Broadcom Inc. (AVGO) vs Enphase Energy, Inc. (ENPH)
A side-by-side comparison of Broadcom Inc. and Enphase Energy, 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.
Different business models: AVGO is classified in Technology; ENPH is classified in Energy. 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
ENPH
Enphase Energy, Inc.
$36.35EnergyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — AVGO vs ENPH
growth of $100 · dividends reinvested · last 10yAVGO +2628.7% (+39.2%/yr)ENPH +2006.3% (+35.6%/yr)AVGO compounded faster over this window
AVGO ENPH
AVGO vs ENPH: by the numbers
- •AVGO is the larger company ($1.72T vs $4.80B market cap).
- •ENPH trades at the lower trailing earnings multiple (36.35 vs 46.23 P/E), one valuation lens rather than an overall verdict.
- •AVGO converts more revenue to profit (42.94% vs 10.09% net margin).
- •AVGO grew revenue faster over the past five years (27.42% vs 4.60% CAGR).
- •AVGO pays a dividend (0.70% yield), while ENPH has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | AVGO | ENPH |
|---|---|---|
| P/E ratio | 46.23 | 36.35 |
| Forward P/E | 31.04 | 18.19 |
| P/S ratio | 19.33 | 3.62 |
| P/B ratio | 17.28 | 4.06 |
| EV / EBITDA | 33.95 | 25.79 |
| FCF yield | 2.29% | 3.18% |
Profitability
| Metric | AVGO | ENPH |
|---|---|---|
| Gross margin | 67.66% | 46.95% |
| Operating margin | 39.89% | 8.27% |
| Net margin | 42.94% | 10.09% |
| ROE | 38.38% | 11.34% |
| ROIC | 23.99% | 3.82% |
Dividends
| Metric | AVGO | ENPH |
|---|---|---|
| Dividend yield | 0.70% | N/A |
| Payout ratio | 32.44% | N/A |
Growth (annualized)
| Metric | AVGO | ENPH |
|---|---|---|
| Revenue CAGR (5Y) | 27.42% | 4.60% |
| EPS CAGR (5Y) | 49.36% | 4.13% |
| FCF CAGR (5Y) | 24.60% | -9.69% |
| Total return CAGR (5Y) | 51.48% | -25.28% |
Frequently asked
- Which has the lower trailing P/E, AVGO or ENPH?
- ENPH has the lower trailing P/E: AVGO trades at 46.23 and ENPH at 36.35. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AVGO or ENPH?
- Over the past five years, AVGO grew revenue faster — AVGO at a 27.42% CAGR versus ENPH at 4.60%.
- Does AVGO or ENPH pay a bigger dividend?
- AVGO pays a dividend (0.70% yield), while ENPH has no payments in the available dividend history.
- Is AVGO or ENPH more profitable?
- AVGO runs the higher net margin — AVGO at 42.94% versus ENPH at 10.09%.
- How have AVGO and ENPH total returns compared?
- Over the past 10 years, AVGO delivered 40.00% and ENPH delivered 35.24% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Broadcom P/E ratioEnphase Energy P/E ratioBroadcom dividend yieldBroadcom ROEEnphase Energy ROEBroadcom operating marginEnphase Energy operating marginBroadcom revenue growthEnphase Energy revenue growthBroadcom free cash flowEnphase Energy free cash flow
Broadcom & Enphase Energy 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 13, 2026.