AVGO vs. MU: Broadcom vs. Micron Technology Stock Comparison
How do Broadcom (AVGO) and Micron Technology (MU) 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 Micron Technology (MU) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.
| Profile Item | AVGO | MU |
|---|---|---|
| Name | Broadcom Inc. | Micron Technology Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Semiconductors | Semiconductors |
| Market Capitalization | 1,702.71 billion USD | 1,148.13 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | August 6, 2009 | June 1, 1984 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AVGO | MU |
|---|---|---|
| Total Return (1Y) | 17.78% | 719.76% |
| Total Return (3Y, Annualized) | 62.01% | 144.43% |
| Total Return (5Y, Annualized) | 51.19% | 69.82% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AVGO | MU |
|---|---|---|
| Volatility (1Y, Annualized) | 48.19% | 81.47% |
| Beta (5Y) | 1.46 | 2.24 |
| Max Drawdown (5Y) | -41.15% | -57.63% |
| Avg. Volume (3M) | 25.85M | 43.92M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AVGO | MU |
|---|---|---|
| Sharpe Ratio (1Y) | 0.28 | 8.78 |
| Sortino Ratio (1Y) | 0.42 | 15.06 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Micron Technology (MU) at 66.64% is the standout with ROE above its industry range; Broadcom (AVGO) at 44.25% also sits in the top quartile.
AVGO
Semiconductors & Semiconductor Equipment industry group
44.25%
- Max
- 53.94%
- AVGO
- 44.25%
- Q3
- 20.35%
- Median
- 9.12%
- Q1
- -3.10%
- Min
- -21.32%
MU
Semiconductors & Semiconductor Equipment industry group
66.64%
- MU
- 66.64%
- Max
- 53.94%
- Q3
- 20.35%
- Median
- 9.12%
- Q1
- -3.10%
- Min
- -21.32%
Net Margin (TTM)
For every dollar of sales, both Broadcom (AVGO) at 42.94% and Micron Technology (MU) at 55.91% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
AVGO
Semiconductors & Semiconductor Equipment industry group
42.94%
- Max
- 55.91%
- AVGO
- 42.94%
- Q3
- 23.05%
- Median
- 9.86%
- Q1
- 0.00%
- Min
- -34.50%
MU
Semiconductors & Semiconductor Equipment industry group
55.91%
- MU
- 55.91%
- Max
- 55.91%
- Q3
- 23.05%
- Median
- 9.86%
- Q1
- 0.00%
- Min
- -34.50%
Operating Margin (TTM)
Micron Technology (MU) at 80.37% shows unusually strong operating efficiency — above its industry’s operating margin range — and Broadcom (AVGO) at 54.31% also operates in the top quartile.
AVGO
Semiconductors & Semiconductor Equipment industry group
54.31%
- AVGO
- 54.31%
- Max
- 54.31%
- Q3
- 23.49%
- Median
- 14.56%
- Q1
- -0.14%
- Min
- -31.62%
MU
Semiconductors & Semiconductor Equipment industry group
80.37%
- MU
- 80.37%
- Max
- 54.31%
- Q3
- 23.49%
- Median
- 14.56%
- Q1
- -0.14%
- Min
- -31.62%
Profitability Metrics
| Metric | AVGO | MU |
|---|---|---|
| ROE (TTM) | 44.25% | 66.64% |
| ROA (TTM) | 15.30% | 34.87% |
| Net Margin (TTM) | 42.94% | 55.91% |
| Operating Margin (TTM) | 54.31% | 80.37% |
| Gross Margin (TTM) | 75.52% | 72.57% |
Growth
Revenue Growth
Micron Technology (MU) at 48.85% sits in the top revenue growth quartile, while Broadcom (AVGO) at 23.87% is closer to the peer norm — faster top-line expansion for MU.
EPS Growth
Both Broadcom (AVGO) at 287.80% and Micron Technology (MU) at 984.29% grew per-share earnings faster than their entire industry benchmark ranges for EPS growth — a strong showing on both sides, though a depressed base year can exaggerate the percentage, so the level of earnings matters too.
