LAM RESEARCH CORP

Company Overview

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Financial Performance

Comprehensive financial statements, metrics, and performance analysis

Financial Performance Overview

12 mos ending Jun 30, 201312 mos ending Jun 29, 201412 mos ending Jun 28, 201512 mos ending Jun 26, 201612 mos ending Jun 25, 201712 mos ending Jun 24, 201812 mos ending Jun 30, 201912 mos ending Jun 28, 202012 mos ending Jun 27, 202112 mos ending Jun 26, 202212 mos ending Jun 25, 202312 mos ending Jun 30, 202412 mos ending Jun 29, 20256 mos ending Dec 29, 20246 mos ending Dec 28, 2025CAGR %YoY %Revenue (+)
$3598.92
4607.31
5259.31
5885.89
8013.62
11077.00
9653.56
10044.74
14626.15
17227.04
17428.52
14905.39
18435.59
8544.02
10668.96
14.58%24.87%Cost of Revenue (-)
$2195.86
2599.83
2974.98
3266.97
4410.26
5911.97
5295.10
5436.04
7820.84
9355.23
9651.59
7852.60
9456.53
4468.36
5332.92
12.94%19.35%Gross Profit (+)
$1403.06
2007.48
2284.34
2618.92
3603.36
5165.03
4358.46
4608.69
6805.31
7871.81
7776.93
7052.79
8979.06
4075.66
5336.04
16.73%30.92%Selling, General & Administrative (-)
$599.49
613.34
591.61
630.95
667.49
762.22
702.41
682.48
829.88
885.74
832.75
868.25
981.70
487.28
547.00
4.20%12.26%Research & Development (-)
$683.69
716.47
825.24
913.71
1033.74
1189.51
1191.32
1252.41
1493.41
1604.25
1727.16
1902.44
2096.39
990.30
1149.75
9.79%16.10%Non-recurring Operating Expenses (-)
$1.81
79.44
Operating Expenses (-)
$1284.99
1329.81
1496.30
1544.67
1701.23
1951.73
1893.73
1934.89
2323.28
2489.99
2602.07
2788.88
3078.09
1477.58
1696.75
7.55%14.83%Costs & Expenses (Total) (-)
$3480.84
3929.64
4471.27
4811.64
6111.49
7863.70
7188.83
7370.93
10144.13
11845.22
12253.66
10641.47
12534.62
5945.94
7029.67
11.27%18.23%Operating Income/Loss (+)
$118.07
677.67
788.04
1074.26
1902.13
3213.30
2464.73
2673.80
4482.02
5381.82
5174.86
4263.91
5900.97
2598.08
3639.29
38.54%40.08%Non-operating Income/Expense (+)
$-51.41
-37.40
-47.19
-114.14
-90.46
-61.51
-18.16
-98.82
-111.22
-188.71
-65.65
96.31
57.16
44.34
56.48
27.38%Earnings before Tax (+)
$66.66
723.36
740.85
960.12
1811.67
3151.79
2446.57
2574.98
4370.80
5193.11
5109.21
4360.22
5958.13
2642.42
3695.78
45.41%39.86%Tax Expense (-)
$-47.22
91.07
85.27
46.07
113.91
771.11
255.14
323.23
462.35
587.83
598.28
532.45
599.91
334.96
533.12
59.16%Income/Loss (Continuing Operations) (+)
$113.88
632.29
655.58
914.05
1697.76
2380.68
2191.43
2251.75
3908.46
4605.29
4510.93
3827.77
5358.22
2307.46
3162.65
37.84%37.06%Net Income/Loss (+)
$113.88
632.29
655.58
914.05
1697.76
2380.68
2191.43
2251.75
3908.46
4605.29
4510.93
3827.77
5358.22
2307.46
3162.65
37.84%37.06%Net Income/Loss (Common) (+)
$113.88
632.29
655.58
914.05
1697.76
2380.68
2191.43
2251.75
3908.46
4605.29
4510.93
3827.77
5358.22
2307.46
3162.65
37.84%37.06%EPS (Basic)
$0.67
3.84
4.11
5.75
10.47
14.73
14.37
15.55
27.22
32.92
33.30
29.13
4.17
1.78
2.51
16.46%41.01%EPS (Diluted)
$0.66
