Lam Research Financials

LRCX Stock  USD 73.71  1.07  1.47%   
Based on the key indicators obtained from Lam Research's historical financial statements, Lam Research Corp is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Lam Research's Cash And Short Term Investments are fairly stable compared to the past year. Net Receivables is likely to rise to about 2.6 B in 2024, despite the fact that Net Debt is likely to grow to (821.3 M). Key indicators impacting Lam Research's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.270.2568
Sufficiently Up
Slightly volatile
Return On Assets0.210.2042
Fairly Up
Slightly volatile
Return On Equity0.470.4482
Sufficiently Up
Slightly volatile
Debt Equity Ratio0.330.5817
Way Down
Pretty Stable
Current Ratio3.642.9696
Fairly Up
Slightly volatile
The financial analysis of Lam Research is a critical element in measuring its lifeblood. Investors should not minimize Lam Research's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

4.02 Billion

  
Understanding current and past Lam Research Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Lam Research's financial statements are interrelated, with each one affecting the others. For example, an increase in Lam Research's assets may result in an increase in income on the income statement.

Lam Research Earnings Geography

Please note, the imprecision that can be found in Lam Research's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Lam Research Corp. Check Lam Research's Beneish M Score to see the likelihood of Lam Research's management manipulating its earnings.

Lam Research Stock Summary

Lam Research competes with ASML Holding, KLA Tencor, Axcelis Technologies, Teradyne, and Applied Materials. Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California. Lam Research operates under Semiconductor Equipment Materials classification in the United States and is traded on NASDAQ Exchange. It employs 18700 people.
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS5128073062
CUSIP512807108
LocationCalifornia; U.S.A
Business Address4650 Cushing Parkway,
SectorSemiconductors & Semiconductor Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.lamresearch.com
Phone510 572 0200
CurrencyUSD - US Dollar

Lam Research Key Financial Ratios

Lam Research Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets14.6B15.9B17.2B18.8B18.7B19.7B
Other Current Liab1.3B1.7B2.0B4.2B1.8B1.9B
Net Debt895.6M583.4M1.5B(325.5M)(864.5M)(821.3M)
Retained Earnings11.5B14.7B18.5B22.0B24.8B26.1B
Cash4.9B4.4B3.5B5.3B5.8B6.1B
Net Receivables2.1B3.0B4.3B2.8B2.5B2.6B
Inventory1.9B2.7B4.0B4.8B4.2B4.4B
Other Current Assets146.2M207.5M347.4M214.1M298.2M313.1M
Total Liab9.4B9.9B10.9B10.6B10.2B10.7B
Total Current Assets10.9B11.7B12.3B13.2B12.9B13.5B
Short Term Debt839.9M11.3M7.4M8.4M504.8M530.1M
Accounts Payable376.6M592.4M829.7M1.0B614.0M644.7M
Common Stock145K143K137K133K130K135.3K
Other Assets806.5M1.3B1.6B1.6B1.8B1.9B
Long Term Debt5.0B5.0B5.0B5.0B4.5B4.7B
Treasury Stock(11.6B)(12.9B)(15.6B)(19.5B)(17.5B)(16.7B)
Other Liab1.1B1.3B1.4B1.2B1.4B1.5B
Intangible Assets168.5M132.4M101.9M168.5M138.5M276.7M
Good Will1.7B1.6B1.5B1.6B1.6B1.6B
Net Tangible Assets3.5B4.4B4.7B6.4B7.4B4.1B
Long Term Debt Total5.0B5.0B5.0B5.0B5.8B3.0B
Capital Surpluse6.7B7.1B7.4B7.8B9.0B6.4B

Lam Research Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense177.4M208.6M184.8M186.5M185.2M194.5M
Total Revenue10.0B14.6B17.2B17.4B14.9B15.7B
Gross Profit4.6B6.8B7.9B7.8B7.1B7.4B
Operating Income2.7B4.5B5.4B5.2B4.3B4.5B
Ebit2.7B4.5B5.4B5.3B4.3B4.5B
Ebitda2.9B4.8B5.7B5.6B4.7B4.9B
Cost Of Revenue5.4B7.8B9.4B9.7B7.9B8.2B
Income Before Tax2.6B4.4B5.2B5.1B4.4B4.6B
Net Income2.3B3.9B4.6B4.5B3.8B4.0B
Income Tax Expense323.2M462.3M587.8M598.3M532.5M559.1M
Research Development1.3B1.5B1.6B1.7B1.9B2.0B
Tax Provision323.2M462.3M587.8M598.3M532.5M415.3M
Interest Income85.4M19.7M15.2M139.0M251.9M264.5M
Net Interest Income(92.0M)(188.9M)(169.6M)(47.5M)66.7M70.0M

Lam Research Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Lam Research Corp. It measures of how well Lam is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Lam Research brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Lam had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Lam Research has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(411.6M)(792.6M)(1.4B)(962.0M)528.7M555.2M
Change In Cash1.3B(498.3M)(897.2M)1.8B510.8M536.3M
Free Cash Flow1.9B3.2B2.6B4.7B4.3B4.5B
Depreciation268.5M307.2M333.7M342.4M359.7M377.7M
Other Non Cash Items6.6M(17.4M)(44.8M)52.3M10.2M9.7M
Capital Expenditures203.2M349.1M546.0M501.6M396.7M416.5M
Net Income2.3B3.9B4.6B4.5B3.8B4.0B
End Period Cash Flow5.2B4.7B3.8B5.6B5.8B6.1B
Dividends Paid656.8M727.0M815.3M907.9M1.0B1.1B
Investments(15M)464.5M1.2B(534.6M)(370.6M)(352.1M)
Change Receivables(641.8M)(928.9M)(1.3B)1.5B1.3B1.4B
Net Borrowings1.3B(862.1M)(11.9M)(23.2M)(20.9M)(19.8M)
Change To Netincome172.1M51.3M(43.1M)166.8M191.9M146.8M

Lam Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Lam Research's current stock value. Our valuation model uses many indicators to compare Lam Research value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Lam Research competition to find correlations between indicators driving Lam Research's intrinsic value. More Info.
Lam Research Corp is rated third overall in return on equity category among its peers. It also is rated third overall in return on asset category among its peers reporting about  0.30  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Lam Research Corp is roughly  3.28 . At this time, Lam Research's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Lam Research's earnings, one of the primary drivers of an investment's value.

Lam Research's Earnings Breakdown by Geography

Lam Research Corp Systematic Risk

Lam Research's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Lam Research volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Lam Research Corp correlated with the market. If Beta is less than 0 Lam Research generally moves in the opposite direction as compared to the market. If Lam Research Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Lam Research Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Lam Research is generally in the same direction as the market. If Beta > 1 Lam Research moves generally in the same direction as, but more than the movement of the benchmark.

Lam Research Thematic Clasifications

Lam Research Corp is part of several thematic ideas from Power Assets to ESG Investing. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Lam Research Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Lam Research's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Lam Research growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(2.74)

At this time, Lam Research's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Lam Research November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Lam Research help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Lam Research Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lam Research Corp based on widely used predictive technical indicators. In general, we focus on analyzing Lam Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lam Research's daily price indicators and compare them against related drivers.

Additional Tools for Lam Stock Analysis

When running Lam Research's price analysis, check to measure Lam Research's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lam Research is operating at the current time. Most of Lam Research's value examination focuses on studying past and present price action to predict the probability of Lam Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lam Research's price. Additionally, you may evaluate how the addition of Lam Research to your portfolios can decrease your overall portfolio volatility.