US · USD
LRCX
Lam Research Corp
- Day's range
- $322.06 – $330.50
- Day's volume
- $2.5B
- 52-week range
- $130.77 – $432.87
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See how LRCX weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountLRCX in numbers
- Market cap
- $411.1B
- P/E
- 56.58
- P/B
- 32.96
- Dividend yield (12m)
- 0.34%
- Net debt/EBITDA
- -0.21
The 12-month dividend yield of LRCX is 0.34%, below its 5-year average of 0.97%.
LRCX price history
LRCX risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +109.59% | +472.58% | +513.20% |
| Volatility (annualized) | 67.00% | 50.33% | 48.30% |
| Largest drawdown | -32.38% | -32.38% | -48.57% |
| Positive months | 9/12 | 22/36 | 33/60 |
How much did investing in LRCX return?
$1,000.00 invested on 10/01/2021 would be worth $6,132.00 today.
- Value today in LRCX
- $6,132.00
- Return over the period
- +513.20%
- Return per year
- +43.76%
- In the S&P 500
- $1,661.44
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
LRCX fundamentals
Valuation
- P/E56.58
- P/B32.96
- EV/EBITDA47.36
- EV/EBIT49.91
- EV/Revenue17.61
- P/EBIT50.13
- P/S17.69
- P/OCF70.18
- P/FCF—
- Earnings yield2.00%
- PEG ratio—
- Earnings per share$5.81
- Book value per share$9.97
Debt
- Net debt-$1.9B
- Net debt/EBITDA-0.21
- Net debt/Equity-0.15
- Debt/Equity0.30
- Current ratio2.63
- Quick ratio1.91
- Cash ratio0.94
Efficiency
- Gross margin50.47%
- EBITDA margin37.19%
- Operating margin35.29%
- Net margin31.27%
- Asset turnover0.99
Profitability
- ROE58.26%
- ROA30.88%
- ROIC67.93%
- Payout19.12%
Growth
- Revenue CAGR (5 years)9.70%
- Earnings CAGR (5 years)13.20%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is LRCX's fair price?
Two classic value formulas, with today's numbers. The current price is $328.51.
- Graham's fair price
- $36.08
- 89.02% below the price
√(22.50 × $5.81 × $9.97)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $12.20
- 96.29% below the price
$0.73 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
LRCX's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| P/E | 56.58 | 40.43 | 2.45 | 23.01 | 12.50 | 26.12 | 30.54 | 19.28 |
| P/B | 32.96 | 21.97 | 1.10 | 12.64 | 9.17 | 16.94 | 13.30 | 9.04 |
| EV/EBITDA | 47.36 | 34.15 | 1.84 | 18.74 | 10.33 | 21.43 | 23.67 | 15.51 |
| Dividend yield | 0.24% | 0.55% | 1.15% | 0.92% | 1.48% | 0.75% | 1.01% | 1.15% |
| Earnings per share | $5.81 | $4.23 | $29.47 | $34.04 | $33.62 | $27.53 | $15.46 | $15.16 |
| Book value per share | $9.97 | $7.79 | $65.75 | $61.96 | $45.83 | $42.46 | $35.52 | $32.34 |
| ROE | 58.26% | 54.33% | 44.82% | 54.94% | 73.35% | 64.85% | 43.53% | 46.89% |
| ROIC | 67.93% | 66.83% | 48.87% | 58.29% | 61.83% | 61.00% | 38.63% | 40.54% |
| Gross margin | 50.47% | 48.71% | 47.32% | 44.62% | 45.69% | 46.53% | 45.88% | 45.15% |
| EBITDA margin | 37.19% | 34.10% | 31.02% | 31.66% | 33.18% | 32.74% | 29.29% | 28.74% |
| Net margin | 31.27% | 29.06% | 25.68% | 25.88% | 26.73% | 26.72% | 22.42% | 22.70% |
| Net debt/EBITDA | -0.21 | -0.31 | -0.19 | -0.07 | 0.25 | 0.11 | 0.30 | 0.28 |
LRCX's financial statements
| Line | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Net revenue | $23.2B | $18.4B | $14.9B | $17.4B | $17.2B | $14.6B |
| Cost of revenue | -$11.5B | -$9.5B | -$7.9B | -$9.7B | -$9.4B | -$7.8B |
| Gross profit | $11.7B | $9B | $7.1B | $7.8B | $7.9B | $6.8B |
| EBITDA | $8.6B | $6.3B | $4.6B | $5.5B | $5.7B | $4.8B |
| EBIT | $8.2B | $5.9B | $4.3B | $5.2B | $5.4B | $4.5B |
| Financial result | — | — | — | — | — | — |
| Income before tax | $8.3B | $6B | $4.4B | $5.1B | $5.2B | $4.4B |
| Income tax | -$997.1M | -$599.9M | -$532.5M | -$598.3M | -$587.8M | -$462.3M |
| Net income | $7.3B | $5.4B | $3.8B | $4.5B | $4.6B | $3.9B |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does LRCX pay dividends?
