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LRCX

457.67USD-5.47(-1.18%)Market Closed

Lam Research Corp

Market Summary

USD457.67-5.47Market Closed
-1.18%

LRCX Alerts

LRCX Stock Price

RSI Chart

Valuation

Market Cap

55.3B

Price/Earnings

11.4

Price/Sales

3.07

Price/Cashflow

14.44

MarketCap/EBT

10.05

Price/Sales

Profitability

EBT Margin

30.59%

Return on Equity

65.45%

Return on Assets

25.91%

Fundamentals

Revenue

Revenue (TTM)

18.0B

Revenue Y/Y

17.88%

Revenue Q/Q

9.46%

Earnings

Earnings (TTM)

4.9B

Earnings Y/Y

20.86%

Earnings Q/Q

17.95%

Price Action

52 Week Range

299.59727.06
(Low)(High)

Last 7 days

1.0%

Last 30 days

15.7%

Last 90 days

6.4%

Trailing 12 Months

-30.2%

Financial Health

Current Ratio

2.69

Debt/Equity

0.67

Debt/Cashflow

0.77

Investor Care

Dividend Yield

1.53%

Dividend/Share (TTM)

6.23

Buy Backs (1Y)

3.14%

Diluted EPS (TTM)

34.86

Peers (Alternatives to Lam Research)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
344.5B
28.6B
27.66% -47.43%
44.5
11.58
17.68% -27.42%
120.0B
69.5B
8.71% -38.23%
9.02
1.73
-11.38% -36.97%
100.1B
22.8B
27.89% -50.24%
31.98
4.64
53.70% -42.73%
55.3B
18.0B
15.71% -30.21%
11.4
3.07
14.24% 13.76%
45.6B
9.9B
25.12% -1.96%
13.9
4.63
32.00% 20.29%
14.1B
2.5B
12.16% 64.95%
149.27
5.6
-3.85% -79.08%
MID-CAP
4.7B
3.2B
5.16% -45.53%
8.49
1.56
13.32% -16.87%
3.3B
977.6M
15.12% -14.81%
17.75
3.61
36.08% 76.46%
SMALL-CAP
2.0B
807.1M
37.31% 23.08%
13.27
2.45
57.45% 144.99%
954.5M
645.3M
11.15% -24.66%
23.75
1.53
13.36% 160.69%
403.6M
375.4M
48.60% -88.98%
12.55
1.31
78.63% 40.03%
119.9M
106.3M
2.33% -1.60%
8.65
1.2
24.76% 1051.66%
41.2M
23.3M
-15.62% 23.29%
13.98
2.11
56.37% -569.95%

Financials for Lam Research

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue4.5%17,99717,22716,73716,52415,754
Gross Profit4.6%8,2327,8727,6867,6507,276
Operating Expenses1.4%2,5242,4902,4682,4282,383
  S&GA Expenses-1.9%869886893880862
  R&D Expenses3.2%1,6551,6041,5751,5491,520
Earnings Before Taxes6.0%5,5045,1935,1435,1684,792
Net Income5.3%4,8514,6054,5414,5904,265
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets8.9%18,72117,19616,58916,68515,566
  Current Assets10.8%13,61312,28511,88812,10311,145
    Cash Equivalents20.9%4,2563,5224,1955,0874,042
  Inventory9.9%4,3603,9663,4793,0742,872
  Net PPE-1,605----
  Goodwill0.0%1,5151,5151,5001,4901,500
Liabilities3.6%11,30910,91710,56310,2109,746
  Current Liabilities10.7%5,0534,5654,1953,8633,409
  Long Term Debt0.0%4,9624,9624,9624,961-
Shareholder's Equity18.1%7,4136,2786,0266,4765,820
  Retained Earnings6.4%19,64518,45517,45116,63815,653
  Additional Paid-In Capital1.1%7,4937,4157,2897,2207,112
Accumulated Depreciation-1,440----
Shares Outstanding-0.4%136137139140141
Float-77,032----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations23.6%3,8323,1004,0924,4993,403
  Share Based Compensation5.0%272259246233222
Cashflow From Investing-118.3%-112.226121,3771,5881,472
Cashflow From Financing24.4%-3,462.29-4,578.94-4,937.18-4,675.87-4,963.09
  Dividend Payments2.5%835815793769745
  Buy Backs-29.2%2,7393,8663,4213,1773,486

Risks

What is the probability of a big loss on LRCX?

76.9%


Probability that Lam Research stock will be more than 20% underwater in next one year

51.9%


Probability that Lam Research stock will be more than 30% underwater in next one year.

32.7%


Probability that Lam Research stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does LRCX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Lam Research was unfortunately bought at previous high price.

Returns

Cumulative Returns on LRCX

30.7%


10-Year Cumulative Returns

30.8%


7-Year Cumulative Returns

21.4%


5-Year Cumulative Returns

22.6%


3-Year Cumulative Returns

What are the long-term rolling returns for LRCX?

FIve years rolling returns for Lam Research.

