Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026

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MethodCoverageAbout
Marvell Technology, Inc.MRVL · business equipment
GradeSlothDfourth fifth of 497 graded peers; percentile 63.5, sampling error 2.2 points; lower is stronger
Rank316 of 497
ProfitabilityDpercentile 70.7
SolvencyCpercentile 44.0
Growth and financingCpercentile 44.2
Reliability0.94 AUCfailure model, filers with over $2.67B assets; 95% interval 0.88 to 0.97; 61 events, 2020 to 2025
Peer failure rate0.52% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size bandover $2.67B assetstotal assets $22.3B[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsnone activenot computable: distress
Inputs computable12 of 14
Graded fromfilings received through Mar 11, 2026212 days before the rescan; every figure keyed to the SEC receipt date
Last close$274.732026-10-08; market equity $240.9B; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$100$200$300NovDecJanFebMarAprMayJunJulAugSepOctDC/DD$274.66
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/a
Mar 21, 2022nonen/aQ5
Mar 21, 2023D/E78.8Q5
Apr 21, 2023D76.8Q5
May 21, 2023D/E77.7Q5
Jun 21, 2023D77.5Q5
Sep 21, 2023D/E77.7Q5
Mar 21, 2024nonen/aQ5
Mar 21, 2025D68.3Q5
Mar 21, 2026C/D61.9Q5
Sep 26, 2026D63.0Q5

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Mar 11, 2026; the document on sec.gov.

Marvell Technology, Inc., together with its consolidated subsidiaries (“Marvell,” “MTI,” the “Company,” “we,” or “us”) is a leading supplier of data infrastructure semiconductor solutions, spanning the data center core to network edge. We are a fabless supplier of high-performance semiconductor products with core strengths in developing and scaling complex System-on-a-Chip architectures, integrating analog, mixed-signal and digital signal processing functionality.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 70.7
Gross profitability18.8%[1,3]28.5%65.05582026-01-31
Return on invested capital7.1%[4-12]10.9%58.51362026-01-31
Accruals ratio4.3%[1,13-15](7.4%)92.16212026-01-31
Gross margin stability, five years4.2 pts[2-3,16-23]2.4 pts67.14292026-01-31
Solvency, sleeve percentile 44.0
Twelve-month failure probabilitynot computable0.05%
latest liabilities, cash plus short-term investments, book equity, and shares are required
Altman Z double-prime3.43[1,4,8,24-27]2.1832.75662026-01-31
Net debt to EBITDA1.19x[4,7,9,28]1.11x50.01472026-01-31
Interest coveragenot computable3.77x
latest aligned inputs end 2024-02-03; latest annual assets end 2026-01-31
Current ratio2.01x[24-25]2.02x49.36662026-01-31
Growth and financing, sleeve percentile 44.2
Revenue growth, three-year compound11.4%[2,17,19,21]6.4%35.25382026-01-31
Free cash flow growth, three-year compound8.9%[14,29-35]17.2%59.22682026-01-31
Reinvestment rate196.6%[4-6,24-25,28-29,36-37]14.3%9.82262026-01-31
Asset growth, three years(0.4%)[1,15,38-39]5.0%62.65632026-01-31
Net share issuance, one year0.9%[40-41]0.5%54.24072026-03-04

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite 0.065; sampling error 2.2 percentile points on 497 peers.

Among 497 Peers [top]

ABCDENVDA, Nvidia Corp.; A, percentile 3.0; market equity $5.6T; warnings: fortress balance sheetNVDAMSFT, Microsoft Corp.; A, percentile 8.7; market equity $3.9TMSFTAMD, Advanced Micro Devices Inc.; A/B, percentile 20.2; market equity $1.0T; warnings: fortress balance sheetAMDAAPL, Apple Inc.; B, percentile 35.5; market equity $5.0TAAPLMU, Micron Technology Inc.; B/C, percentile 40.9; market equity $1.2TMUAVGO, Broadcom Inc.; C, percentile 53.2; market equity $1.7TAVGOMRVL 63.5strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
311Teradata Corp. (TDC)

Teradata Corp. (TDC)

