Stocktoria

QUALCOMM INC/DE QCOM

Nasdaq · stock · Radio & Tv Broadcasting & Communications Equipment · website · IPO 1991-12-13

QUALCOMM INC/DE statistics & valuation

Market cap$199.6B
P / E14.6×
P / S4.6×
P / B6.6×
Net margin31.6%
Return on equity44.8%
Net debt$8.0B
Net debt / EBITDA0.8×
Enterprise value USD$207.6B
EV / EBITDA20.2×
Earnings yield EBIT/EV4.2%
Return on capital17.7%
Graham number -47.8%$89.98

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($89.98); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
11.00% -22.00% 18.10% 22.10% 26.90% 29.30% 20.20% 26.00% 12.50% 31.60% 2017201820192020202120222023202420252026
Gross margin (%)
2017201820192020202120222023202420252026
Operating margin (%)
11.60% 2.70% 31.60% 26.60% 29.20% 35.90% 21.70% 25.80% 27.90% 20.10% 2017201820192020202120222023202420252026
Return on equity (%)
8.00% -615.10% 89.30% 85.50% 90.90% 71.80% 33.50% 38.60% 26.10% 44.80% 2017201820192020202120222023202420252026
Shares outstanding
1.49B 1.46B 1.22B 1.15B 1.15B 1.14B 1.13B 1.13B 1.10B 1.07B 2017201820192020202120222023202420252026
Net debt ($)
-$15.63B $3.59B $1.60B $8.52B $6.58B $10.76B $6.03B $5.42B $9.29B $7.98B 2017201820192020202120222023202420252026
Share buybacks ($)
2017201820192020202120222023202420252026
Return on assets (%)
3.70% -15.20% 13.30% 14.60% 21.90% 26.40% 14.20% 18.40% 11.10% 22.40% 2017201820192020202120222023202420252026
Free cash flow margin (%)
2017201820192020202120222023202420252026
Debt / equity (×)
0.63× 19.04× 2.74× 2.51× 1.38× 0.75× 0.67× 0.51× 0.70× 0.42× 2017201820192020202120222023202420252026
EPS ($)
$1.64 -$3.39 $3.59 $4.52 $7.87 $11.37 $6.42 $8.97 $5.01 $12.70 2017201820192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

QUALCOMM INC/DE trades at about 13.6× earnings — below its 10-year norm (10-year range 10.3×–36.1×, median 18.1×).

10.3× 36.1×

Shaded band = 10-year range (10.3×–36.1×); dot = today's 13.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Operating margin20.1%27.9%25.8%21.7%35.9%29.2%26.6%31.6%2.7%11.6%
Net margin31.6%12.5%26.0%20.2%29.3%26.9%22.1%18.1%-22.0%11.0%
Return on assets22.4%11.1%18.4%14.2%26.4%21.9%14.6%13.3%-15.2%3.7%
Return on equity44.8%26.1%38.6%33.5%71.8%90.9%85.5%89.3%-615.1%8.0%
Debt / equity0.42×0.70×0.51×0.67×0.75×1.38×2.51×2.74×19.04×0.63×
Current ratio1.862.822.402.331.751.682.141.881.533.98

Computed from company filings · US · as of 2025-09-28. Facts plus Stocktoria's own computed scores — not investment advice.