The Tip Desk

LAM RESEARCH CORP

Company Stats

Market Cap
$411.1B
as of Sep 30, 2026
Enterprise Value
$409.2B
Shares Outstanding
1.2B
Free Float
99.7%

Income Statement

Revenue
$23.2B
Operating Income
$8.2B
Net Income
$7.3B
EBITDA
$8.6B
Revenue Growth, 3Y
10.1%
FCF Margin, 3Y Avg
26.3%
FCF Margin, Worst Year
21.1%

Cash Flow

Free Cash Flow
$4.9B
FCF Yield
1.2%
Owner FCF Yield
1.1%

Balance Sheet

Cash & Equivalents
$5.6B
Total Debt
$3.8B
Net Cash
$1.8B
EV / EBITDA
47.68x

Returns & Capital

Dividends Paid
$1.3B
Dividend Yield
0.3%
Dividend Payout, 3Y Avg
21.9%
Share Repurchases
$3.9B
Buyback Yield, 3Y Avg
0.8%
SBC, 3Y Avg
$340.9M

Cash Flow by Year

YearRevenueFCFMargin
FY2026$23.2B$4.9B21.1%
FY2025$18.4B$5.4B29.4%
FY2024$14.9B$4.3B28.6%
FY2023$17.4B$4.7B26.8%
FY2022$17.2B$2.6B14.8%

Annual filing data through FY ended June 28, 2026; shares and float as of November 7, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage