Company / Capital Expenditures
IBM Capital Expenditures History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$1.1B
FY2025
5-year range
$1.0B / $2.1B
FY2021-FY2025
Trend
+4.1%
vs FY2024
Sector context
#11 of 295
Information Technology
What the data says
Among 295 Information Technology companies, IBM is in the top 4% for capital expenditures. Capital Expenditures returned to growth in FY2025 after 4 years of decline, reaching $1.1B.
Based on SEC 10-K filings.
$1.1B in FY2025 with a 5-year CAGR of -16.1%. Top quartile in the Information Technology sector.
Declined from $1.2B to $1.1B over the past 2 years.
Information Technology sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- -6.8%
- 5-Year CAGR
- -16.1%
- 10-Year CAGR
- -
Sector benchmark
+95.6% above sector average
Key checks
Key Insights
- 5-year CAGR of -16.1%, indicating a declining trend.
- In FY2025, capital expenditures increased 4.1% year-over-year.
- Ranks #11 out of 295 companies in the Information Technology sector.
- Peak capital expenditures was recorded in FY2016.
Company context
Key Data Points
- Strong return on equity: 28.3%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.1B | +4.1% |
| FY2024 | $1.0B | -15.8% |
| FY2023 | $1.2B | -7.5% |
| FY2022 | $1.3B | -34.7% |
| FY2021 | $2.1B | -21.2% |
| FY2020 | $2.6B | +14.5% |
| FY2019 | $2.3B | -32.7% |
| FY2018 | $3.4B | +5.1% |
| FY2017 | $3.2B | -9.5% |
| FY2016 | $3.6B | -0.3% |
As of FY2025 · SEC Form 10-K · Last checked Jun 30, 2026