IBM vs. MO
IBM (International Business Machines Corporation) and MO (Altria Group, Inc.) are both stocks. IBM operates in Information Technology Services (Technology), while MO operates in Tobacco (Consumer Defensive). Over the past 10 years, IBM returned 11.34%/yr vs 7.79%/yr for MO. At a 0.31 correlation, their price movements are largely independent.
Performance
IBM vs. MO - Performance Comparison
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Returns By Period
In the year-to-date period, IBM achieves a -3.95% return, which is significantly lower than MO's 25.71% return. Over the past 10 years, IBM has outperformed MO with an annualized return of 11.34%, while MO has yielded a comparatively lower 7.79% annualized return.
IBM
- 1D
- -1.41%
- 1M
- 22.22%
- YTD
- -3.95%
- 6M
- -7.98%
- 1Y
- 7.12%
- 3Y*
- 31.74%
- 5Y*
- 18.84%
- 10Y*
- 11.34%
MO
- 1D
- -1.25%
- 1M
- 4.65%
- YTD
- 25.71%
- 6M
- 27.02%
- 1Y
- 28.81%
- 3Y*
- 25.85%
- 5Y*
- 16.08%
- 10Y*
- 7.79%
IBM vs. MO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBM International Business Machines Corporation | -3.95% | 38.23% | 39.27% | 21.85% | 10.64% | 16.65% | -1.16% | 23.58% | -22.56% | -3.99% |
MO Altria Group, Inc. | 25.71% | 18.17% | 40.76% | -3.70% | 4.37% | 24.18% | -10.21% | 7.87% | -27.14% | 9.45% |
Correlation
The correlation between IBM and MO is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 1970 | 0.31 |
The correlation between IBM and MO shifts across timeframes, from -0.16 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.
Fundamentals
IBM:
$267.37B
MO:
$119.27B
IBM:
$11.32
MO:
$4.79
IBM:
24.81
MO:
14.87
IBM:
0.30
MO:
0.32
IBM:
3.87
MO:
5.49
IBM:
$68.91B
MO:
$21.82B
IBM:
$40.64B
MO:
$14.80B
IBM:
$15.71B
MO:
$11.70B
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Return for Risk
IBM vs. MO — Risk / Return Rank
IBM
MO
IBM vs. MO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for International Business Machines Corporation (IBM) and Altria Group, Inc. (MO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| IBM | MO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.27 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.25 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.23 | 1.76 | -1.53 |
| Martin ratioReturn relative to average drawdown | 0.50 | 4.45 | -3.95 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IBM | MO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.18 | 1.29 | -1.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 0.78 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.34 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.69 | -0.40 |
Drawdowns
IBM vs. MO - Drawdown Comparison
The maximum IBM drawdown since its inception was -69.40%, which is greater than MO's maximum drawdown of -65.43%. Use the drawdown chart below to compare losses from any high point for IBM and MO.
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Drawdown Indicators
| IBM | MO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.40% | -65.43% | -3.97% |
Max Drawdown (1Y)Largest decline over 1 year | -30.96% | -16.40% | -14.56% |
Max Drawdown (3Y)Largest decline over 3 years | -30.96% | -16.40% | -14.56% |
Max Drawdown (5Y)Largest decline over 5 years | -30.96% | -25.83% | -5.13% |
Max Drawdown (10Y)Largest decline over 10 years | -40.59% | -53.69% | +13.10% |
Current DrawdownCurrent decline from peak | -14.70% | -4.37% | -10.33% |
Average DrawdownAverage peak-to-trough decline | -20.12% | -11.93% | -8.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.23% | 6.49% | +7.74% |
Volatility
IBM vs. MO - Volatility Comparison
International Business Machines Corporation (IBM) has a higher volatility of 21.84% compared to Altria Group, Inc. (MO) at 6.69%. This indicates that IBM's price experiences larger fluctuations and is considered to be riskier than MO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBM | MO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.84% | 6.69% | +15.15% |
Volatility (6M)Calculated over the trailing 6-month period | 34.54% | 17.32% | +17.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.53% | 22.53% | +17.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.15% | 20.64% | +6.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.59% | 22.96% | +3.63% |
Dividends
IBM vs. MO - Dividend Comparison
IBM's dividend yield for the trailing twelve months is around 2.40%, less than MO's 5.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBM International Business Machines Corporation | 2.40% | 2.27% | 3.03% | 4.05% | 4.68% | 4.74% | 5.17% | 4.80% | 5.46% | 3.85% | 3.31% | 3.63% |
MO Altria Group, Inc. | 5.89% | 7.21% | 7.65% | 9.52% | 8.05% | 7.43% | 8.29% | 6.57% | 6.07% | 3.56% | 3.48% | 3.73% |
Financials
IBM vs. MO - Financials Comparison
This section allows you to compare key financial metrics between International Business Machines Corporation and Altria Group, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
IBM vs. MO - Profitability Comparison
IBM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, International Business Machines Corporation reported a gross profit of 8.95B and revenue of 15.92B. Therefore, the gross margin over that period was 56.2%.
MO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Altria Group, Inc. reported a gross profit of 3.51B and revenue of 5.43B. Therefore, the gross margin over that period was 64.6%.
IBM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, International Business Machines Corporation reported an operating income of 1.22B and revenue of 15.92B, resulting in an operating margin of 7.6%.
MO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Altria Group, Inc. reported an operating income of 2.96B and revenue of 5.43B, resulting in an operating margin of 54.5%.
IBM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, International Business Machines Corporation reported a net income of 1.22B and revenue of 15.92B, resulting in a net margin of 7.6%.
MO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Altria Group, Inc. reported a net income of 2.18B and revenue of 5.43B, resulting in a net margin of 40.2%.
Frequently Asked Questions
IBM and MO have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBM has higher volatility (21.84%) compared to MO (6.69%). In terms of maximum drawdown, IBM dropped -69.40% vs MO's -65.43%.
MO currently has the higher Sharpe Ratio (1.29 vs 0.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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