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Marvell Technology vs United Microelectronics

Marvell Technology and United Microelectronics are similar in size: $8.19bn and $7.64bn of revenue in their latest fiscal years. Marvell Technology grew faster (42.1% against 5.5%). Marvell Technology kept more of each dollar of sales as profit: a net margin of 32.6% against 17.0%. United Microelectronics carries less debt relative to equity (21.3% against 31.2%).

Latest fiscal yearMarvell TechnologyMRVL, 2026United MicroelectronicsUMC, 2025
Revenue $8.19bn $7.64bn
Revenue growth 42.1% 5.5%
Net income $2.67bn $1.30bn
Operating margin 16.1% 18.5%
Net margin 32.6% 17.0%
Return on equity 19.3% 11.4%
Free cash flow $1.40bn $1.68bn
Cash $2.64bn $3.53bn
Total debt $4.47bn $2.48bn
Debt to equity 31.2% 21.3%
Dividend per share $0.24 —
Dividend yield 0.1% —
Share buybacks $2.04bn —
Employees 7,480 —
Market value $144.67bn $40.57bn
Price vs our value range Above our value range Above our value range
Moat score 55 (Moderate) —
Insider trades, 12 months 0 buys, 30 sales 0 buys, 5 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.