Broadcom Inc. (AVGO)

Industry: Semiconductors Sector: Technology Currency Used: US Live Price: $351.71

Enterprise Value

Metric	MRQ	MRQ-1	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Stock Price	362.55	297.72	269.68	141.49	73.99	54.22	48.24	31.00	28.91	23.03	23.29	15.43	11.70	6.85	3.75	3.46	3.23	2.09	1.59	1.62
Market Capitalization	1,715,586.60M	1,403,452.08M	1,271,517.52M	655,583.80M	306,614.25M	222,037.23M	198,202.18M	124,682.14M	115,111.73M	96,256.80M	94,215.63M	56,955.48M	30,881.70M	17,201.03M	9,259.90M	8,470.50M	7,900.28M	4,994.70M	3,481.05M	3,466.80M
(-) Cash & Equivalents	16,178.00M	10,718.00M	11,418.75M	10,243.25M	12,611.00M	10,404.25M	10,584.50M	8,031.50M	5,234.50M	5,922.75M	6,060.75M	2,317.00M	2,063.25M	1,317.75M	1,054.50M	957.50M	623.00M	332.00M	241.75M	106.50M
(+) Total Debt	65,136.00M	64,229.00M	65,806.50M	71,860.50M	39,395.50M	39,611.00M	40,775.00M	44,562.50M	36,388.00M	17,571.75M	14,562.25M	11,575.75M	4,577.00M	2,757.25M	2.75M	3.75M	6.25M	235.75M	502.50M	355.00M
Enterprise Value	1,764,544.60M	1,456,963.08M	1,325,905.27M	717,201.05M	333,398.75M	251,243.98M	228,392.68M	161,213.14M	146,265.23M	107,905.80M	102,717.13M	66,214.23M	33,395.45M	18,640.53M	8,208.15M	7,516.75M	7,283.53M	4,898.45M	3,741.80M	3,715.30M

