US stock · Technology sector · Semiconductor Equipment & Materials
L
Lam Research Corporation
LRCX502.06
USD
-21.53
(-4.11%)
Market Closed
13.53P/E
18Forward P/E
0.64P/E to S&P500
67.746BMarket CAP
1.23%Div Yield
Upcoming Earnings
18 Apr-24 Apr
Shares Short
2/28/23
2.54M
Short % of Float
1.89%
Short % of Shares Outs.
1.88%
% Held by Insiders
0.30%
% Held by Institutions
87.54%
Beta
1.49
PEG Ratio
6.82
52w. high/low
574.79/299.59
Avg. Daily Volume
1.25M
Return %
Stock
S&P 500
1 year
(6.53)
(12.11)
3 years
131.22
64.73
5 years
142.85
50.61
Scale: |
High
Low
44.73
14.72
39.80
18.24
52.91
32.07
59.10
34.81
45.29
31.17
55.48
36.84
85.70
48.45
84.49
61.20
110.35
63.10
219.70
105.79
234.88
122.64
299.39
131.35
516.65
181.38
728.38
473.32
731.85
299.59
548.85
407.27
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
TTM
Revenue per share
18.50
19.86
8.89
16.81
26.21
21.46
21.30
27.97
32.95
37.04
49.40
68.53
63.31
69.36
101.85
123.14
138.50
Earnings per share
4.94
3.52
(2.41)
2.73
5.86
1.36
0.67
3.84
4.11
5.75
10.47
14.73
14.37
15.55
27.22
32.92
37.32
FCF per share
5.50
4.12
(0.97)
2.48
6.10
3.15
3.31
3.47
3.68
7.39
11.54
14.74
18.84
13.28
22.55
18.25
21.50
Dividends per share
- -
- -
- -
- -
- -
- -
- -
- -
0.73
1.20
1.50
1.90
4.45
4.54
5.06
5.83
6.25
CAPEX per share
0.43
0.62
0.35
0.28
1.03
0.86
0.95
0.88
1.24
1.10
0.97
1.69
1.99
1.40
2.43
3.90
4.18
Book Value per sh.
8.48
14.27
11.57
13.93
19.99
42.86
27.68
31.64
33.48
38.40
43.07
40.71
30.98
35.79
41.97
44.88
50.94
Comm.Shares outs.
139
125
126
127
124
124
169
165
160
159
162
162
152
145
144
140
138
Avg. annual P/E ratio
10.2
9.7
(11.8)
14.7
7.7
27.8
69.6
17.0
18.6
15.0
14.8
12.0
14.6
21.1
22.0
14.6
13.5
P/E to S&P500
0.6
0.5
(0.2)
0.7
0.5
1.9
4.1
0.9
0.9
0.7
0.6
0.5
0.6
0.6
0.7
0.7
0.6
Avg. annual div. yield
- -
- -
- -
- -
- -
- -
- -
- -
1.0%
1.4%
1.0%
1.1%
2.1%
1.4%
0.8%
1.2%
1.4%
Revenue (m)
2,567
2,475
1,116
2,134
3,238
2,665
3,599
4,607
5,259
5,886
8,014
11,077
9,654
10,045
14,626
17,227
19,048
Operating margin
30.3%
20.6%
(25.2)%
19.9%
24.8%
8.9%
3.3%
14.7%
15.0%
18.3%
23.7%
29.0%
25.5%
26.6%
30.6%
31.2%
31.6%
Depreciation (m)
37
55
72
71
75
101
304
292
278
291
307
326
309
269
307
334
333
Net profit (m)
686
439
(302)
347
724
169
114
632
656
914
1,698
2,381
2,191
2,252
3,908
4,605
5,125
Income tax rate
19.1%
23.9%
(14.8)%
19.4%
9.6%
17.5%
(70.8)%
12.6%
11.5%
4.8%
6.3%
24.5%
10.4%
12.6%
10.6%
11.3%
11.5%
Net profit margin
26.7%
17.8%
(27.1)%
16.2%
22.4%
6.3%
3.2%
13.7%
12.5%
15.5%
21.2%
21.5%
22.7%
22.4%
26.7%
26.7%
26.8%
Working capital (m)
744
1,280
855
1,198
2,593
2,988
2,389
3,202
3,639
6,795
6,192
6,000
6,189
7,691
8,125
7,720
9,162
Long-term debt (m)
250
276
41
18
738
762
789
817
1,001
3,384
1,785
1,807
3,823
4,971
4,984
4,994
4,996
Equity (m)
1,176
1,779
1,453
1,768
2,470
5,322
4,676
5,213
5,345
6,102
6,987
6,580
4,723
5,183
6,027
6,278
8,305
ROIC
48.0%
20.3%
(18.3)%
18.0%
21.6%
3.1%
3.7%
10.7%
10.7%
10.6%
19.7%
26.3%
23.8%
21.1%
33.1%
37.8%
36.1%
Return on capital
40.3%
20.6%
(13.1)%
17.3%
19.9%
3.0%
1.8%
9.8%
8.7%
8.9%
15.9%
26.0%
21.4%
18.9%
28.8%
31.3%
31.2%
Return on equity
58.3%
24.7%
(20.8)%
19.6%
29.3%
3.2%
2.4%
12.1%
12.3%
15.0%
24.3%
36.2%
46.4%
43.4%
64.8%
73.4%
61.7%
Plowback ratio
100.0%
100.0%
100.0%
100.0%
- -
100.0%
100.0%
100.0%
82.3%
79.2%
85.7%
87.1%
69.0%
70.8%
81.4%
82.3%
83.2%
Div.&Repurch./FCF
134.0%
(1.3)%
- -
19.7%
23.6%
176.2%
158.3%
29.2%
106.1%
24.6%
52.5%
120.7%
152.3%
104.9%
105.0%
183.1%
122.8%
Capital Structure
30 Jan · 2023 | Q2
All numbers in millions
Total liabilities
$ 10,902
Total assets
$ 19,206
Long-term debt
$ 4,996
Cash and equiv.
$ 4,485
Goodwill
$ 1,620
Retained earnings
$ 20,879
Common stock
136
Enterprise Value
$ 68,257
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
6,710
5,729
3,658
Receivables
2,097
3,026
4,314
Inventory
1,900
2,689
3,966
Other
146
(289)
(1,046)
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 liabilities
3,162
3,528
4,565
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
17.78%
13.65%
20.34%
Cash flow
(21.16)%
8.70%
25.16%
Earnings
17.83%
21.55%
78.95%
Dividends
12.15%
35.04%
- -
Book value
4.17%
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
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
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
- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
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
- -
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
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
- -
- -
- -
Company Description
Sector:
Technology
Industry:
Semiconductor Equipment & Materials
CEO:
Mr. Timothy M. Archer
Full-time employees:
18,700
City:
Fremont
Address:
4650 Cushing Parkway
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.
Recent News
· 20 Oct, 2022 · The Wall Street Journal
· 12 Oct, 2022 · The Wall Street Journal
· 24 Jul, 2022 · The Wall Street Journal