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 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; ENPH is classified in Energy. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnAVGO vs ENPH

growth of $100 · dividends reinvested · last 14y
AVGO +13519.4%ENPH +439.2%AVGO compounded faster
Log scale — wide-divergence pair
1101001k10k100kStart $1002015201820212024$13,619$539
AVGO ENPH

AVGO vs ENPH: by the numbers

  • AVGO is the larger company ($1.81T vs $4.79B market cap).
  • ENPH trades at the lower trailing earnings multiple (37.63 vs 63.87 P/E), one valuation lens rather than an overall verdict.
  • AVGO converts more revenue to profit (38.85% vs 9.64% net margin).
  • AVGO grew revenue faster over the past five years (24.17% vs 9.96% CAGR).
  • AVGO pays a dividend (0.66% yield), while ENPH has no payments in the available dividend history.

Metrics side by side

Valuation

MetricAVGOENPH
P/E ratio63.8737.63
Forward P/E33.0618.71
P/S ratio24.763.57
P/B ratio21.314.53
PEG ratio0.260.34
EV / EBITDA45.9029.20
FCF yield1.75%2.91%

Profitability

MetricAVGOENPH
Gross margin66.96%44.23%
Operating margin43.66%6.81%
Net margin38.85%9.64%
ROE33.43%12.25%
ROIC16.36%4.79%

Dividends

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

Growth (annualized)

MetricAVGOENPH
Revenue CAGR (5Y)24.17%9.96%
EPS CAGR (5Y)49.36%4.13%
FCF CAGR (5Y)20.74%-8.47%
Total return CAGR (5Y)54.69%-27.52%

Frequently asked

Which has the lower trailing P/E, AVGO or ENPH?
ENPH has the lower trailing P/E: AVGO trades at 63.87 and ENPH at 37.63. 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 24.17% CAGR versus ENPH at 9.96%.
Does AVGO or ENPH pay a bigger dividend?
AVGO pays a dividend (0.66% 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 38.85% versus ENPH at 9.64%.
How have AVGO and ENPH total returns compared?
Over the past 10 years, AVGO delivered 40.40% and ENPH delivered 35.05% 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.