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Broadcom

Broadcom's net profit rose 98.1% yoy to USD 7,830 mil in 2021

By Helgi Library - August 29, 2022

Broadcom made a net profit of USD 7,830 mil with revenues of USD 28,501 mil in 2021, up by 98.1% and up by 15.5%, r...

Broadcom's price/earnings (P/E) fell 24.8% yoy to 37.9 in 2021

By Helgi Library - August 29, 2022

Broadcom stock traded at USD 665 per share at the end 2021 translating into a market capitalization of USD 285,457 mil. Since the...

Broadcom's Net Margin rose 71.6% yoy to 27.5% in 2021

By Helgi Library - August 29, 2022

Broadcom made a net profit of USD 7,830 mil with revenues of USD 28,501 mil in 2021, up by 98.1% and up by 15.5%, respective...

Profit Statement 2023 2024 2025
Sales USD mil 35,163 35,889 38,448
Gross Profit USD mil 24,065 23,549 25,376
EBITDA USD mil 15,588 16,665 17,210
EBIT USD mil 15,044 15,918 16,248
Financing Cost USD mil ... ... ...
Pre-Tax Profit USD mil 13,544 14,418 14,748
Net Profit USD mil 12,313 13,108 13,407
Dividends USD mil 7,900 7,596 7,763
Balance Sheet 2023 2024 2025
Total Assets USD mil 77,339 87,282 96,519
Non-Current Assets USD mil 61,408 63,250 65,148
Current Assets USD mil 15,931 24,032 31,371
Working Capital USD mil 3,351 3,553 3,768
Shareholders' Equity USD mil 15,171 20,683 26,326
Liabilities USD mil 62,167 66,600 70,192
Total Debt USD mil 39,505 39,505 39,505
Net Debt USD mil 29,286 21,505 14,505
Ratios 2023 2024 2025
ROE % 74.5 73.1 57.0
ROCE % 19.3 19.9 19.8
Gross Margin % 68.4 65.6 66.0
EBITDA Margin % 44.3 46.4 44.8
EBIT Margin % 42.8 44.4 42.3
Net Margin % 35.0 36.5 34.9
Net Debt/EBITDA 1.88 1.29 0.843
Net Debt/Equity % 193 104 55.1
Cost of Financing % ... ... ...
Valuation 2023 2024 2025
Market Capitalisation USD mil 213,610 213,610 213,610
Enterprise Value (EV) USD mil 242,896 235,115 228,115
Number Of Shares mil 410 410 410
Share Price USD 521 521 521
EV/EBITDA 15.6 14.1 13.3
EV/Sales 6.91 6.55 5.93
Price/Earnings (P/E) 17.3 16.3 15.9
Price/Book Value (P/BV) 14.1 10.3 8.11
Dividend Yield % 3.70 3.56 3.63

Get all company financials in excel:

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overview Unit 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
income statement                                        
Sales USD mil                         21,310 22,666 24,685 28,501 33,934      
Gross Profit USD mil                         11,313 12,539 14,204 17,941 22,121      
EBIT USD mil                         4,747 3,603 5,137 9,790 13,977      
Net Profit USD mil                         6,500 2,638 3,953 7,830 11,342      
                                           
ROE % ...                       24.9 10.6 15.1 32.1 55.1      
EBIT Margin %                         22.3 15.9 20.8 34.3 41.2      
Net Margin %                         30.5 11.6 16.0 27.5 33.4      
Employees     ...                   15,000 19,000 21,000 20,000 ... ... ... ...
balance sheet                                        
Total Assets USD mil                         72,110 81,006 76,972 73,224 75,247      
Non-Current Assets USD mil                         61,506 68,897 62,672 57,883 59,620      
Current Assets USD mil                         10,604 12,109 14,300 15,341 15,628      
                                           
Shareholders' Equity USD mil                         23,224 24,396 23,999 22,994 17,872      
Liabilities USD mil                         48,886 56,610 52,973 50,230 57,375      
Non-Current Liabilities USD mil                         40,537 48,871 46,279 43,943 52,538      
Current Liabilities USD mil                         8,349 7,739 6,694 6,287 4,837      
                                           
