Lam Research Corporation LRCX

315.21 8.05 2.62% as of 25 Sep
Market cap
$390.4B
P/E
54.4×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Lam Research Corporation (LRCX) P/E ratio

As of 25 September 2026, Lam Research Corporation (LRCX) trades at a P/E ratio of 54.4×. Over the past ten years it has ranged from 7.2× (January 2019) to 77.2× (June 2026); the current reading is higher than 98% of that period. That is in line with the Semiconductor Equipment & Materials industry median of 54.4× and above the Technology sector median of 29.7×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2026 74.8× 221.38%
FY2025 23.3× (36.04%)
FY2024 36.4× 88.25%
FY2023 19.3× 49.39%
FY2022 12.9× (45.80%)
FY2021 23.9× 14.75%
FY2020 20.8× 56.48%
FY2019 13.3× 13.20%
FY2018 11.8× (13.07%)
FY2017 13.5× (7.57%)

Quarterly

Period P/E ratio Change
Jun 2026 74.8× 86.35%
Mar 2026 40.2× 14.96%
Dec 2025 34.9× 18.97%
Sep 2025 29.4× 26.10%
42 more quarters

Against its own ten years

Low 7.2× High 77.2×
Ten-year median 18.4×
Current reading's percentile 98

P/E ratio against peers

Company P/E ratio
AMKR Amkor Technology, Inc. compare 23.9×
AMAT Applied Materials, Inc. compare 41.6×
Q Qnity Electronics, Inc. compare 44.5×
KLAC KLA Corporation compare 51.1×
ASML ASML Holding N.V. compare 54.2×
TER Teradyne, Inc. compare 54.3×
LRCX Lam Research Corporation 54.4×
ENTG Entegris, Inc. compare 75.9×
ONTO Onto Innovation Inc. compare 107×
Semiconductor Equipment & Materials industry median 54.4×
Technology sector median 29.7×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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