ARM vs MRVL vs AVGO Stock Comparison

Arm Holdings, Marvell Technology and Broadcom Prices as of Oct 27, 2026 Peers: Industry group
ARM Arm Holdings Plc /Uk
$226.60 -27.0% 1M +26.9% 1Y
Market cap
$246.30B
P/E
235.9x
Revenue (TTM)
$5.16B
Div. yield
–
Semiconductor Design Technology
MRVL Marvell Technology, Inc.
$243.57 -7.0% 1M +174.6% 1Y
Market cap
$223.26B
P/E
84.6x
Revenue (TTM)
$9.45B
Div. yield
–
Semiconductor Design Technology
2 wins
AVGO Broadcom Inc.
$342.33 -3.0% 1M -5.4% 1Y
Market cap
$1.65T
P/E
43.2x
Revenue (TTM)
$89.10B
Div. yield
–
Semiconductor Design Technology
9 wins

Head to Head

11 decided of 12

Broadcom leads on 9 of the 12 questions below (Broadcom 9, Marvell Technology 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionARMMRVLAVGOLeader
Larger companyMarket capitalisation $246.30B $223.26B $1.65T AVGO
Cheaper on earningsLower P/E, profitable companies only 235.9x 84.6x 43.2x AVGO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 109.5x 59.1x 31.1x AVGO
Faster revenue growthRevenue growth, trailing twelve months +25.1% +30.6% +48.7% AVGO
More profitableNet margin, trailing twelve months 20.2% 27.9% 42.9% AVGO
Better return on capitalReturn on invested capital — 5.8% 26.0% AVGO
Less leveragedLower net debt / EBITDA — 0.4x 0.7x MRVL
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +26.9% +174.6% -5.4% MRVL
Better 5-year returnAnnualised price return, 5 years — +28.9%/yr +45.3%/yr AVGO
Less volatileAnnualised volatility, 1 year 78.9% 79.1% 46.4% AVGO
Higher overall scoreMean of the five percentile scores vs peers 62/100 51/100 64/100 AVGO

Percentile Scorecard

ARMMRVLAVGO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisARMMRVLAVGO
Valuation 8 #87 of 94 29 #67 of 94 44 #53 of 94
Growth 88 #12 of 92 90 #10 of 92 92 #8 of 92
Profitability 78 #21 of 90 61 #36 of 90 93 #7 of 90
Financial Health 77 #24 of 99 47 #53 of 99 34 #66 of 99
Shareholder Returns – 26 #54 of 73 58 #31 of 73
Overall 62 51 64
  • ARM ranked among 103 companies in Semiconductors
  • MRVL ranked among 103 companies in Semiconductors
  • AVGO ranked among 103 companies in Semiconductors

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodARMMRVLAVGOSPY
1 month -27.0%-7.0%-3.0% -0.2%
3 months -7.4%+39.6%-10.1% +3.9%
6 months +14.1%+59.0%-14.4% +8.2%
Year to date +107.3%+186.6%-1.1% +12.9%
1 year +26.9%+174.6%-5.4% +12.3%
3 years +361.6%+415.4%+308.3% +87.4%
3 years, per year +66.6%+72.8%+59.9% +23.3%
5 years —+255.7%+546.4% +67.9%
5 years, per year —+28.9%+45.3% +10.9%
10 years —+1,756.5%+1,888.0% +261.1%
10 years, per year —+33.9%+34.9% +13.7%

