Lam Research Corp. engages in manufacturing and servicing of wafer processing semiconductor manufacturing equipment. It operates through the following geographical segments: the United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan. It offers thin film deposition, plasma etch, photoresist strip, and wafer cleaning. The company was founded by David Lam on January 21, 1980 and is headquartered in Fremont, CA.
Highlights
Lam Research's EPS has increased by 27% YoY and by 16% from the previous quarter
The net income is up by 23% year-on-year and by 16% since the previous quarter
The debt is up by 31% year-on-year
LRCX's price to earnings (P/E) is 29% higher than its 5-year quarterly average of 15.1 and 3% higher than its last 4 quarters average of 18.9
Key stats
What are the main financial stats of LRCX
Market
Shares outstanding
144.01M
Market cap
$50.47B
Enterprise value
$51.92B
Valuations
Price to earnings (P/E)
19.47
Price to book (P/B)
9.42
Price to sales (P/S)
4.6
EV/EBIT
17.47
EV/EBITDA
15.98
EV/Sales
4.7
Earnings
Revenue
$11.06B
EBIT
$2.97B
EBITDA
$3.25B
Free cash flow
$2.08B
Per share
EPS
$18
Free cash flow per share
$14.31
Book value per share
$37.21
Revenue per share
$76.11
TBVPS
$92.32
Balance sheet
Total assets
$15.06B
Total liabilities
$9.63B
Debt
$5.83B
Equity
$5.42B
Working capital
$7.87B
Liquidity
Debt to equity
1.08
Current ratio
3.31
Quick ratio
2.71
Net debt/EBITDA
0.44
Margins
EBITDA margin
29.4%
Gross margin
46.4%
Net margin
23.6%
Operating margin
28%
Efficiency
Return on assets
19.2%
Return on equity
53.5%
Return on invested capital
29.2%
Return on capital employed
25.5%
Return on sales
26.9%
Dividend
Dividend yield
1.36%
DPS
$4.75
Payout ratio
26.4%
LRCX stock price
How has the Lam Research stock price performed over time
Financial performance
How have Lam Research's revenue and profit performed over time
Revenue
$11.06B
Gross profit
$5.13B
Operating income
$3.1B
Net income
$2.61B
Gross margin
46.4%
Net margin
23.6%
Lam Research's operating income has increased by 29% YoY and by 16% QoQ
The net income is up by 23% year-on-year and by 16% since the previous quarter
The company's gross profit rose by 20% YoY and by 11% QoQ
Lam Research's revenue has increased by 17% YoY and by 10% QoQ
Growth
What is Lam Research's growth rate over time
Valuation
What is Lam Research stock price valuation
P/E
19.47
P/B
9.42
P/S
4.6
EV/EBIT
17.47
EV/EBITDA
15.98
EV/Sales
4.7
LRCX's price to earnings (P/E) is 29% higher than its 5-year quarterly average of 15.1 and 3% higher than its last 4 quarters average of 18.9
Lam Research's EPS has increased by 27% YoY and by 16% from the previous quarter
The P/B is 92% above the 5-year quarterly average of 4.9 and 8% above the last 4 quarters average of 8.7
The equity has grown by 10% YoY and by 4.8% from the previous quarter
LRCX's price to sales (P/S) is 53% higher than its 5-year quarterly average of 3.0 and 10% higher than its last 4 quarters average of 4.2
Lam Research's revenue has increased by 17% YoY and by 10% QoQ
Efficiency
How efficient is Lam Research business performance
The return on equity has grown by 30% year-on-year and by 13% since the previous quarter
LRCX's ROA is up by 10% from the previous quarter and by 8% YoY
Lam Research's return on invested capital has decreased by 10% YoY but it has increased by 5% QoQ
Lam Research's ROS has increased by 7% YoY and by 5% from the previous quarter
Dividends
What is LRCX's dividend history
DPS
$4.75
Dividend yield
1.36%
Payout ratio
26.4%
Recent dividends
Financial health
How did Lam Research financials performed over time
LRCX's total assets is 56% greater than its total liabilities
Lam Research's total liabilities has increased by 31% YoY and by 2.7% from the previous quarter
LRCX's total assets is up by 22% year-on-year and by 3.4% since the previous quarter
The debt is 8% greater than the equity
Lam Research's debt to equity has increased by 20% YoY but it has decreased by 3.6% from the previous quarter
The equity has grown by 10% YoY and by 4.8% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.