AVGO vs. MRVL: Broadcom vs. Marvell Technology Stock Comparison

September 27, 2026

How do Broadcom (AVGO) and Marvell Technology (MRVL) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Broadcom (AVGO) and Marvell Technology (MRVL) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

Company profile comparison for Broadcom (AVGO) and Marvell Technology (MRVL)
Profile Item	AVGO	MRVL
Name	Broadcom Inc.	Marvell Technology Inc.
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Industry	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Sub-Industry	Semiconductors	Semiconductors
Market Capitalization	1,684.18 billion USD	235.40 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	August 6, 2009	June 30, 2000
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

AVGO

MRVL

GSPC

Broadcom (AVGO) vs. Marvell Technology (MRVL), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Broadcom (AVGO) and Marvell Technology (MRVL). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Broadcom (AVGO) and Marvell Technology (MRVL). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Broadcom (AVGO) and Marvell Technology (MRVL)
Metric	AVGO	MRVL
Total Return (1Y)	5.75%	213.21%
Total Return (3Y, Annualized)	63.50%	71.26%
Total Return (5Y, Annualized)	50.16%	33.21%

Risk Profile

Drawdown History

AVGO

MRVL

GSPC

Broadcom (AVGO) vs. Marvell Technology (MRVL), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Broadcom (AVGO) and Marvell Technology (MRVL). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Broadcom (AVGO) and Marvell Technology (MRVL)
Metric	AVGO	MRVL
Volatility (1Y, Annualized)	46.54%	79.22%
Beta (5Y)	1.46	2.29
Max Drawdown (5Y)	-41.15%	-61.88%
Avg. Volume (3M)	22.97M	24.11M

Risk-Adjusted Performance

Risk-Return Positioning

AVGO and MRVL are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Broadcom (AVGO) and Marvell Technology (MRVL)
Metric	AVGO	MRVL
Sharpe Ratio (1Y)	0.03	2.63
Sortino Ratio (1Y)	0.04	4.45

Profitability

ROE (TTM)

Broadcom (AVGO) at 44.25% sits in the top ROE quartile, while Marvell Technology (MRVL) at 16.52% is closer to the peer norm — stronger capital efficiency for AVGO.

AVGO

Semiconductors & Semiconductor Equipment industry group

44.25%

Max: 53.94%
AVGO: 44.25%
Q3: 20.35%
Median: 9.12%
Q1: -3.10%
Min: -21.32%

MRVL

Semiconductors & Semiconductor Equipment industry group

16.52%

Max: 53.94%
Q3: 20.35%
MRVL: 16.52%
Median: 9.12%
Q1: -3.10%
Min: -21.32%

Broadcom (AVGO) vs. Marvell Technology (MRVL): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Broadcom (AVGO) at 42.94% and Marvell Technology (MRVL) at 27.94% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

AVGO

Semiconductors & Semiconductor Equipment industry group

42.94%

Max: 55.91%
AVGO: 42.94%
Q3: 23.05%
Median: 9.86%
Q1: 0.00%
Min: -34.50%

MRVL

Semiconductors & Semiconductor Equipment industry group

27.94%

Max: 55.91%
MRVL: 27.94%
Q3: 23.05%
Median: 9.86%
Q1: 0.00%
Min: -34.50%

Broadcom (AVGO) vs. Marvell Technology (MRVL): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Broadcom (AVGO) at 54.31% operates in the top operating margin quartile, ahead of Marvell Technology (MRVL) at 16.68%, which runs around its industry’s norm.

AVGO

Semiconductors & Semiconductor Equipment industry group

54.31%

AVGO: 54.31%
Max: 54.31%
Q3: 23.49%
Median: 14.56%
Q1: -0.14%
Min: -31.62%

MRVL

Semiconductors & Semiconductor Equipment industry group

16.68%

Max: 54.31%
Q3: 23.49%
MRVL: 16.68%
Median: 14.56%
Q1: -0.14%
Min: -31.62%

Broadcom (AVGO) vs. Marvell Technology (MRVL): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Broadcom (AVGO) and Marvell Technology (MRVL)
Metric	AVGO	MRVL
ROE (TTM)	44.25%	16.52%
ROA (TTM)	15.37%	4.13%
Net Margin (TTM)	42.94%	27.94%
Operating Margin (TTM)	54.31%	16.68%
Gross Margin (TTM)	75.52%	52.22%

Growth

Revenue Growth

Marvell Technology (MRVL) at 42.09% sits in the top revenue growth quartile, while Broadcom (AVGO) at 23.87% is closer to the peer norm — faster top-line expansion for MRVL.

Broadcom (AVGO) vs. Marvell Technology (MRVL): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Broadcom (AVGO) reports EPS growth of 287.80%, ranked against its industry; Marvell Technology (MRVL) has no EPS growth figure this period.

