Broadcom Inc. (AVGO)

Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions internationally. The company operates in two segments: Semiconductor Solutions and Infrastructure Software. The company offers networking connectivity, such as custom silicon solutions, ethernet switching & routing, ethernet NIC controllers, physical layer devices, and fiber optic components; wireless device connectivity, including RF semiconductor devices, connectivity solutions, custom touch controllers, and inductive charging ASICS; servers and storage system solutions, such as PCIE switches, SAS & raid products, fibre channel products, and HDD & SSD solutions; broadband solutions, includes set-top box, and broadband access; and industrial. The company also offers a private cloud software portfolio, including the VMware Cloud Foundation, Edge, vSphere foundation, telco cloud platform, private AI, live recovery, application networking and security, application development and data services; mainframe software, such as AIOPS & automation, database & data management, DEVX & DEVOPS, cybersecurity & compliance management, beyond code programs, foundational & open mainframe solutions; cybersecurity, such as endpoint, network, information, application security, and identity & access management; enterprise software; and fc san management. Its products are used in various applications in enterprise and data center networking, including artificial intelligence networking and connectivity, home connectivity, set-top boxes, broadband access, telecommunication equipment, wireless device and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. was founded in 1961 and is headquartered in Palo Alto, California.

Symbol
AVGO
Exchange
Nasdaq
Sector
Technology
Industry
Semiconductors
Market cap
$1.66T
52 week range
289.96 - 495

Valuation

Share price
$343.64 (close of 2026-10-01)
P/E (TTM)
43.07x
Price to book
16.65x
Price to free cash flow
42.12x
Enterprise value
$1.69T
Book value per share
$20.88

Price performance

PeriodChange
1 day-2.15%
5 days-1.92%
1 month-7.04%
3 months-6.96%
6 months+9.62%
Year to date-0.71%
1 year+3.07%
3 years+313.72%
5 years+608.68%
10 years+1892.11%
All time+21112.35%

Members of Congress who disclosed AVGO trades

David Taylor · Jared Moskowitz · Lisa McClain · Cleo Fields · Gilbert Ray Cisneros · Josh Gottheimer · Robert Bresnahan · Jefferson Shreve · Julia Letlow · Kelly Morrison · Shelley Moore Capito · Bruce Westerman

And 10 others

Super investors holding AVGO

Philippe Laffont (Coatue Management) · Ken Griffin (Citadel) · Polen Capital Mgmt (Polen Capital Management LLC) · Chase Coleman (Tiger Global Management) · Ray Dalio (Bridgewater Associates) · William Von Mueffling (Cantillon Capital Management LLC) · David Tepper (Appaloosa Mgmt)

Profitability and growth

Return on equity
28.45%
Return on invested capital
19.57%
Return on assets
13.52%
Return on capital employed
16.70%
Gross margin
67.77%
Net margin
36.20%
EBITDA margin
40.79%
Revenue growth
23.87%
Net income growth
292.30%
Free cash flow growth
38.63%

Cash flow and balance sheet

Free cash flow yield (TTM)
2.37%
Current ratio
2.50x
Net debt to EBITDA
0.68x

Latest reported year

Period end
2025-11-02
Fiscal year
2025
Revenue
$63.89B
Cost of revenue
$20.59B
Gross profit
$43.29B
EBITDA
$26.06B
Net income
$23.13B
Earnings per share
$4.91
Research and development
$10.98B
Shares outstanding
4.71B

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-11-02$63.89B$43.29B$23.13B$4.91
2024-11-03$51.57B$32.51B$5.89B$1.27
2023-10-29$35.82B$24.69B$14.08B$3.39
2022-10-30$33.20B$22.09B$11.49B$2.74
2021-10-31$27.45B$16.84B$6.74B$1.57
2020-11-01$23.89B$13.52B$2.96B$0.66
2019-11-03$22.60B$12.48B$2.72B$0.68
2018-11-04$20.85B$10.73B$12.26B$2.93
2017-10-29$17.64B$8.51B$1.69B$0.42
2016-10-30$13.24B$5.94B-$1.74B$-0.47

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-11-0267.77%36.20%28.45%19.57%
2024-11-0363.03%11.43%8.71%7.72%
2023-10-2968.93%39.31%58.70%30.99%
2022-10-3066.55%34.62%50.62%26.67%
2021-10-3161.36%24.54%26.99%15.99%
2020-11-0156.58%12.39%12.40%6.92%
2019-11-0355.24%12.05%10.92%6.46%
2018-11-0451.48%58.80%45.99%12.88%
2017-10-2948.25%9.59%7.30%7.91%
2016-10-3044.86%-13.13%-7.95%-2.18%

Cash and debt by year

Period endCashDebt
2025-11-02$16.18B-
2024-11-03$9.35B-
2023-10-29$14.19B-
2022-10-30$12.42B-
2021-10-31$12.16B$39.44B
2020-11-01$7.62B$40.23B
2019-11-03$5.05B$30.01B
2018-11-04$4.29B$17.49B
2017-10-29$11.20B$17.43B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-11-02$26.91B$7.57B
2024-11-03$19.41B$5.74B
2023-10-29$17.63B$2.17B
2022-10-30$16.31B$1.53B
2021-10-31$13.32B$1.70B
2020-11-01$11.60B$1.98B
2019-11-03$9.27B$2.19B
2018-11-04$8.24B$1.23B
2017-10-29$5.48B$921.00M
2016-10-30$2.69B$679.00M

Dividend history

Most recent payment
2026-09-21
Paid in the last twelve months
$2.60
Payment dateDividend per share
2026-09-21$0.65
2026-06-22$0.65
2026-03-23$0.65
2025-12-22$0.65
2025-09-22$0.59
2025-06-20$0.59
2025-03-20$0.59
2024-12-23$0.59

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-09-02Jul/2026$2.83
2026-06-03--
2026-03-04--
2025-12-11--
2025-09-04--
2025-06-05--
2025-03-06--
2025-03-05--

Filings and sources

Company website
broadcom.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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