AVGO vs. HPE: Broadcom vs. Hewlett Packard Enterprise Stock Comparison

November 11, 2026

How do Broadcom (AVGO) and Hewlett Packard Enterprise (HPE) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Broadcom (AVGO) and Hewlett Packard Enterprise (HPE) share the Information Technology sector but sit in different industry groups — AVGO in Semiconductors & Semiconductor Equipment and HPE in Technology Hardware & Equipment.

Company profile comparison for Broadcom (AVGO) and Hewlett Packard Enterprise (HPE)
Profile Item	AVGO	HPE
Name	Broadcom Inc.	Hewlett Packard Enterprise Company
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Semiconductors & Semiconductor Equipment	Technology Hardware & Equipment
GICS Industry	Semiconductors & Semiconductor Equipment	Technology Hardware, Storage & Peripherals
GICS Sub-Industry	Semiconductors	Technology Hardware, Storage & Peripherals
Market Capitalization	1,401.97 billion USD	59.43 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	August 6, 2009	October 19, 2015
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

AVGO

HPE

GSPC

Broadcom (AVGO) vs. Hewlett Packard Enterprise (HPE), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Broadcom (AVGO) and Hewlett Packard Enterprise (HPE). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Broadcom (AVGO) and Hewlett Packard Enterprise (HPE). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Broadcom (AVGO) and Hewlett Packard Enterprise (HPE)
Metric	AVGO	HPE
Total Return (1Y)	-8.02%	110.12%
Total Return (3Y, Annualized)	53.49%	49.38%
Total Return (5Y, Annualized)	44.26%	28.98%

Risk Profile

Drawdown History

AVGO

HPE

GSPC

Broadcom (AVGO) vs. Hewlett Packard Enterprise (HPE), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Broadcom (AVGO) and Hewlett Packard Enterprise (HPE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Broadcom (AVGO) and Hewlett Packard Enterprise (HPE)
Metric	AVGO	HPE
Volatility (1Y, Annualized)	48.06%	61.60%
Beta (5Y)	1.50	1.49
Max Drawdown (5Y)	-41.15%	-48.36%
Avg. Volume (3M)	23.75M	20.47M

Risk-Adjusted Performance

Risk-Return Positioning

AVGO and HPE are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Broadcom (AVGO) and Hewlett Packard Enterprise (HPE)
Metric	AVGO	HPE
Sharpe Ratio (1Y)	-0.26	1.72
Sortino Ratio (1Y)	-0.35	2.76

Profitability

ROE (TTM)

Broadcom (AVGO) at 44.25% sits in the top ROE quartile, while Hewlett Packard Enterprise (HPE) at 10.94% is closer to the peer norm — stronger capital efficiency for AVGO.

AVGO

Semiconductors & Semiconductor Equipment industry group

44.25%

Max: 52.82%
AVGO: 44.25%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

HPE

Technology Hardware & Equipment industry group

10.94%

Max: 42.47%
Q3: 19.13%
Median: 11.00%
HPE: 10.94%
Q1: 1.63%
Min: -20.62%

Broadcom (AVGO) vs. Hewlett Packard Enterprise (HPE): A comparison of their ROE against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Net Margin (TTM)

Broadcom (AVGO) at 42.94% retains a top-quartile share of revenue as profit, ahead of Hewlett Packard Enterprise (HPE) at 6.67%, which keeps about the industry-typical share.

AVGO

Semiconductors & Semiconductor Equipment industry group

42.94%

Max: 63.80%
AVGO: 42.94%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

HPE

Technology Hardware & Equipment industry group

6.67%

Max: 27.60%
Q3: 11.66%
HPE: 6.67%
Median: 4.08%
Q1: 0.00%
Min: -11.02%

Broadcom (AVGO) vs. Hewlett Packard Enterprise (HPE): A comparison of their net margin against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Operating Margin (TTM)

Broadcom (AVGO) at 54.31% operates in the top operating margin quartile, ahead of Hewlett Packard Enterprise (HPE) at 12.56%, which runs around its industry’s norm.

AVGO

Semiconductors & Semiconductor Equipment industry group

54.31%

Max: 58.66%
AVGO: 54.31%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

HPE

Technology Hardware & Equipment industry group

12.56%

Max: 36.27%
Q3: 18.36%
HPE: 12.56%
Median: 8.84%
Q1: 1.46%
Min: -21.39%

Broadcom (AVGO) vs. Hewlett Packard Enterprise (HPE): A comparison of their operating margin against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Profitability Metrics

Profitability metrics for Broadcom (AVGO) and Hewlett Packard Enterprise (HPE)
Metric	AVGO	HPE
ROE (TTM)	44.25%	10.94%
ROA (TTM)	15.37%	2.64%
Net Margin (TTM)	42.94%	6.67%
Operating Margin (TTM)	54.31%	12.56%
Gross Margin (TTM)	75.52%	36.62%

Growth

Revenue Growth

Both Broadcom (AVGO) at 23.87% and Hewlett Packard Enterprise (HPE) at 13.84% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Broadcom (AVGO) vs. Hewlett Packard Enterprise (HPE): A comparison of their Revenue Growth across different time periods.

EPS Growth

Broadcom (AVGO) at 287.80% delivers above-range EPS growth, while Hewlett Packard Enterprise (HPE) at -102.07% falls into the bottom quartile — a wide split in earnings momentum.

