Qualcomm Incorporated Net Assets
Qualcomm Incorporated net assets. Based on the latest financial reports, Qualcomm Incorporated (QCOM) has net assets worth $27.66 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($57.37 Billion) and total liabilities ($29.71 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore how fast is Qualcomm Incorporated growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $27.66 Billion |
| % of Total Assets | 48.21% |
| Annual Growth Rate | 24.8% |
| 5-Year Change | 113.13% |
| 10-Year Change | -33.25% |
| Growth Volatility | 427.18 |
Net Assets of Qualcomm Incorporated (1990–2025)
Net assets of Qualcomm Incorporated from 1990 to 2025. This chart illustrates how Qualcomm Incorporated's net assets have evolved over time, based on quarterly financial data. See QCOM equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Qualcomm Incorporated (1990–2025)
The table below shows the annual net assets of Qualcomm Incorporated from 1990 to 2025. For live market cap and overall valuation, see Qualcomm Incorporated stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $21.21 Billion | -19.29% |
| 2024-09-30 | $26.27 Billion | +21.75% |
| 2023-09-30 | $21.58 Billion | +19.81% |
| 2022-09-30 | $18.01 Billion | +81.04% |
| 2021-09-30 | $9.95 Billion | +63.73% |
| 2020-09-30 | $6.08 Billion | +23.79% |
| 2019-09-30 | $4.91 Billion | +428.99% |
| 2018-09-30 | $928.00 Million | -96.98% |
| 2017-09-30 | $30.75 Billion | -3.22% |
| 2016-09-30 | $31.77 Billion | +1.13% |
| 2015-09-30 | $31.41 Billion | -19.79% |
| 2014-09-30 | $39.17 Billion | +8.53% |
| 2013-09-30 | $36.09 Billion | +7.58% |
| 2012-09-30 | $33.55 Billion | +24.37% |
| 2011-09-30 | $26.97 Billion | +29.31% |
| 2010-09-30 | $20.86 Billion | +2.67% |
| 2009-09-30 | $20.32 Billion | +13.22% |
| 2008-09-30 | $17.94 Billion | +13.32% |
| 2007-09-30 | $15.84 Billion | +18.12% |
| 2006-09-30 | $13.41 Billion | +20.57% |
| 2005-09-30 | $11.12 Billion | +15.06% |
| 2004-09-30 | $9.66 Billion | +27.18% |
| 2003-09-30 | $7.60 Billion | +39.77% |
| 2002-09-30 | $5.44 Billion | +11.05% |
| 2001-09-30 | $4.90 Billion | -11.99% |
| 2000-09-30 | $5.56 Billion | +55.26% |
| 1999-09-30 | $3.58 Billion | +116.34% |
| 1998-09-30 | $1.66 Billion | -1.67% |
| 1997-09-30 | $1.68 Billion | +99.33% |
| 1996-09-30 | $844.90 Million | +5.67% |
| 1995-09-30 | $799.60 Million | +204.96% |
| 1994-09-30 | $262.20 Million | +10.77% |
| 1993-09-30 | $236.70 Million | +244.04% |
| 1992-09-30 | $68.80 Million | +2546.15% |
| 1991-09-30 | $2.60 Million | -71.43% |
| 1990-09-30 | $9.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Qualcomm Incorporated's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2068610000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Qualcomm Incorporated Net Assets Breakdown (September 2025)
Qualcomm Incorporated net assets breakdown by equity component as of September 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $20.65 Billion | 97.36% |
| Other Comprehensive Income | $560.00 Million | 2.64% |
| Total Equity | $21.21 Billion | 100.00% |
Qualcomm Incorporated Competitors by Market Cap
The table below lists competitors of Qualcomm Incorporated ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nextera Energy Inc
NYSE:NEE
|
$175.63 Billion |
|
Verizon Communications Inc.
F:BAC
|
$176.22 Billion |
|
Shopify Inc
TO:SHOP
|
$176.61 Billion |
|
COMMONW.BK AUSTR.SP.ADRS
F:CWW0
|
$177.25 Billion |
|
Analog Devices Inc
NASDAQ:ADI
|
$175.05 Billion |
|
SAP SE
F:SAPA
|
$173.28 Billion |
|
TotalEnergies SE
PA:TTE
|
$173.14 Billion |
|
Banco Santander S.A.
