Applied Materials (AMAT) vs Broadcom (AVGO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Applied Materials (AMAT) has outperformed Broadcom (AVGO) over the past year, gaining 134.3% versus a gain of 4.2%. Over five years, AVGO leads with a +615.6% price change compared with +287.2% for AMAT. Broadcom is the larger company by market cap ($1.72 trillion vs $404.39 billion), about 4.3 times the size.
On valuation, Broadcom trades at a lower forward P/E (18.6x vs 27.6x for Applied Materials). Broadcom offers the higher dividend yield (0.72% vs 0.39%). Broadcom converts more of its revenue into profit, with a net margin of 36.2% versus 24.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AMAT | AVGO |
|---|---|---|
| Share price | $509.57 | $360.14 |
| Market cap | $404.39B | $1.72T |
| 1-day change | -2.13% | -4.35% |
| YTD return | +98.28% | +4.06% |
| 1-year return | +134.27% | +4.24% |
| 5-year return | +287.24% | +615.63% |
| P/E ratio (TTM) | 43.97 | 45.99 |
| Forward P/E | 27.58 | 18.57 |
| EPS (TTM) | $11.59 | $7.83 |
| Dividend yield | 0.39% | 0.72% |
| Annual dividend | $1.98 | $2.60 |
| Revenue (latest FY) | $28.37B | $63.89B |
| Revenue growth (YoY) | +4.39% | +23.87% |
| Net income (latest FY) | $7.00B | $23.13B |
| Gross margin | 48.67% | 67.77% |
| Operating margin | 29.22% | 39.89% |
| Net margin | 24.67% | 36.20% |
| 52-week high | $739.67 | $495.00 |
| 52-week low | $203.40 | $289.96 |
| Distance from 52-week high | -31.11% | -27.24% |
| Analyst consensus | strong_buy | strong_buy |
| Avg. price target upside | +25.39% | +47.53% |
| Average volume | 7.05M | 22.36M |
| Shares outstanding | 793.60M | 4.77B |
| Employees | 38,900 | 33,000 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Broadcom is about 4.3 times larger than Applied Materials by market value ($1.72T vs $404.39B).
- AMAT has outperformed AVGO by 130.0 percentage points over the past year.
- Broadcom is more profitable, keeping 36.2 cents of every revenue dollar as net income versus 24.7 cents for Applied Materials.
- Broadcom grew revenue faster in its latest fiscal year (+23.87% vs +4.39%).
About Applied Materials
AMAT stock →Applied Materials, Inc. provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries in the United States, China, Korea, Taiwan, Japan, Southeast Asia, Europe, and internationally.
Technology · Semiconductors · 38,900 employees
About Broadcom
AVGO stock →Broadcom Inc. designs, develops, and supplies various semiconductor devices and infrastructure software solutions internationally.
Technology · Semiconductors · 33,000 employees
AMAT vs AVGO FAQ
Which is bigger, Applied Materials or Broadcom?
Broadcom (AVGO) is larger, with a market capitalization of $1.72T compared with $404.39B for Applied Materials (AMAT).
Which stock has performed better over the past year, AMAT or AVGO?
AMAT returned +134.27% over the past 12 months, compared with +4.24% for AVGO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AMAT or AVGO?
AMAT has the lower trailing P/E at 44.0, versus 46.0 for AVGO. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Applied Materials or Broadcom?
Broadcom has the higher yield at 0.72%, compared with 0.39% for Applied Materials.
Are Applied Materials and Broadcom in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.