IBM vs. QNT: IBM vs. Quantinuum Stock Comparison
How do IBM (IBM) and Quantinuum (QNT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
IBM (IBM) and Quantinuum (QNT) are both classified in the IT Consulting & Other Services sub-industry within the broader IT Services industry, placing them in the closest GICS peer bucket.
IBM (IBM) has been public since January 2, 1962, giving it decades of market history across multiple cycles, while Quantinuum (QNT) listed only on June 4, 2026 and lacks comparable through-cycle data.
| Profile Item | IBM | QNT |
|---|---|---|
| Name | International Business Machines Corporation | Quantinuum Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | IT Services | IT Services |
| GICS Sub-Industry | IT Consulting & Other Services | IT Consulting & Other Services |
| Market Capitalization | 231.55 billion USD | 10.13 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | January 2, 1962 | June 4, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | IBM | QNT |
|---|---|---|
| Total Return (1Y) | -16.98% | -- |
| Total Return (3Y, Annualized) | 22.40% | -- |
| Total Return (5Y, Annualized) | 19.64% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Quantinuum (QNT) reports a negative beta of -2.69, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. IBM (IBM) has a non-negative beta of 0.79.
| Metric | IBM | QNT |
|---|---|---|
| Volatility (1Y, Annualized) | 48.48% | 105.28% |
| Beta (5Y) | 0.79 | -2.69 |
| Max Drawdown (5Y) | -37.50% | -64.15% |
| Avg. Volume (3M) | 5.30M | 2.01M |
Risk-Adjusted Performance
Risk-Return Positioning
Both IBM and QNT need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | IBM | QNT |
|---|---|---|
| Sharpe Ratio (1Y) | -0.44 | -- |
| Sortino Ratio (1Y) | -0.56 | -- |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: IBM (IBM) earns 34.77% on shareholders’ equity, ranked against its industry; Quantinuum (QNT) has no ROE this period.
IBM
Software & Services industry group
34.77%
- Max
- 53.85%
- IBM
- 34.77%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
QNT
Software & Services industry group
--
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
- QNT
- --
Net Margin (TTM)
IBM (IBM) at 15.99% retains a top-quartile share of revenue as profit, ahead of Quantinuum (QNT) at 0.00%, which keeps about the industry-typical share.
IBM
Software & Services industry group
15.99%
- Max
- 41.17%
- IBM
- 15.99%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
QNT
Software & Services industry group
0.00%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- QNT
- 0.00%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Quantinuum (QNT) reports a negative operating margin of -6,939.56%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile IBM (IBM) reports 16.97%, ranking against industry peers normally.
IBM
Software & Services industry group
16.97%
- Max
- 46.89%
- Q3
- 17.64%
- IBM
- 16.97%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
QNT
Software & Services industry group
-6,939.56%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
- QNT
- -6,939.56%
Profitability Metrics
| Metric | IBM | QNT |
|---|---|---|
| ROE (TTM) | 34.77% | -- |
| ROA (TTM) | 5.33% | -- |
| Net Margin (TTM) | 15.99% | 0.00% |
| Operating Margin (TTM) | 16.97% | -6,939.56% |
| Gross Margin (TTM) | 57.97% | 41.31% |
Growth
Revenue Growth
Quantinuum (QNT) at 34.61% sits in the top revenue growth quartile, while IBM (IBM) at 7.62% is closer to the peer norm — faster top-line expansion for QNT.
EPS Growth
Only one side can be read here: IBM (IBM) reports EPS growth of 73.72%, ranked against its industry; Quantinuum (QNT) has no EPS growth figure this period.
Growth Metrics
| Metric | IBM | QNT |
|---|---|---|
| Revenue Growth (YoY) | 7.62% | 34.61% |
| Revenue Growth (3Y CAGR) | 3.72% | -- |
| EPS Growth (YoY) | 73.72% | -- |
| EPS Growth (3Y CAGR) | 83.76% | -- |
Financial Strength
Current Ratio (MRQ)
Quantinuum (QNT) at 15.49 carries current ratio above its industry’s typical mid-range, while IBM (IBM) at 0.86 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
IBM
Software & Services industry group
0.86
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- IBM
- 0.86
- Min
- 0.03
QNT
Software & Services industry group
15.49
- QNT
- 15.49
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Quantinuum (QNT) at 0.01 keeps leverage in the lower quartile, while IBM (IBM) at 1.85 sits in the higher-leverage quartile.
IBM
Software & Services industry group
1.85
- Max
- 2.52
- IBM
- 1.85
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
QNT
Software & Services industry group
0.01
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- QNT
- 0.01
- Min
- 0.00
Financial Strength Metrics
| Metric | IBM | QNT |
|---|---|---|
| Current Ratio (MRQ) | 0.86 | 15.49 |
| Debt / Equity (MRQ) | 1.85 | 0.01 |
| Net Debt / EBITDA | 3.37 | -- |
Dividends
Dividend Yield (TTM)
Quantinuum (QNT) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile IBM (IBM) reports a yield of 2.73%, ranking against industry peers normally.
IBM
Software & Services industry group
2.73%
- IBM
- 2.73%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
QNT
Software & Services industry group
0.00%
- QNT
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Quantinuum (QNT) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile IBM (IBM) reports a payout of 57.51%, ranking against industry peers normally.
IBM
Software & Services industry group
57.51%
- IBM
- 57.51%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
QNT
Software & Services industry group
0.00%
- QNT
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | IBM | QNT |
|---|---|---|
| Dividend Yield (TTM) | 2.73% | 0.00% |
| Dividend Payout Ratio (TTM) | 57.51% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: IBM (IBM) trades at 20.90 times trailing earnings, ranked against its peers, while Quantinuum (QNT) has no P/E ratio this period.
IBM
Software & Services industry group
20.90
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- IBM
- 20.90
- Q1
- 18.77
- Min
- 6.69
QNT
Software & Services industry group
--
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
- QNT
- --
P/S Ratio (TTM)
IBM (IBM) at 3.31 prices around its industry’s typical P/S ratio, while Quantinuum (QNT) at 441.11 clears its benchmark range — QNT looks notably rich on sales.
IBM
Software & Services industry group
3.31
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- IBM
- 3.31
- Q1
- 2.23
- Min
- 0.02
QNT
Software & Services industry group
441.11
- QNT
- 441.11
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
IBM (IBM) at 6.52 sits near its industry’s typical P/B ratio, while Quantinuum (QNT) at 64.89 prices above its benchmark range — QNT looks rich relative to book.
IBM
Software & Services industry group
6.52
- Max
- 16.63
- Q3
- 8.50
- IBM
- 6.52
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
QNT
Software & Services industry group
64.89
- QNT
- 64.89
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | IBM | QNT |
|---|---|---|
| P/E Ratio (TTM) | 20.90 | -- |
| P/S Ratio (TTM) | 3.31 | 441.11 |
| P/B Ratio (MRQ) | 6.52 | 64.89 |
| Free Cash Flow Yield (TTM) | 5.34% | -- |