Marvell Technology, Inc.

MRVL Technology Semiconductors

Marvell Technology, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $8.2 billion, up 42.1% from fiscal 2025. In the quarter to July 2026, revenue grew 36.6%, EPS grew 47.8%, free cash flow grew 14.5% and total debt rose 11.1%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years, operating cash flow growth for five.

227.83 13.41 −5.56%
Market cap
$211.5B
P/E
74.2×
Fwd P/E
143×
Dividend yield
0.11%
F-score
8/9
Altman Z
5.93
Beneish M
−1.59
Dividend safety
82/100

Marvell Technology, Inc. (MRVL) Debt to equity

Alert me on Debt to equity

Marvell Technology, Inc.'s debt to equity at the end of the quarter to 31 July 2026 was 0.3×, down 0.0× from fiscal 2026 (0.3×). Over the past ten years it has ranged from 0.0× (fiscal 2016) to 0.3× (fiscal 2026) — the current reading is the highest in ten years. That is above the Semiconductors industry median of 0.0× and above the Technology sector median of 0.1×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2026 0.3× 3.20%
FY2025 0.3× 7.76%
FY2024 0.3× (2.23%)
FY2023 0.3× (0.79%)
FY2022 0.3× 104.81%
FY2021 0.1× (20.25%)
FY2020 0.2× (27.25%)
FY2019 0.2× 1,524.67%
FY2018 0.0× 63.04%
FY2017 0.0× —

Quarterly newest first

Period Debt to equity Change
Jul 2026 0.3× (1.69%)
Apr 2026 0.3× (12.80%)
Jan 2026 0.3× (1.73%)
Oct 2025 0.3× (4.48%)
43 more quarters

Against its own ten years

Low 0.0× High 0.3×
Ten-year median 0.2×
Current reading's percentile 100

Debt to equity against peers

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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