IBM Net Worth: IBM was the world leader in providing computer systems for both business and scientific applications. It has made a decline in its business in recent years. As it suffered a decline of 1.45% in its revenue and 32.29% in net income by the end of June 2021.
IBM Net Worth
IBM has the 12th largest computer company market share in the world. Today the net worth of IBM is estimated to be around 122.98 billion US Dollars in the year 2021. IBM also has some subsidiary companies functioning under its name as Aspera, IBM India, IBM Informix, and IBM Internet Security Systems. The company has a PE ratio of 15.68 as of September 2021. While it had 2.21 as its Debt/Equity ratio at the end third quarter of 2021.
IBM Monthly Turnover / Profit
The company bore a decline of 4.79% year-over-year in its assets by the end of June 2021 as the total assets amounted to 146.814 billion US dollars. While the company’s total liabilities stood at 124.747 billion US dollars. IBM Limited’s quarterly revenue for June of 2021 was 18.745 billion US Dollars with an increase of 3.43%. But received a fall of 2.65% year-over-year with the net income totaling at 1.325 billion US dollars.
IMB Yearly Turnover Profit
With over 131 offices across the world, IBM Limited has an operating income of 7.361 billion US dollars relieving a decrease of 8.46% in it. The company made an annual turnover of 74.401 billion in the year 2021. Earning a net income of around 5.334 billion US dollars by suffering a loss again with a decline of 32.29% year-over-year. However, the company’s statements recorded its total assets of 155.971 billion US dollars with an increase of 2.49%.