AVGO vs MRVL Stock Comparison

Broadcom and Marvell Technology Prices as of Oct 23, 2026 Peers: Industry group
AVGO Broadcom Inc.
$321.68 -9.4% 1M -6.6% 1Y
Market cap
$1.57T
P/E
41.0x
Revenue (TTM)
$89.10B
Div. yield
–
Semiconductor Design Technology
9 wins
MRVL Marvell Technology, Inc.
$228.51 -12.4% 1M +176.1% 1Y
Market cap
$209.82B
P/E
79.5x
Revenue (TTM)
$9.45B
Div. yield
–
Semiconductor Design Technology
2 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.

QuestionAVGOMRVLLeader
Larger companyMarket capitalisation $1.57T $209.82B AVGO
Cheaper on earningsLower P/E, profitable companies only 41.0x 79.5x AVGO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 29.2x 55.5x AVGO
Faster revenue growthRevenue growth, trailing twelve months +48.7% +30.6% AVGO
More profitableNet margin, trailing twelve months 42.9% 27.9% AVGO
Better return on capitalReturn on invested capital 26.0% 5.8% AVGO
Less leveragedLower net debt / EBITDA 0.7x 0.4x MRVL
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -6.6% +176.1% MRVL
Better 5-year returnAnnualised price return, 5 years +44.3%/yr +28.1%/yr AVGO
Less volatileAnnualised volatility, 1 year 46.3% 79.1% AVGO
Higher overall scoreMean of the five percentile scores vs peers 64/100 50/100 AVGO

Percentile Scorecard

AVGOMRVL

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

AxisAVGOMRVL
Valuation 43 #55 of 95 26 #71 of 95
Growth 92 #8 of 93 90 #10 of 93
Profitability 93 #7 of 91 60 #37 of 91
Financial Health 33 #69 of 102 50 #52 of 102
Shareholder Returns 57 #33 of 76 25 #57 of 76
Overall 64 50
  • AVGO ranked among 104 companies in Semiconductors
  • MRVL ranked among 104 companies in Semiconductors

Price Performance

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

Returns

PeriodAVGOMRVLSPY
1 month -9.4%-12.4% -1.0%
3 months -15.8%+17.6% +2.9%
6 months -23.9%+39.1% +6.4%
Year to date -7.1%+168.9% +11.4%
1 year -6.6%+176.1% +13.1%
3 years +265.1%+361.7% +79.4%
3 years, per year +54.0%+66.6% +21.5%
5 years +524.1%+244.6% +67.7%
5 years, per year +44.3%+28.1% +10.9%
10 years +1,760.5%+1,671.4% +255.2%
10 years, per year +34.0%+33.3% +13.5%

Risk

MeasureAVGOMRVLSPY
Volatility, 1Y 46.3%79.1% 12.7%
Downside volatility, 1Y 48.6%74.9% 12.7%
Beta vs S&P 500, 1Y 2.163.23 1.00
Return / volatility, 1Y -0.142.23 1.03
Max drawdown, 5Y -41.5%-62.1% -25.4%
From 52-week high -33.2%-27.8% -2.5%
52-week high $481.57$316.43 $779.14
52-week low $293.41$73.73 $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.

MultipleAVGOMRVL
P/E now vs peer median 40.1xmedian 41.5x 77.7xmedian 41.5x
P/S now vs peer median 17.2xmedian 6.9x 21.2xmedian 6.9x
EV/EBITDA now vs peer median 30.3xmedian 27.3x 71.4xmedian 27.3x
P/FCF now vs peer median 39.0xmedian 35.6x 115.8xmedian 35.6x
P/B now vs peer median 15.4xmedian 4.2x 10.8xmedian 4.2x
PEG now vs peer median 1.18median 2.31 0.75median 2.31

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 monthsAVGOMRVL
Revenue $89.10B $9.45B
Gross profit $61.28B $4.93B
Operating income $42.81B $1.56B
Net income $38.27B $2.64B
Free cash flow $39.40B $1.73B
R&D $11.84B $2.44B
EPS (diluted) $7.83 $2.87
Cash & equivalents $23.98B $3.93B
Total debt $59.42B $4.96B
Shares (diluted) 4.89B 921.20M
Enterprise value $1.50T $196.69B

