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Lam Research Corporation (LRCX)

Country: United States of AmericaSector: TechnologyIndustry: SemiconductorsExchange: NASDAQ
P/E TTM
35.2
History
P/E NTM
22.3
Market cap
294.65B
Currency USD
KvantraRankAbout60
IValue33
IIQuality84
IIIMomentum70
Current price
235.88 USD+6.07%
Close 11 Nov 2026
Interval
Benchmarks

Key financial summary

Financials in USD
2020202120222023202420252026TTM
Total revenue$bn-14.617.217.414.918.423.226.1
Operating profit$bn8.209.65
Net profit$bn-3.914.614.513.835.367.278.45
EPS reported$5.766.71
Operating cashflow per share$4.676.06
Capex per share$0.770.83
FCF per share$3.905.23
Free cash flow$bn4.896.54
Net debt$bn-1.76-3.70
Book value equity$bn12.513.9
Book value per share$9.8911.08
Number of sharesm1,261.11,255.77
DPS (TTM paid)$1.181.11

Financial summary

Financials in USD
2020202120222023202420252026TTM
Value
P/E TTMx65.8135.15
P/B LTMx41.3521.19
P/S LTMx22.2011.28
P/FCF LTMx105.4445.07
EV/EBITDA LTMx59.0828.59
EV/Sales LTMx22.1411.14
Earnings Yield LTM%1.52%2.84%
FCF Yield%0.95%2.22%
Quality
ROE%58.26%71.75%
ROIC%40.77%44.10%
Operating margin%35.29%36.95%
Gross margin%50.47%51.05%
FCF/Sales%21.05%25.02%
Growth and momentum
EPS Growth YoY%+38.80%+47.80%
Sales Growth YoY%+26.02%+33.36%
Net Income Growth YoY%+35.59%+45.43%
FCF Growth%-9.66%+11.77%
Operating Profit Growth%+38.96%+49.31%
Dividend and capital structure
Dividend Yield%0.25%0.47%
Dividend Growth%+20.41%+16.84%
Payout Ratio%17.49%15.43%
FCF/Debtx1.191.75
Net Debt/EBITDAx-0.17-0.36
EBIT/Net interestx-117.29
Net debt/market cap%-0.34%-1.26%
Net debt/Equityx-0.14-0.27
Gross debt/equityx0.330.27

ETFs that hold Lam Research

FundTickerPosition#Weight
Vanguard Information Technology ETFVGT91.55%
iShares MSCI USA Quality Factor ETFQUAL102.22%
Invesco S&P 500 Quality ETFSPHQ102.64%
iShares A.I. Innovation and Tech Active ETFBAI93.13%
iShares MSCI Global Semiconductors UCITS ETF USD AccSEC0.F103.43%
Amundi MSCI World SRI Climate Paris Aligned UCITS ETF AccXAMB.DE52.51%
iShares MSCI USA Quality GARP ETFGARP92.83%
iShares MSCI USA SRI UCITS ETFSUAS.L92.30%
WisdomTree Enhanced Commodity UCITS ETF USD AccWCOA.L36.56%
Nuveen ESG Large-Cap GrowthNULG101.76%

Funds with Lam Research among their ten largest holdings, largest fund first.

Price target estimates

Low estimate
High estimate
Price consensus
Last year average price target
Current price235.88 USD
Return Potential

Based on consensus from external analysts. Not Kvantra's opinion.

Ratings

Strong Buy
Buy
Hold
Sell
Strong Sell
Number of covering analysts

Based on consensus from external analysts. Not Kvantra's opinion.

ESG

Metric202420252026
ESG-score
Environmental score
Social score
Governance score
Risk rating

