QUALCOMM Incorporated
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
16.8414.78
Price/Sales ratio
4.133.88
Earnings per Share (EPS)
$9.26$10.55

Historical Multiples (2015 – 2024)

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
16.1216.2030.91-21.8321.0425.8616.6910.3917.0518.7117.2825.86
Price/Sales ratio
3.363.923.424.673.805.714.493.043.444.874.483.80
Price/Book Value ratio
2.702.902.47114.4518.8022.1215.177.465.717.226.6722.12
Price/Cash Flow ratio
15.4312.4916.2427.2612.6623.1214.3214.7810.9115.5514.3612.66
Price/Free Cash Flow ratio
18.8413.4719.0434.1414.4230.5117.4519.6712.5217.0015.6514.42
Price/Earnings Growth ratio
-0.510.91-0.540.07-0.100.970.220.23-0.380.460.81-0.10
Dividend Yield
3.38%3.23%4.26%3.26%3.21%2.14%1.99%2.38%2.80%1.94%2.13%2.14%
Profitability Indicator Ratios
Gross Profit Margin
58.94%58.60%56.07%54.93%64.57%60.66%57.51%57.83%55.69%56.21%56.21%60.66%
Operating Profit Margin
22.84%27.57%11.72%3.26%31.58%26.58%29.16%35.88%21.74%25.84%26.04%26.58%
Pretax Profit Margin
25.65%29.00%13.54%2.25%30.82%24.30%30.60%33.93%20.77%26.52%26.52%24.30%
Net Profit Margin
20.84%24.22%11.06%-21.39%18.06%22.09%26.94%29.26%20.18%26.03%26.03%18.06%
Effective Tax Rate
18.79%16.55%18.37%1048.14%41.37%9.11%11.98%13.41%1.39%2.18%2.18%9.11%
Return on Assets
10.37%10.89%3.76%-14.88%13.30%14.60%21.92%26.39%14.16%18.38%18.38%13.30%
Return On Equity
16.77%17.95%8.02%-524.13%89.34%85.53%90.88%71.81%33.51%38.60%41.19%85.53%
Return on Capital Employed
12.92%14.41%4.78%3.45%31.91%23.23%33.42%42.69%18.80%22.55%22.72%23.23%
Liquidity Ratios
Current Ratio
3.623.143.991.541.872.13N/AN/AN/AN/A2.401.87
Quick Ratio
3.372.933.811.391.711.831.401.211.661.791.791.71
Cash ratio
1.230.813.211.041.320.770.590.230.870.740.740.77
Days of Sales Outstanding
28.3534.3859.4746.6237.1562.0938.9146.5932.4336.8036.8062.09
Days of Inventory outstanding
52.4758.2575.8560.3259.42102.4682.61124.19147.71137.42137.4259.42
Operating Cycle
80.8392.64135.32106.9596.58164.55121.53170.79180.14174.22174.2396.58
Days of Payables Outstanding
45.7269.5673.4665.0258.0688.6570.3774.3543.9755.2855.2888.65
Cash Conversion Cycle
35.1023.0761.8541.9238.5175.8951.1596.44136.16118.94118.9438.51
Debt Ratios
Debt Ratio
0.210.220.330.500.480.440.380.310.300.260.260.44
Debt Equity Ratio
0.340.360.7117.643.242.581.580.850.710.550.552.58
Long-term Debt to Capitalization
0.240.230.380.940.730.710.570.420.400.330.330.71
Total Debt to Capitalization
0.250.270.410.940.760.720.610.460.410.350.350.72
Interest Coverage Ratio
53.8021.264.860.9612.0110.39N/AN/AN/AN/A14.5312.01
Cash Flow to Debt Ratio
0.500.620.210.230.450.360.660.580.730.830.830.45
Company Equity Multiplier
1.611.642.1235.226.715.854.142.722.362.092.095.85
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.210.310.210.170.300.240.310.200.310.310.310.30
Free Cash Flow / Operating Cash Flow Ratio
0.810.920.850.790.870.750.820.750.870.910.910.87
Cash Flow Coverage Ratio
0.500.620.210.230.450.360.660.580.730.830.830.45
Short Term Coverage Ratio
5.504.231.883.872.9111.625.154.6712.368.948.942.91
Dividend Payout Ratio
54.63%52.41%131.87%-71.25%67.66%55.44%33.26%24.82%47.87%36.35%36.35%55.44%