Broadcom Inc. - Comprehensive Report

Broadcom Inc. — A Detailed Overview in Tables

Section 1: Company History

This section provides a detailed overview of Broadcom's founding date, early development, and key milestones in its growth journey.

Title	Explanation	Notes
Founding Date	Broadcom was founded in 1991 by Dr. Henry Samueli and his wife Susan Samueli as a fabless semiconductor design company.	The original name was "Broadcom Corporation."
Early Focus	In its early years, Broadcom specialized in wireless communication chips for consumer electronics and networking applications.	One of the first major clients was Cisco Systems.
Key Milestones	Major milestones include the merger with Avago Technologies in 2016, reincorporation as Broadcom Inc. in 2018, and the acquisition of VMware in 2022.	These events significantly expanded the scope of Broadcom’s business beyond semiconductors.

This section outlines Broadcom's financial performance across several key metrics including revenue, net income, cash flow, and balance sheet data.

Title	Explanation	Notes
Annual Revenue	In fiscal year 2023, Broadcom reported total revenue of approximately $34.4 billion.	This includes both semiconductor and software segments.
Net Income	The company recorded a net income of around $8.6 billion in FY2023.	Represents profits after all expenses and taxes.
Cash Flow	Operating cash flow stood at roughly $13.6 billion in FY2023.	Reflects strong liquidity and operational efficiency.
Total Assets & Liabilities	As of FY2023, Broadcom had total assets of about $118 billion and liabilities of approximately $68 billion.	Equity is calculated at around $50 billion.

This section details Broadcom's dividend history, current payout rate, and trends in shareholder returns.

Title	Explanation	Notes
Dividend Policy	Broadcom pays an annual dividend of $16.40 per share, distributed quarterly at $4.10 per quarter.	This reflects a significant increase from earlier years.
Dividend Growth	Since the Avago merger, Broadcom has consistently increased dividends, with a compound annual growth rate (CAGR) exceeding 20%.	Makes it attractive to income-focused investors.
Dividend Yield	In 2024, the dividend yield hovered around 2.5%, based on stock price levels.	Yield may fluctuate with changes in share price.

This section explores Broadcom’s strategic initiatives and upcoming projects across both hardware and software divisions.

Title	Explanation	Notes
Semiconductor Development	Broadcom is developing next-generation AI accelerators, Ethernet switches, and optical interconnects for data centers and cloud computing environments.	Part of the push toward high-performance infrastructure solutions.
Software Expansion	The company plans to expand VMware’s capabilities in hybrid cloud management, cybersecurity, and enterprise virtualization.	Post-acquisition integration is ongoing.
Future Acquisitions	There are indications that Broadcom may pursue further strategic acquisitions in the enterprise software and cloud infrastructure sectors.	Potential targets remain speculative at this time.

This section explains who owns Broadcom, including institutional investors, insiders, and major shareholders.

Title	Explanation	Notes
Public Listing	Broadcom is publicly traded on the NASDAQ under the ticker symbol AVGO.	It is one of the largest companies by market capitalization.
Institutional Investors	Vanguard Group, BlackRock, and State Street Corporation hold the majority of shares.	Ownership structure can change due to market activity.
Insider Ownership	Company executives and board members collectively own less than 1% of the company.	Indicates limited direct ownership by leadership.

This section provides an overview of Broadcom’s profitability since its founding in 1991.

Title	Explanation	Notes
Early Profitability	In the early 2000s, Broadcom began generating modest profits from its semiconductor business.	Growth accelerated after strategic acquisitions.
Post-Merger Surge	After merging with Avago in 2016, revenues and profits surged dramatically, reaching nearly $10 billion annually by 2019.	Consistent double-digit earnings growth followed.
Cumulative Net Income	As of 2024, cumulative net income since inception exceeds $100 billion.	Includes all operations and acquisitions over time.

This section reviews Broadcom’s stock price trends, historical performance, and current valuation.

Title	Explanation	Notes
Current Stock Price	As of mid-2024, Broadcom’s share price trades around $650 per share.	Reflects strong investor confidence and growth prospects.
Historical Performance	Over the past five years, the stock has risen from around $250 in 2019 to over $650 in 2024.	Performance includes reinvestment of dividends.
Valuation Metrics	Broadcom trades at a premium with a P/E ratio of around 25x and a forward P/E below 20x.	High multiples reflect recurring revenue and stability.