Broadcom (AVGO) Tax Rate (2017 - 2026)
Broadcom's Tax Rate was 14.32% in fiscal Q3 2026 (quarter ended Aug 2, 2026), down 7.35 percentage points from 21.67% a year earlier but up 6.22 percentage points from the prior quarter.
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Analysis
Broadcom (AVGO) Tax Rate (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Broadcom's Tax Rate was 5.45% through Aug 2, 2026, up 1.32 percentage points year-over-year; for FY2024 (ended Nov 3, 2024), it came in at 37.80%, up 31.07 percentage points from FY2023.
- Tax Rate shows a three-year change of +37.37 percentage points (FY2021 to FY2024).
- In earlier fiscal years, Tax Rate was 6.72% in FY2023 (-0.83 pp), 7.55% in FY2022 (+7.12 pp) and 0.43% in FY2021.
- Quarterly Tax Rate has moved between 1.72% (fiscal Q1 2023) and 151.03% (fiscal Q3 2024) over five years.
- The best year-over-year quarter for Tax Rate over five years was fiscal Q3 2024 (a gain of 143.45 percentage points); the worst was fiscal Q3 2025 (a drop of 129.37 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SK hynix | 24,980.27 Bn | 24,964.04 Bn | 43.99 Bn | 23.46% |
| 2 | Taiwan Semiconductor Manufacturing | 10,337.48 Bn | 9,919.73 Bn | 31.04 Bn | 16.21% |
| 3 | Nvidia | 3,939.34 Bn | 3,713.50 Bn | 72.14 Bn | 16.53% |
| 4 | Broadcom | 1,653.85 Bn | 1,579.89 Bn | 20.46 Bn | 14.32% |
| 5 | Micron Technology | 880.27 Bn | 785.91 Bn | 47.05 Bn | 14.88% |
| 6 | Advanced Micro Devices | 875.86 Bn | 824.07 Bn | 7.21 Bn | - |
| 7 | Asml Holding | 576.26 Bn | 531.95 Bn | 5.90 Bn | - |
| 8 | Intel | 316.79 Bn | 179.50 Bn | 7.10 Bn | 11.60% |
| 9 | Applied Materials | 294.03 Bn | 294.03 Bn | 5.25 Bn | - |
| 10 | Lam Research | 282.21 Bn | 258.26 Bn | 4.30 Bn | 16.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 14.32% |
| May 3, 2026 | 8.09% |
| Feb 1, 2026 | 10.32% |
| Aug 3, 2025 | 21.67% |
| May 4, 2025 | 2.36% |
| Aug 4, 2024 | 151.03% |
| Feb 4, 2024 | 5.07% |
| Oct 29, 2023 | 11.17% |
| Jul 30, 2023 | 7.58% |
| Apr 30, 2023 | 6.32% |
| Jan 29, 2023 | 1.72% |
| Oct 30, 2022 | 7.21% |
| Jul 31, 2022 | 7.88% |
| May 1, 2022 | 7.17% |
| Jan 30, 2022 | 8.00% |
| Oct 31, 2021 | 8.30% |
| Jan 31, 2021 | 0.43% |
| Nov 4, 2018 | 21.59% |
| Aug 5, 2018 | 2.60% |
| Oct 29, 2017 | 13.80% |
API Access
Broadcom Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=AVGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "AVGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=AVGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();