• Broadcom average return on tangible equity for 2024 was -11.28, a 78.4% increase from 2023.
• Broadcom average return on tangible equity for 2023 was -52.22, a 56.96% decline from 2022.
• Broadcom average return on tangible equity for 2022 was -33.27, a 89.03% increase from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.