Which has the lower trailing P/E, AMAT or QCOM?

QCOM has the lower trailing P/E: AMAT trades at 39.35 and QCOM at 20.77. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AMAT or QCOM?

Over the past five years, AMAT grew revenue faster — AMAT at a 8.81% CAGR versus QCOM at 6.23%.

Does AMAT or QCOM pay a bigger dividend?

AMAT yields 0.54% and QCOM yields 2.05% based on trailing dividends and the latest price.

Is AMAT or QCOM more profitable?

AMAT runs the higher net margin — AMAT at 30.05% versus QCOM at 21.01%.

How have AMAT and QCOM total returns compared?

Over the past 10 years, AMAT delivered 33.13% and QCOM delivered 14.33% annualized total return. Past performance doesn't predict future results.

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

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 September 10, 2026. Differences are shown without an overall score or investment verdict.

AMAT

Applied Materials, Inc.

$362.43B

$456.49TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT

QCOM

QUALCOMM Incorporated

$191.07B

$181.97TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT

Total return — AMAT vs QCOM

growth of $100 · dividends reinvested · last 10y

AMAT +1591.3% (+32.7%/yr)QCOM +266.6% (+13.9%/yr)AMAT compounded faster over this window

AMAT QCOM

AMAT vs QCOM: by the numbers

•AMAT is the larger company ($362.43B vs $191.07B market cap).
•QCOM trades at the lower trailing earnings multiple (20.77 vs 39.35 P/E), one valuation lens rather than an overall verdict.
•AMAT converts more revenue to profit (30.05% vs 21.01% net margin).
•AMAT grew revenue faster over the past five years (8.81% vs 6.23% CAGR).
•QCOM pays the higher dividend yield (2.05% vs 0.54%).

Metrics side by side

Valuation

Metric	AMAT	QCOM
P/E ratio	39.35	20.77
Forward P/E	35.62	17.26
P/S ratio	11.75	4.34
P/B ratio	14.14	6.91
EV / EBITDA	36.53	17.11
FCF yield	1.55%	5.45%

Profitability

Metric	AMAT	QCOM
Gross margin	49.40%	54.23%
Operating margin	30.50%	23.19%
Net margin	30.05%	21.01%
ROE	36.16%	33.48%
ROIC	23.58%	17.42%

Dividends

Metric	AMAT	QCOM
Dividend yield	0.54%	2.05%
Payout ratio	21.03%	41.32%

Growth (annualized)

Metric	AMAT	QCOM
Revenue CAGR (5Y)	8.81%	6.23%
EPS CAGR (5Y)	17.13%	2.02%
FCF CAGR (5Y)	5.66%	2.09%
Total return CAGR (5Y)	28.17%	6.80%

Frequently asked

Which has the lower trailing P/E, AMAT or QCOM?: QCOM has the lower trailing P/E: AMAT trades at 39.35 and QCOM at 20.77. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMAT or QCOM?: Over the past five years, AMAT grew revenue faster — AMAT at a 8.81% CAGR versus QCOM at 6.23%.
Does AMAT or QCOM pay a bigger dividend?: AMAT yields 0.54% and QCOM yields 2.05% based on trailing dividends and the latest price.
Is AMAT or QCOM more profitable?: AMAT runs the higher net margin — AMAT at 30.05% versus QCOM at 21.01%.
How have AMAT and QCOM total returns compared?: Over the past 10 years, AMAT delivered 33.13% and QCOM delivered 14.33% annualized total return. 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 Dividend Yield Stocks Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin 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 September 10, 2026.