Analysis of Reportable Segments
Broadcom Inc. operates in 2 segments: Semiconductor solutions and Infrastructure software.
Segment Profit Margin
Broadcom Inc., profit margin by reportable segment
| Nov 3, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Nov 1, 2020 | Nov 3, 2019 | |
|---|---|---|---|---|---|---|
| Semiconductor solutions | 55.69% | 58.50% | 58.39% | 53.85% | 49.67% | 46.72% |
| Infrastructure software | 65.08% | 73.84% | 70.67% | 69.85% | 65.90% | 73.33% |
Based on: 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Semiconductor solutions | Semiconductor solutions segment profit margin ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
| Infrastructure software | Infrastructure software segment profit margin ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Segment Profit Margin: Semiconductor solutions
Broadcom Inc.; Semiconductor solutions; segment profit margin calculation
| Nov 3, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Nov 1, 2020 | Nov 3, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Operating income | 16,759) | 16,486) | 15,075) | 10,976) | 8,576) | 8,148) |
| Net revenue | 30,096) | 28,182) | 25,818) | 20,383) | 17,267) | 17,441) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 55.69% | 58.50% | 58.39% | 53.85% | 49.67% | 46.72% |
Based on: 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03).
1 2024 Calculation
Segment profit margin = 100 × Operating income ÷ Net revenue
= 100 × 16,759 ÷ 30,096 = 55.69%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Semiconductor solutions | Semiconductor solutions segment profit margin ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Segment Profit Margin: Infrastructure software
Broadcom Inc.; Infrastructure software; segment profit margin calculation
| Nov 3, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Nov 1, 2020 | Nov 3, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Operating income | 13,977) | 5,639) | 5,219) | 4,936) | 4,363) | 3,781) |
| Net revenue | 21,478) | 7,637) | 7,385) | 7,067) | 6,621) | 5,156) |
| Segment Profitability Ratio | ||||||
| Segment profit margin1 | 65.08% | 73.84% | 70.67% | 69.85% | 65.90% | 73.33% |
Based on: 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03).
1 2024 Calculation
Segment profit margin = 100 × Operating income ÷ Net revenue
= 100 × 13,977 ÷ 21,478 = 65.08%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Infrastructure software | Infrastructure software segment profit margin ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Net revenue
Broadcom Inc., net revenue by reportable segment
US$ in millions
| Nov 3, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Nov 1, 2020 | Nov 3, 2019 | |
|---|---|---|---|---|---|---|
| Semiconductor solutions | 30,096) | 28,182) | 25,818) | 20,383) | 17,267) | 17,441) |
| Infrastructure software | 21,478) | 7,637) | 7,385) | 7,067) | 6,621) | 5,156) |
| Total | 51,574) | 35,819) | 33,203) | 27,450) | 23,888) | 22,597) |
Based on: 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03).
Operating income
Broadcom Inc., operating income by reportable segment
US$ in millions
| Nov 3, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Nov 1, 2020 | Nov 3, 2019 | |
|---|---|---|---|---|---|---|
| Semiconductor solutions | 16,759) | 16,486) | 15,075) | 10,976) | 8,576) | 8,148) |
| Infrastructure software | 13,977) | 5,639) | 5,219) | 4,936) | 4,363) | 3,781) |
| Unallocated expenses | (17,273) | (5,918) | (6,069) | (7,393) | (8,925) | (8,485) |
| Total | 13,463) | 16,207) | 14,225) | 8,519) | 4,014) | 3,444) |
Based on: 10-K (reporting date: 2024-11-03), 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-11-01), 10-K (reporting date: 2019-11-03).