Return on Capital Employed snapshot
Broadcom's return on capital employed was 16.7% in FY2025, compared with 9.0% in FY2024. On a trailing-twelve-month basis it was 20.4% as of Q2 FY26. Return on capital employed (ROCE) is operating income divided by capital employed (total assets less current liabilities). It measures operating return relative to long-term capital.
Return on Capital Employed (latest FY)
16.7%
Return on Capital Employed (TTM)
20.4%
Return on equity (latest FY)
28.4%
Return on invested capital (latest FY)
19.6%
Broadcom Return on Capital Employed
Operating income ÷ (total assets − current liabilities)
Return on Capital Employed vs. related metrics
Broadcom Return on Capital Employed — by fiscal year
| Fiscal year | Return on capital employed | Return on equity | Return on invested capital |
|---|---|---|---|
| FY2025 | 16.7% | 28.4% | 19.6% |
| FY2024 | 9.0% | 8.7% | 6.5% |
| FY2023 | 24.8% | 58.7% | 30.8% |
| FY2022 | 21.5% | 50.6% | 26.4% |
| FY2021 | 12.3% | 25.8% | 16.1% |
| FY2020 | 5.8% | 12.4% | 8.4% |
| FY2019 | 5.7% | 10.9% | 8.0% |
| FY2018 | 10.7% | 46.0% | 35.7% |
| FY2017 | 4.6% | 8.3% | 8.7% |
| FY2016 | — | -7.9% | — |
| FY2015 | — | — | — |
By quarter (trailing-twelve-month basis)
| Quarter | Return on capital employed | Return on equity | Return on invested capital |
|---|---|---|---|
| Q2 FY26 | 20.4% | 33.4% | 23.4% |
| Q1 FY26 | 18.2% | 31.3% | 20.4% |
| Q4 FY25 | 16.7% | 28.4% | 19.6% |
| Q3 FY25 | 15.2% | 25.8% | 16.8% |
| Q2 FY25 | 14.2% | 18.6% | 12.2% |
| Q1 FY25 | 12.2% | 14.4% | 10.1% |
| Q4 FY24 | 9.0% | 8.7% | 6.5% |
| Q3 FY24 | 8.7% | 8.1% | 5.9% |
| Q2 FY24 | 8.4% | 15.0% | 9.4% |
| Q1 FY24 | 8.8% | 16.7% | 9.8% |
| Q4 FY23 | 24.2% | 59.5% | 29.9% |
| Q3 FY23 | 22.7% | 52.4% | 28.0% |
Figures normalized from SEC filings. See the full Broadcom ratios & metrics.