Is ALAB or MCHP cheaper?

On trailing earnings, ALAB is cheaper: ALAB trades at a 248.07 P/E and MCHP at 359.53.

Does ALAB or MCHP pay a bigger dividend?

MCHP pays a dividend (1.91% yield) while ALAB does not currently pay one.

Is ALAB or MCHP more profitable?

ALAB runs the higher net margin — ALAB at 26.72% versus MCHP at 4.29%.

Astera Labs, Inc. Common Stock (ALAB) vs Microchip Technology Incorporated (MCHP)

ALAB leads on 6 of 10 compared metrics.

A side-by-side comparison of Astera Labs, Inc. Common Stock and Microchip Technology Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

ALAB

Astera Labs, Inc. Common Stock

$62.93B

$367.15Technology

MCHP

Microchip Technology Incorporated

$51.63B

$95.24Technology

Total return — ALAB vs MCHP

growth of $100 · last 2y

ALAB +491.9%MCHP +9.1%ALAB compounded faster

Log scale — wide-divergence pair

ALAB MCHP

ALAB vs MCHP: by the numbers

•ALAB is the larger company ($62.93B vs $51.63B market cap).
•ALAB trades at the lower earnings multiple (248.07 vs 359.53 P/E).
•ALAB converts more revenue to profit (26.72% vs 4.29% net margin).
•MCHP pays a dividend (1.91% yield) while ALAB does not currently pay one.

Which is better, ALAB or MCHP?

Metric tally: ALAB 6 · MCHP 4

It depends on what you're optimizing for:

ValueALAB(lower P/E)

QualityALAB(higher ROIC)

Valuation

Metric	ALAB	MCHP
P/E ratio	248.07●	359.53
Forward P/E	85.32	—
P/S ratio	66.42	11.07●
P/B ratio	44.52	8.11●
PEG ratio	—	519.48
EV / EBITDA	237.61	80.79●
FCF yield	0.52%	1.67%●

Profitability

Metric	ALAB	MCHP
Gross margin	75.99%●	57.73%
Operating margin	22.36%●	10.40%
Net margin	26.72%●	4.29%
ROE	17.91%●	3.14%
ROIC	12.40%●	3.11%

Dividends

Metric	ALAB	MCHP
Dividend yield	—	1.91%
Payout ratio	—	674.07%

Growth (annualized)

Metric	ALAB	MCHP
Revenue CAGR (5Y)	—	-2.82%
EPS CAGR (5Y)	—	-16.62%
FCF CAGR (5Y)	—	-13.74%
Total return CAGR (5Y)	—	6.56%

Frequently asked

Which is better, ALAB or MCHP?: It depends on your goal. value: ALAB (lower P/E); quality: ALAB (higher ROIC). Across all compared metrics, ALAB leads 6 to 4.
Is ALAB or MCHP cheaper?: On trailing earnings, ALAB is cheaper: ALAB trades at a 248.07 P/E and MCHP at 359.53.
Does ALAB or MCHP pay a bigger dividend?: MCHP pays a dividend (1.91% yield) while ALAB does not currently pay one.
Is ALAB or MCHP more profitable?: ALAB runs the higher net margin — ALAB at 26.72% versus MCHP at 4.29%.

Go deeper

Full ALAB analysis Full MCHP analysis Interactive comparison tool

Dig into the metrics

Astera Labs, Inc. Common Stock P/E ratio Microchip Technology P/E ratio Astera Labs, Inc. Common Stock dividend yield Microchip Technology dividend yield Astera Labs, Inc. Common Stock ROE Microchip Technology ROE Astera Labs, Inc. Common Stock operating margin Microchip Technology operating margin Astera Labs, Inc. Common Stock revenue growth Microchip Technology revenue growth Astera Labs, Inc. Common Stock free cash flow Microchip Technology free cash flow

Astera Labs, Inc. Common Stock & Microchip Technology appear in these rankings

Best 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 14, 2026.