LAM RESEARCH CORP (1LRCX.MI) Stock Fundamental Analysis

BIT:1LRCX • US5128073062

198.58 EUR
-1.77 (-0.88%)
Last: Feb 3, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to 1LRCX. 1LRCX was compared to 69 industry peers in the Semiconductors & Semiconductor Equipment industry. While 1LRCX belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. 1LRCX is valued quite expensive, but it does show an excellent growth. These ratings would make 1LRCX suitable for growth investing!


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

  • In the past year 1LRCX was profitable.
  • In the past year 1LRCX had a positive cash flow from operations.
  • Each year in the past 5 years 1LRCX has been profitable.
  • Each year in the past 5 years 1LRCX had a positive operating cash flow.
1LRCX.MI Yearly Net Income VS EBIT VS OCF VS FCF1LRCX.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 29.05%, 1LRCX belongs to the top of the industry, outperforming 95.65% of the companies in the same industry.
  • 1LRCX has a better Return On Equity (61.24%) than 94.20% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 40.64%, 1LRCX belongs to the top of the industry, outperforming 95.65% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for 1LRCX is significantly above the industry average of 14.30%.
  • The last Return On Invested Capital (40.64%) for 1LRCX is above the 3 year average (31.47%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 29.05%
ROE 61.24%
ROIC 40.64%
ROA(3y)23.18%
ROA(5y)24.18%
ROE(3y)51.37%
ROE(5y)58.46%
ROIC(3y)31.47%
ROIC(5y)32.89%
1LRCX.MI Yearly ROA, ROE, ROIC1LRCX.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

1.3 Margins

  • 1LRCX's Profit Margin of 30.22% is amongst the best of the industry. 1LRCX outperforms 86.96% of its industry peers.
  • In the last couple of years the Profit Margin of 1LRCX has grown nicely.
  • The Operating Margin of 1LRCX (33.76%) is better than 82.61% of its industry peers.
  • In the last couple of years the Operating Margin of 1LRCX has grown nicely.
  • Looking at the Gross Margin, with a value of 49.80%, 1LRCX is in line with its industry, outperforming 52.17% of the companies in the same industry.
  • In the last couple of years the Gross Margin of 1LRCX has remained more or less at the same level.
Industry RankSector Rank
OM 33.76%
PM (TTM) 30.22%
GM 49.8%
OM growth 3Y0.81%
OM growth 5Y3.76%
PM growth 3Y2.83%
PM growth 5Y5.33%
GM growth 3Y2.15%
GM growth 5Y1.2%
1LRCX.MI Yearly Profit, Operating, Gross Margins1LRCX.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

2.1 Basic Checks

  • 1LRCX has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • Compared to 1 year ago, 1LRCX has less shares outstanding
  • 1LRCX has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for 1LRCX has been reduced compared to a year ago.
1LRCX.MI Yearly Shares Outstanding1LRCX.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B
1LRCX.MI Yearly Total Debt VS Total Assets1LRCX.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

2.2 Solvency

  • The Debt to FCF ratio of 1LRCX is 0.72, which is an excellent value as it means it would take 1LRCX, only 0.72 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 0.72, 1LRCX is in the better half of the industry, outperforming 78.26% of the companies in the same industry.
  • A Debt/Equity ratio of 0.37 indicates that 1LRCX is not too dependend on debt financing.
  • The Debt to Equity ratio of 1LRCX (0.37) is worse than 65.22% of its industry peers.
  • Although 1LRCX does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
Industry RankSector Rank
Debt/Equity 0.37
Debt/FCF 0.72
Altman-Z N/A
ROIC/WACC3.71
WACC10.96%
1LRCX.MI Yearly LT Debt VS Equity VS FCF1LRCX.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

2.3 Liquidity

  • 1LRCX has a Current Ratio of 2.26. This indicates that 1LRCX is financially healthy and has no problem in meeting its short term obligations.
  • With a Current ratio value of 2.26, 1LRCX perfoms like the industry average, outperforming 46.38% of the companies in the same industry.
  • A Quick Ratio of 1.61 indicates that 1LRCX should not have too much problems paying its short term obligations.
  • 1LRCX's Quick ratio of 1.61 is on the low side compared to the rest of the industry. 1LRCX is outperformed by 63.77% of its industry peers.
Industry RankSector Rank
Current Ratio 2.26
Quick Ratio 1.61
1LRCX.MI Yearly Current Assets VS Current Liabilites1LRCX.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 45.70% over the past year.
  • Measured over the past years, 1LRCX shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.02% on average per year.
  • Looking at the last year, 1LRCX shows a very strong growth in Revenue. The Revenue has grown by 26.85%.
  • Measured over the past years, 1LRCX shows a quite strong growth in Revenue. The Revenue has been growing by 12.91% on average per year.
EPS 1Y (TTM)45.7%
EPS 3Y7.72%
EPS 5Y21.02%
EPS Q2Q%39.56%
Revenue 1Y (TTM)26.85%
Revenue growth 3Y2.29%
Revenue growth 5Y12.91%
Sales Q2Q%22.14%

