QUALCOMM Incorporated

QCOM Technology Semiconductors

QUALCOMM Incorporated’s revenue for fiscal 2026 (year ended September 2026) was $43.1 billion, down 2.63% from fiscal 2025.

Revenue
−8.42%
EPS
+141.2%
Free cash flow
−24.0%
Total debt
+2.03%

Quarter to September 2026, against a year earlier

164.71 7.96 +5.08%
Market cap
$167.4B
P/E
12.5×
Fwd P/E
13.2×
Dividend yield
2.25%
F-score
5/9
Altman Z
5.88
Beneish M
−2.13
Dividend safety
n/a

QUALCOMM Incorporated (QCOM) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, QUALCOMM Incorporated (QCOM) trades at a price to free cash flow of 18.6×. Over the past ten years it has ranged from 5.5× (January 2019) to 40.9× (December 2020); the current reading is higher than 72% of that period. That is below the Semiconductors industry median of 43.8× and in line with the Technology sector median of 18.7×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2026 21.3× 50.24%
FY2025 14.2× (16.37%)
FY2024 17.0× 36.57%
FY2023 12.4× (32.95%)
FY2022 18.6× 10.02%
FY2021 16.9× (44.36%)
FY2020 30.3× 116.62%
FY2019 14.0× 62.18%
FY2018 8.6× (51.47%)
FY2017 17.8× 24.02%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 21.3× 13.98%
Jun 2026 18.7× 70.74%
Mar 2026 11.0× (22.45%)
Dec 2025 14.1× (0.44%)
43 more quarters

Against its own ten years

Low 5.5× High 40.9×
Ten-year median 15.6×
Current reading's percentile 72

Price to free cash flow against peers

Company Price to free cash flow
ASX ASE Technology Holding Co., Ltd. compare n/m
QCOM QUALCOMM Incorporated 18.6×
NXPI NXP Semiconductors N.V. compare 18.9×
TXN Texas Instruments Incorporated compare 35.1×
ADI Analog Devices, Inc. compare 36.1×
MRVL Marvell Technology, Inc. compare 71.1×
INTC Intel Corporation compare 81.5×
MPWR Monolithic Power Systems, Inc. compare 93.7×
ARM ARM Holdings PLC Sponsored ADR compare 123×
Semiconductors industry median 43.8×
Technology sector median 18.7×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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