Broadcom Historical Income Statement

AVGO Stock

USD 232.35 12.15 5.52%

Historical analysis of Broadcom income statement accounts such as Selling General Administrative of 1.9 B, Total Revenue of 54.2 B or Gross Profit of 34.1 B can show how well Broadcom performed in making a profits. Evaluating Broadcom income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Broadcom's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Broadcom latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Broadcom is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadcom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Broadcom Stock, please use our How to Invest in Broadcom guide.

About Broadcom Income Statement Analysis

Broadcom Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Broadcom shareholders. The income statement also shows Broadcom investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Broadcom Income Statement Chart

At this time, Broadcom's Research Development is very stable compared to the past year. As of the 23rd of December 2024, Cost Of Revenue is likely to grow to about 20 B, while Depreciation And Amortization is likely to drop about 2.8 B.

Total Revenue Gross Profit Other Operating Expenses Interest Income

Total Revenue

Total revenue comprises all receipts Broadcom generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Broadcom minus its cost of goods sold. It is profit before Broadcom operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Broadcom. It is also known as Broadcom overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Most accounts from Broadcom's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Broadcom current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadcom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Broadcom Stock, please use our How to Invest in Broadcom guide.At this time, Broadcom's Research Development is very stable compared to the past year. As of the 23rd of December 2024, Cost Of Revenue is likely to grow to about 20 B, while Depreciation And Amortization is likely to drop about 2.8 B.

	2021	2022	2023	2024 (projected)
Gross Profit	22.1B	24.7B	32.5B	34.1B
Total Revenue	33.2B	35.8B	51.6B	54.2B