Income Statement

Metric	TTM	TTM-1	2025-11-02	2024-11-03	2023-10-29	2022-10-30	2021-10-31	2020-11-01	2019-11-03	2018-11-04	2017-10-31	2016-10-31	2015-10-31	2014-10-31	2013-10-31	2012-10-31	2011-10-31	2010-10-31	2009-10-31	2008-10-31	2007-10-31	2006-10-31
Revenue	63,887M	51,574M	63,887M	51,574M	35,819M	33,203M	27,450M	23,888M	22,597M	20,848M	17,636M	13,240M	6,824M	4,269M	2,520M	2,364M	2,336M	2,093M	1,484M	1,699M	1,527M	1,513M
Cost of Revenue	20,593M	19,065M	20,593M	19,065M	11,129M	11,108M	10,606M	10,372M	10,114M	10,115M	9,127M	7,300M	3,271M	2,392M	1,322M	1,222M	1,189M	1,127M	924M	1,044M	1,165M	1,124M
Gross Profit	43,294M	32,509M	43,294M	32,509M	24,690M	22,095M	16,844M	13,516M	12,483M	10,733M	8,509M	5,940M	3,553M	1,877M	1,198M	1,142M	1,147M	966M	560M	655M	362M	389M
Gross Profit Margin	67.8%	63.0%	67.8%	63.0%	68.9%	66.5%	61.4%	56.6%	55.2%	51.5%	48.2%	44.9%	52.1%	44.0%	47.5%	48.3%	49.1%	46.2%	37.7%	38.6%	23.7%	25.7%
R&D Expenses	10,977M	9,310M	10,977M	9,310M	5,253M	4,919M	4,854M	4,968M	4,696M	3,768M	3,292M	2,674M	1,049M	695M	398M	335M	317M	280M	245M	265M	205M	209M
SG&A Expenses	4,211M	4,959M	4,211M	4,959M	1,592M	1,382M	1,347M	1,935M	1,709M	1,056M	789M	806M	486M	407M	222M	199M	220M	196M	169M	196M	193M	270M
Operating Expenses	17,810M	19,046M	17,810M	19,046M	8,483M	7,813M	8,325M	9,502M	9,039M	5,598M	6,138M	6,349M	1,921M	1,439M	646M	555M	559M	497M	512M	495M	467M	479M
Operating Income (EBIT)	25,484M	13,463M	25,484M	13,463M	16,207M	14,282M	8,519M	4,014M	3,444M	5,135M	2,371M	-409M	1,632M	438M	552M	587M	588M	469M	48M	160M	-105M	-90M
Operating Income Margin	39.9%	26.1%	39.9%	26.1%	45.2%	43.0%	31.0%	16.8%	15.2%	24.6%	13.4%	-3.1%	23.9%	10.3%	21.9%	24.8%	25.2%	22.4%	3.2%	9.4%	-6.9%	-5.9%
Interest Income	0M	0M	0M	461M	535M	100M	16M	53M	98M	114M	44M	10M	8M	6M	4M	4M	1M	0M	0M	0M	0M	0M
Interest Expense	3,157M	3,901M	3,210M	3,953M	1,622M	1,737M	1,885M	1,777M	1,444M	628M	454M	585M	191M	110M	2M	1M	4M	34M	77M	86M	109M	143M
Net Interest Income	-3,157M	-3,901M	-3,210M	-3,492M	-1,087M	-1,637M	-1,869M	-1,724M	-1,346M	-514M	-410M	-575M	-183M	-104M	2M	3M	-3M	-34M	-77M	-86M	-109M	-143M
Unusual Items	402M	354M	455M	-55M	-23M	-211M	115M	153M	128M	-76M	-136M	-123M	18M	8M	14M	-5M	-24M	-29M	-7M	-14M	2M	-15M
EBT Excluding Unusual Items	22,327M	9,562M	22,274M	9,971M	15,120M	12,645M	6,650M	2,290M	2,098M	4,621M	1,961M	-984M	1,449M	334M	554M	590M	585M	435M	-29M	74M	-214M	-233M
Pre-Tax Income	22,729M	9,916M	22,729M	9,916M	15,097M	12,434M	6,765M	2,443M	2,226M	4,545M	1,825M	-1,107M	1,467M	342M	568M	585M	561M	406M	-36M	60M	-212M	-248M
Pre-Tax Margin	35.6%	19.2%	35.6%	19.2%	42.1%	37.4%	24.6%	10.2%	9.9%	21.8%	10.3%	-8.4%	21.5%	8.0%	22.5%	24.7%	24.0%	19.4%	-2.4%	3.5%	-13.9%	-16.4%
Income Tax Expense	-397M	3,748M	-397M	3,748M	1,015M	939M	29M	-518M	-510M	-8,084M	35M	642M	76M	33M	16M	22M	9M	-9M	8M	3M	8M	5M
Net Income	23,126M	5,895M	23,126M	5,895M	14,082M	11,495M	6,736M	2,960M	2,724M	12,259M	1,692M	-1,739M	1,364M	263M	552M	563M	552M	415M	-44M	83M	-159M	-251M
Net Income Margin	36.2%	11.4%	36.2%	11.4%	39.3%	34.6%	24.5%	12.4%	12.1%	58.8%	9.6%	-13.1%	20.0%	6.2%	21.9%	23.8%	23.6%	19.8%	-3.0%	4.9%	-10.4%	-16.6%
Depreciation & Amortization	8,672M	10,010M	10,010M	10,010M	3,835M	4,984M	6,041M	6,905M	5,781M	4,060M	4,726M	3,038M	962M	625M	187M	155M	157M	159M	160M	159M	176M	210M
EBITDA	34,156M	23,473M	35,494M	23,473M	20,042M	19,266M	14,560M	10,919M	9,225M	9,195M	7,097M	2,629M	2,594M	1,063M	739M	742M	745M	628M	208M	319M	71M	120M
EBITDA Margin	53.5%	45.5%	55.6%	45.5%	56.0%	58.0%	53.0%	45.7%	40.8%	44.1%	40.2%	19.9%	38.0%	24.9%	29.3%	31.4%	31.9%	30.0%	14.0%	18.8%	4.6%	7.9%
NOPAT	25,929M	8,374M	25,929M	8,374M	15,117M	13,203M	8,482M	4,865M	4,233M	14,268M	2,326M	-323M	1,547M	396M	536M	565M	579M	479M	38M	152M	-83M	-71M
NOPAT Margin	40.6%	16.2%	40.6%	16.2%	42.2%	39.8%	30.9%	20.4%	18.7%	68.4%	13.2%	-2.4%	22.7%	9.3%	21.3%	23.9%	24.8%	22.9%	2.6%	8.9%	-5.4%	-4.7%
Owner's Earnings	31,175M	15,357M	32,513M	15,357M	17,465M	16,055M	12,334M	9,402M	8,073M	15,684M	5,349M	576M	1,733M	479M	503M	477M	597M	495M	58M	171M	-20M	-100M
Owner's Earnings Margin	48.8%	29.8%	50.9%	29.8%	48.8%	48.4%	44.9%	39.4%	35.7%	75.2%	30.3%	4.4%	25.4%	11.2%	20.0%	20.2%	25.6%	23.7%	3.9%	10.1%	-1.3%	-6.6%
EPS (Basic)	4.90	1.27	4.91	1.27	3.39	2.74	1.57	0.66	0.68	2.93	0.42	-0.48	0.52	0.11	0.22	0.23	0.23	0.17	-0.02	0.04	-0.07	-0.10
EPS (Diluted)	4.77	1.24	4.77	1.23	3.30	2.72	1.57	0.70	0.65	2.84	0.41	-0.45	0.49	0.10	0.22	0.23	0.22	0.17	-0.02	0.04	-0.07	-0.10
Shares (Basic)	4,712M	4,628M	4,712M	4,624M	4,150M	4,090M	4,100M	4,020M	3,980M	4,180M	4,050M	3,660M	2,640M	2,510M	2,520M	2,450M	2,450M	2,380M	2,190M	2,140M	2,140M	2,463M
Shares (Diluted)	4,853M	4,740M	4,853M	4,778M	4,270M	4,230M	4,290M	4,210M	4,190M	4,310M	4,090M	3,830M	2,810M	2,670M	2,520M	2,500M	2,520M	2,460M	2,190M	2,190M	2,140M	2,463M

