Score Your Stock

US stock · figures in US dollars · scored on full-year results

Lam Research Lam Research Corporation

LRCX · Technology · Semiconductor Equipment & Materials
Top 2% of scored stocks
OkayTop 2% of scored stocks
Weak Spot

Lam Research scores 79/100 on fundamentals: in the top 2% of 503 scored S&P 500 stocks. Its strongest area is Business Strength (100/100); its weakest is Price Fairness (17/100). It carries 1 warning flag: Weak Spot.

Best
Business 100
Financial 100
Risk 100
Weakest
Price 17
  • Carries a Weak Spot flag

A financially strong, expensively priced stock with healthy growth, but price fairness needs attention.

What looks good
What to watch
Mkt capUS$ 299.2b#37 of 503 in the S&P 500EPSUS$ 6.71P/E35.4×✗ vs sector median 31.5×P/B21.5×✗ vs sector median 7.4×Div yield0%Bottom 27% in the S&P 50052w range · 34% of range135.50438.50
as of 31 Oct 2026

Nearby peers

Ranks #3 of 86 in Technology by score

#1First Solar87#2PTC81
#3Lam Research79
#4Intuit78#5Teradyne76#6TE Connectivity75

One-Minute Summary

Why Lam Research scores 79

A financially strong, expensively priced stock with healthy growth, but price fairness needs attention.

What looks good
What to watch

Business Strength

100
Why 100?
Pillar score: (2 + 2 + 2 + 2 + 2) = 10 of 10 points → 100
Return on Equity (ROE)61%Strong4-Year Revenue Growth+21%/yrStrong4-Year Profit Growth+30%/yrStrongNet Profit Margin32%StrongQuarterly Momentum+26%Strong
Show 3 charts

Net Profit & Equity, with ROE

Net Profit ↑ +120.8%Equity ↑ +62.9%ROE % 60.8%
Net ProfitEquityROE %
3.8b5.4b7.3b8.4b8.5b9.9b12.5b13.9b202420252026TTM44.8%54.3%58.3%60.8%

Revenue & Net Profit, with Net Margin

Revenue ↑ +75.3%Net Profit ↑ +120.8%Net Margin % 32.3%
RevenueNet ProfitNet Margin %
14.9b18.4b23.2b26.1b3.8b5.4b7.3b8.4b202420252026TTM25.7%29.1%31.3%32.3%

Sales grew about 75.3% over 4 years: customers keep spending more with this company.

Profit climbed about 120.8% over 4 years: the business keeps more money as it grows.

Recent Quarters: Revenue & Net Profit (the last 8 quarters, scored)

Revenue ↑ +61.3%Net Profit ↑ +104%Net Margin % 33.9%
RevenueNet ProfitNet Margin %
4.2b4.4b4.7b5.2b5.3b5.3b5.8b6.7b1.1b1.2b1.3b1.7b1.6b1.6b1.8b2.3bQ3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'2626.8%27.2%28.2%33.3%29.5%29.8%31.3%33.9%
▲▲▲▲▲▲▲▲

Sales grew about 61.3% over the last 8 quarters: customers keep spending more with this company.

Profit grew about 104% over the last 8 quarters: the business is keeping more of what it earns.

Why 100?
Pillar score: (2 + 2 + 2) = 6 of 6 points → 100
Debt-to-Equity0.3×StrongCurrent Ratio2.5×StrongInterest Coverage65.3×Strong
Show 2 charts

Debt vs Equity, with D/E ratio

Total Debt ↓ -25%Equity ↑ +62.9%D/E 0.3×
Total DebtEquityD/E
5.0b4.5b3.7b3.7b8.5b9.9b12.5b13.9b202420252026TTM0.6×0.5×0.3×0.3×

Borrowings fell about 25% over 4 years: the company is steadily getting safer.

Short-term assets vs bills, with Current Ratio

Current Assets ↑ +40.7%Current Liabilities ↑ +68.6%Current Ratio 2.5×
Current AssetsCurrent LiabilitiesCurrent Ratio
12.9b14.5b15.6b18.1b4.3b6.6b5.9b7.3b202420252026TTM3×2.2×2.6×2.5×
Why 75?
Pillar score: (0 + 2 + 2 + 2) = 6 of 8 points → 75
Dividend Quality0%Weak
Payout ratio: 15%
Operating Cash FlowPositive & growingStrongFree Cash FlowPositive & growingStrongCash & Cash EquivalentsGrowing & covers near-term debtStrong
Show 3 charts

Operating vs Free Cash Flow

Operating CF ↑ +62.9%Free CF ↑ +53.6%
Operating CFFree CF
4.7b6.2b5.9b7.6b4.3b5.4b4.9b6.5b202420252026TTM

The business generates real cash, and more of it each year: a very healthy sign.

