QUALCOMM Incorporated (QCOM) vs Walmart Inc. (WMT)

A side-by-side comparison of QUALCOMM Incorporated and Walmart Inc. 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
Different business models: QCOM is classified in Technology; WMT is classified in Consumer Defensive. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnQCOM vs WMT

growth of $100 · dividends reinvested · last 10y
QCOM +266.6% (+13.9%/yr)WMT +420.6% (+17.9%/yr)WMT compounded faster over this window
200400600Start $10020182020202220242026$367$521
QCOM WMT

QCOM vs WMT: by the numbers

  • WMT is the larger company ($852.71B vs $191.07B market cap).
  • QCOM trades at the lower trailing earnings multiple (20.77 vs 38.68 P/E), one valuation lens rather than an overall verdict.
  • QCOM converts more revenue to profit (21.01% vs 3.00% net margin).
  • QCOM grew revenue faster over the past five years (6.23% vs 5.38% CAGR).
  • QCOM pays the higher dividend yield (2.05% vs 0.92%).

Metrics side by side

Valuation

MetricQCOMWMT
P/E ratio20.7738.68
Forward P/E17.2637.07
P/S ratio4.341.16
P/B ratio6.918.68
EV / EBITDA17.1119.31
FCF yield5.45%1.58%

Profitability

MetricQCOMWMT
Gross margin54.23%25.23%
Operating margin23.19%4.39%
Net margin21.01%3.00%
ROE33.48%22.47%
ROIC17.42%12.89%

Dividends

MetricQCOMWMT
Dividend yield2.05%0.92%
Payout ratio41.32%35.29%

Growth (annualized)

MetricQCOMWMT
Revenue CAGR (5Y)6.23%5.38%
EPS CAGR (5Y)2.02%10.95%
FCF CAGR (5Y)2.09%-5.40%
Total return CAGR (5Y)6.80%18.21%

Frequently asked

Which has the lower trailing P/E, QCOM or WMT?
QCOM has the lower trailing P/E: QCOM trades at 20.77 and WMT at 38.68. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, QCOM or WMT?
Over the past five years, QCOM grew revenue faster — QCOM at a 6.23% CAGR versus WMT at 5.38%.
Does QCOM or WMT pay a bigger dividend?
QCOM yields 2.05% and WMT yields 0.92% based on trailing dividends and the latest price.
Is QCOM or WMT more profitable?
QCOM runs the higher net margin — QCOM at 21.01% versus WMT at 3.00%.
How have QCOM and WMT total returns compared?
Over the past 10 years, QCOM delivered 14.33% and WMT delivered 18.23% 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.