Ledger

QCOM

QCOM·Technology
www.qualcomm.com

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI).

$168.74
$0.17 (0.10%)Today
Open
$169.82
High
$170.63
Low
$167.04
Volume
8.5M
$121.9952-Week Range$259.92
Current: $168.74 · Mid Range
MARKET CAP
$180.2B
P/E (TTM)
19.3x
P/B RATIO
6.4x
ROE
33.8%
EPS (TTM) 4.0% Rev YoY
$8.76
DIVIDEND YIELD
2.18%
BETA
1.68
High volatility vs. market

Company Info

Industry
Semiconductors
Country
United States

Leadership

MC
Mr. Cristiano Renno Amon
Chief Executive Officer
Stock Score
Best Value
41/ 100
Val
49
Grw
30
Qly
44
Value 40%·Growth 35%·Quality 25%
Price History
$168.74 $8.50 (5.30%)
Overlays
Oscillators
Generating analysis...
01 / Income Statement

Income Statement

Revenue & Margin Trend

PeriodRevenueOpExEBITDANet IncomeEPS
2022$44.20B$9.71B$17.25B$12.94B$11.37
2023$35.82B$11.30B$9.95B$7.23B$6.42
2024$38.96B$11.65B$12.74B$10.14B$8.97
2025$44.28B$12.15B$14.93B$5.54B$5.01
02 / Balance Sheet

Balance Sheet

Cash & Equivalents
$5.52B
Total Debt
$14.81B

Assets Distribution

Current Assets
Non-Current Assets

Liabilities & Equity

Current Liabilities
Non-Current Liabilities
Equity
03 / Cash Flow

Cash Flow

Positive free cash flow of $12.8B — 91% of operating cash flow.
Operating CF
$14B
Free Cash Flow
$12.8B
Investing CF
-$800M
Financing CF
-$13.2B

Cash Flow Mix

Operating Cash$14B
Investing Cash-$800M
Financing Cash-$13.2B
Net Change$16M

FCF Generation

The company converts 91% of operating cash flow into free cash flow, providing ample flexibility for capital allocation.

CapEx Burden

Capital expenditures consume $800M of operating cash. Monitor for maintenance vs. growth CapEx split.

Is the cash flow sustainable?
Positive Free Cash Flow
The company has flexibility for dividends, buybacks, debt reduction, or reinvestment in growth opportunities.
04 / Financial Ratios

Financial Ratios

Profitability

Gross Margin
55.4%
Gross Profit / Revenue
Operating Margin
28.0%
Op. Income / Revenue
Net Margin
12.5%
Net Income / Revenue
ROIC
15.4%
Return on Invested Capital

Liquidity & Leverage

Current Ratio
2.82x
Current Assets / Current Liab.
Cash Ratio
0.60x
Cash / Current Liab.
Debt-to-Equity
0.70
Total Debt / Equity
Asset Turnover
0.88
Revenue / Total Assets

Returns

ROE
33.8%
Return on Equity
ROA
11.6%
Return on Assets
EPS (TTM)
$8.76
Earnings Per Share
06 / Historical Trends

Historical Trends

Revenue

+0.1% CAGR

Net Income

-24.6% CAGR

EPS

-23.9% CAGR
05 / Dividends

Dividends & Yield

Dividend Yield
2.18%
Annual
Annual Dividend
$3.68
Per Share
Payout Ratio
42.0%
Div / EPS
Est. Div Growth
Approx. YoY

Dividend Safety Assessment

The payout ratio of 42% suggests ample room for dividend growth and sustainability. The company retains over half of its earnings for reinvestment.

Recent Dividend Payments

DateAmount
2026-09-03$0.92
2026-06-04$0.92
2026-03-05$0.89
2025-12-04$0.89
2025-09-04$0.89
2025-06-05$0.89
2025-03-06$0.85
2024-12-05$0.85
2024-09-05$0.85
2024-05-30$0.85

Institutional Ownership

Moderate Institutional Support

Top 3 institutional holders control 20.7% of shares, providing a stable foundation of institutional capital.

Retail Influence

Lower institutional concentration means retail sentiment and broader market trends may drive price action more noticeably.

Top Institutional Holders

Blackrock Inc.9.06%
95.15M shares
Vanguard Capital Management LLC6.56%
68.84M shares
State Street Corporation5.03%
52.76M shares
Invesco Ltd.3.44%
36.1M shares
Vanguard Portfolio Management LLC3.22%
33.85M shares

Top ETFs Holding

VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund3.19%
33.46M shares
VANGUARD INDEX FUNDS-Vanguard 500 Index Fund2.60%
27.31M shares
SCHWAB STRATEGIC TRUST-Schwab US Dividend Equity ETF2.43%
25.48M shares
Invesco QQQ Trust, Series 12.08%
21.83M shares
VanEck ETF Trust-VanEck Semiconductor ETF1.57%
16.49M shares
07 / Market Events

Market Events

Upcoming Earnings

OCT
29THU
DateOct 29, 2026
DayThursday
Revenue Est.$10.1B
EPS Est.$2.15

Split Record

DateTypeRatio
2004-08-16Forward2:1
1999-12-31Forward4:1
1999-05-11Forward2:1
1994-02-24Forward2:1
08 / Market Intelligence

Market Intelligence

Analyst Consensus

Consensus (36 Ratings)
Hold
Strong Buy
2
Buy
9
Hold
22
Sell
1
Strong Sell
2
Recent Insider Trades
GRECH PATRICIA Y
Officer
Sale
625 shs
GRECH PATRICIA Y
Officer
Sale
1,274 shs
PALKHIWALA AKASH J
Chief Operating Officer
Sale
2,500 shs
ACE HEATHER S
Officer
Sale
3,200 shs
Price Targets
Upside to Mean+14.9%
$100$194$400
Low
$100.00
Mean
$193.90
Median
$175.00
High
$400.00

Earnings History

Beat Rate
3/4
Avg Surprise
+2.5%
PeriodEst. EPSAct. EPSSurprise
2025-09$2.88$3.00+4.3%
2025-12$3.40$3.50+2.9%
2026-03$2.56$2.65+3.3%
2026-06$2.22$2.21-0.5%