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 July 28, 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 17y
AVGO +33132.1%AXON +10163.3%AVGO compounded faster
010k20k30k40kStart $10020122015201820212024$33,232$10,263
AVGO AXON

AVGO vs AXON: by the numbers

  • AVGO is the larger company ($1.81T vs $44.14B market cap).
  • AVGO trades at the lower trailing earnings multiple (63.87 vs 210.86 P/E), one valuation lens rather than an overall verdict.
  • AVGO converts more revenue to profit (38.85% vs 6.91% net margin).
  • AXON grew revenue faster over the past five years (32.56% vs 24.17% CAGR).
  • AVGO pays a dividend (0.66% yield), while AXON has no payments in the available dividend history.

Metrics side by side

Valuation

MetricAVGOAXON
P/E ratio63.87210.86
Forward P/E33.0668.02
P/S ratio24.7614.53
P/B ratio21.3112.26
PEG ratio0.261.79
EV / EBITDA45.90351.21
FCF yield1.75%0.05%

Profitability

MetricAVGOAXON
Gross margin66.96%59.32%
Operating margin43.66%1.28%
Net margin38.85%6.91%
ROE33.43%5.84%
ROIC16.36%-1.11%

Dividends

MetricAVGOAXON
Dividend yield0.66%N/A
Payout ratio51.73%N/A

Growth (annualized)

MetricAVGOAXON
Revenue CAGR (5Y)24.17%32.56%
EPS CAGR (5Y)49.36%117.98%
FCF CAGR (5Y)20.74%32.23%
Total return CAGR (5Y)54.69%23.83%

Frequently asked

Which has the lower trailing P/E, AVGO or AXON?
AVGO has the lower trailing P/E: AVGO trades at 63.87 and AXON at 210.86. 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 24.17% CAGR versus AXON at 32.56%.
Does AVGO or AXON pay a bigger dividend?
AVGO pays a dividend (0.66% 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 38.85% versus AXON at 6.91%.
How have AVGO and AXON total returns compared?
Over the past 10 years, AVGO delivered 40.40% and AXON delivered 33.71% 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 July 28, 2026.