Dfourth fifth; percentile 62.5

NYSE · Services-Prepackaged Software

market equity $2.8B; last close $30.30

No active warnings; 10 of 14 inputs

62.5D
312RingCentral, Inc. (RNG)

RingCentral, Inc. (RNG)

Dfourth fifth; percentile 62.7

NYSE · Services-Computer Processing & Data Preparation

last close $78.33

No active warnings; 9 of 14 inputs

62.7D
313Alpha & Omega Semiconductor Ltd. (AOSL)

Alpha & Omega Semiconductor Ltd. (AOSL)

Dfourth fifth; percentile 62.9

Nasdaq · Semiconductors & Related Devices

market equity $859.7M; last close $28.42

Warnings: fortress balance sheet; 8 of 14 inputs

62.9Dfortress balance sheet
314Netgear, Inc. (NTGR)

Netgear, Inc. (NTGR)

Dfourth fifth; percentile 63.1

Nasdaq · Computer Communications Equipment

market equity $630.6M; last close $23.21

No active warnings; 9 of 14 inputs

63.1D
315KEY Tronic Corp. (KTCC)

KEY Tronic Corp. (KTCC)

Dfourth fifth; percentile 63.3

Nasdaq · Printed Circuit Boards

market equity $24.0M; last close $2.19

No active warnings; 7 of 14 inputs

63.3D
316Marvell Technology, Inc. (MRVL)

Marvell Technology, Inc. (MRVL)

Dfourth fifth; percentile 63.5

Nasdaq · Semiconductors & Related Devices

market equity $240.8B; last close $274.73

No active warnings; 12 of 14 inputs

63.5D
317Avantor, Inc. (AVTR)

Avantor, Inc. (AVTR)

Dfourth fifth; percentile 63.7

NYSE · Laboratory Analytical Instruments

market equity $10.5B; last close $15.38

No active warnings; 9 of 14 inputs

63.7D
318Interlink Electronics Inc. (LINK)

Interlink Electronics Inc. (LINK)

Dfourth fifth; percentile 63.9

Nasdaq · Computer Peripheral Equipment, NEC

market equity $78.9M; last close $5.22

No active warnings; 8 of 14 inputs

63.9D
319Nortech Systems Inc. (NSYS)

Nortech Systems Inc. (NSYS)

Dfourth fifth; percentile 64.1

Nasdaq · Electronic Components, NEC

market equity $32.2M; last close $11.21

No active warnings; 9 of 14 inputs

64.1D
320Caci International Inc. (CACI)

Caci International Inc. (CACI)

Dfourth fifth; percentile 64.3

NYSE · Services-Computer Integrated Systems Design

market equity $13.2B; last close $599.39

No active warnings; 10 of 14 inputs

64.3D
321Semtech Corp. (SMTC)

Semtech Corp. (SMTC)

Dfourth fifth; percentile 64.5

Nasdaq · Semiconductors & Related Devices

market equity $17.5B; last close $187.40

No active warnings; 9 of 14 inputs

64.5D
Peer policyLetterPercentilePeers
all graded filers, equal sleevesC52.42204
sector peers, equal sleeves (the grade)D63.5497
same exchange, equal sleevesC52.21219
sector peers, equal inputsD62.3497

Each letter is one fifth of the 497 graded peers, about 99 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month152.3%2.2%95hotter than 95 of 100 peers
Distance from 52-week high(13.2%)(30.0%)74closer to its high than 74 of 100 peers
EBIT to enterprise value0.5%1.5%43pricier than 57 of 100 peers
Free cash flow yield0.6%2.7%29pricier than 71 of 100 peers
Book value to price0.080.2321pricier than 79 of 100 peers
Sales to price0.030.305pricier than 95 of 100 peers
Composite equity issuance, five yearsnot computable3.9%a share count from five years earlier is required
Relative strength against the sector, log excess return0.64(0.26)95ahead of 95 of 100 peers

