ADI vs. ALAB: Analog Devices vs. Astera Labs Stock Comparison

Company Profile

Analog Devices (ADI) and Astera Labs (ALAB) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

Analog Devices (ADI) carries decades of public-market history since March 17, 1980, while Astera Labs (ALAB) listed on March 20, 2024 — long-window comparisons have far more historical data on the ADI side.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Astera Labs (ALAB) carries a highly aggressive beta of 3.95, indicating much higher sensitivity to broad-market moves, whereas Analog Devices (ADI) is closer to market-like at 1.26 — a noticeable difference in market-sensitivity profile.

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Astera Labs (ALAB) at 28.21% sits in the top ROE quartile, while Analog Devices (ADI) at 12.23% is closer to the peer norm — stronger capital efficiency for ALAB.

For every dollar of sales, both Analog Devices (ADI) at 29.79% and Astera Labs (ALAB) at 29.64% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

Both Analog Devices (ADI) at 39.50% and Astera Labs (ALAB) at 30.61% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

Profitability Metrics

Growth

Astera Labs (ALAB) at 115.13% clears its industry range for revenue growth, far stronger top-line momentum than Analog Devices (ADI) at 16.89%, which is closer to a typical peer reading.

Only one side can be read here: Analog Devices (ADI) reports EPS growth of 39.02%, ranked against its industry; Astera Labs (ALAB) has no EPS growth figure this period.

Growth Metrics

Financial Strength

Astera Labs (ALAB) at 8.03 carries current ratio above its industry’s typical mid-range, while Analog Devices (ADI) at 1.25 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

Astera Labs (ALAB) at 0.02 keeps leverage in the lower industry quartile, while Analog Devices (ADI) at 0.27 runs a more typical debt-to-equity mix.

Financial Strength Metrics

Dividends

Astera Labs (ALAB) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Analog Devices (ADI) reports a yield of 1.19%, ranking against industry peers normally.

Astera Labs (ALAB) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Analog Devices (ADI) reports a payout of 49.64%, ranking against industry peers normally.

Dividend Metrics

Valuation

Analog Devices (ADI) at 43.18 is near its industry’s usual P/E ratio, while Astera Labs (ALAB) at 75.38 sits in the richer quartile — ALAB needs stronger growth or earnings quality to justify the premium.

Both Analog Devices (ADI) at 12.69 and Astera Labs (ALAB) at 21.42 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

Analog Devices (ADI) at 5.25 sits near its industry’s typical P/B ratio, while Astera Labs (ALAB) at 16.67 prices above its benchmark range — ALAB looks rich relative to book.

Valuation Metrics