Astera Labs (ALAB) vs Monolithic Power Systems (MPWR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Astera Labs (ALAB) has outperformed Monolithic Power Systems (MPWR) over the past year, gaining 80.2% versus a gain of 50.8%. Monolithic Power Systems is the larger company by market cap ($66.82 billion vs $60.55 billion), about 1.1 times the size, while Astera Labs is growing revenue faster (+115.1% vs +26.4%). On valuation, Monolithic Power Systems trades at a lower forward P/E (38.9x vs 54.6x for Astera Labs).
Monolithic Power Systems pays a dividend yielding 0.52%, while Astera Labs does not currently pay one. Astera Labs converts more of its revenue into profit, with a net margin of 25.7% versus 22.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ALAB | MPWR |
|---|---|---|
| Share price | $349.01 | $1,359.66 |
| Market cap | $60.55B | $66.82B |
| 1-day change | -8.70% | -4.65% |
| YTD return | +129.77% | +57.33% |
| 1-year return | +80.22% | +50.82% |
| 5-year return | — | +196.44% |
| P/E ratio (TTM) | 171.93 | 82.70 |
| Forward P/E | 54.59 | 38.87 |
| EPS (TTM) | $2.03 | $16.44 |
| Dividend yield | 0.00% | 0.52% |
| Annual dividend | $0.00 | $7.12 |
| Revenue (latest FY) | $852.52M | $2.79B |
| Revenue growth (YoY) | +115.13% | +26.43% |
| Net income (latest FY) | $219.13M | $621.48M |
| Gross margin | 75.69% | 55.18% |
| Operating margin | 20.34% | 26.11% |
| Net margin | 25.70% | 22.27% |
| 52-week high | $499.48 | $1,714.09 |
| 52-week low | $97.89 | $833.18 |
| Distance from 52-week high | -30.12% | -20.68% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +11.73% | +35.31% |
| Average volume | 4.17M | 741.76K |
| Shares outstanding | 173.49M | 49.14M |
| Employees | 756 | 4,501 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ALAB has outperformed MPWR by 29.4 percentage points over the past year.
- Astera Labs trades at a higher earnings multiple (171.9x vs 82.7x trailing P/E).
- Astera Labs grew revenue faster in its latest fiscal year (+115.13% vs +26.43%).
About Astera Labs
ALAB stock →Astera Labs, Inc. designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure in Taiwan and the United States.
Technology · Semiconductors · 756 employees
About Monolithic Power Systems
MPWR stock →Monolithic Power Systems, Inc. provides semiconductor-based power electronics solutions in China, Taiwan, South Korea, Southeast Asia, Europe, the United States, Japan, and internationally.
Technology · Semiconductors · 4,501 employees
ALAB vs MPWR FAQ
Which is bigger, Astera Labs or Monolithic Power Systems?
Monolithic Power Systems (MPWR) is larger, with a market capitalization of $66.82B compared with $60.55B for Astera Labs (ALAB).
Which stock has performed better over the past year, ALAB or MPWR?
ALAB returned +80.22% over the past 12 months, compared with +50.82% for MPWR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ALAB or MPWR?
MPWR has the lower trailing P/E at 82.7, versus 171.9 for ALAB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Astera Labs or Monolithic Power Systems?
Monolithic Power Systems pays a dividend yielding 0.52%, while Astera Labs does not currently pay a regular dividend.
Are Astera Labs and Monolithic Power Systems in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.