Lam Research (LRCX) Financial Ratios: P/E, ROE & More

Lam Research (LRCX) Financial Ratios

For fiscal 2026 (fiscal year ended Jun 28, 2026), Lam Research had a P/E ratio of 65.25 (up from 23.20), return on equity of 65.1% (up from 58.2%), debt-to-equity of 0.33 (down from 0.48) and a current ratio of 2.63 (up from 2.21). A current ratio of 2.63 means current assets exceed current liabilities. Its dividend yield was 0.27% with a payout ratio of 17.5%.

Lam Research Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Jun 2026	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Valuation Ratios
P/E Ratio	65.25	23.20	36.37	18.13	13.56	23.43
Forward P/E	50.20	23.70	31.65	25.81	12.42	19.75
P/S Ratio	20.41	6.74	9.34	4.69	3.63	6.14
P/B Ratio	38.02	12.61	16.30	9.96	9.95	14.90
Price/Tangible Book	44.83	15.44	20.55	12.68	13.40	15.20
Price/FCF	96.92	22.96	32.71	17.48	24.45	27.73
Price/OCF	80.93	20.14	29.93	15.79	20.15	25.04
PEG Ratio	2.27	1.59	2.35	12.29	1.19	0.63
Enterprise Value Ratios
EV/Revenue	20.36	6.69	9.29	4.67	3.66	6.09
EV/EBITDA	54.74	19.62	29.57	14.44	11.04	18.60
EV/EBIT	57.69	20.91	32.03	15.38	11.72	19.88
EV/FCF	96.72	22.79	32.55	17.41	24.71	27.51
Profitability & Returns
Return on Equity (ROE)	65.07%	58.24%	45.71%	62.27%	74.85%	69.73%
Return on Assets (ROA)	22.84%	18.40%	14.41%	18.40%	20.33%	26.32%
Return on Invested Capital (ROIC)	74.95%	65.56%	47.22%	58.56%	71.72%	58.95%
Return on Capital Employed (ROCE)	46.60%	39.90%	30.00%	36.30%	42.60%	37.73%
Leverage & Solvency Ratios
Debt/Equity	0.33	0.48	0.62	0.64	0.83	0.83
Debt/EBITDA	0.47	0.74	1.08	0.89	0.86	1.04
Debt/FCF	0.84	0.88	1.24	1.12	2.05	1.54
Liquidity Ratios
Current Ratio	2.63	2.21	2.97	3.16	2.69	3.30
Quick Ratio	1.84	1.49	1.93	1.95	1.75	2.48
Efficiency Ratios
Asset Turnover	1.03	0.92	0.79	0.97	1.04	0.96
Inventory Turnover	2.68	2.22	1.73	2.18	2.81	3.41
Yield & Distribution Ratios
Earnings Yield	1.53%	4.31%	2.75%	5.52%	7.38%	4.27%
FCF Yield	1.03%	4.36%	3.06%	5.72%	4.09%	3.61%
Dividend Yield	0.27%	0.94%	0.75%	1.13%	1.32%	0.80%
Payout Ratio	17.49%	21.45%	26.62%	20.13%	17.70%	18.60%
Buyback Yield	2.25%	2.26%	2.83%	3.41%	3.23%	2.53%
Total Return	2.53%	3.20%	3.57%	4.53%	4.55%	3.33%

Source: Company financial statements from annual and quarterly filings. Data as of Sep 27, 2026. Data sources and methodology

Frequently Asked Questions About Lam Research Financial Ratios

What is Lam Research's P/E ratio?

Lam Research's P/E ratio was 65.25 for fiscal 2026 (period ended Jun 28, 2026). It was 23.20 a year earlier.

What is Lam Research's return on equity?

Lam Research's return on equity (ROE) was 65.1% for fiscal 2026 (period ended Jun 28, 2026). It was 58.2% a year earlier.

What is Lam Research's debt-to-equity ratio?

Lam Research's debt-to-equity ratio was 0.33 for fiscal 2026 (period ended Jun 28, 2026). It was 0.48 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition