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Broadcom (CHIX:1YDD) Gross Profit : €29,986 Mil (TTM As of Oct. 2024)


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What is Broadcom Gross Profit?

Broadcom's gross profit for the three months ended in Oct. 2024 was €8,264 Mil. Broadcom's gross profit for the trailing twelve months (TTM) ended in Oct. 2024 was €29,986 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Broadcom's gross profit for the three months ended in Oct. 2024 was €8,264 Mil. Broadcom's Revenue for the three months ended in Oct. 2024 was €12,902 Mil. Therefore, Broadcom's Gross Margin % for the quarter that ended in Oct. 2024 was 64.05%.

Broadcom had a gross margin of 64.05% for the quarter that ended in Oct. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Broadcom was 68.93%. The lowest was 44.86%. And the median was 55.91%.


Broadcom Gross Profit Historical Data

The historical data trend for Broadcom's Gross Profit 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.

* Premium members only.

Broadcom Gross Profit Chart

Broadcom Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,488.60 14,519.53 22,426.43 23,381.43 29,843.26

Broadcom Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,067.43 6,770.25 7,247.23 7,704.23 8,263.84

Competitive Comparison of Broadcom's Gross Profit

For the Semiconductors subindustry, Broadcom's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Broadcom's Gross Profit Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Broadcom's Gross Profit distribution charts can be found below:

* The bar in red indicates where Broadcom's Gross Profit falls into.



Broadcom Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Broadcom's Gross Profit for the fiscal year that ended in Oct. 2024 is calculated as

Gross Profit (A: Oct. 2024 )=Revenue - Cost of Goods Sold
=47344.932 - 17501.67
=29,843

Broadcom's Gross Profit for the quarter that ended in Oct. 2024 is calculated as

Gross Profit (Q: Oct. 2024 )=Revenue - Cost of Goods Sold
=12901.572 - 4637.736
=8,264

Gross Profit for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €29,986 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Broadcom's Gross Margin % for the quarter that ended in Oct. 2024 is calculated as

Gross Margin % (Q: Oct. 2024 )=Gross Profit (Q: Oct. 2024 ) / Revenue (Q: Oct. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=8,264 / 12901.572
=64.05 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Broadcom  (CHIX:1YDd) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Broadcom had a gross margin of 64.05% for the quarter that ended in Oct. 2024 => Durable competitive advantage


Broadcom Gross Profit Related Terms

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Broadcom Business Description

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

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