Broadcom Inc (AVGO)
Gross profit margin
| Nov 3, 2024 | Aug 4, 2024 | May 5, 2024 | Feb 4, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 32,509,000 | 29,914,000 | 27,722,000 | 26,061,000 | 24,690,000 | 24,209,000 | 23,726,000 | 23,050,000 | 22,095,000 | 20,807,000 | 19,323,000 | 17,941,000 | 16,844,000 | 15,953,000 | 15,072,000 | 14,204,000 | 13,516,000 | 12,921,000 | 12,639,000 | 12,539,000 |
| Revenue (ttm) | US$ in thousands | 51,574,000 | 46,815,000 | 42,619,000 | 38,865,000 | 35,819,000 | 35,454,000 | 35,042,000 | 34,412,000 | 33,203,000 | 31,680,000 | 29,994,000 | 28,501,000 | 27,450,000 | 26,510,000 | 25,553,000 | 24,685,000 | 23,888,000 | 23,197,000 | 22,891,000 | 22,666,000 |
| Gross profit margin | 63.03% | 63.90% | 65.05% | 67.06% | 68.93% | 68.28% | 67.71% | 66.98% | 66.55% | 65.68% | 64.42% | 62.95% | 61.36% | 60.18% | 58.98% | 57.54% | 56.58% | 55.70% | 55.21% | 55.32% |
November 3, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $32,509,000K ÷ $51,574,000K
= 63.03%
Broadcom Inc's gross profit margin has shown a generally decreasing trend over the past two years, starting at 55.32% in February 2020 and decreasing to 63.03% in November 2024. However, it's worth noting that there have been fluctuations in the margin over this period, with some quarters showing slight increases. The company's margin peaked at 68.93% in October 2023 but has since been gradually declining. Overall, while Broadcom Inc has maintained relatively healthy gross profit margins above 60% during most quarters, the decreasing trend suggests a need for monitoring cost management and pricing strategies to sustain profitability.
Peer comparison
Nov 3, 2024