3.62
3.70
5.22
9.24
13.17
13.70
15.10
26.90
32.75
33.21
29.00
4.15
1.78
2.50
16.56%40.45%Weighted Avg Shares (Basic)
168.93
164.74
159.63
158.92
162.22
161.64
152.48
144.81
143.61
139.90
135.47
131.41
1286.10
1293.17
1259.65
18.43%-2.59%Weighted Avg Shares (Diluted)
173.43
174.50
177.07
175.16
183.77
180.78
159.91
149.09
145.32
140.63
135.83
132.00
1290.14
1297.77
1265.53
18.20%-2.48%Cash
$1162.47
1452.68
1501.54
5039.32
2377.53
4512.26
3658.22
4915.17
4418.26
3522.00
5337.06
5847.86
6390.66
5665.38
6180.44
15.26%9.09%Short-term Investments
$1334.74
1612.97
2574.95
Receivables
$602.62
800.62
1093.58
1262.14
1673.40
2176.94
1455.52
2097.10
3026.43
4313.82
2823.38
2519.25
3378.07
3304.95
3491.99
15.45%5.66%Inventory
$559.32
740.50
943.35
971.91
1232.92
1876.16
1540.14
1900.02
2689.29
3966.29
4816.19
4217.92
4307.99
4358.15
4037.68
18.55%-7.35%Other Assets (Current)
$134.67
176.90
157.43
1941.53
3858.65
584.56
1906.53
1941.24
1518.40
483.12
251.79
298.19
440.27
284.37
307.91
10.38%8.28%Assets (Current)
$3793.83
4783.66
6270.85
9214.91
9142.50
9149.91
8560.41
10853.53
11652.39
12285.24
13228.41
12883.22
14517.00
13612.85
14018.02
11.83%2.98%Securities & Long-term Investments
$166.54
146.49
170.97
250.42
256.20
256.30
255.18
253.91
252.49
251.53
250.32
Property, Plant & Equipment (Net)
$603.91
543.50
621.42
639.61
685.60
902.55
1059.08
1071.50
1303.48
1647.59
1856.67
2154.52
2428.74
2313.59
2710.99
12.30%17.18%Goodwill & Intangibles
$2526.54
2360.30
2115.65
1951.20
1796.67
1802.74
1701.55
1652.97
1622.50
1616.96
1790.94
1765.07
1808.68
1761.02
1864.04
-2.75%5.85%Other Assets
$159.50
159.35
185.76
215.39
241.80
367.98
425.12
727.13
1061.30
1394.31
1655.30
1941.92
2590.84
2152.46
2798.12
26.15%30.00%Assets (Non-current)
$3456.49
3209.64
3093.80
3056.62
2980.27
3329.57
3440.92
3705.51
4239.77
4910.40
5553.23
5861.51
6828.26
6227.07
7373.15
5.84%18.40%Assets (Total)
$7250.31
7993.31
9364.65
12271.53
12122.76
12479.48
12001.33
14559.05
15892.15
17195.63
18781.64
18744.73
21345.26
19839.92
21391.17
9.42%7.82%Accounts Payable
$664.78
827.81
949.64
1121.11
1434.00
1820.19
1323.20
1865.04
2549.19
2985.48
2481.34
2415.84
3248.57
2918.27
3294.42
14.13%12.89%Debt (Current)
$514.65
518.27
1359.65
949.49
908.44
610.03
667.13
839.88
11.35
7.38
8.36
504.81
754.31
504.14
754.01
3.24%49.56%Other Liabilities (Current)
$225.04
235.92
322.07
349.20
607.67
720.09
381.32
457.52
967.33
1571.90
1695.22
1417.78
2565.54
1927.89
2164.72
22.48%12.28%Liabilities (Current)
$1404.47
1582.00
2631.36
2419.80
2950.11
3150.31
2371.65
3162.44
3527.87
4564.76
4184.92
4338.44
6568.43
5350.30
6213.15
13.72%16.13%Debt (Non-current)
$789.26
817.20
1001.38
3383.58
1784.97
1806.56
3822.77
4970.85
4990.33
4998.45
5003.18
4478.52
3730.19
4478.15
3729.74
13.82%-16.71%Other Liabilities
$567.71
564.37
628.76
573.63
570.22
942.57
1083.61
1242.27
1346.76
1354.06
1383.37
1388.32
1185.02
1203.45
1302.85
6.32%8.26%Liabilities (Non-current)
