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LRCX US​
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LRCX US​
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Lam Research Corporation(LRCX US)

$225.92-7.863.36%Ext:$222.54-3.381.50%(After Hours · 00:35:22 UTC)
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Overview

ProfileEntity Structure

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SEC Filings

Lam Research Corporation(LRCX US)

$225.92-7.863.36%Ext:$222.54-3.381.50%(After Hours · 00:35:22 UTC)
Ask AI
Doc SearchProfileEntity StructureEDINET FilingsFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings
EDINET Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees
EDINET Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Lam Research Corporation — Company Profile

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.

Sector
Industrials
Industry
Commercial Services & Supplies
Exchange
UQ
CEO
Timothy Archer
Headquarters
Fremont, CA, US
IPO Date
May 4, 1984
Employees
23,300
Website
www.lamresearch.com

Key Metrics

Price
$347.49
Market Cap
$434.56B
Revenue (TTM)
$5.84B
Net Income (TTM)
$1.83B
EPS (TTM)
1.46
P/E (TTM)
64.78
P/B (TTM)
41.06

Lam Research Corporation — Company Profile

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.

Sector
Industrials
Industry
Commercial Services & Supplies
Exchange
UQ
CEO
Timothy Archer
Headquarters
Fremont, CA, US
IPO Date
May 4, 1984
Employees
23,300
Website
www.lamresearch.com

Key Metrics

Price
$347.49
Market Cap
$434.56B
Revenue (TTM)
$5.84B
Net Income (TTM)
$1.83B
EPS (TTM)
1.46
P/E (TTM)
64.78
P/B (TTM)
41.06
Dividend Yield
32.69%
ROE (TTM)
17.25%
ROA (TTM)
8.78%
Operating Margin
35.04%
Beta
2.82

Dividends

Last Dividend
$0.26
Last Yield
0.33%

Summary

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.

Website
www.lamresearch.com
Location
Fremont, CA, US
Phone510 572 0200
Employees23,300
CEOTimothy Archer
Sector
Industrials
Industry
Commercial Services & Supplies
IPO DateMay 4, 1984

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(2K)

Expand
  • Form 4Mayer Bethany12 Nov
  • Form 4Brennan Ita M9 Nov
  • Form 4BRANDT ERIC9 Nov
  • Form 4DEVGAN ANIRUDH9 Nov
  • Form 4Dineen John M.9 Nov
  • Form 4FIELDS MARK9 Nov
  • Form 4Kang Ho Kyu9 Nov
  • Form 4Mehra Jyoti9 Nov
  • Form 4TALWALKAR ABHIJIT Y9 Nov
  • Form 4Mayer Bethany9 Nov
  • Form 144Mayer Bethany6 Nov
  • 8-KSubmission of Matters to a Vote of Security Holders5 Nov
  • Form 4Mayer Bethany3 Nov
  • Form 4Kang Ho Kyu2 Nov
  • Form 144Mayer Bethany2 Nov
  • Form 4ARCHER TIMOTHY26 Oct
  • Form 144ARCHER TIMOTHY23 Oct
  • 10-QQ1ended 27 Sept 202622 Oct
  • 8-KResults of Operations and Financial Condition21 Oct
  • ARSAnnual report to security holders24 Sep

EDINET Filings(18)