Broadcom (AVGO) vs. Marvell Technology (MRVL): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Broadcom (AVGO) and Marvell Technology (MRVL)
Metric	AVGO	MRVL
Revenue Growth (YoY)	23.87%	42.09%
Revenue Growth (3Y CAGR)	24.38%	11.45%
EPS Growth (YoY)	287.80%	--
EPS Growth (3Y CAGR)	21.60%	--

Financial Strength

Current Ratio (MRQ)

Both Broadcom (AVGO) at 2.50 and Marvell Technology (MRVL) at 3.17 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

AVGO

Semiconductors & Semiconductor Equipment industry group

2.50

Max: 9.75
Q3: 5.29
Median: 3.43
AVGO: 2.50
Q1: 2.30
Min: 1.03

MRVL

Semiconductors & Semiconductor Equipment industry group

3.17

Max: 9.75
Q3: 5.29
Median: 3.43
MRVL: 3.17
Q1: 2.30
Min: 1.03

Broadcom (AVGO) vs. Marvell Technology (MRVL): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Broadcom (AVGO) at 0.60 and Marvell Technology (MRVL) at 0.29 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

AVGO

Semiconductors & Semiconductor Equipment industry group

0.60

Max: 1.44
Q3: 0.65
AVGO: 0.60
Median: 0.18
Q1: 0.04
Min: 0.00

MRVL

Semiconductors & Semiconductor Equipment industry group

0.29

Max: 1.44
Q3: 0.65
MRVL: 0.29
Median: 0.18
Q1: 0.04
Min: 0.00

Broadcom (AVGO) vs. Marvell Technology (MRVL): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Broadcom (AVGO) and Marvell Technology (MRVL)
Metric	AVGO	MRVL
Current Ratio (MRQ)	2.50	3.17
Debt / Equity (MRQ)	0.60	0.29
Net Debt / EBITDA	0.68	0.47

Dividends

Dividend Yield (TTM)

Broadcom (AVGO) at 0.74% delivers top-quartile income for its industry, while Marvell Technology (MRVL) at 0.09% pays a more typical yield — both are credible income propositions, AVGO the richer one.

AVGO

Semiconductors & Semiconductor Equipment industry group

0.74%

AVGO: 0.74%
Max: 0.74%
Q3: 0.35%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

MRVL

Semiconductors & Semiconductor Equipment industry group

0.09%

Max: 0.74%
Q3: 0.35%
MRVL: 0.09%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Broadcom (AVGO) vs. Marvell Technology (MRVL): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Marvell Technology (MRVL) at 7.95% pays out a band-typical share of earnings, while Broadcom (AVGO) at 32.40% distributes more than its industry norm — less retained, thinner cover.

AVGO

Semiconductors & Semiconductor Equipment industry group

32.40%

Max: 45.89%
AVGO: 32.40%
Q3: 18.55%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

MRVL

Semiconductors & Semiconductor Equipment industry group

7.95%

Max: 45.89%
Q3: 18.55%
MRVL: 7.95%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Broadcom (AVGO) vs. Marvell Technology (MRVL): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Broadcom (AVGO) and Marvell Technology (MRVL)
Metric	AVGO	MRVL
Dividend Yield (TTM)	0.74%	0.09%
Dividend Payout Ratio (TTM)	32.40%	7.95%

Valuation

P/E Ratio (TTM)

Both Broadcom (AVGO) at 45.58 and Marvell Technology (MRVL) at 86.45 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

AVGO

Semiconductors & Semiconductor Equipment industry group

45.58

Max: 161.70
Q3: 91.46
Median: 48.02
AVGO: 45.58
Q1: 33.40
Min: 10.82

MRVL

Semiconductors & Semiconductor Equipment industry group

86.45

Max: 161.70
Q3: 91.46
MRVL: 86.45
Median: 48.02
Q1: 33.40
Min: 10.82

Broadcom (AVGO) vs. Marvell Technology (MRVL): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

Both Broadcom (AVGO) at 18.90 and Marvell Technology (MRVL) at 24.91 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

AVGO

Semiconductors & Semiconductor Equipment industry group

18.90

Max: 27.93
AVGO: 18.90
Q3: 17.42
Median: 8.01
Q1: 3.32
Min: 0.01

MRVL

Semiconductors & Semiconductor Equipment industry group

24.91

Max: 27.93
MRVL: 24.91
Q3: 17.42
Median: 8.01
Q1: 3.32
Min: 0.01

Broadcom (AVGO) vs. Marvell Technology (MRVL): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

Marvell Technology (MRVL) at 12.59 is valued about in line with its industry on P/B ratio, while Broadcom (AVGO) at 16.90 carries an above-peer premium to book — AVGO is pricier on assets.

AVGO

Semiconductors & Semiconductor Equipment industry group

16.90

Max: 29.61
AVGO: 16.90
Q3: 14.11
Median: 5.82
Q1: 3.16
Min: 0.18

MRVL

Semiconductors & Semiconductor Equipment industry group

12.59

Max: 29.61
Q3: 14.11
MRVL: 12.59
Median: 5.82
Q1: 3.16
Min: 0.18

Broadcom (AVGO) vs. Marvell Technology (MRVL): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Broadcom (AVGO) and Marvell Technology (MRVL)
Metric	AVGO	MRVL
P/E Ratio (TTM)	45.58	86.45
P/S Ratio (TTM)	18.90	24.91
P/B Ratio (MRQ)	16.90	12.59
Free Cash Flow Yield (TTM)	1.82%	1.02%