Full history for every metric is available with a Kvantra account
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | TTM | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $bn | - | 14.6 | 17.2 | 17.4 | 14.9 | 18.4 | 23.2 | 23.2 |
| Operating profit | $bn | 8.20 | 8.20 | ||||||
| Net profit | $bn | - | 3.91 | 4.61 | 4.51 | 3.83 | 5.36 | 7.27 | 7.27 |
| EPS reported | $ | 5.76 | 5.76 | ||||||
| Operating cashflow per share | $ | 4.67 | 4.67 | ||||||
| Capex per share | $ | 0.77 | 0.77 | ||||||
| FCF per share | $ | 3.90 | 3.90 | ||||||
| Free cash flow | $bn | 4.89 | 4.89 | ||||||
| Net debt | $bn | -1.76 | -1.46 | ||||||
| Book value equity | $bn | 12.5 | 12.5 | ||||||
| Book value per share | $ | 9.89 | 9.89 | ||||||
| Number of shares | m | 1,261.1 | 1,261.1 | ||||||
| DPS (TTM paid) | $ | 0.85 | 1.11 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | TTM | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 65.81 | 55.66 | ||||||
| P/B LTM | x | 41.35 | 33.48 | ||||||
| P/S LTM | x | 22.20 | 17.97 | ||||||
| P/FCF LTM | x | 105.44 | 85.37 | ||||||
| EV/EBITDA LTM | x | 59.08 | 47.81 | ||||||
| EV/Sales LTM | x | 22.14 | 17.91 | ||||||
| Earnings Yield LTM | % | 1.52% | 1.80% | ||||||
| FCF Yield | % | 0.95% | 1.17% | ||||||
| Quality | |||||||||
| ROE | % | 58.26% | 66.97% | ||||||
| ROIC | % | 40.77% | 40.77% | ||||||
| Operating margin | % | 35.29% | 35.29% | ||||||
| Gross margin | % | 50.47% | 50.47% | ||||||
| FCF/Sales | % | 21.05% | 21.05% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +38.80% | +38.80% | ||||||
| Sales Growth YoY | % | +26.02% | +26.02% | ||||||
| Net Income Growth YoY | % | +35.59% | +35.59% | ||||||
| FCF Growth | % | -9.66% | -9.66% | ||||||
| Operating Profit Growth | % | +38.96% | +38.96% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | 0.25% | 0.35% | ||||||
| Dividend Growth | % | -13.27% | +16.84% | ||||||
| Payout Ratio | % | 17.49% | 17.46% | ||||||
| FCF/Debt | x | 1.19 | 1.19 | ||||||
| Net Debt/EBITDA | x | -0.17 | -0.17 | ||||||
| EBIT/Net interest | x | 0.00 | 65.98 | ||||||
| Net debt/market cap | % | -0.34% | -0.35% | ||||||
| Net debt/Equity | x | -0.14 | -0.12 | ||||||
| Gross debt/equity | x | 0.33 | 0.33 | ||||||
ETFs that hold Lam Research
| Fund | Ticker | Position# | Weight |
|---|---|---|---|
| Vanguard Information Technology ETF | VGT | 10 | 1.49% |
| State Street Technology Select Sector SPDR ETF | XLK | 10 | 2.39% |
| VanEck Semiconductor ETF | SMH | 10 | 4.51% |
| iShares MSCI USA Quality Factor ETF | QUAL | 6 | 3.71% |
| iShares Semiconductor ETF | SOXX | 10 | 3.89% |
| JPMorgan Equity Premium Income ETF | JEPI | 7 | 1.80% |
| JPMorgan Nasdaq Equity Premium Income ETF | JEPQ | 9 | 2.23% |
| First Trust Rising Dividend Achievers ETF | RDVY | 2 | 2.79% |
| Invesco S&P 500 Momentum ETF | SPMO | 8 | 3.13% |
| Fidelity MSCI Information Technology Index ETF | FTEC | 9 | 1.60% |
Funds with Lam Research among their ten largest holdings, largest fund first.
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.
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)
| Fund | Ticker | Position# | Weight |
|---|---|---|---|
| Vanguard Information Technology ETF | VGT | 10 | 1.49% |
| State Street Technology Select Sector SPDR ETF | XLK | 10 | 2.39% |
| VanEck Semiconductor ETF | SMH | 10 | 4.51% |
| iShares MSCI USA Quality Factor ETF | QUAL | 6 | 3.71% |
| iShares Semiconductor ETF | SOXX | 10 | 3.89% |
| JPMorgan Equity Premium Income ETF | JEPI | 7 | 1.80% |
| JPMorgan Nasdaq Equity Premium Income ETF | JEPQ | 9 | 2.23% |
| First Trust Rising Dividend Achievers ETF | RDVY | 2 | 2.79% |
| Invesco S&P 500 Momentum ETF | SPMO | 8 | 3.13% |
| Fidelity MSCI Information Technology Index ETF | FTEC | 9 | 1.60% |
Funds with Lam Research among their ten largest holdings, largest fund first.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
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.
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