Qualcomm QCOM Ratios & Valuation
| TTM Q2 '26 | TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 221%-0.9pp | 221.9%-0.9pp | 222.8%-0.8pp | 223.6%-0.2pp | 223.8%-0.1pp | |
| Operating margin | 108.3%-1.6pp | 109.9%+0.8pp | 109.1%+2.1pp | 107.1%+4.0pp | 103.1%+3.8pp | |
| EBITDA margin | 122.8%-2.1pp | 124.9%+0.1pp | 124.8%+1.3pp | 123.5%+3.2pp | 120.3%+2.9pp | |
| Free cash flow margin | 112.7%+0.4pp | 112.3%-2.5pp | 114.8%+0.3pp | 114.5%-6.8pp | 121.3%-6.0pp | |
| Returns | ||||||
| Return on invested capital | 102.3%-8.0pp | 110.3%-14.7pp | 125%-12.3pp | 137.4%+7.6pp | 129.7%+7.7pp | |
| Efficiency | ||||||
| Asset turnover | 3.3×0.0× | 3.3×+0.1× | 3.2×+0.1× | 3.1×+0.1× | 3×+0.1× | |
| Inventory turnover | 12.2×-0.1× | 12.3×+0.3× | 12.1×+0.4× | 11.7×+0.5× | 11.2×+0.6× | |
| Liquidity | ||||||
| Current ratio | 10.9×-0.4× | 11.2×-0.1× | 11.4×+0.4× | 10.9×+0.8× | 10.1×+0.1× | |
| Quick ratio | 7.9×-0.5× | 8.4×-0.2× | 8.6×+0.3× | 8.2×+0.6× | 7.6×+0.1× | |
| Cash ratio | 3.1×-0.2× | 3.3×-0.1× | 3.5×+0.1× | 3.4×+0.2× | 3.2×-0.3× | |
| Leverage | ||||||
| Debt-to-equity | 2.5×0.0× | 2.5×+0.1× | 2.4×+0.2× | 2.2×0.0× | 2.2×-0.1× | |
| Debt-to-assets | 1.1×0.0× | 1.1×0.0× | 1.1×0.0× | 1.1×0.0× | 1.1×0.0× | |
| Net debt / EBITDA | 2.3×+0.2× | 2.2×+0.1× | 2.1×-0.1× | 2.2×-0.1× | 2.3×0.0× | |
| Interest coverage | 71.3×-0.3× | 71.6×+2.5× | 69.1×+4.2× | 65×+5.0× | 60×+4.8× | |
| Per Share | ||||||
| Book value per share | $90.78+0.6% | $90.20-2.8% | $92.77-4.2% | $96.83+3.2% | $93.83+3.5% | |
| Valuation | ||||||
| Market capitalization | $671.07B-4.6% | $703.56B+1.8% | $691.04B-1.5% | $701.31B-6.8% | $752.82B-2.5% | |
| Enterprise value | $702.84B-4.2% | $733.41B+2.0% | $719.14B-1.4% | $729.2B-6.6% | $780.48B-2.3% | |
| Price / sales | 15.2×-0.9× | 16.1×-0.1× | 16.2×-0.8× | 17×-2.0× | 19×-1.2× | |
| Price / book | 27.7×-1.1× | 28.8×+1.6× | 27.2×+1.2× | 26×-2.7× | 28.7×-1.6× | |
| EV / EBITDA | 51.7×-2.1× | 53.8×-0.3× | 54.1×-3.3× | 57.5×-8.6× | 66×-5.5× | |
| EV / sales | 15.9×-0.9× | 16.8×-0.1× | 16.9×-0.8× | 17.7×-2.0× | 19.7×-1.2× | |
| Free cash flow yield | 30.1%+2.2pp | 27.9%-0.4pp | 28.3%+1.3pp | 27%+1.1pp | 25.9%+0.4pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Qualcomm's profit margins?
- Qualcomm (QCOM) runs a 54.8% gross margin and a 25.5% operating margin, with a 26.8% net margin.
- Where do Qualcomm's ratios come from?
- Every ratio is computed from Qualcomm's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
