Market Value Added (MVA)
Market value added (MVA) is the difference between a firm fair value and its invested capital. MVA is a measure of the value a company has created in excess of the resources already committed to the enterprise.
MVA
Qualcomm Inc., MVA calculation
US$ in millions
Based on: 10-K (reporting date: 2026-09-27), 10-K (reporting date: 2025-09-28), 10-K (reporting date: 2024-09-29), 10-K (reporting date: 2023-09-24), 10-K (reporting date: 2022-09-25), 10-K (reporting date: 2021-09-26).
1 Fair value of debt. See details »
2 Invested capital. See details »
MVA Spread Ratio
Qualcomm Inc., MVA spread ratio calculation, comparison to benchmarks
| Sep 27, 2026 | Sep 28, 2025 | Sep 29, 2024 | Sep 24, 2023 | Sep 25, 2022 | Sep 26, 2021 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Market value added (MVA)1 | 159,637) | 171,560) | 170,960) | 104,133) | 108,548) | 147,851) | |
| Invested capital2 | 37,310) | 31,317) | 30,887) | 31,383) | 29,132) | 20,003) | |
| Performance Ratio | |||||||
| MVA spread ratio3 | 427.87% | 547.82% | 553.50% | 331.81% | 372.61% | 739.14% | |
| Benchmarks | |||||||
| MVA Spread Ratio, Competitors4 | |||||||
| Advanced Micro Devices Inc. | — | 426.92% | 213.10% | 370.13% | 119.87% | 2,219.60% | |
| Analog Devices Inc. | — | 210.40% | 165.45% | 117.77% | 103.56% | 117.94% | |
| Applied Materials Inc. | — | 929.00% | 640.75% | 671.06% | 515.59% | 815.05% | |
| Broadcom Inc. | — | 986.32% | 681.05% | 780.11% | 327.90% | 373.48% | |
| Intel Corp. | — | 119.34% | 29.14% | 136.50% | 56.17% | 138.47% | |
| KLA Corp. | 2,374.79% | 1,241.79% | 1,008.93% | 749.49% | 664.85% | 735.96% | |
| Lam Research Corp. | 2,097.95% | 714.60% | 628.85% | 511.21% | 404.85% | 617.13% | |
| Marvell Technology Inc. | 339.79% | 264.76% | 229.84% | 97.37% | 200.17% | 270.10% | |
| Micron Technology Inc. | 1,078.90% | 269.47% | 136.73% | 66.27% | 17.46% | 81.70% | |
| NVIDIA Corp. | 4,383.73% | 6,599.24% | 5,287.84% | 2,593.21% | 3,533.65% | 2,455.53% | |
| Texas Instruments Inc. | — | 645.94% | 570.65% | 565.70% | 853.39% | 887.48% | |
Based on: 10-K (reporting date: 2026-09-27), 10-K (reporting date: 2025-09-28), 10-K (reporting date: 2024-09-29), 10-K (reporting date: 2023-09-24), 10-K (reporting date: 2022-09-25), 10-K (reporting date: 2021-09-26).
1 MVA. See details »
2 Invested capital. See details »
3 2026 Calculation
MVA spread ratio = 100 × MVA ÷ Invested capital
= 100 × 159,637 ÷ 37,310 = 427.87%
4 Click competitor name to see calculations.
MVA Margin
Qualcomm Inc., MVA margin calculation, comparison to benchmarks
| Sep 27, 2026 | Sep 28, 2025 | Sep 29, 2024 | Sep 24, 2023 | Sep 25, 2022 | Sep 26, 2021 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Market value added (MVA)1 | 159,637) | 171,560) | 170,960) | 104,133) | 108,548) | 147,851) | |
| Revenues | 43,120) | 44,284) | 38,962) | 35,820) | 44,200) | 33,566) | |
| Add: Increase (decrease) in unearned revenues | (158) | 44) | (7) | (121) | (463) | (353) | |
| Adjusted revenues | 42,962) | 44,328) | 38,955) | 35,699) | 43,737) | 33,213) | |
| Performance Ratio | |||||||
| MVA margin2 | 371.58% | 387.02% | 438.87% | 291.70% | 248.18% | 445.16% | |
| Benchmarks | |||||||
| MVA Margin, Competitors3 | |||||||
| Advanced Micro Devices Inc. | — | 760.86% | 481.21% | 944.62% | 297.25% | 836.71% | |
| Analog Devices Inc. | — | 803.27% | 763.82% | 422.86% | 388.08% | 757.72% | |
| Applied Materials Inc. | — | 658.93% | 445.92% | 449.88% | 297.74% | 520.10% | |
| Broadcom Inc. | — | 2,316.49% | 1,861.97% | 1,364.98% | 613.40% | 879.63% | |
| Intel Corp. | — | 263.29% | 50.65% | 231.83% | 78.99% | 155.07% | |
| KLA Corp. | 1,793.43% | 949.75% | 865.83% | 595.34% | 562.11% | 725.36% | |
| Lam Research Corp. | 1,632.64% | 597.49% | 638.38% | 448.84% | 298.83% | 497.72% | |
| Marvell Technology Inc. | 789.23% | 818.12% | 794.86% | 329.04% | 893.35% | 828.99% | |
| Micron Technology Inc. | 779.18% | 435.43% | 286.66% | 225.16% | 29.56% | 135.02% | |
| NVIDIA Corp. | 2,123.15% | 2,389.97% | 2,669.68% | 2,051.63% | 2,368.66% | 1,919.74% | |
| Texas Instruments Inc. | — | 1,044.46% | 954.68% | 729.45% | 748.35% | 793.86% | |
Based on: 10-K (reporting date: 2026-09-27), 10-K (reporting date: 2025-09-28), 10-K (reporting date: 2024-09-29), 10-K (reporting date: 2023-09-24), 10-K (reporting date: 2022-09-25), 10-K (reporting date: 2021-09-26).
1 MVA. See details »
2 2026 Calculation
MVA margin = 100 × MVA ÷ Adjusted revenues
= 100 × 159,637 ÷ 42,962 = 371.58%
3 Click competitor name to see calculations.