IBM Debt/Equity Ratio - INTERNATIONAL BUSINESS MACHINES CORP

Complete source-backed debt/equity ratio history.

Available history: 2009-12-31 to 2026-06-30
Data captured: 2026-09-04

Historical Debt/Equity Ratio

Date	Debt/Equity Ratio
2026-06-30	1.8
2026-03-31	2.01
2025-12-31	1.88
2025-09-30	2.26
2025-06-30	2.33
2025-03-31	2.35
2024-12-31	2.01
2024-09-30	2.31
2024-06-30	2.35
2024-03-31	2.56
2023-12-31	2.51
2023-09-30	2.39
2023-06-30	2.59
2023-03-31	2.72
2022-12-31	2.32
2022-09-30	2.53
2022-06-30	2.59
2022-03-31	2.85
2021-12-31	2.74
2021-09-30	2.45
2021-06-30	2.51
2021-03-31	2.64
2020-12-31	2.98
2020-09-30	3.08
2020-06-30	3.15
2020-03-31	3.22
2019-12-31	3.02
2019-09-30	3.51
2019-06-30	3.68
2019-03-31	2.84
2018-12-31	2.54
2018-09-30	2.16
2018-06-30	2.34
2018-03-31	2.43
2017-12-31	2.56
2017-09-30	2.3
2017-06-30	2.47
2017-03-31	2.32
2016-12-31	2.24
2016-09-30	2.48
2016-06-30	2.81
2016-03-31	3.03
2015-12-31	2.71
2015-09-30	2.81
2015-06-30	2.72
2015-03-31	3.16
2014-12-31	3.34
2014-09-30	2.73
2014-06-30	2.27
2013-12-31	1.61
2012-12-31	1.57
2011-12-31	1.35
2010-12-31	1.12
2009-12-31	1.17

Annual Debt/Equity Ratio

Date	Debt/Equity Ratio
2025-12-31	1.88
2024-12-31	2.01
2023-12-31	2.51
2022-12-31	2.32
2021-12-31	2.74
2020-12-31	2.98
2019-12-31	3.02
2018-12-31	2.54
2017-12-31	2.56
2016-12-31	2.24
2015-12-31	2.71
2014-12-31	3.34
2013-12-31	1.61
2012-12-31	1.57
2011-12-31	1.35
2010-12-31	1.12
2009-12-31	1.17