What are Lam Research's profit margins?

Lam Research (LRCX) runs a 50.0% gross margin and a 34.3% operating margin, with a 30.9% net margin.

Where do Lam Research's ratios come from?

Every ratio is computed from Lam Research's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Lam Research LRCX Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	191.8%+7.6pp	184.2%+3.9pp	180.3%-3.8pp	184.1%-1.9pp
Operating margin	121.3%+9.1pp	112.1%-11.8pp	123.9%-1.2pp	125.1%+8.2pp
Net margin	108.8%+8.5pp	100.3%-5.6pp	105.8%-2.9pp	108.7%+7.5pp
Returns
Return on equity	210.9%+28.0pp	182.9%-90.2pp	273.1%-34.0pp	307.1%+57.0pp
Return on invested capital	228.9%+42.3pp	186.6%-85.0pp	271.6%+3.5pp	268%+53.0pp
Efficiency
Asset turnover	3.5×+0.3×	3.2×-1.0×	4.1×0.0×	4.2×+0.6×
Liquidity
Current ratio	9.7×-2.2×	11.9×-0.1×	12×0.0×	11.9×-1.0×
Leverage
Debt-to-equity	2.1×-0.4×	2.5×-0.1×	2.5×-0.8×	3.3×-0.8×
Net debt / EBITDA	-0.8×-0.3×	-0.5×-0.4×	-0×-0.4×	0.4×-1.0×
Per Share
Book value per share	$28.34+14.1%	$24.83-86.4%	$183.08+5.1%	$174.24+13.8%
Valuation
Market capitalization	$414.61B-8.1%	$451.22B+71.1%	$263.7B-16.4%	$315.5B+9.3%
Price / earnings	90.6×-31.3×	122×+67.1×	54.9×-15.3×	70.2×-17.8×
Price / sales	24.6×-6.0×	30.6×+16.2×	14.5×-4.7×	19.1×-3.3×
Price / book	45.3×-9.6×	54.9×+22.4×	32.5×-18.8×	51.3×-0.2×
EV / EBITDA	75×-25.0×	100×+55.7×	44.3×-13.7×	58×-14.3×
Dividend yield	4.3%+0.7pp	3.6%-1.9pp	5.5%+1.4pp	4.1%0.0pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Lam Research.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What are Lam Research's profit margins?: Lam Research (LRCX) runs a 50.0% gross margin and a 34.3% operating margin, with a 30.9% net margin.
Where do Lam Research's ratios come from?: Every ratio is computed from Lam Research's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.