Broadcom Inc. (AVGO) vs Elevance Health Inc. (ELV)
A side-by-side comparison of Broadcom Inc. and Elevance Health Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.
Different business models: AVGO is classified in Technology; ELV is classified in Healthcare. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
AVGO
Broadcom Inc.
$361.99TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
ELV
Elevance Health Inc.
$418.72HealthcareDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — AVGO vs ELV
growth of $100 · dividends reinvested · last 10yAVGO +2580.2% (+38.9%/yr)ELV +284.4% (+14.4%/yr)AVGO compounded faster over this window
Log scale — wide-divergence pair
AVGO ELV
AVGO vs ELV: by the numbers
- •AVGO is the larger company ($1.72T vs $90.81B market cap).
- •ELV trades at the lower trailing earnings multiple (18.61 vs 46.23 P/E), one valuation lens rather than an overall verdict.
- •AVGO converts more revenue to profit (42.94% vs 2.47% net margin).
- •AVGO grew revenue faster over the past five years (27.42% vs 9.25% CAGR).
- •ELV pays the higher dividend yield (1.65% vs 0.70%).
Metrics side by side
Valuation
| Metric | AVGO | ELV |
|---|---|---|
| P/E ratio | 46.23 | 18.61 |
| Forward P/E | 31.17 | 15.42 |
| P/S ratio | 19.33 | 0.45 |
| P/B ratio | 17.28 | 2.02 |
| EV / EBITDA | 33.95 | 13.82 |
| FCF yield | 2.29% | 6.93% |
Profitability
| Metric | AVGO | ELV |
|---|---|---|
| Gross margin | 67.66% | 25.56% |
| Operating margin | 39.89% | 3.51% |
| Net margin | 42.94% | 2.47% |
| ROE | 38.38% | 11.06% |
| ROIC | 23.99% | 6.34% |
Dividends
| Metric | AVGO | ELV |
|---|---|---|
| Dividend yield | 0.70% | 1.65% |
| Payout ratio | 32.44% | 30.49% |
Growth (annualized)
| Metric | AVGO | ELV |
|---|---|---|
| Revenue CAGR (5Y) | 27.42% | 9.25% |
| EPS CAGR (5Y) | 49.36% | 6.67% |
| FCF CAGR (5Y) | 24.60% | -19.97% |
| Total return CAGR (5Y) | 51.41% | 4.62% |
Frequently asked
- Which has the lower trailing P/E, AVGO or ELV?
- ELV has the lower trailing P/E: AVGO trades at 46.23 and ELV at 18.61. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AVGO or ELV?
- Over the past five years, AVGO grew revenue faster — AVGO at a 27.42% CAGR versus ELV at 9.25%.
- Does AVGO or ELV pay a bigger dividend?
- AVGO yields 0.70% and ELV yields 1.65% based on trailing dividends and the latest price.
- Is AVGO or ELV more profitable?
- AVGO runs the higher net margin — AVGO at 42.94% versus ELV at 2.47%.
- How have AVGO and ELV total returns compared?
- Over the past 10 years, AVGO delivered 39.97% and ELV delivered 14.18% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Broadcom P/E ratioElevance Health P/E ratioBroadcom dividend yieldElevance Health dividend yieldBroadcom ROEElevance Health ROEBroadcom operating marginElevance Health operating marginBroadcom revenue growthElevance Health revenue growthBroadcom free cash flowElevance Health free cash flow
Broadcom & Elevance Health appear in these rankings
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 10, 2026.