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.

223.34 21.42 −8.75%
Market cap
$196.0B
P/E
72.7×
Fwd P/E
127×
Dividend yield
0.11%
F-score
8/9
Altman Z
5.93
Beneish M
−1.59
Dividend safety
82/100

Marvell Technology, Inc. (MRVL) EV/FCF

Alert me on EV/FCF

As of 22 October 2026, Marvell Technology, Inc. (MRVL) trades at a EV/FCF of 117×. Over the past ten years it has ranged from −16.2× (March 2017) to 170× (December 2021); the current reading is higher than 95% of that period.

EV/FCF, daily

Embed this chart

Annual newest first

Period EV/FCF Change
FY2026 49.0× (32.41%)
FY2025 72.5× 20.28%
FY2024 60.3× 60.21%
FY2023 37.6× (60.88%)
FY2022 96.2× 87.48%
FY2021 51.3× (16.77%)
FY2020 61.6× 181.52%
FY2019 21.9× 20.62%
FY2018 18.2× —
FY2017 −14.3× —

Quarterly newest first

Period EV/FCF Change
Jul 2026 98.6× 11.31%
Apr 2026 88.6× 80.71%
Jan 2026 49.0× (4.09%)
Oct 2025 51.1× 9.67%
43 more quarters

Against its own ten years

Low −16.2× High 170×
Ten-year median 44.3×
Current reading's percentile 94

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

More on MRVL