GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Broadcom Inc (NEOE:AVGO) » Definitions » Pretax Margin %

Broadcom (NEOE:AVGO) Pretax Margin % : 26.78% (As of Oct. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Broadcom Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Broadcom's Pre-Tax Income for the three months ended in Oct. 2024 was C$5,177 Mil. Broadcom's Revenue for the three months ended in Oct. 2024 was C$19,334 Mil. Therefore, Broadcom's pretax margin for the quarter that ended in Oct. 2024 was 26.78%.

The historical rank and industry rank for Broadcom's Pretax Margin % or its related term are showing as below:

NEOE:AVGO' s Pretax Margin % Range Over the Past 10 Years
Min: -8.36   Med: 20.37   Max: 42.15
Current: 19.23


NEOE:AVGO's Pretax Margin % is ranked better than
81.72% of 1001 companies
in the Semiconductors industry
Industry Median: 4.66 vs NEOE:AVGO: 19.23

Broadcom Pretax Margin % Historical Data

The historical data trend for Broadcom's Pretax Margin % 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 Pretax Margin % Chart

Broadcom Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.23 24.64 37.45 42.15 19.23

Broadcom Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Pretax Margin % 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 42.68 11.22 16.06 21.47 26.78

Competitive Comparison of Broadcom's Pretax Margin %

For the Semiconductors subindustry, Broadcom's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Broadcom's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Broadcom's Pretax Margin % falls into.



Broadcom Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

Pretax Margin=Pre-Tax Income (A: Oct. 2024 )/Revenue (A: Oct. 2024 )
=13641.441/70950.352
=19.23 %

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

Pretax Margin=Pre-Tax Income (Q: Oct. 2024 )/Revenue (Q: Oct. 2024 )
=5176.759/19334.088
=26.78 %

* 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.


Broadcom  (NEOE:AVGO) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Broadcom Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Broadcom's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


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.