Product Segments

Metric	TTM	TTM-1	2024-11-03	2023-10-29	2022-10-30	2021-10-31	2020-11-01	2019-11-03	2018-11-04
Enterprise Storage	—	—	—	—	—	—	—	—	4,673.00M
Industrial And Other	—	—	—	—	—	—	—	—	1,011.00M
Infrastructure Software	25,910.00M	17,623.00M	21,478.00M	7,637.00M	7,385.00M	7,067.00M	6,621.00M	5,156.00M	—
Semiconductor Solutions	34,016.00M	29,192.00M	30,096.00M	28,182.00M	25,818.00M	20,383.00M	17,267.00M	17,368.00M	—
Wired Infrastructure	—	—	—	—	—	—	—	—	8,674.00M
Wireless Communications	—	—	—	—	—	—	—	—	6,490.00M

Geographic Segments

Metric	TTM	TTM-1	2024-11-03	2023-10-29	2022-10-30	2021-10-31	2020-11-01	2019-11-03	2018-11-04
Americas	18,082.00M	13,067.00M	14,970.00M	8,279.00M	6,944.00M	6,099.00M	5,834.00M	5,149.00M	2,697.00M
Asia Pacific	33,022.00M	26,744.00M	28,422.00M	23,920.00M	22,505.00M	17,978.00M	15,323.00M	15,231.00M	10,305.00M
EMEA	8,822.00M	7,004.00M	8,182.00M	3,620.00M	3,754.00M	3,373.00M	2,731.00M	2,217.00M	—

