Broadcom Inc.(AVGO)
NASDAQ

Fundamental Analysis & Financials

$332.65
-1.34 (-0.40%)

Valuation Snapshot

What the multiples imply about expectations

The market considers the company to be a mega-cap leader with a significant market presence. At current multiples, it trades at a premium—reflecting strong brand and market position, but leaving limited room for disappointment.

Valuation Metrics

Ratios and multiples

Forward P/E
23.21
EV/Revenue (TTM)2.61
Price/FCF (TTM)63.53

Financial Health

Liquidity and leverage

ROE (TTM)31.05%
ROA (TTM)9.79%
Debt/Equity (MRQ)166.03

The company's financial health appears excellent. High ROE and strong ROA reflect highly efficient capital use. Note: ROE is materially amplified by leverage and share repurchases. Debt is elevated but represents structural leverage for shareholder return strategy (buybacks) rather than operational stress.

Valuation Multiples

Current valuation metrics

P/E Ratio70.36
P/B Ratio5.67
P/S Ratio24.91
EV/EBITDA4.76
PEG Ratio0.90

Quarterly Earnings History

Recent quarterly financial performance and trends

Latest Quarter
Q4 2025
Revenue (TTM)
$18.02B
Net Income (TTM)
$8.52B
EPS (Diluted)
$1.74
QuarterRevenueNet IncomeGross ProfitEPS (Basic)EPS (Diluted)Gross MarginNet Margin
Q4 2025(Latest)$18.02B$8.52B$12.25B$1.80$1.7468.0%47.3%
Q3 2025$15.95B$4.14B$10.70B$0.88$0.8567.1%25.9%
Q2 2025$15.00B$4.96B$10.20B$1.05$1.0368.0%33.1%
Q1 2025$14.92B$5.50B$10.14B$1.17$1.1468.0%36.9%

Key Insights:

  • Revenue increased by 12.9% from previous quarter
  • Net margin of 47.3% indicates strong profitability
  • EPS improved by 104.7% quarter-over-quarter

Financial Efficiency

Utilization and collections performance

Asset Turnover 0.37 indicates low efficiency. Receivables Turnover 8.94 and DSO 40.82 reflect good collections. Working Capital Turnover 4.89 is moderately efficient. ROIC 15.8% highlights moderate capital returns.

Efficiency Metrics

Asset Turnover0.37
Receivables Turnover8.94
Working Capital Turnover4.89
Days Sales Outstanding40.82
Days Inventory Outstanding40.23
ROIC (TTM)15.8%
Inventory Turnover9.07
Cash Conversion Cycle53.41

Profitability & Growth

Margins and earnings power

Revenue (TTM)
$63.89B
16.40 YoY
Profit Margin (TTM)
36.20%
Operating Margin (TTM)
31.77%
Gross Profit (TTM)
$49.40B
Gross Margin 77.33%
EBITDA (TTM)
$35.00B
EBITDA Margin 54.79%
Net Income (TTM)
$23.13B
Earnings 188.10% YoY

Efficiency Performance Matrix

4-quadrant analysis of operational efficiency vs profitability

Efficiency vs Profitability Quadrants

High Efficiency
High Margin
High Efficiency
Low Margin
Low Efficiency
High Margin
Low Efficiency
Low Margin

Efficiency Analysis

Asset Turnover
Efficiency:0.37x
Margin:77.3%
Quadrant:Margin-Driven
Receivables Turnover
Efficiency:8.94x
Margin:31.8%
Quadrant:Optimal
Working Capital
Efficiency:4.89x
Margin:36.2%
Quadrant:Margin-Driven
Overall Efficiency Score

Profit-focused operations with efficiency opportunities

⚠️ Thresholds are benchmark-based heuristics derived from long-term industry averages, not strict valuation rules.

• Bubble size represents ROIC magnitude

• Green (Optimal): Excellent efficiency-profitability balance

• Blue (Efficiency-Driven): High turnover, room to improve margins

• Yellow (Margin-Driven): Strong margins, opportunity to improve efficiency

• Red (Weak Operations): Areas needing improvement on both dimensions

Market Data & Share Structure

Comprehensive valuation metrics and ownership breakdown

Market Data & Capitalization

Market Cap
$1.59T
Mega-cap: Premium liquidity & institutional favorite
Enterprise Value
$166.45B
EV 90% < Market Cap: Net cash position
Next Earnings Date
03/04/2026
7 days away - expect increased volatility

Share Statistics & Ownership

Shares Outstanding
N/A
Total shares issued and held by all shareholders
Shares Float
N/A
Shares available for public trading
Institutional Ownership
N/A
Held by funds, pensions, endowments
Insider Ownership
N/A
Held by executives and board members
Shares Short
N/A
Shares sold short - bearish bets
Implied Shares Outstanding
N/A
Calculated from market cap and price

Profitability Margin Pyramid

Hierarchical view of margin compression from revenue to net income

Margin Hierarchy by Profitability Level

100.0%
Revenue
$63.89B
77.3%
Gross Profit
$49.40B
54.8%
EBITDA
$35.00B
36.2%
Net Income
$23.13B
Margin Profile:
Revenue100.0% margin (Top line revenue generation)
Gross Profit77.3% margin (Revenue minus cost of goods sold)
EBITDA54.8% margin (Earnings before interest, taxes, depreciation, and amortization)
Net Income36.2% margin (Bottom line profitability after all expenses)

Margin Analysis

Total Revenue

Amount:$63.89B
Margin:100.0%
Top line revenue generation

Gross Profit

Amount:$49.40B
Margin:77.3%
Revenue minus cost of goods sold

EBITDA

Amount:$35.00B
Margin:54.8%
Earnings before interest, taxes, depreciation, and amortization

Net Income

Amount:$23.13B
Margin:36.2%
Bottom line profitability after all expenses

Margin Quality Assessment

Excellent margin structure with strong bottom-line profitability

• Larger circles represent higher dollar amounts

• Margin percentages show profitability at each level

• Blue: Revenue base

• Green: Gross profitability

• Yellow: Operating performance

• Red: Net profitability

Operating Cash & Liquidity

Core cash generation and short-term solvency

Cash Flow Analysis

Operating Cash Flow (TTM)

$27.54B

Cash from core operations

Free Cash Flow (TTM)

$25.04B

Available after capex

Financial Position & Liquidity

Current Ratio

1.71

Healthy

Quick Ratio

1.53

Strong

Net Cash

$-29.35B

Net debtor

Total Cash

$11.11B

Balance sheet cash

Total Debt

$40.46B

Outstanding borrowings

Dividends & Shareholder Returns

Policy stance and implications

The company maintains a very sustainable dividend policy with a payout ratio of 49.5% (FCF coverage: 2.2x). Solid cash flow coverage maintains modest dividend policy with good stability for income investors.

Payout Ratio
49.48%
Trailing Dividend Rate
2.42
Trailing Dividend Yield
0.72%
5 Year Avg Dividend Yield
2.02%
Forward Annual Dividend Rate
2.6
Ex-Dividend Date
12/22/2025
Last Split
07/15/2024 (10.00)