Lam Research Corporation logo

LRCX

Lam Research Corporation

$1050.35

Earnings Summary

Revenue
$3793.56Mn
Net Profits
$965.83Mn
Net Profit Margins
25.46%
PE Ratio
38.9

Highlights

Revenue:

Lam Research Corporation’s revenue fell -1.96% since last year same period to $3793.56Mn in the Q1 2024. On a quarterly growth basis, Lam Research Corporation has generated 0.94% jump in its revenue since last 3-months.

Net Profits:

Lam Research Corporation’s net profit jumped 18.65% since last year same period to $965.83Mn in the Q1 2024. On a quarterly growth basis, Lam Research Corporation has generated 1.21% jump in its net profits since last 3-months.

Net Profit Margins:

Lam Research Corporation’s net profit margin jumped 21.03% since last year same period to 25.46% in the Q1 2024. On a quarterly growth basis, Lam Research Corporation has generated 0.27% jump in its net profit margins since last 3-months.

PE Ratio:

Lam Research Corporation’s price-to-earnings ratio after this Q1 2024 earnings stands at 38.9.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Lam Research Corporation post its latest quarter earnings

EPS Estimate Current Quarter
7.58
EPS Estimate Current Year
7.58

Highlights

EPS Estimate Current Quarter:

Lam Research Corporation’s earning per share (EPS) estimates for the current quarter stand at 7.58 - a 3.84% jump from last quarter’s estimates.

EPS Estimate Current Year:

Lam Research Corporation’s earning per share (EPS) estimates for the current year stand at 7.58.

Key Ratios

Key ratios of the Lam Research Corporation post its Q1 2024 earnings

Earning Per Share (EPS)
7.79
Return on Assets (ROA)
0.14
Return on Equity (ROE)
0.44
Dividend Per Share (DPS)
2

Highlights

Earning Per Share (EPS):

Lam Research Corporation’s earning per share (EPS) jumped 11.44% since last year same period to 7.79 in the Q1 2024. This indicates that the Lam Research Corporation has generated 11.44% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Lam Research Corporation’s return on assets (ROA) stands at 0.14.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Lam Research Corporation’s return on equity (ROE) stands at 0.44.

Dividend Per Share (DPS):

Lam Research Corporation declared 2 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-29
7.3
7.79
6.71%