3.2 Future

  • Based on estimates for the next years, 1LRCX will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.46% on average per year.
  • Based on estimates for the next years, 1LRCX will show a quite strong growth in Revenue. The Revenue will grow by 9.82% on average per year.
EPS Next Y29.23%
EPS Next 2Y28.88%
EPS Next 3Y24.32%
EPS Next 5Y13.46%
Revenue Next Year21.32%
Revenue Next 2Y21.72%
Revenue Next 3Y17.75%
Revenue Next 5Y9.82%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
1LRCX.MI Yearly Revenue VS Estimates1LRCX.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B
1LRCX.MI Yearly EPS VS Estimates1LRCX.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6

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Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 48.20, the valuation of 1LRCX can be described as expensive.
  • 1LRCX's Price/Earnings is on the same level as the industry average.
  • The average S&P500 Price/Earnings ratio is at 27.67. 1LRCX is valued rather expensively when compared to this.
  • With a Price/Forward Earnings ratio of 34.36, 1LRCX can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of 1LRCX indicates a slightly more expensive valuation: 1LRCX is more expensive than 62.32% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 27.69. 1LRCX is valued slightly more expensive when compared to this.
Industry RankSector Rank
PE 48.2
Fwd PE 34.36
1LRCX.MI Price Earnings VS Forward Price Earnings1LRCX.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, 1LRCX is valued a bit more expensive than 72.46% of the companies in the same industry.
  • 62.32% of the companies in the same industry are more expensive than 1LRCX, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 47.75
EV/EBITDA 40.19
1LRCX.MI Per share data1LRCX.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • 1LRCX has an outstanding profitability rating, which may justify a higher PE ratio.
  • 1LRCX's earnings are expected to grow with 24.32% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.65
PEG (5Y)2.29
EPS Next 2Y28.88%
EPS Next 3Y24.32%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.49%, 1LRCX is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 0.82, 1LRCX has a dividend in line with its industry peers.
  • With a Dividend Yield of 0.49, 1LRCX pays less dividend than the S&P500 average, which is at 1.80.
Industry RankSector Rank
Dividend Yield 0.49%

5.2 History

  • On average, the dividend of 1LRCX grows each year by 14.54%, which is quite nice.
Dividend Growth(5Y)14.54%
Div Incr YearsN/A
Div Non Decr YearsN/A

5.3 Sustainability

  • 19.48% of the earnings are spent on dividend by 1LRCX. This is a low number and sustainable payout ratio.
  • 1LRCX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP19.48%
EPS Next 2Y28.88%
EPS Next 3Y24.32%
1LRCX.MI Yearly Income VS Free CF VS Dividend1LRCX.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B
1LRCX.MI Dividend Payout.1LRCX.MI Dividend Payout, showing the Payout Ratio.1LRCX.MI Dividend Payout.PayoutRetained Earnings

More info and screens

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LAM RESEARCH CORP

BIT:1LRCX (2/3/2026, 7:00:00 PM)

