Stock Analysis on Net
Stock Analysis on Net

Broadcom Inc. (NASDAQ:AVGO)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 
Quarterly Data

Broadcom Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

Microsoft Excel
May 3, 2026 Feb 1, 2026 Nov 2, 2025 Aug 3, 2025 May 4, 2025 Feb 2, 2025 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
Accounts payable 1.30 1.24 0.91 0.86 0.79 1.15 1.00 1.05 0.82 0.84 1.66 1.39 1.16 1.26 1.36 1.00 1.49 1.47 1.44 1.28 1.10 1.17 1.10 1.38 1.51 1.22
Employee compensation and benefits 0.63 0.51 1.24 1.04 0.77 0.56 1.19 1.03 0.79 0.63 1.28 1.16 0.88 0.73 1.64 1.51 1.05 0.73 1.41 1.18 0.85 0.64 1.15 0.92 0.61 0.54
Short-term debt 1.26 1.33 1.84 0.84 3.36 3.42 0.77 1.88 1.38 1.37 2.21 1.56 1.56 1.53 0.60 0.43 0.42 0.41 0.38 0.37 0.37 1.12 1.09 1.04 1.00 2.85
Other current liabilities 7.33 6.85 6.82 7.34 7.59 7.52 7.12 7.49 8.51 8.61 5.01 6.15 6.88 6.73 6.02 6.46 6.68 5.98 5.08 5.75 6.21 5.77 5.05 5.11 4.98 4.95
Current liabilities 10.53% 9.92% 10.82% 10.09% 12.51% 12.65% 10.08% 11.44% 11.51% 11.45% 10.16% 10.26% 10.48% 10.25% 9.63% 9.40% 9.63% 8.59% 8.31% 8.57% 8.52% 8.70% 8.39% 8.45% 8.09% 9.55%
Long-term debt 34.97 37.55 36.23 37.94 37.51 36.84 40.02 39.77 40.86 41.30 51.63 53.39 53.29 52.30 53.35 54.95 54.61 53.54 52.19 52.95 53.18 53.35 52.99 54.48 55.24 52.35
Other long-term liabilities 5.55 5.51 5.44 7.73 7.71 8.31 9.04 9.70 7.70 7.73 5.28 5.52 5.52 5.50 6.02 6.35 6.49 6.47 6.43 6.37 6.57 6.77 7.15 7.33 7.28 7.98
Long-term liabilities 40.53% 43.07% 41.67% 45.67% 45.22% 45.15% 49.06% 49.47% 48.56% 49.03% 56.91% 58.90% 58.81% 57.80% 59.37% 61.30% 61.10% 60.01% 58.62% 59.32% 59.75% 60.12% 60.13% 61.81% 62.51% 60.33%
Total liabilities 51.05% 52.99% 52.49% 55.76% 57.73% 57.80% 59.14% 60.91% 60.07% 60.49% 67.08% 69.16% 69.29% 68.06% 69.00% 70.69% 70.73% 68.60% 66.93% 67.89% 68.27% 68.82% 68.52% 70.26% 70.61% 69.88%
Preferred stock dividend obligation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.04 0.04 0.04 0.04 0.04 0.03 0.04 0.04 0.03 0.03
Preferred stock, $0.001 par value; none issued and outstanding 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Common stock, $0.001 par value 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Additional paid-in capital 42.04 43.05 41.68 41.67 40.51 40.43 40.73 40.08 39.81 39.40 28.96 29.13 29.06 28.94 28.89 29.43 29.39 31.52 32.20 31.79 31.84 31.28 31.58 29.87 29.52 30.24
Retained earnings (accumulated deficit) 6.79 3.84 5.71 2.44 1.63 1.65 0.00 -1.12 0.00 0.00 3.68 1.65 1.90 3.25 2.19 0.00 0.00 0.00 0.99 0.42 0.00 0.00 0.00 0.00 0.00 0.00
Accumulated other comprehensive income (loss) 0.12 0.12 0.13 0.13 0.13 0.13 0.12 0.12 0.12 0.12 0.28 0.06 -0.25 -0.25 -0.07 -0.16 -0.16 -0.16 -0.15 -0.14 -0.14 -0.14 -0.14 -0.17 -0.16 -0.16
Stockholders’ equity 48.95% 47.01% 47.51% 44.24% 42.27% 42.20% 40.86% 39.09% 39.93% 39.51% 32.92% 30.84% 30.71% 31.94% 31.00% 29.27% 29.23% 31.37% 33.03% 32.08% 31.70% 31.15% 31.44% 29.71% 29.36% 30.08%
Total liabilities and equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 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).

A significant structural shift in the capital composition is observed over the analyzed period. Total liabilities, which consistently represented approximately 68% to 71% of the total balance sheet between early 2020 and late 2022, experienced a sustained decline beginning in early 2024. By May 2026, total liabilities decreased to 51.05%, reflecting a substantial reduction in the company's overall leverage.

Debt Obligations and Long-Term Liabilities
Long-term debt was the primary driver of the company's liability structure, remaining stable between 52% and 55% of total liabilities and equity from February 2020 through October 2023. A sharp contraction occurred starting February 2024, with long-term debt falling to 41.30% and continuing a downward trajectory to 34.97% by May 2026. This indicates a concerted effort to deleverage the balance sheet. Short-term debt remained relatively low but exhibited volatility, peaking at 3.42% in February 2024 before stabilizing around 1.26% by May 2026.
Current Liability Trends
Current liabilities remained relatively stable, generally oscillating between 8% and 12% of the total balance sheet. Other current liabilities, the largest component of this category, showed a gradual increase from roughly 5% in 2020 to peak at 8.61% in February 2024, eventually settling at 7.33% by May 2026. Accounts payable and employee compensation benefits remained minimal, typically staying below 2% of the total capital structure.
Stockholders' Equity Evolution
There is a clear upward trend in stockholders' equity, which rose from 30.08% in February 2020 to 48.95% by May 2026. This growth is primarily attributed to an increase in additional paid-in capital, which climbed from 30.24% to 42.04% over the period. Retained earnings exhibited significant volatility, including periods of accumulated deficits, but showed a strong positive trend toward the end of the series, reaching 6.79% by May 2026. Accumulated other comprehensive income shifted from negative values in the early period to a modest positive balance of 0.12% by the conclusion of the analysis.

The transition from a debt-dominant capital structure to one with a near-equal distribution between liabilities and equity suggests an improvement in solvency and a reduction in financial risk. The simultaneous increase in paid-in capital and the recovery of retained earnings indicate a strengthening of the equity base to support the company's total assets.

AI Ask an analyst for more