Stock Analysis on Net
Stock Analysis on Net

International Business Machines Corp. (NYSE:IBM)

Net Profit Margin 
since 2005

Microsoft Excel

Calculation

International Business Machines Corp., net profit margin, long-term trends, calculation

Microsoft Excel
Net profit margin = 100 × Net income attributable to IBM1 ÷ Revenue1
Dec 31, 2021 10.01% = 100 × 5,743  ÷ 57,350 
Dec 31, 2020 7.59% = 100 × 5,590  ÷ 73,620 
Dec 31, 2019 12.22% = 100 × 9,431  ÷ 77,147 
Dec 31, 2018 10.97% = 100 × 8,728  ÷ 79,591 
Dec 31, 2017 7.27% = 100 × 5,753  ÷ 79,139 
Dec 31, 2016 14.86% = 100 × 11,872  ÷ 79,919 
Dec 31, 2015 16.14% = 100 × 13,190  ÷ 81,741 
Dec 31, 2014 12.96% = 100 × 12,022  ÷ 92,793 
Dec 31, 2013 16.52% = 100 × 16,483  ÷ 99,751 
Dec 31, 2012 15.89% = 100 × 16,604  ÷ 104,507 
Dec 31, 2011 14.83% = 100 × 15,855  ÷ 106,916 
Dec 31, 2010 14.85% = 100 × 14,833  ÷ 99,870 
Dec 31, 2009 14.02% = 100 × 13,425  ÷ 95,758 
Dec 31, 2008 11.90% = 100 × 12,334  ÷ 103,630 
Dec 31, 2007 10.55% = 100 × 10,418  ÷ 98,786 
Dec 31, 2006 10.38% = 100 × 9,492  ÷ 91,424 
Dec 31, 2005 8.71% = 100 × 7,934  ÷ 91,134 

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions

Comparison to Competitors

International Business Machines Corp., net profit margin, long-term trends, comparison to competitors

Microsoft Excel
International Business Machines Corp. Accenture PLC Adobe Inc. Intuit Inc. Mastercard Inc. Microsoft Corp. Oracle Corp. PayPal Holdings Inc. Salesforce Inc. ServiceNow Inc. Visa Inc.
Dec 31, 2021 10.01% 11.69% 30.55% 21.41% 46.00% 36.45% 33.96% 16.43% 19.16% 3.90% 51.07%
Dec 31, 2020 7.59% 11.52% 40.88% 23.78% 41.90% 30.96% 25.94% 19.59% 0.74% 2.62% 49.74%
Dec 31, 2019 12.22% 11.06% 26.42% 22.95% 48.08% 31.18% 28.05% 13.84% 8.36% 18.11% 52.57%
Dec 31, 2018 10.97% 9.76% 28.69% 20.31% 39.19% 15.02% 9.60% 13.31% 1.22% -1.02% 49.98%
Dec 31, 2017 7.27% 9.37% 23.20% 18.76% 31.33% 23.57% 24.74% 13.71% 2.14% -7.71% 36.49%
Dec 31, 2016 14.86% 11.82% 19.96% 20.86% 37.67% 19.69% 24.03% 12.92% -0.71% -32.49% 39.72%
Dec 31, 2015 16.14% 9.28% 13.13% 8.71% 39.39% 13.03% 26.00% 13.28% -4.89% -19.73% 45.59%
Dec 31, 2014 12.96% 9.23% 6.47% 20.13% 38.18% 25.42% 28.62% — -5.70% -26.28% 42.81%
Dec 31, 2013 16.52% 10.80% 7.15% 20.57% 37.34% 28.08% 29.38% — -8.87% -17.36% 42.28%
Dec 31, 2012 15.89% 8.58% 18.91% 19.08% 37.33% 23.03% 26.89% — -0.51% -15.32% 20.57%
Dec 31, 2011 14.83% 8.33% 19.75% 16.46% 28.39% 33.10% 23.99% — 3.89% — 39.73%
Dec 31, 2010 14.85% 7.71% 20.39% 16.61% 33.33% 30.02% 22.87% — 6.18% — 36.78%
Dec 31, 2009 14.02% 6.86% 13.12% 14.05% 28.68% 24.93% 24.05% — 4.03% — 34.05%
Dec 31, 2008 11.90% 6.68% 24.35% 15.52% -5.09% 29.26% 24.61% — 2.45% — 12.84%
Dec 31, 2007 10.55% 5.79% 22.92% 16.46% 26.70% 27.51% 23.75% — 0.10% — —
Dec 31, 2006 10.38% 5.34% 19.64% 17.80% 1.51% 28.45% 23.51% — 9.19% — —
Dec 31, 2005 8.71% 5.50% 30.66% 18.73% — 30.80% 24.46% — 4.16% — —

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Software & Services)

International Business Machines Corp., net profit margin, long-term trends, comparison to sector (software & services)

Microsoft Excel
International Business Machines Corp. Software & Services
Dec 31, 2021 10.01% 28.13%
Dec 31, 2020 7.59% 23.43%
Dec 31, 2019 12.22% 24.72%
Dec 31, 2018 10.97% 15.78%
Dec 31, 2017 7.27% 17.67%
Dec 31, 2016 14.86% 18.74%
Dec 31, 2015 16.14% 17.06%
Dec 31, 2014 12.96% 20.26%
Dec 31, 2013 16.52% 22.19%
Dec 31, 2012 15.89% 19.19%
Dec 31, 2011 14.83% 21.44%
Dec 31, 2010 14.85% 20.37%
Dec 31, 2009 14.02% 18.14%
Dec 31, 2008 11.90% 16.99%
Dec 31, 2007 10.55% 16.15%
Dec 31, 2006 10.38% 15.52%
Dec 31, 2005 8.71% 15.25%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Information Technology)

International Business Machines Corp., net profit margin, long-term trends, comparison to industry (information technology)

Microsoft Excel
International Business Machines Corp. Information Technology
Dec 31, 2021 10.01% 26.33%
Dec 31, 2020 7.59% 22.27%
Dec 31, 2019 12.22% 23.12%
Dec 31, 2018 10.97% 19.75%
Dec 31, 2017 7.27% 18.63%
Dec 31, 2016 14.86% 18.27%
Dec 31, 2015 16.14% 19.24%
Dec 31, 2014 12.96% 20.07%
Dec 31, 2013 16.52% 20.74%
Dec 31, 2012 15.89% 19.92%
Dec 31, 2011 14.83% 20.85%
Dec 31, 2010 14.85% 20.44%
Dec 31, 2009 14.02% 15.21%
Dec 31, 2008 11.90% 15.31%
Dec 31, 2007 10.55% 15.98%
Dec 31, 2006 10.38% 16.16%
Dec 31, 2005 8.71% 16.75%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).