Analysis of Geographic Areas
International Business Machines Corp. operates in 2 regions: United States and Other countries.
Area Asset Turnover
International Business Machines Corp., asset turnover by geographic area
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 6.27 | 7.30 | 7.82 | 6.78 | 6.12 |
| Other countries | 21.90 | 18.03 | 16.87 | 15.03 | 8.43 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
| Other countries | Other countries area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: United States
International Business Machines Corp.; United States; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenue | 25,144) | 25,309) | 25,098) | 22,893) | 26,978) |
| Plant and other property, net | 4,009) | 3,466) | 3,209) | 3,375) | 4,410) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 6.27 | 7.30 | 7.82 | 6.78 | 6.12 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Area asset turnover = Revenue ÷ Plant and other property, net
= 25,144 ÷ 4,009 = 6.27
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Other countries
International Business Machines Corp.; Other countries; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenue | 37,609) | 36,551) | 35,432) | 34,457) | 46,642) |
| Plant and other property, net | 1,717) | 2,027) | 2,100) | 2,293) | 5,533) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 21.90 | 18.03 | 16.87 | 15.03 | 8.43 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Area asset turnover = Revenue ÷ Plant and other property, net
= 37,609 ÷ 1,717 = 21.90
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other countries | Other countries area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Revenue
International Business Machines Corp., revenue by geographic area
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 25,144) | 25,309) | 25,098) | 22,893) | 26,978) |
| Other countries | 37,609) | 36,551) | 35,432) | 34,457) | 46,642) |
| Total | 62,753) | 61,860) | 60,530) | 57,350) | 73,620) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
Plant and other property, net
International Business Machines Corp., plant and other property, net by geographic area
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 4,009) | 3,466) | 3,209) | 3,375) | 4,410) |
| Other countries | 1,717) | 2,027) | 2,100) | 2,293) | 5,533) |
| Total | 5,726) | 5,493) | 5,309) | 5,668) | 9,943) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).