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Side-by-side financial comparison of Lennox International (LII) and Marvell Technology, Inc. (MRVL). Click either name above to swap in a different company.

Marvell Technology, Inc. is the larger business by last-quarter revenue ($2.1B vs $1.2B, roughly 1.7× Lennox International). Marvell Technology, Inc. runs the higher net margin — 91.7% vs 13.6%, a 78.1% gap on every dollar of revenue. On growth, Marvell Technology, Inc. posted the faster year-over-year revenue change (36.8% vs -11.2%). Marvell Technology, Inc. produced more free cash flow last quarter ($508.8M vs $376.7M). Over the past eight quarters, Marvell Technology, Inc.'s revenue compounded faster (20.6% CAGR vs 6.8%).

Lennox International Inc. is an American provider of climate control products for the heating, ventilation, and air conditioning (HVAC) and refrigeration markets. Based in Richardson, Texas, the company is 9.8% owned by John W. Norris, III, a descendant of DW Norris, who acquired the company in 1904. The company's largest production facilities are in Saltillo, Mexico, Marshalltown, Iowa, and Orangeburg, South Carolina.

Marvell Technology, Inc. is an American company, headquartered in Santa Clara, California, which develops and produces semiconductors and related technology. Founded in 1995, the company had more than 6,500 employees as of 2024, with over 10,000 patents worldwide, and an annual revenue of $5.5 billion for fiscal 2024.

LII vs MRVL — Head-to-Head

Bigger by revenue
MRVL
MRVL
1.7× larger
MRVL
$2.1B
$1.2B
LII
Growing faster (revenue YoY)
MRVL
MRVL
+48.0% gap
MRVL
36.8%
-11.2%
LII
Higher net margin
MRVL
MRVL
78.1% more per $
MRVL
91.7%
13.6%
LII
More free cash flow
MRVL
MRVL
$132.1M more FCF
MRVL
$508.8M
$376.7M
LII
Faster 2-yr revenue CAGR
MRVL
MRVL
Annualised
MRVL
20.6%
6.8%
LII

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
LII
LII
MRVL
MRVL
Revenue
$1.2B
$2.1B
Net Profit
$162.1M
$1.9B
Gross Margin
34.7%
51.6%
Operating Margin
18.6%
17.2%
Net Margin
13.6%
91.7%
Revenue YoY
-11.2%
36.8%
Net Profit YoY
-18.0%
381.1%
EPS (diluted)
$4.62
$2.20

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LII
LII
MRVL
MRVL
Q4 25
$1.2B
$2.1B
Q3 25
$1.4B
$2.0B
Q2 25
$1.5B
$1.9B
Q1 25
$1.1B
$1.8B
Q4 24
$1.3B
$1.5B
Q3 24
$1.5B
$1.3B
Q2 24
$1.5B
$1.2B
Q1 24
$1.0B
$1.4B
Net Profit
LII
LII
MRVL
MRVL
Q4 25
$162.1M
$1.9B
Q3 25
$245.8M
$194.8M
Q2 25
$277.6M
$177.9M
Q1 25
$120.3M
$200.2M
Q4 24
$197.7M
$-676.3M
Q3 24
$239.0M
$-193.3M
Q2 24
$245.9M
$-215.6M
Q1 24
$124.3M
$-392.7M
Gross Margin
LII
LII
MRVL
MRVL
Q4 25
34.7%
51.6%
Q3 25
32.8%
50.4%
Q2 25
34.8%
50.3%
Q1 25
30.6%
50.5%
Q4 24
33.9%
23.0%
Q3 24
32.6%
46.2%
Q2 24
33.6%
45.5%
Q1 24
32.5%
46.6%
Operating Margin
LII
LII
MRVL
MRVL
Q4 25
18.6%
17.2%
Q3 25
21.7%
14.5%
Q2 25
23.6%
14.3%
Q1 25
14.5%
12.9%
Q4 24
18.2%
-46.4%
Q3 24
20.2%
-7.9%
Q2 24
22.1%
-13.1%
Q1 24
15.9%
-2.3%
Net Margin
LII
LII
MRVL
MRVL
Q4 25
13.6%
91.7%
Q3 25
17.2%
9.7%
Q2 25
18.5%
9.4%
Q1 25
11.2%
11.0%
Q4 24
14.7%
-44.6%
Q3 24
16.0%
-15.2%
Q2 24
16.9%
-18.6%
Q1 24
11.9%
-27.5%
EPS (diluted)
LII
LII
MRVL
MRVL
Q4 25
$4.62
$2.20
Q3 25
$6.98
$0.22
Q2 25
$7.82
$0.20
Q1 25
$3.37
$0.23
Q4 24
$5.52
$-0.78
Q3 24
$6.68
$-0.22
Q2 24
$6.87
$-0.25
Q1 24
$3.47
$-0.45

