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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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 | Free account |
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)
More on LRCX
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement