lam research corp. - LRCX

LRCX

Close Chg Chg %
75.58 0.68 0.90%

Closed Market

76.26

+0.68 (0.90%)

Volume: 10.82M

Last Updated:

Dec 13, 2024, 4:00 PM EDT

Company Overview: lam research corp. - LRCX

LRCX Key Data

Open

$76.33

Day Range

75.44 - 77.32

52 Week Range

68.87 - 113.00

Market Cap

$97.25B

Shares Outstanding

1.29B

Public Float

1.28B

Beta

1.47

Rev. Per Employee

N/A

P/E Ratio

24.46

EPS

$3.10

Yield

109.82%

Dividend

$0.23

EX-DIVIDEND DATE

Dec 11, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

11.13M

 

LRCX Performance

1 Week
 
-0.43%
 
1 Month
 
8.87%
 
3 Months
 
-0.93%
 
1 Year
 
-1.41%
 
5 Years
 
170.47%
 

LRCX Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 34
Full Ratings ➔

About lam research corp. - LRCX

Lam Research Corp. engages in the design, manufacture, marketing, refurbishment, and provision of semiconductor processing equipment used in the fabrication of integrated circuits. It operates through the following geographical segments: United States, China, Europe, Japan, Korea, Southeast Asia and Taiwan. The company was founded by David K. Lam in 1980 and is headquartered in Fremont, CA.

LRCX At a Glance

Lam Research Corp.
4650 Cushing Parkway
Fremont, California 94538
Phone 1-510-572-0200 Revenue 14.91B
Industry Industrial Machinery Net Income 3.83B
Sector Producer Manufacturing Employees 17,450
Fiscal Year-end 06 / 2025
View SEC Filings

LRCX Valuation

P/E Current 24.456
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 36.72
Price to Sales Ratio 9.43
Price to Book Ratio 16.258
Price to Cash Flow Ratio 30.212
Enterprise Value to EBITDA 29.877
Enterprise Value to Sales 9.391
Total Debt to Enterprise Value 0.038

LRCX Efficiency

Revenue/Employee 854,176.848
Income Per Employee 219,356.562
Receivables Turnover 5.917
Total Asset Turnover 0.794

LRCX Liquidity

Current Ratio 2.97
Quick Ratio 1.997
Cash Ratio 1.348

LRCX Profitability

Gross Margin 47.608
Operating Margin 29.02
Pretax Margin 29.253
Net Margin 25.68
Return on Assets 20.40
Return on Equity 45.706
Return on Total Capital 27.716
Return on Invested Capital 28.751

LRCX Capital Structure

Total Debt to Total Equity 61.726
Total Debt to Total Capital 38.167
Total Debt to Total Assets 28.12
Long-Term Debt to Equity 55.06
Long-Term Debt to Total Capital 34.045
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Lam Research Corp. - LRCX

