Broadcom (AVGO) FCF Margin (2017 - 2026)
Broadcom's FCF Margin was 46.18% in fiscal Q3 2026 (quarter ended Aug 2, 2026), up 2.15 percentage points from 44.03% a year earlier but down 0.07 percentage points from the prior quarter.
Broadcom (AVGO) FCF Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Broadcom's FCF Margin was 44.22% through Aug 2, 2026, up 2.62 percentage points year-over-year; for FY2025 (ended Nov 2, 2025), it came in at 42.13%, up 4.48 percentage points from FY2024.
- FCF Margin shows a five-year change of -6.42 percentage points (FY2020 to FY2025).
- In earlier fiscal years, FCF Margin was 37.64% in FY2024 (-11.59 pp), 49.23% in FY2023 (+0.10 pp), 49.13% in FY2022 (+0.60 pp) and 48.53% in FY2021 (-0.02 pp).
- Quarterly FCF Margin has moved between 35.62% (fiscal Q2 2024) and 51.79% (fiscal Q3 2023) over five years.
- Compared with a year earlier, FCF Margin has increased for seven straight quarters, with an average year-over-year change of +1.63 percentage points over the last eight quarters.
- The best year-over-year quarter for FCF Margin over five years was fiscal Q3 2025 (a gain of 7.38 percentage points); the worst was fiscal Q3 2024 (a drop of 15.14 percentage points).
- Per Business Quant data, AVGO's FCF Margin in the three fiscal quarters before Q3 2026 was 46.25% (Q2 2026), 41.48% (Q1 2026) and 41.44% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,084.14 Bn | 4,858.30 Bn | 72.14 Bn | 22.24% |
| 2 | Taiwan Semiconductor Manufacturing | 2,168.94 Bn | 1,795.12 Bn | 27.22 Bn | 61.66% |
| 3 | Broadcom | 1,535.70 Bn | 1,461.75 Bn | 20.46 Bn | 46.18% |
| 4 | Micron Technology | 992.51 Bn | 898.15 Bn | 47.05 Bn | 60.60% |
| 5 | Advanced Micro Devices | 843.40 Bn | 800.15 Bn | 6.20 Bn | 13.51% |
| 6 | Asml Holding | 605.80 Bn | 561.49 Bn | 5.90 Bn | - |
| 7 | Intel | 438.54 Bn | 323.27 Bn | 6.51 Bn | 27.59% |
| 8 | Applied Materials | 299.38 Bn | 264.82 Bn | 4.59 Bn | 25.56% |
| 9 | Lam Research | 287.43 Bn | 263.48 Bn | 4.30 Bn | 39.42% |
| 10 | Texas Instruments | 260.14 Bn | 235.01 Bn | 3.89 Bn | 48.82% |
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 46.18% |
| May 3, 2026 | 46.25% |
| Feb 1, 2026 | 41.48% |
| Nov 2, 2025 | 41.44% |
| Aug 3, 2025 | 44.03% |
| May 4, 2025 | 42.73% |
| Feb 2, 2025 | 40.31% |
| Nov 3, 2024 | 39.01% |
| Aug 4, 2024 | 36.65% |
| May 5, 2024 | 35.62% |
| Feb 4, 2024 | 39.24% |
| Oct 29, 2023 | 50.81% |
| Jul 30, 2023 | 51.79% |
| Apr 30, 2023 | 50.15% |
| Jan 29, 2023 | 44.12% |
| Oct 30, 2022 | 49.96% |
| Jul 31, 2022 | 50.90% |
| May 1, 2022 | 51.31% |
| Jan 30, 2022 | 43.93% |
| Oct 31, 2021 | 46.62% |
Broadcom FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=AVGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "AVGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=AVGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();