AVGO vs QCOM
Broadcom Inc. and Qualcomm Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AVGO | QCOM |
|---|---|---|
| Revenue | $63.9B | $44.3B |
| Net income | $23.1B | $5.5B |
| Gross margin | 67.8% | 55.4% |
| Net margin | 36.2% | 12.5% |
| Return on equity | 31.0% | 23.3% |
| Diluted EPS | $4.77 | $5.01 |
| Dividend / share | $2.36 | $3.48 |
| Payout ratio | 48.2% | · |
| Free cash flow | $26.9B | $12.8B |
| Equity | · | · |
| Net debt / equity | 0.60× | 0.44× |
| Current ratio | 1.71× | 2.82× |
| Revenue CAGR 5y | 21.7% | 13.5% |
| Profit CAGR 5y | 50.9% | 1.3% |
AVGO bills 1.4× the revenue of QCOM, and keeps more of each dollar of revenue as profit (36.2% against 12.5%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AVGO | QCOM |
|---|---|---|
| FY2025 | $63.9B | $44.3B |
| FY2024 | $51.6B | $39.0B |
| FY2023 | $35.8B | $35.8B |
| FY2022 | $33.2B | $44.2B |
| FY2021 | $27.4B | $33.6B |
| FY2020 | $23.9B | $23.5B |
| FY2019 | $22.6B | $24.3B |
| FY2018 | $20.8B | $22.6B |
| FY2017 | $17.6B | $22.3B |
| FY2016 | $13.2B | $23.6B |
Bottom line
| Fiscal year | AVGO | QCOM |
|---|---|---|
| FY2025 | $23.1B | $5.5B |
| FY2024 | $5.9B | $10.1B |
| FY2023 | $14.1B | $7.2B |
| FY2022 | $11.5B | $12.9B |
| FY2021 | $6.7B | $9.0B |
| FY2020 | $3.0B | $5.2B |
| FY2019 | $2.7B | $4.4B |
| FY2018 | $12.6B | $-5.0B |
| FY2017 | $1.8B | $2.4B |
| FY2016 | $-1.7B | $5.7B |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$19,603,000,000 | AVGO |
| FY2024 | +$12,612,000,000 | AVGO |
| FY2023 | −$1,000,000 | QCOM |
| FY2022 | −$10,997,000,000 | QCOM |
| FY2021 | −$6,116,000,000 | QCOM |
| FY2020 | +$357,000,000 | AVGO |
| FY2019 | −$1,676,000,000 | QCOM |
| FY2018 | −$1,763,000,000 | QCOM |
| FY2017 | −$4,622,000,000 | QCOM |
| FY2016 | −$10,314,000,000 | QCOM |
The higher-revenue side has changed between AVGO and QCOM over this period. The gap has widened since the earliest year compared.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +23.7 pp | AVGO |
| FY2024 | −14.6 pp | QCOM |
| FY2023 | +19.1 pp | AVGO |
| FY2022 | +5.4 pp | AVGO |
| FY2021 | −2.4 pp | QCOM |
| FY2020 | −9.7 pp | QCOM |
| FY2019 | −6.0 pp | QCOM |
| FY2018 | +82.4 pp | AVGO |
| FY2017 | −0.9 pp | QCOM |
| FY2016 | −38.3 pp | QCOM |
The higher net margin has changed hands between AVGO and QCOM over this period.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AVGO's net margin has been more volatile than QCOM's over the 10 comparable fiscal years — 19.7 percentage points of standard deviation against 14.1.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between AVGO and QCOM over these 10 fiscal years — AVGO led in 4 and QCOM in 6.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
QCOM's return on equity has been more volatile than AVGO's over the 9 comparable fiscal years — 54.8 percentage points of standard deviation against 18.9.
9 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between AVGO and QCOM over these 9 fiscal years — AVGO led in 4 and QCOM in 5.
9 of 19 comparable fiscal years — a year missing data on either side is not counted.