LAM RESEARCH CORP (LRCX) Overview
Industrials • Nasdaq • CIK 0000707549
Loading...
Data provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. iex.io/legal/hist-data-terms
Market Cap
$292.01B
P/E (TTM)
34.6x
Rev Growth (TTM)
+33.4%
Net Margin (TTM)
32.3%
FCF Yield (TTM)
2.2%
FCF Margin (TTM)
25.0%
Figures as of September 27, 2026
Filings
Primary-source SEC disclosures, read end-to-end. SEC figures cite the filing they come from.
8-KNov 20262026-11-05source
10-Q2027 Q12026-10-22source
8-KEarnings2026-10-21source
8-KAug 20262026-08-27source
10-K2026 FY2026-08-07source
What your agent reads
Investor Relations
Company-published material — management’s own words, not SEC-audited. Each source below is labeled so your agent knows what to verify.
Company-published, not SEC-audited
Earnings
Q1
26 days ago
8-K releaseRevenue
$8.22B
+54.4%
Net Income
$2.75B
—
EPS
$2.19
+76.6%
Most recent quarterly earnings snapshot
Cash Flow Health
Free Cash Flow8/8 positive
TTM$6.5B
Q1 '27
$3.2B+155%
Q4 '26
$1.3B+57%
FCF Margin
TTM25.0%
Q1 '2739.4%+109%
Sector: 6.3%Top 10%
OCF Margin
29.0%
OCF/NI0.90x
CapEx Coverage
7.3x
FCF Yield2.2%
FCF Growth (3Y)+13%
Cash Conversion Cycle
147 days
DSO: 62+DIO: 119−DPO: 33
Cash flow trends & capital efficiency
Capital Allocation
Total Shareholder YieldTTM
TTM1.8%
Div Yield0.4%
+Buyback (TTM)1.3%
Dividend & Payout Metrics
Dividend Yield (TTM)0.4%
FCF Payout Ratio19.9%
Free Cash Flow (TTM)$6.5B
Stock Repurchases (TTM)$3.9B
Capital Return / FCF79.6%
Shares Outstanding (YoY)-0.8%↓ Buyback
Est. Dividends Paid (TTM)$1.3B
Shows how management rewards shareholders
Valuation Metrics
Price-to-EarningsTTM
34.6x
Volatile
8Q: 30.3x+2899%
Valuation Lenses
Earnings
34.6x
vs – sector
Cash Flow
44.1x
EV/FCF vs –
Growth-Adj
0.7xPEG
Undervalued for growth
Quality-Adj
0.6P/E per %ROIC
ROIC: 54.8%
Shareholder Returns
Dividend
0.4%
Buyback
1.3%
Total Yield
1.8%
Market Cap$292.01B
EV$288.31B
Data provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. iex.io/legal/hist-data-terms
Multi-angle valuation analysis with sector context
Margins & Efficiency
ROIC 75th pctile
Profitability Cascade
Gross
51.1%
Operating
37.0%
Top 25% in sector
Net
32.3%
Margins Unknown
Return on Invested CapitalTTM
54.8%
Moderate
+0.1% YoY8Q: 45.2%+26.7%
P25MedianP75
75th pctl (med: 7.2%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
32.1%
8Q: 30.6%
Asset Turnover
1.16x
8Q: 0.99x
Leverage (1+D/E)
1.27x
D/E: 0.27x
DuPont: 47.4% ≈ 54.8% ROIC
Asset & CapEx Efficiency
Fixed Asset Turn
9.29x
8Q:8.56x
+230.9%
Invested Cap Turn
2.15x
8Q:1.94x
+64.9%
CapEx Intensity
8.6%
8Q:6.9%
CapEx/Depreciation
2.25x
FCF vs Net Margin Gap-7.3 pts
Margin trends, ROIC, and capital efficiency
Balance Sheet & Solvency
Net Cash
Net Debt / EBITDA
Net Cash
(0.2x)Net Cash: $3.70B
Interest Coverage
63.9x
+Net cash position: $3.70B
+Strong interest coverage: 63.9x
Leverage Metrics
Debt-to-Equity
0.27x
Balance sheet risk & solvency analysis
Related Research
3 related posts