Expand
  • 10-KAnnual Securities Report (2024.07.01-2025.06.29)28 Oct 2025
  • IRExtraordinary Report15 Oct 2025
  • PRSSecurities registration statement7 Apr 2025
  • IRSemi-Annual Report (2024.07.01-2025.06.29)27 Mar 2025
  • PRSAmended Securities Registration Statement30 Oct 2024
  • 10-KAnnual Securities Report (2023.06.26-2024.06.30)29 Oct 2024
  • PRSSecurities registration statement7 Oct 2024
  • PRSSecurities registration statement4 Apr 2024
  • IRSemi-Annual Report (2023.06.26-2024.06.30)21 Mar 2024
  • PRSSecurities registration statement6 Apr 2022
  • 10-KAnnual Securities Report (2020.06.29-2021.06.27)27 Oct 2021
  • PRSSecurities registration statement6 Oct 2021
  • PRSSecurities registration statement6 Apr 2021
  • 10-KAmended Annual Securities Report29 Oct 2020
  • 10-KAnnual Securities Report (2019.07.01-2020.06.28)27 Oct 2020
  • 10-KAnnual Securities Report (2018.06.25-2019.06.30)29 Oct 2019
  • 10-KAnnual Securities Report (2017.06.26-2018.06.24)23 Oct 2018
  • 10-KAnnual Securities Report (2016.06.27-2017.06.25)24 Oct 2017

News

  • 3 Reasons Growth Investors Will Love Lam Research (LRCX)01:46PM
  • 4 GARP Stocks That Investors Can Scoop Up for Maximum Returns11:50AM
  • Applied Materials Drops 6% Despite Beat-and-Raise Quarter as JPMorgan and Goldman Sachs Cut Price Targets; KLA Falls 6%, Lam Research Retreats 5%10:16AM
  • Applied Materials Says Chip Demand Remains “Much Higher Than Supply”08:22AM
  • Lam Research, LEGO® Education Partner to Expand Access to STEM Learning for Kids; Lam Named Founding Sponsor of LEGO® League12 Nov
  • Lam Research Corporation $LRCX Stock Holdings Lifted by Artemis Wealth Advisors LLC12 Nov
  • Applied Materials Rallies 8% Ahead of Earnings as Chip Stocks Rebound; Lam Research Jumps 9%, KLA Climbs 7%11 Nov
  • Semiconductor Stock Rallying on $1B Investment Plan11 Nov
  • Lam Research's Gross Margin Hits 52.4%: Can it Climb Further?10 Nov
  • The Next AI Chip Shortage May Be the Machines That Make HBM10 Nov
  • 10 Dividend Growth Stocks: November 202610 Nov
  • Applied Materials Jumps 11% Ahead of Earnings; Lam Research Surges 9%, ASML Rises 6%9 Nov
  • LRCX Gains 8% on a $25B Buyback Plan: Is the Stock Worth Holding Now?9 Nov
  • 3 Stocks to Buy for an AI Chip Recovery8 Nov
  • Own a Semiconductor ETF? Lam Research's Buyback Move Affects You6 Nov
  • 5 Companies Buying Back Their Own Stock Hand Over Fist As the Stock Market Sells Off6 Nov
  • Nasdaq Futures Jump as Volatile Week Continues6 Nov
  • Chip Stocks Just Had Their Second-Worst Day on Record6 Nov
  • Jim Cramer Picks DuPont Over Xylem, Has Cold Feet on Lam Research6 Nov
  • Lam Research Sure Picked a Good Time to Buy Back Its Own Stock6 Nov