Inputs: market equity $240.8B; EBIT $1.3B; free cash flow $1.4B; book equity $18.5B; sales $8.2B; debt $5.0B; cash $3.9B[42].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: 7 of 9, period end 2026-01-31
Return on assets above zero13.2%✓ pass[13,15]
Operating cash flow above zero$1.8B✓ pass[14]
Return on assets improved17.4 pts✓ pass[13,15,38,43]
Operating cash flow exceeds net income-$919.6M✗ fail[13-14]
Long-term leverage fell(0.3 pts)✓ pass[1,15,38,44-45]
Current ratio improved46.7 pts✓ pass[24-25,36-37]
No new shares issued0.9%✗ fail[40-41]
Gross margin improved9.7 pts✓ pass[2-3,16-17]
Asset turnover improved13.4 pts✓ pass[2,15,17,38]
Cash, filings, liquidity
Cash and equivalents$3.9B[46]
Operating cash flow, four quarters$2.2B[14,46-50]
Months of runwaynot finite
trailing operating cash flow is nonnegative, so runway is not finite
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing42
10-Q received Aug 28, 2026
Median daily dollar volume$4.6B
63 sessions
Days since newest grade input212

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$22.3B2026-01-312026-03-1110-Kfiling · viewer · series
2revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$8.2B2026-01-312026-03-1110-Kfiling · viewer · series
3gross profitus-gaap:GrossProfit$4.2B2026-01-312026-03-1110-Kfiling · viewer · series
4operating incomeus-gaap:OperatingIncomeLoss$1.3B2026-01-312026-03-1110-Kfiling · viewer · series
5pretax incomeus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest$3.0B2026-01-312026-03-1110-Kfiling · viewer · series
6income taxus-gaap:IncomeTaxExpenseBenefit$376.5M2026-01-312026-03-1110-Kfiling · viewer · series
7total debtus-gaap:LongTermDebt$4.5B2026-01-312026-03-1110-Kfiling · viewer · series
8book equityus-gaap:StockholdersEquity$14.3B2026-01-312026-03-1110-Kfiling · viewer · series
9cashus-gaap:CashAndCashEquivalentsAtCarryingValue$2.6B2026-01-312026-03-1110-Kfiling · viewer · series
10total debtus-gaap:LongTermDebt$4.1B2025-02-012026-03-1110-Kfiling · viewer · series
11book equityus-gaap:StockholdersEquity$13.4B2025-02-012026-03-1110-Kfiling · viewer · series
12cashus-gaap:CashAndCashEquivalentsAtCarryingValue$948.3M2025-02-012026-03-1110-Kfiling · viewer · series
13net incomeus-gaap:NetIncomeLoss$2.7B2026-01-312026-03-1110-Kfiling · viewer · series
14operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$1.8B2026-01-312026-03-1110-Kfiling · viewer · series
15assetsus-gaap:Assets$20.2B2025-02-012026-03-1110-Kfiling · viewer · series
16gross profitus-gaap:GrossProfit$2.4B2025-02-012026-03-1110-Kfiling · viewer · series
17revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$5.8B2025-02-012026-03-1110-Kfiling · viewer · series
18gross profitus-gaap:GrossProfit$2.3B2024-02-032026-03-1110-Kfiling · viewer · series
19revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$5.5B2024-02-032026-03-1110-Kfiling · viewer · series
20gross profitus-gaap:GrossProfit$3.0B2023-01-282025-03-1210-Kfiling · viewer · series
21revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$5.9B2023-01-282025-03-1210-Kfiling · viewer · series
22gross profitus-gaap:GrossProfit$2.1B2022-01-292024-03-1310-Kfiling · viewer · series
23revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$4.5B2022-01-292024-03-1310-Kfiling · viewer · series
24current assetsus-gaap:AssetsCurrent$6.5B2026-01-312026-03-1110-Kfiling · viewer · series
25current liabilitiesus-gaap:LiabilitiesCurrent$3.2B2026-01-312026-03-1110-Kfiling · viewer · series
26retained earningsus-gaap:RetainedEarningsAccumulatedDeficit$1.4B2026-01-312026-03-1110-Kfiling · viewer · series
27liabilitiesus-gaap:Liabilities$8.0B2026-01-312026-03-1110-Kfiling · viewer · series
28depreciation amortizationus-gaap:Depreciation$221.7M2026-01-312026-03-1110-Kfiling · viewer · series
29capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$354.1M2026-01-312026-03-1110-Kfiling · viewer · series
30operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$1.7B2025-02-012026-03-1110-Kfiling · viewer · series
31capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$284.6M2025-02-012026-03-1110-Kfiling · viewer · series
32operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$1.4B2024-02-032026-03-1110-Kfiling · viewer · series
33capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$336.3M2024-02-032026-03-1110-Kfiling · viewer · series
34operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$1.3B2023-01-282025-03-1210-Kfiling · viewer · series
35capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$206.2M2023-01-282025-03-1210-Kfiling · viewer · series
36current assetsus-gaap:AssetsCurrent$3.1B2025-02-012026-03-1110-Kfiling · viewer · series
37current liabilitiesus-gaap:LiabilitiesCurrent$2.0B2025-02-012026-03-1110-Kfiling · viewer · series
38assetsus-gaap:Assets$21.2B2024-02-032025-03-1210-Kfiling · viewer · series
39assetsus-gaap:Assets$22.5B2023-01-282024-03-1310-Kfiling · viewer · series
40shares outstandingdei:EntityCommonStockSharesOutstanding874,300,0002026-03-042026-03-1110-Kfiling · viewer · series
41shares outstandingdei:EntityCommonStockSharesOutstanding866,100,0002025-03-052025-03-1210-Kfiling · viewer · series
42shares outstandingdei:EntityCommonStockSharesOutstanding876,900,0002026-08-212026-08-2810-Qfiling · viewer · series
43net incomeus-gaap:NetIncomeLoss-$885.0M2025-02-012026-03-1110-Kfiling · viewer · series
44long term debtus-gaap:LongTermDebtNoncurrent$4.0B2026-01-312026-03-1110-Kfiling · viewer · series
45long term debtus-gaap:LongTermDebtNoncurrent$3.9B2025-02-012026-03-1110-Kfiling · viewer · series
46cashus-gaap:CashAndCashEquivalentsAtCarryingValue$3.9B2026-08-012026-08-2810-Qfiling · viewer · series
47operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$1.2B2026-08-012026-08-2810-Qfiling · viewer · series
48operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$638.8M2026-05-022026-05-2810-Qfiling · viewer · series
49operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$1.4B2025-11-012025-12-0310-Qfiling · viewer · series
50operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$794.5M2025-08-022026-08-2810-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 63.5 is 3.5 points from the nearest band edge; sampling error is 2.2 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.

