Qualcomm QCOM Ratios & Valuation
| TTM Q2 '26 | TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 221%-2.8pp | 221.9%-2.0pp | 222.8%-0.7pp | 223.6%+0.6pp | 223.8%+0.4pp | |
| Operating margin | 108.3%+5.2pp | 109.9%+10.6pp | 109.1%+13.4pp | 107.1%+15.4pp | 103.1%+9.2pp | |
| EBITDA margin | 122.8%+2.5pp | 124.9%+7.5pp | 124.8%+10.0pp | 123.5%+12.2pp | 120.3%+6.6pp | |
| Free cash flow margin | 112.7%-8.5pp | 112.3%-14.9pp | 114.8%-8.4pp | 114.5%-7.5pp | 121.3%+15.1pp | |
| Returns | ||||||
| Return on invested capital | 102.3%-27.5pp | 110.3%-11.8pp | 125%+10.5pp | 137.4%+29.3pp | 129.7%+19.8pp | |
| Efficiency | ||||||
| Asset turnover | 3.3×+0.3× | 3.3×+0.3× | 3.2×+0.3× | 3.1×+0.2× | 3×+0.1× | |
| Inventory turnover | 12.2×+1.1× | 12.3×+1.7× | 12.1×+1.9× | 11.7×+1.6× | 11.2×+0.9× | |
| Liquidity | ||||||
| Current ratio | 10.9×+0.7× | 11.2×+1.2× | 11.4×+1.4× | 10.9×+1.0× | 10.1×+0.2× | |
| Quick ratio | 7.9×+0.3× | 8.4×+0.9× | 8.6×+1.1× | 8.2×+0.9× | 7.6×+0.5× | |
| Cash ratio | 3.1×0.0× | 3.3×-0.1× | 3.5×0.0× | 3.4×-0.2× | 3.2×-0.3× | |
| Leverage | ||||||
| Debt-to-equity | 2.5×+0.2× | 2.5×+0.1× | 2.4×-0.1× | 2.2×-0.4× | 2.2×-0.5× | |
| Debt-to-assets | 1.1×0.0× | 1.1×0.0× | 1.1×0.0× | 1.1×-0.1× | 1.1×-0.1× | |
| Net debt / EBITDA | 2.3×0.0× | 2.2×-0.2× | 2.1×-0.5× | 2.2×-0.6× | 2.3×-0.6× | |
| Interest coverage | 71.3×+11.3× | 71.6×+16.4× | 69.1×+17.8× | 65×+16.9× | 60×+9.7× | |
| Per Share | ||||||
| Book value per share | $90.78-3.3% | $90.20-0.5% | $92.77+6.5% | $96.83+16.6% | $93.83+17.8% | |
| Valuation | ||||||
| Market capitalization | $671.07B-10.9% | $703.56B-8.9% | $691.04B-9.4% | $701.31B+0.6% | $752.82B+23.9% | |
| Enterprise value | $702.84B-9.9% | $733.41B-8.2% | $719.14B-9.1% | $729.2B+0.6% | $780.48B+22.4% | |
| Price / sales | 15.2×-3.9× | 16.1×-4.1× | 16.2×-4.3× | 17×-2.0× | 19×+2.5× | |
| Price / book | 27.7×-1.0× | 28.8×-1.5× | 27.2×-3.8× | 26×-3.5× | 28.7×+1.8× | |
| EV / EBITDA | 51.7×-14.4× | 53.8×-17.8× | 54.1×-19.9× | 57.5×-13.5× | 66×+4.7× | |
| EV / sales | 15.9×-3.8× | 16.8×-4.1× | 16.9×-4.3× | 17.7×-2.1× | 19.7×+2.4× | |
| Free cash flow yield | 30.1%+4.2pp | 27.9%+2.4pp | 28.3%+4.2pp | 27%+0.8pp | 25.9%+0.2pp |
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.
