Broadcom Inc (AVGO)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 67,678,000 | 65,651,000 | 69,961,000 | 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 |
| ROE | 8.71% | 7.76% | 14.68% | 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% |
November 3, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $5,895,000K ÷ $67,678,000K
= 8.71%
Broadcom Inc's Return on Equity (ROE) has fluctuated over the past few years, indicating varying levels of profitability and efficiency in generating returns for shareholders. From February 2020 to May 2024, the ROE ranged from a low of 7.76% to a high of 63.03%. This suggests that the company's ability to generate profits from shareholder equity has varied significantly during this period.
The ROE peaked at 63.03% in July 2023, indicating a strong performance in utilizing shareholder funds to generate profits. However, the ROE saw a decline in subsequent periods before showing an increase in May 2024, reaching 14.68%. The downward trend from the peak suggests potential challenges in maintaining profitability and efficiency in capital utilization.
Overall, Broadcom Inc's ROE performance has shown fluctuations, reflecting changes in the company's profitability and operational efficiency. Investors and stakeholders should closely monitor future ROE figures to assess the company's ability to generate returns on equity effectively.
Peer comparison
Nov 3, 2024