Dell Technologies Inc. (DELL) vs QUALCOMM Incorporated (QCOM)

A side-by-side comparison of Dell Technologies Inc. and QUALCOMM Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnDELL vs QCOM

growth of $100 · dividends reinvested · last 10y
DELL +4137.9% (+45.5%/yr)QCOM +266.0% (+13.9%/yr)DELL compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $10020182020202220242026$4,238$366
DELL QCOM

DELL vs QCOM: by the numbers

  • DELL is the larger company ($376.72B vs $191.07B market cap).
  • QCOM trades at the lower trailing earnings multiple (20.77 vs 32.92 P/E), one valuation lens rather than an overall verdict.
  • QCOM converts more revenue to profit (21.01% vs 7.53% net margin).
  • DELL grew revenue faster over the past five years (9.42% vs 6.23% CAGR).
  • QCOM pays the higher dividend yield (2.05% vs 0.46%).

Metrics side by side

Valuation

MetricDELLQCOM
P/E ratio32.9220.77
Forward P/E21.9117.26
P/S ratio2.494.34
P/B ratioN/A6.91
EV / EBITDA24.0117.11
FCF yield2.27%5.45%

Profitability

MetricDELLQCOM
Gross margin19.80%54.23%
Operating margin9.49%23.19%
Net margin7.53%21.01%
ROEN/A33.48%
ROIC22.65%17.42%

Dividends

MetricDELLQCOM
Dividend yield0.46%2.05%
Payout ratio13.41%41.32%

Growth (annualized)

MetricDELLQCOM
Revenue CAGR (5Y)9.42%6.23%
EPS CAGR (5Y)15.44%2.02%
FCF CAGR (5Y)3.29%2.09%
Total return CAGR (5Y)63.15%6.80%

Frequently asked

Which has the lower trailing P/E, DELL or QCOM?
QCOM has the lower trailing P/E: DELL trades at 32.92 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, DELL or QCOM?
Over the past five years, DELL grew revenue faster — DELL at a 9.42% CAGR versus QCOM at 6.23%.
Does DELL or QCOM pay a bigger dividend?
DELL yields 0.46% and QCOM yields 2.05% based on trailing dividends and the latest price.
Is DELL or QCOM more profitable?
QCOM runs the higher net margin — DELL at 7.53% versus QCOM at 21.01%.
How have DELL and QCOM total returns compared?
Over the past 10 years, DELL delivered 44.78% and QCOM delivered 14.33% annualized total return. 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 September 11, 2026.