Net Debt/EBITDA                         6.17 9.33 5.68 2.84 2.02      
Net Debt/Equity %                         140 160 135 127 164      
Cost of Financing % ...                       2.86 3.63 4.45 4.23 ... ... ... ...
cash flow                                        
Total Cash From Operations USD mil                         9,327 9,887 12,852 14,137 17,064      
Total Cash From Investing USD mil                         -15,640 -11,216 -244 -432 -500      
Total Cash From Financing USD mil                         4,330 2,680 -9,500 -13,038 -6,863      
Net Change In Cash USD mil                         -1,983 1,351 3,108 667 0      
valuation                                        
Market Capitalisation USD mil ... ... ... ... ... ... ... ... ... ... ...   109,200 132,491 184,398 285,457 213,610      
Enterprise Value (EV) USD mil ... ... ... ... ... ... ... ... ... ... ...   141,748 171,428 216,778 314,743 242,896      
Number Of Shares mil ... ... ... ... ... ... ... ... ... ... ...   430 418 421 429 410      
Share Price USD ... ... ... ... ... ... ... ... ... ... ...   254 317 438 665 521      
Price/Earnings (P/E) ... ... ... ... ... ... ... ... ... ... ...   16.8 52.3 50.4 37.9 19.0      
Price/Cash Earnings (P/CE) ... ... ... ... ... ... ... ... ... ... ...   15.5 41.3 40.8 34.1 18.0      
EV/EBITDA ... ... ... ... ... ... ... ... ... ... ...   26.9 41.1 38.0 30.5 16.7      
Price/Book Value (P/BV) ... ... ... ... ... ... ... ... ... ... ...   4.70 5.43 7.68 12.4 12.0      
Dividend Yield % ... ... ... ... ... ... ... ... ... ... ...   3.09 3.55 3.15 2.32 3.21      
income statement Unit 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
income statement                                        
Sales USD mil                         21,310 22,666 24,685 28,501 33,934      
Cost of Goods & Services USD mil                         9,997 10,127 10,481 10,560 11,814      
Gross Profit USD mil                         11,313 12,539 14,204 17,941 22,121      
Selling, General & Admin USD mil ... ...                     1,236 1,839 1,673 1,329 ... ... ... ...
Research & Development USD mil                         3,976 4,852 4,890 4,849 ... ... ... ...
Other Operating Expense USD mil ... ... ...                   1,354 2,245 2,504 1,973 ... ... ... ...
Other Operating Cost (Income) USD mil ... ...                     0 0 0 0 ... ... ... ...
EBITDA USD mil                         5,279 4,175 5,699 10,327 14,520      
Depreciation USD mil ... ... ...                   532 572 562 537 543      
EBIT USD mil                         4,747 3,603 5,137 9,790 13,977      
Net Financing Cost USD mil   ... ... ... ... ...             722 1,454 1,804 ... ... ... ... ...
Financing Cost USD mil                         790 1,505 1,941 1,722 ... ... ... ...
Financing Income USD mil ... ... ... ... ... ...             110 73.5 0 ... ... ... ... ...
FX (Gain) Loss USD mil                         0 0 0 ... ... ... ... ...
(Income) / Loss from Affiliates USD mil ... ... ...         ... ... ...     0 ... ... ... ... ... ... ...
Extraordinary Cost USD mil                         14.0 -3.00 6.00 0 ... ... ... ...
Pre-Tax Profit USD mil                         4,028 2,252 3,523 8,068 12,477      
Tax USD mil                         -2,501 -383 -436 238 1,134      
Minorities USD mil   ... ...                   15.0 0 0 0 ... ... ... ...
Net Profit USD mil                         6,500 2,638 3,953 7,830 11,342      
Net Profit Avail. to Common USD mil                         6,500 2,535 3,656 7,531 11,267      
Dividends USD mil ... ... ...                   3,269 4,463 5,544 6,337 6,863      
growth rates                                        
Total Revenue Growth % ...                       13.2 6.36 8.91 15.5 19.1      
Operating Cost Growth % ...                       3.96 36.1 1.47 -10.1 ... ... ... ...
EBITDA Growth % ...                       60.7 -20.9 36.5 81.2 40.6      
EBIT Growth % ...                       68.3 -24.1 42.6 90.6 42.8      
Pre-Tax Profit Growth % ...                       71.2 -44.1 56.4 129 54.6      
Net Profit Growth % ...                       -15.4 -61.0 44.2 106 49.6      
ratios                                        
ROE % ...                       24.9 10.6 15.1 32.1 55.1      
ROA % ...                       10.3 3.45 5.00 10.4 15.3      
ROCE % ...                       11.6 3.82 5.74 12.4 18.3      
Gross Margin %                         53.1 55.3 57.5 62.9 65.2      
EBITDA Margin %                         24.8 18.4 23.1 36.2 42.8      
EBIT Margin %                         22.3 15.9 20.8 34.3 41.2      
Net Margin %                         30.5 11.6 16.0 27.5 33.4      
Payout Ratio % ... ... ...                   50.3 169 140 80.9 60.5      
Cost of Financing % ...                       2.86 3.63 4.45 4.23 ... ... ... ...
Net Debt/EBITDA                         6.17 9.33 5.68 2.84 2.02      
balance sheet Unit 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
balance sheet                                        
Cash & Cash Equivalents USD mil ... ...                     5,093 6,444 9,552 10,219 10,219      
Receivables USD mil                         3,677 3,651 2,524 2,539 2,666      
Inventories USD mil                         1,074 944 952 1,520 1,626      
Other ST Assets USD mil                         1,003 1,070 1,272 1,063 1,116      
Current Assets USD mil                         10,604 12,109 14,300 15,341 15,628      
Property, Plant & Equipment USD mil                         2,684 3,236 2,496 2,303 2,372      
LT Investments & Receivables USD mil                         0 0 0 0 0      
Intangible Assets USD mil                         58,140 64,937 58,876 53,694 53,694      
Goodwill USD mil                         36,647 43,472 43,457 43,450 43,450      
Non-Current Assets USD mil                         61,506 68,897 62,672 57,883 59,620      
Total Assets USD mil                         72,110 81,006 76,972 73,224 75,247      
                                           
