International Business Machines Corporation (IBM) vs Marvell Technology, Inc. (MRVL)

A side-by-side comparison of International Business Machines Corporation and Marvell Technology, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

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Total return — IBM vs MRVL

growth of $100 · dividends reinvested · last 10y
IBM +126.4% (+8.5%/yr)MRVL +2078.7% (+36.1%/yr)MRVL compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $10020182020202220242026$226$2,179
IBM MRVL

IBM vs MRVL: by the numbers

  • •MRVL is the larger company ($234.78B vs $212.56B market cap).
  • •IBM trades at the lower trailing earnings multiple (19.97 vs 88.81 P/E), one valuation lens rather than an overall verdict.
  • •MRVL converts more revenue to profit (27.93% vs 15.52% net margin).
  • •MRVL grew revenue faster over the past five years (22.27% vs 1.13% CAGR).
  • •IBM pays the higher dividend yield (2.99% vs 0.09%).

Metrics side by side

Valuation

MetricIBMMRVL
P/E ratio19.9788.81
Forward P/E18.3363.72
PEG ratio1.61N/A
P/S ratio3.0824.84
P/B ratio6.1712.67
EV / EBITDA15.4383.14
FCF yield6.41%0.74%

Profitability

MetricIBMMRVL
Gross margin58.43%51.42%
Operating margin17.86%16.71%
Net margin15.52%27.93%
ROE31.13%14.25%
ROIC10.12%5.44%

Dividends

MetricIBMMRVL
Dividend yield2.99%0.09%
Payout ratio59.65%7.95%

Growth (annualized)

MetricIBMMRVL
Revenue CAGR (5Y)1.13%22.27%
EPS CAGR (5Y)12.59%N/A
FCF CAGR (5Y)-1.28%27.95%
Total return CAGR (5Y)14.83%35.49%

Frequently asked

Which has the lower trailing P/E, IBM or MRVL?
IBM has the lower trailing P/E: IBM trades at 19.97 and MRVL at 88.81. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, IBM or MRVL?
Over the past five years, MRVL grew revenue faster — IBM at a 1.13% CAGR versus MRVL at 22.27%.
Does IBM or MRVL pay a bigger dividend?
IBM yields 2.99% and MRVL yields 0.09% based on trailing dividends and the latest price.
Is IBM or MRVL more profitable?
MRVL runs the higher net margin — IBM at 15.52% versus MRVL at 27.93%.
How have IBM and MRVL total returns compared?
Over the past 10 years, IBM delivered 8.48% and MRVL delivered 35.99% annualized total return. 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 October 2, 2026.