Mentions in Filings

  • Douglas R. Bettinger, age 59, is the Executive Vice President and Chief Financial Officer of <strong>Lam Research Corporation</strong>, a semiconductor equipment company, with responsibility for Finance, Tax, Treasury, Investor Relations and Corporate Analytics, and has served at Lam Research since 2013. Prior to joining Lam Research, Mr. Bettinger served as Senior Vice President and Chief Financial Officer of Avago Technologies (now Broadcom Inc.) from 2008 to 2 …
    Marvell Technology, Inc.Lam Research Corporation·8-K - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers·Q4 27·12 Nov
  • Mr. Bettinger serves as Executive Vice President and Chief Financial Officer of <strong>Lam Research Corporation</strong>. Prior to joining Lam Research in 2013, he served as Senior Vice President and Chief Financial Officer of Avago Technologies (now Broadcom Inc.), Vice President of Finance and Corporate Controller at Xilinx, and Chief Financial Officer of 24/7 Customer. Earlier in his career, he held several senior finance positions at Intel Corporation. With …
    Marvell Technology, Inc.Lam Research Corporation·EX-99.1 - 8-K - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers·Q4 27·12 Nov
  • … gest holding • 9.0% of publicly traded common stock portfolio • 3.6% of total investment portfolio • Next four largest holdings, totaling 19.5% of publicly traded common stock portfolio: Microsoft, Broadcom, AbbVie and <strong>Lam Research</strong> • 4% increase in YTD 9-30-26 dividend income • Appreciated value from cost totaled $8.9 billion (pretax) • Annual portfolio returns: (2025 & 2024) 15.7% & 16.5% [S&P 500: 17.9% & 25.0%] \* Publicly traded common stock …
    CINCINNATI FINANCIAL CORPLam Research Corporation·EX-99.1 - 8-K - Regulation FD Disclosure·Q4 26·9 Nov
  • … m 66% Western Digital 65% Broadcom 59% Flex 52% Ciena 51% Nvidia 51% Coherent 50% Palantir 48% Intel 42% Micron 39% Everpure 38% Sandisk 36% ON Semi 34% Monolithic Power 34% Corning 33% Applied Materials 32% Oracle 31% <strong>Lam Research</strong> 30% Jabil 29% KLA 29% CrowdStrike 27% Teradyne 27% First Solar 26% Synopsys 26% Microchip 25% Arista 23% Amphenol 23% Texas Instruments 22% ServiceNow 22% Datadog 19% Cadence 19% Qualcomm 19% Akamai 18% Analog Devices …
    Lumentum Holdings Inc.Lam Research Corporation·425 - Form 425 - Business combination communication·Q2 27·2 Nov
  • … m 66% Western Digital 65% Broadcom 59% Flex 52% Ciena 51% Nvidia 51% Coherent 50% Palantir 48% Intel 42% Micron 39% Everpure 38% Sandisk 36% ON Semi 34% Monolithic Power 34% Corning 33% Applied Materials 32% Oracle 31% <strong>Lam Research</strong> 30% Jabil 29% KLA 29% CrowdStrike 27% Teradyne 27% First Solar 26% Synopsys 26% Microchip 25% Arista 23% Amphenol 23% Texas Instruments 22% ServiceNow 22% Datadog 19% Cadence 19% Qualcomm 19% Akamai 18% Analog Devices …
    Lumentum Holdings Inc.Lam Research Corporation·EX-99.2 - 8-K - Entry into a Material Definitive Agreement·Q2 27·2 Nov
  • … m 66% Western Digital 65% Broadcom 59% Flex 52% Ciena 51% Nvidia 51% Coherent 50% Palantir 48% Intel 42% Micron 39% Everpure 38% Sandisk 36% ON Semi 34% Monolithic Power 34% Corning 33% Applied Materials 32% Oracle 31% <strong>Lam Research</strong> 30% Jabil 29% KLA 29% CrowdStrike 27% Teradyne 27% First Solar 26% Synopsys 26% Microchip 25% Arista 23% Amphenol 23% Texas Instruments 22% ServiceNow 22% Datadog 19% Cadence 19% Qualcomm 19% Akamai 18% Analog Devices …
    Marvell Technology, Inc.Lam Research Corporation·425 - Form 425 - Business combination communication·Q4 27·2 Nov

Key Stats

Trading

Px/Chg 1D$347.49 / +2.17%
Avg Volume10.42M
Beta2.82
Mkt Cap434.56B
FD Mkt Cap375.50B

Float

Shrs Out/Float1.25B / 1.25B
Short Float0.02%
Days to Cover1.84
Stock Repurchased$1.16B

Current Valuation

EV433.54B
EV/EBITDA54.27
EV/Sales20.00
P/B41.06
P/S20.04
FCF Yield0.19%
ROE17.25%
ROA8.78%
Current Ratio2.54

