Is ARM or QCOM cheaper?

On trailing earnings, QCOM is cheaper: ARM trades at a 453.35 P/E and QCOM at 22.72.

Which has grown faster, ARM or QCOM?

Over the past five years, ARM grew revenue faster — ARM at a 19.41% CAGR versus QCOM at 8.63%.

Does ARM or QCOM pay a bigger dividend?

QCOM pays a dividend (1.70% yield) while ARM does not currently pay one.

Is ARM or QCOM more profitable?

QCOM runs the higher net margin — ARM at 18.37% versus QCOM at 22.31%.

Arm Holdings plc American Depositary Shares (ARM) vs QUALCOMM Incorporated (QCOM)

QCOM leads on 12 of 15 compared metrics.

A side-by-side comparison of Arm Holdings plc American Depositary Shares and QUALCOMM Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

ARM

Arm Holdings plc American Depositary Shares

$405.18B

$380.81Technology

QCOM

QUALCOMM Incorporated

$223.15B

$211.72Technology

Total return — ARM vs QCOM

growth of $100 · last 3y

ARM +526.8%QCOM +87.1%ARM compounded faster

ARM QCOM

ARM vs QCOM: by the numbers

•ARM is the larger company ($405.18B vs $223.15B market cap).
•QCOM trades at the lower earnings multiple (22.72 vs 453.35 P/E).
•QCOM converts more revenue to profit (22.31% vs 18.37% net margin).
•ARM grew revenue faster over the past five years (19.41% vs 8.63% CAGR).
•QCOM pays a dividend (1.70% yield) while ARM does not currently pay one.

Which is better, ARM or QCOM?

Metric tally: ARM 3 · QCOM 12

It depends on what you're optimizing for:

ValueQCOM(lower P/E)

GrowthARM(faster 5Y revenue CAGR)

QualityQCOM(higher ROIC)

Metrics side by side

Valuation

Metric	ARM	QCOM
P/E ratio	453.35	22.72●
Forward P/E	126.31	19.72●
P/S ratio	82.66	5.10●
P/B ratio	49.08	8.32●
PEG ratio	13.32	3.96●
EV / EBITDA	287.63	16.71●
FCF yield	0.23%	5.51%●

Profitability

Metric	ARM	QCOM
Gross margin	94.63%●	54.80%
Operating margin	18.31%	25.52%●
Net margin	18.37%	22.31%●
ROE	10.91%	36.38%●
ROIC	7.31%	13.15%●

Dividends

Metric	ARM	QCOM
Dividend yield	—	1.70%
Payout ratio	—	70.95%

Growth (annualized)

Metric	ARM	QCOM
Revenue CAGR (5Y)	19.41%●	8.63%
EPS CAGR (5Y)	17.47%●	5.74%
FCF CAGR (5Y)	-1.73%	9.39%●
Total return CAGR (5Y)	—	11.87%

Frequently asked

Which is better, ARM or QCOM?: It depends on your goal. value: QCOM (lower P/E); growth: ARM (faster 5Y revenue CAGR); quality: QCOM (higher ROIC). Across all compared metrics, QCOM leads 12 to 3.
Is ARM or QCOM cheaper?: On trailing earnings, QCOM is cheaper: ARM trades at a 453.35 P/E and QCOM at 22.72.
Which has grown faster, ARM or QCOM?: Over the past five years, ARM grew revenue faster — ARM at a 19.41% CAGR versus QCOM at 8.63%.
Does ARM or QCOM pay a bigger dividend?: QCOM pays a dividend (1.70% yield) while ARM does not currently pay one.
Is ARM or QCOM more profitable?: QCOM runs the higher net margin — ARM at 18.37% versus QCOM at 22.31%.

Go deeper

Full ARM analysis Full QCOM analysis Interactive comparison tool

Dig into the metrics

Arm Holdings plc American Depositary Shares P/E ratio QUALCOMM P/E ratio Arm Holdings plc American Depositary Shares dividend yield QUALCOMM dividend yield Arm Holdings plc American Depositary Shares ROE QUALCOMM ROE Arm Holdings plc American Depositary Shares operating margin QUALCOMM operating margin Arm Holdings plc American Depositary Shares revenue growth QUALCOMM revenue growth Arm Holdings plc American Depositary Shares free cash flow QUALCOMM free cash flow

Arm Holdings plc American Depositary Shares & QUALCOMM appear in these rankings

Fastest Revenue Growth Stocks Highest ROE 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 14, 2026.