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
14.63B 17.18B 17.43B 14.91B
Sales Growth
+45.66% +17.48% +1.42% -14.47%
Cost of Goods Sold (COGS) incl D&A
7.82B 9.34B 9.58B 7.81B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
307.15M 333.74M 342.43M 359.70M
Depreciation
236.55M 255.74M 290.93M 303.40M
Amortization of Intangibles
70.60M 78.00M 51.50M 56.30M
COGS Growth
+43.99% +19.42% +2.49% -18.45%
Gross Income
6.80B 7.84B 7.85B 7.10B
Gross Income Growth
+47.63% +15.25% +0.15% -9.61%
Gross Profit Margin
+46.50% +45.62% +45.05% +47.61%
2021 2022 2023 2024 5-year trend
SG&A Expense
2.33B 2.49B 2.56B 2.77B
Research & Development
1.49B 1.60B 1.73B 1.90B
Other SG&A
833.50M 883.30M 832.89M 868.25M
SGA Growth
+20.33% +6.90% +2.91% +8.23%
Other Operating Expense
- - - -
-
Unusual Expense
(7.06M) (14.36M) 129.86M 61.56M
EBIT after Unusual Expense
4.48B 5.36B 5.16B 4.26B
Non Operating Income/Expense
98.47M 12.89M 135.30M 281.55M
Non-Operating Interest Income
19.69M 15.21M 138.98M 251.94M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
208.60M 184.76M 186.46M 185.24M
Interest Expense Growth
+17.56% -11.43% +0.92% -0.66%
Gross Interest Expense
208.60M 184.76M 186.46M 185.24M
Interest Capitalized
- - - -
-
Pretax Income
4.37B 5.19B 5.11B 4.36B
Pretax Income Growth
+69.74% +18.81% -1.62% -14.66%
Pretax Margin
+29.89% +30.22% +29.32% +29.25%
Income Tax
462.35M 587.83M 598.28M 532.45M
Income Tax - Current - Domestic
451.08M 641.10M 573.50M 586.19M
Income Tax - Current - Foreign
162.74M 204.16M 196.84M 143.59M
Income Tax - Deferred - Domestic
(147.85M) (245.99M) (138.99M) (201.36M)
Income Tax - Deferred - Foreign
(3.62M) (11.45M) (33.07M) 4.02M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
3.91B 4.61B 4.51B 3.83B
Minority Interest Expense
- - - -
-
Net Income
3.91B 4.61B 4.51B 3.83B
Net Income Growth
+73.57% +17.83% -2.05% -15.14%
Net Margin Growth
+26.72% +26.80% +25.89% +25.68%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
3.91B 4.61B 4.51B 3.83B
Preferred Dividends
- - - -
-
Net Income Available to Common
3.91B 4.61B 4.51B 3.83B
EPS (Basic)
2.7216 3.2919 3.3298 2.9128
EPS (Basic) Growth
+75.03% +20.95% +1.15% -12.52%
Basic Shares Outstanding
1.44B 1.40B 1.35B 1.31B
EPS (Diluted)
2.6896 3.2748 3.3209 2.8999
EPS (Diluted) Growth
+78.08% +21.76% +1.41% -12.68%
Diluted Shares Outstanding
1.45B 1.41B 1.36B 1.32B
EBITDA
4.78B 5.68B 5.63B 4.69B
EBITDA Growth
+62.54% +18.89% -0.91% -16.82%
EBITDA Margin
+32.69% +33.08% +32.32% +31.43%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 94.241
Number of Ratings 34 Current Quarters Estimate 0.878
FY Report Date 12 / 2024 Current Year's Estimate 3.552
Last Quarter’s Earnings 0.86 Median PE on CY Estimate N/A
Year Ago Earnings 3.03 Next Fiscal Year Estimate 4.171
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 24 23 27 22
Mean Estimate 0.88 0.88 3.55 4.17
High Estimates 0.92 0.95 3.82 4.75
Low Estimate 0.83 0.82 3.36 3.37
Coefficient of Variance 2.09 3.63 2.88 8.35

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 19 19 18
OVERWEIGHT 3 3 4
HOLD 12 12 11
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Lam Research Corp. - LRCX

Date Name Shares Transaction Value
Nov 13, 2024 Eric K. Brandt Director 287,070 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 Sohail U. Ahmed Director 2,950 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 Mark Fields Director 737 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 Michael R. Cannon Director 189,740 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 Bethany Jean Mayer Director 2,950 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 Ho Kyu Kang Director 8,693 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 Jyoti K. Mehra Director 16,840 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 Abhijit Y. Talwalkar Director 108,360 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 John M. Dineen Director 7,500 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 13, 2024 Mark Fields Director 3,687 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 8, 2024 Bethany Jean Mayer Director 28,930 Other acquisition or disposition 0.00
Oct 2, 2024 Sesha Varadarajan Senior Vice President 16,454 Bona fide gift 0.00
Jul 16, 2024 Neil J Fernandes Senior Vice President 5,237 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $1056.99 per share 5,535,456.63
May 7, 2024 George Milford Schisler Chief Legal Officer 5,661 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $908.21 per share 5,141,376.81
May 1, 2024 Patrick James Lord Executive Vice President 4,454 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $921.54 per share 4,104,539.16
Apr 3, 2024 Christina Corrreia CVP , Chief Accounting Officer 5,541 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $972.03 per share 5,386,018.23
Mar 20, 2024 Sesha Varadarajan Senior Vice President 16,595 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $913.99 per share 15,167,664.05
Mar 14, 2024 Patrick James Lord Executive Vice President 9,492 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $925.29 per share 8,782,852.68
Mar 14, 2024 Patrick James Lord Executive Vice President 9,692 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $924.26 per share 8,957,927.92
Mar 14, 2024 Patrick James Lord Executive Vice President 8,439 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $927 per share 7,822,953.00

Lam Research Corp. in the News