AVGOBroadcom Inc.
Semiconductors & Related Devices
- Revenue
- $63.9B
- 24% YoY
- Operating margin
- 39.9%
- 53% YoY
- EBITDA
- $26.1B
- 85% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.4×
- $37.1B net debt
- AI in 10-K
- —
Red flags 2 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear467% of net incomeCash flow under 80% of net income
- Dilutive SBCFired12% of revenueOver 10% of revenue
- Payouts exceed cash flowClear49% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyFired52% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $27.4B | $33.2B | $35.8B | $51.6B | $63.9B | 24% |
| Operating income | $8.5B | $14.2B | $16.2B | $13.5B | $25.5B | 89% |
| Net income | — | $11.5B | $14.1B | $5.9B | — | |
| Operating cash flow | $13.8B | $16.7B | $18.1B | $20.0B | $27.5B | 38% |
| Capex | $443M | $424M | $452M | $548M | $623M | 14% |
| Stock-based comp | $1.7B | $1.5B | $2.2B | $5.7B | $7.6B | 32% |
| Buybacks | $0 | $7.0B | $5.8B | $7.2B | $2.5B | 66% |
| Dividends | $5.9B | $6.7B | $7.6B | $9.8B | $11.1B | 14% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.