Lam Research Corp (LRCX) stock
Close on Nov 13, 2026Market cap $282.21BP/E 33.7Yield 0.46%
Lam Research Corp grew revenue 33.4% to $26.13B over the twelve months to Sep 27, 2026. Operating income rose 49.3% to $9.65B, moving the operating margin from 33.0% to 37.0%. Free cash flow was $6.54B, up 17.8% from a year earlier. At the latest close the market valued the company at $282.21B, 33.7 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 27, 2026
Valuation
- Market cap
- $282.21B
- P/E ratio
- 33.7
- Price to sales
- 10.80
- Price to book
- 20.29
- Dividend yield
- 0.46%
- Free cash flow yield
- 2.32%
Fundamentals
- Revenue
- $26.13B
- Net income
- $8.45B
- EPS, diluted
- $6.71
- Free cash flow
- $6.54B
- Book value per share
- $11.08
- Diluted shares
- 1.26B
Trading
- Next earnings
- Jan 27, 2027 (estimated, during market hours)
- Previous close
- $233.78
- Open
- $230.00
- Day's range
- $218.90 – $233.75
- Volume
- 11,032,470
- Average volume (20 days)
- 13,791,301
- Index membership
- S&P 500, Nasdaq-100, Russell 1000, Russell 3000
- Beta (5 years)
- 1.99
- 52-week range
- $135.50 – $438.50
- RSI (14 days)
- 41.9
- Volatility (1 year)
- 69.0%
- Relative volume
- 1.07×
- WACC
- 14.9%
On 5 of our idea lists: Quality compounders, Breakout quarter, Dividend growers, Superinvestor favorites, Fallen quality
Index membership is inferred from the holdings of funds that track each index (VOO, IVV, SPYM, QQQ, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2009, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.
| Period | LRCX | S&P 500 | Difference | LRCX per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -25.0% | -3.0% | −21.9 pts | ||
| 3 months | -32.9% | -2.8% | −30.1 pts | ||
| Year to date | +32.4% | +11.5% | +20.9 pts | ||
| 1 year | +48.0% | +13.5% | +34.6 pts | ||
| 3 years | +243.9% | +77.7% | +166.2 pts | +50.9% | +21.1% |
| 5 years | +280.6% | +72.6% | +208.0 pts | +30.6% | +11.5% |
| 10 years | +2547.5% | +308.2% | +2239.3 pts | +38.8% | +15.1% |
Fifteen years at a glance
Fiscal years 2012 to 2026 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Lam Research filed with the SEC as exhibits to Form 8-K or 6-K
- News
- Results
- Results
- Results
- Results
- Results
About Lam Research
Special Industry Machinery, NEC
Lam Research Corporation supplies wafer fabrication equipment and related services to the semiconductor manufacturing industry. The company designs systems used in deposition, etch, and wafer cleaning processes, along with dry photoresist technologies and advanced packaging solutions for integrated circuits. Through its Customer Support Business Group, the firm delivers equipment maintenance, spare parts, upgrades, and operational optimization services. Its customer base consists of semiconductor manufacturers, including memory chip makers, foundries, and integrated device manufacturers that produce dynamic random-access memory, non-volatile memory, and logic devices.
Company profile, executives and historyLam Research stock: common questions
What is Lam Research's stock price?
LRCX closed at $225.92 on Nov 13, 2026, down 3.36% on the day. Over the past 52 weeks it traded between $135.50 and $438.50.
What is Lam Research's market cap?
Lam Research was worth $282.21B at the close on Nov 13, 2026: the share price times the diluted shares outstanding.
What is LRCX's P/E ratio?
LRCX trades at 33.7 times earnings, based on diluted earnings per share of $6.71 over the twelve months to Sep 27, 2026.
How much revenue does Lam Research make?
Lam Research reported revenue of $26.13B for the twelve months to Sep 27, 2026, up 33.4% from a year earlier.
Does Lam Research pay a dividend?
Yes. Lam Research paid $1.04 per share over the last twelve months, a yield of 0.46% at the latest price, and has raised its annual dividend 12 years in a row.
When does Lam Research report earnings next?
Lam Research is expected to report Q2 FY2027 results on Jan 27, 2027, during market hours. The date is estimated from its past reporting pattern until the company confirms it.
How has LRCX stock performed over the past year?
Including dividends, LRCX returned +48.0% over the past year, against +13.5% for the S&P 500.
How many LRCX shares are sold short?
28M shares were sold short at the latest FINRA report, 2.21% of the float, or 2.2 days of average trading volume.
Who are Lam Research's competitors?
Companies most similar to Lam Research by business, industry and size include ASML, ACMR, AMAT, ACLS, VECO.
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