MRVL vs AVGO vs QCOM Stock Comparison

Marvell Technology, Broadcom and Qualcomm Prices as of Oct 26, 2026 Peers: Industry group
MRVL Marvell Technology, Inc.
$233.78 -10.7% 1M +177.9% 1Y
Market cap
$216.71B
P/E
82.1x
Revenue (TTM)
$9.45B
Div. yield
–
Semiconductor Design Technology
2 wins
AVGO Broadcom Inc.
$329.17 -6.7% 1M -7.0% 1Y
Market cap
$1.62T
P/E
42.4x
Revenue (TTM)
$89.10B
Div. yield
–
Semiconductor Design Technology
7 wins
QCOM Qualcomm Inc/De
$179.60 -11.1% 1M +6.3% 1Y
Market cap
$191.38B
P/E
20.7x
Revenue (TTM)
$44.07B
Div. yield
0.02%
Semiconductor Design Technology
2 wins

Head to Head

11 decided of 12

Broadcom leads on 7 of the 12 questions below (Broadcom 7, Qualcomm 2, Marvell Technology 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMRVLAVGOQCOMLeader
Larger companyMarket capitalisation $216.71B $1.62T $191.38B AVGO
Cheaper on earningsLower P/E, profitable companies only 82.1x 42.4x 20.7x QCOM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 56.7x 29.9x 16.6x QCOM
Faster revenue growthRevenue growth, trailing twelve months +30.6% +48.7% +1.9% AVGO
More profitableNet margin, trailing twelve months 27.9% 42.9% 21.0% AVGO
Better return on capitalReturn on invested capital 5.8% 26.0% 20.5% AVGO
Less leveragedLower net debt / EBITDA 0.4x 0.7x 0.4x MRVL
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.02% –
Better 1-year returnPrice return, last 12 months +177.9% -7.0% +6.3% MRVL
Better 5-year returnAnnualised price return, 5 years +28.1%/yr +44.5%/yr +6.5%/yr AVGO
Less volatileAnnualised volatility, 1 year 79.1% 46.3% 53.1% AVGO
Higher overall scoreMean of the five percentile scores vs peers 50/100 64/100 62/100 AVGO

Percentile Scorecard

MRVLAVGOQCOM

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

AxisMRVLAVGOQCOM
Valuation 27 #70 of 95 44 #54 of 95 80 #20 of 95
Growth 90 #10 of 93 92 #8 of 93 34 #62 of 93
Profitability 60 #37 of 91 93 #7 of 91 87 #13 of 91
Financial Health 48 #53 of 101 35 #66 of 101 28 #73 of 101
Shareholder Returns 26 #56 of 75 57 #33 of 75 80 #16 of 75
Overall 50 64 62
  • MRVL ranked among 104 companies in Semiconductors
  • AVGO ranked among 104 companies in Semiconductors
  • QCOM ranked among 104 companies in Semiconductors

Price Performance

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

Returns

PeriodMRVLAVGOQCOMSPY
1 month -10.7%-6.7%-11.1% -0.8%
3 months +23.6%-14.1%+5.6% +3.5%
6 months +47.8%-21.3%+19.5% +7.0%
Year to date +175.1%-4.9%+5.0% +12.2%
1 year +177.9%-7.0%+6.3% +13.0%
3 years +394.7%+292.6%+68.7% +86.3%
3 years, per year +70.4%+57.8%+19.1% +23.1%
5 years +245.3%+529.3%+36.9% +68.6%
5 years, per year +28.1%+44.5%+6.5% +11.0%
10 years +1,644.6%+1,802.7%+163.3% +258.0%
10 years, per year +33.1%+34.3%+10.2% +13.6%

Risk

MeasureMRVLAVGOQCOMSPY
Volatility, 1Y 79.1%46.3%53.1% 12.7%
Downside volatility, 1Y 74.9%48.6%52.5% 12.7%
Beta vs S&P 500, 1Y 3.232.162.07 1.00
Return / volatility, 1Y 2.25-0.150.12 1.02
Max drawdown, 5Y -62.1%-41.5%-45.6% -25.4%
From 52-week high -26.1%-31.6%-28.5% -1.8%
52-week high $316.43$481.57$251.02 $779.14
52-week low $73.73$293.41$124.07 $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.

