Broadcom Inc. (AVGO) vs Lam Research Corporation (LRCX)
AVGO leads on 14 of 17 compared metrics.
A side-by-side comparison of Broadcom Inc. and Lam Research Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — AVGO vs LRCX
growth of $100 · last 17yAVGO +23484.6%LRCX +12292.2%AVGO compounded faster
AVGO LRCX
AVGO vs LRCX: by the numbers
- •AVGO is the larger company ($1.82T vs $458.72B market cap).
- •AVGO trades at the lower earnings multiple (63.68 vs 69.21 P/E).
- •AVGO converts more revenue to profit (38.85% vs 30.94% net margin).
- •AVGO grew revenue faster over the past five years (24.17% vs 10.31% CAGR).
- •AVGO pays the higher dividend yield (0.65% vs 0.28%).
Which is better, AVGO or LRCX?
Metric tally: AVGO 14 · LRCX 3It depends on what you're optimizing for:
ValueAVGO(lower P/E)
GrowthAVGO(faster 5Y revenue CAGR)
IncomeAVGO(higher dividend yield)
QualityLRCX(higher ROIC)
Valuation
| Metric | AVGO | LRCX |
|---|---|---|
| P/E ratio | 63.68● | 69.21 |
| Forward P/E | 19.65● | 45.79 |
| P/S ratio | 24.69 | 21.27● |
| P/B ratio | 21.24● | 43.57 |
| PEG ratio | 0.26● | 0.54 |
| EV / EBITDA | 45.41● | 57.60 |
| FCF yield | 1.76%● | 1.40% |
Profitability
| Metric | AVGO | LRCX |
|---|---|---|
| Gross margin | 66.96%● | 49.98% |
| Operating margin | 43.66%● | 34.26% |
| Net margin | 38.85%● | 30.94% |
| ROE | 33.43% | 63.38%● |
| ROIC | 16.36% | 34.00%● |
Dividends
| Metric | AVGO | LRCX |
|---|---|---|
| Dividend yield | 0.65%● | 0.28% |
| Payout ratio | 50.51% | 24.22% |
Growth (annualized)
| Metric | AVGO | LRCX |
|---|---|---|
| Revenue CAGR (5Y) | 24.17%● | 10.31% |
| EPS CAGR (5Y) | 49.36%● | 21.72% |
| FCF CAGR (5Y) | 20.74%● | 19.28% |
| Total return CAGR (5Y) | 55.05%● | 43.19% |
Frequently asked
- Which is better, AVGO or LRCX?
- It depends on your goal. value: AVGO (lower P/E); growth: AVGO (faster 5Y revenue CAGR); income: AVGO (higher dividend yield); quality: LRCX (higher ROIC). Across all compared metrics, AVGO leads 14 to 3.
- Is AVGO or LRCX cheaper?
- On trailing earnings, AVGO is cheaper: AVGO trades at a 63.68 P/E and LRCX at 69.21.
- Which has grown faster, AVGO or LRCX?
- Over the past five years, AVGO grew revenue faster — AVGO at a 24.17% CAGR versus LRCX at 10.31%.
- Does AVGO or LRCX pay a bigger dividend?
- AVGO yields 0.65% and LRCX yields 0.28% based on trailing dividends and the latest price.
- Is AVGO or LRCX more profitable?
- AVGO runs the higher net margin — AVGO at 38.85% versus LRCX at 30.94%.
- Which has been the better investment, AVGO or LRCX?
- Over the past 10-year, LRCX delivered the higher annualized total return — AVGO at 40.78% versus LRCX at 48.10%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Broadcom P/E ratioLam Research P/E ratioBroadcom dividend yieldLam Research dividend yieldBroadcom ROELam Research ROEBroadcom operating marginLam Research operating marginBroadcom revenue growthLam Research revenue growthBroadcom free cash flowLam Research free cash flow
Broadcom & Lam Research 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 June 14, 2026.