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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.

Revenue
+54.4%
EPS
+77.4%
Free cash flow
+103.3%
Total debt
−16.7%

Quarter to September 2026, against a year earlier

199.34 14.14 +7.63%
Market cap
$231.4B
P/E
27.9×
Fwd P/E
25.0×
Dividend yield
0.59%
F-score
8/9
Altman Z
34.22
Beneish M
−1.68
Dividend safety
88/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

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 September 2026 was 2.5×, down 0.2× from fiscal 2026 (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 3.6× and above the Technology sector median of 1.9×.

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
Sep 2026 2.5× (5.74%)
Jun 2026 2.6× 3.66%
Mar 2026 2.5× 12.42%
Dec 2025 2.3× 2.21%
43 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×
KLAC KLA Corporation compare 2.8×
ENTG Entegris, Inc. compare 2.7×
LRCX Lam Research Corporation 2.5×
AMAT Applied Materials, Inc. compare 2.4×
Q Qnity Electronics, Inc. compare 2.1×
TER Teradyne, Inc. compare 2.1×
NVMI Nova Ltd. compare 1.6×
ASML ASML Holding N.V. compare 1.5×
Semiconductor Equipment & Materials industry median 3.6×
Technology sector median 1.9×
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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