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
MetricAVGOMRVL
P/E 40.1x 77.7x
P/FCF 39.0x 115.8x
P/Operating cash flow 37.8x 91.1x
P/S 17.2x 21.2x
P/B 15.4x 10.8x
P/Tangible book 20.9x 12.4x
EV/EBITDA 30.3x 71.4x
EV/EBIT 36.7x 129.0x
EV/Revenue 17.6x 21.3x
EV/FCF 39.9x 116.4x
EV/Operating cash flow 38.6x 91.5x
PEG (3Y EPS CAGR) 1.18 0.75

Growth

14 metrics
MetricAVGOMRVL
Revenue growth (1Y) 48.7% 30.6%
Revenue CAGR (3Y) 36.0% 18.9%
Gross profit growth (1Y) 53.0% 52.8%
Gross profit CAGR (3Y) 36.3% 25.0%
Operating income growth (1Y) 89.4% 1,577%
Operating income CAGR (3Y) 39.0% 100.2%
Net income growth (1Y) 102.1% 2,653%
Net income CAGR (3Y) 40.1% 107.8%
EPS growth (1Y) 101.0% 2,512%
EPS CAGR (3Y) 34.1% 104.2%
Operating cash flow growth (1Y) 59.8% 19.3%
Operating cash flow CAGR (3Y) 31.6% 26.6%
Free cash flow growth (1Y) 58.1% 12.8%
Free cash flow CAGR (3Y) 31.4% 30.6%

Profitability

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

Financial Health

11 metrics
MetricAVGOMRVL
Debt / assets 31.6% 18.0%
Debt / equity 0.6x 0.3x
Net debt / EBITDA 0.7x 0.4x
Debt / FCF 1.5x 2.9x
Liabilities / assets 47.0% 32.7%
Equity / assets 53.0% 67.3%
Interest coverage 13.7x 7.2x
Current ratio 2.5x 3.2x
Quick ratio 2.2x 2.5x
Cash ratio 1.2x 1.6x
Altman Z-score 12.01 14.17

Shareholder Returns

7 metrics
MetricAVGOMRVL
Dividend yield 0.8% 0.1%
Net buyback yield 0.5% -0.1%
Shareholder yield 1.4% 0.0%
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.

ConsensusAVGOMRVL
Forward P/E 29.2xFY2026 55.5xFY2026
EPS, next fiscal year $11.01FY2026 $4.12FY2026
EPS growth, next FY +61.4%FY2026 +45.1%FY2026
EPS growth, the year after +68.1% +83.5%
Revenue, next fiscal year $101.99BFY2026 $11.42BFY2026
Revenue growth, next FY +59.6%FY2026 +39.5%FY2026
Revenue growth, the year after +61.0% +80.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAVGOMRVL
Held by institutions 78.1% 78.7%
Institutions holding 4,796 2,214
Change in shares held, QoQ +3.7% +0.1%
Institutions buying 2,635 1,430
Institutions selling 1,842 646
Buyers to sellers 1.43 2.21

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.

AVGOMRVL
AVGO 1.00 0.52
MRVL 0.52 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AVGO and MRVL?

Broadcom (AVGO) is the largest by market capitalisation: Broadcom (AVGO) $1.57T, Marvell Technology (MRVL) $209.82B.

Which stock is cheaper, AVGO and MRVL?

Broadcom (AVGO) trades on the lowest price-to-earnings ratio (Broadcom (AVGO) 41.0x, Marvell Technology (MRVL) 79.5x). On next year's consensus earnings, Broadcom (AVGO) is cheapest (Broadcom (AVGO) 29.2x, Marvell Technology (MRVL) 55.5x). 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: Broadcom (AVGO) +48.7%, Marvell Technology (MRVL) +30.6%.

Which company is more profitable?

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

Which stock has performed better?

Over the past year Marvell Technology (MRVL) returned the most: Broadcom (AVGO) -6.6%, Marvell Technology (MRVL) +176.1%. Over five years, Broadcom (AVGO) compounded fastest (Broadcom (AVGO) +44.3%/yr, Marvell Technology (MRVL) +28.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Broadcom (AVGO) has been the steadiest (Broadcom (AVGO) 46.3%, Marvell Technology (MRVL) 79.1%). Volatility measures how widely the price swings, not the risk of the business.

Do AVGO and MRVL move together?

Their daily returns over the past year have a correlation of 0.52, a moderate positive relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, AVGO and MRVL?

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.