Lam Research Corporation (LRCX)
NASDAQ: LRCX · Real-Time Price · USD
178.07
+0.74 (0.42%)
At close: Dec 26, 2025, 4:00 PM EST
178.19
+0.12 (0.07%)
After-hours: Dec 26, 2025, 7:54 PM EST

Lam Research Statistics

Total Valuation

Lam Research has a market cap or net worth of $223.66 billion. The enterprise value is $221.45 billion.

Market Cap223.66B
Enterprise Value 221.45B

Important Dates

The next estimated earnings date is Wednesday, January 28, 2026, after market close.

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

Share Statistics

Lam Research has 1.26 billion shares outstanding. The number of shares has decreased by -2.41% in one year.

Current Share Class 1.26B
Shares Outstanding 1.26B
Shares Change (YoY) -2.41%
Shares Change (QoQ) -0.60%
Owned by Insiders (%) 0.26%
Owned by Institutions (%) 84.94%
Float 1.25B

Valuation Ratios

The trailing PE ratio is 39.30 and the forward PE ratio is 36.08. Lam Research's PEG ratio is 2.05.

PE Ratio 39.30
Forward PE 36.08
PS Ratio 11.61
Forward PS 10.13
PB Ratio 22.00
P/TBV Ratio 26.74
P/FCF Ratio 40.30
P/OCF Ratio 35.04
PEG Ratio 2.05
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 32.28, with an EV/FCF ratio of 39.90.

EV / Earnings 38.11
EV / Sales 11.30
EV / EBITDA 32.28
EV / EBIT 34.25
EV / FCF 39.90

Financial Position

The company has a current ratio of 2.21, with a Debt / Equity ratio of 0.44.

Current Ratio 2.21
Quick Ratio 1.54
Debt / Equity 0.44
Debt / EBITDA 0.64
Debt / FCF 0.81
Interest Coverage 36.79

Financial Efficiency

Return on equity (ROE) is 62.26% and return on invested capital (ROIC) is 28.73%.

Return on Equity (ROE) 62.26%
Return on Assets (ROA) 19.51%
Return on Invested Capital (ROIC) 28.73%
Return on Capital Employed (ROCE) 42.56%
Revenue Per Employee $1.14M
Profits Per Employee $337,816
Employee Count17,200
Asset Turnover 0.95
Inventory Turnover 2.39

Taxes

In the past 12 months, Lam Research has paid $712.58 million in taxes.

Income Tax 712.58M
Effective Tax Rate 10.92%

Stock Price Statistics

The stock price has increased by +141.19% 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 +141.19%
50-Day Moving Average 157.45
200-Day Moving Average 110.60
Relative Strength Index (RSI) 65.37
Average Volume (20 Days) 10,361,679

Short Selling Information

The latest short interest is 32.84 million, so 2.61% of the outstanding shares have been sold short.

Short Interest 32.84M
Short Previous Month 34.10M
Short % of Shares Out 2.61%
Short % of Float 2.62%
Short Ratio (days to cover) 3.11

Income Statement

In the last 12 months, Lam Research had revenue of $19.59 billion and earned $5.81 billion in profits. Earnings per share was $4.53.

Revenue19.59B
Gross Profit 9.66B
Operating Income 6.47B
Pretax Income 6.52B
Net Income 5.81B
EBITDA 6.86B
EBIT 6.47B
Earnings Per Share (EPS) $4.53
Full Income Statement

Balance Sheet

The company has $6.69 billion in cash and $4.48 billion in debt, giving a net cash position of $2.21 billion or $1.76 per share.

Cash & Cash Equivalents 6.69B
Total Debt 4.48B
Net Cash 2.21B
Net Cash Per Share $1.76
Equity (Book Value) 10.19B
Book Value Per Share 8.09
Working Capital 8.10B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $6.38 billion and capital expenditures -$833.72 million, giving a free cash flow of $5.55 billion.

Operating Cash Flow 6.38B
Capital Expenditures -833.72M
Free Cash Flow 5.55B
FCF Per Share $4.42
Full Cash Flow Statement

Margins

Gross margin is 49.31%, with operating and profit margins of 33.00% and 29.66%.

Gross Margin 49.31%
Operating Margin 33.00%
Pretax Margin 33.29%
Profit Margin 29.66%
EBITDA Margin 35.01%
EBIT Margin 33.00%
FCF Margin 28.33%

Dividends & Yields

This stock pays an annual dividend of $1.04, which amounts to a dividend yield of 0.58%.

Dividend Per Share $1.04
Dividend Yield 0.58%
Dividend Growth (YoY) 13.95%
Years of Dividend Growth 11
Payout Ratio 21.63%
Buyback Yield 2.41%
Shareholder Yield 2.99%
Earnings Yield 2.60%
FCF Yield 2.48%
Dividend Details

Analyst Forecast

The average price target for Lam Research is $155.48, which is -12.69% lower than the current price. The consensus rating is "Strong Buy".

Price Target $155.48
Price Target Difference -12.69%
Analyst Consensus Strong Buy
Analyst Count 25
Revenue Growth Forecast (5Y) 10.54%
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 9.8 and a Piotroski F-Score of 7.

Altman Z-Score 9.8
Piotroski F-Score 7