Stock Analysis on Net
Stock Analysis on Net

Qualcomm Inc. (NASDAQ:QCOM)

デュポン分析: ROE、ROA、純利益率の内訳 
四半期データ

Microsoft Excel

ROE分解では、純利益を株主資本で割ったものを構成比率の積として表します。

ROEを2つのコンポーネントに分解

Qualcomm Inc.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = ROA × 財務レバレッジ比率
2023/12/24 33.67% = 14.89% × 2.26
2023/09/24 33.51% = 14.17% × 2.37
2023/06/25 41.68% = 17.58% × 2.37
2023/03/26 53.52% = 21.80% × 2.46
2022/12/25 62.58% = 23.54% × 2.66
2022/09/25 71.81% = 26.39% × 2.72
2022/06/26 80.15% = 27.35% × 2.93
2022/03/27 83.73% = 25.19% × 3.32
2021/12/26 88.12% = 23.32% × 3.78
2021/09/26 90.88% = 21.93% × 4.14
2021/06/27 112.56% = 23.74% × 4.74
2021/03/28 108.05% = 21.58% × 5.01
2020/12/27 91.17% = 17.95% × 5.08
2020/09/27 85.54% = 14.60% × 5.86
2020/06/28 83.00% = 8.49% × 9.78
2020/03/29 132.94% = 12.67% × 10.49
2019/12/29 94.02% = 12.81% × 7.34
2019/09/29 89.35% = 13.31% × 6.71
2019/06/30 62.00% = 9.92% × 6.25
2019/03/31 63.55% = 7.22% × 8.80
2018/12/30 59.64% = 6.30% × 9.47
2018/09/30 -524.14% = -14.88% × 35.22
2018/06/24 — = — × 2.69
2018/03/25 — = — × 2.69
2017/12/24 — = — × 2.69

レポートに基づく: 10-Q (報告日: 2023-12-24), 10-K (報告日: 2023-09-24), 10-Q (報告日: 2023-06-25), 10-Q (報告日: 2023-03-26), 10-Q (報告日: 2022-12-25), 10-K (報告日: 2022-09-25), 10-Q (報告日: 2022-06-26), 10-Q (報告日: 2022-03-27), 10-Q (報告日: 2021-12-26), 10-K (報告日: 2021-09-26), 10-Q (報告日: 2021-06-27), 10-Q (報告日: 2021-03-28), 10-Q (報告日: 2020-12-27), 10-K (報告日: 2020-09-27), 10-Q (報告日: 2020-06-28), 10-Q (報告日: 2020-03-29), 10-Q (報告日: 2019-12-29), 10-K (報告日: 2019-09-29), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-Q (報告日: 2018-12-30), 10-K (報告日: 2018-09-30), 10-Q (報告日: 2018-06-24), 10-Q (報告日: 2018-03-25), 10-Q (報告日: 2017-12-24).

2024年第1 四半期に比べて株主資本利益率(ROE)が増加した主な理由は、総資産利益率(ROA)で測定される収益性の向上です。

ROEを3つの要素に分解

Qualcomm Inc.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = 純利益率 × 資産回転率 × 財務レバレッジ比率
2023/12/24 33.67% = 21.39% × 0.70 × 2.26
2023/09/24 33.51% = 20.19% × 0.70 × 2.37
2023/06/25 41.68% = 22.33% × 0.79 × 2.37
2023/03/26 53.52% = 25.67% × 0.85 × 2.46
2022/12/25 62.58% = 27.40% × 0.86 × 2.66
2022/09/25 71.81% = 29.27% × 0.90 × 2.72
2022/06/26 80.15% = 30.52% × 0.90 × 2.93
2022/03/27 83.73% = 28.42% × 0.89 × 3.32
2021/12/26 88.12% = 27.71% × 0.84 × 3.78
2021/09/26 90.88% = 26.94% × 0.81 × 4.14
2021/06/27 112.56% = 28.25% × 0.84 × 4.74
2021/03/28 108.05% = 27.28% × 0.79 × 5.01
2020/12/27 91.17% = 25.21% × 0.71 × 5.08
2020/09/27 85.54% = 22.09% × 0.66 × 5.86
2020/06/28 83.00% = 13.72% × 0.62 × 9.78
2020/03/29 132.94% = 16.36% × 0.77 × 10.49
2019/12/29 94.02% = 17.31% × 0.74 × 7.34
2019/09/29 89.35% = 18.07% × 0.74 × 6.71
2019/06/30 62.00% = 13.41% × 0.74 × 6.25
2019/03/31 63.55% = 11.57% × 0.62 × 8.80
2018/12/30 59.64% = 10.03% × 0.63 × 9.47
2018/09/30 -524.14% = -21.40% × 0.70 × 35.22
2018/06/24 — = — × — × 2.69
2018/03/25 — = — × — × 2.69
2017/12/24 — = — × — × 2.69

