QCOM vs MRVL Stock Comparison

Qualcomm and Marvell Technology Prices as of Oct 26, 2026 Peers: Industry group
QCOM Qualcomm Inc/De
$179.60 -11.1% 1M +6.3% 1Y
Market cap
$191.59B
P/E
20.7x
Revenue (TTM)
$44.07B
Div. yield
0.02%
Semiconductor Design Technology
5 wins
MRVL Marvell Technology, Inc.
$233.78 -10.7% 1M +177.9% 1Y
Market cap
$216.84B
P/E
82.1x
Revenue (TTM)
$9.45B
Div. yield
–
Semiconductor Design Technology
6 wins

Head to Head

11 decided of 12

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

QuestionQCOMMRVLLeader
Larger companyMarket capitalisation $191.59B $216.84B MRVL
Cheaper on earningsLower P/E, profitable companies only 20.7x 82.1x QCOM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 16.6x 56.7x QCOM
Faster revenue growthRevenue growth, trailing twelve months +1.9% +30.6% MRVL
More profitableNet margin, trailing twelve months 21.0% 27.9% MRVL
Better return on capitalReturn on invested capital 20.5% 5.8% QCOM
Less leveragedLower net debt / EBITDA 0.4x 0.4x MRVL
Higher dividend yieldTrailing dividend yield 0.02% 0.00% –
Better 1-year returnPrice return, last 12 months +6.3% +177.9% MRVL
Better 5-year returnAnnualised price return, 5 years +6.5%/yr +28.1%/yr MRVL
Less volatileAnnualised volatility, 1 year 53.1% 79.1% QCOM
Higher overall scoreMean of the five percentile scores vs peers 62/100 50/100 QCOM

Percentile Scorecard

QCOMMRVL

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

AxisQCOMMRVL
Valuation 80 #20 of 95 27 #70 of 95
Growth 34 #62 of 93 90 #10 of 93
Profitability 87 #13 of 91 60 #37 of 91
Financial Health 28 #73 of 101 48 #53 of 101
Shareholder Returns 80 #16 of 75 26 #56 of 75
Overall 62 50
  • QCOM 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

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

Risk

MeasureQCOMMRVLSPY
Volatility, 1Y 53.1%79.1% 12.7%
Downside volatility, 1Y 52.5%74.9% 12.7%
Beta vs S&P 500, 1Y 2.073.23 1.00
Return / volatility, 1Y 0.122.25 1.02
Max drawdown, 5Y -45.6%-62.1% -25.4%
From 52-week high -28.5%-26.1% -1.8%
52-week high $251.02$316.43 $779.14
52-week low $124.07$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.

MultipleQCOMMRVL
P/E now vs peer median 20.5xmedian 42.1x 79.5xmedian 42.1x
P/S now vs peer median 4.3xmedian 7.1x 21.7xmedian 7.1x
EV/EBITDA now vs peer median 16.5xmedian 27.5x 73.0xmedian 27.5x
P/FCF now vs peer median 18.2xmedian 37.2x 118.5xmedian 37.2x
P/B now vs peer median 6.9xmedian 4.2x 11.1xmedian 4.2x
PEG now vs peer median 4.93median 2.23 0.76median 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 monthsQCOMMRVL
Revenue $44.07B $9.45B
Gross profit $23.90B $4.93B
Operating income $10.22B $1.56B
Net income $9.26B $2.64B
Free cash flow $10.42B $1.73B
R&D $9.89B $2.44B
EPS (diluted) $8.66 $2.87
Cash & equivalents $4.53B $3.93B
Total debt $12.78B $4.96B
Shares (diluted) 1.07B 921.20M
Enterprise value $151.51B $203.71B

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
MetricQCOMMRVL
P/E 20.5x 79.5x
P/FCF 18.2x 118.5x
P/Operating cash flow 15.3x 93.2x
P/S 4.3x 21.7x
P/B 6.9x 11.1x
P/Tangible book 7.3x 12.7x
EV/EBITDA 16.5x 73.0x
EV/EBIT 19.0x 132.0x
EV/Revenue 4.4x 21.8x
EV/FCF 18.7x 119.1x
EV/Operating cash flow 15.7x 93.6x
PEG (3Y EPS CAGR) 4.93 0.76

Growth

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

Profitability

14 metrics
MetricQCOMMRVL
Gross margin 54.2% 52.2%
EBITDA margin 26.8% 29.9%
Operating margin 23.2% 16.5%
Pretax margin 25.4% 32.4%
Net margin 21.0% 27.9%
FCF margin 23.6% 18.3%
Operating cash flow margin 28.1% 23.3%
Return on equity 33.7% 14.4%
Return on assets 16.2% 9.7%
Return on invested capital 20.5% 5.8%
Return on capital employed 22.3% 6.3%
Asset turnover 0.8x 0.3x
Cash conversion (OCF / net income) 1.3x 0.8x
Stock comp / revenue 7.4% 8.8%

Financial Health

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

Shareholder Returns

7 metrics
MetricQCOMMRVL
Dividend yield 2.0% 0.1%
Net buyback yield 4.6% -0.1%
Shareholder yield 6.7% 0.0%
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.

ConsensusQCOMMRVL
Forward P/E 16.6xFY2026 56.7xFY2026
EPS, next fiscal year $10.79FY2026 $4.12FY2026
EPS growth, next FY -10.3%FY2026 +45.1%FY2026
EPS growth, the year after -3.0% +83.5%
Revenue, next fiscal year $45.55BFY2026 $11.42BFY2026
Revenue growth, next FY +3.2%FY2026 +39.5%FY2026
Revenue growth, the year after -5.0% +80.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersQCOMMRVL
Held by institutions 79.7% 78.7%
Institutions holding 3,029 2,214
Change in shares held, QoQ +2.8% +0.1%
Institutions buying 1,416 1,430
Institutions selling 1,332 646
Buyers to sellers 1.06 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.

QCOMMRVL
QCOM 1.00 0.44
MRVL 0.44 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, QCOM and MRVL?

Marvell Technology (MRVL) is the largest by market capitalisation: Qualcomm (QCOM) $191.59B, Marvell Technology (MRVL) $216.84B.

Which stock is cheaper, QCOM and MRVL?

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

Which company is more profitable?

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

Which stock has performed better?

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

Which pays a higher dividend?

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

Which stock is riskier?

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

Do QCOM and MRVL 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, QCOM 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, Marvell Technology (MRVL) 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.