Lam Research (LRCX) Return on Capital Employed (2010 - 2026)
Lam Research (LRCX) recorded quarterly Return on Capital Employed of 46.86% in Q1 2026, up 4.18% quarter-over-quarter from 44.98% in Q4 2025, and up 1019.0% on a YoY basis from 4.19% in Q1 2025.
Lam Research (LRCX) Return on Capital Employed (2010 - 2026) Analysis & Trends
Lam Research's Return on Capital Employed history runs 17 years deep, the most recent figure standing at 46.86% for Q1 2026.
- In Q1 2026, Return on Capital Employed rose 1019.0% year-over-year to 46.86%; the TTM figure through Mar 2026 stood at 46.86% (up 1019.0% YoY), while the FY2025 annual figure was 43.79%, up 1423.0% from the prior year.
- Return on Capital Employed was 46.86% for Q1 2026 at Lam Research, up from 44.98% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 46.86% in Q1 2026 to a low of 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 tumbled 1502 bps in 2023, then surged 1180 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 41.96% in 2022, then plunged by 36 bps to 26.95% in 2023, then increased by 24 bps to 33.36% in 2024, then surged by 35 bps to 44.98% in 2025, then increased by 4 bps to 46.86% in 2026.
- The last three Return on Capital Employed figures came in at 46.86% (Q1 2026), 44.98% (Q4 2025), and 43.35% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 14,963,355.55 Bn | 14,963,340.04 Bn | 5.90 Bn | 59.95% |
| 2 | Lam Research | 408.02 Bn | 403.27 Bn | 2.91 Bn | 46.86% |
| 3 | Applied Materials | 391.00 Bn | 384.25 Bn | 3.95 Bn | 27.69% |
| 4 | Kla | 277.01 Bn | 272.05 Bn | 2.09 Bn | 41.84% |
| 5 | Teradyne | 58.18 Bn | 57.94 Bn | 780.95 Mn | 14.85% |
| 6 | Qnity Electronics | 30.25 Bn | 30.41 Bn | 618.00 Mn | 9.95% |
| 7 | Entegris | 20.20 Bn | 19.76 Bn | 380.80 Mn | 6.05% |
| 8 | Amkor Technology | 16.87 Bn | 15.05 Bn | 239.03 Mn | 8.44% |
| 9 | Onto Innovation | 13.38 Bn | 12.72 Bn | 146.39 Mn | 0.21% |
| 10 | Formfactor | 9.68 Bn | 9.38 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% |