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) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Marvell Technology, Inc. (MRVL) trades at a price to free cash flow of 119×. Over the past ten years it has ranged from 0.0× (April 2017) to 168× (June 2026); the current reading is higher than 96% of that period. That is above the Semiconductors industry median of 48.3× and above the Technology sector median of 20.0×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2026 47.7× (32.09%)
FY2025 70.3× 22.99%
FY2024 57.1× 66.63%
FY2023 34.3× (61.89%)
FY2022 90.0× 77.56%
FY2021 50.7× (13.22%)
FY2020 58.4× 194.64%
FY2019 19.8× (8.14%)
FY2018 21.6× —
FY2017 0.0× —

Quarterly newest first

Period Price to free cash flow Change
Jul 2026 97.7× 11.53%
Apr 2026 87.6× 83.56%
Jan 2026 47.7× (4.57%)
Oct 2025 50.0× 12.34%
43 more quarters

Against its own ten years

Low 0.0× High 168×
Ten-year median 42.0×
Current reading's percentile 96

Price to free cash flow against peers

Company Price to free cash flow
ASX ASE Technology Holding Co., Ltd. compare n/m
QCOM QUALCOMM Incorporated compare 17.4×
NXPI NXP Semiconductors N.V. compare 21.8×
ADI Analog Devices, Inc. compare 38.9×
TXN Texas Instruments Incorporated compare 46.8×
MRVL Marvell Technology, Inc. 119×
MPWR Monolithic Power Systems, Inc. compare 155×
ARM ARM Holdings PLC Sponsored ADR compare 165×
INTC Intel Corporation compare 183×
Semiconductors industry median 48.3×
Technology sector median 20.0×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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