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. In the quarter to June 2026, revenue grew 30.0%, EPS grew 34.8%, free cash flow fell 46.8% and total debt fell 16.7%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for three consecutive years.

263.94 13.52 −4.87%
Market cap
$347.2B
P/E
45.6×
Fwd P/E
38.3×
Dividend yield
0.42%
F-score
8/9
Altman Z
34.22
Beneish M
−1.68
Dividend safety
88/100

Lam Research Corporation (LRCX) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Lam Research Corporation (LRCX) trades at a P/E ratio of 45.6×. Over the past ten years it has ranged from 7.2× (January 2019) to 77.2× (June 2026); the current reading is higher than 95% of that period. That is in line with the Semiconductor Equipment & Materials industry median of 45.0× and above the Technology sector median of 28.2×.

P/E ratio, daily

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Annual newest first

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 newest first

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 18.5×
Current reading's percentile 94

P/E ratio against peers

Company P/E ratio
AMKR Amkor Technology, Inc. compare 18.7×
AMAT Applied Materials, Inc. compare 35.1×
ASML ASML Holding N.V. compare 40.4×
Q Qnity Electronics, Inc. compare 41.2×
TER Teradyne, Inc. compare 44.3×
KLAC KLA Corporation compare 45.0×
LRCX Lam Research Corporation 45.6×
ENTG Entegris, Inc. compare 69.5×
ONTO Onto Innovation Inc. compare 82.0×
Semiconductor Equipment & Materials industry median 45.0×
Technology sector median 28.2×
Market median 18.1×

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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