Valuation dashboard for Lam Research Corporation (LRCX) with P/E 35.63, P/B 21.50, EV/EBITDA 29.04 and dividend yield 0.46%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.
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.
Analysis Summary
Lam Research Corporation reported revenue of $23.23B in the most recent fiscal year, growing at a 5-year CAGR of 9.7%. Net income reached $7.27B, with a 13.2% 5-year CAGR.
Trailing-twelve-month margins: gross margin 51.1%, operating margin 37.0%, net margin 32.3%.
At $239.11 (closing price, October 30, 2026), LRCX trades at a P/E of 35.63 and an ROE of 71.75%. Market capitalisation stands at $299.2B, placing it among large-cap names.
Balance sheet quality for LRCX: current ratio of 2.6. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 35.63 |
| Price / Book | 21.50 |
| EV / EBITDA | 29.04 |
| Dividend Yield | 0.46% |
Valuation Models
| DCF Fair Value | $59.54 |
| vs Current Price | -75.1% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| LRCX | Lam Research Corporation | $299.2B | 35.63 | 21.50 | 71.7% |
| ASML | ASML Holding N.V. | $603.5B | 40.88 | 24.86 | 63.9% |
| AMAT | Applied Materials, Inc. | $309.6B | 33.63 | 12.09 | 40.4% |
| KLAC | KLA Corporation | $206.1B | 39.50 | 31.60 | 87.0% |
| NVDA | NVIDIA Corporation | $4.9T | 25.87 | 21.73 | 110.1% |
| TSM | Taiwan Semiconductor Manufacturing Company Limited | $2.1T | 24.12 | 8.78 | 41.2% |
| 0YXG.L | Broadcom Inc. | $1.6T | 39.91 | 15.38 | 43.9% |
| AVGO | Broadcom Inc. | $1.6T | 41.64 | 15.59 | 43.9% |
Price
| Price | $239.11 (closing price, October 30, 2026) |
| Market Cap | $299.2B |
| Exchange | NASDAQ |
| Country | US |
Profitability
| Return on Equity | 71.75% |
| Return on Invested Capital | 44.10% |
| Return on Assets | 32.06% |
| Gross Margin | 51.05% |
| Operating Margin | 36.95% |
| Net Margin | 32.34% |
Related companies: ASML · AMAT · KLAC · NVDA · TSM · 0YXG.L · AVGO · SKHY
Explore sector: Technology · Semiconductors
More sections of LRCX: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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