Dividend

Cash$0.26
Yield32.69%
Yield (TTM)32.69%

Estimates

P/E64.78
Est P/E0.00
Est EPS1.36
Est PEG0.00

Valuation

Metric5Yr AvgOct '22Oct '23Oct '24Oct '25Oct '26
PRICE-BASED RATIOS
Price / Earnings97.1111.22100.2926.67109.30238.06
Price / Sales29.143.0025.096.8536.3674.39
Price / Book Value18.028.239.8011.9519.0641.06
Price / Free Cash Flow147.3720.2377.0923.9978.93536.62
ENTERPRISE VALUE METRICS
Enterprise Value170,833.553,148.580,159.3101,214.8186,101.0433,544.1
Enterprise Value / Sales29.013.0924.996.7935.9974.22
Enterprise Value / EBITDA81.869.3180.1820.6399.13200.05
Enterprise Value / EBIT87.339.8888.0722.27104.61211.79

Financials

Full Financials
Millions USD5Yr CAGR (%)Jun '21Jun '22Jun '23Jun '24Jun '25
INCOME STATEMENT
Revenue6%14,626.217,227.017,426.714,905.418,435.6
Gross Income7.2%6,805.37,871.87,776.97,052.88,979.1
EBITDA6.7%4,886.65,711.65,638.14,905.26,344.4
EBIT6.8%4,579.45,377.95,295.74,545.55,958.1
Net Income8.2%3,908.54,605.34,510.93,827.85,358.2
EPS (Diluted)11.4%2.693.273.322.904.15
BALANCE SHEET
Cash & ST Inv2.8%5,729.13,657.75,374.75,847.96,390.7
Total Assets7.7%15,892.217,195.618,781.618,744.721,345.3
Total Liabilities3.9%9,865.010,917.310,571.510,205.311,483.6
Total Shareholder Equity13.1%6,027.26,278.48,210.28,539.59,861.6
CASH FLOW
Net Operating Cash Flow14.5%3,588.23,099.75,178.94,652.36,173.3
Cap Ex21.4%-349.1-546.0-501.6-396.7-759.2
Free Cash Flow13.7%3,239.12,553.64,677.44,255.65,414.1

Enterprise Value Bridge

Millions USD13 Nov '26
Price (As of 13 Nov '26)225.91
Basic Shares1,250.57
Market Cap282,516.3
Diluted Shares1,257.33
Fully Diluted Shares Outstanding1,257.33
Fully Diluted Market Cap284,042.3
+Consolidated Debt3,734.5
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-4,750.9
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value281,499.8

Segment data

Revenue

by Products and services

  • System64%
  • Customer Support And Other36%

Revenue

by Geography

  • China34%
  • Taiwan, Province Of China22%
  • Korea, Republic Of19%
  • Japan9%
  • United States7%

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Dividend Yield
32.69%
ROE (TTM)
17.25%
ROA (TTM)
8.78%
Operating Margin
35.04%
Beta
2.82

Dividends

Last Dividend
$0.26
Last Yield
0.33%

Summary

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.

Website
www.lamresearch.com
Location
Fremont, CA, US
Phone510 572 0200
Employees23,300
CEOTimothy Archer
Sector
Industrials
Industry
Commercial Services & Supplies
IPO DateMay 4, 1984

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(2K)

Expand
  • Form 4Mayer Bethany12 Nov
  • Form 4Brennan Ita M9 Nov
  • Form 4BRANDT ERIC9 Nov
  • Form 4DEVGAN ANIRUDH9 Nov
  • Form 4Dineen John M.9 Nov
  • Form 4FIELDS MARK9 Nov
  • Form 4Kang Ho Kyu9 Nov
  • Form 4Mehra Jyoti9 Nov
  • Form 4TALWALKAR ABHIJIT Y9 Nov
  • Form 4Mayer Bethany9 Nov
  • Form 144Mayer Bethany6 Nov
  • 8-KSubmission of Matters to a Vote of Security Holders5 Nov
  • Form 4Mayer Bethany3 Nov
  • Form 4Kang Ho Kyu2 Nov
  • Form 144Mayer Bethany2 Nov
  • Form 4ARCHER TIMOTHY26 Oct
  • Form 144ARCHER TIMOTHY23 Oct
  • 10-QQ1ended 27 Sept 202622 Oct
  • 8-KResults of Operations and Financial Condition21 Oct
  • ARSAnnual report to security holders24 Sep

