Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data
Broadcom Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)
Based on: 10-Q (reporting date: 2026-08-02), 10-Q (reporting date: 2026-05-03), 10-Q (reporting date: 2026-02-01), 10-K (reporting date: 2025-11-02), 10-Q (reporting date: 2025-08-03), 10-Q (reporting date: 2025-05-04), 10-Q (reporting date: 2025-02-02), 10-K (reporting date: 2024-11-03), 10-Q (reporting date: 2024-08-04), 10-Q (reporting date: 2024-05-05), 10-Q (reporting date: 2024-02-04), 10-K (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-29), 10-K (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-Q (reporting date: 2022-01-30), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-Q (reporting date: 2020-02-02).
The capital structure of the organization has undergone a significant transformation between February 2020 and August 2026, characterized by a systemic shift from debt-reliance to equity-funding. A consistent deleveraging trend is observable, as total liabilities decreased from a peak of 70.73% in May 2022 to 47.02% by August 2026. Simultaneously, stockholders' equity expanded from approximately 30% of the total balance sheet to 52.98% over the same period.
- Long-Term Debt Dynamics
- Long-term debt served as the primary driver of liabilities for the majority of the analyzed period. Between February 2020 and October 2022, this item remained elevated, frequently exceeding 53% of total liabilities and equity. However, a structural decline began in early 2024, with long-term debt falling to 41.30% in February 2024 and continuing a downward trajectory to reach 30.38% by August 2026.
- Equity Composition and Growth
- The increase in stockholders' equity was driven by both additional paid-in capital and retained earnings. Additional paid-in capital rose from 30.24% in February 2020 to a peak of 43.05% in February 2026, before settling at 41.10% in August 2026. Notably, retained earnings, which were largely absent or negligible in early reporting periods, grew substantially in the final years, reaching 11.77% by August 2026, indicating strong profit retention.
- Current Liability Trends
- Current liabilities remained relatively stable but showed a slight upward trend in their proportion of the total balance sheet. Starting at 9.55% in February 2020, current liabilities increased to 11.08% by August 2026. This increase was primarily influenced by fluctuations in other current liabilities, which rose from approximately 5% to a peak of 8.61% in February 2024, and a variable trend in short-term debt, which peaked at 3.42% in February 2024.
- Other Liability Components
- Other long-term liabilities exhibited a general decline from 7.98% in February 2020 to 5.56% in August 2026, although a temporary spike to 9.70% was noted in May 2024. Employee compensation and benefits remained a minor component of the balance sheet, generally fluctuating between 0.5% and 1.6% throughout the observed timeframe.
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