• Broadcom average ebit margin for 2023 was 44.92%, a 15.89% decline from 2022.
• Broadcom average ebit margin for 2022 was 38.76%, a 47.88% increase from 2021.
• Broadcom average ebit margin for 2021 was 26.21%, a 66.84% increase from 2020.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues