Broadcom Inc. (AVGO) vs QUALCOMM Incorporated (QCOM)

AVGO leads on 9 of 16 compared metrics, though QCOM is the cheaper stock.

A side-by-side comparison of Broadcom Inc. and QUALCOMM Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — AVGO vs QCOM

growth of $100 · last 17y
AVGO +23197.0%QCOM +360.6%AVGO compounded faster
Log scale — wide-divergence pair
101001k10k100kStart $10020122015201820212024$23,297$461
AVGO QCOM

AVGO vs QCOM: by the numbers

  • AVGO is the larger company ($1.82T vs $223.15B market cap).
  • QCOM trades at the lower earnings multiple (22.72 vs 63.68 P/E).
  • AVGO converts more revenue to profit (38.85% vs 22.31% net margin).
  • AVGO grew revenue faster over the past five years (24.17% vs 8.63% CAGR).
  • QCOM pays the higher dividend yield (1.70% vs 0.65%).

Which is better, AVGO or QCOM?

Metric tally: AVGO 9 · QCOM 7

It depends on what you're optimizing for:

ValueQCOM(lower P/E)
GrowthAVGO(faster 5Y revenue CAGR)
IncomeQCOM(higher dividend yield)
QualityAVGO(higher ROIC)

Valuation

MetricAVGOQCOM
P/E ratio63.6822.72
Forward P/E19.6419.72
P/S ratio24.695.10
P/B ratio21.248.32
PEG ratio0.263.96
EV / EBITDA45.4117.18
FCF yield1.76%5.51%

Profitability

MetricAVGOQCOM
Gross margin66.96%54.80%
Operating margin43.66%25.52%
Net margin38.85%22.31%
ROE33.43%36.38%
ROIC16.36%13.15%

Dividends

MetricAVGOQCOM
Dividend yield0.65%1.70%
Payout ratio50.51%70.95%

Growth (annualized)

MetricAVGOQCOM
Revenue CAGR (5Y)24.17%8.63%
EPS CAGR (5Y)49.36%5.74%
FCF CAGR (5Y)20.74%9.39%
Total return CAGR (5Y)55.05%11.87%

Frequently asked

Which is better, AVGO or QCOM?
It depends on your goal. value: QCOM (lower P/E); growth: AVGO (faster 5Y revenue CAGR); income: QCOM (higher dividend yield); quality: AVGO (higher ROIC). Across all compared metrics, AVGO leads 9 to 7.
Is AVGO or QCOM cheaper?
On trailing earnings, QCOM is cheaper: AVGO trades at a 63.68 P/E and QCOM at 22.72.
Which has grown faster, AVGO or QCOM?
Over the past five years, AVGO grew revenue faster — AVGO at a 24.17% CAGR versus QCOM at 8.63%.
Does AVGO or QCOM pay a bigger dividend?
AVGO yields 0.65% and QCOM yields 1.70% based on trailing dividends and the latest price.
Is AVGO or QCOM more profitable?
AVGO runs the higher net margin — AVGO at 38.85% versus QCOM at 22.31%.
Which has been the better investment, AVGO or QCOM?
Over the past 10-year, AVGO delivered the higher annualized total return — AVGO at 40.78% versus QCOM at 17.83%. 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 June 13, 2026.