Is AMAT or QCOM cheaper?

On trailing earnings, QCOM is cheaper: AMAT trades at a 53.31 P/E and QCOM at 22.72.

Which has grown faster, AMAT or QCOM?

Over the past five years, AMAT grew revenue faster — AMAT at a 9.33% CAGR versus QCOM at 8.63%.

Does AMAT or QCOM pay a bigger dividend?

AMAT yields 0.34% and QCOM yields 1.70% based on trailing dividends and the latest price.

Is AMAT or QCOM more profitable?

AMAT runs the higher net margin — AMAT at 29.31% versus QCOM at 22.31%.

Which has been the better investment, AMAT or QCOM?

Over the past 10-year, AMAT delivered the higher annualized total return — AMAT at 38.64% versus QCOM at 17.83%. Past performance doesn't predict future results.

Applied Materials, Inc. (AMAT) vs QUALCOMM Incorporated (QCOM)

QCOM leads on 11 of 17 compared metrics.

A side-by-side comparison of Applied Materials, Inc. and QUALCOMM Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

AMAT

Applied Materials, Inc.

$450.37B

$567.25Technology

QCOM

QUALCOMM Incorporated

$223.15B

$211.72Technology

Total return — AMAT vs QCOM

growth of $100 · last 30y

AMAT +13247.1%QCOM +7150.7%AMAT compounded faster

AMAT QCOM

AMAT vs QCOM: by the numbers

•AMAT is the larger company ($450.37B vs $223.15B market cap).
•QCOM trades at the lower earnings multiple (22.72 vs 53.31 P/E).
•AMAT converts more revenue to profit (29.31% vs 22.31% net margin).
•AMAT grew revenue faster over the past five years (9.33% vs 8.63% CAGR).
•QCOM pays the higher dividend yield (1.70% vs 0.34%).

Which is better, AMAT or QCOM?

Metric tally: AMAT 6 · QCOM 11

It depends on what you're optimizing for:

ValueQCOM(lower P/E)

GrowthAMAT(faster 5Y revenue CAGR)

IncomeQCOM(higher dividend yield)

QualityAMAT(higher ROIC)

Metrics side by side

Valuation

Metric	AMAT	QCOM
P/E ratio	53.31	22.72●
Forward P/E	46.38	19.72●
P/S ratio	15.62	5.10●
P/B ratio	18.96	8.32●
PEG ratio	76.90	3.96●
EV / EBITDA	41.89	16.71●
FCF yield	1.32%	5.51%●

Profitability

Metric	AMAT	QCOM
Gross margin	48.96%	54.80%●
Operating margin	29.51%●	25.52%
Net margin	29.31%●	22.31%
ROE	35.58%	36.38%●
ROIC	21.96%●	13.15%

Dividends

Metric	AMAT	QCOM
Dividend yield	0.34%	1.70%●
Payout ratio	21.93%	70.95%

Growth (annualized)

Metric	AMAT	QCOM
Revenue CAGR (5Y)	9.33%●	8.63%
EPS CAGR (5Y)	17.13%●	5.74%
FCF CAGR (5Y)	9.02%	9.39%●
Total return CAGR (5Y)	34.01%●	11.87%

Frequently asked

Which is better, AMAT or QCOM?: It depends on your goal. value: QCOM (lower P/E); growth: AMAT (faster 5Y revenue CAGR); income: QCOM (higher dividend yield); quality: AMAT (higher ROIC). Across all compared metrics, QCOM leads 11 to 6.
Is AMAT or QCOM cheaper?: On trailing earnings, QCOM is cheaper: AMAT trades at a 53.31 P/E and QCOM at 22.72.
Which has grown faster, AMAT or QCOM?: Over the past five years, AMAT grew revenue faster — AMAT at a 9.33% CAGR versus QCOM at 8.63%.
Does AMAT or QCOM pay a bigger dividend?: AMAT yields 0.34% and QCOM yields 1.70% based on trailing dividends and the latest price.
Is AMAT or QCOM more profitable?: AMAT runs the higher net margin — AMAT at 29.31% versus QCOM at 22.31%.
Which has been the better investment, AMAT or QCOM?: Over the past 10-year, AMAT delivered the higher annualized total return — AMAT at 38.64% versus QCOM at 17.83%. Past performance doesn't predict future results.

Go deeper

Full AMAT analysis Full QCOM analysis Interactive comparison tool

Dig into the metrics

Applied Materials P/E ratio QUALCOMM P/E ratio Applied Materials dividend yield QUALCOMM dividend yield Applied Materials ROE QUALCOMM ROE Applied Materials operating margin QUALCOMM operating margin Applied Materials revenue growth QUALCOMM revenue growth Applied Materials free cash flow QUALCOMM free cash flow

Applied Materials & QUALCOMM appear in these rankings

Highest ROE Stocks Highest ROIC Stocks Highest FCF Yield Stocks Best 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 15, 2026.