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Qualcomm QCOM Return on invested capital

Return on invested capital at other companies

Advanced Micro Devices logo
Advanced Micro DevicesAMD
7.3%+3.5pp
Skyworks Solutions logo
Skyworks SolutionsSWKS
5.4%-1.0pp
Intel logo
IntelINTC
-0.2%-0.1pp
Apple logo
AppleAAPL
94.3%+17.4pp
Cirrus Logic logo
Cirrus LogicCRUS
25.5%+5.3pp
Synaptics logo
SynapticsSYNA
-4%-1.0pp

Other financials

Income statement

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Revenue$9.9B-4.0%
Gross profit$5.3B-8.4%
Operating income$1.6B-41.1%
Net income$2.0B-24.9%
EPS (diluted)$1.87-23.0%

Balance sheet

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Cash & equivalents$4.5B-41.7%
Total debt$14.8B-0.1%
Total equity$27.7B+1.7%
Total assets$57.4B+4.6%

Cash flow

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Operating cash flow$991.0M-65.5%
CapEx$496.0M+68.7%
Free cash flow$495.0M-80.8%

Valuation

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Market cap$154.99B-2.6%
Enterprise value$165.23B-0.6%
P/E10.3×-7.5×
P/S3.5×-0.2×

Profitability

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Gross margin54.2%-1.5pp
Operating margin23.2%-4.6pp
Net margin26.8%+3.4pp
FCF margin23.6%-3.2pp

Returns & leverage

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Return on equity44.6%+6.2pp
Debt / equity0.5×0.0×
Current ratio-1.2×

Where this comes from

Calculated from Qualcomm’s reported figures.

Based on trailing twelve months.

The source filing: Qualcomm’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:02 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000804328-26-000086

FAQ

What is Qualcomm's return on invested capital?
Qualcomm (QCOM) reported return on invested capital of 23.4% in Q2 2026.
How has Qualcomm's return on invested capital changed year-over-year?
Qualcomm's return on invested capital decreased by 36.1% year-over-year, from 36.6% to 23.4%.
What is the long-term trend for Qualcomm's return on invested capital?
Over 4 years (2021 to 2025), Qualcomm's return on invested capital has grown at a -20.3% compound annual growth rate (CAGR), from 48.7% to 19.7%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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