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Marvell Technology

NASDAQ: MRVL · USD

Marvell Technology returns on capital

Annual and trailing 12-month returns on invested capital, equity and assets.

%
Default 10.6% · Semiconductor proxy

ROIC

% · Annual / TTM

—
May 1, 2021 through Aug 1, 2026

ROCE

% · Annual / TTM

7.22%

ROIIC

% · Annual / TTM

—

Pretax income is unavailable in the extracted statements for this period.

ROE

% · Annual / TTM

16.52%

ROA

% · Annual / TTM

10.97%

ROIC − WACC

Percentage points · Scenario

—

Quarterly data

Marvell Technology returns history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal periodEndedROIC%ROCE%ROIIC%ROE%ROA%ROIC − WACCPercentage points
FY 2027 Q2Aug 1, 2026—7.22%—16.52%10.97%—
FY 2027 Q1May 2, 2026—6.67%—16.03%10.76%—
FY 2026 Q4Jan 31, 20266.96%7.1%—19.25%12.57%-3.6 pp
FY 2026 Q3Nov 1, 2025—6.27%—18.04%11.98%—
FY 2026 Q2Aug 2, 2025—0.5%—-0.75%-0.51%—
FY 2026 Q1May 3, 2025—-1.65%—-3.54%-2.43%—
FY 2025 Q4Feb 1, 2025—-3.83%—-6.26%-4.27%—
FY 2025 Q3Nov 2, 2024—-5.23%—-10.33%-7.13%—
FY 2025 Q2Aug 3, 2024—-2.29%—-6.53%-4.59%—
FY 2025 Q1May 4, 2024—-2.81%—-6.54%-4.58%—
FY 2024 Q4Feb 3, 2024—-2.87%—-6.13%-4.27%—
FY 2024 Q3Oct 28, 2023—-2.56%—-3.61%-2.51%—
FY 2024 Q2Jul 29, 2023—-1.33%—-2.45%-1.72%—
FY 2024 Q1Apr 29, 2023—-0.07%—-1.08%-0.75%—
FY 2023 Q4Jan 28, 2023—1.17%—-1.04%-0.73%—
FY 2023 Q3Oct 29, 2022—1.22%—-0.91%-0.64%—
FY 2023 Q2Jul 30, 2022—0.55%—-1.44%-1.01%—
FY 2023 Q1Apr 30, 2022—-0.96%—-3.29%-2.3%—
FY 2022 Q4Jan 29, 2022——————
FY 2022 Q3Oct 30, 2021——————
FY 2022 Q2Jul 31, 2021——————
FY 2022 Q1May 1, 2021——————
Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 10.6%, rounded from the Semiconductor benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.

Market prices: Yahoo Finance · MRVL, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

ROIC
NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
ROCE
Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
ROIIC
Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
ROE
Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
ROA
Net income / average total assets × 100, using period end and one year earlier.
ROIC − WACC
ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.