Informational and educational only. Not investment advice. SEC and market data may contain errors.

If you have any comments about this page, the methodology and every line of code that produced it are in the public repository. However, due to the limited number of personnel, we are unable to provide a direct response.

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Source
GitHub · ezrakruger.cc
Photographs from Wikimedia Commons

bull: Raphael Schön from Vienna, Austria, CC BY 2.0; bear: U. S. Fish and Wildlife Service - Northeast Region, Public domain; elk: Oregon Department of Fish & Wildlife, Public domain; tortoise: NPS, Public domain; sloth: Charles J. Sharp, CC BY-SA 3.0; fox: Cp9asngf, CC BY-SA 4.0; sector-business_equipment: Sangitiana Fararano, CC BY-SA 2.0; sector-healthcare: User:Squidonius, myself, and User:Beliason (assumed)., CC BY-SA 4.0; sector-manufacturing: unknown, CC BY-SA 2.0; sector-shops: Wilfredor, CC BY-SA 4.0; sector-consumer_nondurables: Nielsoncaetanosalmeron, CC BY 4.0; sector-utilities: Lijovklm, CC BY-SA 4.0; sector-consumer_durables: Stilfehler, CC BY-SA 4.0; sector-chemicals: PEO ACWA, CC BY 2.0; sector-energy: Arne Hückelheim, CC BY-SA 3.0; sector-telecom: Wikideas1, CC0; sector-other: Downtowngal, CC BY-SA 4.0.

Updated Oct 9, 2026