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Broadcom Inc
NASDAQ:AVGO

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Broadcom Inc Logo
Broadcom Inc
NASDAQ:AVGO
Watchlist
Price: 1 308.66 USD 1.1%
Updated: Apr 26, 2024

ROE
Return on Equity

24.9%
Current
39%
Average
4.9%
Industry

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
24.9%
=
Net Income
11.6B
/
Equity
46.8B

ROE Across Competitors

ROE Comparison
Broadcom Inc Competitors

Country US
Market Cap 599.3B USD
ROE
25%
Country US
Market Cap 2T USD
ROE
93%
Country TW
Market Cap 20.3T TWD
ROE
26%
Country US
Market Cap 248.5B USD
ROE
2%
Country US
Market Cap 182.6B USD
ROE
38%
Country US
Market Cap 159.3B USD
ROE
37%
Country US
Market Cap 148.4B USD
ROE
2%
Country US
Market Cap 123.5B USD
ROE
-8%
Country UK
Market Cap 100.4B USD
ROE
14%
Country US
Market Cap 98.2B USD
ROE
8%
Country KR
Market Cap 122.4T KRW
ROE
-16%

Profitability Report

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

See Also

Discover More
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
24.9%
=
Net Income
11.6B
/
Equity
46.8B
What is the ROE of Broadcom Inc?

Based on Broadcom Inc's most recent financial statements, the company has ROE of 24.9%.