Core Insights - Broadcom has returned $51 billion to investors over the past decade through dividends and buybacks, achieving a 50% year-to-date return in 2025, significantly outperforming the broader market [2] Financial Performance - Q3 2025 revenues reached $16 billion with a free cash flow of $7 billion, representing 44% of revenue; Q4 guidance is $17.4 billion, a 24% year-over-year increase driven by demand for AI semiconductors [5] - The company maintains a quarterly dividend of $0.59 per share, resulting in an annualized dividend of $2.36 and a yield of approximately 0.68%, marking 13 consecutive years of dividend increases [3] Capital Allocation - In April 2025, Broadcom's board authorized a $10 billion share repurchase program, reflecting confidence in the company's cash flow and its position in AI infrastructure and software [4] Market Position - Broadcom ranks as the 53rd largest return to shareholders in history, indicating strong management confidence in financial health and sustainable cash flow generation [7] - The company has demonstrated robust revenue growth with a last twelve months (LTM) revenue growth of 28% and a three-year average growth of 24% [12] Valuation Metrics - Broadcom trades at a P/E multiple of 88.8, with a free cash flow margin of nearly 41.6% and an operating margin of 39% LTM, indicating strong profitability [12]
AVGO Stock AI Jackpot: $51B Shareholder Returns