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.

Compare

Total returnQCOM vs TXN

growth of $100 · dividends reinvested · last 10y
QCOM +266.6% (+13.9%/yr)TXN +394.6% (+17.3%/yr)TXN compounded faster over this window
100200300400500600Start $10020182020202220242026$367$495
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

MetricQCOMTXN
P/E ratio20.7740.84
Forward P/E17.2631.57
P/S ratio4.3412.61
P/B ratio6.9113.63
EV / EBITDA17.1127.04
FCF yield5.45%2.18%

Profitability

MetricQCOMTXN
Gross margin54.23%58.33%
Operating margin23.19%37.29%
Net margin21.01%31.11%
ROE33.48%33.61%
ROIC17.42%18.81%

Dividends

MetricQCOMTXN
Dividend yield2.05%2.17%
Payout ratio41.32%86.32%

Growth (annualized)

MetricQCOMTXN
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.

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.