Broadcom Past Earnings Performance
Past criteria checks 2/6
Broadcom has been growing earnings at an average annual rate of 34.6%, while the Semiconductor industry saw earnings growing at 29.5% annually. Revenues have been growing at an average rate of 12.6% per year. Broadcom's return on equity is 16.5%, and it has net margins of 29.8%.
Key information
34.6%
Earnings growth rate
34.1%
EPS growth rate
| Semiconductor Industry Growth | 27.7% |
| Revenue growth rate | 12.6% |
| Return on equity | 16.5% |
| Net Margin | 29.8% |
| Next Earnings Update | 12 Jun 2024 |
Recent past performance updates
Recent updates
Broadcom: A Great Corporation At Too High A Price
Apr 08Broadcom's Opportunity In The AI Revolution: Why Investors Should Take Notice
Mar 25Broadcom's (NASDAQ:AVGO) Weak Earnings May Only Reveal A Part Of The Whole Picture
Mar 14
Broadcom: AI Saves The Day
Mar 11Broadcom: Poised To Deliver Another Strong Quarter
Mar 04A Look At The Fair Value Of Broadcom Inc. (NASDAQ:AVGO)
Feb 26Broadcom Stock Is Expensive, But Worth It Long Term
Feb 21Is Now An Opportune Moment To Examine Broadcom Inc. (NASDAQ:AVGO)?
Feb 12Broadcom (NASDAQ:AVGO) Could Easily Take On More Debt
Jan 29Broadcom: The AI-Driven Rally Is Far From Being Over
Jan 24Earnings Tell The Story For Broadcom Inc. (NASDAQ:AVGO)
Jan 16Broadcom: My Biggest Position Is This Dividend Growth Monster
Jan 15Is Now The Time To Put Broadcom (NASDAQ:AVGO) On Your Watchlist?
Jan 02Broadcom Inc. (NASDAQ:AVGO) Just Released Its Yearly Results And Analysts Are Updating Their Estimates
Dec 18Returns On Capital Are A Standout For Broadcom (NASDAQ:AVGO)
Nov 22Is Broadcom Inc. (NASDAQ:AVGO) Expensive For A Reason? A Look At Its Intrinsic Value
Nov 10Broadcom (NASDAQ:AVGO) Seems To Use Debt Rather Sparingly
Oct 29Should You Investigate Broadcom Inc. (NASDAQ:AVGO) At US$831?
Oct 02Here's Why We Think Broadcom (NASDAQ:AVGO) Might Deserve Your Attention Today
Aug 19Does This Valuation Of Broadcom Inc. (NASDAQ:AVGO) Imply Investors Are Overpaying?
Aug 05Is Broadcom (NASDAQ:AVGO) Using Too Much Debt?
Jul 18Should You Investigate Broadcom Inc. (NASDAQ:AVGO) At US$867?
Jul 03Do Broadcom's (NASDAQ:AVGO) Earnings Warrant Your Attention?
May 10Is Broadcom Inc. (NASDAQ:AVGO) Expensive For A Reason? A Look At Its Intrinsic Value
Apr 28Is Broadcom (NASDAQ:AVGO) A Risky Investment?
Apr 15Why Broadcom Inc. (NASDAQ:AVGO) Could Be Worth Watching
Apr 03Why The 23% Return On Capital At Broadcom (NASDAQ:AVGO) Should Have Your Attention
Mar 20Broadcom (NASDAQ:AVGO) Is Increasing Its Dividend To $4.60
Mar 07Here's Why We Think Broadcom (NASDAQ:AVGO) Might Deserve Your Attention Today
Jan 31A Look At The Fair Value Of Broadcom Inc. (NASDAQ:AVGO)
Jan 18Does Broadcom (NASDAQ:AVGO) Have A Healthy Balance Sheet?
Jan 03Broadcom (NASDAQ:AVGO) Will Pay A Larger Dividend Than Last Year At $4.60
Dec 13At US$526, Is Broadcom Inc. (NASDAQ:AVGO) Worth Looking At Closely?
