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What is LRCX's Pretax Margin?

  Lam Research Corp ( LRCX ) |
1995 - 2021 (27 years)

Pretax Margin is 
956.9M (1Y +36.8% )

LRCX Stock Price & Pretax Margin

Pretax Margin for LRCX competitors.
AMAT CVV VECO ASYS KLAC ACLS
Note: Stonk = Stock. Both words are used interchangeably. 🙂

Historical (All-Time) Stats for Pretax Margin

chevron_right 2021 970.2M +30.9x
( +13.7% / year avg)
chevron_left 1995 30.4M
vertical_align_top Peak 970.2M +13.1x *
vertical_align_bottom Bottom -80.1M
arrow_drop_up # Up Years 16 16 of 27
years up.
arrow_drop_down # Down Years 11
Up Years = Positive (0%+) YoY change
Down Years = Zero or Negative (0% or less) YoY change

Key Points (Stonk Price Comparison)

  • LRCX's stock price has rallied +17,537% from $1.73 in 1995 , or +5.64x faster than it's pretax margin over the same period.
  • If LRCX grows it's stock at the same rate as it's pretax margin (+13.7%/year) , it's stock price will grow +361% and hit $1102.81 over the next 10 years.
  • LRCX's stock price has gone up 7 of the 16 years (+43%) it's pretax margin were also up.
* A modified method (see: here) is used to calculate changes that involve negative numbers.
5-Year Change 🚀
+192%$15.4BNet Revenue (Sales)
+178%$8.3BCost of Revenue (Sales)
+211%$7.1BGross Profit Margin
+6.42%1.85Gross Profit Margin Ratio
+72.1%$1.5BResearch and Development (R&D)
-140.8%$48.7MOther Income/Expenses, Net
+53.7%$2.3BTotal Operating Expenses
+136%$10.6BCost & Expenses
+37.3%$208.9MInterest Expense/Income, Net
+7.81%$317.8MDepreciation & Amortization (D&A)
+381%$5.1BEBITDA
+64.6%1.33EBITDA Margin
+526%$4.8BOperating Income
+107%1.21Operating Margin
-629.5%$50.8MTotal Other Income/Expenses
+620%$4.6BPretax Income (Earnings)
+146%1.21Pretax Income (Earnings) Margin
+407%$355.5MProvision For Income Taxes
+646%$4.3BNet Income (Earnings)
+154%1.11Net Profit Margin
+812%30.04Earnings Per Share (EPS)
+800%29.64Earnings Per Share (EPS) Diluted
-18.2%$570.7MShares Outstanding
-17.1%$578.4MShares Outstanding (Diluted)
+64.6%$14.7BCash and Cash Equivalents
-8.27%$8.5BShort Term Investments
+27.5%$23.2BCash And Short-Term Investments
+172%$10.2BInventory
+63.1%$45.3BTotal Current Assets
+92.7%$5.1BPP&E
+7.43%$6.0BGoodwill
-76.6%$573.1MIntangible Assets
-18.3%$6.5BGoodwill and Intangible Assets
+52.5%$61.1BTotal Assets
+104%$3.0BAccounts Payables
-15.7%$3.3BShort-term Debt
+516%$11.1BOther Current Liabilities
+54.2%$14.4BTotal Current Liabilities
+214%$20.0BLong-term Debt
-5.57%$1.5BOther Non-Current Liabilities
+216%$25.2BTotal Non-Current Liabilities
+128%$39.6BTotal Liabilities
-10.1%$572.0KCommon Stock
+197%$54.9BRetained Earnings
+13.0%-$253.2MAccumulated Other Comprehensive Income Loss
-5.57%$21.5BTotal Shareholders Equity
+52.5%$61.1BTotal Liabilities & Stockholders Equity
+126%$23.3BTotal Debt
+543%$8.6BNet Debt
-76.8%-$4.5MDeferred Income Tax
+60.6%$223.0MStock-Based Compensation (SBC)
-125.8%-$157.9MChange in Working Capital
-101.0%-$2.5MOther Non-Cash Items
+536%$4.7BNet Cash Provided by Operating Activities
+3,834%-$3.2BPurchase of Investments
+368%$4.1BSales/Maturities of Investments
-113.9%-$112.0MOther Investing Activities
-14.6%$463.7MNet Cash used for Investing Activities
+91.6%-$65.0MDebt Repayment
+3,025%$38.5MCommon Stock Issued
+5,428%-$4.4BCommon Stock Repurchased
+292%-$746.2MDividends Paid
-103.6%-$2.7MOther Financing Activities
+2,156%-$5.2BNet Cash Used Provided by Financing Activities
-313.2%-$23.0MEffect of Exchange Rate Changes on Cash
-105.0%-$52.6MNet Change in Cash
+75.9%$15.7BCash at End of Period
+100%$15.8BCash at Beginning of Period
+536%$4.7BOperating Cash Flow
+94.7%-$358.4MCapital Expenditure (capex)
+685%$4.3BFree Cash Flow
  • LRCX Historical Pretax Margin Table
    in million
    * A modified method (see: here) is used to calculate changes that involve negative numbers.
    Year Pretax Margin YoY % Change* Stock Price YoY % Change (Stock Price)
    4/1/2021 970 48.7% 305.42 0.0%
    4/1/2020 652 22.9% 305.42 5.1%
    4/1/2019 530 -29.6% 290.53 70.2%
    4/1/2018 754 49.1% 170.69 -6.2%
    4/1/2017 506 127.7% 181.99 63.8%
    4/1/2016 222 10.7% 111.09 64.2%
    4/1/2015 200 16.8% 67.65 -9.9%
    4/1/2014 171 229.3% 75.06 60.6%
    4/1/2013 52 81.2% 46.74 22.3%
    4/1/2012 28 -80.8% 38.22 1.4%
    4/1/2011 150 14.9% 37.67 -24.0%
    4/1/2010 130 -263.3% 49.6 61.9%
    4/1/2009 -80 -156.1% 30.64 73.4%
    4/1/2008 142 -14.0% 17.67 -52.1%
    4/1/2007 165 41.4% 36.9 -4.4%
    4/1/2006 117 81.3% 38.61 40.2%
    4/1/2005 64 46.1% 27.53 39.3%
    4/1/2004 44 416.8% 19.77 -23.9%
    4/1/2003 8 -182.3% 25.98 133.7%
    4/1/2002 -10 -155.5% 11.11 -35.1%
    4/1/2001 18 36.9% 17.13 -35.2%
    4/1/2000 13 -59.4% 26.43 58.5%
    4/1/1999 33 -170.4% 16.68 283.5%
    4/1/1998 -47 131.1% 4.35 -72.7%
    4/1/1997 -20 -168.4% 15.92 137.6%
    4/1/1996 30 -0.4% 6.7 -63.4%
    4/1/1995 30 - 18.33 -

