Qualcomm (QCOM) Return on Capital Employed [ROCE] (2009 - 2026)
Qualcomm (QCOM) posted Return on Capital Employed [ROCE] of 22.29% for fiscal Q3 2026 (quarter ended Jun 28, 2026), down 3.11 percentage points from 25.40% a year earlier and down 2.76 percentage points from the prior quarter.
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Analysis
Qualcomm (QCOM) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 28, 2025), Qualcomm's Return on Capital Employed [ROCE] came in at 28.40%, up 4.75 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +3.97 percentage points (FY2020 to FY2025).
- In prior fiscal years, Qualcomm's Return on Capital Employed [ROCE] was 23.64% in FY2024 (+4.37 pp), 19.28% in FY2023 (-28.41 pp), 47.68% in FY2022 (+10.70 pp) and 36.99% in FY2021 (+12.56 pp).
- The fiscal Q3 2026 figure stands as the lowest quarterly Return on Capital Employed [ROCE] since fiscal Q3 2024.
- On a year-over-year basis, Return on Capital Employed [ROCE] increased in seven of the last eight quarters, with an average year-over-year change of +3.26 percentage points.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was fiscal Q2 2022, with a gain of 10.95 percentage points; the weakest was fiscal Q4 2023, with a drop of 24.59 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior fiscal quarters was 25.06% (Q2 2026), 29.13% (Q1 2026) and 28.49% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 80.04% |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 8.47% |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 26.30% |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 60.25% |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 9.27% |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | -0.05% |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 50.54% |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 28.98% |
| 10 | Qualcomm | 195.41 Bn | 155.33 Bn | 5.28 Bn | 22.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 22.29% |
| Mar 29, 2026 | 25.06% |
| Dec 28, 2025 | 29.13% |
| Sep 28, 2025 | 28.49% |
| Jun 29, 2025 | 25.40% |
| Mar 30, 2025 | 24.99% |
| Dec 29, 2024 | 23.56% |
| Sep 29, 2024 | 23.18% |
| Jun 23, 2024 | 20.60% |
| Mar 24, 2024 | 19.54% |
| Dec 24, 2023 | 19.45% |
| Sep 24, 2023 | 19.28% |
| Jun 25, 2023 | 24.97% |
| Mar 26, 2023 | 30.72% |
| Dec 25, 2022 | 36.67% |
| Sep 25, 2022 | 43.87% |
| Jun 26, 2022 | 44.62% |
| Mar 27, 2022 | 42.55% |
| Dec 26, 2021 | 37.39% |
| Sep 26, 2021 | 34.89% |
API Access
Qualcomm Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=QCOM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "QCOM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=QCOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();