QUALCOMM Incorporated (QCOM) vs UnitedHealth Group Incorporated (UNH)
A side-by-side comparison of QUALCOMM Incorporated and UnitedHealth Group 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.
Different business models: QCOM is classified in Technology; UNH is classified in Healthcare. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
QCOM
QUALCOMM Incorporated
$181.97TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
UNH
UnitedHealth Group Incorporated
$379.09HealthcareDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — QCOM vs UNH
growth of $100 · dividends reinvested · last 10yQCOM +266.6% (+13.9%/yr)UNH +241.7% (+13.1%/yr)QCOM compounded faster over this window
QCOM UNH
QCOM vs UNH: by the numbers
- •UNH is the larger company ($344.27B vs $191.07B market cap).
- •QCOM trades at the lower trailing earnings multiple (20.77 vs 24.38 P/E), one valuation lens rather than an overall verdict.
- •QCOM converts more revenue to profit (21.01% vs 3.14% net margin).
- •UNH grew revenue faster over the past five years (10.59% vs 6.23% CAGR).
- •UNH pays the higher dividend yield (2.28% vs 2.05%).
Metrics side by side
Valuation
| Metric | QCOM | UNH |
|---|---|---|
| P/E ratio | 20.77 | 24.38 |
| Forward P/E | 17.26 | 19.18 |
| P/S ratio | 4.34 | 0.76 |
| P/B ratio | 6.91 | 3.50 |
| EV / EBITDA | 17.11 | 14.98 |
| FCF yield | 5.45% | 6.86% |
Profitability
| Metric | QCOM | UNH |
|---|---|---|
| Gross margin | 54.23% | 22.49% |
| Operating margin | 23.19% | 4.82% |
| Net margin | 21.01% | 3.14% |
| ROE | 33.48% | 14.34% |
| ROIC | 17.42% | 9.19% |
Dividends
| Metric | QCOM | UNH |
|---|---|---|
| Dividend yield | 2.05% | 2.28% |
| Payout ratio | 41.32% | 57.55% |
Growth (annualized)
| Metric | QCOM | UNH |
|---|---|---|
| Revenue CAGR (5Y) | 6.23% | 10.59% |
| EPS CAGR (5Y) | 2.02% | -4.06% |
| FCF CAGR (5Y) | 2.09% | -4.39% |
| Total return CAGR (5Y) | 6.80% | 0.70% |
Frequently asked
- Which has the lower trailing P/E, QCOM or UNH?
- QCOM has the lower trailing P/E: QCOM trades at 20.77 and UNH at 24.38. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, QCOM or UNH?
- Over the past five years, UNH grew revenue faster — QCOM at a 6.23% CAGR versus UNH at 10.59%.
- Does QCOM or UNH pay a bigger dividend?
- QCOM yields 2.05% and UNH yields 2.28% based on trailing dividends and the latest price.
- Is QCOM or UNH more profitable?
- QCOM runs the higher net margin — QCOM at 21.01% versus UNH at 3.14%.
- How have QCOM and UNH total returns compared?
- Over the past 10 years, QCOM delivered 14.33% and UNH delivered 13.19% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
QUALCOMM P/E ratioUnitedHealth P/E ratioQUALCOMM dividend yieldUnitedHealth dividend yieldQUALCOMM ROEUnitedHealth ROEQUALCOMM operating marginUnitedHealth operating marginQUALCOMM revenue growthUnitedHealth revenue growthQUALCOMM free cash flowUnitedHealth free cash flow
QUALCOMM & UnitedHealth appear in these rankings
Highest Dividend Yield StocksHighest ROE StocksHighest FCF Yield StocksHighest 10-Year Total Return Stocks
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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.