Philip Morris International Inc. (PM) vs QUALCOMM Incorporated (QCOM)

PM and QCOM are evenly matched — 8 metrics each of 16.

A side-by-side comparison of Philip Morris International Inc. and QUALCOMM Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 25, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total returnPM vs QCOM

growth of $100 · dividends reinvested · last 18y
PM +816.1%QCOM +557.6%PM compounded faster
200400600800Start $100201120142017202020232026$916$658
PM QCOM

PM vs QCOM: by the numbers

  • PM is the larger company ($300.80B vs $175.99B market cap).
  • QCOM trades at the lower earnings multiple (17.92 vs 27.73 P/E).
  • PM converts more revenue to profit (25.56% vs 22.31% net margin).
  • QCOM grew revenue faster over the past five years (8.63% vs 7.19% CAGR).
  • PM pays the higher dividend yield (3.05% vs 2.15%).

Which is better, PM or QCOM?

Metric tally: PM 8 · QCOM 8

It depends on what you're optimizing for:

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

Metrics side by side

Valuation

MetricPMQCOM
P/E ratio27.7317.92
Forward P/E23.0615.50
P/S ratio7.094.02
P/B ratio6.56
PEG ratio0.363.12
EV / EBITDA19.5914.36
FCF yield3.54%6.98%

Profitability

MetricPMQCOM
Gross margin67.51%54.80%
Operating margin37.75%25.52%
Net margin25.56%22.31%
ROE-113.55%36.38%
ROIC25.56%13.15%

Dividends

MetricPMQCOM
Dividend yield3.05%2.15%
Payout ratio80.88%70.95%

Growth (annualized)

MetricPMQCOM
Revenue CAGR (5Y)7.19%8.63%
EPS CAGR (5Y)7.10%5.74%
FCF CAGR (5Y)4.58%9.39%
Total return CAGR (5Y)19.92%5.13%

Frequently asked

Which is better, PM or QCOM?
It depends on your goal. value: QCOM (lower P/E); growth: QCOM (faster 5Y revenue CAGR); income: PM (higher dividend yield); quality: PM (higher ROIC). Across all compared metrics, they are evenly matched.
Is PM or QCOM cheaper?
On trailing earnings, QCOM is cheaper: PM trades at a 27.73 P/E and QCOM at 17.92.
Which has grown faster, PM or QCOM?
Over the past five years, QCOM grew revenue faster — PM at a 7.19% CAGR versus QCOM at 8.63%.
Does PM or QCOM pay a bigger dividend?
PM yields 3.05% and QCOM yields 2.15% based on trailing dividends and the latest price.
Is PM or QCOM more profitable?
PM runs the higher net margin — PM at 25.56% versus QCOM at 22.31%.
Which has been the better investment, PM or QCOM?
Over the past 10-year, QCOM delivered the higher annualized total return — PM at 12.25% 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 25, 2026.