Broadcom vs Taiwan Semiconductor Manufacturing Co
Taiwan Semiconductor Manufacturing Co is the larger business, with $122.43bn of revenue in fiscal 2025 against $63.89bn for Broadcom (1.9 times as much). Taiwan Semiconductor Manufacturing Co grew faster (35.8% against 23.9%). Taiwan Semiconductor Manufacturing Co kept more of each dollar of sales as profit: a net margin of 44.6% against 36.2%. Taiwan Semiconductor Manufacturing Co carries less debt relative to equity (21.8% against 82.6%).
| Latest fiscal year | BroadcomAVGO, 2025 | Taiwan Semiconductor Manufacturing CoTSM, 2025 |
|---|---|---|
| Revenue | $63.89bn | $122.43bn |
| Revenue growth | 23.9% | 35.8% |
| Net income | $23.13bn | $54.56bn |
| Operating margin | 39.9% | 50.8% |
| Net margin | 36.2% | 44.6% |
| Return on equity | 31.0% | 36.4% |
| Free cash flow | $26.91bn | $32.22bn |
| Cash | $16.18bn | $88.23bn |
| Total debt | $67.12bn | $37.26bn |
| Debt to equity | 82.6% | 21.8% |
| Dividend per share | $2.36 | — |
| Dividend yield | 0.8% | 0.7% |
| Share buybacks | $2.45bn | $0 |
| Employees | 33,000 | — |
| Market value | $1.59tn | $2.10tn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 75 (Strong) | — |
| Insider trades, 12 months | 2 buys, 280 sales | 249 buys, 2 sales |