About QUALCOMM Incorporated
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry in China, the United States, South Korea, and internationally. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software with connectivity and computing technologies for use in mobile devices; automotive systems for connectivity, digital cockpit, and ADAS/AD; and IoT, including personal AI and compute devices and industrial, networking, and robotics products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing LTE, and/or OFDMA-based 5G products and derivatives; and grants licenses to use cellular standard-essential patents, including 3G, 4G and 5G for cellular devices. The QSI segment invests in early-stage companies in various industries, including AI, automotive, consumer, enterprise, IoT, and data center, as well as non-marketable and marketable equity securities, and convertible debt instruments. It is also involved in Qualcomm government technologies and data center businesses; and modular businesses that provides software platforms, tools, and cloud-based services that enable developers and enterprises to build, deploy, and scale AI applications across heterogeneous computing environments. QUALCOMM Incorporated was incorporated in 1985 and is headquartered in San Diego, California.
QUALCOMM Incorporated (QCOM) is a Technology company in the Semiconductors industry with a market capitalisation of $184.8B. The stock trades at 13.60x trailing earnings and yields 2.08%.
- Sector
- Technology
- Industry
- Semiconductors
- Market cap
- $184.8B
- P/E ratio
- 13.60
- Forward P/E
- 14.15
- EPS (TTM)
- $12.70
- Revenue (TTM)
- $43.1B
- Free cash flow
- $9.1B
- Profit margin
- 31.6%
- Dividend yield
- 2.08%
- Beta
- 1.76
- Shares outstanding
- 1.1B
Financial health: Strong8.9/10
8 strengths, 1 concern. Weakest points: revenue growth.
- Debt to equity: 0.48 (Strong, benchmark < 0.5) — Debt of 0.48x equity is conservative against the 0.5x benchmark. It has improved over the last 4 years.
- Net debt vs cash flow: 1.2y (Strong, benchmark < 4 years) — Net debt of $10.0B is 1.2x annual free cash flow — about a year of cash flow to repay.
- Current ratio: 1.86 (Strong, benchmark > 1.5) — Short-term assets cover 1.86x short-term liabilities, against Graham's 1.5x floor. It has deteriorated over the last 4 years.
- Return on equity: 277.6% (Strong, benchmark > 15%) — Earns 277.6% on shareholder equity, comfortably past the > 15% mark.
- Gross margin: 53.1% (Strong, benchmark > 40%) — Keeps 53.1% of revenue after the direct cost of sales, comfortably past the > 40% mark.
- Net margin: 31.6% (Strong, benchmark > 10%) — Turns 31.6% of revenue into profit, comfortably past the > 10% mark.
- Free cash flow: $8.7B (Strong, benchmark positive) — Generated $8.7B of free cash flow after capital spending. It has deteriorated over the last 4 years.
- Revenue growth: -2.6% (Concern, benchmark > 10%) — Revenue changed -2.6% year on year, well short of the > 10% mark.
- Earnings growth: 145.9% (Strong, benchmark > 10%) — Earnings changed 145.9% year on year, comfortably past the > 10% mark.