MRVL vs. WDC: Marvell vs. Western Digital Stock Comparison

November 11, 2026

How do Marvell (MRVL) and Western Digital (WDC) 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 (MRVL) and Western Digital (WDC) share the Information Technology sector but sit in different industry groups — MRVL in Semiconductors & Semiconductor Equipment and WDC in Technology Hardware & Equipment.

Company profile comparison for Marvell (MRVL) and Western Digital (WDC)
Profile Item	MRVL	WDC
Name	Marvell Technology Inc.	Western Digital Corp.
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Semiconductors & Semiconductor Equipment	Technology Hardware & Equipment
GICS Industry	Semiconductors & Semiconductor Equipment	Technology Hardware, Storage & Peripherals
GICS Sub-Industry	Semiconductors	Technology Hardware, Storage & Peripherals
Market Capitalization	127.05 billion USD	98.74 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	June 30, 2000	October 31, 1978
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

MRVL

WDC

GSPC

Marvell (MRVL) vs. Western Digital (WDC), 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 (MRVL) and Western Digital (WDC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Marvell (MRVL) and Western Digital (WDC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Marvell (MRVL) and Western Digital (WDC)
Metric	MRVL	WDC
Total Return (1Y)	70.03%	78.89%
Total Return (3Y, Annualized)	43.66%	106.11%
Total Return (5Y, Annualized)	16.59%	47.06%

Risk Profile

Drawdown History

MRVL

WDC

GSPC

Marvell (MRVL) vs. Western Digital (WDC), 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 (MRVL) and Western Digital (WDC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Marvell (MRVL) and Western Digital (WDC)
Metric	MRVL	WDC
Volatility (1Y, Annualized)	85.27%	83.20%
Beta (5Y)	2.38	2.35
Max Drawdown (5Y)	-61.88%	-64.64%
Avg. Volume (3M)	23.80M	8.01M

Risk-Adjusted Performance

Risk-Return Positioning

MRVL and WDC are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Marvell (MRVL) and Western Digital (WDC)
Metric	MRVL	WDC
Sharpe Ratio (1Y)	0.77	0.90
Sortino Ratio (1Y)	1.18	1.32

Profitability

ROE (TTM)

Western Digital (WDC) at 129.60% clears its industry range for ROE, a sharper capital-efficiency signal than Marvell (MRVL) at 16.52%, which is closer to a typical peer reading.

MRVL

Semiconductors & Semiconductor Equipment industry group

16.52%

Max: 52.82%
Q3: 22.26%
MRVL: 16.52%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

WDC

Technology Hardware & Equipment industry group

129.60%

WDC: 129.60%
Max: 42.47%
Q3: 19.13%
Median: 11.00%
Q1: 1.63%
Min: -20.62%

Marvell (MRVL) vs. Western Digital (WDC): A comparison of their ROE against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Net Margin (TTM)

Western Digital (WDC) at 69.20% converts revenue to bottom-line profit above its industry’s benchmark range, while Marvell (MRVL) at 27.94% keeps roughly the typical share for its industry.

MRVL

Semiconductors & Semiconductor Equipment industry group

27.94%

Max: 63.80%
Q3: 28.36%
MRVL: 27.94%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

WDC

Technology Hardware & Equipment industry group

69.20%

WDC: 69.20%
Max: 27.60%
Q3: 11.66%
Median: 4.08%
Q1: 0.00%
Min: -11.02%

Marvell (MRVL) vs. Western Digital (WDC): A comparison of their net margin against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Operating Margin (TTM)

Western Digital (WDC) at 47.68% turns sales into operating profit above its industry’s benchmark range, while Marvell (MRVL) at 16.68% operates around its industry’s norm.

MRVL

Semiconductors & Semiconductor Equipment industry group

16.68%

Max: 58.66%
Q3: 30.23%
MRVL: 16.68%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

WDC

Technology Hardware & Equipment industry group

47.68%

WDC: 47.68%
Max: 36.27%
Q3: 18.36%
Median: 8.84%
Q1: 1.46%
Min: -21.39%

Marvell (MRVL) vs. Western Digital (WDC): A comparison of their operating margin against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Profitability Metrics

Profitability metrics for Marvell (MRVL) and Western Digital (WDC)
Metric	MRVL	WDC
ROE (TTM)	16.52%	129.60%
ROA (TTM)	4.13%	25.88%
Net Margin (TTM)	27.94%	69.20%
Operating Margin (TTM)	16.68%	47.68%
Gross Margin (TTM)	52.22%	52.60%

Growth

Revenue Growth

Both Marvell (MRVL) at 42.09% and Western Digital (WDC) at 35.70% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

Marvell (MRVL) vs. Western Digital (WDC): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Western Digital (WDC) reports EPS growth of 372.38%, ranked against its industry; Marvell (MRVL) has no EPS growth figure this period.

