Analysis of Reportable Segments
Broadcom Inc. operates in 2 segments: Semiconductor solutions and Infrastructure software.
Segment Profit Margin
Broadcom Inc., profit margin by reportable segment
| Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Nov 1, 2020 | Nov 3, 2019 | Nov 4, 2018 | |
|---|---|---|---|---|---|---|
| Semiconductor solutions | 58.50% | 58.39% | 53.85% | 49.67% | 46.72% | 48.04% |
| Infrastructure software | 73.84% | 70.67% | 69.85% | 65.90% | 73.33% | 70.22% |
Based on: 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).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Semiconductor solutions | Semiconductor solutions segment profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
| Infrastructure software | Infrastructure software segment profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Profit Margin: Semiconductor solutions
Broadcom Inc.; Semiconductor solutions; segment profit margin calculation
| Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Nov 1, 2020 | Nov 3, 2019 | Nov 4, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Operating income | 16,486) | 15,075) | 10,976) | 8,576) | 8,148) | 9,160) |
| Net revenue | 28,182) | 25,818) | 20,383) | 17,267) | 17,441) | 19,068) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 58.50% | 58.39% | 53.85% | 49.67% | 46.72% | 48.04% |
Based on: 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).
1 2023 Calculation
Segment profit margin = 100 × Operating income ÷ Net revenue
= 100 × 16,486 ÷ 28,182 = 58.50%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Semiconductor solutions | Semiconductor solutions segment profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
Segment Profit Margin: Infrastructure software
Broadcom Inc.; Infrastructure software; segment profit margin calculation
| Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Nov 1, 2020 | Nov 3, 2019 | Nov 4, 2018 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Operating income | 5,639) | 5,219) | 4,936) | 4,363) | 3,781) | 1,250) |
| Net revenue | 7,637) | 7,385) | 7,067) | 6,621) | 5,156) | 1,780) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 73.84% | 70.67% | 69.85% | 65.90% | 73.33% | 70.22% |
Based on: 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).
1 2023 Calculation
Segment profit margin = 100 × Operating income ÷ Net revenue
= 100 × 5,639 ÷ 7,637 = 73.84%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Infrastructure software | Infrastructure software segment profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
Net revenue
Broadcom Inc., net revenue by reportable segment
US$ in millions
| Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Nov 1, 2020 | Nov 3, 2019 | Nov 4, 2018 | |
|---|---|---|---|---|---|---|
| Semiconductor solutions | 28,182) | 25,818) | 20,383) | 17,267) | 17,441) | 19,068) |
| Infrastructure software | 7,637) | 7,385) | 7,067) | 6,621) | 5,156) | 1,780) |
| Total | 35,819) | 33,203) | 27,450) | 23,888) | 22,597) | 20,848) |
Based on: 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).
Operating income
Broadcom Inc., operating income by reportable segment
US$ in millions
| Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Nov 1, 2020 | Nov 3, 2019 | Nov 4, 2018 | |
|---|---|---|---|---|---|---|
| Semiconductor solutions | 16,486) | 15,075) | 10,976) | 8,576) | 8,148) | 9,160) |
| Infrastructure software | 5,639) | 5,219) | 4,936) | 4,363) | 3,781) | 1,250) |
| Unallocated expenses | (5,918) | (6,069) | (7,393) | (8,925) | (8,485) | (5,275) |
| Total | 16,207) | 14,225) | 8,519) | 4,014) | 3,444) | 5,135) |
Based on: 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).