Cost of Goods Sold (Annual)

Cost of Goods Sold: The difference between beginning and ending inventories for tangible products, resulting in an expense that reflects production and sales costs.

International Business Machines Corporation (IBM) had Cost of Goods Sold of $27.20B for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$62.75B
Net Income	$6.02B
Cost of Goods Sold	$27.20B
Gross Profit	$35.55B
Operating Expenses	$54.37B
Operating Income	$8.38B
Non-Operating Income/Expense	$-2.59B
Pre-Tax Income	$5.80B
Normalized Pre-Tax Income	$5.80B
Income after Taxes	$6.01B
Income from Continuous Operations	$6.01B
Consolidated Net Income/Loss	$6.02B
Normalized Income after Taxes	$6.01B
EBIT	$8.38B
EBITDA	$13.05B
Weighted-Average Shares Outstanding (Basic)	921.77M
Weighted-Average Shares Outstanding (Diluted)	937.16M
Earnings per Share (EPS) (Basic)	$6.53
Earnings per Share (EPS) (Diluted)	$6.43
Balance Sheet Financials
Current Assets	$34.48B
Property, Plant, and Equipment	$5.73B
Long-Term Assets	$102.69B
Total Assets	$137.18B
Current Liabilities	$33.14B
Long-Term Debt	$49.88B
Long-Term Liabilities	$76.64B
Total Liabilities	$109.78B
Common Equity	$27.39B
Tangible Shareholders Equity	$-43.97B
Shareholders Equity	$27.39B
Common Shares Outstanding	926.29M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$13.45B
Cash Flow from Investing Activities	$-4.94B
Cash Flow from Financial Activities	$-7.08B
Beginning Cash	$13.09B
End Cash	$14.16B
Increase/Decrease in Cash	$1.07B
Stock-Based Compensation	$1.31B
Common Stock Dividends Paid	$-6.15B
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.04
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.65
Debt to Equity Ratio	2.01
Gross Margin	56.65%
Operating Margin	13.36%
EBIT Margin	13.36%
EBITDA Margin	20.80%
Pre-Tax Profit Margin	9.24%
Profit Margin	9.60%
Free Cash Flow	$12.95B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.46
Inventory Turnover	21.10
Receiveable Turnover	8.10
Days Sales in Receivables	45.08
Return on Equity	21.96%
Return on Tangible Equity	-13.68%
Return on Assets	4.38%
Return on Investments	7.78%
Book Value Per Share	$29.57
Free Cash Flow per Share	$13.82
Operating Cash Flow per Share	$14.35

Data from Zacks Investment Research, Inc.