Broadcom Inc. (AVGO) vs Axon Enterprise, Inc. (AXON)

A side-by-side comparison of Broadcom Inc. and Axon Enterprise, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: AVGO is classified in Technology; AXON is classified in Industrials. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnAVGO vs AXON

growth of $100 · dividends reinvested · last 10y
AVGO +2588.8% (+39.0%/yr)AXON +1735.1% (+33.8%/yr)AVGO compounded faster over this window
01k2k3kStart $10020182020202220242026$2,689$1,835
AVGO AXON

AVGO vs AXON: by the numbers

  • AVGO is the larger company ($1.72T vs $38.64B market cap).
  • AVGO trades at the lower trailing earnings multiple (46.23 vs 198.72 P/E), one valuation lens rather than an overall verdict.
  • AVGO converts more revenue to profit (42.94% vs 6.20% net margin).
  • AXON grew revenue faster over the past five years (31.90% vs 27.42% CAGR).
  • AVGO pays a dividend (0.70% yield), while AXON has no payments in the available dividend history.

Metrics side by side

Valuation

MetricAVGOAXON
P/E ratio46.23198.72
Forward P/E31.0462.14
P/S ratio19.3312.00
P/B ratio17.2810.51
EV / EBITDA33.95211.72
FCF yield2.29%0.34%

Profitability

MetricAVGOAXON
Gross margin67.66%59.41%
Operating margin39.89%2.61%
Net margin42.94%6.20%
ROE38.38%5.43%
ROIC23.99%1.09%

Dividends

MetricAVGOAXON
Dividend yield0.70%N/A
Payout ratio32.44%N/A

Growth (annualized)

MetricAVGOAXON
Revenue CAGR (5Y)27.42%31.90%
EPS CAGR (5Y)49.36%117.98%
FCF CAGR (5Y)24.60%21.08%
Total return CAGR (5Y)51.48%21.66%

Frequently asked

Which has the lower trailing P/E, AVGO or AXON?
AVGO has the lower trailing P/E: AVGO trades at 46.23 and AXON at 198.72. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AVGO or AXON?
Over the past five years, AXON grew revenue faster — AVGO at a 27.42% CAGR versus AXON at 31.90%.
Does AVGO or AXON pay a bigger dividend?
AVGO pays a dividend (0.70% yield), while AXON has no payments in the available dividend history.
Is AVGO or AXON more profitable?
AVGO runs the higher net margin — AVGO at 42.94% versus AXON at 6.20%.
How have AVGO and AXON total returns compared?
Over the past 10 years, AVGO delivered 40.00% and AXON delivered 34.25% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.