Broadcom Inc. (AVGO) Key Metrics

NASDAQ: AVGOValuation, returns, debt and efficiency ratios over 10 years.

AVGO valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$1.57T
Enterprise value
$1.78T
P/E (TTM)
43.3
10-yr median 45.0
Forward P/E
19.4
PEG ratio
0.36
Price / sales
17.6
10-yr median 6.2
Price / book
17.5
10-yr median 7.5
EV / EBITDA
33.9
10-yr median 17.1
Dividend yield
0.79%
$2.60 a year
Beta
1.48

AVGO key metrics, FY2016–FY2025

Fiscal year ended October 31, 2025 · U.S. dollars

AVGO valuation Price multiples at each fiscal year-end price.

P/E ratio−43.6%
77.6
FY2025 · hover or tap a bar for each year
FY2017: 65.7FY2018: 7.9 (−88.0%)FY2019: 45.0 (+473.3%)FY2020: 49.7 (+10.4%)FY2021: 33.9 (−31.9%)FY2022: 17.3 (−48.9%)FY2023: 25.5 (+47.5%)FY2024: 137.6 (+439.4%)FY2025: 77.6 (−43.6%)
FY2016FY2025
Price / sales+78.5%
28.1
FY2025 · hover or tap a bar for each year
FY2016: 4.9 (−2.8%)FY2017: 6.3 (+27.9%)FY2018: 4.6 (−26.7%)FY2019: 5.4 (+17.5%)FY2020: 6.2 (+13.5%)FY2021: 8.3 (+34.8%)FY2022: 6.0 (−27.9%)FY2023: 10.0 (+67.5%)FY2024: 15.7 (+56.8%)FY2025: 28.1 (+78.5%)
FY2016FY2025
Price / book+84.1%
22.1
FY2025 · hover or tap a bar for each year
FY2016: 3.0 (−59.4%)FY2017: 4.8 (+60.7%)FY2018: 3.6 (−24.6%)FY2019: 4.9 (+36.0%)FY2020: 6.2 (+25.3%)FY2021: 9.1 (+48.2%)FY2022: 8.8 (−4.1%)FY2023: 15.0 (+71.0%)FY2024: 12.0 (−20.0%)FY2025: 22.1 (+84.1%)
FY2016FY2025
EV / EBITDA+45.8%
53.1
FY2025 · hover or tap a bar for each year
FY2016: 30.1 (+114.8%)FY2017: 16.8 (−44.3%)FY2018: 11.9 (−29.3%)FY2019: 15.9 (+34.2%)FY2020: 16.2 (+2.0%)FY2021: 17.4 (+7.2%)FY2022: 11.8 (−32.2%)FY2023: 18.7 (+58.5%)FY2024: 36.4 (+94.7%)FY2025: 53.1 (+45.8%)
FY2016FY2025
Price / free cash flow+59.5%
66.6
FY2025 · hover or tap a bar for each year
FY2016: 24.3 (+21.0%)FY2017: 20.3 (−16.5%)FY2018: 11.7 (−42.4%)FY2019: 13.2 (+13.4%)FY2020: 12.7 (−4.2%)FY2021: 17.1 (+34.9%)FY2022: 12.2 (−28.8%)FY2023: 20.4 (+67.1%)FY2024: 41.8 (+105.1%)FY2025: 66.6 (+59.5%)
FY2016FY2025
Free cash flow yield−0.9 pts
1.5%
FY2025 · hover or tap a bar for each year
FY2016: 4.1% (−0.9 pts)FY2017: 4.9% (+0.8 pts)FY2018: 8.6% (+3.6 pts)FY2019: 7.6% (−1.0 pts)FY2020: 7.9% (+0.3 pts)FY2021: 5.8% (−2.0 pts)FY2022: 8.2% (+2.4 pts)FY2023: 4.9% (−3.3 pts)FY2024: 2.4% (−2.5 pts)FY2025: 1.5% (−0.9 pts)
FY2016FY2025

AVGO valuation history

Fiscal year-endToday10-year median

AVGO returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

AVGO debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

AVGO cash returned to shareholders

DividendsBuybacksFree cash flow

AVGO price vs earnings per share

Share price at year-endEPS (right axis)

