International Business Machines Future Growth

Future criteria checks 2/6

International Business Machines is forecast to grow earnings and revenue by 10.5% and 4.3% per annum respectively. EPS is expected to grow by 10.1% per annum. Return on equity is forecast to be 32.4% in 3 years.

Key information

10.5%

Earnings growth rate

10.1%

EPS growth rate

IT earnings growth	14.2%
Revenue growth rate	4.3%
Future return on equity	32.4%
Analyst coverage	Good
Last updated	05 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

BUL:IBM - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	68,612	8,935	14,101	15,669	12
12/31/2025	65,877	8,368	12,900	14,932	19
12/31/2024	62,828	6,994	11,745	13,823	17
9/30/2024	62,580	6,373	11,889	13,578	N/A
6/30/2024	62,365	8,404	12,095	13,753	N/A
3/31/2024	62,069	8,155	12,610	14,325	N/A
12/31/2023	61,860	7,514	12,121	13,931	N/A
9/30/2023	61,171	7,098	11,515	13,433	N/A
6/30/2023	60,526	2,170	10,298	12,278	N/A
3/31/2023	60,585	2,054	8,971	10,961	N/A
12/31/2022	60,530	1,782	8,463	10,435	N/A
9/30/2022	60,534	1,376	6,997	9,014	N/A
6/30/2022	59,678	5,627	7,530	9,826	N/A
3/31/2022	58,363	4,972	8,581	11,130	N/A
12/31/2021	57,351	4,713	10,028	12,796	N/A
9/30/2021	42,582	1,946	13,124	16,112	N/A
6/30/2021	46,892	2,608	14,537	17,684	N/A
3/31/2021	50,793	3,159	15,519	18,635	N/A
12/31/2020	55,179	3,932	14,967	18,197	N/A
9/30/2020	75,030	7,905	12,650	15,788	N/A
6/30/2020	75,497	7,879	12,126	15,122	N/A
3/31/2020	76,536	9,018	11,492	14,487	N/A
12/31/2019	57,714	7,146	11,863	14,770	N/A
9/30/2019	77,131	7,719	12,327	15,438	N/A
6/30/2019	77,858	8,738	12,736	16,051	N/A
3/31/2019	78,701	8,641	11,741	15,404	N/A
12/31/2018	79,591	8,723	11,283	15,247	N/A
9/30/2018	80,373	5,718	12,741	16,861	N/A
6/30/2018	80,771	5,751	N/A	16,199	N/A
3/31/2018	80,056	5,680	N/A	17,371	N/A
12/31/2017	79,139	5,758	N/A	16,724	N/A
9/30/2017	78,366	11,316	N/A	14,970	N/A
6/30/2017	78,439	11,445	N/A	15,517	N/A
3/31/2017	79,390	11,617	N/A	15,509	N/A
12/31/2016	79,919	11,881	N/A	17,084	N/A
9/30/2016	80,208	11,836	N/A	18,384	N/A
6/30/2016	80,261	11,943	N/A	18,503	N/A
3/31/2016	80,835	12,965	N/A	18,928	N/A
12/31/2015	81,741	13,364	N/A	17,255	N/A
9/30/2015	83,795	14,417	N/A	17,788	N/A
6/30/2015	86,913	14,911	N/A	17,456	N/A
3/31/2015	90,147	15,637	N/A	17,152	N/A
12/31/2014	92,793	15,751	N/A	16,868	N/A
9/30/2014	96,066	16,453	N/A	17,337	N/A
6/30/2014	97,007	17,137	N/A	17,193	N/A
3/31/2014	97,196	16,379	N/A	16,788	N/A
12/31/2013	98,368	16,881	N/A	17,485	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: IBM's forecast earnings growth (10.5% per year) is above the savings rate (3%).

Earnings vs Market: IBM's earnings (10.5% per year) are forecast to grow slower than the BG market (13.7% per year).

High Growth Earnings: IBM's earnings are forecast to grow, but not significantly.

Revenue vs Market: IBM's revenue (4.3% per year) is forecast to grow slower than the BG market (24.7% per year).

High Growth Revenue: IBM's revenue (4.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: IBM's Return on Equity is forecast to be high in 3 years time (32.4%)

International Business Machines Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

International Business Machines Corporation Provides Earnings Guidance for the Full Year 2024

Recent updates

IBM Champions Generative AI and Automation to Safeguard Security Across AWS Environments

IBM Declares Regular Quarterly Cash Dividend, Payable on December 10, 2024

International Business Machines Corporation to Report Q4, 2024 Results on Jan 29, 2025

International Business Machines Corporation (NYSE:IBM) acquired Prescinto Technologies Pvt. Ltd.

International Business Machines Corporation (NYSE:IBM) acquired Stackwatch, Inc.

Triple Digital Infrastructure Inc. agreed to acquire IBM Canada Ltd from International Business Machines Corporation (NYSE:IBM).

New IBM Processor Innovations to Accelerate AI on Next-Generation IBM Z Mainframe Systems

IBM Introduces New Generative AI-Powered Cybersecurity Assistant for Threat Detection and Response Services

IBM Declares Regular Quarterly Cash Dividend, Payable on September 10, 2024

International Business Machines Corporation Provides Earnings Guidance for the Full Year 2024

International Business Machines Corporation (NYSE:IBM) completed the acquisition of webMethods Germany GmbH / StreamSets, Inc. from Software AG USA, Inc. and Software Aktiengesellschaft (XTRA:SOW).

IBM Unveils Next Chapter of watsonx with Open Source, Product & Ecosystem Innovations to Drive Enterprise AI at Scale

IBM Declares Quarterly Cash Dividend, Payable on June 10, 2024

IBM Declares Quarterly Cash Dividend, Payable on June 10, 2024

International Business Machines Corporation (NYSE:IBM) entered into a definitive agreement to acquire HashiCorp, Inc. (NasdaqGS:HCP) for approximately $7.5 billion.

International Business Machines Corporation (NYSE:IBM) entered into a definitive agreement to acquire HashiCorp, Inc. (NasdaqGS:HCP) for $7.4 billion.

Rensselaer Polytechnic Institute and IBM Unveil the World's First IBM Quantum System One on A University Campus

International Business Machines Corporation, Annual General Meeting, Apr 30, 2024

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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