Broadcom Inc (AVGO)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 9,643,000 | 9,728,000 | 10,939,000 | 12,650,000 | 15,097,000 | 14,750,000 | 14,513,000 | 13,587,000 | 12,434,000 | 10,983,000 | 9,372,000 | 8,068,000 | 6,765,000 | 5,733,000 | 4,599,000 | 3,517,000 | 2,442,000 | 2,052,000 | 2,004,000 | 2,255,000 |
| 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 |
| Pretax margin | 18.70% | 20.78% | 25.67% | 32.55% | 42.15% | 41.60% | 41.42% | 39.48% | 37.45% | 34.67% | 31.25% | 28.31% | 24.64% | 21.63% | 18.00% | 14.25% | 10.22% | 8.85% | 8.75% | 9.95% |
November 3, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $9,643,000K ÷ $51,574,000K
= 18.70%
The pretax margin of Broadcom Inc has shown fluctuations over the past several quarters. The pretax margin, which is a measure of profitability, indicates the company's ability to generate earnings before accounting for taxes relative to its total revenue.
Based on the data provided, the pretax margin has ranged from a high of 42.15% in October 2023 to a low of 8.75% in August 2020. The trend indicates that the pretax margin has generally been on a decreasing trajectory since October 2023, with some fluctuations along the way.
A higher pretax margin typically suggests better cost management and operational efficiency, while a lower pretax margin may indicate increasing costs or lower revenue generation relative to expenses.
It is important for investors and analysts to closely monitor the pretax margin of Broadcom Inc to assess its operational performance and profitability over time.
Peer comparison
Nov 3, 2024