MRVL vs QCOM Stock Comparison

Marvell Technology and Qualcomm Prices as of Oct 23, 2026 Peers: Industry group
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
5 wins
QCOM Qualcomm Inc/De
$175.91 -10.8% 1M +3.5% 1Y
Market cap
$189.99B
P/E
20.5x
Revenue (TTM)
$44.07B
Div. yield
0.02%
Semiconductor Design Technology
6 wins

Head to Head

11 decided of 12

Qualcomm leads on 6 of the 12 questions below (Qualcomm 6, Marvell Technology 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMRVLQCOMLeader
Larger companyMarket capitalisation $209.82B $189.99B MRVL
Cheaper on earningsLower P/E, profitable companies only 79.5x 20.5x QCOM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 55.5x 16.3x QCOM
Faster revenue growthRevenue growth, trailing twelve months +30.6% +1.9% MRVL
More profitableNet margin, trailing twelve months 27.9% 21.0% MRVL
Better return on capitalReturn on invested capital 5.8% 29.1% QCOM
Less leveragedLower net debt / EBITDA 0.4x -0.5x QCOM
Higher dividend yieldTrailing dividend yield 0.00% 0.02% –
Better 1-year returnPrice return, last 12 months +176.1% +3.5% MRVL
Better 5-year returnAnnualised price return, 5 years +28.1%/yr +6.0%/yr MRVL
Less volatileAnnualised volatility, 1 year 79.1% 54.0% QCOM
Higher overall scoreMean of the five percentile scores vs peers 50/100 65/100 QCOM

Percentile Scorecard

MRVLQCOM

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

AxisMRVLQCOM
Valuation 26 #71 of 95 81 #19 of 95
Growth 90 #10 of 93 34 #62 of 93
Profitability 60 #37 of 91 88 #12 of 91
Financial Health 50 #52 of 102 43 #59 of 102
Shareholder Returns 25 #57 of 76 80 #16 of 76
Overall 50 65
  • MRVL 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

PeriodMRVLQCOMSPY
1 month -12.4%-10.8% -1.0%
3 months +17.6%+5.4% +2.9%
6 months +39.1%+18.2% +6.4%
Year to date +168.9%+2.8% +11.4%
1 year +176.1%+3.5% +13.1%
3 years +361.7%+60.8% +79.4%
3 years, per year +66.6%+17.2% +21.5%
5 years +244.6%+33.6% +67.7%
5 years, per year +28.1%+6.0% +10.9%
10 years +1,671.4%+159.0% +255.2%
10 years, per year +33.3%+10.0% +13.5%

Risk

MeasureMRVLQCOMSPY
Volatility, 1Y 79.1%54.0% 12.7%
Downside volatility, 1Y 74.9%52.3% 12.7%
Beta vs S&P 500, 1Y 3.232.11 1.00
Return / volatility, 1Y 2.230.06 1.03
Max drawdown, 5Y -62.1%-45.6% -25.4%
From 52-week high -27.8%-29.9% -2.5%
52-week high $316.43$251.02 $779.14
52-week low $73.73$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.

MultipleMRVLQCOM
P/E now vs peer median 77.7xmedian 41.5x 20.1xmedian 41.5x
P/S now vs peer median 21.2xmedian 6.9x 4.2xmedian 6.9x
EV/EBITDA now vs peer median 71.4xmedian 27.3x 15.3xmedian 27.3x
P/FCF now vs peer median 115.8xmedian 35.6x 17.9xmedian 35.6x
P/B now vs peer median 10.8xmedian 4.2x 6.7xmedian 4.2x
PEG now vs peer median 0.75median 2.31 4.83median 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 monthsMRVLQCOM
Revenue $9.45B $44.07B
Gross profit $4.93B $23.90B
Operating income $1.56B $10.22B
Net income $2.64B $9.26B
Free cash flow $1.73B $10.42B
R&D $2.44B $9.89B
EPS (diluted) $2.87 $8.66
Cash & equivalents $3.93B $4.53B
Total debt $4.96B $2.49B
Shares (diluted) 921.20M 1.07B
Enterprise value $196.69B $149.91B

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
MetricMRVLQCOM
P/E 77.7x 20.1x
P/FCF 115.8x 17.9x
P/Operating cash flow 91.1x 15.0x
P/S 21.2x 4.2x
P/B 10.8x 6.7x
P/Tangible book 12.4x 7.1x
EV/EBITDA 71.4x 15.3x
EV/EBIT 129.0x 17.6x
EV/Revenue 21.3x 4.1x
EV/FCF 116.4x 17.3x
EV/Operating cash flow 91.5x 14.5x
PEG (3Y EPS CAGR) 0.75 4.83

