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← CockpitCompetitor Analysis › SLAB Silicon Laboratories Inc.Open in the cockpit ↗

Silicon Laboratories Inc.SLABCompetitor analysis, valuation and peers

United States · USD·Information Technology›Semiconductors

Makes low-power wireless and IoT microcontroller chips for smart-home, industrial and commercial IoT devices.

Momentum neutral 58
Mkt cap
$7.39B
US dollars, full cap
Free float
98%
of shares outstanding
$/day
$81.3M
20-day average traded
Fwd P/E
60.3×
forward earnings
ROIC−WACC
-13.4 pp
WACC 10.9%
Hurdle
n/a
no reverse DCF
Next earnings
89 days
3 Feb 2027
Close · USD$221.50
1D+0.1%
1W-0.4%
1M-0.1%
3M+1.4%
6M+1.9%
YTD+69.5%
1Y+71.0%
ATR %0.4%
Beta0.28
52w lowhigh0.9% off high

What Silicon Laboratories does

Makes low-power wireless and IoT microcontroller chips for smart-home, industrial and commercial IoT devices.

Designs chips but has others make them, and sells mainly through distributors to makers of connected devices, whose designs then run for years, so each design win turns into steady chip orders. It sold its infrastructure and automotive units to Skyworks in 2021 and now concentrates on IoT, a market of many small customers.

Products and services

  • Wireless IoT SoCs (Zigbee, Bluetooth, Thread, Matter)
  • 32-bit microcontrollers

Customers

  • Smart-home, industrial and commercial IoT device m

Where it sits in the supply chain

  • Semiconductors
  • IoT chips
  • Wireless microcontrollers

What could go right

  • Smart-home/Matter ecosystem adoption
  • Industrial IoT connectivity growth

What could go wrong

  • IoT design cycle/inventory volatility
  • Fragmented, price-competitive IoT chip market

Moat: narrow (IP / patents, installed base). Broad multi-protocol wireless IoT portfolio and developer ecosystem, though IoT semis are fragmented and competitive.

Headquarters: Austin, Texas, United States · Founded: 1996 · Employees: 1,930

Named competitors

Silicon Laboratories at a glance

Size Silicon Laboratories (SLAB) is a United States Information Technology company (Semiconductors) with a market value of $7.39B, the 933rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $221.50 on 6 Nov 2026.

Performance Over six months the shares gained 1.9%, against -28.1% for the median peer and -1.1% for the United States market (cap-weighted) — 4th highest of 21 in its peer set.

Growth Revenue grew 21.7% over the last twelve months (peer median +19.8%); the operating margin is -2.6% (peer median 11.6%).

Valuation It trades at 60.3× forward earnings against a peer median of 19.7× (2nd most expensive of 18).

Capital Return on invested capital runs 13.4 points below its cost of capital (10.9% WACC).

Short interest Short interest is 5.4% of the free float (15 Oct 2026).

Next results Next results expected around 3 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026SLAB 102Peer median 68
Six months, rebased to 100: Silicon Laboratories against the median of its 20 peers (local-currency closes).

Silicon Laboratories financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$856M$785M$584M$782M$1.02B
Revenue growth—+34%-25%-24%—
Gross profit$506M$444M$289M$435M$608M
EBITDA$10.8M-$32.5M-$117M$26.9M$176M
Net income-$39.1M-$64.9M-$191M-$34.5M$91.4M
Free cash flow-$5.43M$65.8M-$25.7M-$52.6M$45.3M
Capital expenditure$42.5M$33.9M$11.7M$22.8M$26.5M
Total debt$0$24.0M$21.4M$72.0M$554M

Quarterly statements and history in the cockpit →

Silicon Laboratories competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-60%-40%-20%0%-40%-20%0%WAAREEENER366167703002230021856882136479600703RMBS53476963300666001309688223300751AMKR688521300661002049FORMSLAB6-month return →1-month return →
Up and to the right = strong over both horizons. Silicon Laboratories is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%+300%20×40×60×WAAREEENER366167703002230021856882136479RMBS6963300666001309300751300661SLABRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Silicon Laboratories is the large dot.

