Broadcom Inc (AVGO)
Operating 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating income (ttm) | US$ in thousands | 13,463,000 | 13,076,000 | 13,144,000 | 14,187,000 | 16,207,000 | 15,953,000 | 15,834,000 | 15,220,000 | 14,225,000 | 12,820,000 | 11,209,000 | 9,790,000 | 8,519,000 | 7,464,000 | 6,346,000 | 5,137,000 | 4,014,000 | 3,542,000 | 3,399,000 | 3,603,000 |
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 |
Operating profit margin | 26.10% | 27.93% | 30.84% | 36.50% | 45.25% | 45.00% | 45.19% | 44.23% | 42.84% | 40.47% | 37.37% | 34.35% | 31.03% | 28.16% | 24.83% | 20.81% | 16.80% | 15.27% | 14.85% | 15.90% |
November 3, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $13,463,000K ÷ $51,574,000K
= 26.10%
Broadcom Inc's operating profit margin has shown fluctuations over the past few quarters. The operating profit margin, which represents the percentage of revenue that remains after deducting operating expenses, has ranged from a low of 14.85% in February 2020 to a high of 45.25% in October 2023.
In recent quarters, there has been a general upward trend in the operating profit margin, with the margin improving to 26.10% in November 2024 from 15.90% in February 2020. This indicates that the company has been effectively managing its operating expenses relative to its revenue.
The operating profit margin exceeding 30% in several quarters suggests that Broadcom has been successful in generating significant profits from its core operations. However, investors and analysts may want to monitor future trends in the operating profit margin to assess the company's operational efficiency and profitability.
Peer comparison
Nov 3, 2024