Last 47 quarters of trend data · Technology · Semiconductors
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 34.35 | 25.32 | 4.62 | 15.72 | — | 16.31 | 15.15 | 13.89 | 16.48 | 28.26 | 20.64 | 14.58 | 21.03 | 17.72 | 20.52 | 13.99 | 11.16 | 9.51 | 15.37 | 15.33 | 13.16 |
| — | +55.2% | -69.5% | +13.2% | — | -42.3% | -26.6% | -4.7% | -21.7% | +59.5% | +0.6% | +4.2% | +88.4% | +86.4% | +33.5% | -8.7% | -15.2% | -51.1% | -29.3% | -12.6% | +15.4% | |
| P/S Ratio | 4.08 | 5.09 | 3.21 | 3.85 | 4.15 | 4.20 | 3.88 | 3.78 | 4.69 | 6.41 | 5.12 | 4.07 | 3.62 | 3.77 | 3.78 | 3.31 | 2.80 | 3.24 | 4.03 | 4.87 | 3.95 |
| — | +21.1% | -17.1% | +1.8% | -11.6% | -34.5% | -24.2% | -7.1% | +29.6% | +70.1% | +35.5% | +22.9% | +29.1% | +16.3% | -6.4% | -32.0% | -29.0% | -33.7% | -16.4% | -6.7% | -2.4% | |
| P/B Ratio | 8.97 | 7.32 | 5.00 | 8.17 | 8.82 | 6.40 | 6.14 | 6.56 | 7.31 | 9.77 | 7.86 | 7.01 | 5.79 | 6.17 | 7.11 | 6.66 | 7.09 | 8.84 | 13.51 | 18.41 | 14.83 |
| — | +14.3% | -18.7% | +24.6% | +20.6% | -34.5% | -21.8% | -6.4% | +26.3% | +58.4% | +10.4% | +5.2% | -18.4% | -30.2% | -47.4% | -63.8% | -52.2% | -54.1% | -34.5% | -21.0% | -33.3% | |
| P/FCF | 14.10 | 102.25 | 17.78 | 10.68 | 13.02 | 16.88 | 18.19 | 10.23 | 20.09 | 22.61 | 14.26 | 14.78 | 8.23 | 13.56 | 34.89 | 11.62 | 39.34 | 15.15 | 20.40 | 35.40 | 57.01 |
| — | +505.9% | -2.3% | +4.3% | -35.2% | -25.4% | +27.6% | -30.8% | +144.2% | +66.8% | -59.1% | +27.2% | -79.1% | -10.5% | +71.0% | -67.2% | -31.0% | +10.2% | +29.4% | +122.7% | +135.2% | |
| EV / EBITDA | 13.56 | 26.36 | 13.42 | 13.05 | 14.86 | 13.58 | 13.47 | 11.42 | 16.53 | 23.47 | 18.03 | 12.56 | 17.70 | 14.86 | 14.90 | 12.00 | 8.49 | 7.88 | 11.00 | 12.75 | 11.78 |
| — | +94.1% | -0.4% | +14.3% | -10.1% | -42.1% | -25.3% | -9.1% | -6.6% | +57.9% | +21.0% | +4.7% | +108.5% | +88.6% | +35.5% | -5.9% | -27.9% | -50.6% | -31.0% | -18.4% | +23.9% | |
| EV / EBIT | 15.32 | 20.19 | 15.20 | 13.20 | 15.56 | 14.71 | 15.10 | 12.00 | 17.99 | 26.98 | 18.58 | 14.57 | 20.80 | 17.74 | 18.39 | 13.52 | 9.76 | 11.33 | 13.24 | 13.60 | 11.45 |
| — | +37.3% | +0.7% | +10.0% | -13.5% | -45.5% | -18.7% | -17.7% | -13.5% | +52.1% | +1.0% | +7.8% | +113.1% | +56.5% | +38.9% | -0.6% | -14.7% | -34.6% | -26.1% | -17.3% | +9.5% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 55.4% | 53.1% | 53.8% | 54.6% | 55.3% | 55.6% | 55.0% | 55.8% | 56.4% | 55.6% | 56.3% | 56.6% | 55.0% | 55.1% | 55.2% | 57.3% | 57.3% | 56.0% | 58.4% | 59.8% | 57.8% |
| — | -4.5% | -2.3% | -2.2% | -1.9% | -0.0% | -2.2% | -1.5% | +2.4% | +0.8% | +1.9% | -1.2% | -3.9% | -1.5% | -5.4% | -4.2% | -1.0% | -3.1% | +2.9% | +3.8% | -13.5% | |
| Operating Margin | 27.9% | 16.3% | 21.8% | 27.5% | 25.9% | 26.6% | 28.4% | 30.5% | 25.2% | 23.6% | 24.9% | 29.5% | 16.3% | 21.6% | 22.5% | 26.0% | 32.2% | 40.9% | 34.6% | 36.1% | 31.1% |
| — | -38.7% | -23.3% | -9.8% | +2.7% | +12.7% | +14.0% | +3.4% | +54.3% | +9.6% | +10.6% | +13.1% | -49.2% | -47.2% | -34.8% | -27.8% | +3.5% | +50.2% | +26.6% | +17.7% | -24.8% | |
| Net Margin | 12.5% | 20.1% | 69.5% | 24.5% | -27.7% | 25.7% | 25.6% | 27.3% | 28.5% | 22.7% | 24.8% | 27.9% | 17.3% | 21.3% | 18.4% | 23.6% | 25.2% | 34.1% | 26.3% | 31.8% | 30.0% |
| — | -21.8% | +171.5% | -10.0% | -197.0% | +13.5% | +3.4% | -2.2% | +65.1% | +6.2% | +34.8% | +17.9% | -31.5% | -37.4% | -30.1% | -25.6% | -15.9% | +35.6% | +18.4% | +6.5% | -15.5% |
