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Lam Research LRCX Price / earnings

Price / earnings at other companies

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Applied MaterialsAMAT
36.8×+18.7×
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88.4×+70.2×
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KLA CorporationKLAC
81.6×+52.6×
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Axcelis TechnologiesACLS
28.3×+19.4×
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EnproNPO
54.6×
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Ichor HoldingsICHR
48.7×+36.9×

Other financials

Income statement

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Revenue$6.7B+30.0%
Gross profit$3.5B+34.3%
Operating income$2.5B+44.4%
Net income$2.3B+32.4%
EPS (diluted)$1.81+35.1%

Balance sheet

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Cash & equivalents$5.6B-12.9%
Total debt$3.7B-21.5%
Total equity$12.5B+26.5%
Total assets$23.5B+10.2%

Cash flow

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Operating cash flow$1.5B-42.9%
CapEx-$188.8M-210%
Free cash flow$1.3B-46.7%

Valuation

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Market cap$366.65B+194%
Enterprise value$364.8B+196%
P/S15.8×+9.0×

Profitability

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Gross margin50.5%+1.8pp
Operating margin35.3%+3.3pp
Net margin31.3%+2.2pp
FCF margin21.1%-8.3pp

Returns & leverage

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Return on equity65.1%+6.8pp
Debt / equity0.3×-0.2×
Current ratio2.6×+0.4×

Where this comes from

Calculated from Lam Research’s reported figures.

Based on the most recent quarter.

The source filing: Lam Research’s 8-K, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:07 PM EDT
Accession
0000707549-26-000033

FAQ

What is Lam Research's price / earnings?
Lam Research (LRCX) reported price / earnings of 65.3× in Q2 2026.
How has Lam Research's price / earnings changed year-over-year?
Lam Research's price / earnings increased by 185.8% year-over-year, from 22.8× to 65.3×.
What is the long-term trend for Lam Research's price / earnings?
Over 5 years (2021 to 2026), Lam Research's price / earnings has grown at a 22.7% compound annual growth rate (CAGR), from 23.4× to 65.3×.
What does price / earnings mean?
Market capitalization at the quarter end divided by trailing-twelve-month net income. The price the market pays for each dollar of trailing earnings.

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