QUALCOMM Incorporated (QCOM) vs Taiwan Semiconductor Manufacturing Company Limited (TSM)
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 September 10, 2026. Differences are shown without an overall score or investment verdict.
QCOM
QUALCOMM Incorporated
$181.97TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
TSM
Taiwan Semiconductor Manufacturing Company Limited
$433.24TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — QCOM vs TSM
growth of $100 · dividends reinvested · last 10yQCOM +266.6% (+13.9%/yr)TSM +1668.7% (+33.3%/yr)TSM compounded faster over this window
QCOM TSM
QCOM vs TSM: by the numbers
- •TSM is the larger company ($2.25T vs $191.07B market cap).
- •QCOM trades at the lower trailing earnings multiple (20.77 vs 31.37 P/E), one valuation lens rather than an overall verdict.
- •TSM converts more revenue to profit (50.32% vs 21.01% net margin).
- •TSM grew revenue faster over the past five years (22.50% vs 6.23% CAGR).
- •QCOM pays the higher dividend yield (2.05% vs 0.82%).
Metrics side by side
Valuation
| Metric | QCOM | TSM |
|---|---|---|
| P/E ratio | 20.77 | 31.37 |
| Forward P/E | 17.26 | N/A |
| P/S ratio | 4.34 | 15.88 |
| P/B ratio | 6.91 | 11.14 |
| EV / EBITDA | 17.11 | 21.58 |
| FCF yield | 5.45% | 1.68% |
Profitability
| Metric | QCOM | TSM |
|---|---|---|
| Gross margin | 54.23% | 64.17% |
| Operating margin | 23.19% | 55.97% |
| Net margin | 21.01% | 50.32% |
| ROE | 33.48% | 35.29% |
| ROIC | 17.42% | 27.56% |
Dividends
| Metric | QCOM | TSM |
|---|---|---|
| Dividend yield | 2.05% | 0.82% |
| Payout ratio | 41.32% | 25.31% |
Growth (annualized)
| Metric | QCOM | TSM |
|---|---|---|
| Revenue CAGR (5Y) | 6.23% | 22.50% |
| EPS CAGR (5Y) | 2.02% | 25.67% |
| FCF CAGR (5Y) | 2.09% | 33.46% |
| Total return CAGR (5Y) | 6.80% | 30.04% |
Frequently asked
- Which has the lower trailing P/E, QCOM or TSM?
- QCOM has the lower trailing P/E: QCOM trades at 20.77 and TSM at 31.37. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, QCOM or TSM?
- Over the past five years, TSM grew revenue faster — QCOM at a 6.23% CAGR versus TSM at 22.50%.
- Does QCOM or TSM pay a bigger dividend?
- QCOM yields 2.05% and TSM yields 0.82% based on trailing dividends and the latest price.
- Is QCOM or TSM more profitable?
- TSM runs the higher net margin — QCOM at 21.01% versus TSM at 50.32%.
- How have QCOM and TSM total returns compared?
- Over the past 10 years, QCOM delivered 14.33% and TSM delivered 33.49% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
QUALCOMM P/E ratioTaiwan Semiconductor Manufacturing P/E ratioQUALCOMM dividend yieldTaiwan Semiconductor Manufacturing dividend yieldQUALCOMM ROETaiwan Semiconductor Manufacturing ROEQUALCOMM operating marginTaiwan Semiconductor Manufacturing operating marginQUALCOMM revenue growthTaiwan Semiconductor Manufacturing revenue growthQUALCOMM free cash flowTaiwan Semiconductor Manufacturing free cash flow
QUALCOMM & Taiwan Semiconductor Manufacturing appear in these rankings
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.