Switch theme
Sign up to access all valuation multiples
Lam Research is one of the largest semiconductor wafer fabrication equipment manufacturers in the world. It specializes in 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 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.
1989
17.4K+
LTM Revenue $18.0B
LTM EBITDA $6.1B
$102B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Lam Research has a last 12-month revenue (LTM) of $18.0B and a last 12-month EBITDA of $6.1B.
In the most recent fiscal year, Lam Research achieved revenue of $14.9B and an EBITDA of $4.9B.
Lam Research expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Lam Research valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $18.0B | XXX | $14.9B | XXX | XXX | XXX |
| Gross Profit | $8.7B | XXX | $7.1B | XXX | XXX | XXX |
| Gross Margin | 49% | XXX | 47% | XXX | XXX | XXX |
| EBITDA | $6.1B | XXX | $4.9B | XXX | XXX | XXX |
| EBITDA Margin | 34% | XXX | 33% | XXX | XXX | XXX |
| EBIT | $5.7B | XXX | $4.3B | XXX | XXX | XXX |
| EBIT Margin | 32% | XXX | 29% | XXX | XXX | XXX |
| Net Profit | $5.1B | XXX | $3.8B | XXX | XXX | XXX |
| Net Margin | 28% | XXX | 26% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | n/a | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of May 30, 2025, Lam Research's stock price is $81.
Lam Research has current market cap of $103B, and EV of $102B.
See Lam Research trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $102B | $103B | XXX | XXX | XXX | XXX | $3.93 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Start Free TrialAs of May 30, 2025, Lam Research has market cap of $103B and EV of $102B.
Lam Research's trades at 6.2x EV/Revenue multiple, and 18.4x EV/EBITDA.
Equity research analysts estimate Lam Research's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Lam Research has a P/E ratio of 20.4x.
See valuation multiples for Lam Research and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $103B | XXX | $103B | XXX | XXX | XXX |
| EV (current) | $102B | XXX | $102B | XXX | XXX | XXX |
| EV/Revenue | 5.7x | XXX | 6.2x | XXX | XXX | XXX |
| EV/EBITDA | 16.8x | XXX | 18.4x | XXX | XXX | XXX |
| EV/EBIT | 17.8x | XXX | 20.2x | XXX | XXX | XXX |
| EV/Gross Profit | 11.7x | XXX | n/a | XXX | XXX | XXX |
| P/E | 20.4x | XXX | 23.0x | XXX | XXX | XXX |
| EV/FCF | 24.0x | XXX | 24.0x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialLam Research's last 12 month revenue growth is 4%
Lam Research's revenue per employee in the last FY averaged $0.9M, while opex per employee averaged $0.2M for the same period.
Lam Research's rule of 40 is 36% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Lam Research's rule of X is 44% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Lam Research and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 4% | XXX | 9% | XXX | XXX | XXX |
| EBITDA Margin | 34% | XXX | 33% | XXX | XXX | XXX |
| EBITDA Growth | 2% | XXX | 8% | XXX | XXX | XXX |
| Rule of 40 | 36% | XXX | 37% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 44% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.9M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | 13% | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 19% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| XXX | XXX | XXX | XXX | XXX | XXX | |
| ASM International | XXX | XXX | XXX | XXX | XXX | XXX |
| ASML | XXX | XXX | XXX | XXX | XXX | XXX |
| Besi | XXX | XXX | XXX | XXX | XXX | XXX |
| 4DS Memory | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Lam Research acquired XXX companies to date.
Last acquisition by Lam Research was XXXXXXXX, XXXXX XXXXX XXXXXX . Lam Research acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Start Free Trial| When was Lam Research founded? | Lam Research was founded in 1989. |
| Where is Lam Research headquartered? | Lam Research is headquartered in United States of America. |
| How many employees does Lam Research have? | As of today, Lam Research has 17.4K+ employees. |
| Who is the CEO of Lam Research? | Lam Research's CEO is Mr. Timothy M. Archer. |
| Is Lam Research publicy listed? | Yes, Lam Research is a public company listed on NAS. |
| What is the stock symbol of Lam Research? | Lam Research trades under LRCX ticker. |
| When did Lam Research go public? | Lam Research went public in 1984. |
| Who are competitors of Lam Research? | Similar companies to Lam Research include e.g. , ASM International, ASML, Besi. |
| What is the current market cap of Lam Research? | Lam Research's current market cap is $103B |
| What is the current revenue of Lam Research? | Lam Research's last 12 months revenue is $18.0B. |
| What is the current revenue growth of Lam Research? | Lam Research revenue growth (NTM/LTM) is 4%. |
| What is the current EV/Revenue multiple of Lam Research? | Current revenue multiple of Lam Research is 5.7x. |
| Is Lam Research profitable? | Yes, Lam Research is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Lam Research? | Lam Research's last 12 months EBITDA is $6.1B. |
| What is Lam Research's EBITDA margin? | Lam Research's last 12 months EBITDA margin is 34%. |
| What is the current EV/EBITDA multiple of Lam Research? | Current EBITDA multiple of Lam Research is 16.8x. |
| What is the current FCF of Lam Research? | Lam Research's last 12 months FCF is $4.3B. |
| What is Lam Research's FCF margin? | Lam Research's last 12 months FCF margin is 24%. |
| What is the current EV/FCF multiple of Lam Research? | Current FCF multiple of Lam Research is 24.0x. |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.
