International Business Machines (IBM) - Cash Flow Conversion Efficiency
Based on the latest financial reports, International Business Machines (IBM) has a cash flow conversion efficiency ratio of 0.075x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($2.60 Billion) by net assets ($34.54 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see IBM market cap for the company's overall valuation and market capitalisation.
International Business Machines - Cash Flow Conversion Efficiency Trend (1989–2025)
This chart illustrates how International Business Machines's cash flow conversion efficiency has evolved over time, based on yearly financial data.
International Business Machines Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of International Business Machines ranked by their cash flow conversion efficiency. Explore International Business Machines (IBM) cash earnings ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nestlé S.A
F:NESM
|
0.137x |
|
Thermo Fisher Scientific Inc
NYSE:TMO
|
0.044x |
|
MediaTek Inc
TW:2454
|
-0.044x |
|
Toyota Motor Corporation
MX:TMN
|
0.014x |
|
BHP Group
MX:BHPN
|
0.061x |
|
Siemens Aktiengesellschaft
XETRA:SIE
|
0.058x |
|
BHP Group Ltd
AU:BHP
|
0.172x |
|
Novartis AG
SW:NOVN
|
0.092x |
Annual Cash Flow Conversion Efficiency for International Business Machines (1989–2025)
The table below shows the annual cash flow conversion efficiency of International Business Machines from 1989 to 2025. View International Business Machines stock quote for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $32.74 Billion | $13.19 Billion | 0.403x | -17.91% |
| 2024-12-31 | $27.39 Billion | $13.45 Billion | 0.491x | -17.37% |
| 2023-12-31 | $22.61 Billion | $13.43 Billion | 0.594x | +25.35% |
| 2022-12-31 | $22.02 Billion | $10.44 Billion | 0.474x | -29.65% |
| 2021-12-31 | $19.00 Billion | $12.80 Billion | 0.674x | -23.28% |
| 2020-12-31 | $20.73 Billion | $18.20 Billion | 0.878x | +24.75% |
| 2019-12-31 | $20.98 Billion | $14.77 Billion | 0.704x | -21.85% |
| 2018-12-31 | $16.93 Billion | $15.25 Billion | 0.901x | -4.56% |
| 2017-12-31 | $17.72 Billion | $16.72 Billion | 0.944x | +1.58% |
| 2016-12-31 | $18.39 Billion | $17.08 Billion | 0.929x | -22.35% |
| 2015-12-31 | $14.42 Billion | $17.25 Billion | 1.196x | -14.80% |
| 2014-12-31 | $12.01 Billion | $16.87 Billion | 1.404x | +84.12% |
| 2013-12-31 | $22.93 Billion | $17.48 Billion | 0.763x | -26.09% |
| 2012-12-31 | $18.98 Billion | $19.59 Billion | 1.032x | +5.19% |
| 2011-12-31 | $20.23 Billion | $19.85 Billion | 0.981x | +16.25% |
| 2010-12-31 | $23.17 Billion | $19.55 Billion | 0.844x | -7.59% |
| 2009-12-31 | $22.75 Billion | $20.77 Billion | 0.913x | -34.66% |
| 2008-12-31 | $13.46 Billion | $18.81 Billion | 1.397x | +147.22% |
| 2007-12-31 | $28.47 Billion | $16.09 Billion | 0.565x | +7.26% |
| 2006-12-31 | $28.51 Billion | $15.02 Billion | 0.527x | +16.93% |
| 2005-12-31 | $33.10 Billion | $14.91 Billion | 0.451x | -12.99% |
| 2004-12-31 | $29.75 Billion | $15.41 Billion | 0.518x | +0.17% |
| 2003-12-31 | $27.86 Billion | $14.41 Billion | 0.517x | -14.57% |
| 2002-12-31 | $22.78 Billion | $13.79 Billion | 0.605x | +1.93% |
| 2001-12-31 | $23.61 Billion | $14.02 Billion | 0.594x | +32.04% |
| 2000-12-31 | $20.62 Billion | $9.27 Billion | 0.450x | -8.78% |
| 1999-12-31 | $20.51 Billion | $10.11 Billion | 0.493x | +3.31% |
| 1998-12-31 | $19.43 Billion | $9.27 Billion | 0.477x | +6.66% |
| 1997-12-31 | $19.82 Billion | $8.87 Billion | 0.447x | -5.83% |
| 1996-12-31 | $21.63 Billion | $10.28 Billion | 0.475x | -0.52% |
| 1995-12-31 | $22.42 Billion | $10.71 Billion | 0.478x | -5.19% |
| 1994-12-31 | $23.41 Billion | $11.79 Billion | 0.504x | +19.39% |
| 1993-12-31 | $19.74 Billion | $8.33 Billion | 0.422x | +85.75% |
| 1992-12-31 | $27.62 Billion | $6.27 Billion | 0.227x | +24.98% |
| 1991-12-31 | $37.01 Billion | $6.72 Billion | 0.182x | +4.17% |
| 1990-12-31 | $42.83 Billion | $7.47 Billion | 0.174x | -8.87% |
| 1989-12-31 | $38.51 Billion | $7.37 Billion | 0.191x | -- |
About International Business Machines
International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers hybrid cloud and AI platforms that allow clients to realize their digital and AI transformations … Read more