Tearsheet

Broadcom (AVGO)

Market Price (9/16/2025): $364.91 | Market Cap: $1.7 Tril
Sector: Information Technology | Industry: Semiconductors

Broadcom (AVGO)

Market Price (9/16/2025): $364.91
Market Cap: $1.7 Tril
Sector: Information Technology
Industry: Semiconductors

Investment Highlights

0	Strong revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 28%	Trading close to highs Dist 52W High is -1.5%, Dist 3Y High is -1.5%	Expensive valuation multiples P/SPrice/Sales ratio is 29x, P/EBITPrice/EBIT or Price/(Operating Income) ratio is 75x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 67x, P/EPrice/Earnings or Price/(Net Income) is 91x
1	Attractive operating margins Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 39%		Stock price has recently run up significantly 12M Rtn12 month market price return is 120%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 42%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 42%, CFO LTM is 25 Bil, FCF LTM is 25 Bil		Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.2%

0	Strong revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 28%
1	Attractive operating margins Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 39%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 42%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 42%, CFO LTM is 25 Bil, FCF LTM is 25 Bil
3	Trading close to highs Dist 52W High is -1.5%, Dist 3Y High is -1.5%
4	Expensive valuation multiples P/SPrice/Sales ratio is 29x, P/EBITPrice/EBIT or Price/(Operating Income) ratio is 75x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 67x, P/EPrice/Earnings or Price/(Net Income) is 91x
5	Stock price has recently run up significantly 12M Rtn12 month market price return is 120%
6	Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.2%

Market Valuation

	9/16/25	2024	2023	2022	2021
Share Price CYE	$364.91	$230.60	$109.55	$53.65	$61.86
Market Cap CYE ($ Bil)	1,720.2	1,078.7	452.9	220.8	253.6
Total Debt ($ Bil)	64.2	67.6	39.2	39.5	39.7
Total Cash ($ Bil)	10.7	9.3	14.2	12.4	12.2
Enterprise Value ($ Bil)	1,773.7	1,146.3	492.1	260.3	293.3
Valuation Ratios
P/S TTM	28.7	20.8	12.9	6.9	9.9
P/EBIT TTM	74.8	77.3	27.7	16.1	31.5
P/E TTM	90.9	181.8	32.9	19.9	40.5
Sector Ratios
P/S TTM (Sector)	3.2	3.1	2.8	2.5	5.0
P/EBIT TTM (Sector)	4.0	-0.0	-0.1	-0.5	1.9
P/E TTM (Sector)	-0.4	-0.3	-0.4	-0.5	0.1

	9/16/25	2024	2023
Share Price CYE	$364.91	$230.60	$109.55
Market Cap CYE ($ Bil)	1,720.2	1,078.7	452.9
Total Debt ($ Bil)	64.2	67.6	39.2
Total Cash ($ Bil)	10.7	9.3	14.2
Enterprise Value ($ Bil)	1,773.7	1,146.3	492.1
Valuation Ratios
P/S TTM	28.7	20.8	12.9
P/EBIT TTM	74.8	77.3	27.7
P/E TTM	90.9	181.8	32.9
Sector Ratios
P/S TTM (Sector)	3.2	3.1	2.8
P/EBIT TTM (Sector)	4.0	-0.0	-0.1
P/E TTM (Sector)	-0.4	-0.3	-0.4

Stock Price
Market Cap

Stock Price Chart

Return (1Y):

Market Cap Chart

Business Description

Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software. Show more

Price Returns Compared

Expand for Detailed View

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
AVGO Return	45%	56%	-13%	104%	110%	58%	1219%
Peers Return	36%	43%	-29%	80%	36%	19%	301%
S&P 500 Return	16%	27%	-19%	24%	23%	12%	104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: CSCO, IBM, QCOM, INTC, NVDA. See AVGO Returns vs. Peers.
[3] 2025 data is for the year up to 9/15/2025 (YTD)

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Broadcom Earnings Notes
2	AVGO Surges 17% In A Single Month, Things To Be Wary Of When Buying The Stock	Buy or Fear
3	AVGO Up 17% In A Month. Do You Buy Or Wait?	Return
4	Day 5 of Gains Streak for Broadcom Stock with 16% Return (vs. 50% YTD) [9/8/2025]	Notification
5	AVGO Up 9.4% in One Day: Is It Outperforming Its Rivals?
6	Better Bet Than AVGO Stock: Pay Less Than Broadcom To Get More From NVDA	Actionable
7	AVGO's One-Day Rally Offers a Chance to Reevaluate NVDA	Counter-Intuitive Comparisons
8	AVGO Delivers $51 Bil to Shareholders Over the Last 10 Years
9	Day 5 of Loss Streak for Broadcom Stock with -6.9% Return (vs. 26% YTD) [8/21/2025]	Notification
10	Better Bet Than AVGO Stock: Pay Less Than Broadcom To Get More From DAVE, NVDA
11	ARTICLES
12	S&P 500 Stocks Trading At 52-Week High		September 11th, 2025
13	Large Cap Stocks Trading At 52-Week High		September 11th, 2025
14	S&P 500 Movers \| Winners: ORCL, AVGO, VST \| Losers: SNPS, TTD, EPAM		September 11th, 2025
15	AVGO Surges 13% In A Single Week, Should You Buy The Stock Despite Its High Valuation?		September 10th, 2025
16	AVGO Jumped 16% In A Week. What To Do Now?		September 9th, 2025