Risk

MeasureARMMRVLAVGOSPY
Volatility, 1Y 78.9%79.1%46.4% 12.7%
Downside volatility, 1Y 71.2%74.9%48.6% 12.7%
Beta vs S&P 500, 1Y 3.463.232.17 1.00
Return / volatility, 1Y 0.342.21-0.12 0.97
Max drawdown, 5Y -54.0%-62.1%-41.5% -25.4%
From 52-week high -48.4%-23.0%-28.9% -1.2%
52-week high $439.46$316.43$481.57 $779.14
52-week low $104.55$73.73$293.41 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleARMMRVLAVGO
P/E now vs peer median 230.3xmedian 45.6x 82.8xmedian 45.6x 42.6xmedian 45.6x
P/S now vs peer median 46.6xmedian 7.7x 22.6xmedian 7.7x 18.3xmedian 7.7x
EV/EBITDA now vs peer median 204.3xmedian 29.0x 76.0xmedian 29.0x 32.2xmedian 29.0x
P/FCF now vs peer median 119.5xmedian 40.6x 123.5xmedian 40.6x 41.5xmedian 40.6x
P/B now vs peer median 27.9xmedian 4.6x 11.5xmedian 4.6x 16.4xmedian 4.6x
PEG now vs peer median 6.49median 2.28 0.79median 2.28 1.25median 2.28

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsARMMRVLAVGO
Revenue $5.16B $9.45B $89.10B
Gross profit $5.03B $4.93B $61.28B
Operating income $877.00M $1.56B $42.81B
Net income $1.04B $2.64B $38.27B
Free cash flow $2.01B $1.73B $39.40B
R&D $2.96B $2.44B $11.84B
EPS (diluted) $0.98 $2.87 $7.83
Cash & equivalents $3.06B $3.93B $23.98B
Total debt – $4.96B $59.42B
Shares (diluted) 1.07B 921.20M 4.89B
Enterprise value $232.01B $210.13B $1.58T

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricARMMRVLAVGO
P/E 230.3x 82.8x 42.6x
P/FCF 119.5x 123.5x 41.5x
P/Operating cash flow 114.8x 97.1x 40.2x
P/S 46.6x 22.6x 18.3x
P/B 27.9x 11.5x 16.4x
P/Tangible book 28.6x 13.2x 22.3x
EV/EBITDA 204.3x 76.0x 32.2x
EV/EBIT 269.7x 137.5x 39.0x
EV/Revenue 45.9x 22.7x 18.7x
EV/FCF 117.6x 124.0x 42.4x
EV/Operating cash flow 113.0x 97.5x 41.1x
PEG (3Y EPS CAGR) 6.49 0.79 1.25

Growth

14 metrics
MetricARMMRVLAVGO
Revenue growth (1Y) 25.1% 30.6% 48.7%
Revenue CAGR (3Y) 24.7% 18.9% 36.0%
Gross profit growth (1Y) 25.6% 52.8% 53.0%
Gross profit CAGR (3Y) 25.4% 25.0% 36.3%
Operating income growth (1Y) 14.9% 1,577% 89.4%
Operating income CAGR (3Y) 21.6% 100.2% 39.0%
Net income growth (1Y) 49.4% 2,653% 102.1%
Net income CAGR (3Y) 37.2% 107.8% 40.1%
EPS growth (1Y) 48.7% 2,512% 101.0%
EPS CAGR (3Y) 35.5% 104.2% 34.1%
Operating cash flow growth (1Y) 105.5% 19.3% 59.8%
Operating cash flow CAGR (3Y) 34.7% 26.6% 31.6%
Free cash flow growth (1Y) 121.8% 12.8% 58.1%
Free cash flow CAGR (3Y) 33.3% 30.6% 31.4%

Profitability

14 metrics
MetricARMMRVLAVGO
Gross margin 97.5% 52.2% 68.8%
EBITDA margin 22.5% 29.9% 58.2%
Operating margin 17.0% 16.5% 48.0%
Pretax margin 24.5% 32.4% 45.4%
Net margin 20.2% 27.9% 42.9%
FCF margin 39.0% 18.3% 44.2%
Operating cash flow margin 40.6% 23.3% 45.6%
Return on equity 16.3% 14.4% 40.8%
Return on assets 12.6% 9.7% 20.8%
Return on invested capital – 5.8% 26.0%
Return on capital employed 9.0% 6.3% 26.3%
Asset turnover 0.5x 0.3x 0.5x
Cash conversion (OCF / net income) 2.0x 0.8x 1.1x
Stock comp / revenue 22.4% 8.8% 9.5%

