Lam Research Corporation (LRCX) Stock

About Lam Research Corporation

Lam Research Corporation is led by CEO Timothy Archer, employs 18,600 people, headquartered in Fremont, US, publicly traded since 1984.

Lam Research Corporation (LRCX) stock trades at $230.10 with a market capitalization of $287.95B. The stock is valued at a price-to-earnings (P/E) ratio of 54.44, price-to-book of 31.72, price-to-sales of 16.97. Over the past 52 weeks the stock has ranged between $126.37 and $438.50, and currently trades 47.5% below its 52-week high. It pays a dividend yielding 0.42%.

On profitability, Lam Research Corporation generates a return on equity (ROE) of 66.97%, above the typical market range of roughly 12-15%, return on capital employed of 46.61%, an operating margin of 32.01%, a net profit margin of 31.27%.

In its most recent fiscal year, Lam Research Corporation reported annual revenue of $23.2B, net profit of $7.3B. Over the last 5 fiscal years, revenue grew at an average annual rate of 9.7%, and net profit grew at an average annual rate of 13.2%. Over that span net profit grew faster than revenue, so net margin widened.

The balance sheet shows a debt-to-equity ratio of 0.33 (debt below half of shareholders' equity), a current ratio of 2.21, total assets of $23.5B, $5.6B in cash and equivalents.

LRCX has an average daily trading volume of 10,460,052 shares, a beta of 1.86 (historically more volatile than the overall market).

Lam Research Corporation by the numbers, 2017–2026

Between 2017 and 2026 Lam Research Corporation reported revenue of $8.0B rising to $23.2B, a change of +189.9% across 10 years. Compounded, revenue has grown 9.7% a year over five years, 10.1% over three, 26.0% over the last twelve months. Net profit rose to $7.3B.

Operating margin went from 23.7% in 2017 to 35.3% in 2026, a gain of 11.6 percentage points. The most recent net margin is 31.27%. On a trailing twelve-month basis to Jun '26, revenue is $23.2B and net profit $7.3B.

Borrowings rose from $2.7B to $4.1B, cash from operations was $5.9B in the latest year, positive in 10 of the last 10.

Return on equity has averaged 57.1% over five years, and was 58.3% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Lam Research Corporation (LRCX) — frequently asked questions