QUALCOMM Incorporated (QCOM) vs Texas Instruments Incorporated (TXN)
A side-by-side comparison of QUALCOMM Incorporated and Texas Instruments Incorporated 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
TXN
Texas Instruments Incorporated
$268.70TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — QCOM vs TXN
growth of $100 · dividends reinvested · last 10yQCOM +266.6% (+13.9%/yr)TXN +394.6% (+17.3%/yr)TXN compounded faster over this window
QCOM TXN
QCOM vs TXN: by the numbers
- •TXN is the larger company ($245.39B vs $191.07B market cap).
- •QCOM trades at the lower trailing earnings multiple (20.77 vs 40.84 P/E), one valuation lens rather than an overall verdict.
- •TXN converts more revenue to profit (31.11% vs 21.01% net margin).
- •QCOM grew revenue faster over the past five years (6.23% vs 3.02% CAGR).
- •TXN pays the higher dividend yield (2.17% vs 2.05%).
Metrics side by side
Valuation
| Metric | QCOM | TXN |
|---|---|---|
| P/E ratio | 20.77 | 40.84 |
| Forward P/E | 17.26 | 31.57 |
| P/S ratio | 4.34 | 12.61 |
| P/B ratio | 6.91 | 13.63 |
| EV / EBITDA | 17.11 | 27.04 |
| FCF yield | 5.45% | 2.18% |
Profitability
| Metric | QCOM | TXN |
|---|---|---|
| Gross margin | 54.23% | 58.33% |
| Operating margin | 23.19% | 37.29% |
| Net margin | 21.01% | 31.11% |
| ROE | 33.48% | 33.61% |
| ROIC | 17.42% | 18.81% |
Dividends
| Metric | QCOM | TXN |
|---|---|---|
| Dividend yield | 2.05% | 2.17% |
| Payout ratio | 41.32% | 86.32% |
Growth (annualized)
| Metric | QCOM | TXN |
|---|---|---|
| Revenue CAGR (5Y) | 6.23% | 3.02% |
| EPS CAGR (5Y) | 2.02% | -2.07% |
| FCF CAGR (5Y) | 2.09% | -3.76% |
| Total return CAGR (5Y) | 6.80% | 9.83% |
Frequently asked
- Which has the lower trailing P/E, QCOM or TXN?
- QCOM has the lower trailing P/E: QCOM trades at 20.77 and TXN at 40.84. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, QCOM or TXN?
- Over the past five years, QCOM grew revenue faster — QCOM at a 6.23% CAGR versus TXN at 3.02%.
- Does QCOM or TXN pay a bigger dividend?
- QCOM yields 2.05% and TXN yields 2.17% based on trailing dividends and the latest price.
- Is QCOM or TXN more profitable?
- TXN runs the higher net margin — QCOM at 21.01% versus TXN at 31.11%.
- How have QCOM and TXN total returns compared?
- Over the past 10 years, QCOM delivered 14.33% and TXN delivered 17.83% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
QUALCOMM P/E ratioTexas Instruments P/E ratioQUALCOMM dividend yieldTexas Instruments dividend yieldQUALCOMM ROETexas Instruments ROEQUALCOMM operating marginTexas Instruments operating marginQUALCOMM revenue growthTexas Instruments revenue growthQUALCOMM free cash flowTexas Instruments free cash flow
QUALCOMM & Texas Instruments 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.