Lam Research Corporation
LRCX
NASDAQ502.06
Lam Research Corporation
NASDAQ:LRCX
RECENT
PRICE
502.06
P/E
RATIO
13.53
(PEG:0.65)
P/E RATIO
RELATIVE
TO S&P
0.64
DIV
YLD
1.38%
High:
Low:
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Legends
Stock price
1.49 Beta (1.0 Market)
0
0
0
0
0
0
0
0
0
% total return 03/23:
Stock
S&P
1y.
0
0
3y.
0
0
5y.
0
0
0
Percent shares traded:
0
0
0
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
TTM
Fiscal year
18.50
4.94
5.50
- -
19.86
3.52
4.12
- -
8.89
(2.41)
(0.97)
- -
16.81
2.73
2.48
- -
26.21
5.86
6.10
- -
21.46
1.36
3.15
- -
21.30
0.67
3.31
- -
27.97
3.84
3.47
- -
32.95
4.11
3.68
0.73
37.04
5.75
7.39
1.20
49.40
10.47
11.54
1.50
68.53
14.73
14.74
1.90
63.31
14.37
18.84
4.45
69.36
15.55
13.28
4.54
101.85
27.22
22.55
5.06
123.14
32.92
18.25
5.83
138.50
37.32
21.50
6.25
Revenue per share
Earnings per share
Free Cash Flow per sh
Dividends per share
0.43
8.48
0.62
14.27
0.35
11.57
0.28
13.93
1.03
19.99
0.86
42.86
0.95
27.68
0.88
31.64
1.24
33.48
1.10
38.40
0.97
43.07
1.69
40.71
1.99
30.98
1.40
35.79
2.43
41.97
3.90
44.88
4.18
50.94
CAPEX per share
Book Value per share
139
125
126
127
124
124
169
165
160
159
162
162
152
145
144
140
138
Comm.Shares outs.(m)
10.2
0.6
- -
9.7
0.5
- -
(11.8)
(0.2)
- -
14.7
0.7
- -
7.7
0.5
- -
27.8
1.9
- -
69.6
4.1
- -
17.0
0.9
- -
18.6
0.9
1.0%
15.0
0.7
1.4%
14.8
0.6
1.0%
12.0
0.5
1.1%
14.6
0.6
2.1%
21.1
0.6
1.4%
22.0
0.7
0.8%
14.6
0.7
1.2%
13.5
0.6
1.4%
Avg. annual P/E ratio
P/E relative to S&P500
Avg. annual div. yield
Capital Structure (25/12/22 | Q2)
Total liabilities
$10,902 m.
Total assets
$19,206 m.
Long-term debt
$4,996 m.
Cash and equiv.
$4,485 m.
Goodwill $1,620 m.
Retained earnings $20,879 m.
Common stock 136 m. shares
Market Capitalisation
$67,923 m. (as of 25/3/23)
2,665
8.9%
3,599
3.3%
4,607
14.7%
5,259
15.0%
5,886
18.3%
8,014
23.7%
11,077
29.0%
9,654
25.5%
10,045
26.6%
14,626
30.6%
17,227
31.2%
19,048
31.6%
Revenue (m)
Operating margin
101
169
304
114
292
632
278
656
291
914
307
1,698
326
2,381
309
2,191
269
2,252
307
3,908
334
4,605
333
5,125
Depreciation (m)
Net profit (m)
17.5%
6.3%
(70.8)%
3.2%
12.6%
13.7%
11.5%
12.5%
4.8%
15.5%
6.3%
21.2%
24.5%
21.5%
10.4%
22.7%
12.6%
22.4%
10.6%
26.7%
11.3%
26.7%
11.5%
26.8%
Income tax rate
Net profit margin
2,988
762
5,322
2,389
789
4,676
3,202
817
5,213
3,639
1,001
5,345
6,795
3,384
6,102
6,192
1,785
6,987
6,000
1,807
6,580
6,189
3,823
4,723
7,691
4,971
5,183
8,125
4,984
6,027
7,720
4,994
6,278
9,162
4,996
8,305
Working capital (m)
Long-term debt (m)
Equity (m)
3.1%
3.0%
3.2%
3.7%
1.8%
2.4%
10.7%
9.8%
12.1%
10.7%
8.7%
12.3%
10.6%
8.9%
15.0%
19.7%
15.9%
24.3%
26.3%
26.0%
36.2%
23.8%
21.4%
46.4%
21.1%
18.9%
43.4%
33.1%
28.8%
64.8%
37.8%
31.3%
73.4%
36.1%
31.2%
61.7%
ROIC
Return on capital
Return on equity
Working Capital
2020
2021
2022
Cash assets
6,710
6,213
5,317
Receivables
2,097
3,026
4,314
Inventory
1,900
2,689
3,966
Other
146
208
347
Current assets
10,854
11,652
12,285
Acc. Payable
592
830
1,011
Debt due
840
11
7
Other
1,730
2,687
3,546
Current liab.
3,162
3,528
4,565
100.0%
176.2%
100.0%
158.3%
100.0%
29.2%
82.3%
106.1%
79.2%
24.6%
85.7%
52.5%
87.1%
120.7%
69.0%
152.3%
70.8%
104.9%
81.4%
105.0%
82.3%
183.1%
83.2%
122.8%
Plowback ratio
Div.&Repurch. to FCF
Lam Research Corporation (US) started trading on May 5, 1984 (cik: 0000707549), operates in the Technology sector (Semiconductor Equipment & Materials industry), has 18,700 full-time employees, and is led by Mr. Timothy M. Archer. Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products. It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions. In addition, the company offers Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. Further, it provides Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. The company sells its products and services to semiconductors industry in the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and internationally. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.
Annual rates
(avg rate of change)
Past
5 y.
Past
10 y.
Revenues
13.65%
20.34%
Cash flow
8.70%
25.16%
Earnings
21.55%
78.95%
Dividends
35.04%
- -
Book value
0.49%
4.31%
Insider trading
Type
Shares
Date
Hahn Ava
Sale
3,206
03/03/23
Hahn Ava
Sale
487
03/02/23
Hahn Ava
InKind
581
03/02/23
Hahn Ava
InKind
2,444
03/02/23
Bettinger Douglas R
InKind
581
03/02/23
Fiscal Year Ends
Quarterly Revenue (m)
Full fiscal year
I
II
III
IV
2021
3,177
3,456
3,848
4,145
14,626
2022
4,304
4,227
4,060
4,636
17,227
2023
5,074
5,278
- -
- -
- -
Fiscal Year Ends
Earnings per share
Full fiscal year
I
II
III
IV
2021
5.73
6.05
7.46
7.97
27.22
2022
8.43
8.54
7.30
8.64
32.92
2023
10.42
10.80
- -
- -
- -
Fiscal Year Ends
Quarterly dividends paid
Full fiscal year
I
II
III
IV
2021
1.16
1.31
1.30
1.29
5.06
2022
1.33
1.51
1.51
1.49
5.83
2023
1.50
1.73
- -
- -
- -
10/20/2022
Buying on the Bad Chip News
The Wall Street Journal - Read more...
10/12/2022
U.S. Suppliers Halt Operations at Top Chinese Memory Chip Maker
The Wall Street Journal - Read more...
07/24/2022
China Chases Chip-Factory Dominance—and Global Clout
The Wall Street Journal - Read more...