Lam Research Corporation (LRCX) Stock

About Lam Research Corporation

Lam Research Corporation is led by CEO Timothy Archer, employs 18,600 people, headquartered in Fremont, US, publicly traded since 1984.

Lam Research Corporation (LRCX) stock trades at $318.84 with a market capitalization of $398.73B. The stock is valued at a price-to-earnings (P/E) ratio of 54.44, price-to-book of 31.72, price-to-sales of 16.97. Over the past 52 weeks the stock has ranged between $126.37 and $438.50, and currently trades 27.3% below its 52-week high. It pays a dividend yielding 0.42%.

On profitability, Lam Research Corporation generates a return on equity (ROE) of 66.97% — well above the market average, a sign of a high-quality business, return on capital employed of 46.61%, an operating margin of 32.01%, a net profit margin of 31.27%.

In its most recent fiscal year, Lam Research Corporation reported annual revenue of $23.2B, net profit of $7.3B, revenue has compounded at 9.7% a year over the last five years, profit at 13.2% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.33 — a conservative balance sheet with little leverage risk, a current ratio of 2.21, total assets of $23.5B, $5.6B in cash and equivalents.

LRCX has a beta of 1.86 (more volatile than the overall market).