Lam Research (LRCX) Return on Capital Employed (2010 - 2026)
Lam Research (LRCX) posted quarterly Return on Capital Employed of 46.86% for Q1 2026, up 1019.0% on a YoY basis from 4.19% in Q1 2025, and up 4.18% on a QoQ basis from 44.98% in Q4 2025.
Lam Research (LRCX) Return on Capital Employed (2010 - 2026) Analysis & Trends
Lam Research (LRCX) has reported Return on Capital Employed for 17 consecutive years, with 46.86% the latest figure, recorded in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 46.86%, up 1019.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 46.86% (up 1019.0% YoY), and the FY2025 annual result was 43.79%, up 1423.0% from the prior year.
- Return on Capital Employed climbed to 46.86% in Q1 2026, from 44.98% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 46.86% in Q1 2026 and bottomed at 26.95% in Q4 2023.
- Historically, Return on Capital Employed has averaged 37.78% across 5 years, with a median of 39.23% in 2023.
- The sharpest annual moves came in 2023 and 2025: Return on Capital Employed sank 1502 bps in 2023, then soared 1180 bps in 2025.
- Over 5 years, Return on Capital Employed stood at 41.96% in 2022, then slumped by 36 bps to 26.95% in 2023, then climbed by 24 bps to 33.36% in 2024, then soared by 35 bps to 44.98% in 2025, then climbed by 4 bps to 46.86% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 46.86%, 44.98%, and 43.35% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 636.08 Bn | 620.57 Bn | 5.90 Bn | 59.95% |
| 2 | Applied Materials | 406.04 Bn | 399.30 Bn | 3.95 Bn | 27.69% |
| 3 | Lam Research | 369.24 Bn | 364.49 Bn | 2.91 Bn | 46.86% |
| 4 | Kla | 240.65 Bn | 238.86 Bn | 2.09 Bn | 41.84% |
| 5 | Teradyne | 58.07 Bn | 57.82 Bn | 780.95 Mn | 30.40% |
| 6 | Qnity Electronics | 27.70 Bn | 26.85 Bn | 618.00 Mn | 9.95% |
| 7 | Entegris | 18.25 Bn | 17.80 Bn | 380.80 Mn | 6.05% |
| 8 | Onto Innovation | 12.83 Bn | 12.17 Bn | 146.39 Mn | 4.77% |
| 9 | Amkor Technology | 12.41 Bn | 9.90 Bn | 318.59 Mn | 9.35% |
| 10 | Formfactor | 8.32 Bn | 8.14 Bn | 86.79 Mn | 6.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 46.86% |
| Dec 28, 2025 | 44.98% |
| Sep 28, 2025 | 43.35% |
| Jun 29, 2025 | 41.89% |
| Mar 30, 2025 | 36.67% |
| Dec 29, 2024 | 33.36% |
| Sep 29, 2024 | 32.66% |
| Jun 30, 2024 | 30.08% |
| Mar 31, 2024 | 28.31% |
| Dec 24, 2023 | 26.95% |
| Sep 24, 2023 | 31.22% |
| Jun 25, 2023 | 34.90% |
| Mar 26, 2023 | 39.23% |
| Dec 25, 2022 | 41.96% |
| Sep 25, 2022 | 44.23% |
| Jun 26, 2022 | 43.66% |
| Mar 27, 2022 | 41.94% |
| Dec 26, 2021 | 42.58% |
| Sep 26, 2021 | 39.72% |
| Jun 27, 2021 | 37.16% |