Balance Sheet

Metric	MRQ	MRQ-1	2025-11-02	2024-11-03	2023-10-29	2022-10-30	2021-10-31	2020-11-01	2019-11-03	2018-11-04	2017-10-31	2016-10-31	2015-10-31	2014-10-31	2013-10-31	2012-10-31	2011-10-31	2010-10-31	2009-10-31	2008-10-31	2007-10-31	2006-10-31
Cash & Cash Equivalents	16,178.00M	10,718.00M	16,178.00M	9,348.00M	14,189.00M	12,416.00M	12,163.00M	7,618.00M	5,055.00M	4,292.00M	11,204.00M	3,097.00M	1,822.00M	1,604.00M	985.00M	1,084.00M	829.00M	561.00M	472.00M	213.00M	309.00M	272.00M
Short-Term Investments	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	24.00M	14.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Cash & Short-Term Investments	16,178.00M	10,718.00M	16,178.00M	9,348.00M	14,189.00M	12,416.00M	12,163.00M	7,618.00M	5,055.00M	4,292.00M	11,204.00M	3,097.00M	1,822.00M	1,628.00M	999.00M	1,084.00M	829.00M	561.00M	472.00M	213.00M	309.00M	272.00M
Net Receivables	7,145.00M	6,494.00M	7,145.00M	4,416.00M	3,154.00M	2,958.00M	2,071.00M	2,297.00M	3,259.00M	3,325.00M	2,448.00M	2,181.00M	1,019.00M	782.00M	418.00M	359.00M	331.00M	290.00M	191.00M	184.00M	218.00M	187.00M
Inventory	2,270.00M	2,180.00M	2,270.00M	1,760.00M	1,898.00M	1,925.00M	1,297.00M	1,003.00M	874.00M	1,124.00M	1,447.00M	1,400.00M	524.00M	519.00M	285.00M	194.00M	194.00M	189.00M	162.00M	188.00M	140.00M	169.00M
Other Current Assets	5,980.00M	5,606.00M	5,980.00M	4,071.00M	863.00M	341.00M	516.00M	590.00M	427.00M	123.00M	284.00M	447.00M	394.00M	895.00M	68.00M	46.00M	32.00M	34.00M	22.00M	21.00M	50.00M	34.00M
Total Current Assets	31,573.00M	24,998.00M	31,573.00M	19,595.00M	20,104.00M	17,640.00M	16,047.00M	11,508.00M	9,615.00M	8,864.00M	15,383.00M	7,125.00M	3,759.00M	3,824.00M	1,770.00M	1,683.00M	1,386.00M	1,074.00M	847.00M	606.00M	717.00M	662.00M
Property, Plant & Equipment	2,530.00M	2,451.00M	2,530.00M	2,521.00M	2,617.00M	2,223.00M	2,348.00M	2,509.00M	2,565.00M	2,635.00M	2,599.00M	2,509.00M	1,460.00M	1,158.00M	661.00M	503.00M	316.00M	281.00M	264.00M	299.00M	292.00M	417.00M
Goodwill	97,801.00M	97,801.00M	97,801.00M	97,873.00M	43,653.00M	43,614.00M	43,450.00M	43,447.00M	36,714.00M	26,913.00M	24,706.00M	24,732.00M	1,674.00M	1,596.00M	391.00M	180.00M	177.00M	172.00M	171.00M	169.00M	122.00M	116.00M
Intangible Assets	32,273.00M	34,344.00M	32,273.00M	40,583.00M	3,867.00M	7,111.00M	11,374.00M	16,782.00M	17,554.00M	10,762.00M	10,832.00M	15,068.00M	3,277.00M	3,617.00M	492.00M	422.00M	499.00M	573.00M	647.00M	721.00M	777.00M	973.00M
Long-Term Investments	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	27.00M	50.00M	0.00M	5.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Tax Assets	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	240.00M	0.00M	0.00M	21.00M	0.00M	0.00M	0.00M	-5.00M	-5.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Current Assets	6,915.00M	6,027.00M	6,915.00M	5,073.00M	1,877.00M	1,797.00M	1,812.00M	1,060.00M	743.00M	707.00M	437.00M	532.00M	318.00M	246.00M	58.00M	66.00M	61.00M	44.00M	24.00M	63.00M	43.00M	49.00M
Other Assets	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Total Non-Current Assets	139,519.00M	140,623.00M	139,519.00M	146,050.00M	52,014.00M	54,745.00M	58,984.00M	64,038.00M	57,576.00M	41,017.00M	38,595.00M	42,841.00M	6,756.00M	6,667.00M	1,597.00M	1,171.00M	1,053.00M	1,070.00M	1,106.00M	1,252.00M	1,234.00M	1,555.00M
Total Assets	171,092.00M	165,621.00M	171,092.00M	165,645.00M	72,118.00M	72,385.00M	75,031.00M	75,546.00M	67,191.00M	49,881.00M	53,978.00M	49,966.00M	10,515.00M	10,491.00M	3,367.00M	2,854.00M	2,439.00M	2,144.00M	1,953.00M	1,858.00M	1,951.00M	2,217.00M
Accounts Payable	1,560.00M	1,432.00M	1,560.00M	1,662.00M	1,210.00M	998.00M	1,086.00M	836.00M	855.00M	811.00M	1,105.00M	1,261.00M	617.00M	515.00M	278.00M	248.00M	221.00M	198.00M	154.00M	174.00M	194.00M	165.00M
Short-Term Debt	3,152.00M	1,396.00M	3,152.00M	1,245.00M	1,563.00M	403.00M	264.00M	827.00M	2,787.00M	0.00M	117.00M	454.00M	46.00M	46.00M	0.00M	0.00M	0.00M	230.00M	366.00M	0.00M	2.00M	3.00M
Tax Payables	0.00M	0.00M	0.00M	720.00M	473.00M	680.00M	541.00M	440.00M	229.00M	162.00M	123.00M	0.00M	79.00M	57.00M	15.00M	16.00M	10.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Deferred Revenue	0.00M	10,305.00M	0.00M	9,395.00M	2,487.00M	2,931.00M	2,619.00M	2,620.00M	1,501.00M	164.00M	0.00M	517.00M	250.00M	232.00M	11.00M	8.00M	10.00M	7.00M	25.00M	0.00M	34.00M	0.00M
Other Current Liabilities	11,673.00M	2,514.00M	11,673.00M	3,114.00M	1,187.00M	1,536.00M	1,380.00M	651.00M	886.00M	486.00M	558.00M	-2.00M	-46.00M	4.00M	113.00M	12.00M	18.00M	28.00M	4.00M	120.00M	55.00M	172.00M
