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

QCOM leads on 11 of 16 compared metrics.

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 July 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total returnDELL vs QCOM

growth of $100 · dividends reinvested · last 10y
DELL +3887.0%QCOM +255.2%DELL compounded faster
Log scale — wide-divergence pair
101001k10kStart $10020182020202220242026$3,987$355
DELL QCOM

DELL vs QCOM: by the numbers

  • DELL is the larger company ($290.48B vs $175.99B market cap).
  • QCOM trades at the lower earnings multiple (17.92 vs 34.73 P/E).
  • QCOM converts more revenue to profit (22.31% vs 6.28% net margin).
  • QCOM grew revenue faster over the past five years (8.63% vs 7.14% CAGR).
  • QCOM pays the higher dividend yield (2.15% vs 0.50%).

Which is better, DELL or QCOM?

Metric tally: DELL 5 · QCOM 11

It depends on what you're optimizing for:

ValueQCOM(lower P/E)
GrowthQCOM(faster 5Y revenue CAGR)
IncomeQCOM(higher dividend yield)
QualityDELL(higher ROIC)

Metrics side by side

Valuation

MetricDELLQCOM
P/E ratio34.7317.92
Forward P/E43.8615.50
P/S ratio2.144.02
P/B ratio6.56
PEG ratio0.343.12
EV / EBITDA22.2214.36
FCF yield3.29%6.98%

Profitability

MetricDELLQCOM
Gross margin19.07%54.80%
Operating margin8.02%25.52%
Net margin6.28%22.31%
ROE-240.32%36.38%
ROIC15.00%13.15%

Dividends

MetricDELLQCOM
Dividend yield0.50%2.15%
Payout ratio24.61%70.95%

Growth (annualized)

MetricDELLQCOM
Revenue CAGR (5Y)7.14%8.63%
EPS CAGR (5Y)15.44%5.74%
FCF CAGR (5Y)3.29%9.39%
Total return CAGR (5Y)57.95%5.13%

Frequently asked

Which is better, DELL or QCOM?
It depends on your goal. value: QCOM (lower P/E); growth: QCOM (faster 5Y revenue CAGR); income: QCOM (higher dividend yield); quality: DELL (higher ROIC). Across all compared metrics, QCOM leads 11 to 5.
Is DELL or QCOM cheaper?
On trailing earnings, QCOM is cheaper: DELL trades at a 34.73 P/E and QCOM at 17.92.
Which has grown faster, DELL or QCOM?
Over the past five years, QCOM grew revenue faster — DELL at a 7.14% CAGR versus QCOM at 8.63%.
Does DELL or QCOM pay a bigger dividend?
DELL yields 0.50% and QCOM yields 2.15% based on trailing dividends and the latest price.
Is DELL or QCOM more profitable?
QCOM runs the higher net margin — DELL at 6.28% versus QCOM at 22.31%.
Which has been the better investment, DELL or QCOM?
Over the past 5-year, DELL delivered the higher annualized total return — DELL at 57.95% versus QCOM at 13.61%. 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 July 24, 2026.