Companies: 10,795·Total market cap: $144.5T
Lam Research Corporation

Lam Research Corporation

LRCXNASDAQTechnology● Active
$303.28
$-33.13(-9.85%)
Market Cap$379.3B
P/E Ratio
52W High$346.19
52W Low$84.34
Overview

Lam Research Corporation (LRCX) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

lrcx · pe ratio · data through Jun 29, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Lam Research Corporation (LRCX) measures how much investors pay for each dollar of the company's trailing earnings. LRCX's current PE ratio of 56.50x is calculated by dividing its stock price of $303.28 by its TTM earnings per share of $5.37. +143.9% elevated vs 5Y avg 23.2x

56.50x
P/E Ratio (TTM)+143.9%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-06-29

Forward P/E
38.07x
FY2027 est. EPS $7.97
Based on 22 analysts
EPS (TTM)
$5.37
TTM · diluted EPS
PEG Ratio
1.19
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Lam Research Corporation SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2006 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 23.2x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 19 fiscal years · Front-end computed
Average
20.1x
19-yr mean
Median
17.6x
19-yr midpoint
Minimum
7.6x
Lowest year
Maximum
65.6x
Highest year
56.5x ← Now
7.6x
Min
Q1 · 25%17.6x
Median
Q3 · 75%65.6x
Max
Historically Elevated

At 56.50x, LRCX's current P/E is higher than in 95% of its annual fiscal year readings over the past 19 years — historically elevated.

95th percentileHigher than 18 of 19 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Semiconductors · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Lam Research Corporation
Lam Research CorporationYou
LRCX
$379.3B56.50x-16.2%$5.37
Applied Materials, Inc.
Applied Materials, Inc.
AMAT
$359.7B26.58x-60.6%$8.70
Arista Networks, Inc.
Arista Networks, Inc.
ANET
$194.3B46.94x-30.4%$2.79
Arm Holdings plc American Depositary Shares
Arm Holdings plc American Depositary Shares
ARM
$364.9B177.55x+163.3%$0.85
Intel Corporation
Intel Corporation
INTC
$498.4BN/A-$0.05
Intuit Inc.
Intuit Inc.
INTU
$81.2B56.82x-15.8%$13.82
KLA Corporation
KLA Corporation
KLAC
$252.0B29.34x-56.5%$30.53
Industry Average
5 peers with valid PE
67.45xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 20 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-06-29Latest
FY2025
23.36x$4.17-35.8%
2024-06-30
FY2024
36.41x$2.91+95.5%
2023-06-25
FY2023
18.63x$3.33+36.3%
2022-06-26
FY2022
13.66x$3.29-42.5%
2021-06-27
FY2021
23.77x$2.72+19.8%
2020-06-28
FY2020
19.84x$1.55+49.1%
2019-06-30
FY2019
13.31x$1.44+1.4%
2018-06-30
FY2018
13.13x$1.32-2.8%
2017-06-30
FY2017
13.51x$1.05-7.6%
2016-06-30
FY2016
14.62x$0.58-26.2%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Lam Research Corporation (LRCX) measures how much investors pay for each dollar of the company's trailing earnings. LRCX's current PE ratio of 56.50x is calculated by dividing its stock price of $303.28 by its TTM earnings per share of $5.37.

PE Ratio = Stock Price ÷ EPS (TTM)
= $303.28 ÷ $5.37 = 56.50x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

LRCX pe ratio · 6 questions

LRCX's current PE ratio is 56.50x as of 2026-06-08, based on a stock price of $303.28 and TTM EPS of $5.37. Data sourced from Financial Modeling Prep via LRCX's SEC 10-K and 10-Q filings.

LRCX PE ratioWhat is LRCX PE ratioCurrent PE ratio of LRCXLRCX PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Lam Research Corporation SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08