* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
International Business Machines OCF Margin % Chart
STU:IBM vs ACN, FISV, CTSH: OCF Margin % Comparison
For the Information Technology Services subindustry, International Business Machines's OCF Margin %, along with its competitors' market caps and OCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
International Business Machines OCF Margin % vs Software Industry
For the Software industry and Technology sector, International Business Machines's OCF Margin % distribution charts can be found below:
* The bar in red indicates where International Business Machines's OCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
International Business Machines (STU:IBM) has a OCF Margin % of 32.47% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on International Business Machines and its competitors. This is 52% above median its historical median of 21.41. Over the past decade, International Business Machines' OCF Margin % has ranged from 17.24 to 32.98. According to the industry distribution chart, International Business Machines ranks #600 out of 2812 companies in the Software industry, placing it in the top 21.3%.
Is International Business Machines' OCF Margin % too high?
International Business Machines' current OCF Margin % of 32.47% is 52% above median its 10-year median of 21.41. Over the past 10 years, this metric has ranged from a low of 17.24 to a high of 32.98. The Software industry median OCF Margin % is 6.75. International Business Machines' value of 32.47% is 381.4% above this industry median. Based on the distribution chart, International Business Machines ranks #600 out of 2812 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, International Business Machines has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Business Machines' OCF Margin % compare to ACN and FISV?
According to the Software industry distribution chart, International Business Machines ranks #600 out of 2812 companies for OCF Margin %. This places International Business Machines in the top 21% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 6.75. International Business Machines' value of 32.47% is 381.4% above this benchmark. Historically, International Business Machines' own OCF Margin % has ranged from 17.24 to 32.98 over the past decade. While the company's 10-year median is 21.41 vs. the industry median of 6.75, International Business Machines has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Software company?
The median OCF Margin % among Software companies is 6.75, based on 2,812 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. International Business Machines's current OCF Margin % of 32.47% is 381.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on International Business Machines and its competitors. For the Software industry, the median OCF Margin % is 6.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Business Machines's current OCF Margin % is 32.47%, which is 52% above median its own 10-year median of 21.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Business Machines stock overvalued right now?
Based on GuruFocus' analysis, International Business Machines (STU:IBM) is currently considered Modestly Overvalued. The stock's GF Value™ is €209.55, compared to a current price of €232.45 — trading 10.9% above its estimated fair value. The current OCF Margin % is 32.47%, which is 52% above median its 10-year median of 21.41 and 381.4% above the Software industry median of 6.75. International Business Machines' overall GF Score™ is 78/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For International Business Machines (STU:IBM), the current OCF Margin % is 32.47% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is International Business Machines (STU:IBM) Overvalued in 2026?
Based on GuruFocus' analysis, International Business Machines stock appears to be overvalued.
The current stock price of €232.45 is trading 10.9% above its estimated GF Value™ of €209.55.
GuruFocus considers International Business Machines to be Modestly Overvalued.
Key valuation signals for STU:IBM:
OCF Margin %: 32.47% (52% above median its 10-year median of 21.41)
GF Value™: €209.55 vs. price of €232.45 (10.9% above fair value)
Industry Position: 381.4% above the Software median (#600 of 2812)
No single metric tells the full story. See the STU:IBM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
International Business Machines Business Description
Incorporated in 1911, International Business Machines, or IBM, is one of the oldest technology companies in the world. It provides software, IT consulting services, and hardware to help business customers modernize their technology workflows. IBM operates in 175 countries and employs approximately 300,000 people. The company has a robust roster of business partners to service its clients, which includes 95% of all Fortune 500 companies. IBM's products, including Red Hat, watsonx, and mainframes, handle some of the world's most important data workloads in areas like finance and retail.
78GF Score
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