Qualcomm Incorporated Profitability Analysis

QCOM Stock  USD 169.30  0.17  0.10%   
Based on the measurements of profitability obtained from Qualcomm Incorporated's financial statements, Qualcomm Incorporated may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in April. Profitability indicators assess Qualcomm Incorporated's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
1991-12-31
Previous Quarter
1.5 B
Current Value
2.8 B
Quarterly Volatility
1.1 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
As of the 29th of March 2024, Price To Sales Ratio is likely to grow to 6.86. Also, Operating Cash Flow Sales Ratio is likely to grow to 0.20. At this time, Qualcomm Incorporated's Interest Income is very stable compared to the past year. As of the 29th of March 2024, Change To Netincome is likely to grow to about 2.8 B, while Net Income From Continuing Ops is likely to drop about 6.4 B.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.450.5494
Significantly Down
Slightly volatile
Operating Profit Margin0.0310.0326
Notably Down
Very volatile
Pretax Profit Margin0.02140.0226
Notably Down
Slightly volatile
For Qualcomm Incorporated profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Qualcomm Incorporated to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Qualcomm Incorporated utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Qualcomm Incorporated's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Qualcomm Incorporated over time as well as its relative position and ranking within its peers.
  
Check out Your Equity Center.
To learn how to invest in Qualcomm Stock, please use our How to Invest in Qualcomm Incorporated guide.
Is Qualcomm Incorporated's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Qualcomm Incorporated. If investors know Qualcomm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Qualcomm Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.245
Dividend Share
3.15
Earnings Share
7.01
Revenue Per Share
32.534
Quarterly Revenue Growth
0.05
The market value of Qualcomm Incorporated is measured differently than its book value, which is the value of Qualcomm that is recorded on the company's balance sheet. Investors also form their own opinion of Qualcomm Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Qualcomm Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Qualcomm Incorporated's market value can be influenced by many factors that don't directly affect Qualcomm Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Qualcomm Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Qualcomm Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qualcomm Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Qualcomm Incorporated Net Income vs. Shares Owned By Insiders Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Qualcomm Incorporated's current stock value. Our valuation model uses many indicators to compare Qualcomm Incorporated value to that of its competitors to determine the firm's financial worth.
Qualcomm Incorporated is currently regarded as top stock in shares owned by insiders category among related companies. It is currently regarded as top stock in net income category among related companies making up about  61,158,333,333  of Net Income per Shares Owned By Insiders. At this time, Qualcomm Incorporated's Net Income is very stable compared to the past year.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Qualcomm Incorporated by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Qualcomm Incorporated's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Qualcomm Incorporated's earnings, one of the primary drivers of an investment's value.

Qualcomm Net Income vs. Shares Owned By Insiders

Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.

Qualcomm Incorporated

Insiders Shares

 = 

Executives Shares

+

Employees

 = 
0.12 %
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Qualcomm Incorporated

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
7.34 B
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

Qualcomm Net Income Comparison

Qualcomm Incorporated is currently under evaluation in net income category among related companies.

Qualcomm Incorporated Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Qualcomm Incorporated, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Qualcomm Incorporated will eventually generate negative long term returns. The profitability progress is the general direction of Qualcomm Incorporated's change in net profit over the period of time. It can combine multiple indicators of Qualcomm Incorporated, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2024
Accumulated Other Comprehensive Income411.7 M432.3 M
Operating IncomeB9.4 B
Net Income8.4 B8.9 B
Income Tax Expense119.6 M113.6 M
Income Before Tax8.6 BB
Total Other Income Expense Net401.4 M421.4 M
Net Income Applicable To Common Shares14.9 B15.6 B
Net Income From Continuing Ops8.4 B6.4 B
Non Operating Income Net Other-334.8 M-318.1 M
Interest Income281.7 M329.3 M
Net Interest Income-624.6 M-593.4 M
Change To Netincome2.6 B2.8 B
Net Loss(9.48)(9.01)

Qualcomm Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Qualcomm Incorporated. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Qualcomm Incorporated position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Qualcomm Incorporated's important profitability drivers and their relationship over time.

Qualcomm Incorporated Profitability Trends

Qualcomm Incorporated profitability trend refers to the progression of profit or loss within a business. An upward trend means that Qualcomm Incorporated's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is Qualcomm Incorporated's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.

Qualcomm Incorporated Profitability Drivers Correlations

One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between Qualcomm Incorporated different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards Qualcomm Incorporated in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down Qualcomm Incorporated's future profitability.

Use Qualcomm Incorporated in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Qualcomm Incorporated position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Qualcomm Incorporated will appreciate offsetting losses from the drop in the long position's value.

Qualcomm Incorporated Pair Trading

Qualcomm Incorporated Pair Trading Analysis

The ability to find closely correlated positions to Qualcomm Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Qualcomm Incorporated when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Qualcomm Incorporated - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Qualcomm Incorporated to buy it.
The correlation of Qualcomm Incorporated is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Qualcomm Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Qualcomm Incorporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Qualcomm Incorporated can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Qualcomm Incorporated position

In addition to having Qualcomm Incorporated in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Gold and Gold Mining Thematic Idea Now

Gold and Gold Mining
Gold and Gold Mining Theme
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 94 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Gold and Gold Mining Theme or any other thematic opportunities.
View All  Next Launch
When determining whether Qualcomm Incorporated is a strong investment it is important to analyze Qualcomm Incorporated's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Qualcomm Incorporated's future performance. For an informed investment choice regarding Qualcomm Stock, refer to the following important reports:
Check out Your Equity Center.
To learn how to invest in Qualcomm Stock, please use our How to Invest in Qualcomm Incorporated guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Qualcomm Stock analysis

When running Qualcomm Incorporated's price analysis, check to measure Qualcomm Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Qualcomm Incorporated is operating at the current time. Most of Qualcomm Incorporated's value examination focuses on studying past and present price action to predict the probability of Qualcomm Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qualcomm Incorporated's price. Additionally, you may evaluate how the addition of Qualcomm Incorporated to your portfolios can decrease your overall portfolio volatility.
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
To fully project Qualcomm Incorporated's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Qualcomm Incorporated at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Qualcomm Incorporated's income statement, its balance sheet, and the statement of cash flows.
Potential Qualcomm Incorporated investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Qualcomm Incorporated investors may work on each financial statement separately, they are all related. The changes in Qualcomm Incorporated's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Qualcomm Incorporated's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.