International Business Machines Corp
IBMCompany Overview
International Business Machines Corp. is an information technology company, which engages in the provision of integrated solutions that leverage information technology and knowledge of business processes. It operates through the following segments: Software, Consulting, Infrastructure, Financing, and Other. The Software segment combines hybrid cloud platform and software solutions to help clients become more data-driven, and to automate, secure, and modernize their environments. The Consulting segment focuses on integrating skills on strategy, experience, technology and operations by domain and industry. The Infrastructure segment offers solutions for hybrid cloud, and is the foundation of the hybrid cloud stack. Infrastructure is optimized for infusing AI into mission-critical transactions and tightly integrated with IBM Software including Red Hat for accelerated hybrid cloud benefits. The Financing segment refers to the client and commercial financing, facilitating IBM clients’ acquisition of IT systems, software, and services. The company was founded by Charles Ranlett Flint and Thomas J. Watson Sr. on June 16, 1911 and is headquartered in Armonk, NY.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
| Name | International Business Machines Corp |
| Ticker | IBM |
| Main Business | Information Technology Services |
| Type | Common Stock |
| Industry | Information Technology Services |
| Country | US |
| Market Cap | $151.23 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Software | $25,040.0 | $0.0 | - |
| Consulting | $19,110.0 | $0.0 | - |
| Infrastructure | $15,290.0 | $0.0 | - |
| Financing | $645.0 | $0.0 | - |
| Other-divested businesses | $318.0 | $0.0 | - |
| Other revenue | $135.0 | $0.0 | - |
| Interest income | $162.0 | $162.0 | - |
| Total | $60,700.0 | $162.0 | 0.27% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $7,250,000,000.0 | 4.79% |
| long term debt and capital lease obligation | $52,690,000,000.0 | 34.84% |
| derivative product liabilities | $299,000,000.0 | 0.20% |
| Total Interest-Bearing Debt | $60,239,000,000.0 | 39.83% |
| Market Capitalization | $151,226,507,500.0 | 100.00% |
| Compliance Status | Threshold: 33% | failed |