AVGO vs ON
Broadcom (AVGO) and ON Semiconductor (ON) compared side by side. Broadcom (AVGO) is larger, with a market cap of $1.5T versus $28.1B for ON Semiconductor, about 54.6 times the size. On trailing earnings, AVGO is cheaper at 42.9x versus 46.6x for ON.
Head to head
| Metric | AVGO | ON |
|---|---|---|
| Market cap | $1.5T | $28.1B |
| P/E (TTM) | 42.9x | 46.6x |
| Forward P/E | 16.6x | 15.8x |
| Revenue (TTM) | $89.1B | $6.2B |
| Revenue growth | 85.5% | 9.2% |
| Gross margin | 75.5% | 42.8% |
| Operating margin | 54.3% | 19.5% |
| Free cash flow | $39.4B | $1.5B |
| Dividend yield | 0.81% | None |
| 1-year return | -5.9% | +39.5% |
| 5-year return (annual) | +46.8% | +9.5% |
| Max drawdown | -48% | -96% |
| FI Handbook grade | B | B- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
AVGO vs ON FAQ
Which is bigger, AVGO or ON?
Broadcom (AVGO) is larger, with a market cap of $1.5T versus $28.1B for ON Semiconductor, about 54.6 times the size.
Is AVGO or ON cheaper?
On trailing earnings, AVGO is cheaper at 42.9x versus 46.6x for ON. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, AVGO or ON?
ON returned +39.5% over the past year including dividends, versus -5.9% for AVGO, through October 23, 2026.
Which pays a higher dividend, AVGO or ON?
AVGO yields 0.81%; ON does not pay a dividend.
Full pages: Broadcom · ON Semiconductor