MRVL vs. MU: Marvell Technology vs. Micron Technology Stock Comparison

September 27, 2026

How do Marvell Technology (MRVL) and Micron Technology (MU) 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

Marvell Technology (MRVL) and Micron Technology (MU) 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 Marvell Technology (MRVL) and Micron Technology (MU)
Profile Item	MRVL	MU
Name	Marvell Technology Inc.	Micron 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	235.40 billion USD	1,222.32 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	June 30, 2000	June 1, 1984
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

MRVL

GSPC

Marvell Technology (MRVL) vs. Micron Technology (MU), 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 Marvell Technology (MRVL) and Micron Technology (MU). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Marvell Technology (MRVL) and Micron Technology (MU)
Metric	MRVL	MU
Total Return (1Y)	213.21%	591.21%
Total Return (3Y, Annualized)	71.26%	151.76%
Total Return (5Y, Annualized)	33.21%	71.85%

Risk Profile

Drawdown History

MRVL

GSPC

Marvell Technology (MRVL) vs. Micron Technology (MU), 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 Marvell Technology (MRVL) and Micron Technology (MU). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Marvell Technology (MRVL) and Micron Technology (MU)
Metric	MRVL	MU
Volatility (1Y, Annualized)	79.22%	81.52%
Beta (5Y)	2.29	2.24
Max Drawdown (5Y)	-61.88%	-57.63%
Avg. Volume (3M)	24.11M	36.95M

Risk-Adjusted Performance

Risk-Return Positioning

MRVL and MU 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 Marvell Technology (MRVL) and Micron Technology (MU)
Metric	MRVL	MU
Sharpe Ratio (1Y)	2.63	7.20
Sortino Ratio (1Y)	4.45	12.24

Profitability

ROE (TTM)

Micron Technology (MU) at 66.64% clears its industry range for ROE, a sharper capital-efficiency signal than Marvell Technology (MRVL) at 16.52%, which is closer to a typical peer reading.

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%

MU

Semiconductors & Semiconductor Equipment industry group

66.64%

MU: 66.64%
Max: 53.94%
Q3: 20.35%
Median: 9.12%
Q1: -3.10%
Min: -21.32%

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

Net Margin (TTM)

For every dollar of sales, both Marvell Technology (MRVL) at 27.94% and Micron Technology (MU) at 55.91% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

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%

MU

Semiconductors & Semiconductor Equipment industry group

55.91%

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

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

Operating Margin (TTM)

Micron Technology (MU) at 80.37% turns sales into operating profit above its industry’s benchmark range, while Marvell Technology (MRVL) at 16.68% operates around its industry’s norm.

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%

MU

Semiconductors & Semiconductor Equipment industry group

80.37%

MU: 80.37%
Max: 54.31%
Q3: 23.49%
Median: 14.56%
Q1: -0.14%
Min: -31.62%

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

Profitability Metrics

Profitability metrics for Marvell Technology (MRVL) and Micron Technology (MU)
Metric	MRVL	MU
ROE (TTM)	16.52%	66.64%
ROA (TTM)	4.13%	34.87%
Net Margin (TTM)	27.94%	55.91%
Operating Margin (TTM)	16.68%	80.37%
Gross Margin (TTM)	52.22%	72.57%

Growth

Revenue Growth

Both Marvell Technology (MRVL) at 42.09% and Micron Technology (MU) at 48.85% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

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

EPS Growth

Only one side can be read here: Micron Technology (MU) reports EPS growth of 984.29%, ranked against its industry; Marvell Technology (MRVL) has no EPS growth figure this period.

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

Growth Metrics

Growth metrics for Marvell Technology (MRVL) and Micron Technology (MU)
Metric	MRVL	MU
Revenue Growth (YoY)	42.09%	48.85%
Revenue Growth (3Y CAGR)	11.45%	6.71%
EPS Growth (YoY)	--	984.29%
EPS Growth (3Y CAGR)	--	-0.69%

Financial Strength

Current Ratio (MRQ)

Both Marvell Technology (MRVL) at 3.17 and Micron Technology (MU) at 3.43 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

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

MU

Semiconductors & Semiconductor Equipment industry group

3.43

Max: 9.75
Q3: 5.29
Median: 3.43
MU: 3.43
Q1: 2.30
Min: 1.03

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

Debt / Equity (MRQ)

Both Marvell Technology (MRVL) at 0.29 and Micron Technology (MU) at 0.06 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

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

MU

Semiconductors & Semiconductor Equipment industry group

0.06

Max: 1.44
Q3: 0.65
Median: 0.18
MU: 0.06
Q1: 0.04
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for Marvell Technology (MRVL) and Micron Technology (MU)
Metric	MRVL	MU
Current Ratio (MRQ)	3.17	3.43
Debt / Equity (MRQ)	0.29	0.06
Net Debt / EBITDA	0.47	-0.29

Dividends

Dividend Yield (TTM)

Both Marvell Technology (MRVL) at 0.09% and Micron Technology (MU) at 0.05% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

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%

MU

Semiconductors & Semiconductor Equipment industry group

0.05%

Max: 0.74%
Q3: 0.35%
MU: 0.05%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Both Marvell Technology (MRVL) at 7.95% and Micron Technology (MU) at 1.12% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

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%

MU

Semiconductors & Semiconductor Equipment industry group

1.12%

Max: 45.89%
Q3: 18.55%
MU: 1.12%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Marvell Technology (MRVL) and Micron Technology (MU)
Metric	MRVL	MU
Dividend Yield (TTM)	0.09%	0.05%
Dividend Payout Ratio (TTM)	7.95%	1.12%

Valuation

P/E Ratio (TTM)

Micron Technology (MU) at 24.49 sits in the cheaper P/E ratio quartile, while Marvell Technology (MRVL) at 86.45 is closer to its industry’s usual earnings multiple — a discount for MU, though growth and earnings durability still matter.

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

MU

Semiconductors & Semiconductor Equipment industry group

24.49

Max: 161.70
Q3: 91.46
Median: 48.02
Q1: 33.40
MU: 24.49
Min: 10.82

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

P/S Ratio (TTM)

Micron Technology (MU) at 13.54 is priced about in line with its industry on P/S ratio, while Marvell Technology (MRVL) at 24.91 sits in the pricier quartile — MRVL costs more per dollar of sales.

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

MU

Semiconductors & Semiconductor Equipment industry group

13.54

Max: 27.93
Q3: 17.42
MU: 13.54
Median: 8.01
Q1: 3.32
Min: 0.01

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

P/B Ratio (MRQ)

On P/B ratio, both Marvell Technology (MRVL) at 12.59 and Micron Technology (MU) at 12.13 are valued close to their industries’ norm against book — neither stands out from peers.

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

MU

Semiconductors & Semiconductor Equipment industry group

12.13

Max: 29.61
Q3: 14.11
MU: 12.13
Median: 5.82
Q1: 3.16
Min: 0.18

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

Valuation Metrics

Valuation metrics for Marvell Technology (MRVL) and Micron Technology (MU)
Metric	MRVL	MU
P/E Ratio (TTM)	86.45	24.49
P/S Ratio (TTM)	24.91	13.54
P/B Ratio (MRQ)	12.59	12.13
Free Cash Flow Yield (TTM)	1.02%	0.63%