EDINET Filings(18)

Expand
  • 10-KAnnual Securities Report (2024.07.01-2025.06.29)28 Oct 2025
  • IRExtraordinary Report15 Oct 2025
  • PRSSecurities registration statement7 Apr 2025
  • IRSemi-Annual Report (2024.07.01-2025.06.29)27 Mar 2025
  • PRSAmended Securities Registration Statement30 Oct 2024
  • 10-KAnnual Securities Report (2023.06.26-2024.06.30)29 Oct 2024
  • PRSSecurities registration statement7 Oct 2024
  • PRSSecurities registration statement4 Apr 2024
  • IRSemi-Annual Report (2023.06.26-2024.06.30)21 Mar 2024
  • PRSSecurities registration statement6 Apr 2022
  • 10-KAnnual Securities Report (2020.06.29-2021.06.27)27 Oct 2021
  • PRSSecurities registration statement6 Oct 2021
  • PRSSecurities registration statement6 Apr 2021
  • 10-KAmended Annual Securities Report29 Oct 2020
  • 10-KAnnual Securities Report (2019.07.01-2020.06.28)27 Oct 2020
  • 10-KAnnual Securities Report (2018.06.25-2019.06.30)29 Oct 2019
  • 10-KAnnual Securities Report (2017.06.26-2018.06.24)23 Oct 2018
  • 10-KAnnual Securities Report (2016.06.27-2017.06.25)24 Oct 2017

News

  • 3 Reasons Growth Investors Will Love Lam Research (LRCX)01:46PM
  • 4 GARP Stocks That Investors Can Scoop Up for Maximum Returns11:50AM
  • Applied Materials Drops 6% Despite Beat-and-Raise Quarter as JPMorgan and Goldman Sachs Cut Price Targets; KLA Falls 6%, Lam Research Retreats 5%10:16AM
  • Applied Materials Says Chip Demand Remains “Much Higher Than Supply”08:22AM
  • Lam Research, LEGO® Education Partner to Expand Access to STEM Learning for Kids; Lam Named Founding Sponsor of LEGO® League12 Nov
  • Lam Research Corporation $LRCX Stock Holdings Lifted by Artemis Wealth Advisors LLC12 Nov
  • Applied Materials Rallies 8% Ahead of Earnings as Chip Stocks Rebound; Lam Research Jumps 9%, KLA Climbs 7%11 Nov
  • Semiconductor Stock Rallying on $1B Investment Plan11 Nov
  • Lam Research's Gross Margin Hits 52.4%: Can it Climb Further?10 Nov
  • The Next AI Chip Shortage May Be the Machines That Make HBM10 Nov
  • 10 Dividend Growth Stocks: November 202610 Nov
  • Applied Materials Jumps 11% Ahead of Earnings; Lam Research Surges 9%, ASML Rises 6%9 Nov
  • LRCX Gains 8% on a $25B Buyback Plan: Is the Stock Worth Holding Now?9 Nov
  • 3 Stocks to Buy for an AI Chip Recovery8 Nov
  • Own a Semiconductor ETF? Lam Research's Buyback Move Affects You6 Nov
  • 5 Companies Buying Back Their Own Stock Hand Over Fist As the Stock Market Sells Off6 Nov
  • Nasdaq Futures Jump as Volatile Week Continues6 Nov
  • Chip Stocks Just Had Their Second-Worst Day on Record6 Nov
  • Jim Cramer Picks DuPont Over Xylem, Has Cold Feet on Lam Research6 Nov
  • Lam Research Sure Picked a Good Time to Buy Back Its Own Stock6 Nov

