A microwave radial power divider/combiner device in which ridged waveguides structures are provided to provide adjacent-port isolation, large bandwidth, consistent cross-port phase matching, low insertion loss, and high peak and average power handling characteristics. The device includes a single rectangular input/output waveguide coupled to a bi-conical waveguide, which in turn is coupled to multiple ridged waveguides. These ridged radial waveguides are coupled to waveguide end-launches and impedance transformers located around the circumference of the device.