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Side-by-side financial comparison of Astera Labs, Inc. (ALAB) and American Homes 4 Rent (AMH). Click either name above to swap in a different company.

American Homes 4 Rent is the larger business by last-quarter revenue ($455.0M vs $270.6M, roughly 1.7× Astera Labs, Inc.). American Homes 4 Rent runs the higher net margin — 31.7% vs 16.6%, a 15.1% gap on every dollar of revenue. On growth, Astera Labs, Inc. posted the faster year-over-year revenue change (91.8% vs 4.2%). American Homes 4 Rent produced more free cash flow last quarter ($823.7M vs $76.6M). Over the past eight quarters, Astera Labs, Inc.'s revenue compounded faster (103.6% CAGR vs 3.6%).

Astera Labs, Inc. is an American fabless semiconductor manufacturer and artificial intelligence company. The company specializes in designing high-speed connectivity solutions for data centers and AI infrastructure. The company has been listed on the Nasdaq since March 2024.

American Homes 4 Rent, doing business as AMH, is a real estate investment trust based in Las Vegas, Nevada, that invests in single-family rental homes. As of December 31, 2019, the company owned 52,552 homes in 22 states. Its largest concentrations are in Atlanta, Dallas-Fort Worth, and Charlotte, North Carolina.

ALAB vs AMH — Head-to-Head

Bigger by revenue
AMH
AMH
1.7× larger
AMH
$455.0M
$270.6M
ALAB
Growing faster (revenue YoY)
ALAB
ALAB
+87.6% gap
ALAB
91.8%
4.2%
AMH
Higher net margin
AMH
AMH
15.1% more per $
AMH
31.7%
16.6%
ALAB
More free cash flow
AMH
AMH
$747.1M more FCF
AMH
$823.7M
$76.6M
ALAB
Faster 2-yr revenue CAGR
ALAB
ALAB
Annualised
ALAB
103.6%
3.6%
AMH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALAB
ALAB
AMH
AMH
Revenue
$270.6M
$455.0M
Net Profit
$45.0M
$144.3M
Gross Margin
75.6%
Operating Margin
24.7%
Net Margin
16.6%
31.7%
Revenue YoY
91.8%
4.2%
Net Profit YoY
82.0%
0.3%
EPS (diluted)
$0.25
$0.33

