Marvell Technology, Inc. (MRVL) vs Shopify Inc. (SHOP)
MRVL and SHOP are evenly matched — 8 metrics each of 16.
A side-by-side comparison of Marvell Technology, Inc. and Shopify Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
MRVL
Marvell Technology, Inc.
$188.30TechnologyDelayed quote: Jul 16, 2026, 4:00 PM EDT
SHOP
Shopify Inc.
$125.06TechnologyDelayed quote: Jul 16, 2026, 4:00 PM EDT
Total return — MRVL vs SHOP
growth of $100 · dividends reinvested · last 11yMRVL +1366.8%SHOP +7268.2%SHOP compounded faster
Log scale — wide-divergence pair
MRVL SHOP
MRVL vs SHOP: by the numbers
- •MRVL is the larger company ($164.91B vs $162.28B market cap).
- •MRVL trades at the lower earnings multiple (70.91 vs 121.13 P/E).
- •MRVL converts more revenue to profit (28.99% vs 10.77% net margin).
- •SHOP grew revenue faster over the past five years (29.11% vs 22.90% CAGR).
- •MRVL pays a dividend (0.12% yield) while SHOP does not currently pay one.
Which is better, MRVL or SHOP?
Metric tally: MRVL 8 · SHOP 8It depends on what you're optimizing for:
ValueMRVL(lower P/E)
GrowthSHOP(faster 5Y revenue CAGR)
QualitySHOP(higher ROIC)
Metrics side by side
Valuation
| Metric | MRVL | SHOP |
|---|---|---|
| P/E ratio | 70.91● | 121.13 |
| Forward P/E | 72.51 | 67.65● |
| P/S ratio | 21.14 | 13.02● |
| P/B ratio | 10.11● | 12.84 |
| PEG ratio | 15.76 | 4.23● |
| EV / EBITDA | 68.95● | 95.02 |
| FCF yield | 0.90% | 1.32%● |
Profitability
| Metric | MRVL | SHOP |
|---|---|---|
| Gross margin | 50.64%● | 47.97% |
| Operating margin | 16.20%● | 13.32% |
| Net margin | 28.99%● | 10.77% |
| ROE | 13.87%● | 10.62% |
| ROIC | 5.98% | 8.67%● |
Dividends
| Metric | MRVL | SHOP |
|---|---|---|
| Dividend yield | 0.12% | — |
| Payout ratio | 7.74% | — |
Growth (annualized)
| Metric | MRVL | SHOP |
|---|---|---|
| Revenue CAGR (5Y) | 22.90% | 29.11%● |
| EPS CAGR (5Y) | 4.50% | 28.61%● |
| FCF CAGR (5Y) | 26.05% | 28.17%● |
| Total return CAGR (5Y) | 28.74%● | -2.79% |
Frequently asked
- Which is better, MRVL or SHOP?
- It depends on your goal. value: MRVL (lower P/E); growth: SHOP (faster 5Y revenue CAGR); quality: SHOP (higher ROIC). Across all compared metrics, they are evenly matched.
- Is MRVL or SHOP cheaper?
- On trailing earnings, MRVL is cheaper: MRVL trades at a 70.91 P/E and SHOP at 121.13.
- Which has grown faster, MRVL or SHOP?
- Over the past five years, SHOP grew revenue faster — MRVL at a 22.90% CAGR versus SHOP at 29.11%.
- Does MRVL or SHOP pay a bigger dividend?
- MRVL pays a dividend (0.12% yield) while SHOP does not currently pay one.
- Is MRVL or SHOP more profitable?
- MRVL runs the higher net margin — MRVL at 28.99% versus SHOP at 10.77%.
- Which has been the better investment, MRVL or SHOP?
- Over the past 10-year, SHOP delivered the higher annualized total return — MRVL at 35.03% versus SHOP at 44.15%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Marvell Technology P/E ratioShopify P/E ratioMarvell Technology dividend yieldShopify dividend yieldMarvell Technology ROEShopify ROEMarvell Technology operating marginShopify operating marginMarvell Technology revenue growthShopify revenue growthMarvell Technology free cash flowShopify free cash flow
Marvell Technology & Shopify 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 July 16, 2026.