Which funds bought or sold LRCX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
REDUCED
-26.82
-864,000
1,462,000
0.06%
2022-11-23
Gould Capital, LLC
UNCHANGED
-
-3,000
14,000
0.01%
2022-11-23
Invst, LLC
UNCHANGED
-
-212,000
517,000
0.09%
2022-11-23
Aurora Investment Counsel
NEW
-
1,562,000
1,562,000
1.19%
2022-11-23
Eagle Bay Advisors LLC
REDUCED
-14.29
-1,949
7,000
-%
2022-11-22
CVA Family Office, LLC
ADDED
165.52
79,000
141,000
0.04%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
4,799,000
4,799,000
0.06%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
2.58
-1,176,000
8,704,000
0.26%
2022-11-22
IHT Wealth Management, LLC
ADDED
7.73
-87,000
1,081,000
0.08%
2022-11-22
CONTINENTAL INVESTORS SERVICES, INC.
NEW
-
256,000
256,000
0.01%

1–10 of 42

Latest Funds Activity

Are funds buying LRCX calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own LRCX

Lam Research News

MarketBeat

Lam Research Co. (NASDAQ:LRCX) Short Interest Up 6.4% in November.10 hours ago

LRCX Fair Value

Lam Research fair value in different scenarios

The table shows the Fair Value estimates for Lam Research for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

631.41

37.96%

1000.88

118.69%

1525.46

233.31%

1946.85

325.38%

2722.35

494.83%

Current Inflation

574.44

25.51%

889.95

94.45%

1329.77

190.55%

1685.79

268.34%

2340.85

411.47%

Very High Inflation

504.76

10.29%

758.16

65.66%

1102.35

140.86%

1384.44

202.50%

1903.19

315.84%

Historical Lam Research Fair Value Estimates


Recent SEC filings of Lam Research

View All Filings
Date Filed Form Type Document
Nov 14, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 10, 2022
8-K
Current Report
Nov 07, 2022
4
Insider Trading

Latest Insider Trading transactions for LRCX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-30
Bettinger Douglas R
SOLD FOR TAXES
-271,146
472.38
-574
Chief Financial Officer & EVP
2022-11-11
VARON LESLIE F
ACQUIRED
-
-
563
-
2022-11-11
TALWALKAR ABHIJIT Y
ACQUIRED
-
-
563
-
2022-11-11
Tsai Lih Shyng (Rick)
ACQUIRED
-
-
563
-
2022-11-11
Ahmed Sohail U
ACQUIRED
-
-
563
-
2022-11-11
BRANDT ERIC
ACQUIRED
-
-
563
-
2022-11-11
Mayer Bethany
ACQUIRED
-
-
563
-
2022-11-11
Mehra Jyoti
ACQUIRED
-
-
563
-
2022-11-11
CANNON MICHAEL R
ACQUIRED
-
-
563
-
2022-11-09
Ahmed Sohail U
GIFTED
-
-
377
-

1–10 of 50

Timothy M. Archer
14100
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products. It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions. In addition, the company offers Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. Further, it provides Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. The company sells its products and services to semiconductors industry in the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and internationally. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.

LRCX Income Statement

2022-09-25
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 25, 2022
Sep. 26, 2021
Income Statement [Abstract]  
Revenue$ 5,074,121$ 4,304,465
Cost of goods sold2,737,2862,327,711
Gross margin2,336,8351,976,754
Research and development433,375382,327
Selling, general, and administrative205,620222,194
Total operating expenses638,995604,521
Operating income1,697,8401,372,233
Other income (expense), net(43,095)(28,857)
Income before income taxes1,654,7451,343,376
Income tax expense(228,866)(163,632)
Net income$ 1,425,879$ 1,179,744
Net income per share:  
Basic (in dollars per share)$ 10.42$ 8.32
Diluted (in dollars per share)$ 10.39$ 8.27
Number of shares used in per share calculations:  
Basic (in shares)136,891141,743
Diluted (in shares)137,208142,612

LRCX Balance Sheet

2022-09-25
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 25, 2022
Jun. 26, 2022
[1]
ASSETS  
Cash and cash equivalents$ 4,256,499$ 3,522,001
Investments120,551135,731
Accounts receivable, less allowance of $5,536 as of September 25, 2022, and $5,606 as of June 26, 20224,569,7354,313,818
Inventories4,360,3253,966,294
Prepaid expenses and other current assets305,554347,391
Total current assets13,612,66412,285,235
Property and equipment, net1,718,7911,647,587
Restricted cash and investments250,955251,534
Goodwill1,514,5471,515,113
Intangible assets, net110,385101,850
Other assets1,513,9401,394,313
Total assets18,721,28217,195,632
LIABILITIES AND STOCKHOLDERS’ EQUITY  
Trade accounts payable1,146,2861,011,208
Accrued expenses and other current liabilities1,948,7761,974,272
Deferred profit1,951,2101,571,898
Current portion of long-term debt and finance lease obligations7,1107,381
Total current liabilities5,053,3824,564,759
Long-term debt and finance lease obligations, less current portion4,996,3634,998,449
Income taxes payable840,214931,117
Other long-term liabilities418,756422,941
Total liabilities11,308,71510,917,266
Commitments and contingencies
Stockholders’ equity:  
Preferred stock, at par value of $0.001 per share; authorized, 5,000 shares, none outstanding00
Common stock, at par value of $0.001 per share; authorized, 400,000 shares as of September 25, 2022 and June 26, 2022; issued and outstanding, 136,374 shares as of September 25, 2022, and 136,975 shares as of June 26, 2022136137
Additional paid-in capital7,492,8227,414,916
Treasury stock, at cost; 157,773 shares as of September 25, 2022, and 157,087 shares as of June 26, 2022(19,591,249)(19,481,429)
Accumulated other comprehensive loss(133,765)(109,982)
Retained earnings19,644,62318,454,724
Total stockholders’ equity7,412,5676,278,366
Total liabilities and stockholders’ equity$ 18,721,282$ 17,195,632
[1]Derived from audited financial statements