IBM Soars 16% In A Single Month: How Does It Compare With Others?

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IBM: International Business Machines logo
IBM
International Business Machines

Here is how International Business Machines (IBM) stacks up against its peers in size, valuation, growth and margin.

  • IBM’s operating margin of 17.1% is strong, lower than most peers – trailing MSFT (45.6%).
  • IBM’s revenue growth of 2.7% in the last 12 months is low, lagging MSFT, ORCL, SAP, GLOB but outpacing INTC.
  • IBM’s stock gained 31.7% over the past year and trades at a PE of 46.2, though peers like ORCL, INTC delivered stronger returns.

As a quick background, International Business Machines provides integrated global solutions and services across software, consulting, infrastructure, and financing, including hybrid cloud platforms, open-source software, and server and storage solutions.

IBM stock has jumped meaningfully recently and we currently find it unattractive. This may feel like a caution, and there is significant risk in relying on a single stock. However, there is a huge value to a broader diversified approach we take with Trefis High Quality Portfolio. We go beyond just equities. Is a portfolio of 10% commodities, 10% gold, and 2% crypto in addition to equities and bonds – likely to return more during the next 1-3 years, and protect you better if markets crash 20%? We have crunched the numbers.

  IBM MSFT ORCL SAP INTC GLOB
Market Cap ($ Bil) 269.4 3,927.3 824.0 319.8 159.9 2.7
Revenue ($ Bil) 64.0 281.7 59.0 35.9 53.1 2.5
PE Ratio 46.2 38.6 66.2 48.9 -7.8 24.2
LTM Revenue Growth 2.7% 14.9% 9.7% 10.3% -3.7% 8.7%
LTM Operating Margin 17.1% 45.6% 31.6% 25.9% -8.3% 7.5%
LTM FCF Margin 18.2% 25.4% -10.0% 17.8% -20.6% 6.2%
12M Market Return 31.7% 28.0% 72.4% 25.3% 62.0% -68.9%

Why does this matter? IBM just went up 16.5% in a month – peer comparison puts stock performance, valuation, and financials in context – highlighting whether it is truly outperforming, lagging behind, and above all – can this continue? Read Buy or Sell IBM Stock to see if International Business Machines holds up as a quality investment. Furthermore, there is always a risk of fall after a strong rally – see how the stock has dipped and recovered in the past through IBM Dip Buyer Analysis lens.

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  2. Buy or Sell International Business Machines Stock?
  3. Is Gartner a Better Buy Than International Business Machines?
  4. What’s Next For IBM Stock?
  5. IBM Earnings Preview: How To Position For Upcoming Results
  6. A Decade of Rewards: IBM Returns $77 Bil to Investors

Revenue Growth Comparison

  LTM 2025 2024 2023 2022
IBM 2.7% 1.4% 2.2% 5.5%
MSFT 14.9% 14.9% 15.7% 6.9%  
ORCL 9.7% 8.4% 6.0% 17.7%  
SAP 10.3% 9.5% 5.7% 9.5%
INTC -3.7% -2.1% -14.0% -20.2%
GLOB 8.7% 15.3% 17.7% 37.3%

Operating Margin Comparison

  LTM 2025 2024 2023 2022
IBM 17.1% 16.1% 15.9% 13.5%
MSFT 45.6% 45.6% 44.6% 41.8%  
ORCL 31.6% 31.5% 30.3% 27.6%  
SAP 25.9% 22.8% 19.3% 20.5%
INTC -8.3% -8.9% 0.1% 3.7%
GLOB 7.5% 9.6% 10.4% 12.0%

PE Ratio Comparison

  LTM 2025 2024 2023 2022
IBM 46.2 33.6 19.9 77.5
MSFT 38.6 30.8 31.7 24.7  
ORCL 66.2 37.4 27.6 25.9  
SAP 48.9 91.9 29.4 52.9
INTC -7.8 -4.6 124.7 13.5
GLOB 24.2 56.2 63.9 47.4

The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.