Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
It is a $247B technology company. Revenue grew 30.6% over the last year, it keeps 28¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 91.4× earnings — near the highest of its own history.
- Website
- marvell.com
- Location
- Wilmington, DE
- Employees
- 7 480
- Sector
- Technology
- Founded
- 1995
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong profitability and health; Valuation, Growth and Moat lag behind.
Valuation5
- P/E vs own history91th pct · 0/25
- FCF yield0.7% · 5/25
- P/S25.5x · 0/25
- EV/EBITDA65.0x · 0/25
Growth45
- Revenue CAGR16.4% · 20/25
- Net income CAGRn/a · 0/25
- EPS CAGR ~5Yn/a · 0/25
- Fwd implied growth103.2% · 25/25
Profitability90
- ROIC21.9% · 20/25
- ROE16.2% · 20/25
- Net margin27.9% · 25/25
- Operating margin35.6% · 25/25
Health75
- Altman Zn/a · 0/25
- Current ratio3.17 · 25/25
- Interest coverage40.9x · 25/25
- Net cash / debtNet cash · 25/25
Quality62
- Piotroski F6/9 · 15/25
- Beneish M-2.42 · 20/25
- FCF conversion66% · 15/25
- Margin stabilityσ 12.6% · 12/25
Moat45
- ROIC >12% years0/5 yrs · 0/25
- Median gross margin46.3% · 20/25
- FCF-positive years5/5 yrs · 25/25
- Worst-year net marginworst -16.9% · 0/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2026FinancialTurned profitable$2.67B net income after a loss year
- FY2026FinancialBest year on record$2.67B net income
- FY2024FinancialBecame debt-freecash now exceeds total debt
- 2023AcquisitionMarvell Technologies acquired an expansion deal in Pune, India
- FY2022FinancialRevenue already above $1B$4.46B in first reported year
- FY2022FinancialPositive free cash flow every year since5-year streak
- 2021AcquisitionMarvell completed the acquisition of Inphi Corporation
- May 27, 2021MilestoneMarvell announced its first NVM Express SSD controllers to support PCI Express 5.0
- 2019AcquisitionMarvell completed the acquisition of Aquantia
- 2017AcquisitionSynaptics acquired Marvell Multimedia Solutions on 2017-06-12
- 2007MilestoneRadlan was officially renamed Marvell Software Solutions Israel (MSSI), to complete the integration into…
- 2003AcquisitionThe integrated circuit (IC) designer Marvell Technology Group closed the deal to acquire RADLAN…
- Jun 27, 2000IPOThe company's initial public offering of 6 million shares on NASDAQ under the ticker symbol MRVL on June 27, 2000…
- 1995FoundedMarvell was founded in 1995 by Dr
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (52.2%)
- Strongly profitable — 27.9% net margin
- Revenue growing 30.6% year over year
- Strong cash conversion — FCF is 18.3% of revenue
- Net cash position after subtracting debt from cash
Watch-outs
- Loss-making in 4 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+30.6% YoY
- Profitable — makes more than it spends$2.64B TTM
- Profit growing — earnings are higher than last year+401.7% YoY
- Generates cash — cash left after running and investing$1.73B TTM
- Debt under control — could handle its obligationsmore cash than debt
- Established company — not a micro-cap — lower blow-up risk$247B market cap
- Not printing shares — share count not ballooning — you keep your slice+9.1% shares over ~5y
- Proven track record — years of profitability behind it1/5 profitable years
- Financially stable — balance sheet not near distresshealth score 50/100
- Pays a dividend — returns cash to shareholdersyield 0.09%
- Valuation not extreme — price not wildly above earningsP/E 91.4
Peer comparisonMarvell Technology, Inc. vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| MRVL this company | $247.0B | 91.4 | +30.6% | 27.9% | Mixed |
| NVDA Nvidia Corp | $5.5T | 28.6 | +83.4% | 63.7% | Mixed |
| AAPL Apple Inc. | $4.9T | 38.1 | +14.2% | 27.6% | Strong |
| GOOGL Alphabet Inc. | $4.3T | 17.6 | +20.1% | 54.8% | Mixed |
| MSFT Microsoft Corp | $4.0T | 29.7 | +17.8% | 40.3% | Strong |
| SPCX Space Exploration Technologies Corp. | $2.1T | — | +33.2% | -34.0% | Strained |
| META Meta Platforms, Inc. | $1.8T | 26.9 | +27.7% | 29.8% | Mixed |
Head-to-head: MRVL vs NVDA · MRVL vs AAPL · MRVL vs GOOGL
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2022–FY2026. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/MRVL
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of MRVL on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $274.83 · market cap $247B.