LRCX Surges 28% In A Single Month: Where Does It Rank Among Competitors?

LRCX: Lam Research logo
LRCX
Lam Research

Here is how Lam Research (LRCX) stacks up against its peers in size, valuation, growth and margin.

  • LRCX’s operating margin of 32.0% is high, higher than most peers though lower than KLAC (41.2%).
  • LRCX’s revenue growth of 23.7% in the last 12 months is strong, outpacing AMAT, ADI, ICHR but lagging KLAC.
  • LRCX gained 65.6% in the past year and trades at a PE of 30.2, outperforming its peers.

As a quick background, Lam Research provides semiconductor processing equipment and services for integrated circuit fabrication to customers worldwide, including the US, China, Europe, Japan, Korea, Southeast Asia, and Taiwan.

  LRCX AMAT ADI KLAC ICHR
Market Cap ($ Bil) 161.7 151.7 121.3 138.0 0.6
Revenue ($ Bil) 18.4 28.6 10.4 12.2 0.9
PE Ratio 30.2 22.2 62.0 34.0 -30.5
LTM Revenue Growth 23.7% 6.6% 7.1% 23.9% 15.4%
LTM Operating Margin 32.0% 30.1% 25.3% 41.2% -0.8%
LTM FCF Margin 29.4% 20.4% 35.4% 30.8% -2.0%
12M Market Return 65.6% -0.0% 10.0% 39.0% -32.9%

Why does this matter? LRCX just went up 28% in a month – peer comparison puts stock performance, valuation, and financials in context – highlighting whether it is truly outperforming, lagging behind, and above all – can this continue? Read Buy or Sell LRCX Stock to see if Lam Research holds up as a quality investment. Furthermore, there is always a risk of fall after a strong rally – see how the stock has dipped and recovered in the past through LRCX Dip Buyer Analysis lens.

While peer comparison is critical Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risks while giving upside exposure.

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Revenue Growth Comparison

  LTM 2025 2024 2023 2022
LRCX 23.7% 23.7% -14.5% 1.2%  
AMAT 6.6% 2.5% 2.8% 11.8%
ADI 7.1% -23.4% 2.4% 64.2%
KLAC 23.9% 23.9% -6.5% 13.9%  
ICHR 15.4% 4.7% -36.6% 16.7%

Operating Margin Comparison

  LTM 2025 2024 2023 2022
LRCX 32.0% 32.0% 28.7% 29.9%  
AMAT 30.1% 28.9% 28.9% 30.2%
ADI 25.3% 22.0% 32.4% 29.6%
KLAC 41.2% 41.2% 37.1% 38.1%  
ICHR -0.8% -0.9% -1.3% 6.7%

PE Ratio Comparison

  LTM 2025 2024 2023 2022
LRCX 30.2 17.3 26.9 12.6  
AMAT 22.2 18.7 19.9 13.0
ADI 62.0 64.5 30.1 31.0
KLAC 34.0 20.6 28.5 15.5  
ICHR -30.5 -50.7 -22.8 10.6

The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.