Return on Invested Capital snapshot
Broadcom's return on invested capital was 19.6% in FY2025, compared with 6.5% in FY2024. On a trailing-twelve-month basis it was 23.4% as of Q2 FY26. Return on invested capital (ROIC) is after-tax operating profit divided by invested capital (debt plus equity, less cash). It measures the return a company earns on the total capital put to work in the business.
Return on Invested Capital (latest FY)
19.6%
Return on Invested Capital (TTM)
23.4%
Return on equity (latest FY)
28.4%
Return on assets (latest FY)
13.5%
Broadcom Return on Invested Capital
After-tax operating profit ÷ invested capital
Return on Invested Capital vs. related metrics
Broadcom Return on Invested Capital — by fiscal year
| Fiscal year | Return on invested capital | Return on equity | Return on assets |
|---|---|---|---|
| FY2025 | 19.6% | 28.4% | 13.5% |
| FY2024 | 6.5% | 8.7% | 3.6% |
| FY2023 | 30.8% | 58.7% | 19.3% |
| FY2022 | 26.4% | 50.6% | 15.7% |
| FY2021 | 16.1% | 27.0% | 8.9% |
| FY2020 | 8.4% | 12.4% | 3.9% |
| FY2019 | 8.0% | 10.9% | 4.0% |
| FY2018 | 35.7% | 46.0% | 24.5% |
| FY2017 | 8.7% | 8.3% | 3.1% |
| FY2016 | — | -7.9% | — |
| FY2015 | — | — | — |
By quarter (trailing-twelve-month basis)
| Quarter | Return on invested capital | Return on equity | Return on assets |
|---|---|---|---|
| Q2 FY26 | 23.4% | 33.4% | 16.4% |
| Q1 FY26 | 20.4% | 31.3% | 14.7% |
| Q4 FY25 | 19.6% | 28.4% | 13.5% |
| Q3 FY25 | 16.8% | 25.8% | 11.4% |
| Q2 FY25 | 12.2% | 18.6% | 7.8% |
| Q1 FY25 | 10.1% | 14.4% | 6.1% |
| Q4 FY24 | 6.5% | 8.7% | 3.6% |
| Q3 FY24 | 5.9% | 8.1% | 3.2% |
| Q2 FY24 | 9.4% | 15.0% | 6.0% |
| Q1 FY24 | 9.8% | 16.7% | 6.6% |
| Q4 FY23 | 29.9% | 59.5% | 19.0% |
| Q3 FY23 | 28.0% | 52.4% | 17.2% |
Figures normalized from SEC filings. See the full Broadcom ratios & metrics.