ALAB vs. ARM: Astera Labs vs. Arm Holdings Stock Comparison

November 11, 2026

How do Astera Labs (ALAB) and Arm Holdings (ARM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

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

Astera Labs (ALAB) trades as ordinary local shares, while Arm Holdings (ARM) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Astera Labs (ALAB) and Arm Holdings (ARM)
Profile Item	ALAB	ARM
Name	Astera Labs, Inc.	Arm Holdings plc ADR
Country/Region	United States	United Kingdom
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Industry	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Sub-Industry	Semiconductors	Semiconductors
Market Capitalization	33.33 billion USD	186.84 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	March 20, 2024	September 14, 2023
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

ALAB

ARM

GSPC

Astera Labs (ALAB) vs. Arm Holdings (ARM), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Astera Labs (ALAB) and Arm Holdings (ARM). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Astera Labs (ALAB) and Arm Holdings (ARM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Astera Labs (ALAB) and Arm Holdings (ARM)
Metric	ALAB	ARM
Total Return (1Y)	31.42%	23.60%
Total Return (3Y, Annualized)	--	53.99%
Total Return (5Y, Annualized)	--	--

Risk Profile

Drawdown History

ALAB

ARM

GSPC

Astera Labs (ALAB) vs. Arm Holdings (ARM), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for Astera Labs (ALAB) and Arm Holdings (ARM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Astera Labs (ALAB) and Arm Holdings (ARM)
Metric	ALAB	ARM
Volatility (1Y, Annualized)	101.55%	82.24%
Beta (5Y)	3.95	3.92
Max Drawdown (5Y)	-63.69%	-62.06%
Avg. Volume (3M)	4.15M	5.05M

Risk-Adjusted Performance

Risk-Return Positioning

ALAB and ARM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Astera Labs (ALAB) and Arm Holdings (ARM)
Metric	ALAB	ARM
Sharpe Ratio (1Y)	0.27	0.23
Sortino Ratio (1Y)	0.39	0.38

Profitability

ROE (TTM)

Astera Labs (ALAB) at 28.21% sits in the top ROE quartile, while Arm Holdings (ARM) at 11.35% is closer to the peer norm — stronger capital efficiency for ALAB.

ALAB

Semiconductors & Semiconductor Equipment industry group

28.21%

Max: 52.82%
ALAB: 28.21%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

ARM

Semiconductors & Semiconductor Equipment industry group

11.35%

Max: 52.82%
Q3: 22.26%
ARM: 11.35%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

Astera Labs (ALAB) vs. Arm Holdings (ARM): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

Astera Labs (ALAB) at 29.64% retains a top-quartile share of revenue as profit, ahead of Arm Holdings (ARM) at 17.13%, which keeps about the industry-typical share.

ALAB

Semiconductors & Semiconductor Equipment industry group

29.64%

Max: 63.80%
ALAB: 29.64%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

ARM

Semiconductors & Semiconductor Equipment industry group

17.13%

Max: 63.80%
Q3: 28.36%
ARM: 17.13%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

Astera Labs (ALAB) vs. Arm Holdings (ARM): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Astera Labs (ALAB) at 30.61% operates in the top operating margin quartile, ahead of Arm Holdings (ARM) at 13.93%, which runs around its industry’s norm.

ALAB

Semiconductors & Semiconductor Equipment industry group

30.61%

Max: 58.66%
ALAB: 30.61%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

ARM

Semiconductors & Semiconductor Equipment industry group

13.93%

Max: 58.66%
Q3: 30.23%
Median: 15.91%
ARM: 13.93%
Q1: 7.54%
Min: -25.74%

Astera Labs (ALAB) vs. Arm Holdings (ARM): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Astera Labs (ALAB) and Arm Holdings (ARM)
Metric	ALAB	ARM
ROE (TTM)	28.21%	11.35%
ROA (TTM)	13.41%	5.50%
Net Margin (TTM)	29.64%	17.13%
Operating Margin (TTM)	30.61%	13.93%
Gross Margin (TTM)	73.89%	97.44%

Growth

Revenue Growth

Astera Labs (ALAB) at 115.13% clears its industry range for revenue growth, far stronger top-line momentum than Arm Holdings (ARM) at 22.79%, which is closer to a typical peer reading.

Astera Labs (ALAB) vs. Arm Holdings (ARM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Arm Holdings (ARM) reports EPS growth of 13.33%, ranked against its industry; Astera Labs (ALAB) has no EPS growth figure this period.

