Lam Research Corporation LRCX

315.21 8.05 2.62% as of 25 Sep
Market cap
$390.4B
P/E
54.4×
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Growth Flags show if company had growth for consecutive years

Lam Research Corporation (LRCX) Free cash flow margin

Lam Research Corporation's free cash flow margin over the twelve months to 30 June 2026 was 21.1%. Over the past ten years it has ranged from 11.2% (fiscal 2015) to 29.8% (fiscal 2019); the current reading is higher than 33% of that period. That is above the Semiconductor Equipment & Materials industry median of 6.77% and above the Technology sector median of 1.52%.

Free cash flow margin, annual

Annual

Period Free cash flow margin Change (points)
FY2026 21.1% (8.32)
FY2025 29.4% 0.82
FY2024 28.6% 1.71
FY2023 26.8% 12.02
FY2022 14.8% (7.33)
FY2021 22.2% 3.00
FY2020 19.2% (10.61)
FY2019 29.8% 8.25
FY2018 21.5% (1.86)
FY2017 23.4% 2.05

Against its own ten years

Low 11.2% High 29.8%
Ten-year median 21.8%
Current reading's percentile 33

Free cash flow margin against peers

Company Free cash flow margin
KLAC KLA Corporation compare 27.7%
ASML ASML Holding N.V. compare 27.1%
ONTO Onto Innovation Inc. compare 22.5%
LRCX Lam Research Corporation 21.1%
AMAT Applied Materials, Inc. compare 18.3%
TER Teradyne, Inc. compare 17.9%
ENTG Entegris, Inc. compare 17.3%
Q Qnity Electronics, Inc. compare 16.0%
AMKR Amkor Technology, Inc. compare −0.42%
Semiconductor Equipment & Materials industry median 6.77%
Technology sector median 1.52%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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