Broadcom Inc (AVGO)
Operating profit margin
| Nov 3, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Nov 1, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 13,463,000 | 16,207,000 | 14,225,000 | 8,519,000 | 4,014,000 |
| Revenue | US$ in thousands | 51,574,000 | 35,819,000 | 33,203,000 | 27,450,000 | 23,888,000 |
| Operating profit margin | 26.10% | 45.25% | 42.84% | 31.03% | 16.80% |
November 3, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $13,463,000K ÷ $51,574,000K
= 26.10%
Broadcom Inc's operating profit margin has shown fluctuations over the past five years. The operating profit margin was 26.10% in November 3, 2024, down from 45.25% in October 29, 2023, and 42.84% in October 30, 2022. This decline indicates a potential decrease in the company's ability to generate profits from its core business operations. However, the operating profit margin in November 3, 2024, is still comparatively higher than in the previous years, such as 31.03% in October 31, 2021, and 16.80% in November 1, 2020.
The decreasing trend in operating profit margin could be a cause for concern as it may suggest increasing costs or declining revenues relative to sales. Further analysis is required to understand the specific factors driving the changes in Broadcom Inc's operating profit margin and to assess the overall financial health and operational efficiency of the company.
Peer comparison
Nov 3, 2024