IBM Net Worth, History, Assets, Income, Liabilities, Net Income, Total Employees, and many more details can be checked from this page. The net worth of IBM is approximately $135 billion. You would know that this company started in 1911 but you might not know that IBM has remained one of the 5 largest technology companies in the world for the last 110 years. You may also be surprised to know that there was a time in the middle of 40 years when IBM was the largest technology company in the world. The headquarters of IBM is in New York State. The number of employees of IBM is about four hundred thousand.
As you already know that the age of IBM is more than the age of many countries, but do you know that IBM works in about 175 countries of the world? Last year, IBM’s revenue was about $75 billion. Now you must be thinking that almost the entire part of this revenue will come from IBM’s technology, but it is not so, about a third of it i.e. $25 billion comes only from IBM cloud service. That is why it is believed that IBM’s cloud is going to be a new company in itself. Also check Facebook Net Worth, Apple Net Worth, Amazon Net Worth and Google Net Worth.
How IBM touches your life can be gauged from the fact that there will hardly be any such bank in your country which has not used IBM’s service at some point or the other. Whenever it comes to this smartphone, companies like Motorola, Nokia or Apple would come to your mind, but did you know that the world’s first smartphone was made by IBM. Similarly, today when you go to buy laptops, you do not see IBM laptops, but do you know that IBM has the record of selling the most computers and it has sold its laptop division to Lenovo 5 years ago.
IBM Net Worth
As we have already mentioned, the net worth of IBM is around $135 billion. 60% of its earnings comes from IT Services and 30% comes from IBM Cloud Services and the rest a very small part from hardware sales. Earnings come from. There was a time when 90% of its earnings came from hardware only. Along with the praise of IBM, many controversies are also associated with this company.
The company is accused of not closing its operations in Germany despite being told several times during World War II, and the then government of Germany used IBM-made devices, especially punch cards, in the Holocaust.
| Name | International Business Machines Corporation (IBM) |
| Net Worth 2023 | $135 Billion |
| Net Worth in Indian Rupees | Rs. 11.50 Lakh Crore |
| Net income: | $1.640 Billion |
| Revenue | $60,525 Billion |
| Total Assets | $125.850 Billion |
| PE Ratio | 16.50 |
| Founder: | Charles Ranlett Flint |
| CEO | Arvind Krishna (6 Apr 2020–) |
| Headquarters: | Armonk, New York, United States |
| Founded: | 16 June 1911, Endicott, New York, United States |
| Number of employees | 3,45,900 |
| Subsidiaries: | Red Hat Software, Aspera, SoftLayer, Trusteer, MORE |
| Website | ibm.com |
Not only this, it is said about this company that many companies doing business with this company have overtaken it, but this company remained in one place. For example, there was a time when Microsoft used to be a small company providing software to it, whereas today Microsoft is 10 times bigger than it. In recent days, it has come to the news that IBM is going to split into two big companies. If something like this happens, then we will definitely inform you. Stay tuned with us to stay connected with the life of a celebrity.
IBM Revenue 2023
- IBM revenue for the quarter ending June 30, 2023 was $15.475 Billion.
- IBM revenue for the twelve months ending June 30, 2023 was $60.525 Billion.
- IBM annual revenue for 2022 was $60.53 Billion.
- IBM annual revenue for 2021 was $57.35 Billion.
- IBM annual revenue for 2020 was $55.179 Billion.
| Year | (Millions of US $) |
|---|---|
| 2024 | $60,525 |
| 2022 | $60,529 |
| 2021 | $74,459 |
| 2020 | $73,620 |
| 2019 | $77,147 |
| 2018 | $79,591 |
| 2017 | $79,139 |
| 2016 | $79,919 |
| 2015 | $81,741 |
| 2014 | $92,793 |
IBM Assets 2023
- IBM total assets for the quarter ending June 30, 2023 were $132.213 Billion.
- IBM total assets for 2022 were $127.243 Billion.
- IBM total assets for 2021 were $132.001 Billion.
- IBM total assets for 2020 were $155.971 Billion.
- IBM total assets for 2019 were $152.186 Billion.
| Year | (Millions of US $) |
|---|---|
| 2024 | $132,213 |
| 2022 | $127,243 |
| 2021 | $144,214 |
| 2020 | $155,971 |
| 2019 | $152,186 |
| 2018 | $123,382 |
| 2017 | $125,356 |
| 2016 | $117,470 |
| 2015 | $110,495 |
| 2014 | $117,271 |
| 2013 | $126,223 |
IBM Liabilities 2023
- IBM total liabilities for the quarter ending June 30, 2023 were $109.942 Billion.
- IBM total liabilities for 2022 were $105.222 Billion.
- IBM total liabilities for 2021 were $113.005 Billion.
- IBM total liabilities for 2020 were $135.244 Billion.
- IBM total liabilities for 2019 were $131.202 Billion.
| Year | (Millions of US $) |
|---|---|
| 2024 | $109,942 |
| 2022 | $105,222 |
| 2021 | $121,858 |
| 2020 | $135,244 |
| 2019 | $131,202 |
| 2018 | $106,452 |
| 2017 | $107,631 |
| 2016 | $99,078 |
| 2015 | $96,071 |
| 2014 | $105,257 |
Frequently Asked Questions
What is the net worth of IBM?
IBM’s total net worth is around $135 Billion
When IBM is Founded?
IBM is founded on 16 June 1911, Endicott, New York, United States.
Who are the founders of IBM?
IBM‘s founder’s name is Herman Hollerith, Thomas J. Watson, Charles Ranlett Flint.
How much is the annual income of IBM?
IBM revenue for the twelve months ending June 30, 2023 was $60,525 Billion.
What is the PE Ratio of IBM?
IBM PE ratio as of September 08, 2023, is 16.50.
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