Free cash flow (OCF − capex)

Flow – sum over the period · $B

FY2016

13.5^a$B

derived

All values (10)

Period	Value ($B)	Status
FY2025	12.1	derived
FY2024	12.4	derived
FY2023	12.7	derived
FY2022	9.1	derived
FY2021	10.7	derived
FY2020	15.6	derived
FY2019	12.5	derived
FY2018	11.9	derived
FY2017	13.5	derived
FY2016	13.5	derived

CSV with all sources · Technical ID: fcf

Free cash flow = operativer Cashflow (ocf) − Investitionen in Sachanlagen (capex), beide per Kapitalflussrechnung im SEC-Filing; derived, keine firmeneigene Non-GAAP-Definition (Meta/Microsoft/Tesla definieren FCF teils abweichend).

More metrics for IBM

Income statement

Per share

Balance sheet

Cash flow

Debt and interest

Sources & calculation

Value: $13.5B (derived)
Period: FY2016, ended Dec 31, 2016 · fiscal-year value (12 months)
Calculation: FCF = OCF $17.1B − Capex $3.6B = $13.5B (OCF: 10-K 0001047469-18-001117 filed Feb 27, 2018; Capex: 10-K 0001047469-17-001061 filed Feb 28, 2017; Formel einheitlich, not die firmeneigene Non-GAAP-Definition; Einheit USD)
Source: 10-K, filed Feb 27, 2018 · 0001047469-18-001117
Confidence: 0.95 – berechnet aus berichteten SEC-Werten derselben Periode (e.g. SG&A = S&M + G&A)

Versions

v2	$13.5B	Feb 27, 2018	10-K 0001047469-18-001117	derived · confidence 0.95 · current
v1	$13.4B	Feb 28, 2017	10-K 0001047469-17-001061	derived · confidence 0.95