	Title
0	DASHBOARDS
1	S&P 500 Stocks Trading At 52-Week High
2	Large Cap Stocks Trading At 52-Week High
3	S&P 500 Movers \| Winners: ORCL, AVGO, VST \| Losers: SNPS, TTD, EPAM
4	AVGO Surges 13% In A Single Week, Should You Buy The Stock Despite Its High Valuation?
5	AVGO Jumped 16% In A Week. What To Do Now?
6	ARTICLES
7	Broadcom Earnings Notes
8	AVGO Surges 17% In A Single Month, Things To Be Wary Of When Buying The Stock
9	AVGO Up 17% In A Month. Do You Buy Or Wait?
10	Day 5 of Gains Streak for Broadcom Stock with 16% Return (vs. 50% YTD) [9/8/2025]
11	AVGO Up 9.4% in One Day: Is It Outperforming Its Rivals?
12	Better Bet Than AVGO Stock: Pay Less Than Broadcom To Get More From NVDA
13	AVGO's One-Day Rally Offers a Chance to Reevaluate NVDA
14	AVGO Delivers $51 Bil to Shareholders Over the Last 10 Years
15	Day 5 of Loss Streak for Broadcom Stock with -6.9% Return (vs. 26% YTD) [8/21/2025]
16	Better Bet Than AVGO Stock: Pay Less Than Broadcom To Get More From DAVE, NVDA

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	NXTT	Next Technology	18947.6%	1080.3%
2	VCIG	VCI Global	2528.6%	-66.8%
3	BDSX	Biodesix	1926.1%	-75.2%
4	CLSD	Clearside Biomedical	1136.3%	-72.3%
5	SDOT	Sadot	1033.9%	-78.2%
6	CHEK	Check-Cap	184.2%	114.2%
7	ATCH	AtlasClear	153.8%	-89.7%
8	HSDT	Helius Medical Technologies	141.7%	-96.4%
9	MTVA	MetaVia	115.5%	-26.1%
10	IHT	InnSuites Hospitality Trust	66.0%	54.9%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	ATYR	aTyr Pharma	-83.2%	-72.0%
2	NAKA	Kindly MD	-55.4%
3	REX	REX American Resources	-49.8%	-26.7%
4	FAAS	DigiAsia	-39.2%	-83.2%
5	EVTV	Envirotech Vehicles	-32.8%	-77.4%
6	WLDS	Wearable Devices	-30.0%	-24.4%
7	ZONE	CleanCore Solutions	-29.5%	107.8%
8	CGTX	Cognition Therapeutics	-29.0%	119.6%
9	SIDU	Sidus Space	-28.7%	-80.8%
10	BNGO	Bionano Genomics	-28.6%	-84.0%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	NXTT	Next Technology	18985.5%	1080.3%
2	BDSX	Biodesix	1658.4%	-75.2%
3	VCIG	VCI Global	1460.0%	-66.8%
4	CLSD	Clearside Biomedical	1075.2%	-72.3%
5	SDOT	Sadot	806.7%	-78.2%
6	WLDS	Wearable Devices	539.8%	-24.4%
7	QMMM	QMMM	536.6%	5505.5%
8	ATCH	AtlasClear	382.9%	-89.7%
9	OPI	Office Properties Income Trust	274.5%	-8.3%
10	CWD	CaliberCos	246.5%	-46.7%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	DGNX	Diginex	-83.7%
2	ATYR	aTyr Pharma	-81.4%	-72.0%
3	LGCL	Lucas GC	-73.2%	-78.3%
4	NAKA	Kindly MD	-72.8%
5	OCTO	Eightco	-67.8%	562.1%
6	YYGH	YY	-67.0%	-78.2%
7	SNTG	Sentage	-58.1%	57.5%
8	REX	REX American Resources	-50.7%	-26.7%
9	BINI	Bollinger Innovations	-49.2%	-100.0%
10	SLXN	Silexion Therapeutics	-49.2%	-88.0%