$1356.97
1381.57
1630.14
3957.21
2355.20
2749.13
4906.38
6213.12
6337.10
6352.51
6386.55
5866.84
4915.22
5681.59
5032.59
11.32%-11.42%Liabilities (Total)
$2761.44
2963.57
4261.50
6377.01
5305.31
5899.44
7278.03
9375.56
9864.96
10917.27
10571.47
10205.27
11483.64
11031.89
11245.75
12.61%1.94%Treasury Stock
$3539.83
3757.08
4302.85
4429.32
5216.19
7846.48
11602.57
12949.89
15646.70
19481.43
21530.35
24366.87
27763.43
26024.10
30203.80
18.72%16.06%Retained Earnings
$2972.69
3575.74
4096.85
4820.11
6249.69
8261.19
9930.92
11520.59
14684.91
18454.72
22032.10
24811.31
28988.91
26525.02
31498.23
20.90%18.75%AOCI
$-28.69
-28.66
-57.80
-69.33
-61.70
-57.45
-64.03
-94.21
-64.13
-109.98
-100.71
-130.43
-62.42
-134.09
-98.70
26.39%Shareholder's Equity
$4488.87
5029.73
5103.14
5894.52
6817.45
6501.85
4673.86
5172.49
6027.19
6278.37
8210.17
8539.45
9861.62
8808.03
10145.43
6.78%15.18%Liabilities & Equity
$7250.31
7993.31
9364.65
12271.53
12122.76
12479.48
12001.33
14559.05
15892.15
17195.63
18781.64
18744.73
21345.26
19839.92
21391.17
9.42%7.82%Net Income/Loss
$113.88
632.29
655.58
914.05
1697.76
2380.68
2191.43
2251.75
3908.46
4605.29
4510.93
3827.77
5358.22
2307.46
3162.65
37.84%37.06%Depreciation & Amortization
$335.67
325.32
315.47
361.55
332.19
340.82
316.62
274.46
307.15
333.74
342.43
359.70
386.28
190.50
205.57
1.18%7.91%Increase/Decrease in Working Capital
$-200.24
292.91
420.86
52.23
310.83
317.19
-491.52
571.88
678.74
1796.23
-158.74
-360.48
-441.80
148.89
179.31
20.43%Share-based Compensation
$99.33
103.70
135.35
142.35
149.97
172.22
187.23
189.20
220.16
259.06
286.60
293.06
343.37
161.97
185.78
10.89%14.70%Adjustments to Reconcile Net Income
$606.05
84.76
129.93
436.23
331.52
275.07
984.58
-125.30
-320.30
-1505.61
668.01
824.50
815.05
2.95
96.35
2.50%3165.16%Net Cash (Operating)
$719.93
717.05
785.50
1350.28
2029.28
2655.75
3176.01
2126.45
3588.16
3099.67
5178.94
4652.27
6173.26
2310.41
3259.01
19.61%41.06%Capital Expenditure
$170.05
19.33
158.19
95.60
156.13
389.17
303.49
203.24
429.35
621.10
621.52
396.67
759.19
357.74
504.28
13.28%40.96%Net Cash (Investing)
$-238.64
-265.21
-1106.10
592.48
-2058.61
2748.44
-1637.05
-244.08
73.27
612.27
-534.56
-370.61
-708.09
-285.93
-443.83
-55.23%Increase/Decrease in Debt
$-2.23
-1.66
990.71
1886.65
-1688.31
-396.09
1997.31
1307.11
-862.06
-11.89
-23.21
-256.10
-507.49
-1.97
-2.88
-46.44%Increase/Decrease in Equity
$-885.02
-167.14
-506.92
-98.99
-739.10
-2568.37
-3695.84
-1276.13
-2575.82
-3751.80
-1896.00
-2707.29
-3279.76
-1634.40
-2370.91
-45.06%Interest Expenses
$26.64
26.49
26.39
58.81
104.62
84.40
76.93
171.89
203.93
175.53
174.75
173.09
172.35
16.84%Dividends Paid
$
116.06
238.45
316.23
481.98
837.22
823.97
912.42
1020.90
1139.17
1279.82
1441.52
854.66
945.32
10.61%Net Cash (Financing)
$-887.79
-162.74
378.47
1595.74
-2632.39
-3272.06
-2390.08
-623.93
-4166.98
-4578.94
-2830.67
-3995.85
-4936.64
-2194.55
-3006.84
-37.01%Cash Taxes Paid
