How Does Qualcomm Stock Stack Up Against Its Peers?
Qualcomm’s stock has lagged behind peers over the past year. But how does QCOM truly measure up against rivals capitalizing on the AI and data center boom? A closer look reveals strong profitability, with a 27.2% LTM operating margin and 28.8% LTM free cash flow margin, and a moderate 28.5x PE ratio compared to many. However, its 10.25% LTM revenue growth trails AI leaders like Nvidia and AMD, potentially limiting significant upside if current trends persist as of February 20, 2026.
- QCOM’s 27.2% operating margin trails NVDA’s 58.8% AI GPU dominance, reflecting competitive mobile & diversified segments.
- QCOM’s 10.3% growth exceeds INTC’s PC woes but lags AI/data center surges from AVGO, NVDA, and AMD.
- QCOM’s 15.9% stock decline and 28.5 PE suggest mobile market saturation concerns, unlike AI-driven peer momentum.
Here’s how Qualcomm stacks up across size, valuation, and profitability versus key peers.
| QCOM | AVGO | NVDA | INTC | TXN | AMD | |
|---|---|---|---|---|---|---|
| Market Cap ($ Bil) | 152.9 | 1,574.4 | 4,617.8 | 213.8 | 199.7 | 325.6 |
| Revenue ($ Bil) | 44.9 | 63.9 | 187.1 | 52.9 | 17.7 | 34.6 |
| PE Ratio | 28.5 | 68.1 | 46.6 | -800.9 | 39.9 | 75.1 |
| LTM Revenue Growth | 10.3% | 23.9% | 65.2% | -0.5% | 13.0% | 34.3% |
| LTM Operating Margin | 27.2% | 40.8% | 58.8% | -0.0% | 34.7% | 10.7% |
| LTM FCF Margin | 28.8% | 42.1% | 41.3% | -9.4% | 14.7% | 19.4% |
| 12M Market Return | -15.9% | 48.0% | 35.5% | 69.1% | 11.1% | 75.3% |
For more details on Qualcomm, read Buy or Sell QCOM Stock. Below we compare QCOM’s growth, margin, and valuation with peers across years
Revenue Growth Comparison
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| LTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| QCOM | 10.3% | 13.7% | 8.8% | -19.0% |
| AVGO | 23.9% | 23.9% | 44.0% | 7.9% |
| NVDA | 65.2% | 114.2% | 125.9% | 0.2% |
| INTC | -0.5% | -0.5% | -2.1% | -14.0% |
| TXN | 13.0% | 13.0% | -10.7% | -12.5% |
| AMD | 34.3% | 34.3% | 13.7% | -3.9% |
Operating Margin Comparison
| LTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| QCOM | 27.2% | 28.0% | 26.3% | 24.1% |
| AVGO | 40.8% | 40.8% | 29.1% | 45.9% |
| NVDA | 58.8% | 62.4% | 54.1% | 20.7% |
| INTC | -0.0% | -0.0% | -8.9% | 0.1% |
| TXN | 34.7% | 34.7% | 34.1% | 41.8% |
| AMD | 10.7% | 10.7% | 8.1% | 1.8% |
PE Ratio Comparison
| LTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| QCOM | 28.5 | 33.8 | 16.9 | 22.3 |
| AVGO | 68.1 | 70.5 | 181.9 | 32.9 |
| NVDA | 46.6 | 62.8 | 111.4 | 282.0 |
| INTC | -800.9 | -626.1 | -4.6 | 124.7 |
| TXN | 39.9 | 31.5 | 35.6 | 23.8 |
| AMD | 75.1 | 80.2 | 119.2 | 278.6 |
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