Broadcom Inc (AVGO)

Return on equity (ROE)

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
Net income (ttm) US$ in thousands 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 2,724,000 2,992,000 3,473,000
Total stockholders’ equity US$ in thousands 70,284,000 23,988,000 22,079,000 22,007,000 23,310,000 22,709,000 20,903,000 20,990,000 22,994,000 24,989,000 24,367,000 23,966,000 23,999,000 23,901,000 23,585,000 23,970,000 24,396,000 24,941,000 21,503,000 22,172,000
ROE 16.55% 58.70% 63.03% 62.20% 54.90% 50.62% 48.44% 42.53% 34.05% 26.96% 24.91% 20.37% 16.47% 12.38% 10.53% 10.47% 10.81% 10.92% 13.91% 15.66%

February 4, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $11,633,000K ÷ $70,284,000K
= 16.55%

Broadcom Inc's return on equity (ROE) has shown significant fluctuations over the past few quarters. The ROE stood at 16.55% as of February 4, 2024, showing a decline from the previous quarter's exceptionally high ROE of 58.70% as of October 29, 2023. The company's ROE peaked at 63.03% as of July 30, 2023, indicating robust profitability and efficiency in generating returns for shareholders.

Despite the fluctuations, Broadcom Inc has generally maintained a relatively strong ROE performance, consistently above 10% over the past few years. The decreasing trend from the recent high of 63.03% suggests a potential decline in the company's profitability and efficiency in utilizing shareholder equity to generate profits.

Overall, Broadcom Inc's ROE performance indicates a company that has been able to generate healthy returns for its shareholders, although the recent decline in ROE warrants further monitoring to assess the company's financial health and performance in the upcoming quarters. Investors and stakeholders should closely follow future financial reports and management discussions to gain insights into the company's strategies to improve ROE and overall financial performance.


Peer comparison

Feb 4, 2024


See also:

Broadcom Inc Return on Equity (ROE) (Quarterly Data)