TTM
43.7%
YoY change
+13.78pp
Trough year (2007)
-6.9%
Peak year (2023)
45.2%
Latest annual
39.9%
Operating Margin history chart for Broadcom (AVGO) from 2006 to 2025
Latest: 39.9%
Operating Margin change chart for Broadcom (AVGO) from 2006 to 2025
Latest: +13.78pp
Operating Margin history table for Broadcom (AVGO) from 2006 to 2025
| 2025 | 39.9% | +13.78pp | ||
| 2024 | 26.1% | -19.14pp | ||
| 2023 | 45.2% | +2.40pp | ||
| 2022 | 42.8% | +11.81pp | ||
| 2021 | 31.0% | +14.23pp | ||
| 2020 | 16.8% | +1.56pp | ||
| 2019 | 15.2% | -9.39pp | ||
| 2018 | 24.6% | +11.19pp | ||
| 2017 | 13.4% | +16.53pp | ||
| 2016 | -3.1% | -27.00pp | ||
| 2015 | 23.9% | +13.66pp | ||
| 2014 | 10.3% | -11.64pp | ||
| 2013 | 21.9% | -2.71pp | ||
| 2012 | 24.6% | -0.38pp | ||
| 2011 | 25.0% | +2.54pp | ||
| 2010 | 22.5% | +19.22pp | ||
| 2009 | 3.2% | -6.18pp | ||
| 2008 | 9.4% | +16.29pp | ||
| 2007 | -6.9% | -0.93pp | ||
| 2006 | -5.9% | — |
- 202539.9%+13.78pp
- 202426.1%-19.14pp
- 202345.2%+2.40pp
- 202242.8%+11.81pp
- 202131.0%+14.23pp
- 202016.8%+1.56pp
- 201915.2%-9.39pp
- 201824.6%+11.19pp
- 201713.4%+16.53pp
- 2016-3.1%-27.00pp
- 201523.9%+13.66pp
- 201410.3%-11.64pp
- 201321.9%-2.71pp
- 201224.6%-0.38pp
- 201125.0%+2.54pp
- 201022.5%+19.22pp
- 20093.2%-6.18pp
- 20089.4%+16.29pp
- 2007-6.9%-0.93pp
- 2006-5.9%—
Operating Margin values are taken from Broadcom's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Broadcom (AVGO)
According to Broadcom's latest reported financial statements, the company's latest reported operating margin is 43.7%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Broadcom (AVGO) most recent annual operating margin stands at 39.89% (2025) – expanded 13.8 percentage points year-over-year.
The record annual operating margin stands at 45.25%, reached in 2023; the historical low of -6.88% was recorded in 2007.
Broadcom Operating Margin by Year
Broadcom Operating Margin 2025: 39.9%
Broadcom posted operating margin of 39.89% in 2025, expanded 13.8 percentage points from 2024.
Broadcom Operating Margin 2024: 26.1%
In 2024, Broadcom reported operating margin of 26.10%, contracted 19.1 percentage points from 2023.
Broadcom Operating Margin 2023: 45.2%
Broadcom operating margin in 2023 was 45.25%, expanded 2.4 percentage points from 2022. This figure represents the highest annual value in the available history.
Broadcom Operating Margin 2022: 42.8%
2022's operating margin for Broadcom came in at 42.84%, expanded 11.8 percentage points from 2021.
Broadcom Operating Margin 2021: 31.0%
Broadcom operating margin in 2021 was 31.03%.
See more financial history for Broadcom (AVGO).
Sector peers by Operating Margin
Technology peers of Broadcom (AVGO), ranked by their latest operating margin
| 64.0% | |
| 53.2% | |
| 48.5% | |
| 46.8% | |
| 34.8% | |
| 32.6% | |
| 30.8% | |
| 11.7% |
- 64.0%
- 53.2%
- 46.8%
- 34.8%
- 32.6%
- 30.8%
- 11.7%
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