Cash vs Total Debt

Cash ↑ +27.2%Short-Term Debt ↓ -99.3%Total Debt ↓ -25%
CashShort-Term DebtTotal Debt
5.8b6.4b5.6b7.4b501m750m0m4m5.0b4.5b3.7b3.7b202420252026TTM

Dividends per Share, with Yield

DPS (cents) ↑ +50.7%Yield % 0.5%
DPS (cents)Yield %
17.317.317.317.320232326262669809210420232024202520261.5%1%1.2%0.5%

Dividends per share have been maintained or raised: management shares the rewards with you.

Why 17?
Pillar score: (0 + 0 + 1) = 1 of 6 points → 17
P/E Ratio35.4×WeakP/B Ratio21.5×WeakPEG Ratio1.2Okay
Show chart

Share Price: Weekly Closes (not part of the score)

US$ 388.63US$ 265.31US$ 141.99Oct '25Feb '26Jun '26Oct '26

The share price is up about 52.6% over the past year.

Why 100?
Pillar score: (2 + 2 + 2 + 2 + 2 + 2) = 12 of 12 points → 100
Earnings ConsistencySteadyStrongDebt Trend (4yr)FallingStrongShare Count Trend (4yr)-1%/yrStrongInventory vs Sales (4yr)-18 pp/yr vs salesStrongAsset Turnover Trend (4yr)+24.7%StrongQuarterly Consistency0 of 4 quarters downStrong
Show chart

Revenue vs Inventory, with Inventory % of Revenue

Revenue ↑ +75.3%Inventory ↑ +7.9%Inv. % of Rev. 17.4%
RevenueInventoryInv. % of Rev.
14.9b18.4b23.2b26.1b4.2b4.3b4.3b4.6b202420252026TTM28.3%23.4%18.4%17.4%
Ranks #3 of 86 in Technology by score

Sector peers

#1First Solar87#2PTC81
#3Lam Research (you)79
#4Intuit78#5Teradyne76#6TE Connectivity75

Full Financial History

Every reported figure behind the score, year by year. Download it, or check it against the company's own annual report.

Financial YearRevenueNet ProfitOperating Cash FlowFree Cash FlowCapExCashTotal DebtShort-Term DebtEquityCurrent AssetsCurrent LiabilitiesTotal AssetsTotal LiabilitiesInventoryDividendsReturn on Equity (ROE)Net Profit MarginDebt-to-EquityCurrent RatioInterest CoverageDividend Payout RatioDiv yieldP/E RatioP/B RatioPEG Ratio
2027US$ 26.1bUS$ 8.4bUS$ 7.6bUS$ 6.5bUS$ -1.0bUS$ 7.4bUS$ 3.7bUS$ 3.5mUS$ 13.9bUS$ 18.1bUS$ 7.3bUS$ 26.4bUS$ 12.4bUS$ 4.6b-61%32%0.3×2.5×65.3×15%----
2026US$ 23.2bUS$ 7.3bUS$ 5.9bUS$ 4.9bUS$ -966.4mUS$ 5.6bUS$ 3.7bUS$ 0.1mUS$ 12.5bUS$ 15.6bUS$ 5.9bUS$ 23.5bUS$ 11.1bUS$ 4.3bUS$ 104.0m58%31%0.3×2.6×53.7×17%0%41.2×24.0×2.4
2025US$ 18.4bUS$ 5.4bUS$ 6.2bUS$ 5.4bUS$ -759.2mUS$ 6.4bUS$ 4.5bUS$ 749.7mUS$ 9.9bUS$ 14.5bUS$ 6.6bUS$ 21.3bUS$ 11.5bUS$ 4.3bUS$ 92.0m54%29%0.5×2.2×34.4×21%1%43.7×23.7×4.9
2024US$ 14.9bUS$ 3.8bUS$ 4.7bUS$ 4.3bUS$ -396.7mUS$ 5.8bUS$ 5.0bUS$ 501.3mUS$ 8.5bUS$ 12.9bUS$ 4.3bUS$ 18.7bUS$ 10.2bUS$ 4.2bUS$ 80.0m45%26%0.6×3.0×24.5×27%1%25.3×11.3×-