Marvell Technology, Inc. (MRVL) vs SAP SE (SAP)
A side-by-side comparison of Marvell Technology, Inc. and SAP SE across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.
MRVL
Marvell Technology, Inc.
$237.04TechnologyAt close: Aug 21, 2026, 4:00 PM ET
SAP
SAP SE
$218.68TechnologyAt close: Aug 21, 2026, 4:00 PM ET
Total return — MRVL vs SAP
growth of $100 · dividends reinvested · last 10yMRVL +1978.9% (+35.5%/yr)SAP +192.4% (+11.3%/yr)MRVL compounded faster over this window
Log scale — wide-divergence pair
MRVL SAP
MRVL vs SAP: by the numbers
- •SAP is the larger company ($254.81B vs $207.59B market cap).
- •SAP trades at the lower trailing earnings multiple (27.67 vs 81.50 P/E), one valuation lens rather than an overall verdict.
- •MRVL converts more revenue to profit (28.99% vs 20.40% net margin).
- •MRVL grew revenue faster over the past five years (22.90% vs 6.60% CAGR).
- •SAP pays the higher dividend yield (1.34% vs 0.10%).
Metrics side by side
Valuation
| Metric | MRVL | SAP |
|---|---|---|
| P/E ratio | 81.50 | 27.67 |
| Forward P/E | 83.33 | 30.85 |
| P/S ratio | 24.29 | 5.71 |
| P/B ratio | 11.62 | 4.96 |
| EV / EBITDA | 79.16 | 18.91 |
| FCF yield | 0.79% | 3.97% |
Profitability
| Metric | MRVL | SAP |
|---|---|---|
| Gross margin | 50.64% | 72.75% |
| Operating margin | 16.20% | 26.78% |
| Net margin | 28.99% | 20.40% |
| ROE | 13.87% | 17.70% |
| ROIC | 4.96% | 13.02% |
Dividends
| Metric | MRVL | SAP |
|---|---|---|
| Dividend yield | 0.10% | 1.34% |
| Payout ratio | 7.74% | 41.45% |
Growth (annualized)
| Metric | MRVL | SAP |
|---|---|---|
| Revenue CAGR (5Y) | 22.90% | 6.60% |
| EPS CAGR (5Y) | 4.50% | 5.95% |
| FCF CAGR (5Y) | 26.05% | 5.34% |
| Total return CAGR (5Y) | 32.16% | 9.93% |
Frequently asked
- Which has the lower trailing P/E, MRVL or SAP?
- SAP has the lower trailing P/E: MRVL trades at 81.50 and SAP at 27.67. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, MRVL or SAP?
- Over the past five years, MRVL grew revenue faster — MRVL at a 22.90% CAGR versus SAP at 6.60%.
- Does MRVL or SAP pay a bigger dividend?
- MRVL yields 0.10% and SAP yields 1.34% based on trailing dividends and the latest price.
- Is MRVL or SAP more profitable?
- MRVL runs the higher net margin — MRVL at 28.99% versus SAP at 20.40%.
- How have MRVL and SAP total returns compared?
- Over the past 10 years, MRVL delivered 35.57% and SAP delivered 11.21% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Marvell Technology P/E ratioSAP SE P/E ratioMarvell Technology dividend yieldSAP SE dividend yieldMarvell Technology ROESAP SE ROEMarvell Technology operating marginSAP SE operating marginMarvell Technology revenue growthSAP SE revenue growthMarvell Technology free cash flowSAP SE free cash flow
Marvell Technology & SAP SE 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 August 23, 2026.