198.58

-1.77 (-0.88%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)01-28
Earnings (Next)04-21
Inst Owners88.63%
Inst Owner ChangeN/A
Ins Owners0.24%
Ins Owner ChangeN/A
Market Cap249.42B
Revenue(TTM)20.56B
Net Income(TTM)6.21B
Analysts80
Price Target232.53 (17.1%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0.49%
Yearly Dividend0.76
Dividend Growth(5Y)14.54%
DP19.48%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.75%
Min EPS beat(2)1.09%
Max EPS beat(2)6.41%
EPS beat(4)4
Avg EPS beat(4)4.18%
Min EPS beat(4)1.09%
Max EPS beat(4)7.79%
EPS beat(8)8
Avg EPS beat(8)4.13%
EPS beat(12)12
Avg EPS beat(12)5.57%
EPS beat(16)15
Avg EPS beat(16)5.88%
Revenue beat(2)0
Avg Revenue beat(2)-0.26%
Min Revenue beat(2)-0.28%
Max Revenue beat(2)-0.24%
Revenue beat(4)1
Avg Revenue beat(4)0.07%
Min Revenue beat(4)-0.4%
Max Revenue beat(4)1.22%
Revenue beat(8)2
Avg Revenue beat(8)-0.02%
Revenue beat(12)4
Avg Revenue beat(12)-0.1%
Revenue beat(16)7
Avg Revenue beat(16)0.23%
PT rev (1m)72.94%
PT rev (3m)131.53%
EPS NQ rev (1m)14.28%
EPS NQ rev (3m)23.2%
EPS NY rev (1m)8.23%
EPS NY rev (3m)15.57%
Revenue NQ rev (1m)7.85%
Revenue NQ rev (3m)15.38%
Revenue NY rev (1m)4.23%
Revenue NY rev (3m)9.91%
Valuation
Industry RankSector Rank
PE 48.2
Fwd PE 34.36
P/S 14.44
P/FCF 47.75
P/OCF 41.68
P/B 29.26
P/tB 35.84
EV/EBITDA 40.19
EPS(TTM)4.12
EY2.07%
EPS(NY)5.78
Fwd EY2.91%
FCF(TTM)4.16
FCFY2.09%
OCF(TTM)4.76
OCFY2.4%
SpS13.76
BVpS6.79
TBVpS5.54
PEG (NY)1.65
PEG (5Y)2.29
Graham Number25.08
Profitability
Industry RankSector Rank
ROA 29.05%
ROE 61.24%
ROCE 45.74%
ROIC 40.64%
ROICexc 68.56%
ROICexgc 86.48%
OM 33.76%
PM (TTM) 30.22%
GM 49.8%
FCFM 30.23%
ROA(3y)23.18%
ROA(5y)24.18%
ROE(3y)51.37%
ROE(5y)58.46%
ROIC(3y)31.47%
ROIC(5y)32.89%
ROICexc(3y)52.82%
ROICexc(5y)54.36%
ROICexgc(3y)66.54%
ROICexgc(5y)68.82%
ROCE(3y)35.41%
ROCE(5y)37.02%
ROICexgc growth 3Y7.04%
ROICexgc growth 5Y0.35%
ROICexc growth 3Y5.47%
ROICexc growth 5Y4.28%
OM growth 3Y0.81%
OM growth 5Y3.76%
PM growth 3Y2.83%
PM growth 5Y5.33%
GM growth 3Y2.15%
GM growth 5Y1.2%
F-Score8
Asset Turnover0.96
Health
Industry RankSector Rank
Debt/Equity 0.37
Debt/FCF 0.72
Debt/EBITDA 0.51
Cap/Depr 225.8%
Cap/Sales 4.41%
Interest Coverage 250
Cash Conversion 96.98%
Profit Quality 100.04%
Current Ratio 2.26
Quick Ratio 1.61
Altman-Z N/A
F-Score8
WACC10.96%
ROIC/WACC3.71
Cap/Depr(3y)151.1%
Cap/Depr(5y)146.11%
Cap/Sales(3y)3.22%
Cap/Sales(5y)3.04%
Profit Quality(3y)105.3%
Profit Quality(5y)90.85%
High Growth Momentum
Growth
EPS 1Y (TTM)45.7%
EPS 3Y7.72%
EPS 5Y21.02%
EPS Q2Q%39.56%
EPS Next Y29.23%
EPS Next 2Y28.88%
EPS Next 3Y24.32%
EPS Next 5Y13.46%
Revenue 1Y (TTM)26.85%
Revenue growth 3Y2.29%
Revenue growth 5Y12.91%
Sales Q2Q%22.14%
Revenue Next Year21.32%
Revenue Next 2Y21.72%
Revenue Next 3Y17.75%
Revenue Next 5Y9.82%
EBIT growth 1Y44.13%
EBIT growth 3Y3.12%
EBIT growth 5Y17.15%
EBIT Next Year29.47%
EBIT Next 3Y20.78%
EBIT Next 5Y10.27%
FCF growth 1Y27.79%
FCF growth 3Y28.47%
FCF growth 5Y23%
OCF growth 1Y35.55%
OCF growth 3Y25.82%
OCF growth 5Y23.76%

LAM RESEARCH CORP / 1LRCX.MI FAQ

Can you provide the ChartMill fundamental rating for LAM RESEARCH CORP?

ChartMill assigns a fundamental rating of 6 / 10 to 1LRCX.MI.


What is the valuation status of LAM RESEARCH CORP (1LRCX.MI) stock?

ChartMill assigns a valuation rating of 3 / 10 to LAM RESEARCH CORP (1LRCX.MI). This can be considered as Overvalued.


Can you provide the profitability details for LAM RESEARCH CORP?

LAM RESEARCH CORP (1LRCX.MI) has a profitability rating of 9 / 10.


What is the financial health of LAM RESEARCH CORP (1LRCX.MI) stock?

The financial health rating of LAM RESEARCH CORP (1LRCX.MI) is 6 / 10.


How sustainable is the dividend of LAM RESEARCH CORP (1LRCX.MI) stock?

The dividend rating of LAM RESEARCH CORP (1LRCX.MI) is 3 / 10 and the dividend payout ratio is 19.48%.