Stock Analysis on Net

Broadcom Inc. (NASDAQ:AVGO)

$24.99

Return on Equity (ROE)
since 2009

Microsoft Excel

Calculation

Broadcom Inc., ROE, 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 figures exhibit significant volatility over the period analyzed. Initially, the company experienced a net loss of $44 million, which then transitioned into positive net income from 2010 onward, with fluctuations in magnitude. Notable peaks include $1,364 million in 2015 and a substantial loss of $1,739 million in 2016. Following this, the net income recovered strongly, reaching a high of $14,082 million in 2022. The final recorded year shows a decline to $5,895 million, although the figure remains relatively strong compared to earlier periods.
Stockholders' Equity
Stockholders’ equity demonstrates a general upward trend across the timeframe. Starting at $1,040 million in 2009, it increased steadily with occasional significant jumps, such as the rise to $18,892 million in 2016 from $4,714 million the previous year. The equity continued to grow, peaking considerably at $67,678 million in 2024, indicating ongoing capital accumulation and reinvestment in the company.
Return on Equity (ROE)
ROE figures reflect considerable variability, corresponding to the fluctuations observed in net income. Negative ROE was recorded initially (-4.23% in 2009) and again in 2016 (-9.2%). In other years, ROE shows strong positive performance, notably 50.62% in 2022 and 58.7% in 2023. The final year shows a marked decrease to 8.71%, aligning with the fall in net income but still representing positive returns. The variability suggests sensitivity to net income swings and changes in equity levels.

Comparison to Competitors

Broadcom Inc., ROE, 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., ROE, 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., ROE, 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).