Mentions in Filings

  • Douglas R. Bettinger, age 59, is the Executive Vice President and Chief Financial Officer of <strong>Lam Research Corporation</strong>, a semiconductor equipment company, with responsibility for Finance, Tax, Treasury, Investor Relations and Corporate Analytics, and has served at Lam Research since 2013. Prior to joining Lam Research, Mr. Bettinger served as Senior Vice President and Chief Financial Officer of Avago Technologies (now Broadcom Inc.) from 2008 to 2 …
    Marvell Technology, Inc.Lam Research Corporation·8-K - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers·Q4 27·12 Nov
  • Mr. Bettinger serves as Executive Vice President and Chief Financial Officer of <strong>Lam Research Corporation</strong>. Prior to joining Lam Research in 2013, he served as Senior Vice President and Chief Financial Officer of Avago Technologies (now Broadcom Inc.), Vice President of Finance and Corporate Controller at Xilinx, and Chief Financial Officer of 24/7 Customer. Earlier in his career, he held several senior finance positions at Intel Corporation. With …
    Marvell Technology, Inc.Lam Research Corporation·EX-99.1 - 8-K - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers·Q4 27·12 Nov
  • … gest holding • 9.0% of publicly traded common stock portfolio • 3.6% of total investment portfolio • Next four largest holdings, totaling 19.5% of publicly traded common stock portfolio: Microsoft, Broadcom, AbbVie and <strong>Lam Research</strong> • 4% increase in YTD 9-30-26 dividend income • Appreciated value from cost totaled $8.9 billion (pretax) • Annual portfolio returns: (2025 & 2024) 15.7% & 16.5% [S&P 500: 17.9% & 25.0%] \* Publicly traded common stock …
    CINCINNATI FINANCIAL CORPLam Research Corporation·EX-99.1 - 8-K - Regulation FD Disclosure·Q4 26·9 Nov
  • … m 66% Western Digital 65% Broadcom 59% Flex 52% Ciena 51% Nvidia 51% Coherent 50% Palantir 48% Intel 42% Micron 39% Everpure 38% Sandisk 36% ON Semi 34% Monolithic Power 34% Corning 33% Applied Materials 32% Oracle 31% <strong>Lam Research</strong> 30% Jabil 29% KLA 29% CrowdStrike 27% Teradyne 27% First Solar 26% Synopsys 26% Microchip 25% Arista 23% Amphenol 23% Texas Instruments 22% ServiceNow 22% Datadog 19% Cadence 19% Qualcomm 19% Akamai 18% Analog Devices …
    Lumentum Holdings Inc.Lam Research Corporation·425 - Form 425 - Business combination communication·Q2 27·2 Nov
  • … m 66% Western Digital 65% Broadcom 59% Flex 52% Ciena 51% Nvidia 51% Coherent 50% Palantir 48% Intel 42% Micron 39% Everpure 38% Sandisk 36% ON Semi 34% Monolithic Power 34% Corning 33% Applied Materials 32% Oracle 31% <strong>Lam Research</strong> 30% Jabil 29% KLA 29% CrowdStrike 27% Teradyne 27% First Solar 26% Synopsys 26% Microchip 25% Arista 23% Amphenol 23% Texas Instruments 22% ServiceNow 22% Datadog 19% Cadence 19% Qualcomm 19% Akamai 18% Analog Devices …
    Lumentum Holdings Inc.Lam Research Corporation·EX-99.2 - 8-K - Entry into a Material Definitive Agreement·Q2 27·2 Nov
  • … m 66% Western Digital 65% Broadcom 59% Flex 52% Ciena 51% Nvidia 51% Coherent 50% Palantir 48% Intel 42% Micron 39% Everpure 38% Sandisk 36% ON Semi 34% Monolithic Power 34% Corning 33% Applied Materials 32% Oracle 31% <strong>Lam Research</strong> 30% Jabil 29% KLA 29% CrowdStrike 27% Teradyne 27% First Solar 26% Synopsys 26% Microchip 25% Arista 23% Amphenol 23% Texas Instruments 22% ServiceNow 22% Datadog 19% Cadence 19% Qualcomm 19% Akamai 18% Analog Devices …
    Marvell Technology, Inc.Lam Research Corporation·425 - Form 425 - Business combination communication·Q4 27·2 Nov