AVGO key metrics

FY2016–FY2025
Broadcom Inc. key metrics by fiscal year
FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Valuation
Market capitalization$1.79T$811.16B$359.26B$198.86B$228.09B$147.19B$122.70B$96.32B$111.11B$65.22B
Enterprise value$1.84T$869.38B$384.30B$225.96B$255.65B$180.64B$150.45B$109.53B$117.45B$75.76B
P/E ratio77.6137.625.517.333.949.745.07.965.7—
Price / sales28.115.710.06.08.36.25.44.66.34.9
Price / book22.112.015.08.89.16.24.93.64.83.0
Price / free cash flow66.641.820.412.217.112.713.211.720.324.3
Price / operating cash flow65.140.619.911.916.612.212.710.817.019.1
EV / sales28.816.910.76.89.37.66.75.36.75.7
EV / EBITDA53.136.418.711.817.416.215.911.916.830.1
EV / free cash flow68.544.821.813.919.215.616.213.321.428.2
Earnings yield1.3%0.7%3.9%5.8%3.0%2.0%2.2%12.7%1.5%−2.7%
Free cash flow yield1.5%2.4%4.9%8.2%5.8%7.9%7.6%8.6%4.9%4.1%
Dividend yield0.6%1.2%2.1%3.5%2.7%3.8%3.5%3.1%1.5%1.2%
Shareholder yield (dividends + buybacks)1.0%2.7%4.3%7.8%3.3%4.3%8.7%10.6%1.5%1.2%
Share price at fiscal year-end$369.63$169.77$84.14$47.01$53.17$34.96$29.29$22.35$26.39$17.03
Per share
Revenue per share$13.16$10.79$8.39$7.85$6.40$5.67$5.39$4.84$4.19$3.46
Earnings per share$4.77$1.23$3.30$2.72$1.57$0.70$0.65$2.84$0.40−$0.45
Operating cash flow per share$5.67$4.18$4.24$3.96$3.21$2.86$2.31$2.06$1.56$0.89
Free cash flow per share$5.55$4.06$4.13$3.86$3.11$2.75$2.21$1.91$1.30$0.70
Cash per share$3.33$1.96$3.32$2.94$2.84$1.81$1.21$1.00$2.66$0.81
Book value per share$16.75$14.16$5.62$5.37$5.82$5.68$5.96$6.18$5.51$5.71
Tangible book value per share−$10.05−$14.81−$5.51−$6.62−$6.95−$8.63−$6.99−$2.56−$2.93−$4.68
Dividends per share$2.30$2.05$1.79$1.66$1.45$1.31$1.01$0.70$0.39$0.20
Capex per share$0.13$0.11$0.11$0.10$0.10$0.11$0.10$0.15$0.25$0.19
Debt per share$13.42$14.14$9.19$9.34$9.26$9.75$7.83$4.06$4.17$3.56
Shares outstanding4.85B4.78B4.27B4.23B4.29B4.21B4.19B4.31B4.21B3.83B
Change in shares outstanding+1.6%+11.9%+0.9%−1.4%+1.9%+0.5%−2.8%+2.4%+9.9%+36.3%
Returns & profitability
Return on equity (ROE)31.0%12.9%60.3%48.2%27.6%12.1%10.6%49.2%7.5%−13.1%
Return on invested capital (ROIC)19.9%9.6%30.6%25.7%15.4%7.3%7.4%14.8%7.5%−1.6%
Return on assets (ROA)13.7%4.9%19.3%15.4%8.9%4.1%4.6%23.5%3.2%−5.7%
Return on tangible assets56.4%21.7%55.6%51.0%32.5%18.8%20.6%98.5%9.0%−17.1%
Free cash flow margin42.1%37.6%49.2%49.1%48.5%48.6%41.0%39.5%31.1%20.3%
Income quality (OCF / net income)1.193.391.281.462.044.073.560.723.87—
Financial health
Total debt$65.14B$67.57B$39.23B$39.52B$39.73B$41.06B$32.80B$17.49B$17.55B$13.64B
Cash & short-term investments$16.18B$9.35B$14.19B$12.42B$12.16B$7.62B$5.05B$4.29B$11.20B$3.10B
Net debt$48.96B$58.22B$25.04B$27.10B$27.57B$33.44B$27.74B$13.20B$6.34B$10.54B
Debt / equity0.801.001.641.741.591.721.310.660.760.62
Debt / assets0.380.410.540.540.530.540.490.350.320.27
Net debt / EBITDA1.412.441.221.411.883.012.941.430.914.19
Current ratio1.711.172.822.622.641.871.443.906.262.31
Quick ratio1.581.072.562.352.431.711.313.415.681.86
Interest coverage7.93.410.08.24.52.32.48.25.2-0.7
Working capital$13.06B$2.90B$13.44B$11.45B$10.30B$5.52B$3.02B$6.77B$13.29B$4.05B
Invested capital$130.25B$125.90B$49.03B$49.81B$52.56B$57.34B$52.71B$39.86B$29.53B$32.42B
Tangible asset value−$48.78B−$70.78B−$23.53B−$28.02B−$29.84B−$36.33B−$29.30B−$11.02B−$12.35B−$17.92B
Net current asset value−$58.23B−$78.37B−$28.03B−$32.04B−$33.99B−$40.14B−$32.61B−$14.36B−$15.41B−$20.96B
Graham number$42.38$19.83$20.42$18.12$14.35$9.48$9.34$19.90$7.06—
Graham net-net per share−$13.06−$17.37−$7.35−$8.26−$8.44−$10.02−$8.25−$3.74−$4.15−$5.92
Capital allocation
Dividends paid$11.14B$9.81B$7.64B$7.03B$6.21B$5.53B$4.24B$3.00B$1.65B$750.0M
Share buybacks (net)$6.31B$12.39B$7.68B$8.46B$1.30B$765.0M$6.41B$7.26B$0$0
Dividend payout ratio48.2%166.5%54.3%61.2%92.2%187.0%155.5%24.5%97.7%—
Dividends + buybacks / free cash flow64.8%114.4%86.9%94.9%56.4%54.3%114.9%124.4%30.2%27.9%
Capex / revenue1.0%1.1%1.3%1.3%1.6%1.9%1.9%3.0%6.1%5.5%
Capex / operating cash flow2.3%2.7%2.5%2.5%3.2%3.8%4.5%7.2%16.3%21.2%
Capex / depreciation0.070.050.120.090.070.070.070.160.230.24
Stock-based compensation / revenue11.8%11.1%6.1%4.6%6.2%8.3%9.7%5.9%5.2%5.1%
R&D / revenue17.2%18.1%14.7%14.8%17.7%20.8%20.8%18.1%18.7%20.2%
SG&A / revenue6.6%9.6%4.4%4.2%4.9%8.1%7.6%5.1%4.5%6.1%
Efficiency
Days sales outstanding52.833.631.127.629.042.453.250.547.944.1
Days of inventory on hand35.735.062.752.939.633.036.146.456.948.1
Days payables outstanding28.627.536.234.233.129.830.134.647.347.0
Cash conversion cycle (days)60.041.157.646.335.545.759.262.457.545.3
Receivables turnover6.9110.8711.7213.2012.578.606.867.227.628.28
Payables turnover12.7813.2810.0810.6611.0412.2712.1410.567.727.77
Inventory turnover10.2210.425.826.909.2211.0510.127.876.417.59
Asset turnover0.380.430.490.450.360.330.380.400.340.44
Average receivables$9.24B$4.74B$3.06B$2.51B$2.18B$2.78B$3.29B$2.89B$2.31B$1.60B
Average payables$1.61B$1.44B$1.10B$1.04B$961.0M$845.5M$833.0M$958.0M$1.18B$939.0M
Average inventory$2.02B$1.83B$1.91B$1.61B$1.15B$938.5M$999.0M$1.29B$1.42B$962.0M
Intangibles / total assets76.0%83.6%65.2%69.3%72.5%79.3%80.4%75.2%65.3%79.7%

