Broadcom Inc. (AVGO): net debt to ebitda, 10 filed years
Net debt/EBITDA at Broadcom Inc. was 1.93x in FY2025, the newest filed year. Across the 8 computed years from FY2018 it ranged from 1.52x (FY2023) to 7.45x (FY2020), with a median of 2.83x.
Tonight's figure on the company page: 1.93x, recomputed 2026-10-15. The table is each filed year on its own terms, with the formula below; the current figure may use trailing twelve months or, where the explainer says so, a different denominator.
Year by year
| Fiscal year | Net debt/EBITDA | Read from |
|---|---|---|
| FY2016 EBITDA is zero or below, so the multiple is not defined (n/m). | n/m | 10-K, filed 2018-12-21 |
| FY2017 The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read. | n/a | 10-K, filed 2018-12-21 |
| FY2018 | 2.34x | 10-K, filed 2018-12-21 |
| FY2019 | 7.06x | 10-K, filed 2019-12-20 |
| FY2020 | 7.45x | 10-K, filed 2020-12-18 |
| FY2021 | 3.31x | 10-K, filed 2021-12-17 |
| FY2022 | 1.87x | 10-K, filed 2022-12-16 |
| FY2023 | 1.52x | 10-K, filed 2023-12-14 |
| FY2024 | 4.24x | 10-K, filed 2024-12-20 |
| FY2025 | 1.93x | 10-K, filed 2025-12-18 |
How each year is computed
(Total debt - cash) / EBITDA
Each year is a ratio of lines in that year's filed annual report, with the nightly recompute's own rules for what counts as a filed line. Nothing is estimated, smoothed or filled in: a year that cannot be computed says why.
Read further
A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.