AVGO vs. TSM: Broadcom vs. TSMC Stock Comparison

September 7, 2026

How do Broadcom (AVGO) and TSMC (TSM) 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 TSMC (TSM) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

Broadcom (AVGO) trades as ordinary local shares, while TSMC (TSM) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Broadcom (AVGO) and TSMC (TSM)
Profile Item	AVGO	TSM
Name	Broadcom Inc.	Taiwan Semiconductor Manufacturing Company Ltd. ADR
Country/Region	United States	Taiwan
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	2,224.53 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	August 6, 2009	October 9, 1997
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

AVGO

TSM

GSPC

Broadcom (AVGO) vs. TSMC (TSM), 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 TSMC (TSM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Broadcom (AVGO) and TSMC (TSM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Broadcom (AVGO) and TSMC (TSM)
Metric	AVGO	TSM
Total Return (1Y)	17.78%	84.37%
Total Return (3Y, Annualized)	62.01%	68.71%
Total Return (5Y, Annualized)	51.19%	30.28%

Risk Profile

Drawdown History

AVGO

TSM

GSPC

Broadcom (AVGO) vs. TSMC (TSM), 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 TSMC (TSM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Broadcom (AVGO) and TSMC (TSM)
Metric	AVGO	TSM
Volatility (1Y, Annualized)	48.19%	40.37%
Beta (5Y)	1.46	1.38
Max Drawdown (5Y)	-41.15%	-56.47%
Avg. Volume (3M)	25.85M	13.05M

Risk-Adjusted Performance

Risk-Return Positioning

AVGO and TSM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Broadcom (AVGO) and TSMC (TSM)
Metric	AVGO	TSM
Sharpe Ratio (1Y)	0.28	1.99
Sortino Ratio (1Y)	0.42	3.10

Profitability

ROE (TTM)

Both Broadcom (AVGO) at 44.25% and TSMC (TSM) at 39.97% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

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%

TSM

Semiconductors & Semiconductor Equipment industry group

39.97%

Max: 53.94%
TSM: 39.97%
Q3: 20.35%
Median: 9.12%
Q1: -3.10%
Min: -21.32%

Broadcom (AVGO) vs. TSMC (TSM): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Broadcom (AVGO) at 42.94% and TSMC (TSM) at 49.92% 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%

TSM

Semiconductors & Semiconductor Equipment industry group

49.92%

Max: 55.91%
TSM: 49.92%
Q3: 23.05%
Median: 9.86%
Q1: 0.00%
Min: -34.50%

Broadcom (AVGO) vs. TSMC (TSM): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

TSMC (TSM) at 60.34% 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%

TSM

Semiconductors & Semiconductor Equipment industry group

60.34%

TSM: 60.34%
Max: 54.31%
Q3: 23.49%
Median: 14.56%
Q1: -0.14%
Min: -31.62%

Broadcom (AVGO) vs. TSMC (TSM): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Broadcom (AVGO) and TSMC (TSM)
Metric	AVGO	TSM
ROE (TTM)	44.25%	39.97%
ROA (TTM)	15.30%	19.00%
Net Margin (TTM)	42.94%	49.92%
Operating Margin (TTM)	54.31%	60.34%
Gross Margin (TTM)	75.52%	64.23%

Growth

Revenue Growth

TSMC (TSM) at 31.61% sits in the top revenue growth quartile, while Broadcom (AVGO) at 23.87% is closer to the peer norm — faster top-line expansion for TSM.

Broadcom (AVGO) vs. TSMC (TSM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both companies show strong earnings momentum, but Broadcom (AVGO) at 287.80% is the standout with EPS growth above its industry range; TSMC (TSM) at 46.41% also sits in the top quartile.

