Lam Research Corp

Technology US LRCX

71.57USD
-3.63(4.83%)

Last update at 2024-12-19T18:55:00Z

Day Range

70.1672.91
LowHigh

52 Week Range

571.631005.23
LowHigh

Fundamentals

  • Previous Close 75.20
  • Market Cap126983.50M
  • Volume9387156
  • P/E Ratio35.59
  • Dividend Yield0.82%
  • EBITDA4423.15M
  • Revenue TTM14241.14M
  • Revenue Per Share TTM107.67
  • Gross Profit TTM 7871.81M
  • Diluted EPS TTM27.29

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Income before tax 5109.21M 5193.11M 4370.80M 2574.98M 2446.57M
Minority interest - - - - -
Net income 4510.93M 4605.29M 3908.46M 2251.75M 2191.43M
Selling general administrative 832.75M 885.74M 829.88M 682.48M 702.41M
Selling and marketing expenses - - - - -
Gross profit 7776.93M 7871.81M 6805.31M 4608.69M 4358.46M
Reconciled depreciation 342.43M 333.74M 307.15M 268.52M 309.28M
Ebit 5259.16M 5381.82M 4482.02M 2673.80M 2464.73M
Ebitda 5601.59M 5715.56M 4789.17M 2942.33M 2774.01M
Depreciation and amortization 342.43M 333.74M 307.15M 268.52M 309.28M
Non operating income net other -65.65000M -188.70800M -111.21900M -98.82400M -18.16100M
Operating income 5174.86M 5381.82M 4482.02M 2673.80M 2464.73M
Other operating expenses 12211.51M 11845.22M 10144.13M 7370.93M 7188.83M
Interest expense 186.46M 184.76M 208.60M 177.44M 117.26M
Tax provision 598.28M 587.83M 462.35M 323.23M 255.14M
Interest income 138.98M 15.21M 19.69M 85.43M 98.77M
Net interest income -47.47800M -169.55000M -188.91000M -92.00700M -18.49200M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 598.28M 587.83M 462.35M 323.23M 255.14M
Total revenue 17428.52M 17227.04M 14626.15M 10044.74M 9653.56M
Total operating expenses 2559.91M 2489.99M 2323.28M 1934.89M 1893.73M
Cost of revenue 9651.59M 9355.23M 7820.84M 5436.04M 5295.10M
Total other income expense net -107.80000M -188.70800M -111.21900M -98.82400M -18.16100M
Discontinued operations - - - - -
Net income from continuing ops 4510.93M 4605.29M 3908.46M 2251.75M 2191.43M
Net income applicable to common shares 4510.93M 4605.29M 3908.46M 2251.75M 2191.43M
Preferred stock and other adjustments - - - - -
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Total assets 18781.64M 17195.63M 15892.15M 14559.05M 12001.33M
Intangible assets 168.45M 101.85M 132.37M 168.53M 216.95M
Earning assets - - - - -
Other current assets 214.15M 347.39M 207.53M 146.16M 133.54M
Total liab 10571.47M 10917.27M 9864.96M 9375.56M 7278.03M
Total stockholder equity 8210.17M 6278.37M 6027.19M 5183.49M 4723.30M
Deferred long term liab 30.08M - - - -
Other current liab 4176.56M 1974.27M 1719.48M 1272.65M 946.64M
Common stock 0.13M 0.14M 0.14M 0.14M 0.14M
Capital stock 0.13M 0.14M 0.14M 0.14M 0.14M
Retained earnings 22032.10M 18454.72M 14684.91M 11520.59M 9930.92M
Other liab 1210.48M 1354.06M 1346.76M 1129.37M 1133.05M
Good will 1622.49M 1515.11M 1622.50M 1652.97M 1701.55M
Other assets 1574.64M 1645.85M 1313.79M 806.46M 678.76M
Cash 5337.06M 3522.00M 4418.26M 4915.17M 3658.22M
Cash and equivalents - - - - -
Total current liabilities 4184.92M 4564.76M 3527.87M 3162.44M 2371.65M
Current deferred revenue -1011.20800M 1571.90M 967.33M 457.52M 381.32M
Net debt -325.51500M 1483.83M 583.42M 895.55M 831.68M
Short term debt 8.36M 7.38M 11.35M 839.88M 667.13M
Short long term debt 8.36M 7.38M 11.35M 836.11M 667.13M
Short long term debt total 5011.54M 5005.83M 5001.68M 5810.73M 4489.90M
Other stockholder equity -13721.35100M -12066.51300M -8593.73900M -6243.03600M -5143.72900M
Property plant equipment 2099.33M 1647.59M 1303.48M 1246.08M 1059.08M
Total current assets 13228.41M 12285.24M 11652.39M 10853.53M 8560.41M
Long term investments - - - - 1.54M
Net tangible assets 6419.23M 4661.40M 4404.69M 3519.53M 3021.76M
Short term investments 37.64M 135.73M 1310.87M 1795.08M 1772.98M
Net receivables 2823.38M 4313.82M 3026.43M 2097.10M 1455.52M
Long term debt 5003.18M 4998.45M 4990.33M 4959.37M 3822.77M
Inventory 4816.19M 3966.29M 2689.29M 1900.02M 1540.14M
Accounts payable 1011.21M 1011.21M 829.71M 592.39M 376.56M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -100.70600M -109.98200M -64.12800M -94.21100M -64.03000M
Additional paid in capital - - - - -
Common stock total equity 0.13M 0.14M 0.14M 0.14M 0.14M
Preferred stock total equity - - - - -
Retained earnings total equity 22032.10M 18454.72M 14684.91M 11520.59M 9930.92M
Treasury stock - -19481.42900M -15646.70100M -12949.88900M -11602.57300M
Accumulated amortization - - - - -
Non currrent assets other 1905.62M 1645.85M 1313.79M 981.04M 680.30M
Deferred long term asset charges - - - - -
Non current assets total 5553.23M 4910.40M 4239.77M 3705.51M 3440.92M
Capital lease obligations 46.60M 43.37M 40.75M 15.25M -
Long term debt total 5003.18M 4998.45M 4990.33M 4970.85M 3822.77M
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Investments -534.56200M 1165.88M 464.52M -15.00000M -1326.20800M
Change to liabilities -467.56600M 895.92M 692.62M 495.91M -504.10500M
Total cashflows from investing activities -534.56200M 612.27M 73.27M -244.08400M -1637.05400M
Net borrowings -23.20600M -11.88900M -862.06000M 1307.11M 1997.31M
Total cash from financing activities -2830.66700M -4578.93700M -4166.98200M -623.93000M -2390.08000M
Change to operating activities 27.18M -1796.22600M -678.74100M 196.88M -212.42300M
Net income 4510.93M 4605.29M 3908.46M 2251.75M 2191.43M
Change in cash 1813.84M -897.21500M -498.33300M 1255.69M -855.16200M
Begin period cash flow 3773.53M 4670.75M 5169.08M 3913.40M 4768.56M
End period cash flow 5587.37M 3773.53M 4670.75M 5169.08M 3913.40M
Total cash from operating activities 5178.94M 3099.67M 3588.16M 2126.45M 3176.01M
Issuance of capital stock 11.11M 5.68M 24.12M 8.08M 84.77M
Depreciation 342.43M 333.74M 307.15M 268.52M 309.28M
Other cashflows from investing activities -131.12600M -7.57500M -42.15500M -25.84500M -7.35500M
Dividends paid 907.91M 815.29M 726.99M 656.84M 678.35M
Change to inventory -961.96800M -1351.34400M -792.59100M -411.60800M 281.36M
Change to account receivables 1452.26M -1287.68000M -928.92800M -641.82700M 732.14M
Sale purchase of stock -2017.01200M -3865.66300M -2697.70400M -1369.64900M -3780.61100M
Other cashflows from financing activities 106.35M 108.22M 95.65M 3312.01M 2179.72M
Change to netincome 166.84M -43.12500M 51.30M 172.11M 176.44M
Capital expenditures 501.57M 546.03M 349.10M 203.24M 303.49M
Change receivables 1452.26M -1287.68000M -928.92800M -641.82700M 732.14M
Cash flows other operating 136.02M -53.12100M -59.18900M -14.35400M -17.86400M
Exchange rate changes - - 7.21M -2.75000M -4.04100M
Cash and cash equivalents changes 1813.71M -866.98800M -498.33300M 1255.69M -855.16200M
Change in working capital 158.74M -1796.22600M -678.74100M -571.87500M 491.52M
Stock based compensation 286.60M 259.06M 220.16M 189.20M 187.23M
Other non cash items 52.30M -44.75100M -17.39200M 6.63M 1.52M
Free cash flow 4677.37M 2553.64M 3239.07M 1923.21M 2872.52M

