Marvell Technology, Inc. (MRVL) vs ServiceNow, Inc. (NOW)

A side-by-side comparison of Marvell Technology, Inc. and ServiceNow, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 3, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnMRVL vs NOW

growth of $100 · dividends reinvested · last 10y
MRVL +1710.9% (+33.6%/yr)NOW +779.8% (+24.3%/yr)MRVL compounded faster over this window
05001k2k2k3kStart $10020182020202220242026$1,811$880
MRVL NOW

MRVL vs NOW: by the numbers

  • MRVL is the larger company ($182.89B vs $150.52B market cap).
  • MRVL trades at the lower trailing earnings multiple (68.40 vs 85.45 P/E), one valuation lens rather than an overall verdict.
  • MRVL converts more revenue to profit (27.93% vs 11.34% net margin).
  • NOW grew revenue faster over the past five years (23.29% vs 22.27% CAGR).
  • MRVL pays a dividend (0.12% yield), while NOW has no payments in the available dividend history.

Metrics side by side

Valuation

MetricMRVLNOW
P/E ratio68.4085.45
Forward P/E72.5933.58
P/S ratio20.139.62
P/B ratio10.2611.33
EV / EBITDA67.2753.70
FCF yield0.91%3.23%

Profitability

MetricMRVLNOW
Gross margin51.42%74.77%
Operating margin16.73%11.40%
Net margin27.93%11.34%
ROE14.25%13.34%
ROIC5.45%5.54%

Dividends

MetricMRVLNOW
Dividend yield0.12%N/A
Payout ratio7.74%N/A

Growth (annualized)

MetricMRVLNOW
Revenue CAGR (5Y)22.27%23.29%
EPS CAGR (5Y)4.50%69.74%
FCF CAGR (5Y)27.95%24.63%
Total return CAGR (5Y)27.96%0.70%

Frequently asked

Which has the lower trailing P/E, MRVL or NOW?
MRVL has the lower trailing P/E: MRVL trades at 68.40 and NOW at 85.45. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MRVL or NOW?
Over the past five years, NOW grew revenue faster — MRVL at a 22.27% CAGR versus NOW at 23.29%.
Does MRVL or NOW pay a bigger dividend?
MRVL pays a dividend (0.12% yield), while NOW has no payments in the available dividend history.
Is MRVL or NOW more profitable?
MRVL runs the higher net margin — MRVL at 27.93% versus NOW at 11.34%.
How have MRVL and NOW total returns compared?
Over the past 10 years, MRVL delivered 32.82% and NOW delivered 24.53% 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 September 3, 2026.