Trade Payables USD mil                         738 985 898 1,078 1,132      
Short-Term Debt USD mil                         3,537 2,406 864 300 300      
Other ST Liabilities USD mil                         3,775 5,414 3,568 3,405 3,405      
Current Liabilities USD mil                         8,349 7,739 6,694 6,287 4,837      
Long-Term Debt USD mil                         34,104 42,975 41,068 39,205 39,205      
Other LT Liabilities USD mil                         6,602 7,427 5,780 5,325 5,325      
Non-Current Liabilities USD mil                         40,537 48,871 46,279 43,943 52,538      
Liabilities USD mil                         48,886 56,610 52,973 50,230 57,375      
Preferred Equity and Hybrid Capital USD mil                         0 3,738 3,738 3,737 3,737      
Share Capital USD mil                         23,081 20,790 20,368 19,372 19,372      
Treasury Stock USD mil                         0 0 0 0 ... ... ... ...
Equity Before Minority Interest USD mil                         23,224 24,396 23,999 22,994 17,872      
Minority Interest USD mil                         0 0 0 0 ... ... ... ...
Equity USD mil                         23,224 24,396 23,999 22,994 17,872      
growth rates                                        
Total Asset Growth % ...                       32.2 12.3 -4.98 -4.87 2.76      
Shareholders' Equity Growth % ...                       -20.1 5.05 -1.63 -4.19 -22.3      
Net Debt Growth % ...                       210 19.6 -16.8 -9.56 0      
Total Debt Growth % ...                       114 20.6 -7.60 -5.79 0      
ratios                                        
Total Debt USD mil                         37,641 45,381 41,932 39,505 39,505      
Net Debt USD mil                         32,548 38,937 32,380 29,286 29,286      
Working Capital USD mil                         4,013 3,610 2,578 2,981 3,160      
Capital Employed USD mil                         65,519 72,507 65,250 60,864 62,780      
Net Debt/Equity %                         140 160 135 127 164      
Current Ratio                         1.27 1.56 2.14 2.44 3.23      
Quick Ratio ... ...                     1.05 1.30 1.80 2.03 2.66      
cash flow Unit 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
cash flow                                        
Net Profit USD mil                         6,500 2,638 3,953 7,830 11,342      
Depreciation USD mil ... ... ...                   532 572 562 537 543      
Non-Cash Items USD mil                         -1,387 1,158 707 923 786      
Change in Working Capital USD mil                         -142 14.0 1,482 -411 -179      
Total Cash From Operations USD mil                         9,327 9,887 12,852 14,137 17,064      
                                           
