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

198.41 13.21 +7.13%
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

Lam Research Corporation (LRCX) Debt to equity

Alert me on Debt to equity

Lam Research Corporation's debt to equity at the end of the quarter to 30 September 2026 was 0.3×, down 0.0× from fiscal 2026 (0.3×). Over the past ten years it has ranged from 0.3× (fiscal 2026) to 1.1× (fiscal 2020) — the current reading is the lowest in ten years. That is above the Semiconductor Equipment & Materials industry median of 0.1× and above the Technology sector median of 0.1×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2026 0.3× (34.13%)
FY2025 0.5× (22.09%)
FY2024 0.6× (4.39%)
FY2023 0.6× (23.44%)
FY2022 0.8× (3.93%)
FY2021 0.8× (25.97%)
FY2020 1.1× 17.93%
FY2019 1.0× 158.81%
FY2018 0.4× (4.72%)
FY2017 0.4× (45.62%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.3× (10.32%)
Jun 2026 0.3× (15.11%)
Mar 2026 0.4× (20.16%)
Dec 2025 0.4× 0.45%
43 more quarters

Against its own ten years

Low 0.3× High 1.1×
Ten-year median 0.6×
Current reading's percentile 8

Debt to equity against peers

Company Debt to equity
TER Teradyne, Inc. compare 0.0×
ASML ASML Holding N.V. compare 0.1×
AMAT Applied Materials, Inc. compare 0.3×
LRCX Lam Research Corporation 0.3×
NVMI Nova Ltd. compare 0.5×
Q Qnity Electronics, Inc. compare 0.5×
ENTG Entegris, Inc. compare 0.8×
ONTO Onto Innovation Inc. compare 0.8×
KLAC KLA Corporation compare 0.9×
Semiconductor Equipment & Materials industry median 0.1×
Technology sector median 0.1×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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