QUALCOMM Incorporated (QCOM): return on invested capital, 10 filed years
ROIC at QUALCOMM Incorporated was 17.3% in FY2025, the newest filed year. Across the 8 computed years from FY2016 it ranged from 14.4% (FY2016) to 47.3% (FY2019), with a median of 32.8%.
Tonight's figure on the company page: 17.3%, recomputed 2026-10-15. The table is each filed year on its own terms, with the formula below; the current figure may use trailing twelve months or, where the explainer says so, a different denominator.
Year by year
| Fiscal year | ROIC | Read from |
|---|---|---|
| FY2016 | 14.4% | 10-K, filed 2016-11-02 |
| FY2017 The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read. | n/a | 10-K, filed 2017-11-01 |
| FY2018 The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read. | n/a | 10-K, filed 2018-11-07 |
| FY2019 | 47.3% | 10-K, filed 2019-11-06 |
| FY2020 | 36.4% | 10-K, filed 2020-11-04 |
| FY2021 | 45.0% | 10-K, filed 2021-11-03 |
| FY2022 | 43.7% | 10-K, filed 2022-11-02 |
| FY2023 | 26.3% | 10-K, filed 2023-11-01 |
| FY2024 | 29.1% | 10-K, filed 2024-11-06 |
| FY2025 | 17.3% | 10-K, filed 2025-11-05 |
How each year is computed
Operating income x (1 - effective tax rate) / (equity + total debt - cash) x 100
Each year is a ratio of lines in that year's filed annual report, with the nightly recompute's own rules for what counts as a filed line. Nothing is estimated, smoothed or filled in: a year that cannot be computed says why.
Read further
A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.