SuperworthLam Research Corporation LRCX
Semiconductors, Technology
$329.51
−1.31%
- Market cap
- $412.3B
- PE
- 57.2×
- 10y median 21.0×
- Forward PE
- Price to sales
- 17.7×
- EV/EBIT
- 50.1×
- Revenue, 12 months
- $23.2B
- +26% on a year ago
- Net margin
- 31.3%
- Free cash flow yield
- 1.2%
Lam Research trades at 57.2× trailing earnings, pricier than 98% of the last ten years. Revenue was $23.2B over the last twelve months, up 26% on a year earlier with a 31% net margin.
Charts
Financials
| Income statement | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $3.8B | $3.8B | $3.9B | $4.2B | $4.4B+16% | $4.7B+24% | $5.2B+34% | $5.3B+28% | $5.3B+22% | $5.8B+24% | $6.7B+30% | |
| Cost of revenue | $2B | $2B | $2B | $2.2B | $2.3B+15% | $2.4B+21% | $2.6B+27% | $2.6B+22% | $2.7B+17% | $2.9B+22% | $3.2B+26% |
| Gross profit | $1.8B | $1.8B | $1.8B | $2B | $2.1B+18% | $2.3B+29% | $2.6B+41% | $2.7B+34% | $2.7B+28% | $2.9B+26% | $3.5B+34% |
| R&D | $469.7M | $512.3M | $497.8M | $495.4M | $494.9M+5% | $525.9M+3% | $580.2M+17% | $576.4M+16% | $573.3M+16% | $583.2M+11% | $642.9M+11% |
| SG&A | $228.8M | $215.9M | $216.5M | $243.1M | $244.2M+7% | $226M+5% | $268.4M+24% | $279.3M+15% | $267.7M+10% | $280.3M+24% | $322.3M+20% |
| $1.1B | $1.1B | $1.1B | $1.3B | $1.3B+26% | $1.6B+48% | $1.7B+55% | $1.8B+45% | $1.8B+36% | $2B+31% | $2.5B+44% | |
| Interest expense | $46.3M | $47.2M | $46.4M | $44.9M | $45.3M−2% | $45.2M−4% | $42.8M−8% | $42.5M−6% | $42.5M−6% | $39.3M−13% | $0 |
| Pre-tax income | $1.1B | $1.1B | $1.2B | $1.3B | $1.3B+24% | $1.5B+41% | $1.8B+54% | $1.9B+44% | $1.8B+36% | $2B+31% | $2.6B+44% |
| $132.8M | $127.4M | $134.1M | $177.8M | $157.1M+18% | $206.1M+62% | $58.9M−56% | $290.5M+63% | $242.6M+54% | $186.1M−10% | $277.9M+372% | |
| Net income | $954.3M | $965.8M | $1B | $1.1B | $1.2B+25% | $1.3B+38% | $1.7B+69% | $1.6B+41% | $1.6B+34% | $1.8B+37% | $2.3B+32% |
| $0.72 | $0.73 | $0.78 | $0.86 | $0.92+28% | $1.03+41% | $1.35+73% | $1.24+44% | $1.26+37% | $1.45+41% | $1.81+34% | |
| 1.3B | 1.3B | 1.3B | 1.3B | 1.3B−2% | 1.3B−2% | 1.3B−3% | 1.3B−3% | 1.3B−2% | 1.3B−2% | 1.3B−1% |
From each company's 10-Q and 10-K filings. Fiscal years are four fiscal quarters added up; balance sheet lines are as of the period's end. Growth is on the same period a year earlier.
Estimates
Next earnings report: .
Analyst consensus for the next eight quarters, with the range from the lowest to the highest estimate, is part of Superworth Pro.
Peers
Companies in Semiconductors within ten times Lam Research's size, closest in size first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| LRCXLam Research Corporation | $412.3B | 57.2× | 21.0× | 17.7× | +26% | 31.3% | |
| AMATApplied Materials, Inc. | $413.2B | 44.9× | 19.7× | 13.4× | +8% | 30.1% | |
| TXNTexas Instruments Incorporated | $263.9B | 44.0× | 24.1× | 13.6× | +17% | 31.1% | |
| KLACKLA Corporation | $257.2B | 53.7× | 23.8× | 18.9× | +12% | 35.6% | |
| MRVLMarvell Technology, Inc. | $249.6B | 94.0× | 31.6× | 26.4× | +31% | 27.9% | |
| ADIAnalog Devices, Inc. | $198.7B | 48.6× | 39.1× | 14.3× | +34% | 29.8% | |
| QCOMQUALCOMM Incorporated | $186B | 20.2× | 20.2× | 4.2× | +2% | 21.0% | |
| AMDAdvanced Micro Devices, Inc. | $1.1T | 166× | 109× | 25.5× | +40% | 15.6% | |
| MUMicron Technology, Inc. | $1.2T | 14.7× | 17.4× | 9.2× | +256% | 63.8% | |
| AVGOBroadcom Inc. | $1.8T | 48.1× | 44.4× | 20.2× | +49% | 42.9% | |
| MPWRMonolithic Power Systems, Inc. | $70.1B | 87.3× | 73.8× | 21.4× | +29% | 24.5% | |
| Peer median | $260.5B | 48.4× | 27.8× | 16.6× | +30% | 29.9% |
About
- Chief executive
- Tim Archer, since 2018Joined 2012, CEO since December 2018.
- Industry
- Semiconductors
- Sector
- Technology
Valuation data, not investment advice. Prices as of .