• Broadcom average net profit margin for 2023 was 38.44%, a 28.13% decline from 2022.
• Broadcom average net profit margin for 2022 was 30%, a 53.85% increase from 2021.
• Broadcom average net profit margin for 2021 was 19.5%, a 85.01% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.