QCOM vs. TER: QUALCOMM vs. Teradyne Stock Comparison

November 11, 2026

How do QUALCOMM (QCOM) and Teradyne (TER) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

QUALCOMM (QCOM) and Teradyne (TER) both belong to the Semiconductors & Semiconductor Equipment industry, though QCOM is classified under Semiconductors while TER falls under Semiconductor Materials & Equipment.

Company profile comparison for QUALCOMM (QCOM) and Teradyne (TER)
Profile Item	QCOM	TER
Name	QUALCOMM Incorporated	Teradyne, Inc.
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Industry	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Sub-Industry	Semiconductors	Semiconductor Materials & Equipment
Market Capitalization	176.99 billion USD	34.07 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	December 13, 1991	February 21, 1973
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

QCOM

TER

GSPC

QUALCOMM (QCOM) vs. Teradyne (TER), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for QUALCOMM (QCOM) and Teradyne (TER). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for QUALCOMM (QCOM) and Teradyne (TER). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for QUALCOMM (QCOM) and Teradyne (TER)
Metric	QCOM	TER
Total Return (1Y)	4.41%	31.13%
Total Return (3Y, Annualized)	15.75%	41.60%
Total Return (5Y, Annualized)	3.17%	10.83%

Risk Profile

Drawdown History

QCOM

TER

GSPC

QUALCOMM (QCOM) vs. Teradyne (TER), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for QUALCOMM (QCOM) and Teradyne (TER). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for QUALCOMM (QCOM) and Teradyne (TER)
Metric	QCOM	TER
Volatility (1Y, Annualized)	55.42%	78.35%
Beta (5Y)	1.73	1.78
Max Drawdown (5Y)	-44.29%	-59.12%
Avg. Volume (3M)	12.25M	3.01M

Risk-Adjusted Performance

Risk-Return Positioning

QCOM and TER are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for QUALCOMM (QCOM) and Teradyne (TER)
Metric	QCOM	TER
Sharpe Ratio (1Y)	0.00	0.34
Sortino Ratio (1Y)	0.00	0.48

Profitability

ROE (TTM)

Both QUALCOMM (QCOM) at 52.82% and Teradyne (TER) at 42.72% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

QCOM

Semiconductors & Semiconductor Equipment industry group

52.82%

QCOM: 52.82%
Max: 52.82%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

TER

Semiconductors & Semiconductor Equipment industry group

42.72%

Max: 52.82%
TER: 42.72%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

QUALCOMM (QCOM) vs. Teradyne (TER): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

QUALCOMM (QCOM) at 31.61% retains a top-quartile share of revenue as profit, ahead of Teradyne (TER) at 27.46%, which keeps about the industry-typical share.

QCOM

Semiconductors & Semiconductor Equipment industry group

31.61%

Max: 63.80%
QCOM: 31.61%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

TER

Semiconductors & Semiconductor Equipment industry group

27.46%

Max: 63.80%
Q3: 28.36%
TER: 27.46%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

QUALCOMM (QCOM) vs. Teradyne (TER): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Teradyne (TER) at 30.87% operates in the top operating margin quartile, ahead of QUALCOMM (QCOM) at 15.41%, which runs around its industry’s norm.

QCOM

Semiconductors & Semiconductor Equipment industry group

15.41%

Max: 58.66%
Q3: 30.23%
Median: 15.91%
QCOM: 15.41%
Q1: 7.54%
Min: -25.74%

TER

Semiconductors & Semiconductor Equipment industry group

30.87%

Max: 58.66%
TER: 30.87%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

QUALCOMM (QCOM) vs. Teradyne (TER): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for QUALCOMM (QCOM) and Teradyne (TER)
Metric	QCOM	TER
ROE (TTM)	52.82%	42.72%
ROA (TTM)	10.13%	21.59%
Net Margin (TTM)	31.61%	27.46%
Operating Margin (TTM)	15.41%	30.87%
Gross Margin (TTM)	53.10%	59.32%

Growth

Revenue Growth

Teradyne (TER) at 13.13% is around its peer norm for revenue growth, while QUALCOMM (QCOM) at -2.63% drops into the bottom quartile, signaling weaker demand or pricing momentum.

QUALCOMM (QCOM) vs. Teradyne (TER): A comparison of their Revenue Growth across different time periods.

EPS Growth

QUALCOMM (QCOM) at 153.49% clears its industry range for EPS growth, a much stronger earnings trajectory than Teradyne (TER) at 4.52%, which is closer to a typical peer reading.

QUALCOMM (QCOM) vs. Teradyne (TER): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for QUALCOMM (QCOM) and Teradyne (TER)
Metric	QCOM	TER
Revenue Growth (YoY)	-2.63%	13.13%
Revenue Growth (3Y CAGR)	6.38%	0.37%
EPS Growth (YoY)	153.49%	4.52%
EPS Growth (3Y CAGR)	25.53%	-6.31%

Financial Strength

Current Ratio (MRQ)

Both QUALCOMM (QCOM) at 1.86 and Teradyne (TER) at 2.08 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

QCOM

Semiconductors & Semiconductor Equipment industry group

1.86

Max: 10.33
Q3: 5.62
Median: 3.33
Q1: 2.35
QCOM: 1.86
Min: 1.03

TER

Semiconductors & Semiconductor Equipment industry group

2.08

Max: 10.33
Q3: 5.62
Median: 3.33
Q1: 2.35
TER: 2.08
Min: 1.03

QUALCOMM (QCOM) vs. Teradyne (TER): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Teradyne (TER) at 0.04 keeps leverage in the lower industry quartile, while QUALCOMM (QCOM) at 0.53 runs a more typical debt-to-equity mix.

QCOM

Semiconductors & Semiconductor Equipment industry group

0.53

Max: 1.46
Q3: 0.65
QCOM: 0.53
Median: 0.27
Q1: 0.04
Min: 0.00

TER

Semiconductors & Semiconductor Equipment industry group

0.04

Max: 1.46
Q3: 0.65
Median: 0.27
Q1: 0.04
TER: 0.04
Min: 0.00

QUALCOMM (QCOM) vs. Teradyne (TER): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for QUALCOMM (QCOM) and Teradyne (TER)
Metric	QCOM	TER
Current Ratio (MRQ)	1.86	2.08
Debt / Equity (MRQ)	0.53	0.04
Net Debt / EBITDA	0.78	-0.19

Dividends

Dividend Yield (TTM)

Teradyne (TER) at 0.24% pays an industry-typical yield; QUALCOMM (QCOM) at 2.31% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

QCOM

Semiconductors & Semiconductor Equipment industry group

2.31%

QCOM: 2.31%
Max: 1.37%
Q3: 0.65%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

TER

Semiconductors & Semiconductor Equipment industry group

0.24%

Max: 1.37%
Q3: 0.65%
TER: 0.24%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

QUALCOMM (QCOM) vs. Teradyne (TER): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Teradyne (TER) at 5.86% pays out a band-typical share of earnings, while QUALCOMM (QCOM) at 28.50% distributes more than its industry norm — less retained, thinner cover.

QCOM

Semiconductors & Semiconductor Equipment industry group

28.50%

Max: 49.64%
QCOM: 28.50%
Q3: 21.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

TER

Semiconductors & Semiconductor Equipment industry group

5.86%

Max: 49.64%
Q3: 21.71%
TER: 5.86%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

QUALCOMM (QCOM) vs. Teradyne (TER): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for QUALCOMM (QCOM) and Teradyne (TER)
Metric	QCOM	TER
Dividend Yield (TTM)	2.31%	0.24%
Dividend Payout Ratio (TTM)	28.50%	5.86%

Valuation

P/E Ratio (TTM)

QUALCOMM (QCOM) at 13.02 sits in the cheaper P/E ratio quartile, while Teradyne (TER) at 25.08 is closer to its industry’s usual earnings multiple — a discount for QCOM, though growth and earnings durability still matter.

QCOM

Semiconductors & Semiconductor Equipment industry group

13.02

Max: 110.34
Q3: 66.81
Median: 37.02
Q1: 23.96
QCOM: 13.02
Min: 8.12

TER

Semiconductors & Semiconductor Equipment industry group

25.08

Max: 110.34
Q3: 66.81
Median: 37.02
TER: 25.08
Q1: 23.96
Min: 8.12

QUALCOMM (QCOM) vs. Teradyne (TER): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both QUALCOMM (QCOM) at 4.10 and Teradyne (TER) at 6.81 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

QCOM

Semiconductors & Semiconductor Equipment industry group

4.10

Max: 21.42
Q3: 12.27
Median: 5.76
QCOM: 4.10
Q1: 2.73
Min: 0.00

TER

Semiconductors & Semiconductor Equipment industry group

6.81

Max: 21.42
Q3: 12.27
TER: 6.81
Median: 5.76
Q1: 2.73
Min: 0.00

QUALCOMM (QCOM) vs. Teradyne (TER): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

QUALCOMM (QCOM) at 5.83 is valued about in line with its industry on P/B ratio, while Teradyne (TER) at 9.24 carries an above-peer premium to book — TER is pricier on assets.

QCOM

Semiconductors & Semiconductor Equipment industry group

5.83

Max: 14.06
Q3: 7.44
QCOM: 5.83
Median: 4.29
Q1: 2.30
Min: 0.20

TER

Semiconductors & Semiconductor Equipment industry group

9.24

Max: 14.06
TER: 9.24
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

QUALCOMM (QCOM) vs. Teradyne (TER): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for QUALCOMM (QCOM) and Teradyne (TER)
Metric	QCOM	TER
P/E Ratio (TTM)	13.02	25.08
P/S Ratio (TTM)	4.10	6.81
P/B Ratio (MRQ)	5.83	9.24
Free Cash Flow Yield (TTM)	5.15%	1.76%