MC:SAN
|
$172.94 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qualcomm Incorporated's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 26,274,000,000 to 21,206,000,000, a change of -5,068,000,000 (-19.3%).
- Net income of 5,541,000,000 contributed positively to equity growth.
- Dividend payments of 3,805,000,000 reduced retained earnings.
- Share repurchases of 8,791,000,000 reduced equity.
- New share issuances of 404,000,000 increased equity.
- Other comprehensive income decreased equity by 27,000,000.
- Other factors increased equity by 1,610,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.54 Billion | +26.13% |
| Dividends Paid | $3.81 Billion | -17.94% |
| Share Repurchases | $8.79 Billion | -41.46% |
| Share Issuances | $404.00 Million | +1.91% |
| Other Comprehensive Income | $-27.00 Million | -0.13% |
| Other Changes | $1.61 Billion | +7.59% |
| Total Change | $- | -19.29% |
Book Value vs Market Value Analysis
This analysis compares Qualcomm Incorporated's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.57x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 8828.11x to 8.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-09-30 | $0.02 | $164.43 | x |
| 1991-09-30 | $0.00 | $164.43 | x |
| 1992-09-30 | $0.10 | $164.43 | x |
| 1993-09-30 | $0.29 | $164.43 | x |
| 1994-09-30 | $0.35 | $164.43 | x |
| 1995-09-30 | $0.93 | $164.43 | x |
| 1996-09-30 | $0.80 | $164.43 | x |
| 1997-09-30 | $0.88 | $164.43 | x |
| 1998-09-30 | $0.81 | $164.43 | x |
| 1999-09-30 | $2.21 | $164.43 | x |
| 2000-09-30 | $3.45 | $164.43 | x |
| 2001-09-30 | $3.24 | $164.43 | x |
| 2002-09-30 | $3.36 | $164.43 | x |
| 2003-09-30 | $4.69 | $164.43 | x |
| 2004-09-30 | $5.77 | $164.43 | x |
| 2005-09-30 | $6.56 | $164.43 | x |
| 2006-09-30 | $7.84 | $164.43 | x |
| 2007-09-30 | $9.35 | $164.43 | x |
| 2008-09-30 | $10.81 | $164.43 | x |
| 2009-09-30 | $12.14 | $164.43 | x |
| 2010-09-30 | $12.58 | $164.43 | x |
| 2011-09-30 | $15.94 | $164.43 | x |
| 2012-09-30 | $19.26 | $164.43 | x |
| 2013-09-30 | $20.57 | $164.43 | x |
| 2014-09-30 | $22.85 | $164.43 | x |
| 2015-09-30 | $19.17 | $164.43 | x |
| 2016-09-30 | $21.21 | $164.43 | x |
| 2017-09-30 | $20.63 | $164.43 | x |
| 2018-09-30 | $0.63 | $164.43 | x |
| 2019-09-30 | $4.02 | $164.43 | x |
| 2020-09-30 | $5.29 | $164.43 | x |
| 2021-09-30 | $8.66 | $164.43 | x |
| 2022-09-30 | $15.84 | $164.43 | x |
| 2023-09-30 | $19.17 | $164.43 | x |
| 2024-09-30 | $23.25 | $164.43 | x |
| 2025-09-30 | $19.19 | $164.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qualcomm Incorporated utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 26.13%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.51%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 2.36x
- Recent ROE (26.13%) is above the historical average (-8.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | -187.91% | -36.77% | 1.43x | 3.57x | $-18.01 Million |
| 1991 | -323.08% | -9.30% | 2.17x | 16.00x | $-8.66 Million |
| 1992 | -5.96% | -3.81% | 0.99x | 1.57x | $-10.98 Million |
| 1993 | 5.11% | 7.17% | 0.55x | 1.30x | $-11.57 Million |
| 1994 | 5.80% | 5.60% | 0.76x | 1.36x | $-11.02 Million |
