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Broadcom Inc   (AVGO)
Other Ticker:  
 
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology


Broadcom Inc 's Effective Tax Rate by quarter

Trends, Rankings, Statistics



AVGO Effective Tax Rate (Oct 29 2023)
IV. Quarter
(Jul 30 2023)
III. Quarter
(Apr 30 2023)
II. Quarter
(Jan 29 2023)
I. Quarter
(Oct 30 2022)
IV. Quarter
Y / Y Pre-Tax Income Change 9.59 % 7.1 % 33.19 % 42.91 % 66.9 %
Seq. Pre-Tax Income Change 11 % -3.82 % -3.23 % 6.08 % 8.48 %
Pre-Tax Income In Millions $3,967.00 $3,574.00 $3,716.00 $3,840.00 $3,620.00
Effective Tax Rate 11.17 % 7.58 % 6.32 % 1.72 % 7.21 %
Effective Tax Rate Total Ranking # 132 # 312 # 211 # 169 # 119
Income taxes expenses / -benefit In Millions $443.00 $271.00 $235.00 $66.00 $261.00
Y / Y Income taxes expenses / -benefit Change 69.73 % 3.04 % 17.5 % -69.3 % 45 %
Seq. Income taxes expenses / -benefit Change 63.47 % 15.32 % 256.06 % -74.71 % -0.76 %


Commenting fourth Quarter 2023 Effective Tax Rate
Company's effective tax rate in IV. Quarter increased compare to previous quarter to 11.17 %, above company's average Effective Tax Rate.

Looking into IV. Quarter results within Semiconductors industry 2 other companies have achieved lower Effective Tax Rate. While Effective Tax Rate total ranking has impoved so far to 132, from total ranking in previous quarter at 312.

AVGO's Effective Tax Rate fourth quarter 2023 Company Ranking
Within: No.
Semiconductors Industry # 3
Technology Sector # 18
Overall # 132

AVGO's Effective Tax Rate Statistics
High Average Low
47.91 % 7.27 % 0.43 %
(Nov 02 2014)   (Jan 31 2021)




Other Effective Tax Rate Profitability Ratios
AVGO's Cumulative Effective Tax Rate
Semiconductors Industry Effective Tax Rate Trends and Statistics
Technology Sector Effective Tax Rate Statistics
Effective Tax Rate Profitability Trends for overall market
AVGO's Effective Tax Rate Profitability versus Semiconductors Industry, Technology Sector and total Market
Highest Ranking Effective Tax Rate
Lowest Ranking Effective Tax Rate
Effective Tax Rate Profit Margin for AVGO's Competitors
Effective Tax Rate Profit Margin for Broadcom Inc 's Suppliers
Effective Tax Rate Profit Margin for AVGO's Customers

You may also want to know
AVGO's Annual Growth Rates AVGO's Profitability Ratios AVGO's Asset Turnover Ratio AVGO's Dividend Growth
AVGO's Roe AVGO's Valuation Ratios AVGO's Financial Strength Ratios AVGO's Income taxes expenses / -benefit Growth
AVGO's Roa AVGO's Inventory Turnover Ratio AVGO's Growth Rates AVGO's Dividend Comparisons


Companies with similar Effective Tax Rate in the quarter ending Oct 29 2023, within Semiconductors Industry Effective Tax RateOct 29 2023 MRQ Income taxes expenses / -benefitOct 29 2023 MRQ Pre-Tax Income
Tigo Energy Inc   27.39 %$ 10.962 $ 40.018 
Cts Corporation  25.44 %$ 4.766 $ 18.737 
Sanmina Corporation  24.66 %$ 21.396 $ 86.751 
Silicon Laboratories inc   24.56 %$ 3.388 $ 13.796 
Photronics Inc   24.31 %$ 20.289 $ 83.445 
Osi Systems inc   23.39 %$ 3.932 $ 16.811 
Benchmark Electronics Inc   20.24 %$ 5.181 $ 25.593 
Microchip Technology Incorporated  20.03 %$ 167.000 $ 833.600 
Kulicke And Soffa Industries Inc   19.31 %$ 5.591 $ 28.948 
Ipg Photonics Corp  18.91 %$ 12.826 $ 67.820 
Kimball Electronics Inc   18.60 %$ 2.457 $ 13.211 
Amkor Technology Inc   17.81 %$ 28.923 $ 162.374 
Diodes Inc  17.64 %$ 10.674 $ 60.507 
Enphase Energy Inc   17.03 %$ 23.392 $ 137.345 
Formfactor inc   15.24 %$ 0.786 $ 5.157 
Nxp Semiconductors N v   13.41 %$ 123.000 $ 917.000 
Plexus Corp   13.22 %$ 6.136 $ 46.397 
Analog Devices Inc   12.83 %$ 73.356 $ 571.786 
Nvidia Corp  12.16 %$ 1,279.000 $ 10,522.000 
Monolithic Power Systems Inc  12.11 %$ 16.692 $ 137.855 
Alpha And Omega Semiconductor Limited  11.81 %$ 1.138 $ 9.636 
Broadcom Inc   11.17 %$ 443.000 $ 3,967.000 
Texas Instruments Incorporated  11.08 %$ 213.000 $ 1,922.000 
Allegro Microsystems Inc   10.13 %$ 7.400 $ 73.071 
Nve Corp  7.95 %$ 0.408 $ 5.131 
Applied Materials Inc  7.73 %$ 168.000 $ 2,172.000 
First Solar Inc   7.60 %$ 22.067 $ 290.465 
Lattice Semiconductor Corp  7.08 %$ 4.097 $ 57.885 
Power Integrations Inc   5.06 %$ 1.054 $ 20.850 
Rambus Inc   3.76 %$ 4.032 $ 107.230 




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