Lam Research Corporation (LRCX)
Total Valuation
Lam Research has a market cap or net worth of $126.81 billion. The enterprise value is $126.15 billion.
Market Cap | 126.81B |
Enterprise Value | 126.15B |
Important Dates
The next estimated earnings date is Wednesday, April 17, 2024, after market close.
Earnings Date | Apr 17, 2024 |
Ex-Dividend Date | Mar 12, 2024 |
Share Statistics
Lam Research has 131.10 million shares outstanding. The number of shares has decreased by -3.02% in one year.
Shares Outstanding | 131.10M |
Shares Change (YoY) | -3.02% |
Shares Change (QoQ) | -0.71% |
Owned by Insiders (%) | 0.25% |
Owned by Institutions (%) | 89.49% |
Float | 130.51M |
Valuation Ratios
The trailing PE ratio is 37.28 and the forward PE ratio is 30.43. Lam Research's PEG ratio is 2.75.
PE Ratio | 37.28 |
Forward PE | 30.43 |
PS Ratio | 8.86 |
Forward PS | 7.89 |
PB Ratio | 15.42 |
P/FCF Ratio | 26.07 |
PEG Ratio | 2.75 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 29.49, with an EV/FCF ratio of 25.94.
EV / Earnings | 36.48 |
EV / Sales | 8.81 |
EV / EBITDA | 29.49 |
EV / EBIT | 32.22 |
EV / FCF | 25.94 |
Financial Position
The company has a current ratio of 3.06, with a Debt / Equity ratio of 0.61.
Current Ratio | 3.06 |
Quick Ratio | 1.95 |
Debt / Equity | 0.61 |
Debt / EBITDA | 1.17 |
Debt / FCF | 1.02 |
Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 42.10% and return on invested capital (ROIC) is 25.93%.
Return on Equity (ROE) | 42.10% |
Return on Assets (ROA) | 18.40% |
Return on Capital (ROIC) | 25.93% |
Revenue Per Employee | $832,392 |
Profits Per Employee | $201,059 |
Employee Count | 17,200 |
Asset Turnover | 0.76 |
Inventory Turnover | 1.70 |
Taxes
In the past 12 months, Lam Research has paid $457.01 million in taxes.
Income Tax | 457.01M |
Effective Tax Rate | 11.67% |
Stock Price Statistics
The stock price has increased by +94.78% in the last 52 weeks. The beta is 1.52, so Lam Research's price volatility has been higher than the market average.
Beta (1Y) | 1.52 |
52-Week Price Change | +94.78% |
50-Day Moving Average | 904.03 |
200-Day Moving Average | 728.88 |
Relative Strength Index (RSI) | 57.48 |
Average Volume (30 Days) | 1,071,890 |
Short Selling Information
The latest short interest is 2.42 million, so 1.85% of the outstanding shares have been sold short.
Short Interest | 2.42M |
Short Previous Month | 2.30M |
Short % of Shares Out | 1.85% |
Short % of Float | 1.85% |
Short Ratio (days to cover) | 2.31 |
Income Statement
In the last 12 months, Lam Research had revenue of $14.32 billion and earned $3.46 billion in profits. Earnings per share was $25.90.
Revenue | 14.32B |
Gross Profit | 6.48B |
Operating Income | 3.88B |
Pretax Income | 3.92B |
Net Income | 3.46B |
EBITDA | 4.28B |
EBIT | 3.92B |
Earnings Per Share (EPS) | $25.90 |
Balance Sheet
The company has $5.64 billion in cash and $4.98 billion in debt, giving a net cash position of $654.23 million or $4.99 per share.
Cash & Cash Equivalents | 5.64B |
Total Debt | 4.98B |
Net Cash | 654.23M |
Net Cash Per Share | $4.99 |
Equity / Book Value | 8.22B |
Book Value Per Share | 62.72 |
Working Capital | 8.78B |
Cash Flow
In the last 12 months, operating cash flow was $5.25 billion and capital expenditures -$390.40 million, giving a free cash flow of $4.86 billion.
Operating Cash Flow | 5.25B |
Capital Expenditures | -390.40M |
Free Cash Flow | 4.86B |
FCF Per Share | $36.95 |
Margins
Gross margin is 45.23%, with operating and profit margins of 27.08% and 24.15%.
Gross Margin | 45.23% |
Operating Margin | 27.08% |
Pretax Margin | 27.35% |
Profit Margin | 24.15% |
EBITDA Margin | 29.88% |
EBIT Margin | 27.35% |
FCF Margin | 33.97% |
Dividends & Yields
This stock pays an annual dividend of $8.00, which amounts to a dividend yield of 0.83%.
Dividend Per Share | $8.00 |
Dividend Yield | 0.83% |
Dividend Growth (YoY) | 15.73% |
Years of Dividend Growth | 10 |
Payout Ratio | 30.89% |
Buyback Yield | 3.02% |
Shareholder Yield | 3.85% |
Earnings Yield | 2.73% |
FCF Yield | 3.84% |
Analyst Forecast
The average price target for Lam Research is $841.78, which is -12.83% lower than the current price. The consensus rating is "Buy".
Price Target | $841.78 |
Price Target Difference | -12.83% |
Analyst Consensus | Buy |
Analyst Count | 18 |
Revenue Growth Forecast (5Y) | 5.79% |
EPS Growth Forecast (5Y) | 10.97% |
Stock Splits
The last stock split was on March 17, 2000. It was a forward split with a ratio of 3:1.
Last Split Date | Mar 17, 2000 |
Split Type | Forward |
Split Ratio | 3:1 |
Scores
Lam Research has an Altman Z-Score of 10.96 and a Piotroski F-Score of 7.
Altman Z-Score | 10.96 |
Piotroski F-Score | 7 |