Total Current Liabilities	16,385.00M	15,647.00M	16,385.00M	16,136.00M	6,920.00M	6,548.00M	5,890.00M	5,374.00M	6,258.00M	1,623.00M	1,903.00M	2,230.00M	946.00M	854.00M	417.00M	284.00M	259.00M	463.00M	549.00M	294.00M	285.00M	340.00M
Long-Term Debt	61,984.00M	62,830.00M	61,984.00M	66,295.00M	37,617.00M	39,053.00M	39,401.00M	40,235.00M	30,011.00M	17,493.00M	17,431.00M	13,188.00M	3,826.00M	5,463.00M	0.00M	2.00M	0.00M	0.00M	230.00M	703.00M	903.00M	1,000.00M
Capital Lease Obligations	0.00M	10.00M	0.00M	39.00M	49.00M	59.00M	65.00M	575.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	2.00M	3.00M	6.00M	6.00M	5.00M	7.00M	6.00M	4.00M
Deferred Tax Liabilities	0.00M	3,817.00M	0.00M	4,703.00M	-299.00M	3,229.00M	-566.00M	0.00M	4,800.00M	169.00M	10,019.00M	10,287.00M	9.00M	0.00M	0.00M	2.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Current Liabilities	9,302.00M	4,962.00M	9,302.00M	5,172.00M	3,488.00M	385.00M	4,400.00M	4,028.00M	5,613.00M	3,467.00M	1,253.00M	1,537.00M	847.00M	769.00M	105.00M	95.00M	86.00M	83.00M	64.00M	55.00M	30.00M	31.00M
Total Non-Current Liabilities	71,286.00M	71,619.00M	71,286.00M	76,209.00M	40,855.00M	42,726.00M	43,300.00M	44,838.00M	40,424.00M	21,129.00M	28,703.00M	25,012.00M	4,682.00M	6,232.00M	107.00M	102.00M	92.00M	89.00M	299.00M	765.00M	939.00M	1,035.00M
Total Liabilities	87,671.00M	87,266.00M	87,671.00M	92,345.00M	47,775.00M	49,274.00M	49,190.00M	50,212.00M	46,682.00M	22,752.00M	30,606.00M	27,242.00M	5,628.00M	7,086.00M	524.00M	386.00M	351.00M	552.00M	848.00M	1,059.00M	1,224.00M	1,375.00M
Preferred Stock	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	27.00M	27.00M	29.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	11.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Common Stock	5.00M	5.00M	5.00M	5.00M	0.00M	0.00M	0.00M	0.00M	0.00M	23,285.00M	20,505.00M	19,241.00M	2,547.00M	2,009.00M	1,587.00M	1,479.00M	0.00M	0.00M	0.00M	0.00M	0.00M	1,069.00M
Retained Earnings	9,761.00M	4,040.00M	9,761.00M	0.00M	2,682.00M	1,604.00M	748.00M	0.00M	0.00M	3,487.00M	-129.00M	-215.00M	2,240.00M	1,284.00M	1,305.00M	951.00M	525.00M	59.00M	-356.00M	-312.00M	-386.00M	-227.00M
Accumulated OCI	218.00M	221.00M	218.00M	207.00M	207.00M	-54.00M	-116.00M	-108.00M	-140.00M	-115.00M	-91.00M	-134.00M	-73.00M	-50.00M	-6.00M	-11.00M	2.00M	-4.00M	3.00M	8.00M	4.00M	0.00M
Minority Interest	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	2,901.00M	2,984.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Total Shareholders’ Equity	9,984.00M	4,266.00M	9,984.00M	212.00M	2,889.00M	1,550.00M	659.00M	-81.00M	-111.00M	26,657.00M	20,285.00M	18,892.00M	4,714.00M	3,243.00M	2,886.00M	2,430.00M	527.00M	55.00M	-353.00M	-304.00M	-382.00M	842.00M
Total Equity	9,984.00M	4,266.00M	9,984.00M	212.00M	2,889.00M	1,550.00M	659.00M	-81.00M	-111.00M	26,657.00M	23,186.00M	21,876.00M	4,714.00M	3,243.00M	2,886.00M	2,430.00M	527.00M	55.00M	-353.00M	-304.00M	-382.00M	842.00M
Total Liabilities & Equity	97,655.00M	91,532.00M	97,655.00M	92,557.00M	50,664.00M	50,824.00M	49,849.00M	50,131.00M	46,571.00M	49,409.00M	53,792.00M	49,118.00M	10,342.00M	10,329.00M	3,410.00M	2,816.00M	878.00M	607.00M	495.00M	755.00M	842.00M	2,217.00M
Tangible Assets	41,018.00M	33,476.00M	41,018.00M	27,189.00M	24,598.00M	21,660.00M	20,207.00M	15,317.00M	12,923.00M	12,206.00M	18,440.00M	10,166.00M	5,564.00M	5,278.00M	2,484.00M	2,252.00M	1,763.00M	1,399.00M	1,135.00M	968.00M	1,052.00M	1,128.00M
Tangible Equity	-120,090.00M	-127,879.00M	-120,090.00M	-138,244.00M	-44,631.00M	-49,175.00M	-54,165.00M	-60,310.00M	-54,379.00M	-11,018.00M	-12,352.00M	-17,924.00M	-237.00M	-1,970.00M	2,003.00M	1,828.00M	-149.00M	-690.00M	-1,171.00M	-1,194.00M	-1,281.00M	-247.00M
Tangible Book Value	-120,090.00M	-127,879.00M	-120,090.00M	-138,244.00M	-44,631.00M	-49,175.00M	-54,165.00M	-60,310.00M	-54,379.00M	-11,018.00M	-12,352.00M	-17,924.00M	-237.00M	-1,970.00M	2,003.00M	1,828.00M	-149.00M	-690.00M	-1,171.00M	-1,194.00M	-1,281.00M	-247.00M
Total Investments	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-21.00M	0.00M	27.00M	74.00M	14.00M	5.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Net Debt	48,958.00M	53,508.00M	48,958.00M	58,192.00M	24,991.00M	27,040.00M	27,502.00M	33,444.00M	27,743.00M	13,201.00M	6,344.00M	10,545.00M	2,050.00M	3,905.00M	-985.00M	-1,082.00M	-829.00M	-331.00M	124.00M	490.00M	596.00M	731.00M