Capital Expenditures USD mil ... ... ...                   -512 -353 -457 -426 -500      
Net Change in LT Investment USD mil                         0 0 0 0 ... ... ... ...
Net Cash From Acquisitions USD mil ... ... ...                   -15,093 -10,876 208 45.0 ... ... ... ...
Other Investing Activities USD mil                         -35.0 13.0 5.00 -51.0 ... ... ... ...
Total Cash From Investing USD mil                         -15,640 -11,216 -244 -432 -500      
                                           
Dividends Paid USD mil                         -3,310 -4,540 -5,705 -6,433 -6,863      
Issuance Of Shares USD mil                         -10,510 936 -322 -3,662 0      
Issuance Of Debt USD mil                         17,779 5,555 -2,437 -2,550 0      
Other Financing Activities USD mil                         371 729 -1,036 -393 ... ... ... ...
Total Cash From Financing USD mil                         4,330 2,680 -9,500 -13,038 -6,863      
                                           
Effect of FX Rates USD mil ... ... ...                   0 0 0 0 ... ... ... ...
Net Change In Cash USD mil                         -1,983 1,351 3,108 667 0      
ratios                                        
Days Sales Outstanding days                         63.0 58.8 37.3 32.5 28.7      
Days Sales Of Inventory days                         39.2 34.0 33.2 52.5 50.3      
Days Payable Outstanding days                         26.9 35.5 31.3 37.3 35.0      
Cash Conversion Cycle days                         75.2 57.3 39.2 47.8 44.0      
Cash Earnings USD mil ... ... ...                   7,032 3,210 4,515 8,367 11,886      
Free Cash Flow USD mil                         -6,313 -1,329 12,608 13,705 16,564      
Capital Expenditures (As % of Sales) % ... ... ...                   2.40 1.56 1.85 1.49 1.47      
other ratios Unit 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
                                         
Employees     ...                   15,000 19,000 21,000 20,000 ... ... ... ...
Operating Cost (As % of Sales) %                         30.8 39.4 36.7 28.6 ... ... ... ...
Research & Development (As % of Sales) %                         18.7 21.4 19.8 17.0 ... ... ... ...
Effective Tax Rate %                         -62.1 -17.0 -12.4 2.95 9.09      
Total Revenue Growth (5-year average) % ... ... ... ... ...               51.7 34.3 28.8 12.8 12.5      
Total Revenue Growth (10-year average) % ... ... ... ... ... ... ... ... ... ...     29.0 30.6 27.4 28.4 30.5      
valuation Unit 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
                                         