Growth Metrics
| Metric | AVGO | MU |
|---|---|---|
| Revenue Growth (YoY) | 23.87% | 48.85% |
| Revenue Growth (3Y CAGR) | 24.38% | 6.71% |
| EPS Growth (YoY) | 287.80% | 984.29% |
| EPS Growth (3Y CAGR) | 21.60% | -0.69% |
Financial Strength
Current Ratio (MRQ)
Both Broadcom (AVGO) at 2.50 and Micron Technology (MU) at 3.43 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
AVGO
Semiconductors & Semiconductor Equipment industry group
2.50
- Max
- 10.12
- Q3
- 5.49
- Median
- 3.44
- AVGO
- 2.50
- Q1
- 2.30
- Min
- 1.03
MU
Semiconductors & Semiconductor Equipment industry group
3.43
- Max
- 10.12
- Q3
- 5.49
- Median
- 3.44
- MU
- 3.43
- Q1
- 2.30
- Min
- 1.03
Debt / Equity (MRQ)
Both Broadcom (AVGO) at 0.60 and Micron Technology (MU) at 0.06 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
AVGO
Semiconductors & Semiconductor Equipment industry group
0.60
- Max
- 1.44
- Q3
- 0.65
- AVGO
- 0.60
- Median
- 0.19
- Q1
- 0.04
- Min
- 0.00
MU
Semiconductors & Semiconductor Equipment industry group
0.06
- Max
- 1.44
- Q3
- 0.65
- Median
- 0.19
- MU
- 0.06
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | AVGO | MU |
|---|---|---|
| Current Ratio (MRQ) | 2.50 | 3.43 |
| Debt / Equity (MRQ) | 0.60 | 0.06 |
| Net Debt / EBITDA | 0.68 | -0.29 |
Dividends
Dividend Yield (TTM)
Broadcom (AVGO) at 0.73% delivers top-quartile income for its industry, while Micron Technology (MU) at 0.06% pays a more typical yield — both are credible income propositions, AVGO the richer one.
AVGO
Semiconductors & Semiconductor Equipment industry group
0.73%
- Max
- 0.85%
- AVGO
- 0.73%
- Q3
- 0.36%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MU
Semiconductors & Semiconductor Equipment industry group
0.06%
- Max
- 0.85%
- Q3
- 0.36%
- MU
- 0.06%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Micron Technology (MU) at 1.12% pays out a band-typical share of earnings, while Broadcom (AVGO) at 32.40% distributes more than its industry norm — less retained, thinner cover.
AVGO
Semiconductors & Semiconductor Equipment industry group
32.40%
- Max
- 45.89%
- AVGO
- 32.40%
- Q3
- 18.55%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MU
Semiconductors & Semiconductor Equipment industry group
1.12%
- Max
- 45.89%
- Q3
- 18.55%
- MU
- 1.12%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AVGO | MU |
|---|---|---|
| Dividend Yield (TTM) | 0.73% | 0.06% |
| Dividend Payout Ratio (TTM) | 32.40% | 1.12% |
Valuation
P/E Ratio (TTM)
Micron Technology (MU) at 22.99 sits in the cheaper P/E ratio quartile, while Broadcom (AVGO) at 45.65 is closer to its industry’s usual earnings multiple — a discount for MU, though growth and earnings durability still matter.
AVGO
Semiconductors & Semiconductor Equipment industry group
45.65
- Max
- 153.66
- Q3
- 87.88
- Median
- 45.74
- AVGO
- 45.65
- Q1
- 31.84
- Min
- 10.37
MU
Semiconductors & Semiconductor Equipment industry group
22.99
- Max
- 153.66
- Q3
- 87.88
- Median
- 45.74
- Q1
- 31.84
- MU
- 22.99
- Min
- 10.37
P/S Ratio (TTM)
Micron Technology (MU) at 12.72 is priced about in line with its industry on P/S ratio, while Broadcom (AVGO) at 19.11 sits in the pricier quartile — AVGO costs more per dollar of sales.
AVGO
Semiconductors & Semiconductor Equipment industry group
19.11
- Max
- 32.20
- AVGO
- 19.11
- Q3
- 16.84
- Median
- 6.93
- Q1
- 3.28
- Min
- 0.01
MU
Semiconductors & Semiconductor Equipment industry group
12.72
- Max
- 32.20
- Q3
- 16.84
- MU
- 12.72
- Median
- 6.93
- Q1
- 3.28
- Min
- 0.01
P/B Ratio (MRQ)
Micron Technology (MU) at 11.39 is valued about in line with its industry on P/B ratio, while Broadcom (AVGO) at 17.11 carries an above-peer premium to book — AVGO is pricier on assets.
AVGO
Semiconductors & Semiconductor Equipment industry group
17.11
- Max
- 24.29
- AVGO
- 17.11
- Q3
- 11.44
- Median
- 5.33
- Q1
- 2.75
- Min
- 0.19
MU
Semiconductors & Semiconductor Equipment industry group
11.39
- Max
- 24.29
- Q3
- 11.44
- MU
- 11.39
- Median
- 5.33
- Q1
- 2.75
- Min
- 0.19
Valuation Metrics
| Metric | AVGO | MU |
|---|---|---|
| P/E Ratio (TTM) | 45.65 | 22.99 |
| P/S Ratio (TTM) | 19.11 | 12.72 |
| P/B Ratio (MRQ) | 17.11 | 11.39 |
| Free Cash Flow Yield (TTM) | 1.79% | 0.67% |