Gross Profit Total Revenue

Broadcom income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Discontinued Operations	Net Income From Continuing Ops	Tax Provision	Interest Income	Non Recurring	Extraordinary Items	Net Interest Income	Selling And Marketing Expenses	Reconciled Depreciation	Non Operating Income Net Other
Depreciation And Amortization		0.29	0.82	0.58	0.53	0.59	0.44	0.38	0.62	0.75	0.64	0.54	0.4	-0.5	0.45	-0.07	0.55	0.36	-0.11	-0.16	0.23	0.36	-0.69	0.0	0.45	-0.33
Interest Expense	0.29		-0.14	-0.45	-0.44	-0.53	-0.26	-0.46	-0.48	0.22	-0.46	-0.58	-0.17	0.55	0.19	-0.5	-0.05	-0.43	-0.21	-0.75	0.25	-0.03	-0.06	0.86	0.61	0.35
Selling General Administrative	0.82	-0.14		0.89	0.87	0.89	0.74	0.75	0.91	0.77	0.9	0.87	0.68	-0.83	0.52	0.25	0.64	0.7	0.08	0.39	-0.02	0.41	-0.84	-0.48	0.13	-0.7
Total Revenue	0.58	-0.45	0.89		0.99	0.98	0.9	0.95	0.99	0.72	0.98	0.96	0.83	-0.93	0.56	0.42	0.62	0.89	0.17	0.65	-0.2	0.4	-0.74	-0.72	-0.25	-0.87
Gross Profit	0.53	-0.44	0.87	0.99		0.95	0.93	0.97	0.97	0.74	0.95	0.94	0.88	-0.92	0.59	0.45	0.63	0.91	0.22	0.69	-0.27	0.42	-0.76	-0.71	-0.27	-0.91
Other Operating Expenses	0.59	-0.53	0.89	0.98	0.95		0.79	0.87	1.0	0.61	0.99	0.99	0.7	-0.94	0.42	0.41	0.56	0.82	0.14	0.61	-0.1	0.34	-0.67	-0.77	-0.2	-0.77
Operating Income	0.44	-0.26	0.74	0.9	0.93	0.79		0.97	0.82	0.84	0.8	0.76	0.99	-0.75	0.77	0.37	0.68	0.92	0.2	0.66	-0.4	0.5	-0.77	-0.53	-0.33	-0.96
Ebit	0.38	-0.46	0.75	0.95	0.97	0.87	0.97		0.89	0.73	0.87	0.86	0.94	-0.85	0.65	0.46	0.62	0.94	0.24	0.76	-0.39	0.44	-0.71	-0.69	-0.41	-0.96
Research Development	0.62	-0.48	0.91	0.99	0.97	1.0	0.82	0.89		0.66	0.99	0.99	0.73	-0.94	0.46	0.4	0.6	0.84	0.14	0.61	-0.13	0.38	-0.72	-0.74	-0.18	-0.79
Ebitda	0.75	0.22	0.77	0.72	0.74	0.61	0.84	0.73	0.66		0.66	0.55	0.85	-0.55	0.85	0.08	0.67	0.7	0.04	0.22	-0.15	0.47	-0.8	-0.06	0.02	-0.74
Cost Of Revenue	0.64	-0.46	0.9	0.98	0.95	0.99	0.8	0.87	0.99	0.66		0.98	0.72	-0.91	0.49	0.33	0.58	0.84	0.07	0.56	-0.06	0.36	-0.67	-0.72	-0.2	-0.76
Total Operating Expenses	0.54	-0.58	0.87	0.96	0.94	0.99	0.76	0.86	0.99	0.55	0.98		0.67	-0.96	0.34	0.48	0.53	0.79	0.21	0.65	-0.15	0.32	-0.67	-0.81	-0.2	-0.77
Income Before Tax	0.4	-0.17	0.68	0.83	0.88	0.7	0.99	0.94	0.73	0.85	0.72	0.67		-0.65	0.83	0.31	0.67	0.9	0.18	0.63	-0.41	0.51	-0.73	-0.43	-0.35	-0.94
Total Other Income Expense Net	-0.5	0.55	-0.83	-0.93	-0.92	-0.94	-0.75	-0.85	-0.94	-0.55	-0.91	-0.96	-0.65		-0.28	-0.59	-0.45	-0.72	-0.35	-0.59	0.2	-0.22	0.75	0.76	0.12	0.8
Net Income	0.45	0.19	0.52	0.56	0.59	0.42	0.77	0.65	0.46	0.85	0.49	0.34	0.83	-0.28		-0.26	0.61	0.77	-0.33	0.28	-0.14	0.54	-0.53	-0.02	-0.25	-0.62
Income Tax Expense	-0.07	-0.5	0.25	0.42	0.45	0.41	0.37	0.46	0.4	0.08	0.33	0.48	0.31	-0.59	-0.26		0.09	0.16	0.94	0.54	-0.5	-0.06	-0.38	-0.55	-0.13	-0.55
Discontinued Operations	0.55	-0.05	0.64	0.62	0.63	0.56	0.68	0.62	0.6	0.67	0.58	0.53	0.67	-0.45	0.61	0.09		0.65	-0.02	0.34	-0.53	0.94	-0.65	-0.29	0.09	-0.57
Net Income From Continuing Ops	0.36	-0.43	0.7	0.89	0.91	0.82	0.92	0.94	0.84	0.7	0.84	0.79	0.9	-0.72	0.77	0.16	0.65		-0.09	0.71	-0.28	0.52	-0.59	-0.63	-0.48	-0.85
Tax Provision	-0.11	-0.21	0.08	0.17	0.22	0.14	0.2	0.24	0.14	0.04	0.07	0.21	0.18	-0.35	-0.33	0.94	-0.02	-0.09		0.3	-0.48	-0.15	-0.31	-0.25	0.04	-0.38
Interest Income	-0.16	-0.75	0.39	0.65	0.69	0.61	0.66	0.76	0.61	0.22	0.56	0.65	0.63	-0.59	0.28	0.54	0.34	0.71	0.3		-0.46	0.29	-0.29	-0.77	-0.67	-0.7
Non Recurring	0.23	0.25	-0.02	-0.2	-0.27	-0.1	-0.4	-0.39	-0.13	-0.15	-0.06	-0.15	-0.41	0.2	-0.14	-0.5	-0.53	-0.28	-0.48	-0.46		-0.56	0.33	0.27	0.09	0.49
Extraordinary Items	0.36	-0.03	0.41	0.4	0.42	0.34	0.5	0.44	0.38	0.47	0.36	0.32	0.51	-0.22	0.54	-0.06	0.94	0.52	-0.15	0.29	-0.56		-0.45	-0.18	0.06	-0.38
Net Interest Income	-0.69	-0.06	-0.84	-0.74	-0.76	-0.67	-0.77	-0.71	-0.72	-0.8	-0.67	-0.67	-0.73	0.75	-0.53	-0.38	-0.65	-0.59	-0.31	-0.29	0.33	-0.45		0.31	-0.31	0.76
Selling And Marketing Expenses	0.0	0.86	-0.48	-0.72	-0.71	-0.77	-0.53	-0.69	-0.74	-0.06	-0.72	-0.81	-0.43	0.76	-0.02	-0.55	-0.29	-0.63	-0.25	-0.77	0.27	-0.18	0.31		0.4	0.58
Reconciled Depreciation	0.45	0.61	0.13	-0.25	-0.27	-0.2	-0.33	-0.41	-0.18	0.02	-0.2	-0.2	-0.35	0.12	-0.25	-0.13	0.09	-0.48	0.04	-0.67	0.09	0.06	-0.31	0.4		0.32
Non Operating Income Net Other	-0.33	0.35	-0.7	-0.87	-0.91	-0.77	-0.96	-0.96	-0.79	-0.74	-0.76	-0.77	-0.94	0.8	-0.62	-0.55	-0.57	-0.85	-0.38	-0.7	0.49	-0.38	0.76	0.58	0.32

