Broadcom Inc (AVGO)

Return on assets (ROA)

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
Net income (ttm) US$ in thousands 5,895,000 5,095,000 10,273,000 11,633,000 14,082,000 13,917,000 13,688,000 12,797,000 11,495,000 10,125,000 8,927,000 7,830,000 6,736,000 6,071,000 4,883,000 3,953,000 2,960,000 2,483,000 2,510,000 2,638,000
Total assets US$ in thousands 165,645,000 167,966,000 175,211,000 177,870,000 72,861,000 71,595,000 71,667,000 72,976,000 73,249,000 71,326,000 71,719,000 73,224,000 75,570,000 75,880,000 75,524,000 76,972,000 75,933,000 79,298,000 81,548,000 81,006,000
ROA 3.56% 3.03% 5.86% 6.54% 19.33% 19.44% 19.10% 17.54% 15.69% 14.20% 12.45% 10.69% 8.91% 8.00% 6.47% 5.14% 3.90% 3.13% 3.08% 3.26%

November 3, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $5,895,000K ÷ $165,645,000K
= 3.56%

Broadcom Inc's return on assets (ROA) has experienced fluctuations over the past few quarters. The ROA was at its peak in the most recent quarter at 3.56%, showing a positive trend from the previous quarter's 3.03%. Prior to that, there was a significant increase in ROA from 3.13% in the second quarter of 2020 to above 15% in the fourth quarter of 2023, before gradually decreasing.

These variations in ROA indicate changes in the company's ability to generate profit from its assets. An upward trend suggests improved efficiency in asset utilization, while a decline may indicate less effective management of assets. Overall, Broadcom Inc should continue monitoring its ROA to ensure sustainable profitability and effective use of its resources.


Peer comparison

Nov 3, 2024


See also:

Broadcom Inc Return on Assets (ROA) (Quarterly Data)