Lam Research Past Earnings Performance
Past criteria checks 5/6
Lam Research has been growing earnings at an average annual rate of 11.5%, while the Semiconductor industry saw earnings growing at 20.7% annually. Revenues have been growing at an average rate of 9.8% per year. Lam Research's return on equity is 47.9%, and it has net margins of 26%.
Key information
11.5%
Earnings growth rate
13.7%
EPS growth rate
| Semiconductor Industry Growth | 27.7% |
| Revenue growth rate | 9.8% |
| Return on equity | 47.9% |
| Net Margin | 26.0% |
| Last Earnings Update | 29 Sep 2024 |
Recent past performance updates
Recent updates
Lam Research (NASDAQ:LRCX) Knows How To Allocate Capital Effectively
Nov 14
Why Lam Research Is At A Make-Or-Break Level Before Earnings
Oct 22Lam Research (NASDAQ:LRCX) Seems To Use Debt Quite Sensibly
Oct 12Lam Research Following Micron's Footsteps In High Bandwidth Memory And Semiconductor Equipments Demand
Oct 11Lam Research: The Recent Pullback Is A Buying Opportunity
Sep 16Is Lam Research Corporation (NASDAQ:LRCX) Trading At A 36% Discount?
Sep 15Lam Research's (NASDAQ:LRCX) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 03Lam Research: Finding Opportunity Amidst Q4 FY 2024 Post Earnings Dip
Aug 16Lam Research: China Risk May Offset Memory Recovery And AI Boost
Aug 03The Lam Research Corporation (NASDAQ:LRCX) Full-Year Results Are Out And Analysts Have Published New Forecasts
Aug 02Investors Still Waiting For A Pull Back In Lam Research Corporation (NASDAQ:LRCX)
Jul 28Lam Research: It's Still All About Memory- Maintaining Buy
Jul 11Why Lam Research Corporation (NASDAQ:LRCX) Could Be Worth Watching
Jul 03Capitalizing On The Semiconductor Rebound: Lam Research Is A Compelling Buy
Jul 02Lam Research: Headwinds Coming From Chinese And Japanese Competitors
Jun 07Here's Why Lam Research (NASDAQ:LRCX) Can Manage Its Debt Responsibly
Jun 06Lam Research (NASDAQ:LRCX) Is Aiming To Keep Up Its Impressive Returns
May 23Lam Research: More Wafer Fab Equipment Spend For FY2025, Maintaining Buy
May 18Lam Research Corporation Just Beat EPS By 5.7%: Here's What Analysts Think Will Happen Next
Apr 26Lam Research: Benefiting From HBM-Driven DRAM; Initiate With 'Strong Buy'
Apr 18Lam Research: A Favorite In The Semis - Initiating With A Buy
Apr 09Why We're Not Concerned About Lam Research Corporation's (NASDAQ:LRCX) Share Price
Apr 04Lam Research: Stock Price Runup Justified But Upside Now Limited
Feb 24Here's What's Concerning About Lam Research's (NASDAQ:LRCX) Returns On Capital
Feb 22Investors Can Find Comfort In Lam Research's (NASDAQ:LRCX) Earnings Quality
Feb 09Lam Research Corporation (NASDAQ:LRCX) Released Earnings Last Week And Analysts Lifted Their Price Target To US$872
Jan 31Lam Research (NASDAQ:LRCX) Has A Pretty Healthy Balance Sheet
Jan 28Lam Research: Lack Of Clarity On NAND A Significant Headwind In 2024
Jan 25Lam Research: Positioned Strongly (And Expensively) For AI Secular Trends
Jan 17Lam Research Corporation (NASDAQ:LRCX) Shares Could Be 25% Above Their Intrinsic Value Estimate
Jan 02Lam Research Corporation's (NASDAQ:LRCX) Price Is Out Of Tune With Earnings
Dec 21Why Lam Research Corporation (NASDAQ:LRCX) Could Be Worth Watching
Dec 09Lam Research (NASDAQ:LRCX) Might Become A Compounding Machine
Nov 15Is Lam Research (NASDAQ:LRCX) A Risky Investment?
Sep 27A Look At The Fair Value Of Lam Research Corporation (NASDAQ:LRCX)
Aug 30Why Lam Research Corporation (NASDAQ:LRCX) Could Be Worth Watching
Aug 17Lam Research (NASDAQ:LRCX) Could Become A Multi-Bagger
Jul 10Is Lam Research (NASDAQ:LRCX) A Risky Investment?
