IBM vs Oracle: financial comparison

Compare IBM and Oracle side by side: valuation, margins, growth, cash and dividends, with the quarterly history of both. Yahoo Finance data, free and no sign-up.

IBM

IBM

IBM

235.69 USD

See the IBM breakdown →
ORCL

Oracle

ORCL

146.98 USD

See the Oracle breakdown →

IBM vs Oracle: key metrics

IBMUSDOracleUSD
Valuation
Market cap222.05 B USD444.43 B USD
P/E (TTM)20.9122.97
Forward P/E17.9313.37
Price / Sales3.216.19
EV / EBITDA16.7117.09
Price / Book6.457.19
Margins & growth
Profit margin+15.52%+26.36%
Operating margin+16.55%+35.63%
Quarterly revenue (YoY)+1.09%+29.61%
Quarterly earnings (YoY)-1.32%+62.62%
Cash flow
FCF yield+5.43%-10.32%
Stock-based compensation—4.81 B USD
Balance
Cash8.13 B USD37.08 B USD
Debt65.27 B USD169.14 B USD
Net position-57.14 B USD-132.07 B USD
Dividend
Dividend yield+2.92%+1.34%
Payout ratio+59.77%+31.35%

Each column shows figures in that company's reporting currency (shown in the header); they are not converted. Ratios and percentages are currency-independent.

Price, rebased to 100

IBM179Oracle163
10020030020212026

P/E (TTM)

IBM20.9×Oracle23.0×
5010020212026

Both curves start at 100 on the same day, so this compares returns rather than prices. Each week's P/E is the price divided by the earnings per share already reported by that date; loss-making weeks are not drawn.

What analysts expect

Consensus revenue and earnings per share for the periods not yet reported.

Revenue forecast · IBM

ReportedEstimate
010B20BQ3 25: 16.33 B USDQ3 25Q4 25: 19.69 B USDQ4 25Q1 26: 15.92 B USDQ1 26Q2 26: 17.16 B USDQ2 26Q3 26 · Estimate: 16.84 B USD (16.67 B USD – 17.05 B USD)Q3 26Q4 26 · Estimate: 20.48 B USD (20.12 B USD – 20.71 B USD)Q4 26USD

Consensus of 18 analysts for Q3 26 · +3.1% year on year

Revenue forecast · Oracle

ReportedEstimate
010B20BQ4 25: 16.06 B USDQ4 25Q1 26: 17.19 B USDQ1 26Q2 26: 19.18 B USDQ2 26Q3 26: 19.35 B USDQ3 26Q1 27 · Estimate: 23.38 B USD (22.97 B USD – 23.77 B USD)Q1 27USD

Consensus of 30 analysts for Q1 27 · +36.01% year on year

EPS forecast · IBM

ReportedEstimate
024Q3 25: 2.65 · expected 2.45 (+8.31%)Q3 25Q4 25: 4.52 · expected 4.29 (+5.3%)Q4 25Q1 26: 1.91 · expected 1.81 (+5.45%)Q1 26Q2 26: 2.93 · expected 2.93 (-0.1%)Q2 26Q3 26 · Estimate: 2.87 (2.75 – 3.12)Q3 26Q4 26 · Estimate: 4.62 (4.41 – 4.77)Q4 26

Consensus of 19 analysts for Q3 26 · +8.33% year on year · adjusted earnings

EPS forecast · Oracle

ReportedEstimate
012Q4 25: 2.26 · expected 1.64 (+38.04%)Q4 25Q1 26: 1.79 · expected 1.69 (+5.69%)Q1 26Q2 26: 2.11 · expected 1.96 (+7.52%)Q2 26Q3 26: 1.92 · expected 1.74 (+10.45%)Q3 26Q1 27 · Estimate: 2.02 (1.89 – 2.12)Q1 27

Consensus of 34 analysts for Q1 27 · +12.97% year on year · adjusted earnings

Analyst consensus from Yahoo Finance. The dashed bar is the average and the whisker runs from the lowest analyst to the highest. On periods already reported, the green or red line marks what had been expected: below the bar means the company beat it. EPS is measured on an adjusted basis, which is what analysts forecast against and is not the accounting profit in the statements.

Compared over time

Revenue

IBMOracle
05B10B15BQ3 22 · IBM: 14.11 B USDQ3 22 · Oracle: 11.45 B USDQ3 22Q4 22 · IBM: 16.69 B USDQ4 22 · Oracle: 12.28 B USDQ1 23 · IBM: 14.25 B USDQ1 23 · Oracle: 12.40 B USDQ2 23 · IBM: 15.48 B USDQ2 23 · Oracle: 13.84 B USDQ2 23Q3 23 · IBM: 14.75 B USDQ3 23 · Oracle: 12.45 B USDQ4 23 · IBM: 17.38 B USDQ4 23 · Oracle: 12.94 B USDQ1 24 · IBM: 14.46 B USDQ1 24 · Oracle: 13.28 B USDQ1 24Q2 24 · IBM: 15.77 B USDQ2 24 · Oracle: 14.29 B USDQ3 24 · IBM: 14.97 B USDQ3 24 · Oracle: 13.31 B USDQ4 24 · Oracle: 14.06 B USDQ4 24Q2 25 · IBM: 16.98 B USDQ3 25 · IBM: 16.33 B USDQ3 25 · Oracle: 14.93 B USDQ4 25 · IBM: 19.69 B USDQ4 25 · Oracle: 16.06 B USDQ4 25Q1 26 · IBM: 15.92 B USDQ1 26 · Oracle: 17.19 B USDQ2 26 · IBM: 17.16 B USDQ2 26 · Oracle: 19.18 B USDQ3 26 · Oracle: 19.35 B USDQ3 26USD

