FairValu
LAM RESEARCH CORP

LAM RESEARCH CORP

LRCXNasdaqGS
Semiconductor Equipment & Materials • Technologylamresearch.com
Current Price
$298.220.00%
Market Cap
$373.17B
Shares Outstanding: 1.25B
Volume
-
Avg Vol (3M): -
Next Earnings
-
52 Week Range
Low: $--High: $--

Comprehensive AI Analysis

Strategic AI Analysis for LRCX

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Summary

Source-linked company research for LRCX

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Price Chart

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Overview

Quarterly income statement data isn't available for this company.

No Data

No annual financial data available.

Financial Fundamentals

Growth, quality, valuation, cash generation, and balance-sheet strength.

Sector: Technology

Growth

TTM revenue plus current, long-term, forward, and accelerating top-line trends.

Revenue
-
Revenue Growth
26.0%
Strong
Revenue CAGR 3Y
-
Forward Revenue Growth
49.9%
Excellent
Revenue Acceleration
2.3%
Improving

Earnings

Trailing EPS, current EPS growth, long-term compounding, surprise, and forward expectations.

EPS (TTM)
5.81
Profitable
EPS Growth
35.6%
Excellent
EPS CAGR 3Y
-
EPS Surprise
8.1%
Beat
Forward EPS
9.47
Profitable
Fwd Revenue Growth
49.9%
Forward EPS Growth
23.1%
Strong

Profitability

TTM margin and return metrics that reflect pricing power and business quality.

Gross Margin
50.5%
High
Operating Margin
35.3%
High
Net Margin
31.3%
High
Margin vs Trend
-
ROE
68.6%
Excellent
ROIC
123.6%
Elite

Cash Flow

TTM free cash flow, growth, margin, and operating-cash conversion quality.

Free Cash Flow
$4.89B
Positive
FCF Growth
-9.7%
Declining
FCF Margin
-
Cash Conversion
0.81x
Adequate

Valuation

Metrics ranked by issuer type, financial state, and input quality.

Cyclical businessPrimary lens

EV / EBITDA

EV/EBITDA is the primary lens because it compares operating earnings across different financing structures.

EV / EBITDAPrimary
42.63x
High
Forward P/ESupporting
31.49x
Typical
EV / FCFSupporting
75.32x
High
Price / SalesContext
16.06x
High

Financial Health

Latest-quarter liquidity and leverage checks plus TTM interest coverage.

Current Ratio
2.54x
Healthy
Quick Ratio
1.69x
Healthy
Debt / Equity
0.30x
Conservative
Interest Coverage
52.60x
Safe

Shareholder Signals

Capital returns and dilution checks sourced from statements and insider filings.

Dividend Yield
0.3%
Low/None
Payout Ratio
17.5%
Sustainable
Buyback Yield
1.0%
Positive
Net Insider Buys
-45
Selling

Peer Comparison

TickerPrice
LRCXLAM RESEARCH CORP
$298.22
Company Profile

About the Company

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company offers ALTUS systems to deposit conformal or selective films for tungsten or molybdenum metallization applications; SABRE electrochemical deposition products for copper interconnect transition, which support copper damascene manufacturing; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced chemical vapor deposition (CVD) products. It also provides Akara, a conductor etch system designed to enhance etch precision, selectivity, and defect control; Argos, Prevos, and Selis, which are selective etch systems used in the fabrication of advanced logic and memory devices that require precise control at nanoscale dimensions; Flex for dielectric etch applications; Vantex, a dielectric etch system that provides RF technology and repeatable wafer-to-wafer performance enabled by Equipment Intelligence solutions; Kiyo for conductor etch applications; Syndion for deep silicon etch; and Versys metal products for metal etch processes. In addition, the company offers Coronus bevel clean products to enhance die yield and Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications. Further, it provides Reliant deposition, etch, and clean products; Sense.i platform products; and customer service, spares, and upgrades. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.

Next Earnings Date

Oct 21, 2026

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Revenue segmentation

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