About Lam Research Corporation
Lam Research Corporation (LRCX) is a Industrials company in the Special Industry Machinery, NEC industry with a market capitalisation of $395.2B. The stock trades at 54.63x trailing earnings and yields 0.33%.
- Sector
- Industrials
- Industry
- Special Industry Machinery, NEC
- Market cap
- $395.2B
- P/E ratio
- 54.63
- EPS (TTM)
- $5.76
- Revenue (TTM)
- $23.2B
- Free cash flow
- $4.9B
- Profit margin
- 31.3%
- Dividend yield
- 0.33%
- Shares outstanding
- 1.3B
Financial health: Strong10/10
10 strengths, 0 concerns. No red flags against these benchmarks.
- Debt to equity: 0.30 (Strong, benchmark < 0.5) — Debt of 0.30x equity is conservative against the 0.5x benchmark. It has improved over the last 4 years.
- Net debt vs cash flow: 0.0y (Strong, benchmark < 4 years) — Holds more cash than debt ($1.9B net cash).
- Current ratio: 2.63 (Strong, benchmark > 1.5) — Short-term assets cover 2.63x short-term liabilities, against Graham's 1.5x floor. It has deteriorated over the last 4 years.
- Return on equity: 58.3% (Strong, benchmark > 15%) — Earns 58.3% on shareholder equity, comfortably past the > 15% mark.
- Gross margin: 50.5% (Strong, benchmark > 40%) — Keeps 50.5% of revenue after the direct cost of sales, comfortably past the > 40% mark.
- Net margin: 31.3% (Strong, benchmark > 10%) — Turns 31.3% of revenue into profit, comfortably past the > 10% mark.
- Free cash flow: $4.9B (Strong, benchmark positive) — Generated $4.9B of free cash flow after capital spending. It has been broadly flat over the last 4 years.
- Revenue growth: 26.0% (Strong, benchmark > 10%) — Revenue changed 26.0% year on year, comfortably past the > 10% mark.
- Earnings growth: 35.6% (Strong, benchmark > 10%) — Earnings changed 35.6% year on year, comfortably past the > 10% mark.
- Payout ratio: 17.5% (Strong, benchmark < 60%) — Pays out 17.5% of earnings as dividends, leaving room to keep paying.