Total Asset Turnover
since 2009
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Broadcom Inc. pages available for free this week:
- Balance Sheet: Assets
- Balance Sheet: Liabilities and Stockholders’ Equity
- Common-Size Balance Sheet: Assets
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Price to FCFE (P/FCFE)
- Present Value of Free Cash Flow to Equity (FCFE)
- Selected Financial Data since 2009
- Net Profit Margin since 2009
- Return on Equity (ROE) since 2009
- Price to Sales (P/S) since 2009
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Calculation
Broadcom Inc., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Net revenue1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Nov 3, 2024 | = | ÷ | |||
| Oct 29, 2023 | = | ÷ | |||
| Oct 30, 2022 | = | ÷ | |||
| Oct 31, 2021 | = | ÷ | |||
| Nov 1, 2020 | = | ÷ | |||
| Nov 3, 2019 | = | ÷ | |||
| Nov 4, 2018 | = | ÷ | |||
| Oct 29, 2017 | = | ÷ | |||
| Oct 30, 2016 | = | ÷ | |||
| Nov 1, 2015 | = | ÷ | |||
| Nov 2, 2014 | = | ÷ | |||
| Nov 3, 2013 | = | ÷ | |||
| Oct 28, 2012 | = | ÷ | |||
| Oct 30, 2011 | = | ÷ | |||
| Oct 31, 2010 | = | ÷ | |||
| Nov 1, 2009 | = | ÷ |
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 Revenue
- The net revenue demonstrates a strong upward trajectory over the entire period. Starting at $1,484 million in 2009, it shows consistent growth each year, with considerable acceleration observed after 2014. A notable surge is recorded from 2015 onwards, reaching $51,574 million by 2024. This indicates significant expansion in the company’s sales and operational scale, particularly in the latter half of the timeline.
- Total Assets
- Total assets also increase over time, although the growth pattern is more variable compared to revenue. From $1,970 million in 2009, total assets experienced steady increases until 2014, after which there is a sharp rise to over $49,000 million in 2016—a nearly fivefold increase. Following this peak, assets fluctuate moderately but remain elevated, ending at $165,645 million in 2024. This substantial growth likely reflects major investments, acquisitions, or capital expenditures during the period.
- Total Asset Turnover
- The total asset turnover ratio, calculated as net revenue divided by total assets, presents a declining trend from 0.75 in 2009 to a low of 0.26 in 2016. This decline aligns with the rapid increase in asset base during that period, which outpaced revenue growth. Post-2016, the ratio experiences slight recovery, rising steadily to 0.49 by 2023 before declining again to 0.31 in 2024. Overall, the ratio remains below the initial levels, indicating that asset utilization efficiency has generally diminished relative to earlier years, likely due to the significant asset acquisitions.
Comparison to Competitors
Broadcom Inc., total asset turnover, long-term trends, comparison to competitors
| Broadcom Inc. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Intel Corp. | KLA Corp. | Lam Research Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nov 3, 2024 | |||||||||||
| Oct 29, 2023 | |||||||||||
| Oct 30, 2022 | |||||||||||
| Oct 31, 2021 | |||||||||||
| Nov 1, 2020 | |||||||||||
| Nov 3, 2019 | |||||||||||
| Nov 4, 2018 | |||||||||||
| Oct 29, 2017 | |||||||||||
| Oct 30, 2016 | |||||||||||
| Nov 1, 2015 | |||||||||||
| Nov 2, 2014 | |||||||||||
| Nov 3, 2013 | |||||||||||
| Oct 28, 2012 | |||||||||||
| Oct 30, 2011 | |||||||||||
| Oct 31, 2010 | |||||||||||
| Nov 1, 2009 |
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., total asset turnover, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| Broadcom Inc. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Nov 3, 2024 | ||
| Oct 29, 2023 | ||
| Oct 30, 2022 | ||
| Oct 31, 2021 | ||
| Nov 1, 2020 | ||
| Nov 3, 2019 | ||
| Nov 4, 2018 | ||
| Oct 29, 2017 | ||
| Oct 30, 2016 | ||
| Nov 1, 2015 | ||
| Nov 2, 2014 | ||
| Nov 3, 2013 | ||
| Oct 28, 2012 | ||
| Oct 30, 2011 | ||
| Oct 31, 2010 | ||
| Nov 1, 2009 |
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., total asset turnover, long-term trends, comparison to industry (information technology)
| Broadcom Inc. | Information Technology | |
|---|---|---|
| Nov 3, 2024 | ||
| Oct 29, 2023 | ||
| Oct 30, 2022 | ||
| Oct 31, 2021 | ||
| Nov 1, 2020 | ||
| Nov 3, 2019 | ||
| Nov 4, 2018 | ||
| Oct 29, 2017 | ||
| Oct 30, 2016 | ||
| Nov 1, 2015 | ||
| Nov 2, 2014 | ||
| Nov 3, 2013 | ||
| Oct 28, 2012 | ||
| Oct 30, 2011 | ||
| Oct 31, 2010 | ||
| Nov 1, 2009 |
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).