QUALCOMM Incorporated (QCOM) vs Tower Semiconductor Ltd. (TSEM)

A side-by-side comparison of QUALCOMM Incorporated and Tower Semiconductor Ltd. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnQCOM vs TSEM

growth of $100 · dividends reinvested · last 10y
QCOM +266.6% (+13.9%/yr)TSEM +1334.2% (+30.5%/yr)TSEM compounded faster over this window
05001k2k2kStart $10020182020202220242026$367$1,434
QCOM TSEM

QCOM vs TSEM: by the numbers

  • QCOM is the larger company ($191.07B vs $23.86B market cap).
  • QCOM trades at the lower trailing earnings multiple (20.77 vs 83.60 P/E), one valuation lens rather than an overall verdict.
  • QCOM converts more revenue to profit (21.01% vs 16.94% net margin).
  • QCOM grew revenue faster over the past five years (6.23% vs 4.61% CAGR).
  • QCOM pays a dividend (2.05% yield), while TSEM is a former payer with no current dividend run rate.

Metrics side by side

Valuation

MetricQCOMTSEM
P/E ratio20.7783.60
Forward P/E17.2654.73
P/S ratio4.3413.96
P/B ratio6.917.73
EV / EBITDA17.1139.91
FCF yield5.45%1.28%

Profitability

MetricQCOMTSEM
Gross margin54.23%26.87%
Operating margin23.19%16.16%
Net margin21.01%16.94%
ROE33.48%9.38%
ROIC17.42%7.37%

Dividends

MetricQCOMTSEM
Dividend yield2.05%N/A
Payout ratio41.32%N/A

Growth (annualized)

MetricQCOMTSEM
Revenue CAGR (5Y)6.23%4.61%
EPS CAGR (5Y)2.02%20.30%
FCF CAGR (5Y)2.09%N/A
Total return CAGR (5Y)6.80%49.43%

Frequently asked

Which has the lower trailing P/E, QCOM or TSEM?
QCOM has the lower trailing P/E: QCOM trades at 20.77 and TSEM at 83.60. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, QCOM or TSEM?
Over the past five years, QCOM grew revenue faster — QCOM at a 6.23% CAGR versus TSEM at 4.61%.
Does QCOM or TSEM pay a bigger dividend?
QCOM pays a dividend (2.05% yield), while TSEM is a former payer with no current dividend run rate.
Is QCOM or TSEM more profitable?
QCOM runs the higher net margin — QCOM at 21.01% versus TSEM at 16.94%.
How have QCOM and TSEM total returns compared?
Over the past 10 years, QCOM delivered 14.33% and TSEM delivered 30.45% 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 10, 2026.