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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 Effective Tax Rate by quarter

Trends, Rankings, Statistics



IBM Effective Tax Rate (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 Pre-Tax Income Change 13.5 % - 16.14 % 69.82 % 15.44 %
Seq. Pre-Tax Income Change 100.69 % -6.35 % 89.04 % -68.06 % -
Pre-Tax Income In Millions $3,759.00 $1,873.00 $2,000.00 $1,058.00 $3,312.00
Effective Tax Rate 12.61 % 8.49 % 20.95 % 11.72 % 13.38 %
Effective Tax Rate Total Ranking # 265 # 247 # 844 # 300 # 477
Income taxes expenses / -benefit In Millions $474.00 $159.00 $419.00 $124.00 $443.00
Y / Y Income taxes expenses / -benefit Change 7 % - 63.04 % - 8.85 %
Seq. Income taxes expenses / -benefit Change 198.11 % -62.05 % 237.9 % -72.01 % -


Commenting fourth Quarter 2023 Effective Tax Rate
Company's effective tax rate in IV. Quarter increased compare to previous quarter to 12.61 %, below company's average Effective Tax Rate.

Looking into IV. Quarter results within Computer Hardware industry International Business Machines Corporation achieved lowest Effective Tax Rate. While Effective Tax Rate total ranking has deteriorated compare to previous quarter from 247 to 265.

IBM's Effective Tax Rate fourth quarter 2023 Company Ranking
Within: No.
Computer Hardware Industry # 1
Technology Sector # 46
Overall # 265

IBM's Effective Tax Rate Statistics
High Average Low
123.57 % 23.26 % 1.94 %
(Dec 31 2017)   (Dec 31 2020)




Other Effective Tax Rate Profitability Ratios
IBM's Cumulative Effective Tax Rate
Computer Hardware Industry Effective Tax Rate Trends and Statistics
Technology Sector Effective Tax Rate Statistics
Effective Tax Rate Profitability Trends for overall market
IBM's Effective Tax Rate Profitability versus Computer Hardware Industry, Technology Sector and total Market
Highest Ranking Effective Tax Rate
Lowest Ranking Effective Tax Rate
Effective Tax Rate Profit Margin for IBM's Competitors
Effective Tax Rate Profit Margin for International Business Machines's Suppliers
Effective Tax Rate Profit Margin for IBM's Customers

You may also want to know
IBM's Annual Growth Rates 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 Income taxes expenses / -benefit Growth
IBM's Roa IBM's Inventory Turnover Ratio IBM's Growth Rates IBM's Dividend Comparisons


Companies with similar Effective Tax Rate in the quarter ending Dec 31 2023, within Computer Hardware Industry Effective Tax RateDec 31 2023 MRQ Income taxes expenses / -benefitDec 31 2023 MRQ Pre-Tax Income
Hp inc   21.56 %$ 171.000 $ 793.000 
Hewlett Packard Enterprise Company  19.88 %$ 96.000 $ 483.000 
Super Micro Computer Inc   17.30 %$ 61.503 $ 355.447 
Apple Inc   15.89 %$ 6,407.000 $ 40,323.000 
International Business Machines Corporation  12.61 %$ 474.000 $ 3,759.000 




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