IBM (IBM) EBITDA margin US GAAP (year values)
FY2021 FY2022 FY2023 FY2024 FY2025   LTM ? CAGR 5 years ?
EBITDA margin, % ? 21.6% 11.9% 23.8% 19.4% 25.6%   23.7%  
Changes by years, y/y, % +3pp -10pp +12pp -4pp +6pp     +6.0%
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IBM. EBITDA margin, %

IBM. EBITDA margin, changes, pp

IBM (IBM) EBITDA margin US GAAP (quarter values)
FY2025Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2026Q1   LTM ?
EBITDA margin, % ? 19.2% 25.8% 25.7% 30.1% 11.5%   23.7%
Changes by years, y/y, % +1pp +2pp +20pp +2pp -8pp    
Changes by quarters, q/q, % -8pp +7pp 0pp +4pp -19pp    

IBM. EBITDA margin, %

IBM. EBITDA margin, changes, pp

IBM. EBITDA margin, changes, pp


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