Broadcom

Information Technology Semiconductors Palo Alto, California Last filing Dec 18, 2025 · FY2025

                    Revenue
                    FY2025
                
$63.9B
                    3y CAGR +24.4%
                    
                    P90
                    
                    n/a
                    
                    Net income
                    FY2025
                
$23.1B
                    Net margin +36.2%
                    
                    P92
                    
                    n/a
                    
                    Total assets
                    FY2025
                
$171.1B
                    ROA +13.5%
                    
                    P76
                    
                    n/a
                    
                    Operating cash flow
                    FY2025
                
$27.5B
                    FCF margin +42.1%
                    
                    P97
                    
                    n/a

10 yrs · FY2016–FY2025 9 filed · 0 derived · 0 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Each cell as a share of that year’s revenue.

Balance Sheet

Assets, liabilities, and equity

28 accounts · 1 year

Total assets $171.1B

Total liabilities $89.8B

Shareholders equity $81.3B

Account	2025	Trend
Assets
Cash and Cash Equivalents	25.3%
Accounts Receivable	11.2%
Inventory	3.6%
Prepaid Expenses	9.4%
Other Current Assets	9.4%
Total Current Assets	49.4%
Property,Plant and Equipment	4.0%
Goodwill	153.1%
Intangible Assets	50.5%
Other Noncurrent Assets	10.8%
Total Assets	267.8%
Liabilities
Accounts Payable	2.4%
Accrued Liabilities	1.0%
Deferred Revenue	14.8%
Current Portion of Long Term Debt	4.9%
Other Current Liabilities	18.3%
Total Current Liabilities	29.0%
Long Term Debt	105.1%
Deferred Revenue Noncurrent	5.6%
Other Noncurrent Liabilities	14.6%
Total Liabilities	140.6%
Equity
Preferred Stock	0.0%
Common Stock	0.0%
Additional Paid In Capital	111.6%
Retained Earnings	15.3%
Accumulated Other Comprehensive Income	0.3%
Total Stockholders Equity	127.2%
Total Liabilitiesand Equity	267.8%

Income Statement

Revenue, expense, and profitability

20 accounts · 1 year

Revenue $63.9B

Operating income $25.5B

Net income $23.1B

Account	2025	Trend
IncomeStatement
Revenues Total Revenue	100.0%
Expenses Cost of Revenue	32.2%
Expenses Research and Development	17.2%
Expenses Selling,General and Administrative	6.6%
Expenses Depreciation and Amortization	0.9%
Expenses Share Based Compensation	11.8%
Expenses Restructuring and Asset Impairment	1.0%
Expenses Operating Expenses	27.9%
Other Income Expense Gross Profit	67.8%
Other Income Expense Operating Income	39.9%
Other Income Expense Interest Expense	5.0%
Other Income Expense Other Income/expense	0.7%
Other Income Expense Income Before Tax	35.6%
Income Tax Income Tax Expense	-0.6%
net Income net Income	36.2%
net Income Comprehensive Income	0.0%
Earnings Per Share Basic Eps	0.0%
Earnings Per Share Diluted Eps	0.0%
Earnings Per Share Weighted Average Shares Basic	7.4%
Earnings Per Share Weighted Average Shares Diluted	7.6%

Cash Flow Statement

Operating, investing, and financing flows

23 accounts · 1 year

Operating cash flow $27.5B

Investing cash flow $-580.0M

Financing cash flow $-20.1B

Account	2025	Trend
CashFlow
Operating Activities net Income	36.2%
Operating Activities Depreciation and Amortization	12.6%
Operating Activities Stock Based Compensation	11.8%
Operating Activities Deferred Income Taxes	-3.2%
Operating Activities Changes In Operating Assets and Liabilities	4.9%
Operating Activities net Cash From Operating Activities	43.1%
Investing Activities Capital Expenditures	1.0%
Investing Activities Business Acquisitions	0.0%
Investing Activities Purchases of Investments	0.9%
Investing Activities Other Investing Activities	-0.1%
Investing Activities net Cash From Investing Activities	-0.9%
Financing Activities Proceeds From Debt	24.5%
Financing Activities Repayment of Debt	28.9%
Financing Activities Repurchase of Common Stock	3.8%
Financing Activities Dividends Paid	17.4%
Financing Activities Proceeds From Stock Issuance	0.3%
Financing Activities Tax Withholding On Stock Based Compensation	6.0%
Financing Activities Other Financing Activities	-0.1%
Financing Activities net Cash From Financing Activities	-31.5%
Cash Reconciliation Effect of Exchange Rate On Cash	25.3%
Cash Reconciliation net Change In Cash	10.7%
Cash Reconciliation Cash At Beginning of Period	25.3%
Cash Reconciliation Cash At End of Period	25.3%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 1 year

Ratio	2025
Profitability
Gross margin	+67.8%
Operating margin	+39.9%
Net margin	+36.2%
FCF margin	+42.1%
Growth
Revenue CAGR (3y)	+24.4%
Returns
ROE	+28.4%
ROA	+13.5%
ROIC	+18.8%
Liquidity
Current ratio	1.71x
Quick ratio	1.26x
Leverage
D/E	1.10x
Interest coverage	7.94x
Efficiency
Asset turnover	0.37x
Cash conversion cycle	+53d

Valuation

Price against fundamentals

AVGO $328 · 2025-09-29 · 351d old · FY2025

Market cap $1.6T

P/E 68.81x

P/S 24.91x

P/B 19.58x

EV $1.6T

EV/EBITDA 63.14x

FCF yield +1.7%

Dividend yield +0.7%

Notes

Your annotations

Not watched