レポートに基づく: 10-Q (報告日: 2023-12-24), 10-K (報告日: 2023-09-24), 10-Q (報告日: 2023-06-25), 10-Q (報告日: 2023-03-26), 10-Q (報告日: 2022-12-25), 10-K (報告日: 2022-09-25), 10-Q (報告日: 2022-06-26), 10-Q (報告日: 2022-03-27), 10-Q (報告日: 2021-12-26), 10-K (報告日: 2021-09-26), 10-Q (報告日: 2021-06-27), 10-Q (報告日: 2021-03-28), 10-Q (報告日: 2020-12-27), 10-K (報告日: 2020-09-27), 10-Q (報告日: 2020-06-28), 10-Q (報告日: 2020-03-29), 10-Q (報告日: 2019-12-29), 10-K (報告日: 2019-09-29), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-Q (報告日: 2018-12-30), 10-K (報告日: 2018-09-30), 10-Q (報告日: 2018-06-24), 10-Q (報告日: 2018-03-25), 10-Q (報告日: 2017-12-24).

2024年第1 四半期に比べて株主資本利益率(ROE)が増加した主な理由は、純利益率で測定される収益性の向上です。

ROEを5つの要素に分解

Qualcomm Inc.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = 税負担 × 利息負担 × EBITマージン × 資産回転率 × 財務レバレッジ比率
2023/12/24 33.67% = 0.98 × 0.92 × 23.76% × 0.70 × 2.26
2023/09/24 33.51% = 0.99 × 0.91 × 22.42% × 0.70 × 2.37
2023/06/25 41.68% = 0.91 × 0.93 × 26.28% × 0.79 × 2.37
2023/03/26 53.52% = 0.89 × 0.95 × 30.32% × 0.85 × 2.46
2022/12/25 62.58% = 0.88 × 0.96 × 32.44% × 0.86 × 2.66
2022/09/25 71.81% = 0.87 × 0.97 × 34.93% × 0.90 × 2.72
2022/06/26 80.15% = 0.87 × 0.97 × 36.30% × 0.90 × 2.93
2022/03/27 83.73% = 0.87 × 0.96 × 34.08% × 0.89 × 3.32
2021/12/26 88.12% = 0.87 × 0.95 × 33.56% × 0.84 × 3.78
2021/09/26 90.88% = 0.88 × 0.95 × 32.27% × 0.81 × 4.14
2021/06/27 112.56% = 0.89 × 0.95 × 33.40% × 0.84 × 4.74
2021/03/28 108.05% = 0.90 × 0.94 × 32.29% × 0.79 × 5.01
2020/12/27 91.17% = 0.91 × 0.93 × 29.87% × 0.71 × 5.08
2020/09/27 85.54% = 0.91 × 0.90 × 26.86% × 0.66 × 5.86
2020/06/28 83.00% = 0.91 × 0.84 × 18.07% × 0.62 × 9.78
2020/03/29 132.94% = 0.53 × 0.93 × 33.40% × 0.77 × 10.49
2019/12/29 94.02% = 0.54 × 0.93 × 34.63% × 0.74 × 7.34
2019/09/29 89.35% = 0.59 × 0.92 × 33.40% × 0.74 × 6.71
2019/06/30 62.00% = 0.56 × 0.90 × 26.83% × 0.74 × 6.25
2019/03/31 63.55% = 1.59 × 0.68 × 10.76% × 0.62 × 8.80
2018/12/30 59.64% = 1.96 × 0.59 × 8.62% × 0.63 × 9.47
2018/09/30 -524.14% = -9.48 × 0.40 × 5.64% × 0.70 × 35.22
2018/06/24 — = — × — × — × — × 2.69
2018/03/25 — = — × — × — × — × 2.69
2017/12/24 — = — × — × — × — × 2.69

レポートに基づく: 10-Q (報告日: 2023-12-24), 10-K (報告日: 2023-09-24), 10-Q (報告日: 2023-06-25), 10-Q (報告日: 2023-03-26), 10-Q (報告日: 2022-12-25), 10-K (報告日: 2022-09-25), 10-Q (報告日: 2022-06-26), 10-Q (報告日: 2022-03-27), 10-Q (報告日: 2021-12-26), 10-K (報告日: 2021-09-26), 10-Q (報告日: 2021-06-27), 10-Q (報告日: 2021-03-28), 10-Q (報告日: 2020-12-27), 10-K (報告日: 2020-09-27), 10-Q (報告日: 2020-06-28), 10-Q (報告日: 2020-03-29), 10-Q (報告日: 2019-12-29), 10-K (報告日: 2019-09-29), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-Q (報告日: 2018-12-30), 10-K (報告日: 2018-09-30), 10-Q (報告日: 2018-06-24), 10-Q (報告日: 2018-03-25), 10-Q (報告日: 2017-12-24).