Jun 29If EPS Growth Is Important To You, Lam Research (NASDAQ:LRCX) Presents An Opportunity
Jun 07A Look At The Intrinsic Value Of Lam Research Corporation (NASDAQ:LRCX)
May 16Is It Too Late To Consider Buying Lam Research Corporation (NASDAQ:LRCX)?
May 05Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Lam Research makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 29 Sep 24 | 15,591 | 4,057 | 904 | 1,975 |
| 30 Jun 24 | 14,905 | 3,828 | 868 | 1,902 |
| 31 Mar 24 | 14,241 | 3,610 | 852 | 1,807 |
| 24 Dec 23 | 14,317 | 3,458 | 829 | 1,724 |
| 24 Sep 23 | 15,836 | 3,972 | 834 | 1,716 |
| 25 Jun 23 | 17,429 | 4,511 | 833 | 1,727 |
| 26 Mar 23 | 18,857 | 4,917 | 843 | 1,736 |
| 25 Dec 22 | 19,048 | 5,125 | 867 | 1,714 |
| 25 Sep 22 | 17,997 | 4,851 | 869 | 1,655 |
| 26 Jun 22 | 17,227 | 4,605 | 886 | 1,604 |
| 27 Mar 22 | 16,737 | 4,541 | 893 | 1,575 |
| 26 Dec 21 | 16,524 | 4,590 | 880 | 1,549 |
| 26 Sep 21 | 15,754 | 4,265 | 862 | 1,520 |
| 27 Jun 21 | 14,626 | 3,908 | 830 | 1,493 |
| 28 Mar 21 | 13,273 | 3,460 | 798 | 1,450 |
| 27 Dec 20 | 11,929 | 2,964 | 759 | 1,377 |
| 27 Sep 20 | 11,056 | 2,609 | 715 | 1,321 |
| 28 Jun 20 | 10,045 | 2,252 | 682 | 1,252 |
| 29 Mar 20 | 9,614 | 2,097 | 665 | 1,209 |
| 29 Dec 19 | 9,549 | 2,070 | 690 | 1,220 |
| 29 Sep 19 | 9,489 | 2,124 | 685 | 1,186 |
| 30 Jun 19 | 9,654 | 2,191 | 702 | 1,191 |
| 31 Mar 19 | 10,418 | 2,671 | 728 | 1,223 |
| 23 Dec 18 | 10,871 | 2,902 | 745 | 1,210 |
| 23 Sep 18 | 10,930 | 2,323 | 753 | 1,206 |
| 24 Jun 18 | 11,077 | 2,381 | 762 | 1,190 |
| 25 Mar 18 | 10,296 | 1,886 | 731 | 1,148 |
| 24 Dec 17 | 9,558 | 1,682 | 691 | 1,108 |
| 24 Sep 17 | 8,859 | 2,025 | 674 | 1,074 |
| 25 Jun 17 | 8,014 | 1,698 | 658 | 1,034 |
| 26 Mar 17 | 7,215 | 1,430 | 593 | 985 |
| 25 Dec 16 | 6,375 | 999 | 585 | 941 |
| 25 Sep 16 | 5,918 | 889 | 592 | 915 |
| 26 Jun 16 | 5,886 | 914 | 631 | 914 |
| 27 Mar 16 | 5,821 | 786 | 628 | 898 |
| 27 Dec 15 | 5,900 | 849 | 612 | 895 |
| 27 Sep 15 | 5,707 | 803 | 596 | 871 |
| 28 Jun 15 | 5,259 | 656 | 592 | 825 |
| 29 Mar 15 | 5,027 | 758 | 615 | 789 |
| 28 Dec 14 | 4,861 | 716 | 593 | 757 |
| 28 Sep 14 | 4,745 | 688 | 598 | 735 |
| 29 Jun 14 | 4,607 | 632 | 605 | 716 |
| 30 Mar 14 | 4,345 | 485 | 573 | 711 |
| 29 Dec 13 | 3,962 | 339 | 607 | 699 |
Quality Earnings: LRCX has high quality earnings.
Growing Profit Margin: LRCX's current net profit margins (26%) are higher than last year (25%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LRCX's earnings have grown by 11.5% per year over the past 5 years.
Accelerating Growth: LRCX's earnings growth over the past year (2.9%) is below its 5-year average (11.5% per year).
Earnings vs Industry: LRCX earnings growth over the past year (2.9%) exceeded the Semiconductor industry -3.9%.
Return on Equity
High ROE: LRCX's Return on Equity (47.9%) is considered outstanding.