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
Winner
ALAB
$55B
CARR
$55B
Max Drawdown
ALAB
63.69%
Winner
CARR
41.60%
Sharpe Ratio
Winner
ALAB
1.35
CARR
0.01
5Y Beta
ALAB
2.75
Winner
CARR
1.14
Industry
ALAB
Semiconductors
CARR
Building Products & Equipment
P/E Ratio
ALAB
147.76
Winner
CARR
33.45
Forward P/E
ALAB
105.26
Winner
CARR
22.27
PEG Ratio
Winner
ALAB
0.58
CARR
1.47
Dividend Yield
ALAB
N/A
CARR
1.44%
5Y Dividends CAGR
ALAB
N/A
CARR
21.60%
Debt to Equity
Winner
ALAB
0.00%
CARR
82.80%
Free Cash Flow Yield
ALAB
0.50%
Winner
CARR
3.86%
P/S Ratio
ALAB
54.50
Winner
CARR
2.44
P/B Ratio
ALAB
35.71
Winner
CARR
3.88
ALAB vs CARR - Historical Returns
Returns include dividend reinvestment.
1M
ALAB
-23.40%
Winner
CARR
-8.43%
3M
Winner
ALAB
+54.97%
CARR
-5.46%
6M
Winner
ALAB
+95.17%
CARR
+0.79%
1Y
Winner
ALAB
+90.09%
CARR
-1.76%
5Y(CAGR)
ALAB
N/A
CARR
+4.08%
Max(CAGR)
Winner
ALAB
+102.27%
CARR
+31.79%
ALAB vs CARR - Annual Returns (2020 - 2026)
Returns include dividend reinvestment.
| Year | ALAB | CARR |
|---|---|---|
| 2026 | +84.62% | +20.90% |
| 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 -31.37%. The current CARR drawdown is -20.25%.
| 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 | -48.30% Jun 30, 2026 - Jul 29, 2026 | -22.10% Aug 1, 2023 - Mar 7, 2024 |
| #5 | -24.13% Mar 25, 2024 - Apr 29, 2024 | -14.90% Jan 12, 2021 - Mar 29, 2021 |
| #6 | -12.94% Nov 8, 2024 - Nov 21, 2024 | -13.63% Jun 8, 2020 - Jul 10, 2020 |
| #7 | -12.79% Jun 3, 2026 - Jun 11, 2026 | -10.77% Mar 21, 2024 - Apr 26, 2024 |
| #8 | -11.66% Aug 13, 2025 - Sep 8, 2025 | -10.46% May 8, 2020 - May 20, 2020 |
| #9 | -10.90% Jun 22, 2026 - Jun 29, 2026 | -9.82% Apr 30, 2020 - May 8, 2020 |
| #10 | -8.33% May 28, 2026 - Jun 2, 2026 | -9.69% Jul 16, 2024 - Aug 23, 2024 |
| #11 | -7.32% Dec 13, 2024 - Dec 20, 2024 | -9.58% Nov 16, 2020 - Jan 7, 2021 |
| #12 | -7.18% Nov 25, 2024 - Dec 3, 2024 | -9.49% Mar 20, 2020 - Mar 25, 2020 |
| #13 | -7.06% Jun 15, 2026 - Jun 18, 2026 | -7.48% May 21, 2024 - Jul 11, 2024 |
| #14 | -3.75% Nov 6, 2024 - Nov 8, 2024 | -6.56% May 10, 2021 - May 28, 2021 |
| #15 | -3.16% Dec 9, 2024 - Dec 11, 2024 | -6.19% Aug 26, 2020 - Oct 2, 2020 |
Correlation
Correlation between ALAB and CARR is 0.00 which considered as a very weak or no correlation - the stocks move independently of each other.
0.00
-101
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