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) Return on invested capital

Alert me on Return on invested capital

Marvell Technology, Inc.'s return on invested capital over the twelve months to 31 July 2026 was 4.99%, down 0.1 percentage points from fiscal 2026 (5.12%). Over the past ten years it has ranged from −25.1% (fiscal 2016) to 11.4% (fiscal 2018); the current reading is higher than 83% of that period. That is above the Semiconductors industry median of 2.27% and above the Technology sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2026 5.12% 7.84
FY2025 −2.72% (0.75)
FY2024 −1.97% (2.74)
FY2023 0.77% 1.88
FY2022 −1.11% 0.71
FY2021 −1.82% (0.23)
FY2020 −1.59% (1.91)
FY2019 0.32% (11.05)
FY2018 11.4% 7.97
FY2017 3.40% 28.48

Against its own ten years

Low −25.1% High 11.4%
Ten-year median −0.40%
Current reading's percentile 83

Return on invested capital against peers

Company Return on invested capital
MPWR Monolithic Power Systems, Inc. compare 23.7%
QCOM QUALCOMM Incorporated compare 18.5%
TXN Texas Instruments Incorporated compare 18.1%
NXPI NXP Semiconductors N.V. compare 13.8%
ARM ARM Holdings PLC Sponsored ADR compare 11.6%
ASX ASE Technology Holding Co., Ltd. compare 8.05%
ADI Analog Devices, Inc. compare 7.84%
MRVL Marvell Technology, Inc. 4.99%
INTC Intel Corporation compare −0.04%
Semiconductors industry median 2.27%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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