Stock Analysis on Net

Broadcom Inc. (NASDAQ:AVGO)

$24.99

Return on Assets (ROA)
since 2009

Microsoft Excel

Calculation

Broadcom Inc., ROA, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03), 10-K (reporting date: 2018-11-04), 10-K (reporting date: 2017-10-29), 10-K (reporting date: 2016-10-30), 10-K (reporting date: 2015-11-01), 10-K (reporting date: 2014-11-02), 10-K (reporting date: 2013-11-03), 10-K (reporting date: 2012-10-28), 10-K (reporting date: 2011-10-30), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-11-01).

1 US$ in millions


Net Income (Loss)
The net income exhibits considerable volatility over the analyzed periods. Initially, the values fluctuate from a significant loss of 44 million to moderate profits in the subsequent years, with a notable peak reaching 13,642 million in 2015. However, in 2016, there is a pronounced loss of 1,739 million, marking the lowest point in the dataset. Following this trough, profitability recovers strongly, reaching a remarkable peak of 14,082 million in 2022, before declining to 5,895 million by 2024. Overall, despite substantial variability, the general trend indicates periods of strong profitability interspersed with notable losses.
Total Assets
Total assets display a steady growth with some fluctuations over the years. The asset base grows moderately from 1,970 million in 2009 to 10,592 million by 2015, followed by a very significant increase in 2016 to nearly 50,000 million. After 2016, assets continue to expand, reaching a peak of 75,933 million in 2020. Thereafter, total assets slightly decrease and then sharply increase again, culminating at 165,645 million in 2024. This pattern suggests substantial asset accumulation, possibly linked to large acquisitions or investments, particularly noticeable after 2015.
Return on Assets (ROA)
The return on assets ratio shows marked fluctuations reflecting the variability in profitability relative to asset size. After an initial negative value of -2.23% in 2009, ROA rises sharply to exceed 22% in 2011 before experiencing a sustained decline to around 2.51% in 2014. A notable dip to -3.48% occurs in 2016, coinciding with the significant net loss observed that year. Following this, ROA improves gradually, reaching highs of over 19% in 2023, before falling back to 3.56% in 2024. This indicates variable efficiency in asset utilization, with periods of strong profitability interspersed with significant declines.

Comparison to Competitors

Broadcom Inc., ROA, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03), 10-K (reporting date: 2018-11-04), 10-K (reporting date: 2017-10-29), 10-K (reporting date: 2016-10-30), 10-K (reporting date: 2015-11-01), 10-K (reporting date: 2014-11-02), 10-K (reporting date: 2013-11-03), 10-K (reporting date: 2012-10-28), 10-K (reporting date: 2011-10-30), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-11-01).


Comparison to Sector (Semiconductors & Semiconductor Equipment)

Broadcom Inc., ROA, long-term trends, comparison to sector (semiconductors & semiconductor equipment)

Microsoft Excel

Based on: 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03), 10-K (reporting date: 2018-11-04), 10-K (reporting date: 2017-10-29), 10-K (reporting date: 2016-10-30), 10-K (reporting date: 2015-11-01), 10-K (reporting date: 2014-11-02), 10-K (reporting date: 2013-11-03), 10-K (reporting date: 2012-10-28), 10-K (reporting date: 2011-10-30), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-11-01).


Comparison to Industry (Information Technology)

Broadcom Inc., ROA, long-term trends, comparison to industry (information technology)

Microsoft Excel

Based on: 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03), 10-K (reporting date: 2018-11-04), 10-K (reporting date: 2017-10-29), 10-K (reporting date: 2016-10-30), 10-K (reporting date: 2015-11-01), 10-K (reporting date: 2014-11-02), 10-K (reporting date: 2013-11-03), 10-K (reporting date: 2012-10-28), 10-K (reporting date: 2011-10-30), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-11-01).