QUALCOMM INC (QCOM) Stock Fundamental Analysis

NASDAQ:QCOM • US7475251036

142.36 USD
-3.23 (-2.22%)
At close: Feb 27, 2026
142.275 USD
-0.09 (-0.06%)
After Hours: 2/27/2026, 8:00:02 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

7

We assign a fundamental rating of 7 out of 10 to QCOM. QCOM was compared to 114 industry peers in the Semiconductors & Semiconductor Equipment industry. QCOM scores excellent points on both the profitability and health parts. This is a solid base for a good stock. QCOM is valued quite cheap, while showing a decent growth score. This is a good combination! Finally QCOM also has an excellent dividend rating. This makes QCOM very considerable for value and dividend and quality investing!


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • In the past year QCOM was profitable.
  • In the past year QCOM had a positive cash flow from operations.
  • QCOM had positive earnings in each of the past 5 years.
  • QCOM had a positive operating cash flow in each of the past 5 years.
QCOM Yearly Net Income VS EBIT VS OCF VS FCFQCOM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B

1.2 Ratios

  • QCOM has a Return On Assets of 10.12%. This is amongst the best in the industry. QCOM outperforms 80.70% of its industry peers.
  • QCOM's Return On Equity of 23.25% is amongst the best of the industry. QCOM outperforms 89.47% of its industry peers.
  • The Return On Invested Capital of QCOM (19.99%) is better than 93.86% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for QCOM is significantly above the industry average of 10.64%.
  • The 3 year average ROIC (17.48%) for QCOM is below the current ROIC(19.99%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 10.12%
ROE 23.25%
ROIC 19.99%
ROA(3y)14.54%
ROA(5y)18.39%
ROE(3y)32.75%
ROE(5y)52.19%
ROIC(3y)17.48%
ROIC(5y)20.71%
QCOM Yearly ROA, ROE, ROICQCOM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -200 -400 -600

1.3 Margins

  • Looking at the Profit Margin, with a value of 11.96%, QCOM is in the better half of the industry, outperforming 67.54% of the companies in the same industry.
  • QCOM's Profit Margin has declined in the last couple of years.
  • The Operating Margin of QCOM (27.20%) is better than 85.96% of its industry peers.
  • QCOM's Operating Margin has improved in the last couple of years.
  • With a decent Gross Margin value of 55.10%, QCOM is doing good in the industry, outperforming 72.81% of the companies in the same industry.
  • In the last couple of years the Gross Margin of QCOM has remained more or less at the same level.
Industry RankSector Rank
OM 27.2%
PM (TTM) 11.96%
GM 55.1%
OM growth 3Y-5.8%
OM growth 5Y6.56%
PM growth 3Y-24.67%
PM growth 5Y-12.15%
GM growth 3Y-1.41%
GM growth 5Y-0.7%
QCOM Yearly Profit, Operating, Gross MarginsQCOM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. Health

2.1 Basic Checks

  • QCOM has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • Compared to 1 year ago, QCOM has less shares outstanding
  • QCOM has less shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, QCOM has a worse debt to assets ratio.
QCOM Yearly Shares OutstandingQCOM Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B
QCOM Yearly Total Debt VS Total AssetsQCOM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B

2.2 Solvency

  • QCOM has an Altman-Z score of 5.64. This indicates that QCOM is financially healthy and has little risk of bankruptcy at the moment.
  • QCOM has a Altman-Z score of 5.64. This is in the better half of the industry: QCOM outperforms 61.40% of its industry peers.
  • QCOM has a debt to FCF ratio of 1.15. This is a very positive value and a sign of high solvency as it would only need 1.15 years to pay back of all of its debts.
  • QCOM has a better Debt to FCF ratio (1.15) than 71.93% of its industry peers.
  • A Debt/Equity ratio of 0.64 indicates that QCOM is somewhat dependend on debt financing.
  • The Debt to Equity ratio of QCOM (0.64) is worse than 71.93% of its industry peers.
  • Although QCOM does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
Industry RankSector Rank
Debt/Equity 0.64
Debt/FCF 1.15
Altman-Z 5.64
ROIC/WACC1.92
WACC10.43%
QCOM Yearly LT Debt VS Equity VS FCFQCOM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

2.3 Liquidity

  • A Current Ratio of 2.51 indicates that QCOM has no problem at all paying its short term obligations.
  • QCOM has a Current ratio of 2.51. This is comparable to the rest of the industry: QCOM outperforms 42.11% of its industry peers.
  • A Quick Ratio of 1.83 indicates that QCOM should not have too much problems paying its short term obligations.
  • QCOM's Quick ratio of 1.83 is on the low side compared to the rest of the industry. QCOM is outperformed by 61.40% of its industry peers.
Industry RankSector Rank
Current Ratio 2.51
Quick Ratio 1.83
QCOM Yearly Current Assets VS Current LiabilitesQCOM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 11.50% over the past year.
  • Measured over the past years, QCOM shows a very strong growth in Earnings Per Share. The EPS has been growing by 23.54% on average per year.
  • The Revenue has grown by 10.25% in the past year. This is quite good.
  • Measured over the past years, QCOM shows a quite strong growth in Revenue. The Revenue has been growing by 15.30% on average per year.
EPS 1Y (TTM)11.5%
EPS 3Y-1.35%
EPS 5Y23.54%
EPS Q2Q%2.64%
Revenue 1Y (TTM)10.25%
Revenue growth 3Y0.06%
Revenue growth 5Y15.3%
Sales Q2Q%5%