Capital Metrics

Metric	MRQ	MRQ-1	2025-11-02	2024-11-03	2023-10-29	2022-10-30	2021-10-31	2020-11-01	2019-11-03	2018-11-04	2017-10-31	2016-10-31	2015-10-31	2014-10-31	2013-10-31	2012-10-31	2011-10-31	2010-10-31	2009-10-31	2008-10-31	2007-10-31	2006-10-31
Working Capital	13,059.0M	8,294.0M	13,059.0M	2,898.0M	13,442.0M	11,452.0M	10,305.0M	5,524.0M	3,018.0M	6,769.0M	13,294.0M	4,047.0M	2,656.0M	2,808.0M	1,395.0M	1,345.0M	1,043.0M	522.0M	231.0M	291.0M	396.0M	322.0M
Total Capital	146,428.0M	137,506.0M	146,428.0M	135,244.0M	63,636.0M	62,687.0M	65,262.0M	65,590.0M	57,768.0M	44,150.0M	37,833.0M	32,534.0M	8,586.0M	8,752.0M	2,888.0M	2,422.0M	2,012.0M	1,741.0M	1,639.0M	1,490.0M	1,602.0M	1,849.0M
Capital Employed	152,578.0M	148,917.0M	152,578.0M	148,948.0M	65,456.0M	66,197.0M	69,289.0M	69,562.0M	60,594.0M	47,786.0M	51,889.0M	46,888.0M	9,396.0M	9,475.0M	2,992.0M	2,516.0M	2,096.0M	1,592.0M	1,337.0M	1,543.0M	1,630.0M	1,877.0M
Invested Capital	130,250.0M	126,788.0M	130,250.0M	125,896.0M	49,447.0M	50,271.0M	53,099.0M	57,972.0M	52,713.0M	39,858.0M	26,629.0M	29,437.0M	6,764.0M	7,148.0M	1,903.0M	1,338.0M	1,183.0M	1,180.0M	1,167.0M	1,277.0M	1,293.0M	1,577.0M