MultipleMRVLAVGOQCOM
P/E now vs peer median 79.5xmedian 42.1x 41.0xmedian 42.1x 20.5xmedian 42.1x
P/S now vs peer median 21.7xmedian 7.1x 17.6xmedian 7.1x 4.3xmedian 7.1x
EV/EBITDA now vs peer median 73.0xmedian 27.5x 31.0xmedian 27.5x 16.5xmedian 27.5x
P/FCF now vs peer median 118.5xmedian 37.2x 39.9xmedian 37.2x 18.2xmedian 37.2x
P/B now vs peer median 11.1xmedian 4.2x 15.8xmedian 4.2x 6.9xmedian 4.2x
PEG now vs peer median 0.76median 2.23 1.20median 2.23 4.93median 2.23

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 monthsMRVLAVGOQCOM
Revenue $9.45B $89.10B $44.07B
Gross profit $4.93B $61.28B $23.90B
Operating income $1.56B $42.81B $10.22B
Net income $2.64B $38.27B $9.26B
Free cash flow $1.73B $39.40B $10.42B
R&D $2.44B $11.84B $9.89B
EPS (diluted) $2.87 $7.83 $8.66
Cash & equivalents $3.93B $23.98B $4.53B
Total debt $4.96B $59.42B $12.78B
Shares (diluted) 921.20M 4.89B 1.07B
Enterprise value $203.58B $1.55T $151.30B

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
MetricMRVLAVGOQCOM
P/E 79.5x 41.0x 20.5x
P/FCF 118.5x 39.9x 18.2x
P/Operating cash flow 93.2x 38.7x 15.3x
P/S 21.7x 17.6x 4.3x
P/B 11.1x 15.8x 6.9x
P/Tangible book 12.7x 21.4x 7.3x
EV/EBITDA 73.0x 31.0x 16.5x
EV/EBIT 132.0x 37.5x 19.0x
EV/Revenue 21.8x 18.0x 4.4x
EV/FCF 119.1x 40.8x 18.7x
EV/Operating cash flow 93.6x 39.5x 15.7x
PEG (3Y EPS CAGR) 0.76 1.20 4.93

Growth

14 metrics
MetricMRVLAVGOQCOM
Revenue growth (1Y) 30.6% 48.7% 1.9%
Revenue CAGR (3Y) 18.9% 36.0% 4.5%
Gross profit growth (1Y) 52.8% 53.0% -0.8%
Gross profit CAGR (3Y) 25.0% 36.3% 3.2%
Operating income growth (1Y) 1,577% 89.4% -15.0%
Operating income CAGR (3Y) 100.2% 39.0% 0.6%
Net income growth (1Y) 2,653% 102.1% -20.0%
Net income CAGR (3Y) 107.8% 40.1% 2.4%
EPS growth (1Y) 2,512% 101.0% -17.8%
EPS CAGR (3Y) 104.2% 34.1% 4.2%
Operating cash flow growth (1Y) 19.3% 59.8% -2.1%
Operating cash flow CAGR (3Y) 26.6% 31.6% 12.7%
Free cash flow growth (1Y) 12.8% 58.1% -10.4%
Free cash flow CAGR (3Y) 30.6% 31.4% 14.9%

Profitability

14 metrics
MetricMRVLAVGOQCOM
Gross margin 52.2% 68.8% 54.2%
EBITDA margin 29.9% 58.2% 26.8%
Operating margin 16.5% 48.0% 23.2%
Pretax margin 32.4% 45.4% 25.4%
Net margin 27.9% 42.9% 21.0%
FCF margin 18.3% 44.2% 23.6%
Operating cash flow margin 23.3% 45.6% 28.1%
Return on equity 14.4% 40.8% 33.7%
Return on assets 9.7% 20.8% 16.2%
Return on invested capital 5.8% 26.0% 20.5%
Return on capital employed 6.3% 26.3% 22.3%
Asset turnover 0.3x 0.5x 0.8x
Cash conversion (OCF / net income) 0.8x 1.1x 1.3x
Stock comp / revenue 8.8% 9.5% 7.4%

