IBM Financial Performance from Time to Time- According to Annual Report from 2000 to 2021, It can be seen the financial conditions and business performance of IBM. Basically, this company still in the positive performance although this company is in declining era. Meanwhile, along with business development, as of 2021 IBM has 282,100 of Employees with has been serving around 177 countries.
The International Business Machines Corporation commonly known as “IBM” is a pioneer company that has long journey in Technology industries. Historically, IBM Was Founded by Herman Hollerith Charles Ranlett Flint Thomas J. Watson, Sr. on June 16, 1911. Operationally, IBM still has main office in Armonk, New York, U.S.A. To date, IBM Still become one of the largest technology companies in The US and World’s.
The IBM has miscellaneous product in some technological segments namely AI & Machine Learning, Analytics, Asset Management, Business Automation, Compute & servers, Database, DevOps, IT Automation, Middleware, Network, Operating Systems, Quantum, security & identity, storage, supply chain, and others. Based on the brand, Th IBM has some popular brands, including RedHat, Atlas, CICS, Aspera, Blueworks, Cognos, Emperor, Guardium, SPSS, Watson, Filenet, Instana, and others. Many programmers, scientist, and other users know this software.
The Assets, Liabilities, and Equities of IBM From 2000 to 2021
| Years | Assets | Liabilities |
|---|---|---|
| USD Million | USD Million | |
| 2021 | 132,001 | 113,005 |
| 2020 | 155,971 | 135,244 |
| 2019 | 152,186 | 131,202 |
| 2018 | 123,382 | 106,452 |
| 2017 | 125,356 | 107,631 |
| 2016 | 117,470 | 99,078 |
| 2015 | 110,495 | 96,071 |
| 2014 | 117,271 | 105,257 |
| 2013 | 126,223 | 103,294 |
| 2012 | 119,213 | 100,229 |
| 2011 | 116,433 | 96,197 |
| 2010 | 113,452 | 90,279 |
| 2009 | 109,022 | 86,267 |
| 2008 | 109,524 | 95,939 |
| 2007 | 120,431 | 91,962 |
| 2006 | 103,234 | 74,728 |
| 2005 | 105,748 | 72,650 |
| 2004 | 111,003 | 79,315 |
| 2003 | 104,457 | 76,593 |
| 2002 | 96,484 | 73,702 |
| 2001 | 88,313 | 64,699 |
| 2000 | 88,349 | 67,725 |
| Source : IBM Annual Report, 2001-2021 | ||
Based on the financial conditions, IBM is in stable conditions. According to the Balance sheet of IBM, the assets of the company is just USD 88,349 million with liabilities USD 67,725 million in 2000. In 2021, after 20 years, the IBM’s assets become USD 132,001 million with liabilities USD 113,005 million.
The Revenue and Net Income of IBM From 2000 to 2021
| Years | Revenue | Net Income |
|---|---|---|
| USD Million | USD Million | |
| 2021 | 57,350 | 5,743 |
| 2020 | 55,179 | 5,590 |
| 2019 | 77,147 | 9,431 |
| 2018 | 79,591 | 8,728 |
| 2017 | 79,139 | 5,753 |
| 2016 | 79,919 | 11,872 |
| 2015 | 81,741 | 13,190 |
| 2014 | 92,793 | 12,022 |
| 2013 | 98,367 | 16,483 |
| 2012 | 104,507 | 16,604 |
| 2011 | 106,916 | 15,855 |
| 2010 | 99,870 | 14,833 |
| 2009 | 95,758 | 13,425 |
| 2008 | 103,630 | 12,334 |
| 2007 | 98,786 | 10,418 |
| 2006 | 91,424 | 9,492 |
| 2005 | 91,134 | 7,934 |
| 2004 | 96,293 | 7,479 |
| 2003 | 89,131 | 6,558 |
| 2002 | 81,186 | 3,579 |
| 2001 | 83,067 | 7,723 |
| 2000 | 88,396 | 8,093 |
| Source : IBM Annual Report, 2001-2021 | ||
In the business performance conditions, based on the income statement of Annual Report, this company rather in downtrend conditions. It can be looked at the business performance from 2000 to 2021. In 2021, the IBM’s revenue had become USD 88,396 million with Net Income of USD 8,093 million. Basically, it is the decreasing performance from 2000 to 2021. Since 2011, the company has been declining trend in running their business.
In its business structure, the revenue of IBM can be Breakdown into some segments. Commonly, It can be divided into Software, Consulting, Infrastructure, and Financing. Of all the items, Software business still contributes significantly with contributing revenue around 22 billion US Dollars in 2020 and 24 billion US Dollars in 2021. The Software business contributes 42% of all IBM’s Revenue. Furthermore, Consulting business in the second biggest contributor with contributes USD 16 billion in 2020 (29% of all revenue) and USD 17.8 billion in 2021 (31% of all revenue). In Addition, the Infrastructure business contributes USD 14.5 billion in 2020 (26% of IBM’s revenue) and USD 14.1 billion in 2021 (25% of IBM’s Revenue).
Bibliography of IBM Financial Performance from Time to Time
IBM. 2023. Annual Report. Accessed via https://www.ibm.com/investor on February 2nd, 2023.
Wikipedia. 20223. IBM. Accessed via https://en.wikipedia.org/wiki/IBM on February 2nd, 2023.