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Marvell Technology, Inc.

MRVL NASDAQ Categories PDF
Technology · Semiconductors · United States · Updated May 11, 12:49pm
$171.16
Price
$149.7B
Market Cap
7,042
Employees
2.25
Beta
Matthew J. Murphy
CEO
Business Description

Marvell Technology, Inc., together with its subsidiaries, designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; ASIC; and printer System-on-a-Chip products and application processors. The company also provides a range of storage products comprising storage controllers for hard disk drives (HDD) and solid-state drives that support various host system interfaces consisting of serial attached SCSI (SAS), serial advanced technology attachment (SATA), peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics; and fiber channel products, including host bus adapters, and controllers for server and storage system connectivity. It has operations in the United States, China, Malaysia, the Philippines, Thailand, Singapore, India, Israel, Japan, South Korea, Taiwan, and Vietnam. Marvell Technology, Inc. was incorporated in 1995 and is headquartered in Wilmington, Delaware.

Business History
Price Overview
Last updated: May 11, 2026 12:49pm (just now)
$171.06
+0.93 (+0.55%)
Day Range
$162.49 – $174.16
52-Week Range
$58.61 – $175.80
50-Day MA
$118.61
200-Day MA
$90.78
Volume
13,384,329.86
Analyst Price Targets
Low $85.00
Consensus $133.10
High $195.00
(134 analysts)
Share Structure
Outstanding 874,458,000.00
Float 870,077,839.00
Free Float 99.5%
High free float — 99.5% of shares trade freely, ~0.5% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
API
Stock Price / EPS (Diluted)
54.33
Stock Price: $171.16
EPS (Diluted): 3.10
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
4.75
Stock Price: $171.16
Total Equity: $14.31B
Shares: 869,700,000
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
33.41
Market Cap: $149.67B
Total Debt: $4.47B
Cash: $2.64B
EBITDA: $2.63B
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$69.8B
Market Cap: $149.67B
Total Debt: $4.47B
Cash: $2.64B
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
51.0%
Gross Profit: $4.18B
Revenue: $8.19B
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
16.3%
Operating Income: $1.34B
Revenue: $8.19B
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
32.6%
Net Income: $2.67B
Revenue: $8.19B
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
19.4%
Net Income: $2.67B
Total Equity: $14.31B
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
6.0%
Operating Income: $1.34B
Tax Rate: 12.4%
Equity: $14.31B
Total Debt: $4.47B
Cash: $2.64B
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
2.01
Current Assets: $6.46B
Current Liabilities: $3.22B
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.31
Short-Term Debt: $499.80M
Long-Term Debt: $3.97B
Total Debt: $4.47B
Total Equity: $14.31B
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$9.42
Revenue: $8.19B
Shares: 869,700,000
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$16.45
Total Equity: $14.31B
Shares: 869,700,000
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$1.61
Operating CF: $1.75B
CapEx: -$354.10M
Shares: 869,700,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.3%
Last Dividend: N/A
Stock Price: $171.16
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $2.67B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares MRVL against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Metric 2022 2023 2024 2025 2026
Revenue $4.5B $5.9B $5.5B $5.8B $8.2B
Cost of Revenue $2.4B $2.9B $3.2B $3.4B $4.0B
Gross Profit $2.1B $3.0B $2.3B $2.4B $4.2B
Operating Expenses $2.4B $2.7B $2.9B $3.1B $2.9B
Operating Income -$347.7M $238.0M -$567.7M -$720.3M $1.3B
Net Income -$421.0M -$163.5M -$933.4M -$885.0M $2.7B
EBITDA $901.1M $1.6B $850.7M $651.6M $2.6B
EPS $-0.53 $-0.19 $-1.08 $-1.02 $3.10
