Lam Research Corporation
LRCXTechnologyNASDAQSemiconductor Equipment & Materials
Scan Results
Daily timeframeLam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China,. With a market capitalization of $391.80B, it sits in mega-cap territory. The company offers ALTUS systems to deposit conformal or selective films for tungsten or molybdenum metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SPEED gapfill high-density plasma chemical vapor deposition (CVD) products; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced CVD products.
Market Cap
$391.80B
Beta
1.80
P/E (TTM)
60.60
P/E (Fwd)
38.77
EPS (TTM)
$5.17
EPS (Fwd)
$8.08
ROE
66.8%
ROA
22.8%
Cash
$4.75B
Total Debt
$3.73B
Free CF
$4.35B
52W Change
211.2%
Annual Financials
Cash vs Debt
The balance sheet looks solid with $4.75B in cash comfortably exceeding the $3.73B debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Free cash flow comes in at $4.35B, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 66.8%, which is exceptionally high for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 22.8% further supports the picture of efficient asset utilization. Revenue has been relatively flat, moving from $17.23B (2022) to $18.44B (2025).
A beta of 1.80 means LRCX is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Lam Research Corporation's trajectory.