Lam Research Corporation

LRCX Technology Semiconductor Equipment & Materials

Lam Research Corporation’s revenue for fiscal 2026 (year ended June 2026) was $23.2 billion, up 26.0% from fiscal 2025. In the quarter to June 2026, revenue grew 30.0%, EPS grew 34.8%, free cash flow fell 46.8% and total debt fell 16.7%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for three consecutive years.

263.94 13.52 −4.87%
Market cap
$347.2B
P/E
45.6×
Fwd P/E
38.3×
Dividend yield
0.42%
F-score
8/9
Altman Z
34.22
Beneish M
−1.68
Dividend safety
88/100

Lam Research Corporation (LRCX) Current ratio

Alert me on Current ratio

Lam Research Corporation's current ratio at the end of the quarter to 30 June 2026 was 2.6×. Over the past ten years it has ranged from 2.2× (fiscal 2025) to 3.8× (fiscal 2016); the current reading is higher than 25% of that period. That is below the Semiconductor Equipment & Materials industry median of 3.7× and above the Technology sector median of 1.8×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2026 2.6× 18.97%
FY2025 2.2× (25.58%)
FY2024 3.0× (6.06%)
FY2023 3.2× 17.45%
FY2022 2.7× (18.52%)
FY2021 3.3× (3.76%)
FY2020 3.4× (4.92%)
FY2019 3.6× 24.28%
FY2018 2.9× (6.28%)
FY2017 3.1× (18.67%)

Quarterly newest first

Period Current ratio Change
Jun 2026 2.6× 3.66%
Mar 2026 2.5× 12.42%
Dec 2025 2.3× 2.21%
Sep 2025 2.2× (0.12%)
42 more quarters

Against its own ten years

Low 2.2× High 3.8×
Ten-year median 3.0×
Current reading's percentile 25

Current ratio against peers

Company Current ratio
ONTO Onto Innovation Inc. compare 9.7×
ENTG Entegris, Inc. compare 3.0×
KLAC KLA Corporation compare 2.9×
LRCX Lam Research Corporation 2.6×
AMAT Applied Materials, Inc. compare 2.4×
AMKR Amkor Technology, Inc. compare 2.2×
TER Teradyne, Inc. compare 2.1×
Q Qnity Electronics, Inc. compare 2.0×
ASML ASML Holding N.V. compare 1.5×
Semiconductor Equipment & Materials industry median 3.7×
Technology sector median 1.8×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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