Lam Research (LRCX) FCF Margin (2009 - 2026)
Lam Research's FCF Margin came in at 18.87% for fiscal Q4 2026 (quarter ended Jun 28, 2026), down 27.19 percentage points from 46.06% a year earlier but up 5.01 percentage points from the prior quarter.
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Analysis
Lam Research (LRCX) FCF Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Jun 28, 2026), Lam Research's FCF Margin was 21.05%, down 8.31 percentage points from FY2025.
- FCF Margin carries a five-year change of -1.09 percentage points (FY2021 to FY2026).
- Going back by fiscal year, FCF Margin was 29.37% in FY2025 (+0.82 pp), 28.55% in FY2024 (+1.71 pp), 26.84% in FY2023 (+12.01 pp) and 14.82% in FY2022 (-7.32 pp).
- The five-year range for quarterly FCF Margin is 6.86% (fiscal Q4 2022) to 46.06% (fiscal Q4 2025).
- Year-over-year, FCF Margin increased in three of the last eight quarters, with an average year-over-year change of -3.59 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in fiscal Q3 2023 (a gain of 26.45 percentage points), and the weakest in fiscal Q4 2026 (a drop of 27.19 percentage points).
- Business Quant data shows LRCX's FCF Margin at 13.86% (Q3 2026), 22.81% (Q2 2026) and 29.94% (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,563.73 Bn | 5,337.89 Bn | 72.14 Bn | 22.24% |
| 2 | Taiwan Semiconductor Manufacturing | 2,381.64 Bn | 2,007.35 Bn | 27.22 Bn | - |
| 3 | Broadcom | 1,640.54 Bn | 1,566.58 Bn | 20.46 Bn | 46.18% |
| 4 | Micron Technology | 1,238.95 Bn | 1,177.72 Bn | 35.06 Bn | 42.36% |
| 5 | Advanced Micro Devices | 1,004.87 Bn | 961.62 Bn | 6.20 Bn | 13.51% |
| 6 | Asml Holding | 697.02 Bn | 652.86 Bn | 5.90 Bn | - |
| 7 | Intel | 605.16 Bn | 489.89 Bn | 6.51 Bn | 27.59% |
| 8 | Lam Research | 425.56 Bn | 402.36 Bn | 3.48 Bn | 18.87% |
| 9 | Applied Materials | 420.05 Bn | 385.49 Bn | 4.59 Bn | 25.56% |
| 10 | Arm Holdings | 310.17 Bn | 295.88 Bn | 1.25 Bn | 85.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 18.87% |
| Mar 29, 2026 | 13.86% |
| Dec 28, 2025 | 22.81% |
| Sep 28, 2025 | 29.94% |
| Jun 29, 2025 | 46.06% |
| Mar 30, 2025 | 21.62% |
| Dec 29, 2024 | 12.65% |
| Sep 29, 2024 | 34.98% |
| Jun 30, 2024 | 19.67% |
| Mar 31, 2024 | 33.77% |
| Dec 24, 2023 | 35.62% |
| Sep 24, 2023 | 25.10% |
| Jun 25, 2023 | 32.55% |
| Mar 26, 2023 | 41.53% |
| Dec 25, 2022 | 18.51% |
| Sep 25, 2022 | 20.68% |
| Jun 26, 2022 | 6.86% |
| Mar 27, 2022 | 15.08% |
| Dec 26, 2021 | 30.81% |
| Sep 26, 2021 | 7.46% |
API Access
Lam Research FCF Margin 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=fcf-margin&ticker=LRCX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=LRCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();