Advanced Micro Devices, Inc. (AMD) vs Lam Research Corporation (LRCX)
A side-by-side comparison of Advanced Micro Devices, Inc. and Lam Research Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.
AMD
Advanced Micro Devices, Inc.
$516.13TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
LRCX
Lam Research Corporation
$298.22TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — AMD vs LRCX
growth of $100 · dividends reinvested · last 10yAMD +7262.6% (+53.7%/yr)LRCX +3551.9% (+43.3%/yr)AMD compounded faster over this window
AMD LRCX
AMD vs LRCX: by the numbers
- •AMD is the larger company ($841.60B vs $372.94B market cap).
- •LRCX trades at the lower trailing earnings multiple (51.77 vs 132.34 P/E), one valuation lens rather than an overall verdict.
- •LRCX converts more revenue to profit (31.27% vs 15.58% net margin).
- •AMD grew revenue faster over the past five years (25.35% vs 11.25% CAGR).
- •LRCX pays a dividend (0.35% yield), while AMD is a former payer with no current dividend run rate.
Metrics side by side
Valuation
| Metric | AMD | LRCX |
|---|---|---|
| P/E ratio | 132.34 | 51.77 |
| Forward P/E | 68.36 | 31.43 |
| P/S ratio | 20.38 | 16.05 |
| P/B ratio | 12.52 | 29.91 |
| EV / EBITDA | 88.36 | 42.99 |
| FCF yield | 1.00% | 1.21% |
Profitability
| Metric | AMD | LRCX |
|---|---|---|
| Gross margin | 53.20% | 50.47% |
| Operating margin | 15.71% | 35.29% |
| Net margin | 15.58% | 31.27% |
| ROE | 9.57% | 58.26% |
| ROIC | 7.58% | 40.77% |
Dividends
| Metric | AMD | LRCX |
|---|---|---|
| Dividend yield | N/A | 0.35% |
| Payout ratio | N/A | 18.06% |
Growth (annualized)
| Metric | AMD | LRCX |
|---|---|---|
| Revenue CAGR (5Y) | 25.35% | 11.25% |
| EPS CAGR (5Y) | 4.92% | 16.30% |
| FCF CAGR (5Y) | 27.78% | 12.22% |
| Total return CAGR (5Y) | 36.78% | 39.31% |
Frequently asked
- Which has the lower trailing P/E, AMD or LRCX?
- LRCX has the lower trailing P/E: AMD trades at 132.34 and LRCX at 51.77. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AMD or LRCX?
- Over the past five years, AMD grew revenue faster — AMD at a 25.35% CAGR versus LRCX at 11.25%.
- Does AMD or LRCX pay a bigger dividend?
- LRCX pays a dividend (0.35% yield), while AMD is a former payer with no current dividend run rate.
- Is AMD or LRCX more profitable?
- LRCX runs the higher net margin — AMD at 15.58% versus LRCX at 31.27%.
- How have AMD and LRCX total returns compared?
- Over the past 10 years, AMD delivered 55.99% and LRCX delivered 43.62% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Advanced Micro Devices P/E ratioLam Research P/E ratioLam Research dividend yieldAdvanced Micro Devices ROELam Research ROEAdvanced Micro Devices operating marginLam Research operating marginAdvanced Micro Devices revenue growthLam Research revenue growthAdvanced Micro Devices free cash flowLam Research free cash flow
Advanced Micro Devices & Lam Research appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 10, 2026.