Astera Labs (ALAB) vs. Arm Holdings (ARM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Astera Labs (ALAB) and Arm Holdings (ARM)
Metric	ALAB	ARM
Revenue Growth (YoY)	115.13%	22.79%
Revenue Growth (3Y CAGR)	120.18%	22.46%
EPS Growth (YoY)	--	13.33%
EPS Growth (3Y CAGR)	--	18.51%

Financial Strength

Current Ratio (MRQ)

Both Astera Labs (ALAB) at 8.03 and Arm Holdings (ARM) at 6.35 post current ratio above their industries’ typical mid-ranges — short-term liquidity appears comfortable, though unusually high readings can point to idle current assets.

ALAB

Semiconductors & Semiconductor Equipment industry group

8.03

Max: 10.33
ALAB: 8.03
Q3: 5.62
Median: 3.33
Q1: 2.35
Min: 1.03

ARM

Semiconductors & Semiconductor Equipment industry group

6.35

Max: 10.33
ARM: 6.35
Q3: 5.62
Median: 3.33
Q1: 2.35
Min: 1.03

Astera Labs (ALAB) vs. Arm Holdings (ARM): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Astera Labs (ALAB) at 0.02 keeps leverage in the lower industry quartile, while Arm Holdings (ARM) at 0.06 runs a more typical debt-to-equity mix.

ALAB

Semiconductors & Semiconductor Equipment industry group

0.02

Max: 1.46
Q3: 0.65
Median: 0.27
Q1: 0.04
ALAB: 0.02
Min: 0.00

ARM

Semiconductors & Semiconductor Equipment industry group

0.06

Max: 1.46
Q3: 0.65
Median: 0.27
ARM: 0.06
Q1: 0.04
Min: 0.00

Astera Labs (ALAB) vs. Arm Holdings (ARM): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Astera Labs (ALAB) and Arm Holdings (ARM)
Metric	ALAB	ARM
Current Ratio (MRQ)	8.03	6.35
Debt / Equity (MRQ)	0.02	0.06
Net Debt / EBITDA	-3.23	-2.77

Dividends

Dividend Yield (TTM)

Neither Astera Labs (ALAB) nor Arm Holdings (ARM) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

ALAB

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 1.37%
Q3: 0.65%
ALAB: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ARM

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 1.37%
Q3: 0.65%
ARM: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Astera Labs (ALAB) vs. Arm Holdings (ARM): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Astera Labs (ALAB) nor Arm Holdings (ARM) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

ALAB

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 49.64%
Q3: 21.71%
ALAB: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ARM

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 49.64%
Q3: 21.71%
ARM: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Astera Labs (ALAB) vs. Arm Holdings (ARM): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Astera Labs (ALAB) and Arm Holdings (ARM)
Metric	ALAB	ARM
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

Both look expensive on trailing earnings: Astera Labs (ALAB) at 75.38 sits in the richer P/E ratio quartile, and Arm Holdings (ARM) at 200.71 is richer still, above its industry range.

ALAB

Semiconductors & Semiconductor Equipment industry group

75.38

Max: 110.34
ALAB: 75.38
Q3: 66.81
Median: 37.02
Q1: 23.96
Min: 8.12

ARM

Semiconductors & Semiconductor Equipment industry group

200.71

ARM: 200.71
Max: 110.34
Q3: 66.81
Median: 37.02
Q1: 23.96
Min: 8.12

Astera Labs (ALAB) vs. Arm Holdings (ARM): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

Both look expensive on sales: Astera Labs (ALAB) at 21.42 sits in the upper P/S ratio quartile, and Arm Holdings (ARM) at 34.20 prices even higher, above its industry range.

ALAB

Semiconductors & Semiconductor Equipment industry group

21.42

ALAB: 21.42
Max: 21.42
Q3: 12.27
Median: 5.76
Q1: 2.73
Min: 0.00

ARM

Semiconductors & Semiconductor Equipment industry group

34.20

ARM: 34.20
Max: 21.42
Q3: 12.27
Median: 5.76
Q1: 2.73
Min: 0.00

Astera Labs (ALAB) vs. Arm Holdings (ARM): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

Measured against book value, both Astera Labs (ALAB) at 16.67 and Arm Holdings (ARM) at 20.56 look expensive — each P/B ratio sits above its industry’s benchmark range.

ALAB

Semiconductors & Semiconductor Equipment industry group

16.67

ALAB: 16.67
Max: 14.06
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

ARM

Semiconductors & Semiconductor Equipment industry group

20.56

ARM: 20.56
Max: 14.06
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

Astera Labs (ALAB) vs. Arm Holdings (ARM): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Astera Labs (ALAB) and Arm Holdings (ARM)
Metric	ALAB	ARM
P/E Ratio (TTM)	75.38	200.71
P/S Ratio (TTM)	21.42	34.20
P/B Ratio (MRQ)	16.67	20.56
Free Cash Flow Yield (TTM)	0.39%	0.61%