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Broadcom Inc's ROI from its first quarter of 2024 to the first quarter of 2023 and 5 Year Period
Return on Investment, Quarterly Results, Trends, Rankings, Statistics
What is Broadcom Inc's ROI in the first quarter of 2024?
Broadcom Inc achieved a return on average invested assets (ROI) of 13.24 % in its first quarter of 2024, this is above AVGO's average return on investment of 12.95%. Broadcom Inc s investments during the 12 months ending in the first quarter of 2024 are valued at $87 billion ROI decreased relative to the period ending Oct 29 2023, due to the decline in net income.
Within the Technology sector 61 other companies had a higher return on investment. While return on investment, the total ranking has deteriorated compared to the fourth quarter of 2023 from 289 to 402.
Definition and Formula of Return on Investment
Select the Comparisons :
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Select the Ratio:
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Return on Investment ROI▼
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Return on Investment ROI▼
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Return On Investment |
(Feb 04 2024) I. Quarter |
(Oct 29 2023) IV. Quarter |
(Jul 30 2023) III. Quarter |
(Apr 30 2023) II. Quarter |
(Jan 29 2023) I. Quarter |
Y / Y Investment Change |
140.49 % |
-1.12 % |
-0.54 % |
-0.97 % |
- |
Y / Y Net Income Change |
-64.89 % |
4.91 % |
7.45 % |
34.4 % |
52.67 % |
Investment (TTM) in Millions |
157,501 |
65,456 |
64,250 |
64,156 |
65,493 |
Return On Investment (TTM) |
13.24 % |
21.72 % |
21.4 % |
21.02 % |
19.61 % |
AVGO's Overall
Ranking |
# 402 |
# 289 |
# 304 |
# 333 |
# 435 |
Seq. Investment Change |
140.62 % |
1.88 % |
0.15 % |
-2.04 % |
-1.06 % |
Seq. Net Income Change |
-62.4 % |
6.69 % |
-5.11 % |
-7.76 % |
12.35 % |
Net Income (TTM) in Millions |
11,633 |
14,082 |
13,917 |
13,688 |
12,797 |
Return
On Investment AVGO's Ranking |
Within: |
No. |
Industry |
# 13 |
Sector |
# 62 |
Overall |
# 402 |
Return On Investment Statistics |
High |
Average |
Low |
26.24 % |
12.95 % |
3.53 % |
(Sep. 30, 2015) |
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(Aug 02 2020) |
News about Broadcom Inc |
SoftBank Corp., NEC, and Broadcom Validate RAN Modernization with Virtualization at Mobile World Congress Barcelona, Spain - In a groundbreaking collaboration, SoftBank Corp., NEC Corporation, and Broadcom Inc. have successfully validated the virtualization of the radio access network (RAN) at the recent Mobile World Congress. This significant achievement showcases the feasibility of RAN modernization by integrating O-RAN architecture and Telco Cloud. The RAN serves as the critical front-end of mobile networks, playing a pivotal role in facilitating seamless and high-speed communication between cellular devices and the core network. The virtualization of RAN brings substantial advancements by shifting traditional proprietary hardware-based systems to software-defined networks, enabling increased flexibility, scalability, and cost-effectiveness.
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AVGO Annual Return On Investment |
(Oct 29 2023) 2023 |
(Oct 30 2022) 2022 |
(Oct 31 2021) 2021 |
(Nov 01 2020) 2020 |
(Nov 03 2019) 2019 |
Total Investments in Millions |
65,456 |
66,197 |
69,262 |
69,535 |
60,565 |
Y / Y Investment Growth |
-1.12 % |
-4.43 % |
-0.39 % |
14.81 % |
26.74 % |
Net Income in Millions |
14,082 |
11,495 |
6,736 |
2,960 |
2,724 |
Y / Y Net Income Growth |
22.51 % |
70.65 % |
127.57 % |
8.66 % |
-78.4 % |
Annual Return On Investment
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21.51 % |
17.36 % |
9.73 % |
4.26 % |
4.5 % |
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