• Broadcom average return on equity for 2023 was 60.4, a 47.86% decline from 2022.
• Broadcom average return on equity for 2022 was 40.85, a 92.05% increase from 2021.
• Broadcom average return on equity for 2021 was 21.27, a 106.91% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.