1 Month Top Gainers

#	Ticker	Company	1M Rtn	YTD Rtn
1	PMI	Picard Medical	11963.5%	11963.5%
2	GIBO	GIBO	7309.3%
3	CHSN	Chanson International	5551.3%	-99.3%
4	LNZA	LanzaTech Global	5145.9%	-85.7%
5	QMMM	QMMM	2490.3%	5505.5%
6	NXTT	Next Technology	2167.7%	1080.3%
7	VTAK	Catheter Precision	1543.9%	-70.5%
8	CURX	Curanex Pharmaceuticals	1282.0%	1282.0%
9	VCIG	VCI Global	1278.3%	-66.8%
10	OCTO	Eightco	800.6%	562.1%

1 Month Top Losers

#	Ticker	Company	1M Rtn	YTD Rtn
1	CJET	Chijet Motor	-93.3%	-95.1%
2	ELPW	Elong Power	-92.4%	-76.5%
3	STFS	Star Fashion Culture	-92.1%	-97.9%
4	ETS	Elite Express	-92.0%	-92.0%
5	NAKA	Kindly MD	-91.7%
6	BINI	Bollinger Innovations	-90.5%	-100.0%
7	FLYE	Fly-E	-89.8%	-81.2%
8	JEM	707 Cayman	-89.8%	-98.3%
9	NUTR	NusaTrip	-86.7%	-86.7%
10	CUPR	Cuprina	-84.9%

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	NXTT	Next Technology	18947.6%	1080.3%
2	VCIG	VCI Global	2528.6%	-66.8%
3	BDSX	Biodesix	1926.1%	-75.2%
4	CLSD	Clearside Biomedical	1136.3%	-72.3%
5	SDOT	Sadot	1033.9%	-78.2%
6	CHEK	Check-Cap	184.2%	114.2%
7	ATCH	AtlasClear	153.8%	-89.7%
8	HSDT	Helius Medical Technologies	141.7%	-96.4%
9	MTVA	MetaVia	115.5%	-26.1%
10	IHT	InnSuites Hospitality Trust	66.0%	54.9%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	ATYR	aTyr Pharma	-83.2%	-72.0%
2	NAKA	Kindly MD	-55.4%
3	REX	REX American Resources	-49.8%	-26.7%
4	FAAS	DigiAsia	-39.2%	-83.2%
5	EVTV	Envirotech Vehicles	-32.8%	-77.4%
6	WLDS	Wearable Devices	-30.0%	-24.4%
7	ZONE	CleanCore Solutions	-29.5%	107.8%
8	CGTX	Cognition Therapeutics	-29.0%	119.6%
9	SIDU	Sidus Space	-28.7%	-80.8%
10	BNGO	Bionano Genomics	-28.6%	-84.0%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	NXTT	Next Technology	18985.5%	1080.3%
2	BDSX	Biodesix	1658.4%	-75.2%
3	VCIG	VCI Global	1460.0%	-66.8%
4	CLSD	Clearside Biomedical	1075.2%	-72.3%
5	SDOT	Sadot	806.7%	-78.2%
6	WLDS	Wearable Devices	539.8%	-24.4%
7	QMMM	QMMM	536.6%	5505.5%
8	ATCH	AtlasClear	382.9%	-89.7%
9	OPI	Office Properties Income Trust	274.5%	-8.3%
10	CWD	CaliberCos	246.5%	-46.7%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	DGNX	Diginex	-83.7%
2	ATYR	aTyr Pharma	-81.4%	-72.0%
3	LGCL	Lucas GC	-73.2%	-78.3%
4	NAKA	Kindly MD	-72.8%
5	OCTO	Eightco	-67.8%	562.1%
6	YYGH	YY	-67.0%	-78.2%
7	SNTG	Sentage	-58.1%	57.5%
8	REX	REX American Resources	-50.7%	-26.7%
9	BINI	Bollinger Innovations	-49.2%	-100.0%
10	SLXN	Silexion Therapeutics	-49.2%	-88.0%

Peer Comparisons for Broadcom

Financials

	AVGO	CSCO	IBM	QCOM	INTC	NVDA	Median
Name	Broadcom	Cisco Sy.	Internat.	Qualcomm	Intel	NVIDIA
Mkt Price	364.09	67.02	256.24	161.22	24.77	177.75	169.49
Mkt Cap	1,716.3	265.5	238.5	176.1	108.2	4,331.1	252.0
Rev LTM	59,926	56,654	64,038	43,257	53,070	165,218	58,290
Op Inc LTM	23,366	12,504	10,929	12,019	-4,397	95,981	12,262
FCF LTM	24,930	13,288	11,646	11,622	-10,943	72,023	12,467
FCF 3Y Avg	20,319	14,178	11,346	10,351	-13,357	43,044	12,762
CFO LTM	25,438	14,193	13,282	12,663	10,082	77,035	13,738
CFO 3Y Avg	20,821	14,986	13,104	11,654	10,452	45,866	14,045

