Is QCOM or TSM cheaper?

On trailing earnings, QCOM is cheaper: QCOM trades at a 22.72 P/E and TSM at 35.24.

Which has grown faster, QCOM or TSM?

Over the past five years, TSM grew revenue faster — QCOM at a 8.63% CAGR versus TSM at 22.49%.

Does QCOM or TSM pay a bigger dividend?

QCOM yields 1.70% and TSM yields 0.83% based on trailing dividends and the latest price.

Is QCOM or TSM more profitable?

TSM runs the higher net margin — QCOM at 22.31% versus TSM at 46.90%.

Which has been the better investment, QCOM or TSM?

Over the past 10-year, TSM delivered the higher annualized total return — QCOM at 17.83% versus TSM at 35.19%. Past performance doesn't predict future results.

QUALCOMM Incorporated (QCOM) vs Taiwan Semiconductor Manufacturing Company Limited (TSM)

TSM leads on 9 of 16 compared metrics, though QCOM is the cheaper stock.

A side-by-side comparison of QUALCOMM Incorporated and Taiwan Semiconductor Manufacturing Company Limited across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

QCOM

QUALCOMM Incorporated

$223.15B

$211.72Technology

TSM

Taiwan Semiconductor Manufacturing Company Limited

$2.20T

$423.93Technology

Total return — QCOM vs TSM

growth of $100 · last 29y

QCOM +5219.6%TSM +7621.9%TSM compounded faster

QCOM TSM

QCOM vs TSM: by the numbers

•TSM is the larger company ($2.20T vs $223.15B market cap).
•QCOM trades at the lower earnings multiple (22.72 vs 35.24 P/E).
•TSM converts more revenue to profit (46.90% vs 22.31% net margin).
•TSM grew revenue faster over the past five years (22.49% vs 8.63% CAGR).
•QCOM pays the higher dividend yield (1.70% vs 0.83%).

Which is better, QCOM or TSM?

Metric tally: QCOM 7 · TSM 9

It depends on what you're optimizing for:

ValueQCOM(lower P/E)

GrowthTSM(faster 5Y revenue CAGR)

IncomeQCOM(higher dividend yield)

QualityTSM(higher ROIC)

Valuation

Metric	QCOM	TSM
P/E ratio	22.72●	35.24
Forward P/E	19.72	—
P/S ratio	5.10●	16.45
P/B ratio	8.32●	11.92
PEG ratio	3.96	0.64●
EV / EBITDA	17.18●	20.78
FCF yield	5.51%●	1.62%

Profitability

Metric	QCOM	TSM
Gross margin	54.80%	61.78%●
Operating margin	25.52%	53.15%●
Net margin	22.31%	46.90%●
ROE	36.38%●	33.98%
ROIC	13.15%	25.10%●

Dividends

Metric	QCOM	TSM
Dividend yield	1.70%●	0.83%
Payout ratio	70.95%	33.09%

Growth (annualized)

Metric	QCOM	TSM
Revenue CAGR (5Y)	8.63%	22.49%●
EPS CAGR (5Y)	5.74%	25.67%●
FCF CAGR (5Y)	9.39%	30.09%●
Total return CAGR (5Y)	11.87%	30.87%●

Frequently asked

Which is better, QCOM or TSM?: It depends on your goal. value: QCOM (lower P/E); growth: TSM (faster 5Y revenue CAGR); income: QCOM (higher dividend yield); quality: TSM (higher ROIC). Across all compared metrics, TSM leads 9 to 7.
Is QCOM or TSM cheaper?: On trailing earnings, QCOM is cheaper: QCOM trades at a 22.72 P/E and TSM at 35.24.
Which has grown faster, QCOM or TSM?: Over the past five years, TSM grew revenue faster — QCOM at a 8.63% CAGR versus TSM at 22.49%.
Does QCOM or TSM pay a bigger dividend?: QCOM yields 1.70% and TSM yields 0.83% based on trailing dividends and the latest price.
Is QCOM or TSM more profitable?: TSM runs the higher net margin — QCOM at 22.31% versus TSM at 46.90%.
Which has been the better investment, QCOM or TSM?: Over the past 10-year, TSM delivered the higher annualized total return — QCOM at 17.83% versus TSM at 35.19%. Past performance doesn't predict future results.

Go deeper

Full QCOM analysis Full TSM analysis Interactive comparison tool

Dig into the metrics

QUALCOMM P/E ratio Taiwan Semiconductor Manufacturing P/E ratio QUALCOMM dividend yield Taiwan Semiconductor Manufacturing dividend yield QUALCOMM ROE Taiwan Semiconductor Manufacturing ROE QUALCOMM operating margin Taiwan Semiconductor Manufacturing operating margin QUALCOMM revenue growth Taiwan Semiconductor Manufacturing revenue growth QUALCOMM free cash flow Taiwan Semiconductor Manufacturing free cash flow

QUALCOMM & Taiwan Semiconductor Manufacturing appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin Stocks

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 13, 2026.