COMP <GO>
MCHP vs ALAB // OPERATING MARGIN
Microchip Technology Incorporated (NASDAQ) VS. Astera Labs Inc. (NASDAQ) • 15-METRIC TALLY: MCHP 4
— ALAB 8
▲ OPERATING MARGIN LEADER: ALAB
LAST: $81.12 (+1.87%) • MKT CAP: $44.05B
operating-margins
10.40%
LAST: $290.43 (-2.28%) • MKT CAP: $50.39B
operating-margins
20.30%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MCHP VS. ALAB)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | MCHP | ALAB | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 57.70% | 75.70% | -18.00 | ALAB | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 3.30% | 3.40% | -0.10 | ALAB | /roic <GO> |
| EV/EBITDA & P/E Valuation | 86.6x | 95.0x | -8.40 | MCHP | /valuation <GO> |
| Free Cash Flow Yield | 1.98% | 0.56% | +1.42 | MCHP | /fcf-yield <GO> |
| Operating Margin ACTIVE | 10.40% | 20.30% | -9.90 | ALAB | /operating-margins <GO> |
| Net Profit Margin | 4.90% | 25.70% | -20.80 | ALAB | /net-margins <GO> |
| Revenue Growth (YoY) | 7.10% | 115.10% | -108.00 | ALAB | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 2.23% | 0.00% | +2.23 | MCHP | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 4.88 | 26.00 | -21.12 | ALAB | /balance-sheet <GO> |
| Piotroski F-Score Quality | 9/9 | 9/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 58.6 | 47.4 | +11.20 | MCHP | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.22 | 1.34 | -0.12 | ALAB | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $44.05B | $50.39B | -$6.34B | ALAB | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | MCHP REV | ALAB REV | MCHP GROSS % | ALAB GROSS % | MCHP FCF | ALAB FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $4.71B | $852.5M | 57.7% | 75.7% | $871.0M | $281.8M |
| FY 2024 | $4.40B | $396.3M | 56.1% | 76.4% | $772.1M | $102.4M |
| FY 2023 | $7.63B | $115.8M | — | — | $2.55B | -$17.9M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
MCHP // BETA 1.22
ALAB // BETA 1.34