CSIMarket
 


International Business Machines Corporation  (IBM)
Other Ticker:  
 
    Sector  Technology    Industry Computer Hardware
   Industry Computer Hardware
   Sector  Technology


International Business Machines's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is International Business Machines's ROA in the fourth quarter of 2023?
International Business Machines Corporation achieved a return on average assets (ROA) of 6.24 % in its fourth quarter of 2023, which is below International Business Machines's average return on assets, which stands at 8.91%.

ROA has improved compared to 5.87% in the third quarter of 2023, due to net income growth.

However, within the Technology sector 107 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to 775, from total ROA ranking in the third quarter of 2023 at 1121.

What is ROA?


Return On Assets (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Assets Change 7.55 % 4.81 % 0.87 % -3.38 % -12.29 %
Y / Y Net Income Change 21.33 % - 13.72 % 26.47 % 16.16 %
Net Income (TTM) in million 7,502 6,924 2,024 1,833 1,639
Return On Assets (TTM) 6.24 % 5.87 % 1.73 % 1.57 % 1.4 %
IBM's Total Ranking # 775 # 1121 # 2062 # 2157 # 2541
Total Assets (TTM) in million 122,819 120,652 122,153 115,181 114,201
Seq. Total Assets Change 1.8 % -1.23 % 6.05 % 0.86 % -0.79 %
Seq. Net Income Change 92.96 % 7.64 % 70.77 % -65.79 % -



Return On Assets Company Ranking
Within: No.
Industry # 3
Sector # 108
Overall # 773

Return On Assets Statistics
High Average Low
14.31 %
8.91 %
0.97 %
(Dec. 30, 2012)   (Sep 30 2022)





Financial Statements
International Business Machines's Assets $ 122,819 million IBM's Balance sheet
International Business Machines's Income $ 3,288 million Quarterly IBM's Income Statement
IBM's Income by Division See IBM's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change 6.63 % -3.38 % -14.64 % -2.67 % 25.6 %
Total Assets in million 122,819 115,181 119,206 139,644 143,474
Y / Y Net Income Change 357.72 % -71.46 % 2.74 % -40.73 % 8.05 %
Net Income in million 7,502 1,639 5,743 5,590 9,431
Return On Assets 6.11 % 1.42 % 4.82 % 4 % 6.57 %




Comment on IBM's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA improved to 6.11 % compared to prior year, due to annual net income growth of 357.72 % to $7,502.00 million, while value of International Business Machines's overall assets grew just by 6.63 % to $122,819.00 million, compared to $122,819.00 a year before.


More Return On Assets Ratios
IBM's' Return on Assets at Yahoo Finance
Computer Hardware Industry Return On Assets Trends and Statistics
Technology Sector Roa Statistics
Roa Trends for overall market
IBM's Roa Ratio versus Computer Hardware Industry, Technology Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for IBM's Competitors
Roa for International Business Machines's Suppliers
Return On Assets for IBM's Customers

You may also want to know
IBM's Roi IBM's Inventory Turnover Ratio IBM's Growth Rates IBM's Dividend Comparisons
IBM's Profitability Ratios IBM's Asset Turnover Ratio IBM's Dividend Growth
IBM's Roe IBM's Valuation Ratios IBM's Financial Strength Ratios IBM's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Technology Sector ROA
On Semiconductor Corporation  16.96 %
Logitech International S a   16.67 %
Immersion Corporation  16.57 %
Geospace Technologies Corp  16.53 %
Transact Technologies Inc  15.95 %
Fortinet Inc   15.80 %
Qualcomm Inc  15.49 %
Dropbox Inc   15.21 %
Match Group Inc   15.06 %
Palo Alto Networks Inc  14.74 %
Thomson Reuters Corporation  14.42 %
Microchip Technology Incorporated  14.37 %
Verisk Analytics Inc   14.26 %
Photronics Inc   13.84 %
Synopsys Inc   13.75 %
Jack Henry and Associates Inc   13.73 %
Optex Systems Holdings Inc   13.66 %
Motorola Solutions inc   13.61 %
Cisco Systems Inc   13.46 %
Where Food Comes From Inc   13.22 %
Hubbell Inc  12.87 %
Doximity Inc   12.75 %
Enphase Energy Inc   12.74 %
Marketwise Inc   12.58 %
Fabrinet  12.47 %
Amphenol Corporation  12.37 %
Gen Digital Inc   12.08 %
Factset Research Systems Inc   12.06 %
Nova Ltd   12.02 %
Harmonic Inc   11.85 %


Date modified: 2024-02-27T10:36:14+00:00


Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com