Growth & Margins

	AVGO	CSCO	IBM	QCOM	INTC	NVDA	Median
Name	Broadcom	Cisco Sy.	Internat.	Qualcomm	Intel	NVIDIA
Rev Chg LTM	28.0%	5.3%	2.7%	15.8%	-3.7%	71.6%	10.6%
Rev Chg 3Y Avg	24.0%	3.4%	2.4%	1.4%	-9.4%	92.0%	2.9%
Rev Chg Q	22.0%	7.6%	7.7%	10.3%	0.2%	55.6%	9.0%
QoQ Delta Rev Chg LTM	5.0%	1.9%	1.9%	2.3%	0.0%	11.2%	2.1%
Op Mgn LTM	39.0%	22.1%	17.1%	27.8%	-8.3%	58.1%	24.9%
Op Mgn 3Y Avg	38.4%	24.5%	15.9%	26.5%	-3.9%	51.0%	25.5%
QoQ Delta Op Mgn LTM	1.5%	0.3%	0.7%	0.6%	-0.5%	0.1%	0.5%
CFO/Rev LTM	42.4%	25.1%	20.7%	29.3%	19.0%	46.6%	27.2%
CFO/Rev 3Y Avg	44.6%	26.7%	21.0%	29.4%	19.3%	44.5%	28.1%
FCF/Rev LTM	41.6%	23.5%	18.2%	26.9%	-20.6%	43.6%	25.2%
FCF/Rev 3Y Avg	43.5%	25.3%	18.2%	26.1%	-24.7%	41.3%	25.7%

Valuation

	AVGO	CSCO	IBM	QCOM	INTC	NVDA	Median
Name	Broadcom	Cisco Sy.	Internat.	Qualcomm	Intel	NVIDIA
Mkt Cap	1,716.3	265.5	238.5	176.1	108.2	4,331.1	252.0
P/S	28.6	4.7	3.7	4.1	2.0	26.2	4.4
P/EBIT	74.7	20.9	29.5	13.6	-10.0	42.9	25.2
P/E	90.7	26.1	40.9	15.2	-5.3	50.0	33.5
P/CFO	67.5	18.7	18.0	13.9	10.7	56.2	18.3
Total Yield	1.1%	6.3%	5.0%	8.7%	-18.5%	2.0%	3.5%
Dividend Yield	0.0%	2.4%	2.6%	2.2%	0.5%	0.0%	1.3%
FCF Yield 3Y Avg	3.1%	6.4%	6.8%	5.8%	-10.8%	1.5%	4.5%
D/E	0.0	0.1	0.3	0.1	0.5	0.0	0.1
Net D/E	0.0	0.0	0.2	0.0	0.3	-0.0	0.0

Returns

	AVGO	CSCO	IBM	QCOM	INTC	NVDA	Median
Name	Broadcom	Cisco Sy.	Internat.	Qualcomm	Intel	NVIDIA
1M Rtn	18.9%	1.2%	6.9%	2.7%	0.9%	-1.5%	2.0%
3M Rtn	44.8%	2.3%	-8.5%	3.4%	19.4%	22.9%	11.4%
6M Rtn	88.2%	10.8%	2.7%	3.3%	-3.6%	48.7%	7.0%
12M Rtn	119.6%	37.4%	22.7%	-1.7%	26.0%	49.3%	31.7%
3Y Rtn	667.8%	68.5%	126.1%	38.3%	-11.0%	1,248.4%	97.3%
1M Excs Rtn	14.7%	-5.6%	5.8%	0.3%	1.5%	-4.6%	0.9%
3M Excs Rtn	36.1%	-6.1%	-17.6%	-5.9%	12.3%	14.5%	3.2%
6M Excs Rtn	69.9%	-5.8%	-12.7%	-13.1%	-14.3%	28.8%	-9.3%
12M Excs Rtn	113.6%	20.3%	6.4%	-20.1%	7.0%	33.0%	13.6%
3Y Excs Rtn	588.5%	-4.3%	58.8%	-31.0%	-80.5%	1,107.0%	27.3%

Comparison Analyses

	Title
0	Why AVGO With 28% Upside May Beat CSCO?
1	Broadcom vs. Intel: With Return Forecast Of 4.8%, Intel Is A Better Bet
2	With 27% Gains On The Table, AVGO May Outshine IBM
3	Why AVGO With 27% Upside May Beat QCOM?
4	Avago Technologies vs Thermo Fisher Scientific: Similar Market Cap; Which Stock Is A Better Bet?
5	Avago Technologies vs PayPal Holdings: Similar Revenue; Which Stock Is A Better Bet?
6	Avago Technologies vs Visa: Similar Revenue; Which Stock Is A Better Bet?
7	Avago Technologies vs Pfizer: Similar Market Cap; Which Stock Is A Better Bet?
8	Avago Technologies vs Danaher: Similar Income; Which Stock Is A Better Bet?
9	Avago Technologies vs Texas Instruments Incorporated: Industry Peers; Which Stock Is A Better Bet?

