ALAB vs CARR
Comparison between Astera Labs Inc (ALAB, Company) and Carrier Global Corp (CARR, Company).
ALAB is from the Technology sector, while CARR is from the Industrials sector.
ALAB vs CARR - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
ALAB
$57B
Winner
CARR
$57B
Max Drawdown
ALAB
63.69%
Winner
CARR
41.60%
Sharpe Ratio
Winner
ALAB
1.85
CARR
0.02
5Y Beta
ALAB
2.56
Winner
CARR
1.13
Industry
ALAB
Semiconductors
CARR
Building Products & Equipment
P/E Ratio
ALAB
209.30
Winner
CARR
34.75
Forward P/E
ALAB
125.00
Winner
CARR
24.94
PEG Ratio
Winner
ALAB
0.39
CARR
1.64
Dividend Yield
ALAB
N/A
CARR
1.33%
5Y Dividends CAGR
ALAB
N/A
CARR
23.62%
Debt to Equity
Winner
ALAB
0.00%
CARR
82.80%
Free Cash Flow Yield
ALAB
0.60%
Winner
CARR
3.72%
P/S Ratio
ALAB
56.63
Winner
CARR
2.58
P/B Ratio
ALAB
37.96
Winner
CARR
4.20
ALAB vs CARR - Historical Returns
Returns include dividend reinvestment.
1M
Winner
ALAB
+79.61%
CARR
+6.63%
3M
Winner
ALAB
+206.21%
CARR
+24.20%
6M
Winner
ALAB
+146.66%
CARR
+33.10%
1Y
Winner
ALAB
+289.18%
CARR
-1.83%
5Y(CAGR)
ALAB
N/A
CARR
+10.27%
Max(CAGR)
Winner
ALAB
+122.08%
CARR
+34.50%
ALAB vs CARR - Annual Returns (2020 - 2026)
Returns include dividend reinvestment.
| Year | ALAB | CARR |
|---|---|---|
| 2026 | +104.47% | +31.66% |
| 2025 | +23.57% | -21.67% |
| 2024 | +113.53% | +22.38% |
| 2023 | N/A | +40.25% |
| 2022 | N/A | -20.16% |
| 2021 | N/A | +48.01% |
| 2020 | N/A | +217.24% |
ALAB vs CARR Drawdown Comparison
The maximum drawdown for ALAB was -63.69%, occurring on Apr 4, 2025. Recovery took 151 trading sessions.
The maximum drawdown for CARR was -40.82%, occurring on Oct 20, 2022. Recovery took 480 trading sessions.
The current ALAB drawdown is -0.09%. The current CARR drawdown is -13.15%.
| Rank | ALAB | CARR |
|---|---|---|
| #1 | -63.69% Dec 26, 2024 - Aug 6, 2025 | -40.82% Aug 27, 2021 - Jul 27, 2023 |
| #2 | -60.19% Sep 18, 2025 - May 20, 2026 | -37.93% Oct 14, 2024 - Nov 20, 2025 |
| #3 | -57.56% Apr 29, 2024 - Nov 5, 2024 | -25.28% Mar 31, 2020 - Apr 29, 2020 |
| #4 | -24.13% Mar 25, 2024 - Apr 29, 2024 | -22.10% Aug 1, 2023 - Mar 7, 2024 |
| #5 | -12.94% Nov 8, 2024 - Nov 21, 2024 | -14.90% Jan 12, 2021 - Mar 29, 2021 |
| #6 | -12.79% Jun 3, 2026 - Jun 11, 2026 | -13.63% Jun 8, 2020 - Jul 10, 2020 |
| #7 | -11.66% Aug 13, 2025 - Sep 8, 2025 | -10.77% Mar 21, 2024 - Apr 26, 2024 |
| #8 | -8.33% May 28, 2026 - Jun 2, 2026 | -10.46% May 8, 2020 - May 20, 2020 |
| #9 | -7.32% Dec 13, 2024 - Dec 20, 2024 | -9.82% Apr 30, 2020 - May 8, 2020 |
| #10 | -7.18% Nov 25, 2024 - Dec 3, 2024 | -9.69% Jul 16, 2024 - Aug 23, 2024 |
| #11 | -3.75% Nov 6, 2024 - Nov 8, 2024 | -9.58% Nov 16, 2020 - Jan 7, 2021 |
| #12 | -3.16% Dec 9, 2024 - Dec 11, 2024 | -9.49% Mar 20, 2020 - Mar 25, 2020 |
| #13 | -2.01% Aug 6, 2025 - Aug 8, 2025 | -7.48% May 21, 2024 - Jul 11, 2024 |
| #14 | -1.77% Nov 21, 2024 - Nov 25, 2024 | -6.56% May 10, 2021 - May 28, 2021 |
| #15 | -1.57% Dec 3, 2024 - Dec 6, 2024 | -6.19% Aug 26, 2020 - Oct 2, 2020 |
Correlation
Correlation between ALAB and CARR is -0.11 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.11
-101
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