Broadcom (AVGO) vs. TSMC (TSM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Broadcom (AVGO) and TSMC (TSM)
Metric	AVGO	TSM
Revenue Growth (YoY)	23.87%	31.61%
Revenue Growth (3Y CAGR)	24.38%	18.94%
EPS Growth (YoY)	287.80%	46.41%
EPS Growth (3Y CAGR)	21.60%	19.12%

Financial Strength

Current Ratio (MRQ)

Both Broadcom (AVGO) at 2.50 and TSMC (TSM) at 2.46 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

TSM

Semiconductors & Semiconductor Equipment industry group

2.46

Max: 10.12
Q3: 5.49
Median: 3.44
TSM: 2.46
Q1: 2.30
Min: 1.03

Broadcom (AVGO) vs. TSMC (TSM): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Broadcom (AVGO) at 0.60 and TSMC (TSM) at 0.17 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

TSM

Semiconductors & Semiconductor Equipment industry group

0.17

Max: 1.44
Q3: 0.65
Median: 0.19
TSM: 0.17
Q1: 0.04
Min: 0.00

Broadcom (AVGO) vs. TSMC (TSM): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Broadcom (AVGO) and TSMC (TSM)
Metric	AVGO	TSM
Current Ratio (MRQ)	2.50	2.46
Debt / Equity (MRQ)	0.60	0.17
Net Debt / EBITDA	0.68	-0.77

Dividends

Dividend Yield (TTM)

Broadcom (AVGO) at 0.73% earns its spot in the top quartile of its industry’s yields; TSMC (TSM) at 6.23% 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

0.73%

Max: 0.85%
AVGO: 0.73%
Q3: 0.36%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

TSM

Semiconductors & Semiconductor Equipment industry group

6.23%

TSM: 6.23%
Max: 0.85%
Q3: 0.36%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Broadcom (AVGO) vs. TSMC (TSM): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Both Broadcom (AVGO) at 32.40% and TSMC (TSM) at 25.74% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

AVGO

Semiconductors & Semiconductor Equipment industry group

32.40%

Max: 45.89%
AVGO: 32.40%
Q3: 18.55%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

TSM

Semiconductors & Semiconductor Equipment industry group

25.74%

Max: 45.89%
TSM: 25.74%
Q3: 18.55%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Broadcom (AVGO) vs. TSMC (TSM): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Broadcom (AVGO) and TSMC (TSM)
Metric	AVGO	TSM
Dividend Yield (TTM)	0.73%	6.23%
Dividend Payout Ratio (TTM)	32.40%	25.74%

Valuation

P/E Ratio (TTM)

Both Broadcom (AVGO) at 45.65 and TSMC (TSM) at 31.84 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

45.65

Max: 153.66
Q3: 87.88
Median: 45.74
AVGO: 45.65
Q1: 31.84
Min: 10.37

TSM

Semiconductors & Semiconductor Equipment industry group

31.84

Max: 153.66
Q3: 87.88
Median: 45.74
TSM: 31.84
Q1: 31.84
Min: 10.37

Broadcom (AVGO) vs. TSMC (TSM): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

TSMC (TSM) at 0.50 looks cheap on sales in the lower P/S ratio quartile, while Broadcom (AVGO) at 19.11 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

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

TSM

Semiconductors & Semiconductor Equipment industry group

0.50

Max: 32.20
Q3: 16.84
Median: 6.93
Q1: 3.28
TSM: 0.50
Min: 0.01

Broadcom (AVGO) vs. TSMC (TSM): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Broadcom (AVGO) at 17.11 sits in the upper P/B ratio quartile, and TSMC (TSM) at 88.29 prices even higher, above its industry range.

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

TSM

Semiconductors & Semiconductor Equipment industry group

88.29

TSM: 88.29
Max: 24.29
Q3: 11.44
Median: 5.33
Q1: 2.75
Min: 0.19

Broadcom (AVGO) vs. TSMC (TSM): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Broadcom (AVGO) and TSMC (TSM)
Metric	AVGO	TSM
P/E Ratio (TTM)	45.65	31.84
P/S Ratio (TTM)	19.11	0.50
P/B Ratio (MRQ)	17.11	88.29
Free Cash Flow Yield (TTM)	1.79%	32.85%