KLA Corporation (KLAC) vs Lam Research Corporation (LRCX)
KLA Corporation and Lam Research Corporation are both Semiconductor Equipment & Materials companies. Lam Research Corporation is the larger, with a market value of $390.4B against $248.2B — 1.6× the size. KLA Corporation trades at the lower P/E: 51.1× against 54.4×. Lam Research Corporation grew revenue faster over the last twelve months: 26.0% against 11.7%. KLA Corporation has the higher net margin (35.6% vs 31.3%) and the higher return on invested capital (48.2% vs 48.2%). Both pay a dividend; KLA Corporation yields more (0.91% vs 0.90%). Across the 23 metrics below, KLA Corporation leads on 15 and Lam Research Corporation on 8.
Valuation
Profitability
| Metric | KLAC | LRCX | Semiconductor Equipment & Materials median |
|---|---|---|---|
| Gross margin | 61.30% | 50.47% | 43.95% |
| Operating margin | 41.69% | 35.29% | 10.32% |
| Net margin | 35.57% | 31.27% | 7.45% |
| Free cash flow margin | 27.74% | 21.05% | 6.77% |
| Return on equity | 87.50% | 65.07% | 4.78% |
| Return on assets | 28.40% | 32.38% | 3.62% |
| Return on invested capital | 48.24% | 48.23% | 6.10% |
Growth
Health
Dividend
Size
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