Silicon Laboratories competitors and peer comparison

Head to head with its named competitors (SLAB vs NOD.OL vs NXPI vs 688018.SS)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Silicon Laboratories SLAB$7.39B+2%+22%-3%60.3×n/a
Nordic Semiconductor NOD.OL$3.62B-12%+15%8%54.6×n/a
NXP Semiconductors NXPI$62.6B-15%+15%30%14.1×16.3%
Espressif Systems (Shanghai) 688018.SS$5.61B+30%+23%19%48.8×36.0%

How Silicon Laboratories compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Silicon Laboratories against its 20 peers (data as of 6 Nov 2026)
MeasureSLABPeer medianRank in peer set
1-month return-0.1%-25.5%4th highest of 21
6-month return+1.9%-28.1%4th highest of 21
Distance from 52-week high-0.9%-51.6%highest of 21
Revenue growth (TTM)+21.7%+19.8%11th highest of 21
Operating margin-2.6%11.6%5th lowest of 21
Forward P/E60.3×19.7×2nd most expensive of 18
ROIC minus cost of capital-13.4 pp-2.8 pp3rd lowest of 21
Net debt / EBITDA-36.7×-0.9×least indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Silicon Laboratories SLABUnited States$7.39B+2%+22%-3%60.3×n/an/a
WAAREE Energies WAAREEENER.NSIndia$7.41B-24%+75%16%17.3×n/an/a
Alchip Technologies Limitd 3661.TWTaiwan$7.35B-32%-51%23%14.4×n/an/a
Powerchip Semiconductor Manufacturing 6770.TWTaiwan$7.54B-5%+22%-5%7.6×11.3%+0.5%
Ingenic Semiconductor 300223.SZChina$7.59B-15%+89%35%16.7×21.3%+16.9%
Tianshui Huatian Technology 002185.SZChina$7.74B+10%+33%4%45.0×n/an/a
Smartsens Technology (Shanghai) 688213.SSChina$7.01B+21%+27%13%30.9×23.1%+42.7%
Minebea Mitsumi 6479.TJapan$6.97B-13%+12%7%11.9×10.8%+11.0%
Sanan Optoelectronics 600703.SSChina$6.87B-33%-22%-7%n/an/an/a
RMBS RMBSUnited States$7.98B-42%+17%37%19.9×24.5%+23.5%
Vanguard International Semiconductor 5347.TWOTaiwan$6.82B-22%+10%17%17.7×n/an/a
Rohm 6963.TJapan$6.76B-19%+12%4%24.3×n/an/a
Konfoong Materials International 300666.SZChina$8.09B+9%+35%10%53.5×n/an/a
Shenzhen Techwinsemi Technology 001309.SZChina$8.12B-64%+317%35%6.7×n/an/a
Jinko Solar 688223.SSChina$6.73B-34%-18%-11%n/an/an/a
Suzhou Maxwell Technologies 300751.SZChina$6.72B-33%-26%6%72.0×47.7%+29.0%
Amkor Technology AMKRUnited States$8.13B-57%+16%10%12.1×n/an/a
VeriSilicon Microelectronics (Shanghai) 688521.SSChina$8.31B-63%+39%-23%n/a40.5%+15.9%
SG Micro 300661.SZChina$8.33B-12%+46%17%55.7×35.9%+26.7%
Unigroup Guoxin Microelectronics 002049.SZChina$6.37B-35%-1%18%25.5×24.4%+13.5%
FormFactor FORMUnited States$6.36B-45%+29%21%19.7×22.4%+2.5%

Questions

Who are Silicon Laboratories's main competitors?
Named competitors: Nordic Semiconductor (NOD.OL), NXP Semiconductors (NXPI), Espressif Systems (688018.SS). The cockpit's measured peer set (industry) also includes WAAREE Energies (WAAREEENER.NS), Alchip Technologies Limitd (3661.TW), Powerchip Semiconductor Manufacturing (6770.TW), Ingenic Semiconductor (300223.SZ), Tianshui Huatian Technology (002185.SZ), Smartsens Technology (Shanghai) (688213.SS).
Is Silicon Laboratories expensive compared with its peers?
On forward p/e it trades at 60.3× against a peer median of 19.7×, 2nd most expensive of 18 in its peer set.
How has Silicon Laboratories stock performed?
Over six months to 6 Nov 2026 the shares returned +1.9% against -28.1% for the median peer; over one year +71.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.