Is ELV or QCOM cheaper?

On trailing earnings, ELV is cheaper: ELV trades at a 17.19 P/E and QCOM at 22.72.

Which has grown faster, ELV or QCOM?

Over the past five years, ELV grew revenue faster — ELV at a 9.97% CAGR versus QCOM at 8.63%.

Does ELV or QCOM pay a bigger dividend?

ELV yields 1.70% and QCOM yields 1.70% based on trailing dividends and the latest price.

Is ELV or QCOM more profitable?

QCOM runs the higher net margin — ELV at 2.62% versus QCOM at 22.31%.

Which has been the better investment, ELV or QCOM?

Over the past 10-year, QCOM delivered the higher annualized total return — ELV at 13.43% versus QCOM at 17.83%. Past performance doesn't predict future results.

Elevance Health Inc. (ELV) vs QUALCOMM Incorporated (QCOM)

ELV leads on 9 of 16 compared metrics.

A side-by-side comparison of Elevance Health Inc. 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).

QUALCOMM Incorporated

$223.15B

$211.72Technology

Total return — ELV vs QCOM

growth of $100 · last 25y

ELV +1875.9%QCOM +769.5%ELV compounded faster

ELV QCOM

ELV vs QCOM: by the numbers

•QCOM is the larger company ($223.15B vs $87.75B market cap).
•ELV trades at the lower earnings multiple (17.19 vs 22.72 P/E).
•QCOM converts more revenue to profit (22.31% vs 2.62% net margin).
•ELV grew revenue faster over the past five years (9.97% vs 8.63% CAGR).
•QCOM pays the higher dividend yield (1.70% vs 1.70%).

Which is better, ELV or QCOM?

Metric tally: ELV 9 · QCOM 7

It depends on what you're optimizing for:

ValueELV(lower P/E)

GrowthELV(faster 5Y revenue CAGR)

QualityQCOM(higher ROIC)

Metrics side by side

Valuation

Metric	ELV	QCOM
P/E ratio	17.19●	22.72
Forward P/E	13.82●	19.72
P/S ratio	0.44●	5.10
P/B ratio	2.03●	8.32
PEG ratio	2.58●	3.96
EV / EBITDA	12.48●	16.71
FCF yield	7.24%●	5.51%

Profitability

Metric	ELV	QCOM
Gross margin	23.16%	54.80%●
Operating margin	3.81%	25.52%●
Net margin	2.62%	22.31%●
ROE	11.94%	36.38%●
ROIC	6.65%	13.15%●

Dividends

Metric	ELV	QCOM
Dividend yield	1.70%	1.70%
Payout ratio	27.24%	70.95%

Growth (annualized)

Metric	ELV	QCOM
Revenue CAGR (5Y)	9.97%●	8.63%
EPS CAGR (5Y)	6.67%●	5.74%
FCF CAGR (5Y)	-7.76%	9.39%●
Total return CAGR (5Y)	2.50%	11.87%●

Frequently asked

Which is better, ELV or QCOM?: It depends on your goal. value: ELV (lower P/E); growth: ELV (faster 5Y revenue CAGR); quality: QCOM (higher ROIC). Across all compared metrics, ELV leads 9 to 7.
Is ELV or QCOM cheaper?: On trailing earnings, ELV is cheaper: ELV trades at a 17.19 P/E and QCOM at 22.72.
Which has grown faster, ELV or QCOM?: Over the past five years, ELV grew revenue faster — ELV at a 9.97% CAGR versus QCOM at 8.63%.
Does ELV or QCOM pay a bigger dividend?: ELV yields 1.70% and QCOM yields 1.70% based on trailing dividends and the latest price.
Is ELV or QCOM more profitable?: QCOM runs the higher net margin — ELV at 2.62% versus QCOM at 22.31%.
Which has been the better investment, ELV or QCOM?: Over the past 10-year, QCOM delivered the higher annualized total return — ELV at 13.43% versus QCOM at 17.83%. Past performance doesn't predict future results.

Go deeper

Full ELV analysis Full QCOM analysis Interactive comparison tool

Dig into the metrics

Elevance Health P/E ratio QUALCOMM P/E ratio Elevance Health dividend yield QUALCOMM dividend yield Elevance Health ROE QUALCOMM ROE Elevance Health operating margin QUALCOMM operating margin Elevance Health revenue growth QUALCOMM revenue growth Elevance Health free cash flow QUALCOMM free cash flow

Elevance Health & QUALCOMM appear in these rankings

Highest ROE Stocks Highest FCF Yield Stocks Best 10-Year Total Return Stocks Largest Companies by Market Cap

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.