APPLIED MATERIALS INC /DE vs Broadcom Inc., two Semiconductors stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.
Applied Materials and Broadcom are both semiconductor heavyweights with very different models. Broadcom, designing high-value chips and selling software, keeps a 38% net margin to Applied's 27. Applied, making the equipment that fabs the chips, earns a similar 33% return on equity to Broadcom's 33 but trades cheaper, near 60 times earnings to Broadcom's 68. Broadcom carries acquisition debt; Applied is nearly clean. Broadcom is leveraged to chip designs and software, Applied to the capital spending that builds the factories.
Comparison updated 2026-06-15.
| Metric | AMAT | AVGO |
|---|---|---|
| Price | $602.31 | $400.07 |
| Market cap | $481.2B | $1.95T |
| Sector | Semiconductors | Semiconductors |
| Stage | Mature | Mature |
| P/E | 56.7 | 66.6 |
| P/B | 20.13 | 22.25 |
| P/S | 16.58 | 25.85 |
| EV/EBITDA | 56.2 | 60.8 |
| Revenue growth | +3.4% | +31.9% |
| Gross margin | 49.9% | 69.5% |
| Operating margin | 31.9% | 48.6% |
| Net margin | 27.3% | 37.8% |
| Return on equity | 33.1% | 32.5% |
| Return on assets | 19.6% | 15.9% |
| Return on invested capital | 23.8% | 19.4% |
| FCF yield | 1.1% | 1.7% |
| Dividend yield | 0.3% | 0.6% |
| Debt / equity | 0.27 | 0.77 |
| Current ratio | 2.51 | 2.24 |
| Altman Z (solvency) | 9.39 | 6.87 |
| Piotroski F (quality) | 6 / 9 | 7 / 9 |
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The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.