Marvell Technology, Inc. (MRVL) vs Palo Alto Networks, Inc. (PANW)

MRVL leads on 10 of 16 compared metrics.

A side-by-side comparison of Marvell Technology, Inc. and Palo Alto Networks, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — MRVL vs PANW

growth of $100 · last 14y
MRVL +2410.8%PANW +3059.5%PANW compounded faster
01k2k3kStart $1002015201820212024$2,511$3,160
MRVL PANW

MRVL vs PANW: by the numbers

  • MRVL is the larger company ($244.68B vs $190.56B market cap).
  • MRVL trades at the lower earnings multiple (96.16 vs 243.15 P/E).
  • MRVL converts more revenue to profit (28.99% vs 7.95% net margin).
  • MRVL grew revenue faster over the past five years (22.90% vs 21.62% CAGR).
  • MRVL pays a dividend (0.09% yield) while PANW does not currently pay one.

Which is better, MRVL or PANW?

Metric tally: MRVL 10 · PANW 6

It depends on what you're optimizing for:

ValueMRVL(lower P/E)
GrowthMRVL(faster 5Y revenue CAGR)
QualityMRVL(higher ROIC)

Metrics side by side

Valuation

MetricMRVLPANW
P/E ratio96.16243.15
Forward P/E45.5968.62
P/S ratio28.6619.61
P/B ratio13.727.52
PEG ratio21.373.50
EV / EBITDA54.41117.46
FCF yield0.67%2.06%

Profitability

MetricMRVLPANW
Gross margin50.64%71.94%
Operating margin16.20%9.65%
Net margin28.99%7.95%
ROE13.87%3.05%
ROIC5.98%5.67%

Dividends

MetricMRVLPANW
Dividend yield0.09%
Payout ratio7.74%

Growth (annualized)

MetricMRVLPANW
Revenue CAGR (5Y)22.90%21.62%
EPS CAGR (5Y)4.50%69.46%
FCF CAGR (5Y)26.05%25.30%
Total return CAGR (5Y)40.47%35.59%

Frequently asked

Which is better, MRVL or PANW?
It depends on your goal. value: MRVL (lower P/E); growth: MRVL (faster 5Y revenue CAGR); quality: MRVL (higher ROIC). Across all compared metrics, MRVL leads 10 to 6.
Is MRVL or PANW cheaper?
On trailing earnings, MRVL is cheaper: MRVL trades at a 96.16 P/E and PANW at 243.15.
Which has grown faster, MRVL or PANW?
Over the past five years, MRVL grew revenue faster — MRVL at a 22.90% CAGR versus PANW at 21.62%.
Does MRVL or PANW pay a bigger dividend?
MRVL pays a dividend (0.09% yield) while PANW does not currently pay one.
Is MRVL or PANW more profitable?
MRVL runs the higher net margin — MRVL at 28.99% versus PANW at 7.95%.
Which has been the better investment, MRVL or PANW?
Over the past 10-year, MRVL delivered the higher annualized total return — MRVL at 40.79% versus PANW at 29.01%. 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 14, 2026.