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Broadcom (XTER:1YD) Tax Rate % : 151.03% (As of Jul. 2024)


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What is Broadcom Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Broadcom's Tax Expense for the three months ended in Jul. 2024 was €3,907 Mil. Broadcom's Pre-Tax Income for the three months ended in Jul. 2024 was €2,587 Mil. Therefore, Broadcom's Tax Rate % for the quarter that ended in Jul. 2024 was 151.03%.

Broadcom Tax Rate % Historical Data

The historical data trend for Broadcom's Tax Rate % 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 Tax Rate % Chart

Broadcom Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.91 -21.20 0.43 7.55 6.72

Broadcom Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Tax Rate % 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 7.58 11.17 5.07 -5.79 151.03

Broadcom Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Broadcom's Tax Rate % for the fiscal year that ended in Oct. 2023 is calculated as

Tax Rate %=Tax Expense (A: Oct. 2023 )/Pre-Tax Income (A: Oct. 2023 )
=961.205/14296.859
=6.72 %

Broadcom's Tax Rate % for the quarter that ended in Jul. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jul. 2024 )/Pre-Tax Income (Q: Jul. 2024 )
=3907.436/2587.132
=151.03 %

* 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 Tax Rate % Related Terms

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Broadcom Business Description

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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.

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