Broadcom Inc (AVGO)

Pretax 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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	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	2,214,000	2,889,000	3,573,000
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
Pretax margin		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%	9.80%	12.98%	16.38%

February 4, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $12,650,000K ÷ $38,865,000K
= 32.55%

Broadcom Inc's pretax margin has shown a generally positive trend over the past several periods, reflecting the company's ability to efficiently generate profits before taxes. The pretax margin has fluctuated between 8.75% and 42.15% during the period under review, with the latest reported figure standing at 32.55%.

The high pretax margins observed in recent periods indicate that Broadcom Inc has been effectively controlling its operating expenses and leveraging its revenue to maximize profitability. However, it is important to note that pretax margins can be influenced by various factors such as changes in revenue, costs, and tax rates, and should be analyzed in conjunction with other financial metrics to gain a comprehensive understanding of the company's financial performance.