Key Stats

Trading

Px/Chg 1D$347.49 / +2.17%
Avg Volume10.42M
Beta2.82
Mkt Cap434.56B
FD Mkt Cap375.50B

Float

Shrs Out/Float1.25B / 1.25B
Short Float0.02%
Days to Cover1.84
Stock Repurchased$1.16B

Current Valuation

EV433.54B
EV/EBITDA54.27
EV/Sales20.00
P/B41.06
P/S20.04
FCF Yield0.19%
ROE17.25%
ROA8.78%
Current Ratio2.54

Dividend

Cash$0.26
Yield32.69%
Yield (TTM)32.69%

Estimates

P/E64.78
Est P/E0.00
Est EPS1.36
Est PEG0.00

Valuation

Metric5Yr AvgOct '22Oct '23Oct '24Oct '25Oct '26
PRICE-BASED RATIOS
Price / Earnings97.1111.22100.2926.67109.30238.06
Price / Sales29.143.0025.096.8536.3674.39
Price / Book Value18.028.239.8011.9519.0641.06
Price / Free Cash Flow147.3720.2377.0923.9978.93536.62
ENTERPRISE VALUE METRICS
Enterprise Value170,833.553,148.580,159.3101,214.8186,101.0433,544.1
Enterprise Value / Sales29.013.0924.996.7935.9974.22
Enterprise Value / EBITDA81.869.3180.1820.6399.13200.05
Enterprise Value / EBIT87.339.8888.0722.27104.61211.79

Financials

Full Financials
Millions USD5Yr CAGR (%)Jun '21Jun '22Jun '23Jun '24Jun '25
INCOME STATEMENT
Revenue6%14,626.217,227.017,426.714,905.418,435.6
Gross Income7.2%6,805.37,871.87,776.97,052.88,979.1
EBITDA6.7%4,886.65,711.65,638.14,905.26,344.4
EBIT6.8%4,579.45,377.95,295.74,545.55,958.1
Net Income8.2%3,908.54,605.34,510.93,827.85,358.2
EPS (Diluted)11.4%2.693.273.322.904.15
BALANCE SHEET
Cash & ST Inv2.8%5,729.13,657.75,374.75,847.96,390.7
Total Assets7.7%15,892.217,195.618,781.618,744.721,345.3
Total Liabilities3.9%9,865.010,917.310,571.510,205.311,483.6
Total Shareholder Equity13.1%6,027.26,278.48,210.28,539.59,861.6
CASH FLOW
Net Operating Cash Flow14.5%3,588.23,099.75,178.94,652.36,173.3
Cap Ex21.4%-349.1-546.0-501.6-396.7-759.2
Free Cash Flow13.7%3,239.12,553.64,677.44,255.65,414.1

Enterprise Value Bridge

Millions USD13 Nov '26
Price (As of 13 Nov '26)225.91
Basic Shares1,250.57
Market Cap282,516.3
Diluted Shares1,257.33
Fully Diluted Shares Outstanding1,257.33
Fully Diluted Market Cap284,042.3
+Consolidated Debt3,734.5
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-4,750.9
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value281,499.8

Segment data

Revenue

by Products and services

  • System64%
  • Customer Support And Other36%

Revenue

by Geography

  • China34%
  • Taiwan, Province Of China22%
  • Korea, Republic Of19%
  • Japan9%
  • United States7%

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