Broadcom Inc (AVGO)
Pretax margin
| Nov 3, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Nov 1, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 9,643,000 | 15,097,000 | 12,434,000 | 6,765,000 | 2,442,000 |
| Revenue | US$ in thousands | 51,574,000 | 35,819,000 | 33,203,000 | 27,450,000 | 23,888,000 |
| Pretax margin | 18.70% | 42.15% | 37.45% | 24.64% | 10.22% |
November 3, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $9,643,000K ÷ $51,574,000K
= 18.70%
Broadcom Inc's pretax margin has displayed fluctuations over the past five years. In the most recent fiscal year ending on November 3, 2024, the pretax margin stood at 18.70%, reflecting a decline from the previous year's figure of 42.15% reported on October 29, 2023. The pretax margin peaked at 37.45% on October 30, 2022, indicating a significant improvement from the prior year. However, this trend was preceded by a pretax margin of 24.64% on October 31, 2021, showcasing a slight decrease.
Looking further back, on November 1, 2020, the pretax margin was reported at 10.22%, marking an increase compared to the previous year. These variations in pretax margin indicate changes in Broadcom Inc's profitability before taxes, reflecting shifts in the company's cost structure, revenue generation, and operating efficiency over the five-year period.
Peer comparison
Nov 3, 2024