Broadcom Inc (AVGO)

Net profit margin

		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	Nov 3, 2019	Aug 4, 2019	May 5, 2019
Net income (ttm)	US$ in thousands	11,633,000	14,082,000	13,917,000	13,688,000	12,797,000	11,495,000	10,125,000	8,927,000	7,830,000	6,736,000	6,071,000	4,883,000	3,953,000	2,960,000	2,483,000	2,510,000	2,638,000	2,724,000	2,992,000	3,473,000
Revenue (ttm)	US$ in thousands	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	22,597,000	22,265,000	21,813,000
Net profit margin		29.93%	39.31%	39.25%	39.06%	37.19%	34.62%	31.96%	29.76%	27.47%	24.54%	22.90%	19.11%	16.01%	12.39%	10.70%	10.97%	11.64%	12.05%	13.44%	15.92%

February 4, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $11,633,000K ÷ $38,865,000K
= 29.93%

Broadcom Inc's net profit margin has exhibited fluctuations over the past few quarters. The net profit margin was at its peak of 39.31% in October 2023 before experiencing a slight decline in the subsequent quarter to 39.25%. This trend continued with a further decrease to 39.06% in April 2023.

The net profit margin saw a noticeable decrease to 16.01% in January 2021, representing a significant decline over the previous quarters. However, there was a gradual recovery in the net profit margin in the following periods, reaching 29.93% in February 2024.

Overall, the net profit margin of Broadcom Inc has displayed variability, reflecting changes in the company's profitability over the analyzed period. It is important to assess the factors driving these fluctuations to understand the company's financial performance and future prospects.