Financials

Annual
Quarterly

$ Mil \| FY: 11/3	LTM	2024	2023	2022	2021	2020	2019
Period End		11/3/2024	10/29/2023	10/30/2022	10/31/2021	11/1/2020	11/3/2019
Filing Date		12/20/2024	12/14/2023	12/16/2022	12/17/2021	12/18/2020	12/20/2019
Key Financials
Total Revenue	59,926	51,574	35,819	33,203	27,450	23,888	22,597
Ebitda	32,141	23,879	20,554	19,155	14,691	11,125	9,478
Operating Income	23,366	14,996	16,451	14,282	8,667	4,212	4,180
Net Income	18,932	5,895	14,082	11,495	6,736	2,960	2,724
EPS	4.02	1.27	3.39	2.74	1.57	0.66	0.68
Growth Rates
Total Revenue Growth	28.0%	44.0%	7.9%	21.0%	14.9%	5.7%	8.4%
EBITDA Growth	46.8%	16.2%	7.3%	30.4%	32.1%	17.4%	2.4%
Operating Income Growth	63.4%	-8.8%	15.2%	64.8%	105.8%	0.8%	-22.1%
Net Income Growth	271.6%	-58.1%	22.5%	70.7%	127.6%	8.7%	-77.8%
Margins
EBITDA Margin	53.6%	46.3%	57.4%	57.7%	53.5%	46.6%	41.9%
Operating Income Margin	39.0%	29.1%	45.9%	43.0%	31.6%	17.6%	18.5%
Net Income Margin	31.6%	11.4%	39.3%	34.6%	24.5%	12.4%	12.1%
Cash & Debt
Total Cash	10,718	9,348	14,189	12,416	12,163	7,618	5,055
Total Debt	64,229	67,566	39,229	39,515	39,730	41,062	32,798
Net Debt / (Cash)	53,511	58,218	25,040	27,099	27,567	33,444	27,743
Cash Flows
Net Cash from Operations	25,438	19,962	18,085	16,736	13,764	12,061	9,697
Free Cash from Operations	24,930	19,414	17,633	16,312	13,321	11,598	9,265
Returns to Shareholders
Dividends	10,829	9,814	7,645	7,032	6,212	5,534	4,235
Share Repurchases	7,514	12,392	7,685	8,455	1,299	765	6,407

$ Mil \| FY: 11/3	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	8/3/2025	5/4/2025	2/2/2025	11/3/2024	8/4/2024	5/5/2024	2/4/2024	10/29/2023	7/30/2023	4/30/2023	1/29/2023	10/30/2022
Filing Date	9/10/2025	6/11/2025	3/12/2025	12/20/2024	9/11/2024	6/13/2024	3/14/2024	12/14/2023	9/6/2023	6/7/2023	3/8/2023	12/16/2022
Key Financials Quarterly
Total Revenue	15,952	15,004	14,916	14,054	13,072	12,487	11,961	9,295	8,876	8,733	8,915	8,930
Ebitda	8,294	8,020	8,537	7,290	6,394	5,582	4,613	5,304	4,912	5,060	5,278	5,242
Operating Income	6,074	5,915	6,432	4,945	4,091	3,257	2,703	4,253	4,068	4,017	4,113	4,001
Net Income	4,140	4,965	5,503	4,324	-1,875	2,121	1,325	3,524	3,303	3,481	3,774	3,359
EPS	0.88	1.05	1.17	0.92	-0.40	0.46	0.29	0.85	0.80	0.84	0.90	0.80
Key Financials TTM
Total Revenue TTM	59,926	57,046	54,529	51,574	46,815	42,619	38,865	35,819	35,454	35,042	34,412	33,203
Ebitda TTM	32,141	30,241	27,803	23,879	21,893	20,411	19,889	20,554	20,492	20,540	20,052	19,155
Operating Income TTM	23,366	21,383	18,725	14,996	14,304	14,281	15,041	16,451	16,199	15,875	15,270	14,282
Net Income TTM	18,932	12,917	10,073	5,895	5,095	10,273	11,633	14,082	13,917	13,688	12,797	11,495
Growth Rates Quarterly
Total Revenue Growth	22.0%	20.2%	24.7%	51.2%	47.3%	43.0%	34.2%	4.1%	4.9%	7.8%	15.7%	20.6%
EBITDA Growth	29.7%	43.7%	85.1%	37.4%	30.2%	10.3%	-12.6%	1.2%	-1.0%	10.7%	20.5%	27.7%
Operating Income Growth	48.5%	81.6%	138.0%	16.3%	0.6%	-18.9%	-34.3%	6.3%	8.7%	17.7%	31.6%	53.5%
Net Income Growth	320.8%	134.1%	315.3%	22.7%	-156.8%	-39.1%	-64.9%	4.9%	7.4%	34.4%	52.7%	68.9%
Margins Quarterly
EBITDA Margin	52.0%	53.5%	57.2%	51.9%	48.9%	44.7%	38.6%	57.1%	55.3%	57.9%	59.2%	58.7%
Operating Income Margin	38.1%	39.4%	43.1%	35.2%	31.3%	26.1%	22.6%	45.8%	45.8%	46.0%	46.1%	44.8%
Net Income Margin	26.0%	33.1%	36.9%	30.8%	-14.3%	17.0%	11.1%	37.9%	37.2%	39.9%	42.3%	37.6%
Cash & Debt
Total Cash	10,718	9,472	9,307	9,348	9,952	9,809	11,864	14,189	12,055	11,553	12,647	12,416
Total Debt	64,229	67,282	66,579	67,566	69,959	74,016	75,901	39,229	39,341	39,311	39,282	39,515
Net Debt / (Cash)	53,511	57,810	57,272	58,218	60,007	64,207	64,037	25,040	27,286	27,758	26,635	27,099
Cash Flows Quarterly
FCF from Operations	7,166	6,555	6,113	5,604	4,963	4,580	4,815	4,828	4,719	4,502	4,036	4,583
Cash Flows TTM
FCF from Operations TTM	25,438	23,235	21,260	19,962	19,186	18,942	18,864	18,085	17,840	17,545	17,286	16,736
Returns to Shareholders Quarterly
Dividends	2,786	2,785	2,774	2,484	2,452	2,443	2,435	1,904	1,901	1,914	1,926	1,782
Share Repurchases	58	4,216	2,036	1,204	1,350	1,548	8,290	577	2,167	3,420	1,521	274
Return on Invested Capital (ROIC) Quarterly
ROIC	15.5%	18.5%	20.7%	15.7%	12.8%	9.7%	7.6%	32.6%	31.2%	31.1%	34.0%	30.8%
Return on Invested Capital (ROIC) TTM
ROIC TTM	18.2%	13.2%	11.1%	7.4%	6.1%	10.0%	10.3%	33.1%	31.7%	30.9%	30.2%	27.4%

