How Does Broadcom Stock Stack Up Against Its Peers?

AVGO: Broadcom logo
AVGO
Broadcom

Broadcom‘s stock has surged 106% over the past year, significantly outperforming peers amidst the AI and data-center boom. But how does this AI infrastructure leader truly measure up with its premium valuation? A closer look reveals exceptional profitability and robust 28% revenue growth, driven by AI semiconductors. However, a high P/E of 84.7 suggests upside may hinge on sustained hyperscale demand, navigating intense competition, and a U-shaped recovery in non-AI segments.

  • AVGO’s 39.0% operating margin, highest among peers, reflects its profitable software portfolio (VMware) and strong AI chip pricing.
  • AVGO’s 28.0% revenue growth, outpacing peers, stems from robust AI demand and strategic VMware integration.
  • AVGO’s 109.6% annual gain and 84.7 P/E signal high investor confidence in its AI leadership and growth outlook.

Here’s how Broadcom stacks up across size, valuation, and profitability versus key peers.

  AVGO CSCO IBM QCOM INTC
Market Cap ($ Bil) 1,603.7 301.4 277.8 176.0 155.7
Revenue ($ Bil) 59.9 56.7 65.4 44.3 53.4
PE Ratio 84.7 29.6 35.1 31.8 786.5
LTM Revenue Growth 28.0% 5.3% 4.5% 13.7% -1.5%
LTM Operating Margin 39.0% 22.1% 17.7% 28.0% -0.2%
LTM FCF Margin 41.6% 23.5% 18.1% 28.9% -15.8%
12M Market Return 109.6% 35.6% 37.2% 7.4% 41.2%

For more details on Broadcom, read Buy or Sell AVGO Stock. Below we compare AVGO’s growth, margin, and valuation with peers across years

Revenue Growth Comparison

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  LTM 2025 2024 2023 2022
AVGO 28.0% 44.0% 7.9% 21.0%
CSCO 5.3% 5.3% -5.6% 10.6%  
IBM 4.5% 1.4% 2.2% 5.5%
QCOM 13.7% 13.7% 8.8% -19.0%  
INTC -1.5% -2.1% -14.0% -20.2%

Operating Margin Comparison

  LTM 2025 2024 2023 2022
AVGO 39.0% 29.1% 45.9% 43.0%
CSCO 22.1% 22.1% 24.1% 27.3%  
IBM 17.7% 16.1% 15.9% 13.5%
QCOM 28.0% 28.0% 26.3% 24.1%  
INTC -0.2% -8.9% 0.1% 3.7%

PE Ratio Comparison

  LTM 2025 2024 2023 2022
AVGO 84.7 181.9 32.9 19.9
CSCO 29.6 23.1 19.8 15.5  
IBM 35.1 33.6 19.9 77.5
QCOM 31.8 30.4 15.9 17.0  
INTC 786.5 -4.6 124.7 13.5

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