Dec 07Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow Broadcom makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 04 Feb 24 | 38,865 | 11,582 | 2,597 | 6,366 |
| 29 Oct 23 | 35,819 | 14,082 | 1,593 | 5,253 |
| 30 Jul 23 | 35,454 | 13,869 | 1,545 | 5,062 |
| 30 Apr 23 | 35,042 | 13,565 | 1,480 | 4,959 |
| 29 Jan 23 | 34,412 | 12,599 | 1,410 | 4,908 |
| 30 Oct 22 | 33,203 | 11,223 | 1,383 | 4,919 |
| 31 Jul 22 | 31,680 | 9,826 | 1,349 | 4,922 |
| 01 May 22 | 29,994 | 8,629 | 1,372 | 4,872 |
| 30 Jan 22 | 28,501 | 7,531 | 1,329 | 4,849 |
| 31 Oct 21 | 27,450 | 6,437 | 1,347 | 4,854 |
| 01 Aug 21 | 26,510 | 5,773 | 1,412 | 4,836 |
| 02 May 21 | 25,553 | 4,586 | 1,494 | 4,859 |
| 31 Jan 21 | 24,685 | 3,662 | 1,670 | 4,890 |
| 01 Nov 20 | 23,888 | 2,664 | 1,821 | 4,968 |
| 02 Aug 20 | 23,197 | 2,232 | 1,865 | 4,963 |
| 03 May 20 | 22,891 | 2,332 | 1,847 | 4,970 |
| 02 Feb 20 | 22,666 | 2,532 | 1,765 | 4,852 |
| 03 Nov 19 | 22,597 | 2,707 | 1,708 | 4,696 |
| 04 Aug 19 | 22,265 | 3,004 | 1,508 | 4,467 |
| 05 May 19 | 21,813 | 3,486 | 1,332 | 4,191 |
| 03 Feb 19 | 21,310 | 6,514 | 1,207 | 3,976 |
| 04 Nov 18 | 20,848 | 12,278 | 1,027 | 3,768 |
| 05 Aug 18 | 20,248 | 11,690 | 1,001 | 3,648 |
| 06 May 18 | 19,648 | 10,976 | 967 | 3,516 |
| 04 Feb 18 | 18,824 | 7,699 | 877 | 3,409 |
| 29 Oct 17 | 17,636 | 1,698 | 777 | 3,302 |
| 30 Jul 17 | 16,928 | 601 | 730 | 3,270 |
| 30 Apr 17 | 16,257 | -168 | 758 | 3,257 |
| 29 Jan 17 | 15,608 | -1,760 | 755 | 3,215 |
| 30 Oct 16 | 13,240 | -1,627 | 764 | 2,674 |
| 31 Jul 16 | 10,944 | -587 | 590 | 2,155 |
| 01 May 16 | 8,887 | -57 | 505 | 1,617 |
| 31 Jan 16 | 6,960 | 1,430 | 412 | 1,081 |
| 01 Nov 15 | 6,824 | 1,391 | 415 | 1,049 |
| 02 Aug 15 | 6,574 | 1,058 | 430 | 996 |
| 03 May 15 | 6,108 | 694 | 424 | 960 |
| 01 Feb 15 | 5,195 | 513 | 383 | 823 |
| 02 Nov 14 | 4,269 | 309 | 340 | 695 |
| 03 Aug 14 | 3,417 | 344 | 327 | 570 |
| 04 May 14 | 2,792 | 606 | 247 | 431 |
| 02 Feb 14 | 2,653 | 561 | 232 | 412 |
| 03 Nov 13 | 2,520 | 552 | 211 | 398 |
| 04 Aug 13 | 2,400 | 539 | 211 | 369 |
| 05 May 13 | 2,362 | 542 | 203 | 357 |
Quality Earnings: AVGO has high quality earnings.
Growing Profit Margin: AVGO's current net profit margins (29.8%) are lower than last year (36.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AVGO's earnings have grown significantly by 34.6% per year over the past 5 years.
Accelerating Growth: AVGO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AVGO had negative earnings growth (-8.5%) over the past year, making it difficult to compare to the Semiconductor industry average (-11%).
Return on Equity
High ROE: AVGO's Return on Equity (16.5%) is considered low.