Lam Research (Lam Research) Net Margin %

: 25.39% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Lam Research's Net Income for the three months ended in Dec. 2023 was $954 Mil. Lam Research's Revenue for the three months ended in Dec. 2023 was $3,758 Mil. Therefore, Lam Research's net margin for the quarter that ended in Dec. 2023 was 25.39%.

The historical rank and industry rank for Lam Research's Net Margin % or its related term are showing as below:

LRCX' s Net Margin % Range Over the Past 10 Years
Min: 12.47 Med: 21.96 Max: 26.73
Current: 24.15

LRCX's Net Margin % is ranked better than
90.84% of 982 companies
in the Semiconductors industry
Industry Median: 4.43 vs LRCX: 24.15

Lam Research Net Margin % Historical Data

The historical data trend for Lam Research's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lam Research Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Net Margin %

22.70

22.42

26.72

26.73

25.88

Lam Research Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																27.83	21.04	25.02	25.48	25.39

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, Lam Research's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Lam Research Net Margin % Distribution

For the Semiconductors industry and Technology sector, Lam Research's Net Margin % distribution charts can be found below:

* The bar in red indicates where Lam Research's Net Margin % falls into.

Lam Research Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Lam Research's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	4510.931	/	17428.516
	=	25.88 %

Lam Research's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	954.266	/	3758.259
	=	25.39 %

Lam Research (NAS:LRCX) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Lam Research Net Margin % Related Terms

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Lam Research (Lam Research) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Lam Research Corp (NAS:LRCX) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

LRCX:Mexico 1LRCX:Italy LARd:UK LAR:Germany LAR:Germany LAR:Germany L1RC34:Brazil

Address

4650 Cushing Parkway, Fremont, CA, USA, 94538

Website

https://www.lamresearch.com

Lam Research is one of the largest semiconductor wafer fabrication equipment, or WFE, manufacturers in the world. It specializes in the market segments of deposition and etch, which entail the buildup of layers on a semiconductor and the subsequent selective removal of patterns from each layer. Lam holds the top market share in etch and holds the clear cut second share in deposition. It is more exposed to memory chipmakers for DRAM and NAND chips. It counts as top customers the largest chipmakers in the world, including TSMC, Samsung, Intel, and Micron.

Executives

Timothy Archer	officer: Chief Operating Officer	4650 CUSHING PARKWAY, FREMONT CA 94538
Ava Hahn	officer: Chief Legal Officer & SVP	4650 CUSHING PARKWAY, C/O LAM RESEARCH, FREMONT CA 94538
Abhijit Y Talwalkar	director	ONE AMD PLACE, PO BOX 3453, SUNNYVALE CA 94088
Christina Corrreia	officer: CVP , Chief Accounting Officer	4650 CUSHING PKWY, FREMONT CA 94538
Patrick J Lord	officer: Group Vice President	C/O LAM RESEARCH CORP, 4650 CUSHING PARKWAY, FREMONT CA 94538
John M. Dineen	director	MERRIMACK PHARMACEUTICALS, INC., ONE KENDALL SQUARE, SUITE B7201, CAMBRIDGE MA 02139
Douglas R Bettinger	officer: EVP, Chief Financial Officer	C/O LAM RESEARCH CORPORATION, 4650 CUSHING PARKWAY, FREMONT CA 94538
Vahid Vahedi	officer: Group Vice President	LAM RESEARCH CORPORATION, 4650 CUSHING PARKWAY, FREMONT CA 94538
Neil J Fernandes	officer: Senior Vice President	4650 CUSHING PKWY, FREMONT CA 94538
Ho Kyu Kang	director	4650 CUSHING PKWY, FREMONT CA 94538
Richard A Gottscho	officer: Executive Vice President	4650 CUSHING PARKWAY, FREMONT CA 94538
Sohail U Ahmed	director	4650 CUSHING PARKWAY, FREMONT CA 94538
Scott Gerald Meikle	officer: Senior Vice President	1007 N. 17TH STREET, BOISE ID 83702
Catherine P Lego	director	C/O GUIDEWIRE SOFTWARE, INC., 970 PARK PL, SUITE 200, SAN MATEO CA 94403
Seshasayee Varadarajan	officer: Group Vice President	LAM RESEARCH CORPORATION, 4650 CUSHING PARKWAY, FREMONT CA 94538