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALAB
ALAB
AMH
AMH
Q4 25
$270.6M
$455.0M
Q3 25
$230.6M
$478.5M
Q2 25
$191.9M
$457.5M
Q1 25
$159.4M
$459.3M
Q4 24
$141.1M
$436.6M
Q3 24
$113.1M
$445.1M
Q2 24
$76.8M
$423.5M
Q1 24
$65.3M
$423.6M
Net Profit
ALAB
ALAB
AMH
AMH
Q4 25
$45.0M
$144.3M
Q3 25
$91.1M
$116.8M
Q2 25
$51.2M
$123.6M
Q1 25
$31.8M
$128.7M
Q4 24
$24.7M
$143.9M
Q3 24
$-7.6M
$87.6M
Q2 24
$-7.5M
$108.5M
Q1 24
$-93.0M
$128.1M
Gross Margin
ALAB
ALAB
AMH
AMH
Q4 25
75.6%
Q3 25
76.2%
Q2 25
75.8%
Q1 25
74.9%
Q4 24
74.0%
Q3 24
77.7%
Q2 24
77.9%
Q1 24
77.4%
Operating Margin
ALAB
ALAB
AMH
AMH
Q4 25
24.7%
Q3 25
24.0%
Q2 25
20.7%
Q1 25
7.1%
Q4 24
0.1%
Q3 24
-7.9%
Q2 24
-31.7%
Q1 24
-127.1%
Net Margin
ALAB
ALAB
AMH
AMH
Q4 25
16.6%
31.7%
Q3 25
39.5%
24.4%
Q2 25
26.7%
27.0%
Q1 25
20.0%
28.0%
Q4 24
17.5%
33.0%
Q3 24
-6.7%
19.7%
Q2 24
-9.8%
25.6%
Q1 24
-142.5%
30.2%
EPS (diluted)
ALAB
ALAB
AMH
AMH
Q4 25
$0.25
$0.33
Q3 25
$0.50
$0.27
Q2 25
$0.29
$0.28
Q1 25
$0.18
$0.30
Q4 24
$1.23
$0.33
Q3 24
$-0.05
$0.20
Q2 24
$-0.05
$0.25
Q1 24
$-1.77
$0.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALAB
ALAB
AMH
AMH
Cash + ST InvestmentsLiquidity on hand
$167.6M
$108.5M
Total DebtLower is stronger
$5.1B
Stockholders' EquityBook value
$1.4B
$7.0B
Total Assets
$1.5B
$13.2B
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALAB
ALAB
AMH
AMH
Q4 25
$167.6M
$108.5M
Q3 25
$140.4M
$45.6M
Q2 25
$162.3M
$323.3M
Q1 25
$86.4M
$69.7M
Q4 24
$79.6M
$199.4M
Q3 24
$126.1M
$162.5M
Q2 24
$421.1M
$718.4M
Q1 24
$696.1M
$124.8M
Total Debt
ALAB
ALAB
AMH
AMH
Q4 25
$5.1B
Q3 25
$4.8B
Q2 25
$5.2B
Q1 25
$4.9B
Q4 24
$5.0B
Q3 24
$4.5B
Q2 24
$5.0B
Q1 24
$4.5B
Stockholders' Equity
ALAB
ALAB
AMH
AMH
Q4 25
$1.4B
$7.0B
Q3 25
$1.3B
$7.2B
Q2 25
$1.1B
$7.2B
Q1 25
$1.0B
$7.2B
Q4 24
$964.8M
$7.2B
Q3 24
$889.6M
$7.0B
Q2 24
$845.3M
$7.0B
Q1 24
$808.8M
$7.0B
Total Assets
ALAB
ALAB
AMH
AMH
Q4 25
$1.5B
$13.2B
Q3 25
$1.4B
$13.3B
Q2 25
$1.3B
$13.6B
Q1 25
$1.1B
$13.3B
Q4 24
$1.1B
$13.4B
Q3 24
$983.1M
$12.8B
Q2 24
$915.5M
$13.3B
Q1 24
$864.9M
$12.8B
Debt / Equity
ALAB
ALAB
AMH
AMH
Q4 25
0.72×
Q3 25
0.68×
Q2 25
0.72×
Q1 25
0.69×
Q4 24
0.70×
Q3 24
0.64×
Q2 24
0.71×
Q1 24
0.64×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALAB
ALAB
AMH
AMH
Operating Cash FlowLast quarter
$95.3M
$864.3M
Free Cash FlowOCF − Capex
$76.6M
$823.7M
FCF MarginFCF / Revenue
28.3%
181.0%
Capex IntensityCapex / Revenue
6.9%
8.9%
Cash ConversionOCF / Net Profit
2.12×
5.99×
TTM Free Cash FlowTrailing 4 quarters
$281.8M
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALAB
ALAB
AMH
AMH
Q4 25
$95.3M
$864.3M
Q3 25
$78.2M
$223.3M
Q2 25
$135.4M
$271.9M
Q1 25
$10.5M
$223.4M
Q4 24
$39.7M
$811.5M
Q3 24
$63.5M
$233.6M
Q2 24
$29.8M
$274.0M
Q1 24
$3.7M
$201.8M
Free Cash Flow
ALAB
ALAB
AMH
AMH
Q4 25
$76.6M
$823.7M
Q3 25
$65.9M
$214.5M
Q2 25
$133.3M
$257.7M
Q1 25
$6.0M
$215.9M
Q4 24
$24.3M
$777.5M
Q3 24
$46.8M
$225.3M
Q2 24
$28.5M
$263.3M
Q1 24
$228.0K
$191.0M
FCF Margin
ALAB
ALAB
AMH
AMH
Q4 25
28.3%
181.0%
Q3 25
28.6%
44.8%
Q2 25
69.5%
56.3%
Q1 25
3.7%
47.0%
Q4 24
17.2%
178.1%
Q3 24
41.4%
50.6%
Q2 24
37.1%
62.2%
Q1 24
0.3%
45.1%
Capex Intensity
ALAB
ALAB
AMH
AMH
Q4 25
6.9%
8.9%
Q3 25
5.3%
1.8%
Q2 25
1.1%
3.1%
Q1 25
2.8%
1.6%
Q4 24
10.9%
7.8%
Q3 24
14.8%
1.9%
Q2 24
1.7%
2.5%
Q1 24
5.2%
2.6%
Cash Conversion
ALAB
ALAB
AMH
AMH
Q4 25
2.12×
5.99×
Q3 25
0.86×
1.91×
Q2 25
2.64×
2.20×
Q1 25
0.33×
1.74×
Q4 24
1.61×
5.64×
Q3 24
2.67×
Q2 24
2.52×
Q1 24
1.58×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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