Is ALAB or MPWR cheaper?

On trailing earnings, MPWR is cheaper: ALAB trades at a 248.07 P/E and MPWR at 113.72.

Does ALAB or MPWR pay a bigger dividend?

MPWR pays a dividend (0.42% yield) while ALAB does not currently pay one.

Is ALAB or MPWR more profitable?

ALAB runs the higher net margin — ALAB at 26.72% versus MPWR at 22.84%.

Astera Labs, Inc. Common Stock (ALAB) vs Monolithic Power Systems, Inc. (MPWR)

MPWR leads on 9 of 11 compared metrics.

A side-by-side comparison of Astera Labs, Inc. Common Stock and Monolithic Power Systems, Inc. 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

MPWR

Monolithic Power Systems, Inc.

$77.49B

$1577.32Technology

Total return — ALAB vs MPWR

growth of $100 · last 2y

ALAB +491.9%MPWR +136.5%ALAB compounded faster

ALAB MPWR

ALAB vs MPWR: by the numbers

•MPWR is the larger company ($77.49B vs $62.93B market cap).
•MPWR trades at the lower earnings multiple (113.72 vs 248.07 P/E).
•ALAB converts more revenue to profit (26.72% vs 22.84% net margin).
•MPWR pays a dividend (0.42% yield) while ALAB does not currently pay one.

Which is better, ALAB or MPWR?

Metric tally: ALAB 2 · MPWR 9

It depends on what you're optimizing for:

ValueMPWR(lower P/E)

QualityMPWR(higher ROIC)

Valuation

Metric	ALAB	MPWR
P/E ratio	248.07	113.72●
Forward P/E	85.32	52.57●
P/S ratio	66.42	26.27●
P/B ratio	44.52	21.12●
PEG ratio	—	4.00
EV / EBITDA	237.61	87.05●
FCF yield	0.52%	0.81%●

Profitability

Metric	ALAB	MPWR
Gross margin	75.99%●	55.18%
Operating margin	22.36%	27.09%●
Net margin	26.72%●	22.84%
ROE	17.91%	18.37%●
ROIC	12.40%	15.30%●

Dividends

Metric	ALAB	MPWR
Dividend yield	—	0.42%
Payout ratio	—	52.11%

Growth (annualized)

Metric	ALAB	MPWR
Revenue CAGR (5Y)	—	25.95%
EPS CAGR (5Y)	—	28.43%
FCF CAGR (5Y)	—	22.36%
Total return CAGR (5Y)	—	36.32%

Frequently asked

Which is better, ALAB or MPWR?: It depends on your goal. value: MPWR (lower P/E); quality: MPWR (higher ROIC). Across all compared metrics, MPWR leads 9 to 2.
Is ALAB or MPWR cheaper?: On trailing earnings, MPWR is cheaper: ALAB trades at a 248.07 P/E and MPWR at 113.72.
Does ALAB or MPWR pay a bigger dividend?: MPWR pays a dividend (0.42% yield) while ALAB does not currently pay one.
Is ALAB or MPWR more profitable?: ALAB runs the higher net margin — ALAB at 26.72% versus MPWR at 22.84%.

Go deeper

Full ALAB analysis Full MPWR analysis Interactive comparison tool

Dig into the metrics

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

Astera Labs, Inc. Common Stock & Monolithic Power Systems appear in these rankings

Fastest Revenue Growth Stocks 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.