Lam Research Corporation

Lam Research Corporation

LRCX
Lam Research CorporationUS flagNASDAQ Global Select
371.33
USD
-38.21
- -
464.37BMarket Cap
Lam Research Corporation
LRCX
(NASDAQ Global Select)

Recent

price

371.33

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.68
2.62
2.15
2.13
2.8
3.29
3.7
4.94
6.85
6.33
6.94
10.18
12.31
12.87
11.34
14.33
17.2
Revenue per Share
0.27
0.59
0.14
0.07
0.38
0.41
0.58
1.05
1.47
1.44
1.55
2.72
3.29
3.33
2.91
4.17
5.32
Basic EPS, GAAP
0.28
0.61
0.4
0.43
0.44
0.49
0.85
1.25
1.64
2.08
1.47
2.5
2.22
3.82
3.54
4.8
5.52
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.07
0.12
0.15
0.19
0.44
0.45
0.51
0.58
0.67
0.78
0.89
0.98
Dividend per Share
1.55
2.18
2.3
1.76
2.17
2.57
3.03
3.85
5.11
6.51
7.96
10.23
13.19
16.26
18.88
22.54
26.17
Book Value per Share
1.21
1.82
2.12
1.27
1.73
2.02
2.61
3.2
2.96
1.98
2.44
3.07
3.33
4.74
5.16
6.26
6.9
Tangible Book Value per Share
1,269
1,235
1,242
1,689
1,647
1,596
1,589
1,622
1,616
1,525
1,448
1,436
1,399
1,355
1,314
1,286
1,261
Basic Weighted Avg Shares
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
17,429
14,905
18,436
21,682
Sales/Revenue/Turnover
20.94
25.2
8.92
3.28
14.71
16.49
18.25
23.74
29.01
25.53
26.62
30.64
31.24
29.93
28.73
32.01
34.26
Operating Margin (%)
71
75
101
304
292
278
291
307
326
309
269
307
334
342
360
386
420
Depreciation Expense
347
724
169
114
632
656
914
1,698
2,381
2,191
2,252
3,908
4,605
4,511
3,828
5,358
6,708
Net Income, GAAP
19.41
9.63
17.46
- -
12.59
11.51
4.8
6.29
24.47
10.43
12.55
10.58
11.32
11.71
12.21
10.07
10.39
Effective Tax Rate (%)
16.25
22.35
6.33
3.16
13.72
12.47
15.53
21.19
21.49
22.7
22.42
26.72
26.73
25.88
25.68
29.06
30.94
Profit Margin (%)
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
9,043
8,545
7,949
8,055
Working Capital
18
738
762
789
817
1,001
3,378
1,785
1,807
3,823
4,971
4,984
4,998
5,003
4,479
3,730
3,730
LT Debt
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
8,210
8,539
9,862
10,585
Total Equity
21.6
28.94
3.97
- -
9.36
10.67
11.2
17.57
25.62
23.95
22.85
35.52
41.3
36.24
27.46
37.13
46.22
Return on Invested Capital (%)
18.99
26.87
5.31
- -
14.94
12.68
13.36
19.99
25.02
18.3
15.16
22.13
22.11
18.52
14.04
17.44
19.94
Return on Capital (%)
19.31
31.08
6.08
3.91
19.31
17.09
20.5
30.67
32.81
24.09
20.99
29.83
27.79
22.28
16.34
19.92
22.15
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
754
754
4
LT Borrowings
3,730
3,730
3,730
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,259
1,251
1,251
Market Capitalization
171,044
217,286
269,388

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
14,807
14,018
13,297
Cash, Cash Equivalents & STI
6,693
6,180
4,751
Accounts Receivable, Net
3,633
3,492
4,133
Inventories
4,095
4,038
4,000
Total Current Liabilities
6,708
6,213
5,242
Payables & Accruals
1,652
1,571
1,586
ST Debt
754
754
4
Deferred Revenue
2,646
2,165
2,091

