 | 0.93 | −0.13 | −11.99% |
| Q2 2025 | 2025-06-30 | 0.91 | −0.22 | −19.16% |
| Q1 2025 | 2025-03-31 | 1.01 | −0.13 | −11.06% |
| Q4 2024 | 2024-12-31 | 1.04 | 0.08 | +7.88% |
| Q3 2024 | 2024-09-30 | 1.06 | 0.15 | +16.94% |
| Q2 2024 | 2024-06-30 | 1.12 | 0.06 | +5.97% |
| Q1 2024 | 2024-03-31 | 1.13 | −0.03 | −2.52% |
| Q4 2023 | 2023-12-31 | 0.96 | 0.04 | +4.35% |
| Q3 2023 | 2023-09-30 | 0.91 | −0.05 | −4.90% |
| Q2 2023 | 2023-06-30 | 1.06 | 0.18 | +20.98% |
| Q1 2023 | 2023-03-31 | 1.16 | 0.24 | +26.20% |
| Q4 2022 | 2022-12-31 | 0.92 | 0.05 | +5.19% |
| Q3 2022 | 2022-09-30 | 0.95 | 0.12 | +13.81% |
| Q2 2022 | 2022-06-30 | 0.88 | 0.04 | +4.23% |
| Q1 2022 | 2022-03-31 | 0.92 | −0.01 | −1.24% |
| Q4 2021 | 2021-12-31 | 0.88 | −0.10 | −10.56% |
| Q3 2021 | 2021-09-30 | 0.84 | −0.21 | −20.26% |
| Q2 2021 | 2021-06-30 | 0.84 | −0.20 | −19.13% |
| Q1 2021 | 2021-03-31 | 0.93 | −0.03 | −2.68% |
| Q4 2020 | 2020-12-31 | 0.98 | −0.04 | −3.60% |
| Q3 2020 | 2020-09-30 | 1.05 | −0.04 | −3.53% |
| Q2 2020 | 2020-06-30 | 1.04 | −0.79 | −43.22% |
| Q1 2020 | 2020-03-31 | 0.96 | −0.40 | −29.41% |
| Q4 2019 | 2019-12-31 | 1.02 | −0.27 | −20.73% |
| Q3 2019 | 2019-09-30 | 1.09 | −0.22 | −17.05% |
| Q2 2019 | 2019-06-30 | 1.83 | 0.51 | +38.63% |
| Q1 2019 | 2019-03-31 | 1.36 | −0.02 | −1.37% |
| Q4 2018 | 2018-12-31 | 1.29 | −0.05 | −3.42% |
| Q3 2018 | 2018-09-30 | 1.31 | −0.10 | −7.16% |
| Q2 2018 | 2018-06-30 | 1.32 | 0.07 | +5.50% |
| Q1 2018 | 2018-03-31 | 1.37 | 0.20 | +16.93% |
| Q4 2017 | 2017-12-31 | 1.33 | 0.12 | +10.02% |
| Q3 2017 | 2017-09-30 | 1.41 | 0.21 | +17.36% |
| Q2 2017 | 2017-06-30 | 1.25 | −0.04 | −3.43% |
| Q1 2017 | 2017-03-31 | 1.18 | −0.20 | −14.43% |
| Q4 2016 | 2016-12-31 | 1.21 | −0.03 | −2.45% |
| Q3 2016 | 2016-09-30 | 1.20 | −0.05 | −3.65% |
| Q2 2016 | 2016-06-30 | 1.30 | 0.02 | +1.91% |
| Q1 2016 | 2016-03-31 | 1.37 | 0.07 | +5.72% |
| Q4 2015 | 2015-12-31 | 1.24 | 0.04 | +3.62% |
| Q3 2015 | 2015-09-30 | 1.25 | 0.13 | +11.99% |
| Q2 2015 | 2015-06-30 | 1.27 | 0.14 | +11.99% |
| Q1 2015 | 2015-03-31 | 1.30 | 0.13 | +11.26% |
| Q4 2014 | 2014-12-31 | 1.20 | −0.08 | −6.40% |
| Q3 2014 | 2014-09-30 | 1.11 | −0.10 | −8.01% |
| Q2 2014 | 2014-06-30 | 1.14 | −0.03 | −2.74% |
| Q1 2014 | 2014-03-31 | 1.17 | 0.01 | +0.52% |
| Q4 2013 | 2013-12-31 | 1.28 | 0.15 | +12.86% |
| Q3 2013 | 2013-09-30 | 1.21 | −0.01 | −0.57% |
| Q2 2013 | 2013-06-30 | 1.17 | −0.05 | −4.16% |
| Q1 2013 | 2013-03-31 | 1.16 | −0.12 | −9.10% |
| Q4 2012 | 2012-12-31 | 1.13 | −0.08 | −6.28% |
| Q3 2012 | 2012-09-30 | 1.22 | −0.04 | −3.22% |
| Q2 2012 | 2012-06-30 | 1.22 | 0.04 | +3.41% |
| Q1 2012 | 2012-03-31 | 1.28 | 0.10 | +8.64% |
| Q4 2011 | 2011-12-31 | 1.21 | 0.02 | +1.92% |
| Q3 2011 | 2011-09-30 | 1.26 | 0.00 | +0.38% |
| Q2 2011 | 2011-06-30 | 1.18 | −0.10 | −8.18% |
| Q1 2011 | 2011-03-31 | 1.18 | −0.14 | −10.97% |
| Q4 2010 | 2010-12-31 | 1.19 | −0.17 | −12.73% |
| Q3 2010 | 2010-09-30 | 1.25 | −0.06 | −4.82% |
| Q2 2010 | 2010-06-30 | 1.28 | 0.06 | +5.18% |
| Q1 2010 | 2010-03-31 | 1.32 | — | — |
| Q4 2009 | 2009-12-31 | 1.36 | 0.20 | +17.70% |
| Q3 2009 | 2009-09-30 | 1.32 | — | — |
| Q2 2009 | 2009-06-30 | 1.22 | — | — |
| Q4 2008 | 2008-12-31 | 1.15 | — | — |
International Business Machines current ratio trends
Over the last five fiscal years, International Business Machines's current ratio decreased from 0.98 to 0.96, a change of −0.03. The latest reported quarter, Q2 2026, shows 0.79.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review International Business Machines source filings ↗Community posts
IBM and Lockheed Martin establish a Swiss quantum-computing hub
IBM ($IBM) and Lockheed Martin ($LMT) established a quantum-innovation hub at ETH Zurich through an offset agreement with Switzerland’s defense-procurement agency, armasuisse. The hub plans to host Switzerland’s first IBM Quantum System Two ...