Marvell Technology, Inc. (MRVL) vs Western Digital Corporation (WDC)

WDC leads on 13 of 16 compared metrics.

A side-by-side comparison of Marvell Technology, Inc. and Western Digital Corporation 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 WDC

growth of $100 · last 26y
MRVL +1875.3%WDC +14991.7%WDC compounded faster
Log scale — wide-divergence pair
101001k10k100kStart $10020052010201520202025$1,975$15,092
MRVL WDC

MRVL vs WDC: by the numbers

  • MRVL is the larger company ($244.68B vs $194.03B market cap).
  • WDC trades at the lower earnings multiple (32.96 vs 96.16 P/E).
  • WDC converts more revenue to profit (55.07% vs 28.99% net margin).
  • MRVL grew revenue faster over the past five years (22.90% vs -6.28% CAGR).
  • WDC pays the higher dividend yield (0.09% vs 0.09%).

Which is better, MRVL or WDC?

Metric tally: MRVL 3 · WDC 13

It depends on what you're optimizing for:

ValueWDC(lower P/E)
GrowthMRVL(faster 5Y revenue CAGR)
QualityWDC(higher ROIC)

Valuation

MetricMRVLWDC
P/E ratio96.1632.96
Forward P/E45.5931.96
P/S ratio28.6617.97
P/B ratio13.7221.87
PEG ratio21.372.55
EV / EBITDA54.4128.04
FCF yield0.67%1.37%

Profitability

MetricMRVLWDC
Gross margin50.64%45.43%
Operating margin16.20%30.78%
Net margin28.99%55.07%
ROE13.87%67.00%
ROIC5.98%21.53%

Dividends

MetricMRVLWDC
Dividend yield0.09%0.09%
Payout ratio7.74%9.42%

Growth (annualized)

MetricMRVLWDC
Revenue CAGR (5Y)22.90%-6.28%
EPS CAGR (5Y)4.50%12.92%
FCF CAGR (5Y)26.05%78.08%
Total return CAGR (5Y)40.47%58.48%

Frequently asked

Which is better, MRVL or WDC?
It depends on your goal. value: WDC (lower P/E); growth: MRVL (faster 5Y revenue CAGR); quality: WDC (higher ROIC). Across all compared metrics, WDC leads 13 to 3.
Is MRVL or WDC cheaper?
On trailing earnings, WDC is cheaper: MRVL trades at a 96.16 P/E and WDC at 32.96.
Which has grown faster, MRVL or WDC?
Over the past five years, MRVL grew revenue faster — MRVL at a 22.90% CAGR versus WDC at -6.28%.
Does MRVL or WDC pay a bigger dividend?
MRVL yields 0.09% and WDC yields 0.09% based on trailing dividends and the latest price.
Is MRVL or WDC more profitable?
WDC runs the higher net margin — MRVL at 28.99% versus WDC at 55.07%.
Which has been the better investment, MRVL or WDC?
Over the past 10-year, MRVL delivered the higher annualized total return — MRVL at 40.79% versus WDC at 33.71%. 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.