Aureus
COkay

Marvell Technology, Inc.(MRVL)

C

Financial data as of Jan 31, 2026Declining · Technology

FCF Margin17.0%Free Cash Flow / Revenue
Cash Conversion65.6%Operating CF / Net Income
Free Cash Flow$1.4B
Revenue$8.2B
Net Cash-$2.2BNet debt position
Debt / FCF3.4xElevated debt burden
Current Ratio2.01Adequate short-term liquidity
YoY FCF Growth-41.7%5 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseC
→
+0.5Healthy FCF margin with manageable debt (17.0%, 3.4x)
→
-1Significant YoY FCF decline (-41.7%)
→
FinalC

Analysis Summary

Strengths

  • Strong FCF margin (17.0%)
  • Strong liquidity (current ratio: 2.01)

Concerns

  • Net debt position ($2.2B) — 3.4x FCF, manageable
  • Significant YoY FCF decline (-41.7%)

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin17.0%
Net Margin32.6%
Operating CF Margin21.4%
CapEx Ratio4.4%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$2.2BNet debt position
Debt / FCF3.4xElevated debt burden
Current Ratio2.01Strong liquidity
Debt / Equity0.33Low leverage

Quarterly FCF Trend

-41.7% YoYDeclining (-41.7%)

Free cash flow per quarter

Sector Comparison — Technology

FCF Margin ranked against sector peers

View all →

Detailed Metrics

Company NameMarvell Technology, Inc.
SectorTechnology
Free Cash Flow$1.4B
Revenue$8.2B
Net Income$2.7B
Operating Cash Flow$1.8B
Capital Expenditure$358.6M
FCF Margin17.0%
Cash Conversion Rate65.6%
Net Margin32.6%
Total Debt$4.8B
Total Cash$2.6B
Net Cash-$2.2B
Current Ratio2.01
Debt / Equity0.33
Debt / FCF3.4x
YoY FCF Growth-41.7%
Positive Quarters5 of 5
Trend DirectionDeclining
Report DateJan 31, 2026
GradeC
Data SourceYahoo Finance