Net income

IBMOracle
-3B03B5BQ3 22 · IBM: -3.20 B USDQ3 22 · Oracle: 1.55 B USDQ3 22Q4 22 · IBM: 2.71 B USDQ4 22 · Oracle: 1.74 B USDQ1 23 · IBM: 927.00 M USDQ1 23 · Oracle: 1.90 B USDQ2 23 · IBM: 1.58 B USDQ2 23 · Oracle: 3.32 B USDQ2 23Q3 23 · IBM: 1.70 B USDQ3 23 · Oracle: 2.42 B USDQ4 23 · IBM: 3.29 B USDQ4 23 · Oracle: 2.50 B USDQ1 24 · IBM: 1.61 B USDQ1 24 · Oracle: 2.40 B USDQ1 24Q2 24 · IBM: 1.83 B USDQ2 24 · Oracle: 3.14 B USDQ3 24 · IBM: -330.00 M USDQ3 24 · Oracle: 2.93 B USDQ4 24 · Oracle: 3.15 B USDQ4 24Q2 25 · IBM: 2.19 B USDQ3 25 · IBM: 1.74 B USDQ3 25 · Oracle: 2.93 B USDQ4 25 · IBM: 5.60 B USDQ4 25 · Oracle: 6.14 B USDQ4 25Q1 26 · IBM: 1.22 B USDQ1 26 · Oracle: 3.72 B USDQ2 26 · IBM: 2.17 B USDQ2 26 · Oracle: 4.30 B USDQ3 26 · Oracle: 4.76 B USDQ3 26USD

Free cash flow

IBMOracle
-10B-5B05BQ3 22 · IBM: 1.58 B USDQ3 22 · Oracle: 4.68 B USDQ3 22Q4 22 · IBM: 3.56 B USDQ4 22 · Oracle: -1.59 B USDQ1 23 · IBM: 3.47 B USDQ1 23 · Oracle: 1.65 B USDQ2 23 · IBM: 2.27 B USDQ2 23 · Oracle: 3.73 B USDQ2 23Q3 23 · IBM: 2.78 B USDQ3 23 · Oracle: 5.66 B USDQ4 23 · IBM: 4.16 B USDQ4 23 · Oracle: -937.00 M USDQ1 24 · IBM: 3.93 B USDQ1 24 · Oracle: 3.80 B USDQ1 24Q2 24 · IBM: 1.85 B USDQ2 24 · Oracle: 3.28 B USDQ3 24 · IBM: 2.60 B USDQ3 24 · Oracle: 5.12 B USDQ4 24 · Oracle: -2.67 B USDQ4 24Q2 25 · IBM: 1.33 B USDQ3 25 · IBM: 2.67 B USDQ3 25 · Oracle: -362.00 M USDQ4 25 · IBM: 3.49 B USDQ4 25 · Oracle: -9.97 B USDQ4 25Q1 26 · IBM: 4.78 B USDQ1 26 · Oracle: -11.48 B USDQ2 26 · IBM: 2.21 B USDQ2 26 · Oracle: -1.87 B USDQ3 26 · Oracle: -5.40 B USDQ3 26USD

EPS

IBMOracle
-2.502.55Q3 22 · IBM: -3.54Q3 22 · Oracle: 0.56Q3 22Q4 22 · IBM: 3.00Q4 22 · Oracle: 0.63Q1 23 · IBM: 1.01Q1 23 · Oracle: 0.68Q2 23 · IBM: 1.72Q2 23 · Oracle: 1.20Q2 23Q3 23 · IBM: 1.84Q3 23 · Oracle: 0.86Q4 23 · IBM: 3.57Q4 23 · Oracle: 0.89Q1 24 · IBM: 1.72Q1 24 · Oracle: 0.85Q1 24Q2 24 · IBM: 1.96Q2 24 · Oracle: 1.11Q3 24 · IBM: -0.36Q3 24 · Oracle: 1.03Q4 24 · Oracle: 1.10Q4 24Q2 25 · IBM: 2.31Q3 25 · IBM: 1.84Q3 25 · Oracle: 1.01Q4 25 · IBM: 5.88Q4 25 · Oracle: 2.10Q4 25Q1 26 · IBM: 1.28Q1 26 · Oracle: 1.27Q2 26 · IBM: 2.27Q2 26 · Oracle: 1.45Q3 26 · Oracle: 1.56Q3 26

EBITDA

IBMOracle
05B10BQ2 25 · IBM: 4.37 B USDQ2 25Q3 25 · IBM: 4.21 B USDQ3 25 · Oracle: 6.12 B USDQ3 25Q4 25 · IBM: 5.92 B USDQ4 25 · Oracle: 9.51 B USDQ4 25Q1 26 · IBM: 3.13 B USDQ1 26 · Oracle: 8.16 B USDQ1 26Q2 26 · IBM: 4.31 B USDQ2 26 · Oracle: 9.66 B USDQ2 26Q3 26 · Oracle: 10.39 B USDQ3 26USD

Source: Yahoo Finance. Quarterly history grows automatically over time as new quarters are published.

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