Lam Research Corporation

Lam Research Corporation

208.45
EUR
-28.45
(-12.01%)
5.04EPS
73.67P/E
467.10BMarket Cap
Jan 27Next Earn

Total Valuation

EUR

As of June 30, 2026, Lam Research Corporation carries a market capitalization of 467.10B, placing it among publicly traded companies globally. Its enterprise value stands at 465.49B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap467.10B
Enterprise Value465.49B

Important Dates

Lam Research Corporation's next confirmed earnings release is scheduled for January 27, 2027.

Earnings Date1/27/2027

Share Statistics

As of June 30, 2026, Lam Research Corporation has 1.25B shares outstanding.

Shares Outstanding1.25B

Valuation Ratios

As of June 30, 2026, Lam Research Corporation trades at a trailing price-to-earnings ratio of 73.67. The price-to-sales ratio is 23.04, and the price-to-book ratio stands at 42.79.

PE Ratio73.67
PS Ratio23.04
PB Ratio42.79
P/TBV Ratio50.46
P/FCF Ratio91.82
P/OCF Ratio91.38

Enterprise Valuation

As of June 30, 2026, Lam Research Corporation trades at an EV/EBITDA multiple of 61.54 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 22.89 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 64.86 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Lam Research Corporation trades at an EV/FCF ratio of 88.70, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 465.49B versus a market cap of 467.10B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales22.89
EV / EBITDA61.54
EV / EBIT64.86
EV / FCF88.70

Financial Position

As of June 30, 2026, Lam Research Corporation maintains a current ratio of 2.63, meaning it holds 2.6x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 29.95, indicating elevated leverage, while an interest coverage ratio of 55.08 demonstrates strong ability to service its debt obligations.

Current Ratio2.63
Quick Ratio1.84
Debt / Equity29.95
Debt / EBITDA0.43
Interest Coverage55.08

Financial Efficiency

EUR

Over the twelve months ended June 30, 2026, Lam Research Corporation posted a return on equity (ROE) of 65.07, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 46.01 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 32.38, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 48.46, useful for judging operating efficiency across full business cycles. The company generates approximately 1.01M in revenue per employee across its workforce of 20,075.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 2.68 indicates how many times Lam Research Corporation sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)65.07
Return on Assets (ROA)32.38
Return on Invested Capital (ROIC)46.01
Return on Capital Employed (ROCE)48.46
Revenue Per Employee1.01M
Employee Count20,075.00
Inventory Turnover2.68

Taxes

EUR

Over the twelve months ended June 30, 2026, Lam Research Corporation recorded 872.74M in income tax expense. That works out to an effective tax rate of 12.07, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 7.23B, leaving 6.36B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax872.74M
Effective Tax Rate12.07

Stock Price Statistics

EUR

As of the close on October 22, 2026, Lam Research Corporation's stock has gained approximately 73.71% over the past 52 weeks. The 50-day moving average sits at 265.83, while the 200-day moving average is 246.03.

52-Week Price Change73.71%
50-Day Moving Average265.83
200-Day Moving Average246.03

Income Statement

EUR

Over the twelve months ended June 30, 2026, Lam Research Corporation generated 20.34B in revenue and converted that into 6.36B in net income, yielding earnings per share of 5.04. EBITDA reached 7.56B, while operating income came in at 7.18B.

Revenue20.34B
Gross Profit10.26B
Operating Income7.18B
Pretax Income7.23B
Net Income6.36B
EBITDA7.56B
EBIT7.18B
Earnings Per Share (EPS)5.04

Balance Sheet

EUR

As of June 30, 2026, Lam Research Corporation holds 4.88B in cash and equivalents against 3.27B in total debt, resulting in a net debt position of -1.63B. Total book value stands at 10.92B, with working capital of 8.47B providing operational flexibility.

Cash & Cash Equivalents4.88B
Total Debt3.27B
Net Debt-1.63B
Equity (Book Value)10.92B
Book Value Per Share8.72
Working Capital8.47B

Cash Flow

EUR

Lam Research Corporation produced 5.13B in operating cash flow over the twelve months ended June 30, 2026.

Operating Cash Flow5.13B
Free Cash Flow5.13B
FCF Per Share4.09

Margins

Over the twelve months ended June 30, 2026, Lam Research Corporation posted a gross margin of 50.47, reflecting its pricing power and cost economics. The operating margin of 35.29 and net profit margin of 31.27 provide insight into operational efficiency.

Gross Margin50.47
Operating Margin35.29
Pretax Margin35.56
Profit Margin31.27
EBITDA Margin37.19

Dividends & Yields

EUR

Over the twelve months ended June 30, 2026, Lam Research Corporation paid dividends of 0.89 per share. The dividend payout ratio of 17.49 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 1.09, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 1.07, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Lam Research Corporation shareholders.

Dividend Per Share0.89
Payout Ratio17.49
Shareholder Yield1.07
FCF Yield1.09

Stock Splits

Lam Research Corporation's most recent stock split took place on October 3, 2024 with a 1:10 split ratio.

Last Split Date10/3/2024
Split Ratio1:10

Scores

As of June 30, 2026, Lam Research Corporation has an Altman Z-Score of 34.08, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score34.08