  • About
    Industry: Semiconductor Equipment & Materials
    Sector: Technology
    Country: US
    IPO Date: 5/11/1984
    Stonk Exchange: NASDAQ
    • Lam Research Corp
    • engages in manufacturing and servicing of wafer processing semiconductor manufacturing equipment.
    • The company is headquartered in Fremont, California and currently employs 10,700 full-time employees.
    • The firm designs, manufactures, markets, refurbishes and services semiconductor processing systems that are used in the fabrication of integrated circuits (ICs).
    • The company operates through manufacturing and servicing of wafer processing semiconductor manufacturing equipment segment.
    • Its products are designed to enable its customers build a range of devices that are used in a range of electronic products, including cell phones, tablets, computers, storage devices, and networking equipment.
    • Its customer base includes semiconductor memory, foundry, and integrated device manufacturers (IDMs) that make products, such as dynamic random-access memory (DRAM), negative-AND (NAND) memory and logic devices.
    • The company offers a portfolio of products that are used in several areas of the semiconductor manufacturing process flow, including thin film deposition, plasma etch and single-wafer clean.
  • Pretax margin = (EBT (Earnings Before Taxes))/(Revenue)


    For more detailed definitions, please see Investopedia.
    Year Pretax Margin YoY % Change Stock Price YoY % Change (Stock Price) net income income tax expense net revenue
    4/1/2021 970174999.99 48.7% 305.42 0.0% 3880.70 177.51 14607.78
    4/1/2020 652353749.98 22.9% 305.42 5.1% 2609.41 165.47 11056.07
    4/1/2019 530964749.97 -29.6% 290.53 70.2% 2123.86 256.06 9488.61
    4/1/2018 754512499.99 49.1% 170.69 -6.2% 3018.05 136.90 10929.50
    4/1/2017 506149999.98 127.7% 181.99 63.8% 2024.60 182.00 8859.30
    4/1/2016 222299999.99 10.7% 111.09 64.2% 889.20 55.50 5918.30
    4/1/2015 200799999.99 16.8% 67.65 -9.9% 803.20 83.30 5706.90
    4/1/2014 171974999.98 229.3% 75.06 60.6% 687.90 107.00 4744.70
    4/1/2013 52225083.35 81.2% 46.74 22.3% 208.90 -45.67 3707.14
    4/1/2012 28824666.66 -80.8% 38.22 1.4% 115.30 24.10 2891.70
    4/1/2011 150449999.98 14.9% 37.67 -24.0% 601.80 63.30 3112.20
    4/1/2010 130899999.96 -263.3% 49.6 61.9% 523.60 100.70 2621.20
    4/1/2009 -80137500.06 -156.1% 30.64 73.4% -320.55 34.50 994.10
    4/1/2008 142724999.93 -14.0% 17.67 -52.1% 570.90 187.20 2661.50
    4/1/2007 165999999.94 41.4% 36.9 -4.4% 664.00 158.60 2567.40
    4/1/2006 117424999.94 81.3% 38.61 40.2% 469.70 128.60 1925.60
    4/1/2005 64774999.94 46.1% 27.53 39.3% 259.10 87.00 1403.80
    4/1/2004 44339999.96 416.8% 19.77 -23.9% 177.36 56.57 1171.70
    4/1/2003 8579999.99 -182.3% 25.98 133.7% 34.32 -24.56 742.53
    4/1/2002 -10418999.99 -155.5% 11.11 -35.1% -41.68 -7.32 726.46
    4/1/2001 18760000.00 36.9% 17.13 -35.2% 75.04 18.24 1450.80
    4/1/2000 13699999.97 -59.4% 26.43 58.5% 54.80 42.40 1340.67
    4/1/1999 33729999.98 -170.4% 16.68 283.5% -19.79 19.36 828.76
    4/1/1998 -47915999.95 131.1% 4.35 -72.7% -203.84 -31.23 904.86
    4/1/1997 -20733374.94 -168.4% 15.92 137.6% -82.93 -36.90 1009.57
    4/1/1996 30308499.96 -0.4% 6.7 -63.4% 121.23 58.17 1279.08
    4/1/1995 30438999.95 18.33 121.76 54.73 1005.31