Company overview

Lam Research Corporation is a prominent supplier of equipment vital for semiconductor processing, encompassing its design, production, sales, repair, and ongoing maintenance. These sophisticated systems are fundamental for the creation of integrated circuits. The company's extensive product catalog features a variety of deposition technologies. For tungsten metallization, they provide ALTUS systems that deposit conformal films. SABRE products excel in electrochemical deposition, crucial for copper interconnect transitions and enabling copper damascene manufacturing. SOLA utilizes ultraviolet thermal processing for film treatments, while VECTOR delivers plasma-enhanced chemical vapor deposition (CVD) and atomic layer deposition (ALD) solutions. Furthermore, SPEED addresses gapfill applications with its high-density plasma CVD products, and Striker is engineered for single-wafer atomic layer deposition of dielectric films. Beyond deposition, Lam Research offers a comprehensive suite of etching tools. Flex is designed for dielectric etch applications, Kiyo handles conductor etch processes, Syndion specializes in through-silicon via etching, and Versys metal products are used for metal etch processes. The company's offerings also extend to specialized solutions like Coronus, which enhances die yield through bevel cleaning. For various wafer cleaning requirements, Lam Research supplies multiple product lines, including Da Vinci, DV-Prime, EOS, and SP series. Additionally, Metryx mass metrology systems provide precise, in-line mass measurement capabilities for semiconductor wafer manufacturing. Lam Research serves the global semiconductor industry, distributing its technologies and services across the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and other international markets. Established in 1980, the company maintains its corporate headquarters in Fremont, California.

Trades inUSD

Similar companies

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

Lam Research Corporation (LRCX)

LRCX · NASDAQ · Technology
235.88 USD+6.07%
Sign up to track this stock
Benchmarks
KvantraRank60
Market cap294.65B
P/E NTM22.3
P/E TTM35.2
KvantraRank?60 / 100
Value
33
Quality
84
Momentum
70
Financialsin USD
20252026TTM
ETFs that hold Lam Research
FundTickerPosition#Weight
Vanguard Information Technology ETFVGT91.55%
iShares MSCI USA Quality Factor ETFQUAL102.22%
Invesco S&P 500 Quality ETFSPHQ102.64%
iShares A.I. Innovation and Tech Active ETFBAI93.13%
iShares MSCI Global Semiconductors UCITS ETF USD AccSEC0.F103.43%
Amundi MSCI World SRI Climate Paris Aligned UCITS ETF AccXAMB.DE52.51%
iShares MSCI USA Quality GARP ETFGARP92.83%
iShares MSCI USA SRI UCITS ETFSUAS.L92.30%
WisdomTree Enhanced Commodity UCITS ETF USD AccWCOA.L36.56%
Nuveen ESG Large-Cap GrowthNULG101.76%

Funds with Lam Research among their ten largest holdings, largest fund first.

Analyst target
Consensus
Current235.88 USD
Upside
Price consensus
Last year average price target
Current price235.88 USD
Return Potential

Consensus from external analysts. Not Kvantra's opinion.

Ratings
Strong Buy
Buy
Hold
Sell
Strong Sell

Based on consensus from external analysts. Not Kvantra's opinion.

ESG
202420252026
ESG-score
Environmental score
Social score
Governance score
Risk rating
About

Lam Research Corporation is a prominent supplier of equipment vital for semiconductor processing, encompassing its design, production, sales, repair, and ongoing maintenance. These sophisticated systems are fundamental for the creation of integrated circuits. The company's extensive product catalog features a variety of deposition technologies. For tungsten metallization, they provide ALTUS systems that deposit conformal films. SABRE products excel in electrochemical deposition, crucial for copper interconnect transitions and enabling copper damascene manufacturing. SOLA utilizes ultraviolet thermal processing for film treatments, while VECTOR delivers plasma-enhanced chemical vapor deposition (CVD) and atomic layer deposition (ALD) solutions. Furthermore, SPEED addresses gapfill applications with its high-density plasma CVD products, and Striker is engineered for single-wafer atomic layer deposition of dielectric films. Beyond deposition, Lam Research offers a comprehensive suite of etching tools. Flex is designed for dielectric etch applications, Kiyo handles conductor etch processes, Syndion specializes in through-silicon via etching, and Versys metal products are used for metal etch processes. The company's offerings also extend to specialized solutions like Coronus, which enhances die yield through bevel cleaning. For various wafer cleaning requirements, Lam Research supplies multiple product lines, including Da Vinci, DV-Prime, EOS, and SP series. Additionally, Metryx mass metrology systems provide precise, in-line mass measurement capabilities for semiconductor wafer manufacturing. Lam Research serves the global semiconductor industry, distributing its technologies and services across the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and other international markets. Established in 1980, the company maintains its corporate headquarters in Fremont, California.

IndustrySemiconductors
Trades inUSD

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

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