QUALCOMM Incorporated (QCOM) vs Texas Instruments Incorporated (TXN)

QCOM leads on 11 of 17 compared metrics.

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 June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — QCOM vs TXN

growth of $100 · last 30y
QCOM +6751.8%TXN +4434.9%QCOM compounded faster
02k4k6k8kStart $100200120062011201620212026$6,852$4,535
QCOM TXN

QCOM vs TXN: by the numbers

  • TXN is the larger company ($274.05B vs $223.15B market cap).
  • QCOM trades at the lower earnings multiple (22.72 vs 51.47 P/E).
  • TXN converts more revenue to profit (29.11% vs 22.31% net margin).
  • QCOM grew revenue faster over the past five years (8.63% vs 3.64% CAGR).
  • TXN pays the higher dividend yield (1.87% vs 1.70%).

Which is better, QCOM or TXN?

Metric tally: QCOM 11 · TXN 6

It depends on what you're optimizing for:

ValueQCOM(lower P/E)
GrowthQCOM(faster 5Y revenue CAGR)
IncomeTXN(higher dividend yield)
QualityTXN(higher ROIC)

Valuation

MetricQCOMTXN
P/E ratio22.7251.47
Forward P/E19.7233.83
P/S ratio5.1014.93
P/B ratio8.3216.40
PEG ratio3.967.87
EV / EBITDA17.1834.60
FCF yield5.51%1.35%

Profitability

MetricQCOMTXN
Gross margin54.80%57.32%
Operating margin25.52%35.29%
Net margin22.31%29.11%
ROE36.38%31.99%
ROIC13.15%16.46%

Dividends

MetricQCOMTXN
Dividend yield1.70%1.87%
Payout ratio70.95%103.12%

Growth (annualized)

MetricQCOMTXN
Revenue CAGR (5Y)8.63%3.64%
EPS CAGR (5Y)5.74%-2.07%
FCF CAGR (5Y)9.39%-10.12%
Total return CAGR (5Y)11.87%12.95%

Frequently asked

Which is better, QCOM or TXN?
It depends on your goal. value: QCOM (lower P/E); growth: QCOM (faster 5Y revenue CAGR); income: TXN (higher dividend yield); quality: TXN (higher ROIC). Across all compared metrics, QCOM leads 11 to 6.
Is QCOM or TXN cheaper?
On trailing earnings, QCOM is cheaper: QCOM trades at a 22.72 P/E and TXN at 51.47.
Which has grown faster, QCOM or TXN?
Over the past five years, QCOM grew revenue faster — QCOM at a 8.63% CAGR versus TXN at 3.64%.
Does QCOM or TXN pay a bigger dividend?
QCOM yields 1.70% and TXN yields 1.87% based on trailing dividends and the latest price.
Is QCOM or TXN more profitable?
TXN runs the higher net margin — QCOM at 22.31% versus TXN at 29.11%.
Which has been the better investment, QCOM or TXN?
Over the past 10-year, TXN delivered the higher annualized total return — QCOM at 17.83% versus TXN at 20.37%. 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 June 13, 2026.