Lam Research (LRCX) Debt Ratio (2010 - 2026)
Lam Research's (LRCX) Debt Ratio stood at 0.16 in fiscal Q4 2026 (quarter ended Jun 28, 2026), down 24.5% from 0.21 a year earlier and down 11.6% from the prior quarter.
Lam Research (LRCX) Debt Ratio (2010 - 2026) Analysis & Trends
Starting with fiscal Q4 2010, Lam Research's Debt Ratio history includes 64 quarters.
- Annual Debt Ratio has declined for six straight fiscal years.
- Across earlier fiscal years, Debt Ratio came in at 0.21 in FY2025 (-21.0%), 0.27 in FY2024 (-0.4%), 0.27 in FY2023 (-8.3%) and 0.29 in FY2022 (-7.5%).
- The fiscal Q4 2026 figure is the lowest quarterly Debt Ratio since fiscal Q3 2011.
- On a year-over-year basis, Debt Ratio has declined for nine consecutive quarters, with an average decline of 16.2% over the last eight quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 4.8% in fiscal Q3 2024, against a decline of 24.5% in fiscal Q4 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.18 (Q3 2026), 0.21 (Q2 2026) and 0.20 (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,563.73 Bn | 5,337.89 Bn | 72.14 Bn | 0.10 |
| 2 | Taiwan Semiconductor Manufacturing | 2,381.64 Bn | 2,007.35 Bn | 27.22 Bn | 0.02 |
| 3 | Broadcom | 1,640.54 Bn | 1,566.58 Bn | 20.46 Bn | 0.32 |
| 4 | Micron Technology | 1,238.95 Bn | 1,177.72 Bn | 35.06 Bn | 0.04 |
| 5 | Advanced Micro Devices | 1,004.87 Bn | 961.62 Bn | 6.20 Bn | 0.04 |
| 6 | Asml Holding | 697.02 Bn | 652.86 Bn | 5.90 Bn | 0.09 |
| 7 | Intel | 605.16 Bn | 489.89 Bn | 6.51 Bn | 0.25 |
| 8 | Lam Research | 425.56 Bn | 402.36 Bn | 3.48 Bn | 0.16 |
| 9 | Applied Materials | 420.05 Bn | 385.49 Bn | 4.59 Bn | 0.15 |
| 10 | Arm Holdings | 310.17 Bn | 295.88 Bn | 1.25 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 0.16 |
| Mar 29, 2026 | 0.18 |
| Dec 28, 2025 | 0.21 |
| Sep 28, 2025 | 0.20 |
| Jun 29, 2025 | 0.21 |
| Mar 30, 2025 | 0.22 |
| Dec 29, 2024 | 0.25 |
| Sep 29, 2024 | 0.26 |
| Jun 30, 2024 | 0.27 |
| Mar 31, 2024 | 0.27 |
| Dec 24, 2023 | 0.27 |
| Sep 24, 2023 | 0.27 |
| Jun 25, 2023 | 0.27 |
| Mar 26, 2023 | 0.26 |
| Dec 25, 2022 | 0.26 |
| Sep 25, 2022 | 0.27 |
| Jun 26, 2022 | 0.29 |
| Mar 27, 2022 | 0.30 |
| Dec 26, 2021 | 0.30 |
| Sep 26, 2021 | 0.32 |
Lam Research Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=LRCX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "LRCX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=LRCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();