Marvell Technology, Inc. (MRVL) vs Shopify Inc. (SHOP)

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 August 30, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnMRVL vs SHOP

growth of $100 · dividends reinvested · last 10y
MRVL +1799.8% (+34.2%/yr)SHOP +3596.8% (+43.5%/yr)SHOP compounded faster over this window
01k2k3k4kStart $10020182020202220242026$1,900$3,697
MRVL SHOP

MRVL vs SHOP: by the numbers

  • SHOP is the larger company ($198.41B vs $189.71B market cap).
  • MRVL trades at the lower trailing earnings multiple (71.76 vs 102.62 P/E), one valuation lens rather than an overall verdict.
  • MRVL converts more revenue to profit (27.93% vs 14.53% net margin).
  • SHOP grew revenue faster over the past five years (28.06% vs 22.27% CAGR).
  • MRVL pays a dividend (0.11% yield), while SHOP has no payments in the available dividend history.

Metrics side by side

Valuation

MetricMRVLSHOP
P/E ratio71.76102.62
Forward P/E76.1579.45
P/S ratio21.1214.96
P/B ratio10.7715.65
EV / EBITDA70.55105.17
FCF yield0.87%1.19%

Profitability

MetricMRVLSHOP
Gross margin51.42%47.77%
Operating margin16.73%13.90%
Net margin27.93%14.53%
ROE14.25%15.20%
ROIC5.45%11.67%

Dividends

MetricMRVLSHOP
Dividend yield0.11%N/A
Payout ratio7.74%N/A

Growth (annualized)

MetricMRVLSHOP
Revenue CAGR (5Y)22.27%28.06%
EPS CAGR (5Y)4.50%28.61%
FCF CAGR (5Y)27.95%35.93%
Total return CAGR (5Y)29.17%-0.03%

Frequently asked

Which has the lower trailing P/E, MRVL or SHOP?
MRVL has the lower trailing P/E: MRVL trades at 71.76 and SHOP at 102.62. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MRVL or SHOP?
Over the past five years, SHOP grew revenue faster — MRVL at a 22.27% CAGR versus SHOP at 28.06%.
Does MRVL or SHOP pay a bigger dividend?
MRVL pays a dividend (0.11% yield), while SHOP has no payments in the available dividend history.
Is MRVL or SHOP more profitable?
MRVL runs the higher net margin — MRVL at 27.93% versus SHOP at 14.53%.
How have MRVL and SHOP total returns compared?
Over the past 10 years, MRVL delivered 34.22% and SHOP delivered 43.40% 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 August 30, 2026.