Lam Research Corporation (LRCX)

Technology
Semiconductor Equipment & Materials
United States
Yahoo Finance  •  Trading View  •  Company site
Price
$144.78
▲ 6.47 (4.68%)
Market Cap
$182,572,253,184
Shares: 1,286,101,000
P/E
23.36
P/B: 12.69
ROE
54.33%
Current Ratio: 2.21
Fundamentals Score
69 (NEUTRAL)

Company Overview

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 that offers copper damascene manufacturing; SPEED gapfill high-density plasma chemical vapor deposition (CVD) products; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced CVD products. It also provides 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 through-silicon via etch applications; 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; and Sense.i platform products, as well as customer service, spares, and upgrades. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.

Headquarters: 4650 Cushing Parkway, Fremont, CA, 94538, United States  |  Employees: 19000  |  Website: lamresearch.com
Key Contacts
IR / Phone: 510 572 0200
Exchange: NMS
Industry: Semiconductor Equipment & Materials
Quick Financial Snapshot
Revenue$18,435,591,000
Net Income$5,358,217,000
Free Cash Flow$5,414,078,000
Book Value / Share$7.67

Balance Sheet & Liquidity

Total Liabilities$11,483,641,000
Total Equity$9,861,619,000
Debt / Equity0.45
Current Ratio2.21
Interest Coverage33.11
Working Capital$7,948,570,000

Valuation Metrics

Core multiples and valuation signals — useful to compare vs peers.

P/E (TTM)23.36
Industry P/EN/A
Forward P/E33.91
P/B12.69
Price / Sales6.79
P / FCF23.12
EV / EBITDA19.43
Graham Number$26.81
DCF (placeholder)
Notes: red items typically indicate expensive multiples relative to fundamentals. Use the "Compare with industry" tool for context.

EPS (Annual)

Financial Performance

Revenue vs Net Income

Free Cash Flow (annual)

Profitability & Efficiency

Gross Margin 48.71%
Operating Margin 32.01%
Net Margin 29.06%
ROIC 34.16%
Asset Turnover 0.86

Automated Fundamental Signals (Score: 69)

Passed
  • EPS shows upward trend
  • EPS CAGR 11.27%
  • Price CAGR 33.68%
  • ROIC 34.2%
  • Gross Margin 48.7%
  • P/FCF 23.12
  • Debt/Equity ratio
  • Operating Margin 32.0%
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Interest Coverage
  • Return on Tangible Assets
  • Low reliance on intangibles
Failed
  • P/B Ratio 12.69
  • Debt/EBITDA
  • Price below Graham Number
  • DCF valuation (Overvalued)

Price Chart (Candlestick)

Technical Analysis (Score: 75)

RSI (14)64.59
SMA 50117.31
SMA 20090.99
MACD6.98
Signal BULLISH
RSI 64.6, SMA trend bullish, momentum 68.9%.

Governance & Management

Governance scores: Audit: 3 | Board: 2 | Compensation: 3 | Shareholder Rights: 1
Executive Team
NameTitle
Mr. Timothy M. Archer President, CEO & Director (1967)
Mr. Douglas R. Bettinger Executive VP & CFO (1967)
Dr. Patrick J. Lord Ph.D. Executive VP & COO (1966)
Ms. Ava A. Harter J.D. Senior VP, Chief Legal Officer & Secretary (1970)
Mr. Seshasayee Varadarajan Senior VP of The Global Products Group (1975)
Ms. Christina C. Correia Chief Accounting Officer & Group VP (1970)
Mr. Vahid Vahedi Ph.D. Senior VP, Chief Technology & Sustainability Officer (1966)
Mr. Ram Ganesh Vice President of Investor Relations (—)
Governance data last updated: 10/1/2025

Latest News

Lam Research (LRCX) Stock Is Up, What You Need To Know
Yahoo • Oct 15, 2025 • Positive

Shares of semiconductor equipment maker Lam Research (NASDAQ:LRCX) jumped 2.7% in the afternoon session after the broader semiconductor sector rallied as Dutch chipmaking equipment giant ASML Holding reported stronger-than-expected orders, boosting investor confidence.

HSBC Gives Lam Research (LRCX) Hold Rating
Yahoo • Oct 15, 2025 • Neutral

Lam Research Corporation (NASDAQ:LRCX) is one of the 11 Best American Semiconductor Stocks to Invest In. On September 30, HSBC began covering Lam Research Corporation (NASDAQ:LRCX), giving the stock a Hold rating and setting the price target at $127. HSBC pointed out that Lam Research Corporation (NASDAQ:LRCX) is expected to benefit from growing demand for […]

Lam Research (LRCX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Yahoo • Oct 15, 2025 • Positive

Lam Research (LRCX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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