Lam Research Corporation (LRCX) vs Teradyne, Inc. (TER)
Lam Research Corporation and Teradyne, Inc. are both Semiconductor Equipment & Materials companies. Lam Research Corporation is the larger, with a market value of $390.4B against $62.4B — 6.3× the size. Teradyne, Inc. trades at the lower P/E: 54.3× against 54.4×. Teradyne, Inc. grew revenue faster over the last twelve months: 57.9% against 26.0%. Lam Research Corporation has the higher net margin (31.3% vs 25.8%) and the higher return on invested capital (48.2% vs 27.0%). Both pay a dividend; Lam Research Corporation yields more (0.90% vs 0.47%). Across the 22 metrics below, Lam Research Corporation leads on 12 and Teradyne, Inc. on 10.
Valuation
Profitability
| Metric | LRCX | TER | Semiconductor Equipment & Materials median |
|---|---|---|---|
| Gross margin | 50.47% | 59.24% | 43.95% |
| Operating margin | 35.29% | 30.23% | 10.32% |
| Net margin | 31.27% | 25.77% | 7.45% |
| Free cash flow margin | 21.05% | 17.92% | 6.77% |
| Return on equity | 65.07% | 36.45% | 4.78% |
| Return on assets | 32.38% | 26.48% | 3.62% |
| Return on invested capital | 48.23% | 27.04% | 6.10% |
Growth
Health
Dividend
Size
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