Dell Technologies Inc. (DELL) vs Marvell Technology, Inc. (MRVL)

DELL leads on 10 of 16 compared metrics.

A side-by-side comparison of Dell Technologies Inc. and Marvell Technology, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 28, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — DELL vs MRVL

growth of $100 · last 10y
DELL +3209.8%MRVL +2197.8%DELL compounded faster
01k2k3k4kStart $10020182020202220242026$3,310$2,298
DELL MRVL

DELL vs MRVL: by the numbers

  • DELL is the larger company ($265.36B vs $233.37B market cap).
  • DELL trades at the lower earnings multiple (31.73 vs 91.72 P/E).
  • MRVL converts more revenue to profit (28.99% vs 6.28% net margin).
  • MRVL grew revenue faster over the past five years (22.90% vs 7.14% CAGR).
  • DELL pays the higher dividend yield (0.63% vs 0.09%).

Which is better, DELL or MRVL?

Metric tally: DELL 10 · MRVL 6

It depends on what you're optimizing for:

ValueDELL(lower P/E)
GrowthMRVL(faster 5Y revenue CAGR)
IncomeDELL(higher dividend yield)
QualityDELL(higher ROIC)

Metrics side by side

Valuation

MetricDELLMRVL
P/E ratio31.7391.72
Forward P/E21.6843.17
P/S ratio1.9627.34
P/B ratio13.08
PEG ratio0.3420.38
EV / EBITDA21.4989.02
FCF yield3.60%0.70%

Profitability

MetricDELLMRVL
Gross margin19.16%50.64%
Operating margin7.98%16.20%
Net margin6.28%28.99%
ROE-240.32%13.87%
ROIC15.00%5.98%

Dividends

MetricDELLMRVL
Dividend yield0.63%0.09%
Payout ratio28.13%7.74%

Growth (annualized)

MetricDELLMRVL
Revenue CAGR (5Y)7.14%22.90%
EPS CAGR (5Y)15.44%4.50%
FCF CAGR (5Y)-5.14%26.05%
Total return CAGR (5Y)54.14%37.01%

Frequently asked

Which is better, DELL or MRVL?
It depends on your goal. value: DELL (lower P/E); growth: MRVL (faster 5Y revenue CAGR); income: DELL (higher dividend yield); quality: DELL (higher ROIC). Across all compared metrics, DELL leads 10 to 6.
Is DELL or MRVL cheaper?
On trailing earnings, DELL is cheaper: DELL trades at a 31.73 P/E and MRVL at 91.72.
Which has grown faster, DELL or MRVL?
Over the past five years, MRVL grew revenue faster — DELL at a 7.14% CAGR versus MRVL at 22.90%.
Does DELL or MRVL pay a bigger dividend?
DELL yields 0.63% and MRVL yields 0.09% based on trailing dividends and the latest price.
Is DELL or MRVL more profitable?
MRVL runs the higher net margin — DELL at 6.28% versus MRVL at 28.99%.
Which has been the better investment, DELL or MRVL?
Over the past 5-year, DELL delivered the higher annualized total return — DELL at 54.14% versus MRVL at 40.18%. Past performance doesn't predict future results.

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 June 28, 2026.