Gross Profit Analysis: Comparing Broadcom Inc. and FLEETCOR Technologies, Inc.

Broadcom vs. FLEETCOR: A Decade of Profit Growth

__timestampBroadcom Inc.FLEETCOR Technologies, Inc.
Wednesday, January 1, 201418770000001026053000
Thursday, January 1, 201535530000001371792000
Friday, January 1, 201659400000001476132000
Sunday, January 1, 201785090000001819925000
Monday, January 1, 2018107330000001945797000
Tuesday, January 1, 2019124830000002118179000
Wednesday, January 1, 2020135160000001792492000
Friday, January 1, 2021168440000002273917000
Saturday, January 1, 2022220950000002662422000
Sunday, January 1, 2023246900000002727580001
Monday, January 1, 2024325090000003974589000
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Cracking the code

A Decade of Growth: Broadcom Inc. vs. FLEETCOR Technologies, Inc.

In the ever-evolving landscape of technology and financial services, Broadcom Inc. and FLEETCOR Technologies, Inc. have showcased remarkable growth trajectories over the past decade. Since 2014, Broadcom's gross profit has surged by an impressive 1,630%, reflecting its strategic acquisitions and robust product portfolio. In contrast, FLEETCOR, a leader in specialized payment products, has seen a steady 166% increase in gross profit, underscoring its resilience in a competitive market.

By 2023, Broadcom's gross profit reached a staggering $24.69 billion, dwarfing FLEETCOR's $2.73 billion. This stark contrast highlights Broadcom's dominance in the semiconductor industry. However, FLEETCOR's consistent growth trajectory is noteworthy, especially given the challenges in the financial services sector. The data for 2024 remains incomplete, but the trends suggest continued growth for both companies. This analysis offers a glimpse into the dynamic interplay of innovation and market strategy.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025