3.2 Future

  • The Earnings Per Share is expected to grow by 7.18% on average over the next years.
  • The Revenue is expected to grow by 5.35% on average over the next years.
EPS Next Y1.63%
EPS Next 2Y1.91%
EPS Next 3Y3.11%
EPS Next 5Y7.18%
Revenue Next Year3.7%
Revenue Next 2Y2.45%
Revenue Next 3Y3.59%
Revenue Next 5Y5.35%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
QCOM Yearly Revenue VS EstimatesQCOM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B 40B 50B
QCOM Yearly EPS VS EstimatesQCOM Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5 10 15

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Find the best growth stocksShow best growing peers

8

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 11.75, which indicates a very decent valuation of QCOM.
  • QCOM's Price/Earnings ratio is rather cheap when compared to the industry. QCOM is cheaper than 97.37% of the companies in the same industry.
  • QCOM is valuated cheaply when we compare the Price/Earnings ratio to 27.10, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 11.39, which indicates a very decent valuation of QCOM.
  • Based on the Price/Forward Earnings ratio, QCOM is valued cheaper than 94.74% of the companies in the same industry.
  • QCOM's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.06.
Industry RankSector Rank
PE 11.75
Fwd PE 11.39
QCOM Price Earnings VS Forward Price EarningsQCOM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of QCOM indicates a rather cheap valuation: QCOM is cheaper than 91.23% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, QCOM is valued cheaply inside the industry as 96.49% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 11.75
EV/EBITDA 11.17
QCOM Per share dataQCOM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates QCOM does not grow enough to justify the current Price/Earnings ratio.
  • The excellent profitability rating of QCOM may justify a higher PE ratio.
PEG (NY)7.2
PEG (5Y)0.5
EPS Next 2Y1.91%
EPS Next 3Y3.11%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • QCOM has a Yearly Dividend Yield of 2.57%.
  • Compared to an average industry Dividend Yield of 0.48, QCOM pays a better dividend. On top of this QCOM pays more dividend than 94.74% of the companies listed in the same industry.
  • QCOM's Dividend Yield is a higher than the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 2.57%

5.2 History

  • The dividend of QCOM is nicely growing with an annual growth rate of 6.56%!
  • QCOM has paid a dividend for at least 10 years, which is a reliable track record.
  • QCOM has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.56%
Div Incr Years21
Div Non Decr Years21
QCOM Yearly Dividends per shareQCOM Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

5.3 Sustainability

  • 71.05% of the earnings are spent on dividend by QCOM. This is not a sustainable payout ratio.
  • QCOM's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP71.05%
EPS Next 2Y1.91%
EPS Next 3Y3.11%
QCOM Yearly Income VS Free CF VS DividendQCOM Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B
QCOM Dividend Payout.QCOM Dividend Payout, showing the Payout Ratio.QCOM Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

QUALCOMM INC

NASDAQ:QCOM (2/27/2026, 8:00:02 PM)

After market: 142.275 -0.09 (-0.06%)

