Lam Research (LRCX) Return on Invested Capital [ROIC] (2010 - 2026)
Lam Research (LRCX) reported Return on Invested Capital [ROIC] of 49.61% for fiscal Q1 2027 (quarter ended Sep 27, 2026), up 9.92 percentage points from 39.69% a year earlier and up 2.37 percentage points from the prior quarter.
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Analysis
Lam Research (LRCX) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2026 (ended Jun 28, 2026), Lam Research posted Return on Invested Capital [ROIC] of 47.20%, up 9.12 percentage points from FY2025.
- Return on Invested Capital [ROIC] has a five-year change of +10.79 percentage points (FY2021 to FY2026).
- By fiscal year, Return on Invested Capital [ROIC] came in at 38.08% in FY2025 (+10.09 pp), 27.99% in FY2024 (-9.30 pp), 37.29% in FY2023 (-5.49 pp) and 42.78% in FY2022 (+6.36 pp).
- The fiscal Q1 2027 figure ranks as the highest quarterly Return on Invested Capital [ROIC] in data going back to fiscal Q1 2011.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last eight quarters, with an average year-over-year change of +9.28 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was fiscal Q2 2022 (a gain of 14.23 percentage points); the low point was fiscal Q2 2024 (a drop of 15.45 percentage points).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 47.24% (Q4 2026), 45.98% (Q3 2026) and 41.98% (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,084.14 Bn | 4,858.30 Bn | 72.14 Bn | 71.14% |
| 2 | Taiwan Semiconductor Manufacturing | 2,168.94 Bn | 1,795.12 Bn | 27.22 Bn | 33.38% |
| 3 | Broadcom | 1,535.70 Bn | 1,461.75 Bn | 20.46 Bn | 25.97% |
| 4 | Micron Technology | 992.51 Bn | 898.15 Bn | 47.05 Bn | 67.70% |
| 5 | Advanced Micro Devices | 843.40 Bn | 800.15 Bn | 6.20 Bn | 8.03% |
| 6 | Asml Holding | 605.80 Bn | 561.49 Bn | 5.90 Bn | - |
| 7 | Intel | 438.54 Bn | 323.27 Bn | 6.51 Bn | -0.05% |
| 8 | Applied Materials | 299.38 Bn | 264.82 Bn | 4.59 Bn | 25.26% |
| 9 | Lam Research | 287.43 Bn | 263.48 Bn | 4.30 Bn | 49.61% |
| 10 | Texas Instruments | 260.14 Bn | 235.01 Bn | 3.89 Bn | 22.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 49.61% |
| Jun 28, 2026 | 47.24% |
| Mar 29, 2026 | 45.98% |
| Dec 28, 2025 | 41.98% |
| Sep 28, 2025 | 39.69% |
| Jun 29, 2025 | 37.45% |
| Mar 30, 2025 | 33.23% |
| Dec 29, 2024 | 30.82% |
| Sep 29, 2024 | 29.27% |
| Jun 30, 2024 | 28.22% |
| Mar 31, 2024 | 27.02% |
| Dec 24, 2023 | 26.10% |
| Sep 24, 2023 | 30.40% |
| Jun 25, 2023 | 34.31% |
| Mar 26, 2023 | 38.09% |
| Dec 25, 2022 | 41.56% |
| Sep 25, 2022 | 42.45% |
| Jun 26, 2022 | 42.77% |
| Mar 27, 2022 | 40.95% |
| Dec 26, 2021 | 41.62% |
API Access
Lam Research Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=LRCX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=LRCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();