SILICON LABORATORIES INC.
SLAB · Technology · $7.2B mkt cap · FY2025 filings · Shallow moat ·
Doesn't clear the bar
The four filters
Median gross margin 59.0% over 10y, very stable.
Median ROIC -2.1%, above the 9% hurdle in 20% of years.
Net debt/EBITDA n/ax, interest coverage -72x.
Owner earnings trend unclear, share count shrinking (buybacks).
Margin of safety
- Owner earnings (normalized)
- —
- Est. intrinsic value / share
- —
- Recent price
- $217.47
- Discount to value
- No price data
Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).
19 years of fundamentals
The business, in plain English
SILICON LABORATORIES INC. booked $784.8M of revenue in FY2025 in the Technology sector and kept 58.2% of it as gross profit — a high-margin business by that measure. After every other cost, −8.3% of each revenue dollar reached the bottom line.
Across the filed record, revenue grew from $415.6M (FY2008) to $784.8M (FY2025) — about 3.8% a year compounded over 17 years.
It earned −7.6% on invested capital in FY2025, with a median of 6.9% across 18 filed years. The Returns on Capital filter above scores it 7/100.
The balance sheet carried $72.5M of total debt in FY2016. Balance-Sheet Safety scores it 28/100.
The share count fell 28.0% between FY2009 and FY2025 — management has been retiring shares, which concentrates each remaining owner's claim. Capital Discipline scores it 64/100.
Put together: Pricing Power is the strongest of the four filters (97/100) and Returns on Capital the weakest (7/100), which is how SLAB lands at 50/100 — a Shallow moat.
This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.
Gaps in a line mean that item isn’t in SLAB’s filings for that year — the series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.
Moat Score history
Score history begins Jul 17, 2026 — the record builds from here and can’t be backfilled.
Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars
None yet — SLAB has read Shallow moat for every logged capture since Jul 17, 2026.
Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.
Technology context
#198 of 532 scored Technology companies, ranked by Moat Score.
Nearest peers by Moat Score
- #196NXDR Nextdoor Holdings, Inc49.8 out of 100, Shallow moatShallow moat
- #197FORM FormFactor, Inc.49.7 out of 100, Shallow moatShallow moat
- #199DHX DHI Group, Inc.49.4 out of 100, Shallow moatShallow moat
- #200FIRY SKILLZ INC.49.4 out of 100, Shallow moatShallow moat
Compare SLAB with its nearest peers →All Technology companies on the Index →
Common questions about SLAB
- Does SILICON LABORATORIES INC. have an economic moat?
- Based on its FY2025 SEC filings, the Moat Index scores SILICON LABORATORIES INC. (SLAB) 49.6 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 97, returns on capital 7, balance-sheet safety 28, capital discipline 64.
- How has SLAB's Moat Score changed over time?
- The record logs 3 readings since Jul 17, 2026; the latest reads 49.6 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.