Is Silicon Laboratories Stock Outperforming Its Rivals?

SLAB: Silicon Laboratories logo
SLAB
Silicon Laboratories

Silicon Labs (SLAB) stock delivered strong returns over the past year, but its future now hinges on the proposed acquisition by Texas Instruments, reported on February 4, 2026. While a look at historical data reveals robust revenue growth, this is contrasted by challenging profitability and a negative P/E ratio. The announced $7.5 billion buyout significantly reshapes its valuation and immediate potential.

  • SLAB’s operating margin of -12.9% is negative, reflecting IoT profitability challenges, while TXN’s 34.8% comes from a strong industrial/automotive focus.
  • SLAB’s revenue growth of 47.1% in the last 12 months, outpacing peers, is driven by robust IoT demand in smart metering and wireless adoption.
  • SLAB’s stock gained 48.9% over the past year, despite a -77.6 PE from unprofitability, and was recently boosted by a significant acquisition offer.

Here’s how Silicon Laboratories stacks up across size, valuation, and profitability versus key peers.

SLAB MCHP NXPI TXN SYNA ADI
Market Cap ($ Bil) 6.7 42.2 57.2 202.6 3.4 157.3
Revenue ($ Bil) 0.7 4.2 12.0 17.3 1.1 11.0
PE Ratio -77.6 -228.2 27.8 40.2 -75.1 69.4
LTM Revenue Growth 47.1% -23.4% -6.8% 9.9% 13.2% 16.9%
LTM Operating Margin -12.9% 3.7% 24.9% 34.8% -6.3% 27.2%
LTM FCF Margin 9.9% 17.9% 14.7% 12.0% 13.0% 38.8%
12M Market Return 48.9% 53.4% 14.2% 27.4% 18.0% 58.1%

For more details on Silicon Laboratories, read Buy or Sell SLAB Stock. Below we compare SLAB’s growth, margin, and valuation with peers across years

Revenue Growth Comparison

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LTM 2025 2024 2023 2022
SLAB 47.1% -25.3% -23.6% 42.1%
MCHP -23.4% -42.3% -9.5% 23.7%
NXPI -6.8% -5.0% 0.5% 19.4%
TXN 9.9% -10.7% -12.5% 9.2%
SYNA 13.2% 12.0% -29.2% -22.1%
ADI 16.9% 16.9% -23.4% 2.4%

Operating Margin Comparison

LTM 2025 2024 2023 2022
SLAB -12.9% -28.3% -3.1% 11.6%
MCHP 3.7% 8.5% 33.5% 36.9%
NXPI 24.9% 27.5% 27.7% 28.7%
TXN 34.8% 34.1% 41.8% 51.9%
SYNA -6.3% -5.9% -7.8% 11.4%
ADI 27.2% 27.2% 22.0% 32.4%

PE Ratio Comparison

LTM 2025 2024 2023 2022
SLAB -77.6 -22.0 -114.5 50.8
MCHP -228.2 -68473.5 16.3 22.2
NXPI 27.8 22.1 19.2 21.6
TXN 40.2 33.0 26.2 17.8
SYNA -75.1 -60.9 23.8 61.4
ADI 69.4 59.1 64.5 30.1

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