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021	2020
Semiconductor solutions	28,182	25,818	20,383	17,267	17,441
Infrastructure software	7,637	7,385	7,067	6,621	5,156
Total	35,819	33,203	27,450	23,888	22,597

Operating Income by Segment

$ Mil	2024	2023	2022	2021	2020
Semiconductor solutions	16,486	15,075	10,976	8,576	8,538
Infrastructure software	5,639	5,219	4,936	4,363	3,391
Unallocated expenses	-5,918	-6,069	-7,393	-8,925	-8,485
Total	16,207	14,225	8,519	4,014	3,444

Price Behavior

Behavior Stats
Betas Matrix

Price Behavior

Market Price	$364.09
Market Cap ($ Bil)	1,713.8
First Trading Date	08/06/2009
Distance from 52W High	-1.5%
	50 Days	200 Days
DMA Price	$301.65	$234.20
DMA Trend	up	up
Distance from DMA	20.7%	55.5%
	3M	1YR
Volatility	39.4%	57.4%
Downside Capture	91.51	164.36
Upside Capture	247.84	216.07
Correlation (SPY)	38.9%	60.7%

AVGO Betas & Captures as of 8/31/2025

	1M	2M	3M	6M	1Y	3Y
Beta	1.99	1.96	1.70	1.63	1.87	1.72
Up Beta	1.33	1.73	1.36	1.72	1.64	1.62
Down Beta	1.32	1.78	1.82	1.51	1.96	1.62
Up Capture	226%	241%	213%	252%	488%	2172%
Bmk +ve Days	10	22	35	71	142	415
Stock +ve Days	11	24	37	73	136	399
Down Capture	268%	190%	156%	127%	139%	107%
Bmk -ve Days	11	19	27	54	106	334
Stock -ve Days	10	17	25	52	111	350

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date	8292025
Short Interest: Shares Quantity	39,583,674
Short Interest: % Change Since 8152025	-8.5%
Average Daily Volume	18,292,200
Days-to-Cover Short Interest	2.16
Basic Shares Quantity	4,714,000,000
Short % of Basic Shares	0.8%

Returns Analyses

	Title
0	AVGO Up 17% In A Month. Do You Buy Or Wait?
1	AVGO YTD Stock Return Of 3.6% Outperforms QCOM by 7.0% and Underperforms IBM by -16%
2	AVGO YTD Stock Return Of 92% Outperforms TXN by 96% and Outperforms INTC by 25%
3	Broadcom Stock Return Comparison
4	[9/29/2021] Avago Technologies (AVGO) Stock Price Forecast: AI Forecasts AVGO Stock Price To Be Around $507 In A Month (Up 3.6%)
5	Broadcom Total Shareholder Return (TSR): -8.3% in 2022 and 21.2% 3-yr returns (above peer average)

