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


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

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


What is International Business Machines's ROA in the third quarter of 2023?
International Business Machines Corporation achieved a return on average assets (ROA) of 5.87 % in its third quarter of 2023, which is below International Business Machines's average return on assets, which stands at 8.96%.

ROA has improved compared to 1.73% in the second quarter of 2023, due to net income growth.

However, within the Technology sector 131 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Sep 30 2023 quarter, so far to 1013, from total ROA ranking in the second quarter of 2023 at 2053.

What is ROA?


Return On Assets (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Total Assets Change 4.81 % 0.87 % -3.38 % -12.29 % -12.92 %
Y / Y Net Income Change - 13.72 % 26.47 % 16.16 % -
Net Income (TTM) in million 6,924 2,024 1,833 1,639 1,262
Return On Assets (TTM) 5.87 % 1.73 % 1.57 % 1.4 % 1.04 %
IBM's Total Ranking # 1013 # 2053 # 2147 # 2532 # 2587
Total Assets (TTM) in million 120,652 122,153 115,181 114,201 115,114
Seq. Total Assets Change -1.23 % 6.05 % 0.86 % -0.79 % -4.94 %
Seq. Net Income Change 7.64 % 70.77 % -65.79 % - -



Return On Assets Company Ranking
Within: No.
Industry # 4
Sector # 132
Overall # 1013

Return On Assets Statistics
High Average Low
14.31 %
8.96 %
0.97 %
(Dec. 30, 2012)   (Sep 30 2022)





Financial Statements
International Business Machines's Assets $ 120,652 million IBM's Balance sheet
International Business Machines's Income $ 1,704 million Quarterly IBM's Income Statement
IBM's Income by Division See IBM's Income by Division



Annual Return On Assets (Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
(Dec 31 2018)
FY 2018
Y / Y Total Assets Change -3.38 % -14.64 % -2.67 % 25.6 % -1.36 %
Total Assets in million 115,181 119,206 139,644 143,474 114,234
Y / Y Net Income Change -71.46 % 2.74 % -40.73 % 8.05 % 51.71 %
Net Income in million 1,639 5,743 5,590 9,431 8,728
Return On Assets 1.42 % 4.82 % 4 % 6.57 % 7.64 %




Comment on IBM's ROA in the fiscal year ending 2022
In the fiscal year 2022 International Business Machines's ROA decreased compared to previous year to 1.42 %, due to deterioration of net income -71.46 % to $1,639.00 million, from $5,743.00 million a year ago, as IBM's assets were $115,181.00 million.


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 Sep 30 2023, within Technology Sector ROA
Red Violet Inc   15.78 %
Legalzoom com Inc   15.61 %
Microchip Technology Incorporated  15.35 %
Meta Platforms Inc   14.99 %
Teradyne Inc   14.77 %
Qualcomm Inc  14.58 %
Cisco Systems Inc   13.79 %
Motorola Solutions inc   13.70 %
Logitech International S a   13.62 %
Jack Henry and Associates Inc   13.53 %
Everspin Technologies Inc   13.51 %
Universal Display Corporation  13.23 %
Crawford United Corp  13.10 %
Bk Technologies Corporation  13.09 %
Diodes Inc  12.92 %
Liveperson Inc   12.82 %
Gartner Inc   12.71 %
Shutterstock inc   12.64 %
Amphenol Corporation  12.56 %
Hubbell Inc  12.55 %
Fabrinet  12.43 %
Marketwise Inc   12.11 %
Nxp Semiconductors N v   12.04 %
Match Group Inc   11.91 %
Factset Research Systems Inc  11.75 %
Epam Systems Inc   11.62 %
Cognizant Technology Solutions Corporation  11.60 %
Consensus Cloud Solutions Inc   11.52 %
Cars com Inc   11.42 %
Forian Inc   11.41 %


Date modified: 2023-10-31T17:24:05+00:00


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