Company / Operating Cash Flow
IBM Operating Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Cash Flow
$13.2B
FY2025
5-year range
$10.4B / $13.9B
FY2021-FY2025
Trend
-1.9%
vs FY2024
Sector context
#9 of 308
Information Technology
What the data says
Among 308 Information Technology companies, IBM is in the top 3% for operating cash flow. Operating Cash Flow has fluctuated over the past 10 years, ranging from $10.4B in FY2022 to $18.2B in FY2020.
Based on SEC 10-K filings.
$13.2B in FY2025 with a 5-year CAGR of -6.2%. Top quartile in the Information Technology sector.
Declined from $13.9B to $13.2B over the past 2 years.
Information Technology sector context is included.
Operating Cash Flow over time
Growth rates
- 3-Year CAGR
- +8.1%
- 5-Year CAGR
- -6.2%
- 10-Year CAGR
- -
Sector benchmark
+587.5% above sector average
Key checks
Key Insights
- 5-year CAGR of -6.2%, indicating a declining trend.
- In FY2025, operating cash flow decreased 1.9% year-over-year.
- Ranks #9 out of 308 companies in the Information Technology sector.
- Peak operating cash flow was recorded in FY2020.
Company context
Key Data Points
- Strong return on equity: 28.3%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $13.2B | -1.9% |
| FY2024 | $13.4B | -3.5% |
| FY2023 | $13.9B | +33.5% |
| FY2022 | $10.4B | -18.5% |
| FY2021 | $12.8B | -29.7% |
| FY2020 | $18.2B | +23.2% |
| FY2019 | $14.8B | -3.1% |
| FY2018 | $15.2B | -8.8% |
| FY2017 | $16.7B | -2.1% |
| FY2016 | $17.1B | -1.0% |
As of FY2025 · SEC Form 10-K · Last checked Jun 30, 2026