How Does NVIDIA Stock Stack Up Against Its Peers?

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NVIDIA’s stock has delivered robust returns over the past year, but how does it truly measure up against peers rapidly scaling in the AI and data-center boom? A closer look reveals industry-leading profitability, exceptional growth, and a premium valuation. While it maintains a dominant position in the AI accelerator market, intensifying competition from custom silicon and rival chipmakers could temper future explosive upside, as market skepticism about its high valuation grows.

  • NVDA’s 60.4% operating margin reflects its AI/data center GPU dominance and strong pricing power from its integrated hardware-software ecosystem.
  • NVDA’s 65.5% revenue growth, outpacing peers, is driven by surging AI computing demand and data center infrastructure expansion.
  • NVDA’s 46.1% stock gain and 36.9 PE reflect high AI growth expectations, though AMD (104%) and AVGO (60%) saw stronger returns from AI market capture.

Here’s how NVIDIA stacks up across size, valuation, and profitability versus key peers.

  NVDA AMD INTC AVGO QCOM MRVL
Market Cap ($ Bil) 4,434.6 323.2 220.6 1,509.0 150.9 69.2
Revenue ($ Bil) 215.9 34.6 52.9 63.9 44.9 7.8
PE Ratio 36.9 74.5 -826.2 65.3 28.1 28.0
LTM Revenue Growth 65.5% 34.3% -0.5% 23.9% 10.3% 45.0%
LTM Operating Margin 60.4% 10.7% -0.0% 40.8% 27.2% 14.7%
LTM FCF Margin 44.8% 19.4% -9.4% 42.1% 28.8% 20.2%
12M Market Return 46.1% 98.9% 91.7% 61.3% -8.3% -11.6%

For more details on NVIDIA, read Buy or Sell NVDA Stock. Below we compare NVDA’s growth, margin, and valuation with peers across years

Trefis: NVDA Stock Insights

Revenue Growth Comparison

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  LTM 2026 2025 2024 2023
NVDA 65.5% 65.5% 114.2% 125.9%  
AMD 34.3% 34.3% 13.7% -3.9%
INTC -0.5% -0.5% -2.1% -14.0%
AVGO 23.9% 23.9% 44.0% 7.9%
QCOM 10.3% 13.7% 8.8% -19.0%
MRVL 45.0% 4.7% -7.0% 32.7%

Operating Margin Comparison

  LTM 2026 2025 2024 2023
NVDA 60.4% 60.4% 62.4% 54.1%  
AMD 10.7% 10.7% 8.1% 1.8%
INTC -0.0% -0.0% -8.9% 0.1%
AVGO 40.8% 40.8% 29.1% 45.9%
QCOM 27.2% 28.0% 26.3% 24.1%
MRVL 14.7% -6.4% -7.9% 6.1%

PE Ratio Comparison

  LTM 2026 2025 2024 2023
NVDA 36.9 37.8 45.2 41.1  
AMD 74.5 80.2 119.2 278.6
INTC -826.2 -626.1 -4.6 124.7
AVGO 65.3 70.5 181.9 32.9
QCOM 28.1 33.8 16.9 22.3
MRVL 28.0 -83.1 -101.9 -314.1

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