Growth

14 metrics
MetricMRVLQCOM
Revenue growth (1Y) 30.6% 1.9%
Revenue CAGR (3Y) 18.9% 4.5%
Gross profit growth (1Y) 52.8% -0.8%
Gross profit CAGR (3Y) 25.0% 3.2%
Operating income growth (1Y) 1,577% -15.0%
Operating income CAGR (3Y) 100.2% 0.6%
Net income growth (1Y) 2,653% -20.0%
Net income CAGR (3Y) 107.8% 2.4%
EPS growth (1Y) 2,512% -17.8%
EPS CAGR (3Y) 104.2% 4.2%
Operating cash flow growth (1Y) 19.3% -2.1%
Operating cash flow CAGR (3Y) 26.6% 12.7%
Free cash flow growth (1Y) 12.8% -10.4%
Free cash flow CAGR (3Y) 30.6% 14.9%

Profitability

14 metrics
MetricMRVLQCOM
Gross margin 52.2% 54.2%
EBITDA margin 29.9% 26.8%
Operating margin 16.5% 23.2%
Pretax margin 32.4% 25.4%
Net margin 27.9% 21.0%
FCF margin 18.3% 23.6%
Operating cash flow margin 23.3% 28.1%
Return on equity 14.4% 33.7%
Return on assets 9.7% 16.2%
Return on invested capital 5.8% 29.1%
Return on capital employed 6.3% 22.3%
Asset turnover 0.3x 0.8x
Cash conversion (OCF / net income) 0.8x 1.3x
Stock comp / revenue 8.8% 7.4%

Financial Health

11 metrics
MetricMRVLQCOM
Debt / assets 18.0% 4.3%
Debt / equity 0.3x 0.1x
Net debt / EBITDA 0.4x -0.5x
Debt / FCF 2.9x 0.2x
Liabilities / assets 32.7% 51.8%
Equity / assets 67.3% 48.2%
Interest coverage 7.2x 14.8x
Current ratio 3.2x 2.0x
Quick ratio 2.5x 1.1x
Cash ratio 1.6x 0.7x
Altman Z-score 14.17 6.02

Shareholder Returns

7 metrics
MetricMRVLQCOM
Dividend yield 0.1% 2.1%
Net buyback yield -0.1% 4.7%
Shareholder yield 0.0% 6.8%
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.

ConsensusMRVLQCOM
Forward P/E 55.5xFY2026 16.3xFY2026
EPS, next fiscal year $4.12FY2026 $10.79FY2026
EPS growth, next FY +45.1%FY2026 -10.3%FY2026
EPS growth, the year after +83.5% -2.9%
Revenue, next fiscal year $11.42BFY2026 $45.55BFY2026
Revenue growth, next FY +39.5%FY2026 +3.2%FY2026
Revenue growth, the year after +80.2% -5.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMRVLQCOM
Held by institutions 78.7% 79.7%
Institutions holding 2,214 3,029
Change in shares held, QoQ +0.1% +2.8%
Institutions buying 1,430 1,416
Institutions selling 646 1,332
Buyers to sellers 2.21 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.

MRVLQCOM
MRVL 1.00 0.44
QCOM 0.44 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MRVL and QCOM?

Marvell Technology (MRVL) is the largest by market capitalisation: Marvell Technology (MRVL) $209.82B, Qualcomm (QCOM) $189.99B.

Which stock is cheaper, MRVL and QCOM?

Qualcomm (QCOM) trades on the lowest price-to-earnings ratio (Marvell Technology (MRVL) 79.5x, Qualcomm (QCOM) 20.5x). On next year's consensus earnings, Qualcomm (QCOM) is cheapest (Marvell Technology (MRVL) 55.5x, Qualcomm (QCOM) 16.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Marvell Technology (MRVL) grew revenue fastest over the trailing twelve months: Marvell Technology (MRVL) +30.6%, Qualcomm (QCOM) +1.9%.

Which company is more profitable?

Marvell Technology (MRVL) has the highest net margin (Marvell Technology (MRVL) 27.9%, Qualcomm (QCOM) 21.0%). On return on invested capital, Qualcomm (QCOM) leads (Marvell Technology (MRVL) 5.8%, Qualcomm (QCOM) 29.1%).

Which stock has performed better?

Over the past year Marvell Technology (MRVL) returned the most: Marvell Technology (MRVL) +176.1%, Qualcomm (QCOM) +3.5%. Over five years, Marvell Technology (MRVL) compounded fastest (Marvell Technology (MRVL) +28.1%/yr, Qualcomm (QCOM) +6.0%/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%, Qualcomm (QCOM) 0.02%. Marvell Technology (MRVL) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Qualcomm (QCOM) has been the steadiest (Marvell Technology (MRVL) 79.1%, Qualcomm (QCOM) 54.0%). Volatility measures how widely the price swings, not the risk of the business.

Do MRVL and QCOM move together?

Their daily returns over the past year have a correlation of 0.44, a moderate positive relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, MRVL 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, Qualcomm (QCOM) leads on 6. 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.