IBM

Halal Rating :
Comfortable
Last Price $249
Market Cap $231.61b
1D Change

-2.35 %

1 Year Change

46.46 %

Next Earnings Date

Yet to be announced

Company Overview

International Business Machines Corporation provides integrated solutions and services worldwide. The company operates through four business segments: Software, Consulting, Infrastructure, and Financing. The Software segment offers hybrid cloud platform and software solutions, such as Red Hat, an enterprise open-source solutions. The Infrastructure segment provides on-premises and cloud-based server and storage solutions.

Revenue Sources

Pass

Based on IBM's financial statements and business segments, their primary revenue streams come from software, consulting, infrastructure, and financing services. While IBM's financing segment provides leasing and financing solutions, these are tied to their core technology products and services rather than being standalone interest-based lending. The company's main revenue sources are halal technology and consulting services.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
March 31, 2025 $14.54b $13.38b - $455.0m 0.00% 3.40%
Dec. 31, 2024 $17.55b $16.26b - $424.0m 0.00% 2.61%
Sept. 30, 2024 $14.97b $13.53b - $429.0m 0.00% 3.17%
June 30, 2024 $15.77b $13.78b - $427.0m 0.00% 3.10%

Analyzing IBM's financial data for the past four quarters shows interest expenses between $405-432 million per quarter against total expenses ranging from $13.5-13.8 billion. The interest expense to total expense ratio consistently remains below 3.2% across all quarters, indicating interest plays a minor role in the company's operations.

Operational Ethics

Pass

While IBM maintains operations in various global locations, there is no evidence of current material partnerships or extensive collaborations with entities involved in human rights violations. The company has published clear ethical guidelines and human rights principles that guide their global operations.

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