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.51%
14.14%
15.48%
Free Cash Flow
28.43%
28.95%
32.69%
Net Income, GAAP
27.44%
22.84%
39.98%
Sales/Revenue/Turnover
15.12%
14.75%
23.68%
Total Cash Common Dividend
29.49%
11.85%
12.82%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,482
3,758
3,794
3,872
14,905
2025
4,168
4,376
4,720
5,171
18,436
2026
5,324
5,345
5,841
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.67
0.72
0.74
0.78
2.91
2025
0.86
0.93
1.04
1.35
4.17
2026
1.24
1.27
1.46
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
0.2
0.2
0.2
0.78
2025
0.2
0.23
0.23
0.23
0.89
2026
0.23
0.26
0.26
- -
- -
Business
Lam Research Corporation (Nasdaq: LRCX) designs, manufactures, markets, refurbishes and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide. The company supplies wafer fabrication equipment and related services primarily for front-end wafer processing steps that create active components such as transistors and capacitors, along with interconnects; its core product portfolio encompasses market-leading solutions for thin film deposition, including atomic layer deposition; plasma etch, featuring platforms like Sense.i and Transformer Coupled Plasma technology; photoresist strip; and wafer cleaning processes, which support advanced memory, packaging structures, microelectromechanical systems (MEMS), light-emitting diodes (LEDs), sensors, transducers, analog and mixed signal devices, discretes, power devices, optoelectronics and photonics. Lam Research also offers high-precision mass metrology systems for advanced process monitoring and control, as well as ValuePoint Optimized Productivity Services to optimize customer equipment sets throughout product cycles; these technologies enable chipmakers to produce smaller, higher-performance devices for artificial intelligence, high-performance computing and other applications. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company operates globally with offices, manufacturing facilities and customer support across North America, Asia, Europe and other regions, serving leading semiconductor manufacturers including logic, memory producers and foundries. In September 2025, Lam Research entered into a non-exclusive cross-licensing and collaboration agreement with JSR Corporation and its subsidiary Inpria Corporation to accelerate next-generation patterning technologies, including dry resist for extreme ultraviolet (EUV) lithography via its Aether platform, metal oxide resists, high NA EUV patterning for advanced nodes, and new materials for atomic layer etching and deposition; this partnership builds on prior acquisitions like Novellus Systems in 2012 to expand etch, deposition and advanced packaging capabilities. In November 2025, the company deepened its investment in the Silicon Forest region to bolster semiconductor industry leadership amid the AI era, reflecting ongoing strategic expansions in operations and technology innovation.

Company News

APIChatGPT
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  • Lam Research: A Strong Buy Built On Memory, Packaging And AI Complexity

  • Missed Out on the AI Memory Rally? These 3 Stocks Are Just Getting Started.

  • AI Push Sends Lam Research Shares to All-Time Highs

  • Lam Research (LRCX) Moves 4.0% Higher: Will This Strength Last?

  • Lam Research Corp (LRCX) Shares Surge 4.0% -- What GF Score of 85 Tells Investors

  • Are You Looking for a Top Momentum Pick? Why Lam Research (LRCX) is a Great Choice

  • TXN vs. LRCX: Which Semiconductor Stock Is the Better Buy Right Now?

  • This Memory Stock Has Doubled in 2026. Here's Why It Can Skyrocket Higher (Hint: It's Not Micron or Sandisk)

  • Why Semiconductor Equipment Suppliers Are Crushing Their Customers in 2026

  • Wednesday's Morning Movers: AI Manufacturer PT Hikes, JBL & LZB Beat Earnings

  • Why Lam Research (LRCX) Dipped More Than Broader Market Today

  • Lam Research Expects Packaging Growth of 50%: Is It a Hidden Catalyst?

  • Alphabet, Lam Research And A Financial Stock On CNBC's 'Final Trades'

  • Is Lam Research (LRCX) a Solid Growth Stock? 3 Reasons to Think "Yes"

  • Semiconductor ETFs Now Dominate the Most‑Traded List — A Signal You Can't Ignore

  • Buy, Hold, or Sell: Lam Research Rocketed 21% Off Its June Lows as a New Fed Begins. Is LRCX Worthwhile at $366?