About Lam Research Corporation
Lam Research Corporation (LRCX) has been publicly traded since 1984, making it a 42-year-old public company. It operates in the Semiconductor Equipment & Materials industry within the Technology sector. The company is headquartered in Fremont, United States and employs approximately 19,700 people. With a market capitalization of $267 billion, LRCX is one of the largest publicly traded companies.
Key Statistics
- Current Price
- $213.57
- Market Cap
- $268.25B
- 52-Week High
- $256.68
- 52-Week Low
- $56.32
- Sector
- Technology
- Industry
- Semiconductor Equipment & Materials
$1,000 Invested
Monthly Returns Heatmap
Annual Returns
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +22.53% | $170.98 | $209.49 |
| 2025 | +139.16% | $71.49 | $170.98 |
| 2024 | -6.84% | $76.74 | $71.49 |
| 2023 | +88.63% | $40.68 | $76.74 |
| 2022 | -40.72% | $68.63 | $40.68 |
| 2021 | +53.66% | $44.67 | $68.63 |
| 2020 | +64.18% | $27.20 | $44.67 |
| 2019 | +119.33% | $12.40 | $27.20 |
| 2018 | -24.40% | $16.41 | $12.40 |
| 2017 | +76.21% | $9.31 | $16.41 |
| 2016 | +35.18% | $6.89 | $9.31 |
| 2015 | +1.50% | $6.79 | $6.89 |
| 2014 | +46.80% | $4.62 | $6.79 |
| 2013 | +50.71% | $3.07 | $4.62 |
| 2012 | -2.40% | $3.14 | $3.07 |
| 2011 | -28.51% | $4.40 | $3.14 |
| 2010 | +32.06% | $3.33 | $4.40 |
| 2009 | +84.26% | $1.81 | $3.33 |
| 2008 | -50.77% | $3.67 | $1.81 |
| 2007 | -14.60% | $4.30 | $3.67 |
| 2006 | +41.87% | $3.03 | $4.30 |
| 2005 | +23.42% | $2.45 | $3.03 |
| 2004 | -10.50% | $2.74 | $2.45 |
| 2003 | +199.07% | $0.92 | $2.74 |
| 2002 | -53.49% | $1.97 | $0.92 |
| 2001 | +60.14% | $1.23 | $1.97 |
| 2000 | -61.01% | $3.16 | $1.23 |
| 1999 | +526.32% | $0.50 | $3.16 |
| 1998 | -39.10% | $0.83 | $0.50 |
| 1997 | +4.00% | $0.80 | $0.83 |
| 1996 | -38.52% | $1.29 | $0.80 |
| 1995 | +22.82% | $1.05 | $1.29 |
| 1994 | +14.62% | $0.92 | $1.05 |
| 1993 | +133.53% | $0.39 | $0.92 |
| 1992 | +67.00% | $0.24 | $0.39 |
| 1991 | +156.41% | $0.09 | $0.24 |
| 1990 | -9.30% | $0.10 | $0.09 |
| 1989 | -32.81% | $0.15 | $0.10 |
| 1988 | +12.28% | $0.13 | $0.15 |
| 1987 | +58.33% | $0.08 | $0.13 |
| 1986 | -55.56% | $0.19 | $0.08 |
| 1985 | +22.73% | $0.16 | $0.19 |
Valuation
LRCX currently trades at a trailing P/E ratio of 43.5, which is considered high relative to the broader market. The forward P/E of 30.7 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 26.2. The price-to-sales ratio is 13.0.
Dividends
Lam Research Corporation pays a dividend to shareholders with a current yield of 0.49%. This translates to $1.04 per share annually. The payout ratio of 20% indicates sustainable dividend coverage.
Risk & Volatility
LRCX has a beta of 1.79, indicating it is significantly more volatile than the overall market. The stock's 52-week range is $56.32 to $256.68, and it currently trades in the upper half of its 52-week range.
Analyst Ratings
Based on 31 analyst opinions, LRCX has a consensus "buy" rating. The average price target of $274.90 suggests 29.5% upside from current levels.
Frequently Asked Questions
What does Lam Research Corporation do? ▼
Lam Research Corporation is a Semiconductor Equipment & Materials company operating in the Technology sector. The company is headquartered in Fremont, United States.
What sector is LRCX in? ▼
LRCX operates in the Technology sector, specifically in the Semiconductor Equipment & Materials industry.
When did LRCX go public? ▼
Lam Research Corporation went public in 1984, making it a 42-year-old public company as of 2026.
Does LRCX pay dividends? ▼
Yes, Lam Research Corporation pays a dividend with a current yield of 0.49%, which is $1.04 per share annually.
What is LRCX's market cap? ▼
Lam Research Corporation has a market capitalization of $267 billion, classifying it as a mega-cap company.
What is LRCX's P/E ratio? ▼
LRCX has a trailing P/E ratio of 43.5 and a forward P/E of 30.7, which measures how much investors are paying per dollar of earnings.
Is LRCX a buy, hold, or sell? ▼
Based on 31 opinions, LRCX has a consensus "buy" rating. The average price target is $274.9.
Last updated: 3/14/2026