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Qualcomm QCOM Free cash flow yield

Free cash flow yield at other companies

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-11.1%+2.0pp
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3.5%+0.5pp
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2.5%-0.3pp
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1.2%-1.6pp
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-4%+5.1pp

Other financials

Income statement

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Revenue$10.6B-3.5%
Gross profit$5.7B-5.7%
Operating income$2.3B-26.0%
Net income$7.4B+162%
EPS (diluted)$6.88+173%

Balance sheet

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Cash & equivalents$5.4B-24.6%
Total debt$14.8B+1.0%
Total equity$27.3B-1.6%
Total assets$57.1B+3.2%

Cash flow

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Operating cash flow$2.4B-4.1%
CapEx$533.0M+149%
Free cash flow$1.9B-18.1%

Valuation

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Market cap$238.32B-19.1%
Enterprise value$247.66B-17.2%
P/E15×-11.0×
P/S5.4×-1.6×

Profitability

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Gross margin54.8%-0.9pp
Operating margin25.5%-1.6pp
Net margin26.8%+3.4pp

Returns & leverage

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Return on equity44.6%+6.2pp
Debt / equity0.5×0.0×
Current ratio2.4×-0.4×

Where this comes from

Calculated from Qualcomm’s reported figures.

Based on trailing twelve months.

The official record: Qualcomm’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Qualcomm's free cash flow yield?
Qualcomm (QCOM) reported free cash flow yield of 9.1% in Q1 2026.
How has Qualcomm's free cash flow yield changed year-over-year?
Qualcomm's free cash flow yield increased by 32.0% year-over-year, from 6.9% to 9.1%.
What is the long-term trend for Qualcomm's free cash flow yield?
Over 4 years (2021 to 2025), Qualcomm's free cash flow yield has grown at a 7.8% compound annual growth rate (CAGR), from 20.9% to 28.3%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.