Financial Health

11 metrics
MetricARMMRVLAVGO
Debt / assets – 18.0% 31.6%
Debt / equity – 0.3x 0.6x
Net debt / EBITDA – 0.4x 0.7x
Debt / FCF – 2.9x 1.5x
Liabilities / assets 22.9% 32.7% 47.0%
Equity / assets 77.1% 67.3% 53.0%
Interest coverage – 7.2x 13.7x
Current ratio 5.3x 3.2x 2.5x
Quick ratio 4.9x 2.5x 2.2x
Cash ratio 3.2x 1.6x 1.2x
Altman Z-score 58.08 15.05 12.67

Shareholder Returns

7 metrics
MetricARMMRVLAVGO
Dividend yield – 0.1% 0.8%
Net buyback yield – -0.1% 0.5%
Shareholder yield – 0.0% 1.3%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusARMMRVLAVGO
Forward P/E 109.5xFY2026 59.1xFY2026 31.1xFY2026
EPS, next fiscal year $2.07FY2026 $4.12FY2026 $11.01FY2026
EPS growth, next FY +16.9%FY2026 +45.1%FY2026 +61.4%FY2026
EPS growth, the year after +49.8% +83.5% +68.8%
Revenue, next fiscal year $5.71BFY2026 $11.42BFY2026 $102.00BFY2026
Revenue growth, next FY +16.0%FY2026 +39.5%FY2026 +59.7%FY2026
Revenue growth, the year after +38.7% +80.2% +61.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersARMMRVLAVGO
Held by institutions 9.3% 78.7% 78.1%
Institutions holding 955 2,215 4,798
Change in shares held, QoQ +12.4% +0.1% +3.7%
Institutions buying 593 1,431 2,637
Institutions selling 257 646 1,842
Buyers to sellers 2.31 2.22 1.43

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ARMMRVLAVGO
ARM 1.00 0.61 0.50
MRVL 0.61 1.00 0.52
AVGO 0.50 0.52 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ARM, MRVL and AVGO?

Broadcom (AVGO) is the largest by market capitalisation: Arm Holdings (ARM) $246.30B, Marvell Technology (MRVL) $223.26B, Broadcom (AVGO) $1.65T.

Which stock is cheaper, ARM, MRVL and AVGO?

Broadcom (AVGO) trades on the lowest price-to-earnings ratio (Arm Holdings (ARM) 235.9x, Marvell Technology (MRVL) 84.6x, Broadcom (AVGO) 43.2x). On next year's consensus earnings, Broadcom (AVGO) is cheapest (Arm Holdings (ARM) 109.5x, Marvell Technology (MRVL) 59.1x, Broadcom (AVGO) 31.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Broadcom (AVGO) grew revenue fastest over the trailing twelve months: Arm Holdings (ARM) +25.1%, Marvell Technology (MRVL) +30.6%, Broadcom (AVGO) +48.7%.

Which company is more profitable?

Broadcom (AVGO) has the highest net margin (Arm Holdings (ARM) 20.2%, Marvell Technology (MRVL) 27.9%, Broadcom (AVGO) 42.9%). On return on invested capital, Broadcom (AVGO) leads (Marvell Technology (MRVL) 5.8%, Broadcom (AVGO) 26.0%).

Which stock has performed better?

Over the past year Marvell Technology (MRVL) returned the most: Arm Holdings (ARM) +26.9%, Marvell Technology (MRVL) +174.6%, Broadcom (AVGO) -5.4%. Over five years, Broadcom (AVGO) compounded fastest (Marvell Technology (MRVL) +28.9%/yr, Broadcom (AVGO) +45.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Broadcom (AVGO) has been the steadiest (Arm Holdings (ARM) 78.9%, Marvell Technology (MRVL) 79.1%, Broadcom (AVGO) 46.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ARM, MRVL and AVGO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Broadcom (AVGO) leads on 9. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.