IBM
International Business Machines Corporation, better known as IBM, is one of the biggest technology companies in the world, with operations in more than 170 countries and over 345,000 employees worldwide. IBM is best known for producing and selling computer hardware and software, as well as cloud computing and data analytics. The company has also served as a major research and development corporation over the years, with significant inventions like the floppy disk, the hard disk drive, and the UPC barcode. IBM researchers have been awarded Nobel Prizes, Turing Awards, and other top honors for their work throughout its history. In May 2021, IBM teamed up with rivals Microsoft and Google on a project designed to help companies better defend against hackers and other cybersecurity problems. That same month, the company unveiled “the world’s smallest and most powerful microchip,” which IBM says could quadruple the battery life of cell phones one day.
Courtesy of IBM
Company Information
As of 6/5/23
Country/Territory
U.S.
Headquarters
Armonk, N.Y.
Industry
Information Technology Services
CEO
Arvind Krishna
Website
Company Type
Public
Ticker
IBM
Revenues ($M)
$60,530
Profits ($M)
$1,639
Market Value ($M)
$118,913
Employees
303,100
Spun off Kyndryl Holdings (2022 rank: 225), Nov. 3, 2021. Market value as of March 31, 2023.
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
1.80
EPS % Change (from 2021)
-71.7%
EPS % Change (5 year annual rate)
-21.8%
EPS % Change (10 year annual rate)
-18.8%
Total Return
Total Return to Investors (2022)
10.7%
Total Return to Investors (5 year, annualized)
4.1%
Total Return to Investors (10 year, annualized)
1.3%
America's Most Innovative Companies
Sector
Technology
Culture rank
49
Process rank
55
Product rank
4
World's Most Admired Companies
Sector
Computers and Communication
Industry
Information Technology Services
Current All-Star Rank
39
Previous All-Star Rank
46
Industry Rank
4
Previous Industry Rank
4
Overall Score
6.69
Innovation
4
People Management
5
Use of Corporate Assets
5
Social Responsibility
1
Quality of Management
5
Financial Soundness
5
Long-Term Investment Value
9
Quality of Products/Services
4
Global Competitiveness
2
Change the World
Impact Segment
Environmental Impact
Sector
Technology
Prior Year Rank
-
Key Financials (Last Fiscal Year)
($ Millions)
% change
Revenues ($M)
$72,344
-1.7%
Profits ($M)
$5,743
2.7%
Assets ($M)
$132,001
-
Total Stockholder Equity ($M)
$18,901
-
Profit Ratios
Profit as % of Revenues
7.9%
Profits as % of Assets
4.4%
Profits as % of Stockholder Equity
30.4%
Best Companies
Rank last year
-
Years on list
3
Employees (as of March 2021)
-
Job openings (as of March 2021)
3,566
Year founded
1911
Perks
100% health coverage
No
Unlimited sick days
No
Telecommuting
Yes
Job sharing
Yes
Subsidized childcare
Yes
Compressed work weeks
Yes
Fully-paid sabbaticals
No
On-site fitness/subsidized gym
No
On-site medical care facility
No
Non-discrimination policy includes sexual orientation
Yes
Sick days for part-timers
Yes
College tuition reimbursement
Yes
Student loan debt repayment
No
Medical facility at all locations
-
Diversity
% Women
-
% Minorities
-
% African-American/Black
-
% Asian
-
% Caucasian/White
-
% Hispanic/Latino
-
% Native American/Alaska Native
-
% Native Hawaiian/Pacific Islander
-
% Two or more races
-
% Unknown ethnicity
-
Paid Time Off: Full-Time Employees
PTO limit (days)
27
# Sick days
14
Hiring/Staffing (Past 12 Months)
# of job applicants
747,000
Avg. # of applicants per opening
108
# New graduates hired
-
Lists ranking IBM
RANK39
World's Most Admired Companies - 2023The 25th Fortune World’s Most Admired Companies li...view in list
