This study presents a broadband four‐way power combiner/divider for very high frequency (VHF) to ultra‐high frequency (UHF) bands using 0∘ hybrids and impedance transformers based on transmission lines. The 0∘ hybrids were used as in‐phase power combiners or dividers, and 1 : 4 impedance transformers were adopted to transform the impedance so that all input and output ports had a 50 Ω impedance. Each component was analysed using equivalent circuits. The overall size of the implemented four‐way power combiner/divider module was 110×163thickmathspacemnormalm2. Based on the measured S‐parameters, an ultra‐broad bandwidth from 8.0 to 600 MHz was achieved with an insertion loss <1.0 dB, reflection coefficients below −10.0 dB, isolation among the ports less than −15.0 dB, and magnitude and phase imbalances less than ±0.1 dB and 0.5∘, respectively.