Cash Flow Statement

Metric	TTM	TTM-1	2025-11-02	2024-11-03	2023-10-29	2022-10-30	2021-10-31	2020-11-01	2019-11-03	2018-11-04	2017-10-31	2016-10-31	2015-10-31	2014-10-31	2013-10-31	2012-10-31	2011-10-31	2010-10-31	2009-10-31	2008-10-31	2007-10-31	2006-10-31
Net Income	23,126.00M	5,844.00M	23,126.00M	5,895.00M	14,082.00M	11,495.00M	6,736.00M	2,960.00M	2,724.00M	12,610.00M	1,894.00M	-1,861.00M	1,364.00M	245.00M	552.00M	563.00M	552.00M	415.00M	-44.00M	83.00M	-159.00M	-253.00M
Depreciation & Amortization	8,775.00M	10,010.00M	8,775.00M	10,010.00M	3,835.00M	4,984.00M	6,041.00M	6,905.00M	5,808.00M	4,081.00M	4,737.00M	3,042.00M	962.00M	625.00M	187.00M	155.00M	157.00M	159.00M	160.00M	159.00M	176.00M	210.00M
Deferred Income Tax	-983.00M	1,965.00M	0.00M	1,965.00M	-501.00M	-34.00M	-809.00M	-1,142.00M	-934.00M	-8,270.00M	-173.00M	365.00M	-90.00M	42.00M	3.00M	13.00M	-538.00M	2.00M	16.00M	0.00M	115.00M	0.00M
Stock-Based Compensation	7,568.00M	5,741.00M	7,568.00M	5,741.00M	2,171.00M	1,533.00M	1,704.00M	1,976.00M	2,185.00M	1,227.00M	921.00M	679.00M	232.00M	163.00M	77.00M	53.00M	38.00M	25.00M	12.00M	15.00M	12.00M	0.00M
Change in Working Capital	-8,500.00M	-4,637.00M	-8,500.00M	-4,637.00M	-1,643.00M	-1,654.00M	-127.00M	1,093.00M	-184.00M	-826.00M	-735.00M	483.00M	-166.00M	251.00M	-91.00M	-87.00M	-35.00M	-99.00M	-6.00M	-34.00M	-3.00M	355.00M
Accounts Receivable	-2,717.00M	2,327.00M	-2,717.00M	2,327.00M	-187.00M	-870.00M	210.00M	981.00M	486.00M	-652.00M	-267.00M	-491.00M	-187.00M	-70.00M	-26.00M	-13.00M	-42.00M	-96.00M	0.00M	38.00M	-31.00M	136.00M
Inventory	-510.00M	150.00M	-510.00M	150.00M	27.00M	-627.00M	-294.00M	-31.00M	250.00M	417.00M	-39.00M	996.00M	62.00M	193.00M	-55.00M	0.00M	-5.00M	-26.00M	27.00M	-45.00M	28.00M	28.00M
Accounts Payable	-118.00M	121.00M	-118.00M	121.00M	209.00M	-79.00M	243.00M	-3.00M	-42.00M	-325.00M	-97.00M	33.00M	29.00M	13.00M	22.00M	-2.00M	25.00M	23.00M	-16.00M	-29.00M	29.00M	32.00M
Other Working Capital	-5,155.00M	-7,235.00M	-5,155.00M	-7,235.00M	-1,692.00M	-78.00M	-286.00M	146.00M	-878.00M	-266.00M	-332.00M	-55.00M	-70.00M	115.00M	-32.00M	-72.00M	-13.00M	0.00M	-17.00M	2.00M	-29.00M	159.00M
Other Non-Cash Items	-2,449.00M	1,039.00M	-3,432.00M	988.00M	141.00M	412.00M	219.00M	269.00M	98.00M	58.00M	-93.00M	703.00M	16.00M	-151.00M	-6.00M	-4.00M	552.00M	8.00M	1.00M	-15.00M	5.00M	58.00M
Net Cash from Operating Activities	27,537.00M	19,962.00M	27,537.00M	19,962.00M	18,085.00M	16,736.00M	13,764.00M	12,061.00M	9,697.00M	8,880.00M	6,551.00M	3,411.00M	2,318.00M	1,175.00M	722.00M	693.00M	726.00M	510.00M	139.00M	208.00M	146.00M	370.00M
Capital Expenditures (PPE)	-623.00M	-548.00M	-623.00M	-548.00M	-452.00M	-424.00M	-443.00M	-463.00M	-432.00M	-635.00M	-1,069.00M	-723.00M	-593.00M	-409.00M	-236.00M	-241.00M	-112.00M	-79.00M	-57.00M	-65.00M	-37.00M	-59.00M
Acquisitions (Net)	0.00M	-25,978.00M	0.00M	-25,978.00M	-53.00M	-246.00M	37.00M	-10,654.00M	-15,076.00M	-4,027.00M	-30.00M	-9,157.00M	256.00M	-5,961.00M	-414.00M	0.00M	0.00M	0.00M	0.00M	5.00M	0.00M	1.00M
Purchases of Investments	-597.00M	-175.00M	-597.00M	-175.00M	-346.00M	-200.00M	4.00M	0.00M	-5.00M	-249.00M	-207.00M	-58.00M	-14.00M	0.00M	-15.00M	-4.00M	-1.00M	-9.00M	-7.00M	-78.00M	-27.00M	0.00M
Sales / Maturities of Investments	248.00M	156.00M	248.00M	156.00M	228.00M	200.00M	169.00M	0.00M	5.00M	54.00M	200.00M	104.00M	0.00M	35.00M	13.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Investing Activities	392.00M	3,475.00M	392.00M	3,475.00M	-66.00M	3.00M	-12.00M	8.00M	86.00M	183.00M	432.00M	-6.00M	110.00M	450.00M	0.00M	1.00M	-9.00M	2.00M	1.00M	44.00M	69.00M	-2,042.00M
Net Cash from Investing Activities	-580.00M	-23,070.00M	-580.00M	-23,070.00M	-689.00M	-667.00M	-245.00M	-11,109.00M	-15,422.00M	-4,674.00M	-674.00M	-9,840.00M	-241.00M	-5,885.00M	-652.00M	-244.00M	-122.00M	-86.00M	-63.00M	-94.00M	5.00M	-2,100.00M
Net Debt Issuance	-2,812.00M	20,346.00M	-2,812.00M	20,346.00M	-403.00M	-426.00M	-1,591.00M	7,703.00M	13,234.00M	-973.00M	3,718.00M	8,193.00M	-1,817.00M	5,588.00M	-2.00M	-2.00M	-233.00M	-366.00M	-115.00M	-202.00M	-108.00M	941.00M
Long-Term Debt Issuance	-7,161.00M	20,346.00M	-2,812.00M	20,346.00M	-403.00M	-426.00M	-1,591.00M	7,703.00M	13,234.00M	-973.00M	3,758.00M	8,193.00M	-1,817.00M	988.00M	-2.00M	-2.00M	-233.00M	-366.00M	-115.00M	-202.00M	-108.00M	941.00M
Short-Term Debt Issuance	4,349.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-40.00M	0.00M	0.00M	4,600.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Net Stock Issuance	-6,089.00M	-12,202.00M	-6,089.00M	-12,202.00M	-7,563.00M	-8,341.00M	-1,129.00M	-489.00M	-2,475.00M	-7,102.00M	257.00M	295.00M	241.00M	112.00M	6.00M	-66.00M	-23.00M	28.00M	298.00M	-7.00M	-2.00M	1,063.00M
Common Stock Issuance	221.00M	190.00M	221.00M	190.00M	122.00M	114.00M	170.00M	276.00M	253.00M	156.00M	257.00M	295.00M	241.00M	124.00M	101.00M	44.00M	70.00M	28.00M	304.00M	0.00M	0.00M	1,312.00M
Common Stock Repurchased	-6,310.00M	-12,392.00M	-6,310.00M	-12,392.00M	-7,685.00M	-8,455.00M	-1,299.00M	-765.00M	-6,407.00M	-7,258.00M	0.00M	0.00M	0.00M	-12.00M	-95.00M	-110.00M	-93.00M	0.00M	-6.00M	-7.00M	-2.00M	-249.00M
Preferred Stock Issuance	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	3,679.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Net Dividends Paid	-11,142.00M	-9,814.00M	-11,142.00M	-9,814.00M	-7,645.00M	-7,032.00M	-6,212.00M	-5,534.00M	-4,235.00M	-2,998.00M	-1,653.00M	-750.00M	-408.00M	-284.00M	-198.00M	-137.00M	-86.00M	0.00M	0.00M	0.00M	0.00M	-1.00M
Common Dividends Paid	-11,142.00M	-9,814.00M	-11,142.00M	-9,814.00M	-7,645.00M	-7,032.00M	-6,212.00M	-5,534.00M	-4,235.00M	-2,998.00M	-1,653.00M	-750.00M	-408.00M	-284.00M	-198.00M	-137.00M	-86.00M	0.00M	0.00M	0.00M	0.00M	-1.00M
Preferred Dividends Paid	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-1.00M
Other Financing Activities	-84.00M	-63.00M	-84.00M	-63.00M	-12.00M	-17.00M	-42.00M	-69.00M	-36.00M	-45.00M	-92.00M	-34.00M	125.00M	-87.00M	25.00M	11.00M	6.00M	3.00M	0.00M	-1.00M	-4.00M	-1.00M
Net Cash from Financing Activities	-20,127.00M	-1,733.00M	-20,127.00M	-1,733.00M	-15,623.00M	-15,816.00M	-8,974.00M	1,611.00M	6,488.00M	-11,118.00M	2,230.00M	7,704.00M	-1,859.00M	5,329.00M	-169.00M	-194.00M	-336.00M	-335.00M	183.00M	-210.00M	-114.00M	2,002.00M
Effect of FX on Cash	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Net Change in Cash	6,830.00M	-4,841.00M	6,830.00M	-4,841.00M	1,773.00M	253.00M	4,545.00M	2,563.00M	763.00M	-6,912.00M	8,107.00M	1,275.00M	218.00M	619.00M	-99.00M	255.00M	268.00M	89.00M	259.00M	-96.00M	37.00M	272.00M
Cash at Beginning of Period	38,845.00M	45,814.00M	9,348.00M	14,189.00M	12,416.00M	12,163.00M	7,618.00M	5,055.00M	4,292.00M	11,204.00M	3,097.00M	1,822.00M	1,604.00M	985.00M	1,084.00M	829.00M	561.00M	472.00M	213.00M	309.00M	272.00M	0.00M
Cash at End of Period	45,675.00M	40,973.00M	16,178.00M	9,348.00M	14,189.00M	12,416.00M	12,163.00M	7,618.00M	5,055.00M	4,292.00M	11,204.00M	3,097.00M	1,822.00M	1,604.00M	985.00M	1,084.00M	829.00M	561.00M	472.00M	213.00M	309.00M	272.00M
Operating Cash Flow	27,537.00M	19,962.00M	27,537.00M	19,962.00M	18,085.00M	16,736.00M	13,764.00M	12,061.00M	9,697.00M	8,880.00M	6,551.00M	3,411.00M	2,318.00M	1,175.00M	722.00M	693.00M	726.00M	510.00M	139.00M	208.00M	146.00M	370.00M
Capital Expenditure	-623.00M	-548.00M	-623.00M	-548.00M	-452.00M	-424.00M	-443.00M	-463.00M	-432.00M	-635.00M	-1,069.00M	-723.00M	-593.00M	-409.00M	-236.00M	-241.00M	-112.00M	-79.00M	-58.00M	-71.00M	-37.00M	-59.00M
Free Cash Flow	26,914.00M	19,414.00M	26,914.00M	19,414.00M	17,633.00M	16,312.00M	13,321.00M	11,598.00M	9,265.00M	8,245.00M	5,482.00M	2,688.00M	1,725.00M	766.00M	486.00M	452.00M	614.00M	431.00M	81.00M	137.00M	109.00M	311.00M

