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.
MRVL
Marvell Technology, Inc.
$216.62TechnologyAt close: Aug 28, 2026, 4:00 PM ET
SHOP
Shopify Inc.
$152.90TechnologyAt close: Aug 28, 2026, 4:00 PM ET
Total return — MRVL vs SHOP
growth of $100 · dividends reinvested · last 10yMRVL +1799.8% (+34.2%/yr)SHOP +3596.8% (+43.5%/yr)SHOP compounded faster over this window
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
| Metric | MRVL | SHOP |
|---|---|---|
| P/E ratio | 71.76 | 102.62 |
| Forward P/E | 76.15 | 79.45 |
| P/S ratio | 21.12 | 14.96 |
| P/B ratio | 10.77 | 15.65 |
| EV / EBITDA | 70.55 | 105.17 |
| FCF yield | 0.87% | 1.19% |
Profitability
| Metric | MRVL | SHOP |
|---|---|---|
| Gross margin | 51.42% | 47.77% |
| Operating margin | 16.73% | 13.90% |
| Net margin | 27.93% | 14.53% |
| ROE | 14.25% | 15.20% |
| ROIC | 5.45% | 11.67% |
Dividends
| Metric | MRVL | SHOP |
|---|---|---|
| Dividend yield | 0.11% | N/A |
| Payout ratio | 7.74% | N/A |
Growth (annualized)
| Metric | MRVL | SHOP |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Marvell Technology P/E ratioShopify P/E ratioMarvell Technology 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 August 30, 2026.