Broadcom (Broadcom) Retained Earnings

: $0 Mil (As of Jan. 2024)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Broadcom's retained earnings for the quarter that ended in Jan. 2024 was $0 Mil.

Broadcom's quarterly retained earnings increased from Jul. 2023 ($1,178 Mil) to Oct. 2023 ($2,682 Mil) but then declined from Oct. 2023 ($2,682 Mil) to Jan. 2024 ($0 Mil).

Broadcom's annual retained earnings increased from Oct. 2021 ($748 Mil) to Oct. 2022 ($1,604 Mil) and increased from Oct. 2022 ($1,604 Mil) to Oct. 2023 ($2,682 Mil).

Broadcom Retained Earnings Historical Data

The historical data trend for Broadcom's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Broadcom Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Retained Earnings

748.00

1,604.00

2,682.00

Broadcom Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Retained Earnings																2,371.00	1,363.00	1,178.00	2,682.00	-

Broadcom Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Broadcom (NAS:AVGO) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Broadcom (Broadcom) Business Description

Industry

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Address

3421 Hillview Avenue, Palo Alto, CA, USA, 94304

Website

https://www.broadcom.com

Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.

Executives

Kirsten M. Spears	officer: Principal Accounting Officer	1320 RIDDER PARK, SAN JOSE CA 95131
Hock E Tan	director, officer: President and CEO	BROADCOM INC., 1320 RIDDER PARK DRIVE, SAN JOSE CA 95131
Eddy W Hartenstein	director
Mark David Brazeal	officer: Chief Legal Officer	1320 RIDDER PARK DRIVE, SAN JOSE CA 95131
Charlie B Kawwas	officer: SVP & Chief Sales Officer	C/O AVAGO TECHNOLOGIES U.S. INC., 350 WEST TRIMBLE ROAD, SAN JOSE CA 95131
Justine Lien	director	1320 RIDDER PARK DRIVE, SAN JOSE CA 95131
Harry L. You	director	EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Check Kian Low	director	1320 RIDDER PARK DRIVE, SAN JOSE CA 95131
Raul J Fernandez	director	11600 SUNRISE VALLEY DR, RESTON VA 20191
Gayla J Delly	director	3000 TECHNOLOGY DR, ANGLETON TX 77515
Diane M Bryant	director	2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Thomas H. Krause	officer: Chief Financial Officer	1320 RIDDER PARK, SAN JOSE CA 95131
Henry Samueli	director, officer: Chief Technical Officer	5300 CALIFORNIA AVENUE, IRVINE CA 92617-3038
Bryan Ingram	officer: SVP & GM, Wireless Semicon Div	C/O AVAGO TECHNOLOGIES LIMITED, 350 WEST TRIMBLE ROAD, BLDG. 90, SAN JOSE CA 95131
Donald Macleod	director