Computed from AVGO's annual financial statements (latest annual report filed December 18, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

AVGO valuation and financial ratios

At the end of fiscal 2025 (October 31, 2025), Broadcom traded at 77.6 times earnings, against a 10-year median of 45.0. Based on the latest twelve months, the trailing P/E is 43.3 and the forward P/E is 19.4. Broadcom earned a return on equity of 31.0% and a return on invested capital of 19.9% in fiscal 2025. It ended the year with $65.1 billion of debt and $16.2 billion in cash and short-term investments, net debt of $49.0 billion. It returned $17.5 billion to shareholders: $11.1 billion in dividends and $6.3 billion in share buybacks, 65% of free cash flow. The share count rose 26.7% from 3.83B to 4.85B over 9 years.

See the AVGO income statement, the AVGO chart for price history, or the AVGO stock overview for the latest quote and news.

AVGO key metrics FAQ

What is Broadcom's P/E ratio?

Broadcom's trailing P/E ratio is 43.3 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 19.4. At the end of fiscal 2025 it was 77.6, compared with a 10-year median of 45.0.

What is Broadcom's EV/EBITDA?

Broadcom's enterprise value was 53.1 times EBITDA at the end of fiscal 2025 (enterprise value $1.84 trillion, EBITDA $34.7 billion); the current EV/EBITDA is 33.9.

What is Broadcom's return on equity?

Broadcom's return on equity (ROE) was 31.0% in fiscal 2025: net income of $23.1 billion on average shareholders' equity of $74.5 billion.

What is Broadcom's ROIC?

Broadcom's return on invested capital was 19.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Broadcom have?

Broadcom had total debt of $65.1 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.80 and $49.0 billion of net debt (1.41 times EBITDA).

What is Broadcom's dividend yield?

Broadcom's forward dividend yield is 0.79%. Broadcom paid $11.1 billion in dividends in fiscal 2025 ($2.30 per share), a payout ratio of 48.2%.

Does Broadcom buy back its shares?

Yes. Broadcom spent $6.3 billion on net share repurchases in fiscal 2025 Shares outstanding changed +1.6% over the year, to 4.85B..

What is Broadcom's free cash flow yield?

Broadcom generated $26.9 billion of free cash flow in fiscal 2025, a free cash flow yield of 1.5% on its market value at year-end ($1.79 trillion).

What is Broadcom's current ratio?

Broadcom's current ratio was 1.71 at the end of fiscal 2025: current assets were 1.71 times current liabilities.

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