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LII
LII
MRVL
MRVL
Cash + ST InvestmentsLiquidity on hand
$34.7M
$2.7B
Total DebtLower is stronger
$1.1B
$4.5B
Stockholders' EquityBook value
$1.2B
$14.1B
Total Assets
$4.1B
$21.6B
Debt / EquityLower = less leverage
0.98×
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LII
LII
MRVL
MRVL
Q4 25
$34.7M
$2.7B
Q3 25
$59.2M
$1.2B
Q2 25
$55.1M
$885.9M
Q1 25
$222.9M
$948.3M
Q4 24
$422.3M
$868.1M
Q3 24
$255.7M
$808.7M
Q2 24
$57.8M
$847.7M
Q1 24
$57.6M
$950.8M
Total Debt
LII
LII
MRVL
MRVL
Q4 25
$1.1B
$4.5B
Q3 25
$838.2M
$4.5B
Q2 25
$835.7M
$4.2B
Q1 25
$834.2M
$4.1B
Q4 24
$833.1M
$4.1B
Q3 24
$827.6M
$4.1B
Q2 24
$1.1B
$4.1B
Q1 24
$1.2B
$4.2B
Stockholders' Equity
LII
LII
MRVL
MRVL
Q4 25
$1.2B
$14.1B
Q3 25
$1.1B
$13.4B
Q2 25
$900.5M
$13.3B
Q1 25
$852.5M
$13.4B
Q4 24
$850.2M
$13.4B
Q3 24
$754.0M
$14.2B
Q2 24
$577.4M
$14.5B
Q1 24
$368.8M
$14.8B
Total Assets
LII
LII
MRVL
MRVL
Q4 25
$4.1B
$21.6B
Q3 25
$3.5B
$20.6B
Q2 25
$3.7B
$20.0B
Q1 25
$3.5B
$20.2B
Q4 24
$3.5B
$19.7B
Q3 24
$3.3B
$20.3B
Q2 24
$3.2B
$20.5B
Q1 24
$3.0B
$21.2B
Debt / Equity
LII
LII
MRVL
MRVL
Q4 25
0.98×
0.32×
Q3 25
0.78×
0.33×
Q2 25
0.93×
0.32×
Q1 25
0.98×
0.30×
Q4 24
0.98×
0.31×
Q3 24
1.10×
0.29×
Q2 24
1.95×
0.29×
Q1 24
3.13×
0.28×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LII
LII
MRVL
MRVL
Operating Cash FlowLast quarter
$405.9M
$582.3M
Free Cash FlowOCF − Capex
$376.7M
$508.8M
FCF MarginFCF / Revenue
31.5%
24.5%
Capex IntensityCapex / Revenue
2.4%
3.5%
Cash ConversionOCF / Net Profit
2.50×
0.31×
TTM Free Cash FlowTrailing 4 quarters
$638.8M
$1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LII
LII
MRVL
MRVL
Q4 25
$405.9M
$582.3M
Q3 25
$300.7M
$461.6M
Q2 25
$86.8M
$332.9M
Q1 25
$-35.8M
$514.0M
Q4 24
$332.4M
$536.3M
Q3 24
$452.1M
$306.4M
Q2 24
$184.0M
$324.5M
Q1 24
$-22.8M
$546.6M
Free Cash Flow
LII
LII
MRVL
MRVL
Q4 25
$376.7M
$508.8M
Q3 25
$265.1M
$414.1M
Q2 25
$58.3M
$214.1M
Q1 25
$-61.3M
$444.1M
Q4 24
$272.2M
$461.3M
Q3 24
$410.9M
$258.2M
Q2 24
$151.3M
$233.0M
Q1 24
$-52.3M
$475.6M
FCF Margin
LII
LII
MRVL
MRVL
Q4 25
31.5%
24.5%
Q3 25
18.6%
20.6%
Q2 25
3.9%
11.3%
Q1 25
-5.7%
24.4%
Q4 24
20.2%
30.4%
Q3 24
27.4%
20.3%
Q2 24
10.4%
20.1%
Q1 24
-5.0%
33.3%
Capex Intensity
LII
LII
MRVL
MRVL
Q4 25
2.4%
3.5%
Q3 25
2.5%
2.4%
Q2 25
1.9%
6.3%
Q1 25
2.4%
3.8%
Q4 24
4.5%
4.9%
Q3 24
2.8%
3.8%
Q2 24
2.3%
7.9%
Q1 24
2.8%
5.0%
Cash Conversion
LII
LII
MRVL
MRVL
Q4 25
2.50×
0.31×
Q3 25
1.22×
2.37×
Q2 25
0.31×
1.87×
Q1 25
-0.30×
2.57×
Q4 24
1.68×
Q3 24
1.89×
Q2 24
0.75×
Q1 24
-0.18×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LII
LII

Residential Heating And Cooling$699.8M59%
Commercial Heating And Cooling$495.2M41%

MRVL
MRVL

Segment breakdown not available.

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