142.36

-3.23 (-2.22%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)02-04
Earnings (Next)04-28
Inst Owners81.85%
Inst Owner Change-0.8%
Ins Owners0.05%
Ins Owner Change-0.29%
Market Cap151.90B
Revenue(TTM)44.87B
Net Income(TTM)5.37B
Analysts72.89
Price Target190.7 (33.96%)
Short Float %3.21%
Short Ratio3.6
Dividend
Industry RankSector Rank
Dividend Yield 2.57%
Yearly Dividend3.48
Dividend Growth(5Y)6.56%
DP71.05%
Div Incr Years21
Div Non Decr Years21
Ex-Date03-05
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.42%
Min EPS beat(2)0.57%
Max EPS beat(2)2.27%
EPS beat(4)3
Avg EPS beat(4)0.48%
Min EPS beat(4)-0.96%
Max EPS beat(4)2.27%
EPS beat(8)7
Avg EPS beat(8)2.79%
EPS beat(12)10
Avg EPS beat(12)3.29%
EPS beat(16)12
Avg EPS beat(16)2.88%
Revenue beat(2)1
Avg Revenue beat(2)0.38%
Min Revenue beat(2)-1.63%
Max Revenue beat(2)2.38%
Revenue beat(4)1
Avg Revenue beat(4)-0.36%
Min Revenue beat(4)-1.85%
Max Revenue beat(4)2.38%
Revenue beat(8)3
Avg Revenue beat(8)0.38%
Revenue beat(12)4
Avg Revenue beat(12)0.19%
Revenue beat(16)5
Avg Revenue beat(16)-0.05%
PT rev (1m)-2.18%
PT rev (3m)3.65%
EPS NQ rev (1m)-11.97%
EPS NQ rev (3m)-11.74%
EPS NY rev (1m)-0.92%
EPS NY rev (3m)-0.81%
Revenue NQ rev (1m)-5.23%
Revenue NQ rev (3m)-4.72%
Revenue NY rev (1m)-0.29%
Revenue NY rev (3m)1.97%
Valuation
Industry RankSector Rank
PE 11.75
Fwd PE 11.39
P/S 3.39
P/FCF 11.75
P/OCF 10.56
P/B 6.58
P/tB 20.91
EV/EBITDA 11.17
EPS(TTM)12.12
EY8.51%
EPS(NY)12.49
Fwd EY8.78%
FCF(TTM)12.11
FCFY8.51%
OCF(TTM)13.49
OCFY9.47%
SpS42.05
BVpS21.62
TBVpS6.81
PEG (NY)7.2
PEG (5Y)0.5
Graham Number76.79
Profitability
Industry RankSector Rank
ROA 10.12%
ROE 23.25%
ROCE 28.24%
ROIC 19.99%
ROICexc 27.52%
ROICexgc 55.45%
OM 27.2%
PM (TTM) 11.96%
GM 55.1%
FCFM 28.81%
ROA(3y)14.54%
ROA(5y)18.39%
ROE(3y)32.75%
ROE(5y)52.19%
ROIC(3y)17.48%
ROIC(5y)20.71%
ROICexc(3y)23.98%
ROICexc(5y)29.07%
ROICexgc(3y)39.79%
ROICexgc(5y)50.96%
ROCE(3y)24.69%
ROCE(5y)29.47%
ROICexgc growth 3Y-4.83%
ROICexgc growth 5Y4.68%
ROICexc growth 3Y-5.32%
ROICexc growth 5Y8.03%
OM growth 3Y-5.8%
OM growth 5Y6.56%
PM growth 3Y-24.67%
PM growth 5Y-12.15%
GM growth 3Y-1.41%
GM growth 5Y-0.7%
F-Score5
Asset Turnover0.85
Health
Industry RankSector Rank
Debt/Equity 0.64
Debt/FCF 1.15
Debt/EBITDA 1.08
Cap/Depr 93.91%
Cap/Sales 3.26%
Interest Coverage 250
Cash Conversion 104.55%
Profit Quality 240.93%
Current Ratio 2.51
Quick Ratio 1.83
Altman-Z 5.64
F-Score5
WACC10.43%
ROIC/WACC1.92
Cap/Depr(3y)71.86%
Cap/Depr(5y)92.66%
Cap/Sales(3y)3.14%
Cap/Sales(5y)4.03%
Profit Quality(3y)159.2%
Profit Quality(5y)125.21%
High Growth Momentum
Growth
EPS 1Y (TTM)11.5%
EPS 3Y-1.35%
EPS 5Y23.54%
EPS Q2Q%2.64%
EPS Next Y1.63%
EPS Next 2Y1.91%
EPS Next 3Y3.11%
EPS Next 5Y7.18%
Revenue 1Y (TTM)10.25%
Revenue growth 3Y0.06%
Revenue growth 5Y15.3%
Sales Q2Q%5%
Revenue Next Year3.7%
Revenue Next 2Y2.45%
Revenue Next 3Y3.59%
Revenue Next 5Y5.35%
EBIT growth 1Y11.89%
EBIT growth 3Y-5.74%
EBIT growth 5Y22.86%
EBIT Next Year7.27%
EBIT Next 3Y4.53%
EBIT Next 5YN/A
FCF growth 1Y30.74%
FCF growth 3Y23.33%
FCF growth 5Y23.81%
OCF growth 1Y29.02%
OCF growth 3Y15.49%
OCF growth 5Y19.24%

QUALCOMM INC / QCOM FAQ

What is the fundamental rating for QCOM stock?

ChartMill assigns a fundamental rating of 7 / 10 to QCOM.


What is the valuation status for QCOM stock?

ChartMill assigns a valuation rating of 8 / 10 to QUALCOMM INC (QCOM). This can be considered as Undervalued.


What is the profitability of QCOM stock?

QUALCOMM INC (QCOM) has a profitability rating of 8 / 10.


Can you provide the PE and PB ratios for QCOM stock?

The Price/Earnings (PE) ratio for QUALCOMM INC (QCOM) is 11.75 and the Price/Book (PB) ratio is 6.58.


Can you provide the expected EPS growth for QCOM stock?

The Earnings per Share (EPS) of QUALCOMM INC (QCOM) is expected to grow by 1.63% in the next year.