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Broadcom Inc
NASDAQ:AVGO

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Broadcom Inc
NASDAQ:AVGO
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Price: 1 256.82 USD 0.61% Market Closed
Updated: Apr 25, 2024

ROA
Return on Assets

9.3%
Current
12%
Average
2.5%
Industry
Positive for the last year
9.3%
Positive average
12%
Worse than average
Better than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
9.3%
=
Net Income
11.6B
/
Total Assets
125.4B

ROA Across Competitors

ROA Comparison
Broadcom Inc Competitors

Country US
Market Cap 581.9B USD
ROA
9%
Country US
Market Cap 2T USD
ROA
56%
Country TW
Market Cap 19.9T TWD
ROA
16%
Country US
Market Cap 245.2B USD
ROA
1%
Country US
Market Cap 182.9B USD
ROA
15%
Country US
Market Cap 158.9B USD
ROA
22%
Country US
Market Cap 145.9B USD
ROA
1%
Country US
Market Cap 123.7B USD
ROA
-6%
Country UK
Market Cap 102.4B USD
ROA
9%
Country US
Market Cap 97.4B USD
ROA
6%
Country KR
Market Cap 117.4T KRW
ROA
-9%

Profitability Report

View the profitability report to see the full profitability analysis for Broadcom Inc.

See Also

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What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
9.3%
=
Net Income
11.6B
/
Total Assets
125.4B
What is the ROA of Broadcom Inc?

Based on Broadcom Inc's most recent financial statements, the company has ROA of 9.3%.