Financial Health

11 metrics
MetricMRVLAVGOQCOM
Debt / assets 18.0% 31.6% 22.3%
Debt / equity 0.3x 0.6x 0.5x
Net debt / EBITDA 0.4x 0.7x 0.4x
Debt / FCF 2.9x 1.5x 1.2x
Liabilities / assets 32.7% 47.0% 51.8%
Equity / assets 67.3% 53.0% 48.2%
Interest coverage 7.2x 13.7x 14.8x
Current ratio 3.2x 2.5x 2.0x
Quick ratio 2.5x 2.2x 1.1x
Cash ratio 1.6x 1.2x 0.7x
Altman Z-score 14.48 12.25 6.10

Shareholder Returns

7 metrics
MetricMRVLAVGOQCOM
Dividend yield 0.1% 0.8% 2.0%
Net buyback yield -0.1% 0.5% 4.6%
Shareholder yield 0.0% 1.3% 6.7%
Payout ratio (earnings) – – 41.3%
Payout ratio (FCF) – – 36.7%
Dividend growth (1Y) – – 0.8%
Dividend CAGR (3Y) – – 3.9%

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.

ConsensusMRVLAVGOQCOM
Forward P/E 56.7xFY2026 29.9xFY2026 16.6xFY2026
EPS, next fiscal year $4.12FY2026 $11.01FY2026 $10.79FY2026
EPS growth, next FY +45.1%FY2026 +61.4%FY2026 -10.3%FY2026
EPS growth, the year after +83.5% +68.1% -2.9%
Revenue, next fiscal year $11.42BFY2026 $101.99BFY2026 $45.55BFY2026
Revenue growth, next FY +39.5%FY2026 +59.6%FY2026 +3.2%FY2026
Revenue growth, the year after +80.2% +61.0% -5.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMRVLAVGOQCOM
Held by institutions 78.7% 78.1% 79.7%
Institutions holding 2,214 4,796 3,029
Change in shares held, QoQ +0.1% +3.7% +2.8%
Institutions buying 1,430 2,635 1,416
Institutions selling 646 1,842 1,332
Buyers to sellers 2.21 1.43 1.06

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.

MRVLAVGOQCOM
MRVL 1.00 0.52 0.44
AVGO 0.52 1.00 0.32
QCOM 0.44 0.32 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MRVL, AVGO and QCOM?

Broadcom (AVGO) is the largest by market capitalisation: Marvell Technology (MRVL) $216.71B, Broadcom (AVGO) $1.62T, Qualcomm (QCOM) $191.38B.

Which stock is cheaper, MRVL, AVGO and QCOM?

Qualcomm (QCOM) trades on the lowest price-to-earnings ratio (Marvell Technology (MRVL) 82.1x, Broadcom (AVGO) 42.4x, Qualcomm (QCOM) 20.7x). On next year's consensus earnings, Qualcomm (QCOM) is cheapest (Marvell Technology (MRVL) 56.7x, Broadcom (AVGO) 29.9x, Qualcomm (QCOM) 16.6x). 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: Marvell Technology (MRVL) +30.6%, Broadcom (AVGO) +48.7%, Qualcomm (QCOM) +1.9%.

Which company is more profitable?

Broadcom (AVGO) has the highest net margin (Marvell Technology (MRVL) 27.9%, Broadcom (AVGO) 42.9%, Qualcomm (QCOM) 21.0%). On return on invested capital, Broadcom (AVGO) leads (Marvell Technology (MRVL) 5.8%, Broadcom (AVGO) 26.0%, Qualcomm (QCOM) 20.5%).

Which stock has performed better?

Over the past year Marvell Technology (MRVL) returned the most: Marvell Technology (MRVL) +177.9%, Broadcom (AVGO) -7.0%, Qualcomm (QCOM) +6.3%. Over five years, Broadcom (AVGO) compounded fastest (Marvell Technology (MRVL) +28.1%/yr, Broadcom (AVGO) +44.5%/yr, Qualcomm (QCOM) +6.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Marvell Technology (MRVL) 0.00%, Broadcom (AVGO) 0.00%, Qualcomm (QCOM) 0.02%. Marvell Technology (MRVL) and Broadcom (AVGO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Broadcom (AVGO) has been the steadiest (Marvell Technology (MRVL) 79.1%, Broadcom (AVGO) 46.3%, Qualcomm (QCOM) 53.1%). Volatility measures how widely the price swings, not the risk of the business.

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

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 7. 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.