Market Capitalisation USD mil ... ... ... ... ... ... ... ... ... ... ...   109,200 132,491 184,398 285,457 213,610      
Enterprise Value (EV) USD mil ... ... ... ... ... ... ... ... ... ... ...   141,748 171,428 216,778 314,743 242,896      
Number Of Shares mil ... ... ... ... ... ... ... ... ... ... ...   430 418 421 429 410      
Share Price USD ... ... ... ... ... ... ... ... ... ... ...   254 317 438 665 521      
EV/EBITDA ... ... ... ... ... ... ... ... ... ... ...   26.9 41.1 38.0 30.5 16.7      
Price/Earnings (P/E) ... ... ... ... ... ... ... ... ... ... ...   16.8 52.3 50.4 37.9 19.0      
Price/Cash Earnings (P/CE) ... ... ... ... ... ... ... ... ... ... ...   15.5 41.3 40.8 34.1 18.0      
P/FCF ... ... ... ... ... ... ... ... ... ... ...   -17.3 -99.7 14.6 20.8 12.9      
Price/Book Value (P/BV) ... ... ... ... ... ... ... ... ... ... ...   4.70 5.43 7.68 12.4 12.0      
Dividend Yield % ... ... ... ... ... ... ... ... ... ... ...   3.09 3.55 3.15 2.32 3.21      
Free Cash Flow Yield % ... ... ... ... ... ... ... ... ... ... ...   -5.78 -1.00 6.84 4.80 7.75      
Earnings Per Share (EPS) USD ... ... ... ... ... ... ... ... ... ... ...   15.1 6.07 8.68 17.6 27.5      
Cash Earnings Per Share USD ... ... ... ... ... ... ... ... ... ... ...   16.4 7.68 10.7 19.5 29.0      
Free Cash Flow Per Share USD ... ... ... ... ... ... ... ... ... ... ...   -14.7 -3.18 29.9 31.9 40.4      
Book Value Per Share USD ... ... ... ... ... ... ... ... ... ... ...   54.0 58.4 57.0 53.6 43.6      
Dividend Per Share USD ... ... ... ... ... ... ... ... ... ... ...   7.84 11.2 13.8 15.5 16.7      
EV/Sales ... ... ... ... ... ... ... ... ... ... ...   6.65 7.56 8.78 11.0 7.16      
EV/EBIT ... ... ... ... ... ... ... ... ... ... ...   29.9 47.6 42.2 32.1 17.4      
EV/Free Cash Flow ... ... ... ... ... ... ... ... ... ... ...   -22.5 -129 17.2 23.0 14.7      
EV/Capital Employed ... ... ... ... ... ... ... ... ... ... ...   2.16 2.36 3.32 5.17 3.87      
Earnings Per Share Growth % ... ... ... ... ... ... ... ... ... ... ... ... -17.4 -59.9 43.2 102 56.5      
Cash Earnings Per Share Growth % ... ... ... ... ... ... ... ... ... ... ... ... -15.7 -53.0 39.6 81.9 48.6      
Book Value Per Share Growth % ... ... ... ... ... ... ... ... ... ... ... ... -22.0 8.06 -2.34 -5.97 -18.7      

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Broadcom's Share Price rose 51.9% yoy to USD 665 in 2021

By Helgi Library - August 29, 2022

Broadcom stock traded at USD 665 per share at the end 2021 implying a market capitalization of USD 285,457 mil. Since the end of 2016, stock has appreciated by % implying an annual average growth of % In absolute terms, the value of the company rose ...

Broadcom's Capital Expenditures rose 6.78% yoy to USD 426 mil in 2021

By Helgi Library - August 29, 2022

Broadcom invested a total of USD 426 mil in 2021, down 6.78% compared to the previous year. Historically, between 2009 - 2021, the company's investments stood at a high of USD 903 mil in 2016 and a low of USD 55.0 mil in 2009. As a pe...

Broadcom's P/FCF rose 42.4% yoy to 20.8 in 2021

By Helgi Library - August 29, 2022

Broadcom stock traded at USD 665 per share at the end 2021 translating into a market capitalization of USD 285,457 mil. Since the end of 2016, the stock has appreciated by 0% representing an annual average growth of %. At the end of 2021, the firm traded...

Broadcom's Net Debt/EBITDA fell 50.1% yoy to 2.84 in 2021

By Helgi Library - August 29, 2022

Broadcom's net debt stood at USD 29,286 mil and accounted for 127% of equity at the end of 2021. The ratio is down 7.56 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of 160% in 2019 and a low of ...

Broadcom's ROCE rose 116% yoy to 12.4% in 2021

By Helgi Library - August 28, 2022

Broadcom made a net profit of USD 7,830 mil in 2021, up 98.1% compared to the previous year. Historically, between 2006 and 2021, the company's net profit reached a high of USD 7,830 mil in 2021 and a low of USD -1,877 mil in 2016. The result implies a re...

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Finance

Broadcom has been growing its sales by a year on average in the last 5 years. EBITDA has grown by 0% during that time to total of in 2025, or of sales. That’s compared to % average margin seen in last five years.

The company netted in 2025 implying ROE of and ROCE of . Again, the average figures were % and %, respectively when looking at the previous 5 years.

Broadcom’s net debt amounted to at the end of 2025, or of equity. When compared to EBITDA, net debt was x, up when compared to average of x seen in the last 5 years.

Valuation

Broadcom stock traded at per share at the end of 2025 resulting in a market capitalization of . Over the previous five years, stock price grew by 0% or % a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of x and price to earnings (PE) of x as of 2025.