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LRCX

Lam Research Corp.

$507.84

Earnings Summary

Revenue
$4635.55Mn
Net Profits
$1208.93Mn
Net Profit Margins
26.08%
PE Ratio
15.58

Highlights

Revenue:

Lam Research Corp.’s revenue jumped 11.83% since last year same period to $4635.55Mn in the Q2 2022. On a quarterly growth basis, Lam Research Corp. has generated 14.16% jump in its revenue since last 3-months.

Net Profits:

Lam Research Corp.’s net profit jumped 5.62% since last year same period to $1208.93Mn in the Q2 2022. On a quarterly growth basis, Lam Research Corp. has generated 18.32% jump in its net profits since last 3-months.

Net Profit Margins:

Lam Research Corp.’s net profit margin fell -5.56% since last year same period to 26.08% in the Q2 2022. On a quarterly growth basis, Lam Research Corp. has generated 3.64% jump in its net profit margins since last 3-months.

PE Ratio:

Lam Research Corp.’s price-to-earnings ratio after this Q2 2022 earnings stands at 15.58.

Earnings per share (EPS) Estimates

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

EPS Estimate Current Quarter
9.53
EPS Estimate Current Year
9.53

Highlights

EPS Estimate Current Quarter:

Lam Research Corp.’s earning per share (EPS) estimates for the current quarter stand at 9.53 - a 30.19% jump from last quarter’s estimates.

EPS Estimate Current Year:

Lam Research Corp.’s earning per share (EPS) estimates for the current year stand at 9.53.

Key Ratios

Key ratios of the Lam Research Corp. post its Q2 2022 earnings

Earning Per Share (EPS)
8.83
Return on Assets (ROA)
0.2
Return on Equity (ROE)
0.75
Dividend Per Share (DPS)
6

Highlights

Earning Per Share (EPS):

Lam Research Corp.’s earning per share (EPS) jumped 9.15% since last year same period to 8.83 in the Q2 2022. This indicates that the Lam Research Corp. has generated 9.15% 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 Corp.’s return on assets (ROA) stands at 0.2.

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 Corp.’s return on equity (ROE) stands at 0.75.

Dividend Per Share (DPS):

Lam Research Corp. declared 6 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-26
7.32
8.83
20.63%
2022-04-26
7.51
7.4
-1.46%

Company Information

Lam Research Corporation is one of the American giants in the semiconductor industry. Founded in 1980 by Chinese-born engineer David K. Lam, the company introduced its first product in 1981 viz. the AutoEtch 480, an automated polysilicon plasma etcher. Lam Research Corporation is currently headquartered in Fremont, California, USA. In the Bay Area, Lam Research was the 2nd largest manufacturer only after Tesla as of 2018. Manufacturing facilities of Lam Research are spread across the USA, Austria, and Korea while having sales and service offices in the USA, Asia, and Europe. The company primarily sells its products in the markets of the United States, Europe, and Asia. Its key customers include Intel, Samsung Electronics, Micron Technology, TSMC, SK Hynix, Yangtze Memory Technologies, and Kioxia. Lam Capital Investment Group of the company handles the technology investment fund. Its investments are primarily targeted by the companies that address today’s high-impact and most challenging problems. This includes investment in semiconductor and related businesses, industry 4.0, and technology extension areas, including industrial automation and life sciences. Apart from investments, it offers the companies with operational expertise and access to innovative technologies and an effective supply chain, thus helping them grow and scale globally. Products and Services Following are the key products of Lam Research Corporation: Thin Film Deposition: With nanoscale level uniformity level, integrated circuits are made by laying down the submicroscopic layers of insulating and conducting materials. Plasma Etch: Using the proprietary technology, it involves creating a semiconductor device’s pattern and features by removing the materials selectively from the water surface. Photoresist Strips: The photoresist masks are removed using plasma technology through dry strip systems. Wafer Cleaning involves the removal of films, residues, and particles before and after the processes from the water surface using plasma-based bevel clean products and wet spin clean products. Currently Lam Research Corp. has a market cap of $71.04 Billion. It has a P.E ratio of 15.42. The shares of Lam Research Corp. are trading at $493.45. .

Organisation
Lam Research Corp.
Headquarters
Fremont, California, US
Employees
11.3K
Industry
Electronic Technology
CEO
Timothy Archer