$7.70
18.16
114.51
39.74
28.10
142.80
300.27
222.91
518.57
807.67
809.75
991.82
972.51
49.67%Effect of Exchange Rate
$4.21
1.10
-9.02
-0.72
-0.06
2.59
-4.04
-2.75
7.21
-30.23
0.13
-22.37
28.32
-3.34
-20.40
17.21%-510.66%Increase/Decrease in Cash
$-402.28
290.20
48.86
3537.78
-2661.79
2134.72
-855.16
1255.69
-498.33
-897.22
1813.84
263.43
556.85
-173.40
-212.06
-22.29%Cash (Beginning)
$1564.75
1162.47
1452.68
1501.54
5039.32
2377.53
4768.56
3913.40
5169.08
4670.75
3773.53
5587.37
5850.80
5850.80
6407.66
11.62%9.52%Cash (Ending)
$1162.47
1452.68
1501.54
5039.32
2377.53
4512.26
3913.40
5169.08
4670.75
3773.53
5587.37
5850.80
6407.66
5677.40
6195.60
15.29%9.13%NOPAT
$201.71
660.66
666.23
1029.79
1872.62
3067.71
2162.24
2442.34
3950.26
4544.80
4354.71
3294.00
4937.79
2268.74
3114.32
30.54%37.27%Gross Margin %
38.99%
43.57%
43.43%
44.49%
44.97%
46.63%
45.15%
45.88%
46.53%
45.69%
44.62%
47.32%
48.71%
47.70%
50.01%
Operating Margin %
3.28%
14.71%
14.98%
18.25%
23.74%
29.01%
25.53%
26.62%
30.64%
31.24%
29.69%
28.61%
32.01%
30.41%
34.11%
NOPAT Margin %
5.60%
14.34%
12.67%
17.50%
23.37%
27.69%
22.40%
24.31%
27.01%
26.38%
24.99%
22.10%
26.78%
26.55%
29.19%
Net Margin %
3.16%
13.72%
12.47%
15.53%
21.19%
21.49%
22.70%
22.42%
26.72%
26.73%
25.88%
25.68%
29.06%
27.01%
29.64%
Tax Rate %
-70.84%
2.51%
15.46%
4.14%
1.55%
4.53%
12.27%
8.66%
11.86%
15.55%
15.85%
22.75%
16.32%
12.68%
14.43%
ROA
2.78%
8.27%
7.11%
8.39%
15.45%
24.58%
18.02%
16.78%
24.86%
26.43%
23.19%
17.57%
23.13%
11.44%
14.56%
ROE
4.49%
13.14%
13.06%
17.47%
27.47%
47.18%
46.26%
47.22%
65.54%
72.39%
53.04%
38.57%
50.07%
25.76%
30.70%
ROIC
5.21%
16.68%
15.90%
25.01%
42.06%
53.95%
41.52%
43.36%
55.86%
47.86%
44.89%
36.51%
53.46%
26.05%
35.41%
Asset Turnover
0.50
0.58
0.56
0.48
0.66
0.89
0.80
0.69
0.92
1.00
0.93
0.80
0.86
0.43
0.50
Inventory Turnover
3.93
3.51
3.15
3.36
3.58
3.15
3.44
2.86
2.91
2.36
2.00
1.86
2.20
1.03
1.32
Equity Multiplier
1.62
1.59
1.84
2.08
1.78
1.92
2.57
2.81
2.64
2.74
2.29
2.20
2.16
2.25
2.11
Current Ratio
2.70
3.02
2.38
3.81
3.10
2.90
3.61
3.43
3.30
2.69
3.16
2.97
2.21
2.54
2.26
Quick Ratio
2.21
2.44
1.96
2.60
1.37
2.12
2.16
2.22
2.11
1.72
1.95
1.93
1.49
1.68
1.56
Debt/Equity Ratio
0.29
0.27
0.46
0.74
0.40
0.37
0.96
1.12
0.83
0.80
0.61
0.58
0.45
0.57
0.44
Interest Coverage Ratio
4.43
25.58
29.86
18.27
18.18
38.07
32.04
15.56
21.98
30.66
29.61
24.63
34.24
Working Capital/Sales
0.21
0.23
0.28
0.26
0.25
0.27
0.25
0.29
0.28
0.36
0.35
0.34
0.27
0.54
0.40
R&D/Sales
0.19
0.16
0.16
0.16
0.13
0.11
0.12
0.12
0.10
0.09
0.10
0.13
0.11
0.12
0.11
Dividend Payout Ratio %
17.42%
23.16%
16.89%
15.71%
38.72%
33.74%
23.10%
22.46%
26.16%
38.85%
29.19%
37.67%
30.35%
Total Payout
$913.89
195.29
-341.34
-1490.39
2848.26
3530.84
2612.67
964.87
4554.23
4960.13
3233.13
4416.31
5401.12
2491.03
3319.10
15.96%33.24%Payout Ratio %
453.06%
29.56%
-51.23%
-144.73%
152.10%
115.10%
120.83%
39.51%
115.29%
109.14%
74.24%
134.07%
109.38%
109.80%
106.58%