2024年第1 四半期に株主資本利益率(ROE)が増加した主な理由は、EBITマージン比率で測定した営業利益率の向上です。

ROAを2つのコンポーネントに分解

Qualcomm Inc.、 ROA の分解(四半期データ)

Microsoft Excel
ROA = 純利益率 × 資産回転率
2023/12/24 14.89% = 21.39% × 0.70
2023/09/24 14.17% = 20.19% × 0.70
2023/06/25 17.58% = 22.33% × 0.79
2023/03/26 21.80% = 25.67% × 0.85
2022/12/25 23.54% = 27.40% × 0.86
2022/09/25 26.39% = 29.27% × 0.90
2022/06/26 27.35% = 30.52% × 0.90
2022/03/27 25.19% = 28.42% × 0.89
2021/12/26 23.32% = 27.71% × 0.84
2021/09/26 21.93% = 26.94% × 0.81
2021/06/27 23.74% = 28.25% × 0.84
2021/03/28 21.58% = 27.28% × 0.79
2020/12/27 17.95% = 25.21% × 0.71
2020/09/27 14.60% = 22.09% × 0.66
2020/06/28 8.49% = 13.72% × 0.62
2020/03/29 12.67% = 16.36% × 0.77
2019/12/29 12.81% = 17.31% × 0.74
2019/09/29 13.31% = 18.07% × 0.74
2019/06/30 9.92% = 13.41% × 0.74
2019/03/31 7.22% = 11.57% × 0.62
2018/12/30 6.30% = 10.03% × 0.63
2018/09/30 -14.88% = -21.40% × 0.70
2018/06/24 — = — × —
2018/03/25 — = — × —
2017/12/24 — = — × —

レポートに基づく: 10-Q (報告日: 2023-12-24), 10-K (報告日: 2023-09-24), 10-Q (報告日: 2023-06-25), 10-Q (報告日: 2023-03-26), 10-Q (報告日: 2022-12-25), 10-K (報告日: 2022-09-25), 10-Q (報告日: 2022-06-26), 10-Q (報告日: 2022-03-27), 10-Q (報告日: 2021-12-26), 10-K (報告日: 2021-09-26), 10-Q (報告日: 2021-06-27), 10-Q (報告日: 2021-03-28), 10-Q (報告日: 2020-12-27), 10-K (報告日: 2020-09-27), 10-Q (報告日: 2020-06-28), 10-Q (報告日: 2020-03-29), 10-Q (報告日: 2019-12-29), 10-K (報告日: 2019-09-29), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-Q (報告日: 2018-12-30), 10-K (報告日: 2018-09-30), 10-Q (報告日: 2018-06-24), 10-Q (報告日: 2018-03-25), 10-Q (報告日: 2017-12-24).

2024年第1 四半期に比べて総資産利益率(ROA)が増加した主な理由は、純利益率で測定される収益性の向上です。

ROAを4つの要素に分解

Qualcomm Inc.、 ROA の分解(四半期データ)

Microsoft Excel
ROA = 税負担 × 利息負担 × EBITマージン × 資産回転率
2023/12/24 14.89% = 0.98 × 0.92 × 23.76% × 0.70
2023/09/24 14.17% = 0.99 × 0.91 × 22.42% × 0.70
2023/06/25 17.58% = 0.91 × 0.93 × 26.28% × 0.79
2023/03/26 21.80% = 0.89 × 0.95 × 30.32% × 0.85
2022/12/25 23.54% = 0.88 × 0.96 × 32.44% × 0.86
2022/09/25 26.39% = 0.87 × 0.97 × 34.93% × 0.90
2022/06/26 27.35% = 0.87 × 0.97 × 36.30% × 0.90
2022/03/27 25.19% = 0.87 × 0.96 × 34.08% × 0.89
2021/12/26 23.32% = 0.87 × 0.95 × 33.56% × 0.84
2021/09/26 21.93% = 0.88 × 0.95 × 32.27% × 0.81
2021/06/27 23.74% = 0.89 × 0.95 × 33.40% × 0.84
2021/03/28 21.58% = 0.90 × 0.94 × 32.29% × 0.79
2020/12/27 17.95% = 0.91 × 0.93 × 29.87% × 0.71
2020/09/27 14.60% = 0.91 × 0.90 × 26.86% × 0.66
2020/06/28 8.49% = 0.91 × 0.84 × 18.07% × 0.62
2020/03/29 12.67% = 0.53 × 0.93 × 33.40% × 0.77
2019/12/29 12.81% = 0.54 × 0.93 × 34.63% × 0.74
2019/09/29 13.31% = 0.59 × 0.92 × 33.40% × 0.74
2019/06/30 9.92% = 0.56 × 0.90 × 26.83% × 0.74
2019/03/31 7.22% = 1.59 × 0.68 × 10.76% × 0.62
2018/12/30 6.30% = 1.96 × 0.59 × 8.62% × 0.63
2018/09/30 -14.88% = -9.48 × 0.40 × 5.64% × 0.70
2018/06/24 — = — × — × — × —
2018/03/25 — = — × — × — × —
2017/12/24 — = — × — × — × —