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/22/2026 | 10/14/2026 | $0.33 |
Dividend yield per year
- 0.98%2017
- 3.16%2018
- 1.15%2019
- 1.01%2020
- 0.75%2021
- 1.48%2022
- 0.92%2023
- 1.15%2024
- 0.55%2025
- 0.24%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 06/16/2026 | 07/08/2026 | $0.26 |
| Dividend | 03/03/2026 | 04/08/2026 | $0.26 |
| Dividend | 12/02/2025 | 01/07/2026 | $0.26 |
| Dividend | 09/23/2025 | 10/15/2025 | $0.26 |
| Dividend | 06/17/2025 | 07/09/2025 | $0.23 |
| Dividend | 03/04/2025 | 04/09/2025 | $0.23 |
| Dividend | 12/10/2024 | 01/08/2025 | $0.23 |
| Dividend | 09/16/2024 | 10/01/2024 | $0.23 |
| Dividend | 06/17/2024 | 07/10/2024 | $0.20 |
| Dividend | 03/11/2024 | 04/03/2024 | $0.20 |
| Dividend | 12/11/2023 | 01/03/2024 | $0.20 |
| Dividend | 09/11/2023 | 10/04/2023 | $0.20 |
See all 39 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 06/12/2023 | 07/05/2023 | $0.17 |
| Dividend | 03/13/2023 | 04/05/2023 | $0.17 |
| Dividend | 12/12/2022 | 01/04/2023 | $0.17 |
| Dividend | 09/12/2022 | 10/05/2022 | $0.17 |
| Dividend | 06/13/2022 | 07/06/2022 | $0.15 |
| Dividend | 03/14/2022 | 04/06/2022 | $0.15 |
| Dividend | 12/13/2021 | 01/05/2022 | $0.15 |
| Dividend | 09/24/2021 | 10/13/2021 | $0.15 |
| Dividend | 06/14/2021 | 07/07/2021 | $0.13 |
| Dividend | 03/15/2021 | 04/07/2021 | $0.13 |
| Dividend | 12/07/2020 | 01/06/2021 | $0.13 |
| Dividend | 09/28/2020 | 10/14/2020 | $0.13 |
| Dividend | 06/15/2020 | 07/08/2020 | $0.12 |
| Dividend | 03/23/2020 | 04/08/2020 | $0.12 |
| Dividend | 12/09/2019 | 01/08/2020 | $0.12 |
| Dividend | 09/27/2019 | 10/16/2019 | $0.12 |
| Dividend | 06/10/2019 | 07/10/2019 | $0.11 |
| Dividend | 03/18/2019 | 04/10/2019 | $0.11 |
| Dividend | 12/03/2018 | 12/26/2018 | $0.11 |
| Dividend | 09/10/2018 | 09/26/2018 | $0.11 |
| Dividend | 06/04/2018 | 06/27/2018 | $0.11 |
| Dividend | 03/05/2018 | 03/28/2018 | $0.05 |
| Dividend | 12/04/2017 | 01/10/2018 | $0.05 |
| Dividend | 09/11/2017 | 10/04/2017 | $0.05 |
| Dividend | 06/02/2017 | 06/28/2017 | $0.05 |
| Dividend | 03/03/2017 | 03/29/2017 | $0.05 |
| Dividend | 12/09/2016 | 01/04/2017 | $0.05 |
About Lam Research
- Sector
- Manufacturing
Questions about LRCX
How much is LRCX today?
LRCX is at $328.51 (1.44% on the day), last traded on 09/30/2026.
How much did LRCX pay in dividends in 2025?
LRCX paid $0.95 per share in 2025, a dividend yield of 0.55%.
When is the next LRCX dividend?
The next announced payment is $0.33 per share on 10/14/2026.
What are the P/E and P/B of LRCX?
LRCX trades at a P/E of 56.58 and a P/B of 32.96.
How much did LRCX return in 12 months?
LRCX returned 109.59% in 12 months, with annualized volatility of 67.00% and a largest drawdown of -32.38%.