Broadcom Inc. (AVGO) vs Taiwan Semiconductor Manufacturing Company Limited (TSM)
A side-by-side comparison of Broadcom Inc. and Taiwan Semiconductor Manufacturing Company Limited 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.
AVGO
Broadcom Inc.
$361.99TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
TSM
Taiwan Semiconductor Manufacturing Company Limited
$433.24TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — AVGO vs TSM
growth of $100 · dividends reinvested · last 10yAVGO +2580.2% (+38.9%/yr)TSM +1624.5% (+32.9%/yr)AVGO compounded faster over this window
AVGO TSM
AVGO vs TSM: by the numbers
- •TSM is the larger company ($2.25T vs $1.72T market cap).
- •TSM trades at the lower trailing earnings multiple (31.37 vs 46.23 P/E), one valuation lens rather than an overall verdict.
- •TSM converts more revenue to profit (50.32% vs 42.94% net margin).
- •AVGO grew revenue faster over the past five years (27.42% vs 22.50% CAGR).
- •TSM pays the higher dividend yield (0.82% vs 0.70%).
Metrics side by side
Valuation
| Metric | AVGO | TSM |
|---|---|---|
| P/E ratio | 46.23 | 31.37 |
| Forward P/E | 31.17 | N/A |
| P/S ratio | 19.33 | 15.88 |
| P/B ratio | 17.28 | 11.14 |
| EV / EBITDA | 33.95 | 21.58 |
| FCF yield | 2.29% | 1.68% |
Profitability
| Metric | AVGO | TSM |
|---|---|---|
| Gross margin | 67.66% | 64.17% |
| Operating margin | 39.89% | 55.97% |
| Net margin | 42.94% | 50.32% |
| ROE | 38.38% | 35.29% |
| ROIC | 23.99% | 27.56% |
Dividends
| Metric | AVGO | TSM |
|---|---|---|
| Dividend yield | 0.70% | 0.82% |
| Payout ratio | 32.44% | 25.31% |
Growth (annualized)
| Metric | AVGO | TSM |
|---|---|---|
| Revenue CAGR (5Y) | 27.42% | 22.50% |
| EPS CAGR (5Y) | 49.36% | 25.67% |
| FCF CAGR (5Y) | 24.60% | 33.46% |
| Total return CAGR (5Y) | 51.41% | 30.04% |
Frequently asked
- Which has the lower trailing P/E, AVGO or TSM?
- TSM has the lower trailing P/E: AVGO trades at 46.23 and TSM at 31.37. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AVGO or TSM?
- Over the past five years, AVGO grew revenue faster — AVGO at a 27.42% CAGR versus TSM at 22.50%.
- Does AVGO or TSM pay a bigger dividend?
- AVGO yields 0.70% and TSM yields 0.82% based on trailing dividends and the latest price.
- Is AVGO or TSM more profitable?
- TSM runs the higher net margin — AVGO at 42.94% versus TSM at 50.32%.
- How have AVGO and TSM total returns compared?
- Over the past 10 years, AVGO delivered 39.97% and TSM delivered 33.49% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Broadcom P/E ratioTaiwan Semiconductor Manufacturing P/E ratioBroadcom dividend yieldTaiwan Semiconductor Manufacturing dividend yieldBroadcom ROETaiwan Semiconductor Manufacturing ROEBroadcom operating marginTaiwan Semiconductor Manufacturing operating marginBroadcom revenue growthTaiwan Semiconductor Manufacturing revenue growthBroadcom free cash flowTaiwan Semiconductor Manufacturing free cash flow
Broadcom & Taiwan Semiconductor Manufacturing 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.