レポートに基づく: 10-Q (報告日: 2023-12-24), 10-K (報告日: 2023-09-24), 10-Q (報告日: 2023-06-25), 10-Q (報告日: 2023-03-26), 10-Q (報告日: 2022-12-25), 10-K (報告日: 2022-09-25), 10-Q (報告日: 2022-06-26), 10-Q (報告日: 2022-03-27), 10-Q (報告日: 2021-12-26), 10-K (報告日: 2021-09-26), 10-Q (報告日: 2021-06-27), 10-Q (報告日: 2021-03-28), 10-Q (報告日: 2020-12-27), 10-K (報告日: 2020-09-27), 10-Q (報告日: 2020-06-28), 10-Q (報告日: 2020-03-29), 10-Q (報告日: 2019-12-29), 10-K (報告日: 2019-09-29), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-Q (報告日: 2018-12-30), 10-K (報告日: 2018-09-30), 10-Q (報告日: 2018-06-24), 10-Q (報告日: 2018-03-25), 10-Q (報告日: 2017-12-24).

2024年第1 四半期に比べて総資産利益率(ROA)が増加した主な理由は、EBITマージン率で測定した営業収益性の向上です。

純利益率の分解

Qualcomm Inc.、純利益率の分解(四半期データ)

Microsoft Excel
純利益率 = 税負担 × 利息負担 × EBITマージン
2023/12/24 21.39% = 0.98 × 0.92 × 23.76%
2023/09/24 20.19% = 0.99 × 0.91 × 22.42%
2023/06/25 22.33% = 0.91 × 0.93 × 26.28%
2023/03/26 25.67% = 0.89 × 0.95 × 30.32%
2022/12/25 27.40% = 0.88 × 0.96 × 32.44%
2022/09/25 29.27% = 0.87 × 0.97 × 34.93%
2022/06/26 30.52% = 0.87 × 0.97 × 36.30%
2022/03/27 28.42% = 0.87 × 0.96 × 34.08%
2021/12/26 27.71% = 0.87 × 0.95 × 33.56%
2021/09/26 26.94% = 0.88 × 0.95 × 32.27%
2021/06/27 28.25% = 0.89 × 0.95 × 33.40%
2021/03/28 27.28% = 0.90 × 0.94 × 32.29%
2020/12/27 25.21% = 0.91 × 0.93 × 29.87%
2020/09/27 22.09% = 0.91 × 0.90 × 26.86%
2020/06/28 13.72% = 0.91 × 0.84 × 18.07%
2020/03/29 16.36% = 0.53 × 0.93 × 33.40%
2019/12/29 17.31% = 0.54 × 0.93 × 34.63%
2019/09/29 18.07% = 0.59 × 0.92 × 33.40%
2019/06/30 13.41% = 0.56 × 0.90 × 26.83%
2019/03/31 11.57% = 1.59 × 0.68 × 10.76%
2018/12/30 10.03% = 1.96 × 0.59 × 8.62%
2018/09/30 -21.40% = -9.48 × 0.40 × 5.64%
2018/06/24 — = — × — × —
2018/03/25 — = — × — × —
2017/12/24 — = — × — × —

レポートに基づく: 10-Q (報告日: 2023-12-24), 10-K (報告日: 2023-09-24), 10-Q (報告日: 2023-06-25), 10-Q (報告日: 2023-03-26), 10-Q (報告日: 2022-12-25), 10-K (報告日: 2022-09-25), 10-Q (報告日: 2022-06-26), 10-Q (報告日: 2022-03-27), 10-Q (報告日: 2021-12-26), 10-K (報告日: 2021-09-26), 10-Q (報告日: 2021-06-27), 10-Q (報告日: 2021-03-28), 10-Q (報告日: 2020-12-27), 10-K (報告日: 2020-09-27), 10-Q (報告日: 2020-06-28), 10-Q (報告日: 2020-03-29), 10-Q (報告日: 2019-12-29), 10-K (報告日: 2019-09-29), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-Q (報告日: 2018-12-30), 10-K (報告日: 2018-09-30), 10-Q (報告日: 2018-06-24), 10-Q (報告日: 2018-03-25), 10-Q (報告日: 2017-12-24).

2024年第1 四半期に純利益率が増加した主な理由は、EBIT利益率で測定される営業収益性の増加です。