Broadcom (AVGO) vs. Hewlett Packard Enterprise (HPE): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Broadcom (AVGO) and Hewlett Packard Enterprise (HPE)
Metric	AVGO	HPE
Revenue Growth (YoY)	23.87%	13.84%
Revenue Growth (3Y CAGR)	24.38%	6.37%
EPS Growth (YoY)	287.80%	-102.07%
EPS Growth (3Y CAGR)	21.60%	--

Financial Strength

Current Ratio (MRQ)

Broadcom (AVGO) at 2.50 keeps current ratio within its industry’s typical mid-range, while Hewlett Packard Enterprise (HPE) at 1.11 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for HPE.

AVGO

Semiconductors & Semiconductor Equipment industry group

2.50

Max: 10.33
Q3: 5.62
Median: 3.33
AVGO: 2.50
Q1: 2.35
Min: 1.03

HPE

Technology Hardware & Equipment industry group

1.11

Max: 5.34
Q3: 3.02
Median: 1.95
Q1: 1.32
HPE: 1.11
Min: 0.17

Broadcom (AVGO) vs. Hewlett Packard Enterprise (HPE): A comparison of their current ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Debt / Equity (MRQ)

Both Broadcom (AVGO) at 0.60 and Hewlett Packard Enterprise (HPE) at 0.76 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

AVGO

Semiconductors & Semiconductor Equipment industry group

0.60

Max: 1.46
Q3: 0.65
AVGO: 0.60
Median: 0.27
Q1: 0.04
Min: 0.00

HPE

Technology Hardware & Equipment industry group

0.76

Max: 1.76
Q3: 0.78
HPE: 0.76
Median: 0.24
Q1: 0.04
Min: 0.01

Broadcom (AVGO) vs. Hewlett Packard Enterprise (HPE): A comparison of their debt-to-equity ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for Broadcom (AVGO) and Hewlett Packard Enterprise (HPE)
Metric	AVGO	HPE
Current Ratio (MRQ)	2.50	1.11
Debt / Equity (MRQ)	0.60	0.76
Net Debt / EBITDA	0.68	2.05

Dividends

Dividend Yield (TTM)

Broadcom (AVGO) at 0.89% earns its spot in the top quartile of its industry’s yields; Hewlett Packard Enterprise (HPE) at 1.26% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.

AVGO

Semiconductors & Semiconductor Equipment industry group

0.89%

Max: 1.37%
AVGO: 0.89%
Q3: 0.65%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

HPE

Technology Hardware & Equipment industry group

1.26%

HPE: 1.26%
Max: 0.73%
Q3: 0.31%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Broadcom (AVGO) vs. Hewlett Packard Enterprise (HPE): A comparison of their dividend yield against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Dividend Payout Ratio (TTM)

Both Broadcom (AVGO) at 32.44% and Hewlett Packard Enterprise (HPE) at 28.74% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

AVGO

Semiconductors & Semiconductor Equipment industry group

32.44%

Max: 49.64%
AVGO: 32.44%
Q3: 21.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

HPE

Technology Hardware & Equipment industry group

28.74%

Max: 32.27%
HPE: 28.74%
Q3: 14.48%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Broadcom (AVGO) vs. Hewlett Packard Enterprise (HPE): A comparison of their payout ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Dividend Metrics

Dividend metrics for Broadcom (AVGO) and Hewlett Packard Enterprise (HPE)
Metric	AVGO	HPE
Dividend Yield (TTM)	0.89%	1.26%
Dividend Payout Ratio (TTM)	32.44%	28.74%

Valuation

P/E Ratio (TTM)

Both Broadcom (AVGO) at 37.51 and Hewlett Packard Enterprise (HPE) at 23.08 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

AVGO

Semiconductors & Semiconductor Equipment industry group

37.51

Max: 110.34
Q3: 66.81
AVGO: 37.51
Median: 37.02
Q1: 23.96
Min: 8.12

HPE

Technology Hardware & Equipment industry group

23.08

Max: 69.48
Q3: 41.02
Median: 26.39
HPE: 23.08
Q1: 19.36
Min: 6.07

Broadcom (AVGO) vs. Hewlett Packard Enterprise (HPE): A comparison of their P/E ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

P/S Ratio (TTM)

Hewlett Packard Enterprise (HPE) at 1.42 is priced about in line with its industry on P/S ratio, while Broadcom (AVGO) at 15.73 sits in the pricier quartile — AVGO costs more per dollar of sales.

AVGO

Semiconductors & Semiconductor Equipment industry group

15.73

Max: 21.42
AVGO: 15.73
Q3: 12.27
Median: 5.76
Q1: 2.73
Min: 0.00

HPE

Technology Hardware & Equipment industry group

1.42

Max: 11.30
Q3: 5.82
Median: 2.56
HPE: 1.42
Q1: 1.05
Min: 0.00

Broadcom (AVGO) vs. Hewlett Packard Enterprise (HPE): A comparison of their P/S ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

P/B Ratio (MRQ)

Hewlett Packard Enterprise (HPE) at 2.24 is valued about in line with its industry on P/B ratio, while Broadcom (AVGO) at 14.06 carries an above-peer premium to book — AVGO is pricier on assets.

AVGO

Semiconductors & Semiconductor Equipment industry group

14.06

AVGO: 14.06
Max: 14.06
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

HPE

Technology Hardware & Equipment industry group

2.24

Max: 10.75
Q3: 5.52
Median: 3.17
HPE: 2.24
Q1: 1.79
Min: 0.33

Broadcom (AVGO) vs. Hewlett Packard Enterprise (HPE): A comparison of their P/B ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Valuation Metrics

Valuation metrics for Broadcom (AVGO) and Hewlett Packard Enterprise (HPE)
Metric	AVGO	HPE
P/E Ratio (TTM)	37.51	23.08
P/S Ratio (TTM)	15.73	1.42
P/B Ratio (MRQ)	14.06	2.24
Free Cash Flow Yield (TTM)	2.18%	7.97%