Chevron Corporation (CVX) vs QUALCOMM Incorporated (QCOM)

CVX leads on 10 of 17 compared metrics, though QCOM is the cheaper stock.

A side-by-side comparison of Chevron Corporation 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).

Compare

Total return — CVX vs QCOM

growth of $100 · last 30y
CVX +524.1%QCOM +7150.7%QCOM compounded faster
Log scale — wide-divergence pair
101001k10kStart $100200120062011201620212026$624$7,251
CVX QCOM

CVX vs QCOM: by the numbers

  • CVX is the larger company ($372.87B vs $223.15B market cap).
  • QCOM trades at the lower earnings multiple (22.72 vs 32.45 P/E).
  • QCOM converts more revenue to profit (22.31% vs 5.92% net margin).
  • CVX grew revenue faster over the past five years (14.17% vs 8.63% CAGR).
  • CVX pays the higher dividend yield (3.73% vs 1.70%).

Which is better, CVX or QCOM?

Metric tally: CVX 10 · QCOM 7

It depends on what you're optimizing for:

ValueQCOM(lower P/E)
GrowthCVX(faster 5Y revenue CAGR)
IncomeCVX(higher dividend yield)
QualityQCOM(higher ROIC)

Metrics side by side

Valuation

MetricCVXQCOM
P/E ratio32.4522.72
Forward P/E15.2019.72
P/S ratio2.005.10
P/B ratio2.028.32
PEG ratio1.183.96
EV / EBITDA9.9316.71
FCF yield3.60%5.51%

Profitability

MetricCVXQCOM
Gross margin25.43%54.80%
Operating margin8.40%25.52%
Net margin5.92%22.31%
ROE5.99%36.38%
ROIC3.59%13.15%

Dividends

MetricCVXQCOM
Dividend yield3.73%1.70%
Payout ratio104.96%70.95%

Growth (annualized)

MetricCVXQCOM
Revenue CAGR (5Y)14.17%8.63%
EPS CAGR (5Y)27.46%5.74%
FCF CAGR (5Y)39.67%9.39%
Total return CAGR (5Y)16.33%11.87%

Frequently asked

Which is better, CVX or QCOM?
It depends on your goal. value: QCOM (lower P/E); growth: CVX (faster 5Y revenue CAGR); income: CVX (higher dividend yield); quality: QCOM (higher ROIC). Across all compared metrics, CVX leads 10 to 7.
Is CVX or QCOM cheaper?
On trailing earnings, QCOM is cheaper: CVX trades at a 32.45 P/E and QCOM at 22.72.
Which has grown faster, CVX or QCOM?
Over the past five years, CVX grew revenue faster — CVX at a 14.17% CAGR versus QCOM at 8.63%.
Does CVX or QCOM pay a bigger dividend?
CVX yields 3.73% and QCOM yields 1.70% based on trailing dividends and the latest price.
Is CVX or QCOM more profitable?
QCOM runs the higher net margin — CVX at 5.92% versus QCOM at 22.31%.
Which has been the better investment, CVX or QCOM?
Over the past 10-year, QCOM delivered the higher annualized total return — CVX at 10.86% versus QCOM at 17.83%. Past performance doesn't predict future results.

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.