| 1995 | 3.78% | 7.81% | 0.41x | 1.18x | $-49.76 Million |
| 1996 | 2.49% | 2.58% | 0.69x | 1.40x | $-63.49 Million |
| 1997 | 8.98% | 4.39% | 0.92x | 2.22x | $-10.48 Million |
| 1998 | 11.33% | 3.24% | 1.30x | 2.68x | $12.77 Million |
| 1999 | 6.99% | 5.10% | 0.87x | 1.58x | $-86.30 Million |
| 2000 | 12.15% | 20.97% | 0.53x | 1.10x | $118.58 Million |
| 2001 | -11.21% | -20.48% | 0.47x | 1.17x | $-1.04 Billion |
| 2002 | 6.62% | 11.83% | 0.47x | 1.20x | $-183.97 Million |
| 2003 | 10.89% | 20.84% | 0.45x | 1.16x | $67.58 Million |
| 2004 | 17.80% | 35.25% | 0.45x | 1.12x | $753.60 Million |
| 2005 | 19.27% | 37.78% | 0.45x | 1.12x | $1.03 Billion |
| 2006 | 18.42% | 32.82% | 0.49x | 1.13x | $1.13 Billion |
| 2007 | 20.86% | 37.23% | 0.48x | 1.17x | $1.72 Billion |
| 2008 | 17.61% | 28.36% | 0.45x | 1.37x | $1.37 Billion |
| 2009 | 7.84% | 15.28% | 0.38x | 1.35x | $-439.60 Million |
| 2010 | 15.57% | 29.54% | 0.36x | 1.47x | $1.16 Billion |
| 2011 | 15.81% | 28.48% | 0.41x | 1.35x | $1.56 Billion |
| 2012 | 18.22% | 31.95% | 0.44x | 1.28x | $2.76 Billion |
| 2013 | 18.99% | 27.56% | 0.55x | 1.26x | $3.24 Billion |
| 2014 | 20.34% | 30.08% | 0.55x | 1.24x | $4.05 Billion |
| 2015 | 16.78% | 20.85% | 0.50x | 1.62x | $2.13 Billion |
| 2016 | 17.95% | 24.22% | 0.45x | 1.65x | $2.53 Billion |
| 2017 | 8.02% | 11.06% | 0.34x | 2.13x | $-608.60 Million |
| 2018 | -534.91% | -21.84% | 0.70x | 35.22x | $-5.06 Billion |
| 2019 | 89.35% | 18.07% | 0.74x | 6.71x | $3.90 Billion |
| 2020 | 85.54% | 22.09% | 0.66x | 5.86x | $4.59 Billion |
| 2021 | 90.88% | 26.94% | 0.81x | 4.14x | $8.05 Billion |
| 2022 | 71.81% | 29.27% | 0.90x | 2.72x | $11.13 Billion |
| 2023 | 33.51% | 20.19% | 0.70x | 2.37x | $5.07 Billion |
| 2024 | 38.60% | 26.03% | 0.71x | 2.10x | $7.51 Billion |
| 2025 | 26.13% | 12.51% | 0.88x | 2.36x | $3.42 Billion |
Industry Comparison
This section compares Qualcomm Incorporated's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $12,356,238,029
- Average return on equity (ROE) among peers: -14.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qualcomm Incorporated (QCOM) | $27.66 Billion | -187.91% | 1.07x | $175.58 Billion |
| Analog Devices Inc (ADI) | $270.30 Million | 8.66% | 0.37x | $175.05 Billion |
| Arteris Inc (AIP) | $52.90 Million | -44.20% | 1.28x | $858.71 Million |
| Astera Labs, Inc. (ALAB) | $-85.29 Million | 0.00% | 0.00x | $40.53 Billion |
| Allegro Microsystems Inc (ALGM) | $956.45 Million | -1.56% | 0.48x | $6.27 Billion |
| Aeluma, Inc (ALMU) | $6.11 Million | -88.04% | 0.17x | $137.29 Million |
| Ambiq Micro, Inc. (AMBQ) | $89.01 Million | -28.47% | 0.18x | $524.36 Million |
| Advanced Micro Devices Inc (AMD) | $636.30 Million | -8.42% | 0.75x | $789.95 Billion |
| Alpha and Omega Semiconductor Ltd (AOSL) | $891.61 Million | -1.24% | 0.28x | $662.64 Million |
| Arm Holdings plc American Depositary Shares (ARM) | $8.29 Billion | 10.91% | 0.29x | $216.26 Billion |
| ASE Industrial Holding Co Ltd ADR (ASX) | $112.46 Billion | 11.47% | 1.19x | $51.18 Billion |
About Qualcomm Incorporated
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. 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 tec… Read more