EPS (Diluted) — — — — —
Balance Sheet (Annual)
Metric 2022 2023 2024 2025 2026
Cash & Equivalents $613.5M $911.0M $950.8M $948.3M $2.6B
Total Current Assets $2.5B $3.3B $3.1B $3.1B $6.5B
Total Assets $22.1B $22.5B $21.2B $20.2B $22.3B
Current Liabilities $1.4B $2.4B $1.8B $2.0B $3.2B
Long-Term Debt $4.5B $3.9B $4.1B $3.9B $4.0B
Total Liabilities $6.4B $6.9B $6.4B $6.8B $8.0B
Total Equity $15.7B $15.6B $14.8B $13.4B $14.3B
Retained Earnings $1.5B $1.1B -$16.7M -$1.1B $1.4B
Cash Flow (Annual)
Metric 2022 2023 2024 2025 2026
Operating Cash Flow $819.3M $1.3B $1.4B $1.7B $1.8B
Capital Expenditure -$186.9M -$217.3M -$350.2M -$291.6M -$354.1M
Free Cash Flow $632.4M $1.1B $1.0B $1.4B $1.4B
Acquisitions (net) -$3.6B -$112.3M $0 -$10.4M $0
Debt Repayment — — — — —
Dividends Paid — — — — —
Stock Buybacks $0 -$115.0M -$150.0M -$725.0M -$2.0B
Net Change in Cash -$135.0M $297.5M $39.8M -$2.5M $1.7B
Analyst Estimates (Annual)
Metric 2028 2029 2030 2031
Revenue $14.9B
$13.1B – $15.7B
 $19.2B
$19.2B – $19.2B
 $20.9B
$18.0B – $22.0B
 $21.9B
$18.8B – $23.0B
EBITDA $3.2B
$2.8B – $3.4B
 $4.1B
$4.1B – $4.1B
 $4.5B
$3.8B – $4.7B
 $4.7B
$4.0B – $4.9B
Net Income $4.5B
$4.1B – $5.0B
 $4.8B
$4.0B – $7.6B
 $7.8B
$6.3B – $8.3B
 $8.2B
$6.7B – $8.7B
EPS — — — —
Growth Trends (YoY %)
Metric 2023 2024 2025 2026
Revenue Growth +32.7% -7.0% +4.7% +42.1%
Gross Profit Growth +44.7% -23.2% +3.9% +75.5%
Operating Income Growth +168.4% -338.5% -26.9% +285.8%
Net Income Growth +61.2% -470.9% +5.2% +401.7%
EBITDA Growth +82.9% -48.4% -23.4% +303.5%
Insider Trading (Recent)
Date Insider Type Shares Price Value
2026-05-01 Koopmans Chris S-Sale 10,000.00 $162.76 $1.6M
2026-04-17 Casper Mark S-Sale 10,000.00 $135.50 $1.4M
2026-04-15 Casper Mark M-Exempt 77,887.00 $0.00 $0
2026-04-15 Casper Mark F-InKind 38,617.00 $134.60 $5.2M
2026-04-15 Casper Mark A-Award 14,280.00 $0.00 $0
2026-04-15 Casper Mark M-Exempt 1,529.00 $0.00 $0
2026-04-15 Casper Mark M-Exempt 1,529.00 $0.00 $0
2026-04-15 Casper Mark F-InKind 759.00 $134.60 $102,161
2026-04-15 Casper Mark M-Exempt 1,394.00 $0.00 $0
2026-04-15 Casper Mark M-Exempt 2,208.00 $0.00 $0
2026-04-15 Casper Mark F-InKind 692.00 $134.60 $93,143
2026-04-15 Casper Mark M-Exempt 1,394.00 $0.00 $0
2026-04-15 Casper Mark F-InKind 1,095.00 $134.60 $147,387
2026-04-15 Casper Mark M-Exempt 77,887.00 $0.00 $0
2026-04-15 Casper Mark M-Exempt 2,208.00 $0.00 $0
2026-04-15 MURPHY MATTHEW J M-Exempt 605,780.00 $0.00 $0
2026-04-15 MURPHY MATTHEW J F-InKind 318,944.00 $134.60 $42.9M
2026-04-15 MURPHY MATTHEW J M-Exempt 306,128.00 $0.00 $0
2026-04-15 MURPHY MATTHEW J F-InKind 161,179.00 $134.60 $21.7M
2026-04-15 MURPHY MATTHEW J M-Exempt 306,128.00 $0.00 $0
Dividend History (Last 20)
Date Dividend Declaration Record Payment
2026-04-10 $0.06 2026-03-18 2026-04-10 2026-04-30
2026-01-09 $0.06 2025-12-11 2026-01-09 2026-01-29
2025-10-10 $0.06 2025-09-18 2025-10-10 2025-10-30
2025-07-11 $0.06 2025-06-13 2025-07-11 2025-07-31
2025-04-11 $0.06 2025-03-21 2025-04-11 2025-05-01
2025-01-10 $0.06 2024-12-13 2025-01-10 2025-01-30
2024-10-11 $0.06 2024-09-12 2024-10-11 2024-10-31
2024-07-12 $0.06 2024-06-21 2024-07-12 2024-07-31
2024-04-11 $0.06 2024-03-15 2024-04-12 2024-05-01
2024-01-04 $0.06 2023-12-08 2024-01-05 2024-01-31
2023-10-05 $0.06 2023-09-15 2023-10-06 2023-10-25
2023-07-06 $0.06 2023-06-16 2023-07-07 2023-07-26
2023-04-05 $0.06 2023-03-15 2023-04-07 2023-04-26
2023-01-05 $0.06 2022-12-13 2023-01-06 2023-01-25
2022-10-06 $0.06 2022-09-23 2022-10-07 2022-10-26
2022-07-07 $0.06 2022-06-02 2022-07-08 2022-07-27
2022-04-07 $0.06 2022-03-02 2022-04-08 2022-04-27
2022-01-06 $0.06 2021-12-17 2022-01-07 2022-01-26
2021-10-07 $0.06 2021-09-23 2021-10-11 2021-10-27
2021-07-08 $0.06 2021-06-03 2021-07-09 2021-07-28
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My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.193 · 1946f027 · 2026-05-08 18:57:27