Peer Comparison

Sector: Technology Industry: Semiconductor Equipment & Materials

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
LRCX
Lam Research Corp
-3.63 4.83% 71.57 35.59 26.25 8.76 15.26 8.72 27.97
ASML
ASML Holding NV ADR
-3.43 0.48% 716.06 49.01 44.05 13.98 26.27 13.85 38.25
ASMLF
ASML Holding NV
-2.94 0.41% 714.48 35.84 34.36 10.90 22.09 10.98 30.93
AMAT
Applied Materials Inc
-2.65 1.60% 162.80 19.53 17.73 5.16 7.46 5.10 15.75
KLAC
KLA-Tencor Corporation
-1.07 0.17% 629.70 40.82 25.71 9.52 30.25 9.80 24.77

Reports Covered

Stock Research & News

Profile

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products. It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions. In addition, the company offers Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. Further, it provides Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. The company sells its products and services to semiconductors industry in the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and internationally. The company was incorporated in 1980 and is headquartered in Fremont, California.

Lam Research Corp

4650 Cushing Parkway, Fremont, CA, United States, 94538

Key Executives

Name Title Year Born
Mr. Timothy M. Archer Pres, CEO & Director 1967
Mr. Douglas R. Bettinger Exec. VP, CFO & Chief Accounting Officer 1967
Dr. Patrick J. Lord Ph.D. Exec. VP of Customer Support Bus. Group & Global Operations 1966
Mr. Vahid Vahedi Sr. VP & GM of the Etch Bus. Unit 1966
Mr. Seshasayee Varadarajan Sr. VP & GM of Deposition Bus. Unit 1975
Dr. Richard A. Gottscho Exec. VP & CTO 1952
Mr. Robert F. Hawthorne Chief Information Officer NA
Ms. Tina Correia Corp. VP of Investor Relations & Corp. Fin. NA
Ms. Ava M. Hahn J.D. Sr. VP, Chief Legal Officer & Sec. 1973
Ms. Stacey MacNeil Chief Communications Officer NA

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