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StockVS

NASDAQ · Semiconductor Equipment & Materials · USD

Lam Research Corporation (LRCX) Stock Analysis

Lam Research Corporation (LRCX) is a Semiconductor Equipment & Materials stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

LRCX

$260.81

−$2.64 (−1.00%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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LRCX Key Statistics

As of Oct 21, 2026
Trading
Open
$270.90
Previous Close
$263.45
Day's Range
259.06–270.90
52-Week Range
135.50–438.50
Volume
15.26M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.85
Valuation
Market Cap
$326.38B
P/E Ratio
45.28
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
21.85
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.23
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
14.05
EPS (ttm)Profit attributable to each share over the last twelve months.
5.76
Financials (FY)
Revenue (FY)
$18.44B+23.68%
Net Income (FY)
$5.36B+39.98%
Profit marginThe share of revenue left as profit after all costs and taxes.
31.27%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
1.25B
1-Year Return
+80.65%
Dividend and dates
Dividend
$1.32+0.50%
Ex-Dividend Date
September 23, 2026
Earnings Date
October 21, 2026
Avg Volume
9.18M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, LRCX closed at $260.81, +80.65% over 1 year.

Lam Research Corporation (LRCX) has a market capitalization of $326.38B.

In fiscal 2025, LRCX reported revenue of $18.44B.

LRCX Stock Return by Calendar Year

Lam Research Corporation (LRCX) 10-year return: what $10,000 became

1 year
$10,000 $18,065
+80.65%
5 years
$10,000 $49,397
+393.97%
10 years
$10,000 $305,262
+2,952.62%

If you had invested $10,000 in Lam Research Corporation (LRCX) 10 years ago, at the close on October 21, 2016, it would have been worth $305,262 at the close on October 21, 2026: +2,952.62% in total, +40.76% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+52.81%
2025+139.16%
2024−6.84%
2023+88.63%
2022−40.72%
2021+53.66%
2020+64.18%
2019+119.33%
2018−24.40%
2017+76.21%
2016 (partial year)+14.90%

As of October 21, 2026.

LRCX Revenue and Earnings by Fiscal Year

FY ends June
Fiscal yearRevenueNet incomeNet margin
2025$18.44B$5.36B29.1%
2024$14.91B$3.83B25.7%
2023$17.43B$4.51B25.9%
2022$17.23B$4.61B26.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$18.44B$8.98B$5.90B$5.36B29.1%
2024$14.91B$7.05B$4.28B$3.83B25.7%
2023$17.43B$7.78B$5.22B$4.51B25.9%
2022$17.23B$7.87B$5.38B$4.61B26.7%

Annual figures as reported, in the company's reporting currency. As of June 30, 2025.

LRCX Dividend History

$0.98+14.0% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$0.853—
2025$0.984+14.0%
2024$0.864+15.4%
2023$0.754+15.5%
YearDividends per sharePaymentsChange
2026 (partial year)$0.853—
2025$0.984+14.0%
2024$0.864+15.4%
2023$0.754+15.5%
2022$0.654+15.2%
2021$0.564+14.3%
2020$0.494+8.9%
2019$0.454+18.4%
2018$0.384+105.4%
2017$0.194+311.1%
2016$0.051—

Most recent payment: $0.28 per share, ex-dividend September 23, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

LRCX Valuation vs Semiconductor Equipment & Materials Median

Median of 30 stocks
MetricLRCXSemiconductor Equipment & Materials medianvs median
P/E45.2845.280% above
P/S ratio14.054.92186% above
Profit margin31.27%9.41%21.9 pts above

Medians across 30 Semiconductor Equipment & Materials stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Lam Research Corporation (LRCX) carries a market capitalisation of $326.38B. It is classified in the Semiconductor Equipment & Materials industry, within the Technology sector. The company reports 23,300 employees.

LRCX last closed at $260.81 on October 21, 2026. That is −$2.64 (−1.00%) against the previous close. Over the past 52 weeks the price has ranged from $135.50 to $438.50. The latest close sits 92.48% above that 52-week low.

Financial Health

In fiscal 2025, Lam Research Corporation reported revenue of $18.44B. Against the prior fiscal year total of $14.91B, that is a change of +23.68%. Net income for the same year was $5.36B. That is +39.98% against the prior fiscal year. Profit margin runs at 31.27%. That is 21.9 percentage points above the Semiconductor Equipment & Materials median of 9.41%. Earnings per share on a trailing basis come to 5.76.

Across the 4 fiscal years on file, revenue moves from $17.23B in 2022 to $18.44B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

LRCX trades at a trailing price-to-earnings ratio of 45.28. That is 0% above the Semiconductor Equipment & Materials median of 45.28. The forward P/E on file is 21.85. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.23. Measured against sales, the shares trade at 14.05 times revenue. On price-to-sales that is 185.72% above the Semiconductor Equipment & Materials median of 4.92. 30 Semiconductor Equipment & Materials companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the total return is +80.65%. Measured over 10 years, that is +40.76% a year compounded. Beta against the wider market is reported at 1.85. Annualized volatility over the trailing 10 years is 46.76%.

Growth & Income

Shareholders receive a dividend, yielding 0.5% on the latest price. The indicated annual rate is $1.32 a share. The ex-dividend date on file is September 23, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $0.85 a share. The year before, 2025, totalled $0.98 a share.

2026 is still running; the total return is +52.81% year to date. The strongest complete calendar year on file is 2025 at +139.16%; the weakest is 2022 at −40.72%. Of the 9 complete calendar years on file, 6 finished higher.

Peer Comparison

Lam Research Corporation (LRCX) operates in the Semiconductor Equipment & Materials industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Lam Research Corporation LRCX $326.38B 45.3
ASML Holding N.V. ASML $646.23B 41.3
Applied Materials, Inc. AMAT $324.53B 35.3
KLA Corporation KLAC $213.28B 44.7

The Semiconductor Equipment & Materials industry average P/E ratio is 45.3x. Lam Research Corporation trades at a P/E of 45.3.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Lam Research Corporation

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company offers ALTUS systems to deposit conformal or selective films for tungsten or molybdenum metallization applications; SABRE electrochemical deposition products for copper interconnect transition, which support copper damascene manufacturing; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced chemical vapor deposition (CVD) products. It also provides Akara, a conductor etch system designed to enhance etch precision, selectivity, and defect control; Argos, Prevos, and Selis, which are selective etch systems used in the fabrication of advanced logic and memory devices that require precise control at nanoscale dimensions; Flex for dielectric etch applications; Vantex, a dielectric etch system that provides RF technology and repeatable wafer-to-wafer performance enabled by Equipment Intelligence solutions; Kiyo for conductor etch applications; Syndion for deep silicon etch; and Versys metal products for metal etch processes. In addition, the company offers Coronus bevel clean products to enhance die yield and Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications. Further, it provides Reliant deposition, etch, and clean products; Sense.i platform products; and customer service, spares, and upgrades. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.

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