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 23.3% | 7.3% | 29.3% | 13.6% | -12.9% | 9.7% | 10.3% | 12.0% | 11.5% | 8.7% | 9.8% | 12.4% | 7.1% | 8.9% | 8.9% | 12.1% | 16.9% | 25.4% | 23.8% | 31.9% | 30.9% |
| — | -24.9% | +184.2% | +13.4% | -212.3% | +12.0% | +5.2% | -3.5% | +62.5% | -3.0% | +10.6% | +2.1% | -58.2% | -64.8% | -62.8% | -62.0% | -45.4% | -2.3% | -0.0% | -12.5% | -51.1% | |
| ROA | 10.5% | 3.5% | 13.4% | 5.8% | -5.9% | 4.8% | 5.1% | 5.7% | 5.4% | 4.0% | 4.4% | 5.4% | 3.0% | 3.7% | 3.5% | 4.5% | 6.0% | 8.2% | 6.7% | 8.1% | 7.0% |
| — | -27.7% | +163.9% | +1.4% | -209.7% | +20.3% | +14.7% | +7.1% | +81.7% | +8.6% | +27.5% | +18.8% | -50.2% | -54.7% | -48.6% | -44.2% | -14.5% | +53.0% | +42.7% | +20.4% | -19.8% | |
| ROIC | 29.1% | 3.2% | 5.1% | 8.4% | 6.6% | 5.8% | 6.9% | 8.0% | 5.9% | 5.4% | 5.7% | 7.4% | 3.6% | 4.4% | 5.0% | 5.9% | 9.1% | 13.2% | 13.7% | 14.6% | 12.2% |
| — | -44.1% | -25.9% | +4.4% | +11.4% | +7.8% | +20.0% | +8.6% | +66.0% | +22.0% | +15.6% | +24.1% | -60.8% | -66.8% | -63.7% | -59.4% | -25.3% | +35.2% | +39.7% | +20.2% | -32.3% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.77 | 0.55 | 0.56 | 0.64 | 0.77 | 0.54 | 0.53 | 0.54 | 0.59 | 0.59 | 0.63 | 0.67 | 0.74 | 0.75 | 0.81 | 0.90 | 0.90 | 0.97 | 1.18 | 1.39 | 1.64 |
| — | +1.6% | +6.1% | +18.4% | +31.4% | -7.9% | -16.5% | -19.2% | -21.1% | -21.0% | -22.2% | -25.2% | -17.0% | -22.9% | -31.0% | -35.4% | -45.2% | -49.7% | -44.5% | -34.8% | -36.7% | |
| Debt / EBITDA | 1.17 | 7.55 | 5.61 | 3.94 | 4.98 | 4.38 | 4.43 | 3.65 | 5.11 | 5.51 | 5.62 | 4.60 | 8.58 | 6.71 | 6.24 | 5.89 | 3.89 | 3.17 | 3.66 | 3.69 | 4.90 |
| — | +72.6% | +26.5% | +7.9% | -2.6% | -20.6% | -21.1% | -20.6% | -40.5% | -17.8% | -10.0% | -22.0% | +120.7% | +111.9% | +70.7% | +59.8% | -20.6% | -47.7% | -40.6% | -32.2% | +18.1% | |
| Current Ratio | 2.82 | 2.02 | 2.37 | 2.51 | 2.82 | 3.19 | 2.73 | 2.62 | 2.40 | 2.39 | 2.65 | 2.56 | 2.33 | 2.42 | 2.42 | 2.09 | 1.75 | 1.61 | 1.61 | 1.65 | 1.68 |
| — | -36.9% | -13.4% | -4.3% | +17.3% | +33.4% | +3.1% | +2.4% | +3.0% | -1.1% | +9.3% | +22.1% | +33.6% | +50.6% | +50.7% | +27.0% | +4.0% | -6.5% | -20.3% | -23.2% | -21.3% | |
| Quick Ratio | 1.94 | 1.28 | 1.61 | 1.83 | 1.94 | 2.38 | 2.08 | 1.99 | 1.79 | 1.78 | 1.98 | 1.88 | 1.62 | 1.64 | 1.55 | 1.41 | 1.21 | 1.15 | 1.27 | 1.33 | 1.41 |
| — | -46.2% | -22.6% | -8.0% | +8.3% | +34.1% | +5.0% | +5.9% | +10.2% | +8.5% | +27.8% | +33.4% | +34.0% | +42.5% | +22.3% | +5.4% | -14.0% | -20.5% | -26.3% | -28.7% | -23.2% | |
| Interest Coverage | 20.07 | 14.83 | 14.05 | 21.99 | 18.48 | 18.57 | 18.05 | 23.30 | 15.42 | 13.67 | 15.52 | 16.29 | 9.21 | 11.22 | 11.59 | 14.95 | 24.93 | 48.76 | 25.99 | 28.81 | 24.80 |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
Bull/bear thesis, analyst target revisions, and earnings execution.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying QCOM stock.
QUALCOMM Incorporated's current P/E is 34.4x. The average P/E over the last 3 quarters is 15.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
QUALCOMM Incorporated's current operating margin is 27.9%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking QUALCOMM Incorporated's business trajectory between earnings reports.