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
9/4/2025	9.4%	17.5%
6/5/2025	-5.0%	-1.5%	7.2%
3/6/2025	8.6%	6.6%	-18.2%
12/12/2024	24.4%	20.8%	26.5%
9/5/2024	-10.4%	7.7%	16.0%
6/12/2024	12.3%	16.0%	15.0%
3/7/2024	-7.0%	-10.3%	-4.6%
12/7/2023	2.4%	20.0%	17.9%
...
SUMMARY STATS
# Positive	18	18	16
# Negative	7	7	9
Median Positive	3.0%	5.6%	9.8%
Median Negative	-5.0%	-4.9%	-5.4%
Max Positive	24.4%	20.8%	26.5%
Max Negative	-10.4%	-11.1%	-18.2%

	Forward Returns
9/4/2025	9.4%	17.5%
6/5/2025	-5.0%	-1.5%	7.2%
3/6/2025	8.6%	6.6%	-18.2%
12/12/2024	24.4%	20.8%	26.5%
9/5/2024	-10.4%	7.7%	16.0%
6/12/2024	12.3%	16.0%	15.0%
3/7/2024	-7.0%	-10.3%	-4.6%
12/7/2023	2.4%	20.0%	17.9%
8/31/2023	-5.5%	-7.1%	-9.0%
6/1/2023	2.8%	1.8%	11.5%
3/2/2023	5.7%	4.0%	7.9%
12/8/2022	2.6%	5.1%	9.2%
9/1/2022	1.7%	6.2%	-6.4%
5/26/2022	3.6%	8.5%	-4.1%
3/3/2022	3.0%	1.6%	9.1%
12/9/2021	8.3%	6.4%	7.1%
9/2/2021	1.2%	1.3%	-2.5%
6/3/2021	2.2%	0.8%	1.5%
3/4/2021	1.5%	2.3%	11.0%
12/10/2020	-1.0%	3.9%	10.5%
9/3/2020	3.1%	2.2%	4.9%
6/4/2020	2.7%	-4.9%	4.3%
3/12/2020	7.1%	-11.1%	20.8%
12/12/2019	-3.8%	-1.1%	-5.0%
9/12/2019	-3.4%	-3.3%	-5.7%
SUMMARY STATS
# Positive	18	18	16
# Negative	7	7	9
Median Positive	3.0%	5.6%	9.8%
Median Negative	-5.0%	-4.9%	-5.4%
Max Positive	24.4%	20.8%	26.5%
Max Negative	-10.4%	-11.1%	-18.2%

SEC Filings

Expand for More

Report Date	Filing Date	Filing
7312025	9102025	10-Q 8/3/2025
4302025	6112025	10-Q 5/4/2025
1312025	3122025	10-Q 2/2/2025
10312024	12202024	10-K 11/3/2024
7312024	9112024	10-Q 8/4/2024
4302024	6132024	10-Q 5/5/2024
1312024	3142024	10-Q 2/4/2024
10312023	12142023	10-K 10/29/2023
7312023	9062023	10-Q 7/30/2023
4302023	6072023	10-Q 4/30/2023
1312023	3082023	10-Q 1/29/2023
10312022	12162022	10-K 10/30/2022
7312022	9082022	10-Q 7/31/2022
4302022	6092022	10-Q 5/1/2022
1312022	3102022	10-Q 1/30/2022
10312021	12172021	10-K 10/31/2021

Insider Activity

Expand for More

	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	PAGE JUSTINE		8152025	Sell	307.46	800	245,968	7,312,014	Form
1	PAGE JUSTINE		7162025	Sell	274.30	800	219,440	6,742,843	Form
2	SAMUELI HENRY		6272025	Sell	264.16	153,812	40,630,978	10,172,447,890	Form
3	Spears Kirsten M.	CFO & Chief Accounting Officer	6262025	Sell	261.27	36,350	9,497,128	85,065,790	Form
4	Brazeal Mark David	Chief Legal & Corp Affairs Ofc	6262025	Sell	262.10	50,000	13,105,050	95,917,434	Form

