AppLovin Corporation (APP) vs Marvell Technology, Inc. (MRVL)
APP leads on 14 of 16 compared metrics.
A side-by-side comparison of AppLovin Corporation and Marvell Technology, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
APP
AppLovin Corporation
$424.60TechnologyDelayed quote: Jul 20, 2026, 4:00 PM EDT
MRVL
Marvell Technology, Inc.
$194.94TechnologyDelayed quote: Jul 20, 2026, 4:00 PM EDT
Total return — APP vs MRVL
growth of $100 · dividends reinvested · last 5yAPP +551.2%MRVL +300.4%APP compounded faster
APP MRVL
APP vs MRVL: by the numbers
- •MRVL is the larger company ($170.72B vs $142.64B market cap).
- •APP trades at the lower earnings multiple (36.48 vs 67.02 P/E).
- •APP converts more revenue to profit (64.29% vs 28.99% net margin).
- •APP grew revenue faster over the past five years (27.99% vs 22.90% CAGR).
- •MRVL pays a dividend (0.12% yield) while APP does not currently pay one.
Which is better, APP or MRVL?
Metric tally: APP 14 · MRVL 2It depends on what you're optimizing for:
ValueAPP(lower P/E)
GrowthAPP(faster 5Y revenue CAGR)
QualityAPP(higher ROIC)
Metrics side by side
Valuation
| Metric | APP | MRVL |
|---|---|---|
| P/E ratio | 36.48● | 67.02 |
| Forward P/E | 26.37● | 68.53 |
| P/S ratio | 23.33 | 19.98● |
| P/B ratio | 60.85 | 9.56● |
| PEG ratio | 0.62● | 14.89 |
| EV / EBITDA | 29.50● | 65.19 |
| FCF yield | 3.06%● | 0.96% |
Profitability
| Metric | APP | MRVL |
|---|---|---|
| Gross margin | 88.37%● | 50.64% |
| Operating margin | 77.09%● | 16.20% |
| Net margin | 64.29%● | 28.99% |
| ROE | 167.67%● | 13.87% |
| ROIC | 60.71%● | 5.98% |
Dividends
| Metric | APP | MRVL |
|---|---|---|
| Dividend yield | — | 0.12% |
| Payout ratio | — | 7.74% |
Growth (annualized)
| Metric | APP | MRVL |
|---|---|---|
| Revenue CAGR (5Y) | 27.99%● | 22.90% |
| EPS CAGR (5Y) | 73.54%● | 4.50% |
| FCF CAGR (5Y) | 79.57%● | 26.05% |
| Total return CAGR (5Y) | 47.49%● | 28.56% |
Frequently asked
- Which is better, APP or MRVL?
- It depends on your goal. value: APP (lower P/E); growth: APP (faster 5Y revenue CAGR); quality: APP (higher ROIC). Across all compared metrics, APP leads 14 to 2.
- Is APP or MRVL cheaper?
- On trailing earnings, APP is cheaper: APP trades at a 36.48 P/E and MRVL at 67.02.
- Which has grown faster, APP or MRVL?
- Over the past five years, APP grew revenue faster — APP at a 27.99% CAGR versus MRVL at 22.90%.
- Does APP or MRVL pay a bigger dividend?
- MRVL pays a dividend (0.12% yield) while APP does not currently pay one.
- Is APP or MRVL more profitable?
- APP runs the higher net margin — APP at 64.29% versus MRVL at 28.99%.
- Which has been the better investment, APP or MRVL?
- Over the past 5-year, APP delivered the higher annualized total return — APP at 47.49% versus MRVL at 34.00%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
AppLovin P/E ratioMarvell Technology P/E ratioAppLovin dividend yieldMarvell Technology dividend yieldAppLovin ROEMarvell Technology ROEAppLovin operating marginMarvell Technology operating marginAppLovin revenue growthMarvell Technology revenue growthAppLovin free cash flowMarvell Technology free cash flow
AppLovin & Marvell Technology appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 20, 2026.