Broadcom Inc.AVGO

Market cap

$1.6T

P/E ratio

	Nov 4, 2018	Nov 3, 2019	Nov 1, 2020	Oct 31, 2021	Oct 30, 2022	Oct 29, 2023	Nov 3, 2024
Products	-	18,117	17,435	20,886	26,277	27,891	30,359
Subscriptions and services	-	4,480	6,453	6,564	6,926	7,928	21,215
Total net revenue	-	22,597	23,888	27,450	33,203	35,819	51,574
Cost of products sold	-	6,208	5,892	6,555	7,629	8,636	9,797
Cost of subscriptions and services	-	515	626	607	627	636	2,991
Amortization of acquisition-related intangible assets	3,004	3,314	3,819	3,427	2,847	1,853	6,023
Restructuring charges	20	77	35	17	5	4	254
Total cost of revenue	10,115	10,114	10,372	10,606	11,108	11,129	19,065
Gross margin	10,733	12,483	13,516	16,844	22,095	24,690	32,509
Research and development	3,768	4,696	4,968	4,854	4,919	5,253	9,310
Selling, general and administrative	1,056	1,709	1,935	1,347	1,382	1,592	4,959
Amortization of acquisition-related intangible assets	541	1,898	2,401	1,976	1,512	1,394	3,244
Restructuring and other charges	219	736	198	148	57	244	1,533
Total operating expenses	5,598	9,039	9,502	8,325	7,870	8,483	19,046
Operating income	5,135	3,444	4,014	8,519	14,225	16,207	13,463
Interest expense	628	1,444	1,777	1,885	1,737	1,622	3,953
Other income (expense), net	144	226	206	131	-54	512	406
Income from continuing operations before income taxes	4,545	2,226	2,443	6,765	12,434	15,097	9,916
Provision for income taxes	-8,084	-510	-518	29	939	1,015	3,748
Income from continuing operations	12,629	2,736	2,961	6,736	11,495	-	6,168
Loss from discontinued operations, net of income taxes	-19	-12	-1	-	-	-	-273
Net income	12,610	2,724	2,960	6,736	11,495	14,082	5,895
Dividends on preferred stock	-	29	297	299	272	-	-
Net income attributable to common stock	-	2,695	2,663	6,437	11,223	14,082	5,895
Net income per share	29.33	6.77	6.62	15.7	27.44	33.93	1.27
Net income per share	28.44	6.43	6.33	15	26.53	32.98	1.23