Big Move for MRVL, but Do NVDA’s Margins and Growth Give It the Edge?
NVIDIA (NVDA) offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs Marvell Technology (MRVL), suggesting you may be better off investing in NVDA
- NVDA’s Last 12 Months revenue growth was 71.6%, vs. MRVL’s 37.1%.
- In addition, its Last 3-Year Average revenue growth came in at 92.0%, ahead of MRVL’s 10.9%.
- NVDA leads on profitability over both periods – LTM margin of 58.1% and 3-year average of 51.0%.
That is one way to look at stocks. Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risk while giving upside exposure.
MRVL designs and sells analog, mixed-signal, digital, and embedded integrated circuits, offering Ethernet solutions and storage controllers for HDDs and SSDs supporting multiple system interfaces. NVDA provides graphics, compute, and networking solutions for gaming, visualization, datacenters, and automotive markets, with a strategic collaboration with Kroger Co.
Valuation & Performance Overview
| MRVL | NVDA | Preferred | |
|---|---|---|---|
| Valuation | |||
| P/EBIT Ratio | 170.9 | 47.6 | NVDA |
| Revenue Growth | |||
| Last Quarter | 57.6% | 55.6% | MRVL |
| Last 12 Months | 37.1% | 71.6% | NVDA |
| Last 3 Year Average | 10.9% | 92.0% | NVDA |
| Operating Margins | |||
| Last 12 Months | 6.0% | 58.1% | NVDA |
| Last 3 Year Average | -1.3% | 51.0% | NVDA |
| Momentum | |||
| Last 3 Year Return | 96.2% | 1401.3% | MRVL |
Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
See more revenue details: MRVL Revenue Comparison | NVDA Revenue Comparison
See more margin details: MRVL Operating Income Comparison | NVDA Operating Income Comparison
But do these numbers tell the full story? Read Buy or Sell NVDA Stock to see if NVIDIA’s edge holds up under the hood or if Marvell Technology still has cards to play (see Buy or Sell MRVL Stock).
Historical Market Performance
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | Avg | Best | |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| MRVL Return | 80% | 85% | -57% | 64% | 84% | -22% | 221% | ||
| NVDA Return | 122% | 125% | -50% | 239% | 171% | 41% | 2942% | <=== | |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 14% | 106% | ||
| Monthly Win Rates [3] | |||||||||
| MRVL Win Rate | 75% | 75% | 33% | 58% | 67% | 50% | 60% | ||
| NVDA Win Rate | 75% | 58% | 42% | 75% | 75% | 62% | 65% | <=== | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 62% | 63% | ||
| Max Drawdowns [4] | |||||||||
| MRVL Max Drawdown | -35% | -16% | -59% | -6% | -7% | -55% | -30% | ||
| NVDA Max Drawdown | -16% | -11% | -62% | -2% | -4% | -30% | -21% | ||
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | -12% | <=== | |
[1] Cumulative total returns since the beginning of 2020
[2] 2025 data is for the year up to 10/3/2025 (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
No matter how good the numbers, stock investment is never a smooth ride. There is a risk you must factor in. Read NVDA Dip Buyer Analyses and MRVL Dip Buyer Analyses to see how these stocks have fallen and recovered in the past.