Broadcom Inc
NASDAQ:AVGO
ROIC
Return on Invested Capital
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
ROIC Across Competitors
ROIC Comparison
Broadcom Inc Competitors
Country | US |
Market Cap | 594.4B USD |
ROIC |
13%
|
Country | US |
Market Cap | 2.1T USD |
ROIC |
94%
|
Country | TW |
Market Cap | 20.9T TWD |
ROIC |
22%
|
Country | US |
Market Cap | 248.9B USD |
ROIC |
1%
|
Country | US |
Market Cap | 183.7B USD |
ROIC |
23%
|
Country | US |
Market Cap | 150.9B USD |
ROIC |
0%
|
Country | US |
Market Cap | 150.6B USD |
ROIC |
32%
|
Country | US |
Market Cap | 128.8B USD |
ROIC |
-6%
|
Country | UK |
Market Cap | 110.3B USD |
ROIC |
12%
|
Country | US |
Market Cap | 93.9B USD |
ROIC |
7%
|
Country | KR |
Market Cap | 123.9T KRW |
ROIC |
-7%
|
Profitability Report
View the profitability report to see the full profitability analysis for Broadcom Inc.
See Also
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
Based on Broadcom Inc's most recent financial statements, the company has ROIC of 12.7%.