Lam Research (LRCX) Price to Earnings (2010 - 2026)
Lam Research's Price to Earnings was 65.29 in fiscal Q4 2026 (quarter ended Jun 28, 2026), up 183.7% from 23.02 a year earlier and up 65.7% from the prior quarter.
Lam Research (LRCX) Price to Earnings (2010 - 2026) Analysis & Trends
From fiscal Q1 2011 onward, Lam Research has reported Price to Earnings for 64 quarters.
- In earlier fiscal years, Price to Earnings was 23.02 in FY2025 (-36.5%), 36.27 in FY2024 (+101.6%), 17.99 in FY2023 (+34.4%) and 13.39 in FY2022 (-41.7%).
- The fiscal Q4 2026 figure marks the highest quarterly Price to Earnings since fiscal Q3 2013.
- Compared with a year earlier, Price to Earnings has increased for four straight quarters, with growth averaging 34.0% over the last eight quarters.
- The best year-over-year quarter for Price to Earnings over five years was fiscal Q4 2026 (growth of 183.7%); the worst was fiscal Q2 2023 (a decline of 49.0%).
- Per Business Quant data, LRCX's Price to Earnings in the three fiscal quarters before Q4 2026 was 39.41 (Q3 2026), 35.86 (Q2 2026) and 27.81 (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 65.29 |
| Mar 29, 2026 | 39.41 |
| Dec 28, 2025 | 35.86 |
| Sep 28, 2025 | 27.81 |
| Jun 29, 2025 | 23.02 |
| Mar 30, 2025 | 20.00 |
| Dec 29, 2024 | 21.97 |
| Sep 29, 2024 | 26.34 |
| Jun 30, 2024 | 36.27 |
| Mar 31, 2024 | 35.19 |
| Dec 24, 2023 | 29.61 |
| Sep 24, 2023 | 20.58 |
| Jun 25, 2023 | 17.99 |
| Mar 26, 2023 | 13.75 |
| Dec 25, 2022 | 10.89 |
| Sep 25, 2022 | 10.70 |
| Jun 26, 2022 | 13.39 |
| Mar 27, 2022 | 16.95 |
| Dec 26, 2021 | 21.35 |
| Sep 26, 2021 | 20.22 |
Lam Research Price to Earnings 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=price-to-earnings&ticker=LRCX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=LRCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();