Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
214.01
+4.22 (2.01%)
Feb 5, 2026, 1:27 PM EST - Market open

Lam Research Statistics

Total Valuation

Lam Research has a market cap or net worth of $267.24 billion. The enterprise value is $260.27 billion.

Market Cap267.24B
Enterprise Value 260.27B

Important Dates

The last earnings date was Wednesday, January 28, 2026, after market close.

Earnings Date Jan 28, 2026
Ex-Dividend Date Dec 3, 2025

Share Statistics

Lam Research has 1.25 billion shares outstanding. The number of shares has decreased by -2.40% in one year.

Current Share Class 1.25B
Shares Outstanding 1.25B
Shares Change (YoY) -2.40%
Shares Change (QoQ) -0.60%
Owned by Insiders (%) 0.25%
Owned by Institutions (%) 84.60%
Float 1.24B

Valuation Ratios

The trailing PE ratio is 43.91 and the forward PE ratio is 35.02. Lam Research's PEG ratio is 1.74.

PE Ratio 43.91
Forward PE 35.02
PS Ratio 12.95
Forward PS 11.41
PB Ratio 25.87
P/TBV Ratio 31.63
P/FCF Ratio 42.15
P/OCF Ratio 36.78
PEG Ratio 1.74
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 35.44, with an EV/FCF ratio of 41.87.

EV / Earnings 41.89
EV / Sales 12.66
EV / EBITDA 35.44
EV / EBIT 37.49
EV / FCF 41.87

Financial Position

The company has a current ratio of 2.26, with a Debt / Equity ratio of 0.44.

Current Ratio 2.26
Quick Ratio 1.56
Debt / Equity 0.44
Debt / EBITDA 0.60
Debt / FCF 0.72
Interest Coverage 40.53

Financial Efficiency

Return on equity (ROE) is 65.56% and return on invested capital (ROIC) is 74.88%.

Return on Equity (ROE) 65.56%
Return on Assets (ROA) 21.05%
Return on Invested Capital (ROIC) 74.88%
Return on Capital Employed (ROCE) 45.74%
Weighted Average Cost of Capital (WACC) 13.85%
Revenue Per Employee $1.20M
Profits Per Employee $361,245
Employee Count17,200
Asset Turnover 1.00
Inventory Turnover 2.46

Taxes

In the past 12 months, Lam Research has paid $798.07 million in taxes.

Income Tax 798.07M
Effective Tax Rate 11.38%

Stock Price Statistics

The stock price has increased by +167.84% in the last 52 weeks. The beta is 1.78, so Lam Research's price volatility has been higher than the market average.

Beta (5Y) 1.78
52-Week Price Change +167.84%
50-Day Moving Average 190.62
200-Day Moving Average 129.89
Relative Strength Index (RSI) 50.29
Average Volume (20 Days) 13,546,591

Short Selling Information

The latest short interest is 31.24 million, so 2.50% of the outstanding shares have been sold short.

Short Interest 31.24M
Short Previous Month 33.12M
Short % of Shares Out 2.50%
Short % of Float 2.51%
Short Ratio (days to cover) 2.49

Income Statement

In the last 12 months, Lam Research had revenue of $20.56 billion and earned $6.21 billion in profits. Earnings per share was $4.87.

Revenue20.56B
Gross Profit 10.24B
Operating Income 6.94B
Pretax Income 7.01B
Net Income 6.21B
EBITDA 7.34B
EBIT 6.94B
Earnings Per Share (EPS) $4.87
Full Income Statement

Balance Sheet

The company has $6.18 billion in cash and $4.48 billion in debt, with a net cash position of $1.70 billion or $1.36 per share.

Cash & Cash Equivalents 6.18B
Total Debt 4.48B
Net Cash 1.70B
Net Cash Per Share $1.36
Equity (Book Value) 10.15B
Book Value Per Share 8.11
Working Capital 7.80B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $7.12 billion and capital expenditures -$906.25 million, giving a free cash flow of $6.22 billion.

Operating Cash Flow 7.12B
Capital Expenditures -906.25M
Free Cash Flow 6.22B
FCF Per Share $4.98
Full Cash Flow Statement

Margins

Gross margin is 49.80%, with operating and profit margins of 33.76% and 30.22%.

Gross Margin 49.80%
Operating Margin 33.76%
Pretax Margin 34.10%
Profit Margin 30.22%
EBITDA Margin 35.72%
EBIT Margin 33.76%
FCF Margin 30.23%

Dividends & Yields

This stock pays an annual dividend of $1.04, which amounts to a dividend yield of 0.49%.

Dividend Per Share $1.04
Dividend Yield 0.49%
Dividend Growth (YoY) 13.95%
Years of Dividend Growth 12
Payout Ratio 20.11%
Buyback Yield 2.40%
Shareholder Yield 2.90%
Earnings Yield 2.37%
FCF Yield 2.37%
Dividend Details

Analyst Forecast

The average price target for Lam Research is $236.67, which is 10.59% higher than the current price. The consensus rating is "Strong Buy".

Price Target $236.67
Price Target Difference 10.59%
Analyst Consensus Strong Buy
Analyst Count 25
Revenue Growth Forecast (5Y) 10.05%
EPS Growth Forecast (5Y) 13.40%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on October 3, 2024. It was a forward split with a ratio of 10:1.

Last Split Date Oct 3, 2024
Split Type Forward
Split Ratio 10:1

Scores

Lam Research has an Altman Z-Score of 11.61 and a Piotroski F-Score of 7.

Altman Z-Score 11.61
Piotroski F-Score 7