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Broadcom Account Relationship Matchups

Broadcom income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	6.9B	6.0B	5.0B	3.8B	4.4B	2.8B
Interest Expense	1.8B	1.9B	1.7B	1.6B	(4.0B)	(3.8B)
Selling General Administrative	1.9B	1.3B	1.4B	1.6B	1.8B	1.9B
Total Revenue	23.9B	27.5B	33.2B	35.8B	51.6B	54.2B
Gross Profit	13.5B	16.8B	22.1B	24.7B	32.5B	34.1B
Other Operating Expenses	19.7B	18.8B	18.9B	19.6B	38.1B	40.0B
Operating Income	4.0B	8.5B	14.2B	16.2B	13.5B	14.1B
Ebit	4.2B	8.7B	14.2B	16.7B	19.2B	20.2B
Research Development	5.0B	4.9B	4.9B	5.3B	9.3B	9.8B
Ebitda	11.1B	14.7B	19.2B	20.6B	13.5B	7.2B
Cost Of Revenue	10.4B	10.6B	11.1B	11.1B	19.1B	20.0B
Total Operating Expenses	9.3B	8.2B	7.8B	8.5B	19.0B	20.0B
Income Before Tax	2.4B	6.8B	12.4B	15.1B	9.9B	10.4B
Total Other Income Expense Net	(1.6B)	(1.8B)	(1.8B)	(1.1B)	(3.5B)	(3.4B)
Net Income	3.0B	6.7B	11.5B	14.1B	5.9B	3.7B
Income Tax Expense	(518M)	29M	939M	1.0B	3.7B	3.9B
Net Income Applicable To Common Shares	2.7B	2.7B	6.4B	11.2B	12.9B	13.6B
Net Income From Continuing Ops	3.0B	6.7B	11.5B	14.1B	16.2B	17.0B
Tax Provision	(518M)	29M	939M	1.0B	1.2B	1.2B
Interest Income	53M	16M	100M	535M	615.3M	646.0M
Net Interest Income	(1.8B)	(1.9B)	(1.7B)	(1.6B)	(1.5B)	(1.5B)
Reconciled Depreciation	6.9B	6.0B	5.0B	3.8B	3.5B	4.2B

Pair Trading with Broadcom

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Broadcom position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Broadcom will appreciate offsetting losses from the drop in the long position's value.

Moving against Broadcom Stock

0.51	PI	Impinj Inc	Pair Corr
0.41	AMD	Advanced Micro Devices	Pair Corr
0.39	ON	ON Semiconductor	Pair Corr
0.34	FTCI	FTC Solar	Pair Corr

The ability to find closely correlated positions to Broadcom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broadcom when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Broadcom - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Broadcom to buy it.

The correlation of Broadcom is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Broadcom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broadcom moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Broadcom can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Broadcom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Broadcom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Broadcom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Broadcom Stock:

How To Invest In Broadcom

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Is Broadcom Stock a good investment?

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What is Broadcom's Net Worth?

Details

Largest Semiconductors & Semiconductor Equipment Companies

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Largest Information Technology Companies

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To learn how to invest in Broadcom Stock, please use our How to Invest in Broadcom guide.

You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Broadcom. If investors know Broadcom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Broadcom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

1.881

Earnings Share

1.28

Revenue Per Share

10.429

Quarterly Revenue Growth

0.164

Return On Assets

0.077

The market value of Broadcom is measured differently than its book value, which is the value of Broadcom that is recorded on the company's balance sheet. Investors also form their own opinion of Broadcom's value that differs from its market value or its book value, called intrinsic value, which is Broadcom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Broadcom's market value can be influenced by many factors that don't directly affect Broadcom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Broadcom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadcom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadcom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Broadcom Historical Income Statement

About Broadcom Income Statement Analysis

Broadcom Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Interest Income

Broadcom income statement Correlations

Broadcom Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Broadcom income statement Accounts

Pair Trading with Broadcom

Moving against Broadcom Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Research Development	+ 1.0	Other Operating Expenses
Gross Profit	+ 0.99	Total Revenue
Research Development	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Other Operating Expenses
Total Operating Expenses	+ 0.99	Other Operating Expenses
Income Before Tax	+ 0.99	Operating Income

Total Other Income Expense Net	- 0.96	Total Operating Expenses
Non Operating Income Net Other	- 0.96	Ebit
Non Operating Income Net Other	- 0.96	Operating Income
Non Operating Income Net Other	- 0.94	Income Before Tax
Total Other Income Expense Net	- 0.94	Research Development
Total Other Income Expense Net	- 0.94	Other Operating Expenses