Free Cash Flow

Metric	TTM	TTM-1	2025-11-02	2024-11-03	2023-10-29	2022-10-30	2021-10-31	2020-11-01	2019-11-03	2018-11-04	2017-10-31	2016-10-31	2015-10-31	2014-10-31	2013-10-31	2012-10-31	2011-10-31	2010-10-31	2009-10-31	2008-10-31	2007-10-31	2006-10-31
EBITDA	36,778.00M	28,250.00M	38,116.00M	28,250.00M	21,680.00M	20,778.00M	16,684.00M	13,518.00M	11,859.00M	9,969.00M	9,154.00M	5,498.00M	2,980.00M	1,400.00M	765.00M	763.00M	767.00M	649.00M	306.00M	353.00M	140.00M	120.00M
(-) Tax Adjustment	0.00M	9,887.50M	0.00M	9,887.50M	1,457.59M	1,569.13M	71.52M	0.00M	0.00M	0.00M	175.56M	0.00M	154.38M	135.09M	21.55M	28.69M	12.30M	0.00M	0.00M	17.65M	0.00M	0.00M
(-) Change In Working Capital	-8,500.00M	-4,637.00M	-8,500.00M	-4,637.00M	-1,643.00M	-1,654.00M	-127.00M	1,093.00M	-184.00M	-826.00M	-735.00M	483.00M	-166.00M	251.00M	-91.00M	-87.00M	-35.00M	-99.00M	-6.00M	-34.00M	-3.00M	355.00M
(-) Capital Expenditure	-623.00M	-548.00M	-623.00M	-548.00M	-452.00M	-424.00M	-443.00M	-463.00M	-432.00M	-635.00M	-1,069.00M	-723.00M	-593.00M	-409.00M	-236.00M	-241.00M	-112.00M	-79.00M	-58.00M	-71.00M	-37.00M	-59.00M
Unlevered Free Cash Flow	44,655.00M	22,451.50M	45,993.00M	22,451.50M	21,413.41M	20,438.87M	16,296.48M	11,962.00M	11,611.00M	10,160.00M	8,644.44M	4,292.00M	2,398.62M	604.91M	598.45M	580.31M	677.70M	669.00M	254.00M	298.35M	106.00M	-294.00M
(-) Net Interest Income After Taxes	-3,157.00M	-2,535.65M	-3,210.00M	-2,269.80M	-1,013.92M	-1,513.38M	-1,860.99M	-1,724.00M	-1,346.00M	-514.00M	-402.14M	-575.00M	-173.52M	-93.96M	1.94M	2.89M	-2.95M	-34.00M	-77.00M	-81.70M	-109.00M	-143.00M
Net Debt Issuance	-2,812.00M	20,346.00M	-2,812.00M	20,346.00M	-403.00M	-426.00M	-1,591.00M	7,703.00M	13,234.00M	-973.00M	3,718.00M	8,193.00M	-1,817.00M	5,588.00M	-2.00M	-2.00M	-233.00M	-366.00M	-115.00M	-202.00M	-108.00M	941.00M
Levered Free Cash Flow	45,000.00M	45,333.15M	46,391.00M	45,067.30M	22,024.33M	21,526.25M	16,566.47M	21,389.00M	26,191.00M	9,701.00M	12,764.58M	13,060.00M	755.14M	6,286.88M	594.51M	575.42M	447.65M	337.00M	216.00M	178.05M	107.00M	790.00M