Collapse to Preview

	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	PAGE JUSTINE		8152025	Sell	307.46	800	245,968	7,312,014	Form
1	PAGE JUSTINE		7162025	Sell	274.30	800	219,440	6,742,843	Form
2	SAMUELI HENRY		6272025	Sell	264.16	153,812	40,630,978	10,172,447,890	Form
3	Spears Kirsten M.	CFO & Chief Accounting Officer	6262025	Sell	261.27	36,350	9,497,128	85,065,790	Form
4	Brazeal Mark David	Chief Legal & Corp Affairs Ofc	6262025	Sell	262.10	50,000	13,105,050	95,917,434	Form
5	Spears Kirsten M.	CFO & Chief Accounting Officer	6232025	Sell	251.75	56,310	14,175,986	91,117,278	Form
6	PAGE JUSTINE		6182025	Sell	250.35	800	200,280	6,354,384	Form
7	TAN HOCK E	President and CEO	6162025	Sell	252.91	117,758	29,782,176	256,489,182	Form
8	Kawwas Charlie B	President, Semi Solutions Grp	6132025	Sell	252.88	10,000	2,528,810	199,721,368	Form
9	PAGE JUSTINE		5162025	Sell	230.19	800	184,152	6,026,835	Form
10	PAGE JUSTINE		4162025	Sell	185.00	800	148,000	4,695,300	Form
11	Brazeal Mark David	Chief Legal & Corp Affairs Ofc	4152025	Sell	180.00	25,000	4,500,000	83,872,080	Form
12	SAMUELI HENRY		3282025	Sell	178.36	32,899	5,867,866	7,032,698,771	Form
13	Brazeal Mark David	Chief Legal & Corp Affairs Ofc	3262025	Sell	194.65	30,000	5,839,500	95,564,585	Form
14	HARTENSTEIN EDDY W		1102025	Sell	229.64	4,000	918,548	10,655,157	Form
15	Low Check Kian		1082025	Sell	235.35	48,000	11,296,800	26,606,318	Form
16	Kawwas Charlie B	President, Semi Solutions Grp	1062025	Sell	231.98	40,000	9,279,200	161,627,425	Form
17	TAN HOCK E	President and CEO	12272024	Sell	239.96	45,000	10,798,200	202,246,927	Form
18	Brazeal Mark David	Chief Legal & Corp Affairs Ofc	12272024	Sell	238.79	20,168	4,815,937	76,809,513	Form
19	Spears Kirsten M.	CFO & Chief Accounting Officer	12262024	Sell	229.62	12,570	2,886,323	74,728,222	Form
20	Bryant Diane M		12262024	Sell	226.68	15,000	3,400,200	1,464,353	Form
21	You Harry L.		12192024	Sell	240.00	6,540	1,569,626	7,308,122	Form
22	Kawwas Charlie B	President, Semi Solutions Grp	10162024	Sell	181.44	15,950	2,894,048	133,784,842	Form
23	Brazeal Mark David	Chief Legal & Corp Affairs Ofc	10162024	Sell	181.45	18,900	3,429,405	65,623,207	Form
24	Brazeal Mark David	Chief Legal & Corp Affairs Ofc	10112024	Sell	182.88	18,900	3,456,338	69,594,910	Form
25	Brazeal Mark David	Chief Legal & Corp Affairs Ofc	10092024	Sell	177.10	20,280	3,591,547	70,743,567	Form
26	TAN HOCK E	President and CEO	10072024	Sell	172.32	20,000	3,446,500	198,502,891	Form
27	TAN HOCK E	President and CEO	10032024	Sell	167.14	10,000	1,671,410	195,874,209	Form
28	DELLY GAYLA J		9272024	Sell	174.53	750	130,898	6,064,918	Form
29	TAN HOCK E	President and CEO	9262024	Sell	172.94	150,000	25,941,000	204,399,515	Form
30	Kawwas Charlie B	President, Semi Solutions Grp	9232024	Sell	168.27	25,200	4,240,505	126,757,439	Form
31	TAN HOCK E	President and CEO	9192024	Sell	163.37	50,000	8,168,550	217,595,469	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

Prefer one of these to Trefis? Tell us why.

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
AVGO Return	45%	56%	-13%	104%	110%	58%	1219%
Peers Return	36%	43%	-29%	80%	36%	19%	301%
S&P 500 Return	16%	27%	-19%	24%	23%	12%	104%
Monthly Win Rates [3]
AVGO Win Rate	67%	75%	58%	83%	75%	62%
Peers Win Rate	60%	60%	38%	65%	60%	48%
S&P 500 Win Rate	58%	75%	42%	67%	75%	62%
Max Drawdowns [4]
AVGO Max Drawdown	-47%	-4%	-34%	-1%	-6%	-37%
Peers Max Drawdown	-26%	-8%	-40%	-5%	-17%	-14%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

Broadcom (AVGO)

Market Price (9/16/2025): $364.91 | Market Cap: $1.7 TrilSector: Information Technology | Industry: Semiconductors

Broadcom (AVGO)

Market Price (9/16/2025): $364.91Market Cap: $1.7 TrilSector: Information TechnologyIndustry: Semiconductors

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Market Price (9/16/2025): $364.91 | Market Cap: $1.7 Tril
Sector: Information Technology | Industry: Semiconductors

Market Price (9/16/2025): $364.91
Market Cap: $1.7 Tril
Sector: Information Technology
Industry: Semiconductors