Marvell (MRVL) vs. Western Digital (WDC): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Marvell (MRVL) and Western Digital (WDC)
Metric	MRVL	WDC
Revenue Growth (YoY)	42.09%	35.70%
Revenue Growth (3Y CAGR)	11.45%	27.35%
EPS Growth (YoY)	--	372.38%
EPS Growth (3Y CAGR)	--	--

Financial Strength

Current Ratio (MRQ)

Both Marvell (MRVL) at 3.17 and Western Digital (WDC) at 1.43 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: 10.33
Q3: 5.62
Median: 3.33
MRVL: 3.17
Q1: 2.35
Min: 1.03

WDC

Technology Hardware & Equipment industry group

1.43

Max: 5.34
Q3: 3.02
Median: 1.95
WDC: 1.43
Q1: 1.32
Min: 0.17

Marvell (MRVL) vs. Western Digital (WDC): A comparison of their current ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Debt / Equity (MRQ)

Both Marvell (MRVL) at 0.29 and Western Digital (WDC) at 0.10 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

MRVL

Semiconductors & Semiconductor Equipment industry group

0.29

Max: 1.46
Q3: 0.65
MRVL: 0.29
Median: 0.27
Q1: 0.04
Min: 0.00

WDC

Technology Hardware & Equipment industry group

0.10

Max: 1.76
Q3: 0.78
Median: 0.24
WDC: 0.10
Q1: 0.04
Min: 0.01

Marvell (MRVL) vs. Western Digital (WDC): A comparison of their debt-to-equity ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for Marvell (MRVL) and Western Digital (WDC)
Metric	MRVL	WDC
Current Ratio (MRQ)	3.17	1.43
Debt / Equity (MRQ)	0.29	0.10
Net Debt / EBITDA	0.47	-0.06

Dividends

Dividend Yield (TTM)

Both Marvell (MRVL) at 0.18% and Western Digital (WDC) at 0.21% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

MRVL

Semiconductors & Semiconductor Equipment industry group

0.18%

Max: 1.37%
Q3: 0.65%
MRVL: 0.18%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

WDC

Technology Hardware & Equipment industry group

0.21%

Max: 0.73%
Q3: 0.31%
WDC: 0.21%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Marvell (MRVL) vs. Western Digital (WDC): A comparison of their dividend yield against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Dividend Payout Ratio (TTM)

Both Marvell (MRVL) at 7.89% and Western Digital (WDC) at 1.93% 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

7.89%

Max: 49.64%
Q3: 21.71%
MRVL: 7.89%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

WDC

Technology Hardware & Equipment industry group

1.93%

Max: 32.27%
Q3: 14.48%
WDC: 1.93%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Marvell (MRVL) vs. Western Digital (WDC): A comparison of their payout ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Dividend Metrics

Dividend metrics for Marvell (MRVL) and Western Digital (WDC)
Metric	MRVL	WDC
Dividend Yield (TTM)	0.18%	0.21%
Dividend Payout Ratio (TTM)	7.89%	1.93%

Valuation

P/E Ratio (TTM)

Western Digital (WDC) at 9.28 sits in the cheaper P/E ratio quartile, while Marvell (MRVL) at 46.45 is closer to its industry’s usual earnings multiple — a discount for WDC, though growth and earnings durability still matter.

MRVL

Semiconductors & Semiconductor Equipment industry group

46.45

Max: 110.34
Q3: 66.81
MRVL: 46.45
Median: 37.02
Q1: 23.96
Min: 8.12

WDC

Technology Hardware & Equipment industry group

9.28

Max: 69.48
Q3: 41.02
Median: 26.39
Q1: 19.36
WDC: 9.28
Min: 6.07

Marvell (MRVL) vs. Western Digital (WDC): A comparison of their P/E ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

P/S Ratio (TTM)

Both Marvell (MRVL) at 13.44 and Western Digital (WDC) at 6.82 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

MRVL

Semiconductors & Semiconductor Equipment industry group

13.44

Max: 21.42
MRVL: 13.44
Q3: 12.27
Median: 5.76
Q1: 2.73
Min: 0.00

WDC

Technology Hardware & Equipment industry group

6.82

Max: 11.30
WDC: 6.82
Q3: 5.82
Median: 2.56
Q1: 1.05
Min: 0.00

Marvell (MRVL) vs. Western Digital (WDC): A comparison of their P/S ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

P/B Ratio (MRQ)

Marvell (MRVL) at 6.68 is valued about in line with its industry on P/B ratio, while Western Digital (WDC) at 10.55 carries an above-peer premium to book — WDC is pricier on assets.

MRVL

Semiconductors & Semiconductor Equipment industry group

6.68

Max: 14.06
Q3: 7.44
MRVL: 6.68
Median: 4.29
Q1: 2.30
Min: 0.20

WDC

Technology Hardware & Equipment industry group

10.55

Max: 10.75
WDC: 10.55
Q3: 5.52
Median: 3.17
Q1: 1.79
Min: 0.33

Marvell (MRVL) vs. Western Digital (WDC): A comparison of their P/B ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Valuation Metrics

Valuation metrics for Marvell (MRVL) and Western Digital (WDC)
Metric	MRVL	WDC
P/E Ratio (TTM)	46.45	9.28
P/S Ratio (TTM)	13.44	6.82
P/B Ratio (MRQ)	6.68	10.55
Free Cash Flow Yield (TTM)	1.90%	2.76%