Question 1

What is Broadcom's P/FCF ratio?

Accepted Answer

Broadcom (AVGO) P/FCF ratio is 59.1× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Broadcom?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Broadcom specifically, the relevant sector benchmark is the current sector median of 21.8×.

Question 5

Is Broadcom's P/FCF ratio high or low?

Accepted Answer

Broadcom's P/FCF ratio of 59.1× is above its own 5-year average of 31.4× and above the sector median of 21.8×. That places the current reading at the 83th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Broadcom's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Broadcom (AVGO) P/FCF ratio has ranged from a low of 10.6× in 2020 to a high of 81.4× in 2026. The 5-year average is 31.4× and the 5-year median is 26.0×.

Question 7

What was Broadcom's P/FCF ratio in 2025?

Accepted Answer

Broadcom (AVGO) P/FCF ratio at the end of 2025 was 63.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Broadcom's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$1.72T	$26.9B	63.7×	+23.1×	Nov 2, 2025
2024	$789B	$19.4B	40.6×	+20.9×	Nov 3, 2024
2023	$347B	$17.6B	19.7×	+7.9×	Oct 29, 2023
2022	$193B	$16.3B	11.8×	-4.5×	Oct 30, 2022
2021	$218B	$13.3B	16.4×	+4.1×	Oct 31, 2021
2020	$143B	$11.6B	12.3×	-0.8×	Nov 1, 2020
2019	$121B	$9.27B	13.1×	+2.1×	Nov 3, 2019
2018	$90.7B	$8.25B	11.0×	-8.6×	Nov 4, 2018
2017	$108B	$5.48B	19.6×	-5.6×	Oct 31, 2017
2016	$67.8B	$2.69B	25.2×	+5.5×	Oct 31, 2016
2015	$34B	$1.73B	19.7×	-8.9×	Oct 31, 2015
2014	$21.9B	$766M	28.6×	+5.4×	Oct 31, 2014
2013	$11.3B	$486M	23.2×	+5.2×	Oct 31, 2013
2012	$8.12B	$452M	18.0×	+4.5×	Oct 31, 2012
2011	$8.28B	$614M	13.5×	+0.1×	Oct 31, 2011
2010	$5.76B	$431M	13.4×	-30.3×	Oct 31, 2010
2009	$3.54B	$81M	43.7×	—	Oct 31, 2009


Zebra Technologies (ZBRA)	12.2×
Skyworks Solutions (SWKS)	11.9×
Cognizant (CTSH)	11.8×
NetApp (NTAP)	11.5×
Duolingo (DUOL)	11.1×
Block (XYZ)	11.0×
QUALCOMM (QCOM)	10.8×
Leidos Holdings (LDOS)	10.8×
Workday (WDAY)	10.5×
Salesforce (CRM)	10.5×
Qorvo (QRVO)	10.4×
Adobe (ADBE)	9.8×
Accenture (ACN)	9.6×
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Gartner (IT)	8.8×
Fidelity National Information Services (FIS)	8.7×
DocuSign (DOCU)	8.0×
Gen Digital (GEN)	7.5×
Fiserv (FISV)	7.2×
Science Applications International (SAIC)	7.0×
Hewlett Packard Enterprise (HPE)	6.8×
GoDaddy (GDDY)	6.7×
HP (HPQ)	5.1×
Lyft (LYFT)	4.5×
IBM (IBM)	0.0×

P/FCF Ratio for Broadcom (AVGO) 2009-2026

P/FCF Ratio daily chart for Broadcom (AVGO)

Historical P/FCF Ratio for Broadcom (AVGO) from 2009 to 2025

About P/FCF Ratio at Broadcom (AVGO)

Broadcom P/FCF Ratio by Year

Broadcom P/FCF Ratio 2025: 63.7×

Broadcom P/FCF Ratio 2024: 40.6×

Broadcom P/FCF Ratio 2023: 19.7×

Broadcom P/FCF Ratio 2022: 11.8×

Broadcom P/FCF Ratio 2021: 16.4×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Broadcom (AVGO) Key Financials