Advanced Micro Devices, Inc. (AMD) vs Lam Research Corporation (LRCX)
LRCX leads on 9 of 14 compared metrics.
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 June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
AMD
Advanced Micro Devices, Inc.
$511.57Technology
LRCX
Lam Research Corporation
$366.81Technology
Total return — AMD vs LRCX
growth of $100 · last 30yAMD +6245.1%LRCX +36581.4%LRCX compounded faster
Log scale — wide-divergence pair
AMD LRCX
AMD vs LRCX: by the numbers
- •AMD is the larger company ($834.17B vs $458.72B market cap).
- •LRCX trades at the lower earnings multiple (69.21 vs 167.18 P/E).
- •LRCX converts more revenue to profit (30.94% vs 13.37% net margin).
- •AMD grew revenue faster over the past five years (26.80% vs 10.31% CAGR).
- •LRCX pays a dividend (0.28% yield) while AMD does not currently pay one.
Which is better, AMD or LRCX?
Metric tally: AMD 5 · LRCX 9It depends on what you're optimizing for:
ValueLRCX(lower P/E)
GrowthAMD(faster 5Y revenue CAGR)
QualityLRCX(higher ROIC)
Metrics side by side
Valuation
| Metric | AMD | LRCX |
|---|---|---|
| P/E ratio | 167.18 | 69.21● |
| Forward P/E | — | 45.79 |
| P/S ratio | 22.54 | 21.27● |
| P/B ratio | 13.09● | 43.57 |
| PEG ratio | 0.49● | 0.54 |
| EV / EBITDA | 104.18 | 57.60● |
| FCF yield | 1.02% | 1.40%● |
Profitability
| Metric | AMD | LRCX |
|---|---|---|
| Gross margin | 50.28% | 49.98% |
| Operating margin | 11.65% | 34.26%● |
| Net margin | 13.37% | 30.94%● |
| ROE | 7.77% | 63.38%● |
| ROIC | 5.40% | 34.00%● |
Dividends
| Metric | AMD | LRCX |
|---|---|---|
| Dividend yield | — | 0.28% |
| Payout ratio | — | 24.22% |
Growth (annualized)
| Metric | AMD | LRCX |
|---|---|---|
| Revenue CAGR (5Y) | 26.80%● | 10.31% |
| EPS CAGR (5Y) | 4.92% | 21.72%● |
| FCF CAGR (5Y) | 37.73%● | 19.28% |
| Total return CAGR (5Y) | 44.44%● | 43.19% |
Frequently asked
- Which is better, AMD or LRCX?
- It depends on your goal. value: LRCX (lower P/E); growth: AMD (faster 5Y revenue CAGR); quality: LRCX (higher ROIC). Across all compared metrics, LRCX leads 9 to 5.
- Is AMD or LRCX cheaper?
- On trailing earnings, LRCX is cheaper: AMD trades at a 167.18 P/E and LRCX at 69.21.
- Which has grown faster, AMD or LRCX?
- Over the past five years, AMD grew revenue faster — AMD at a 26.80% CAGR versus LRCX at 10.31%.
- Does AMD or LRCX pay a bigger dividend?
- LRCX pays a dividend (0.28% yield) while AMD does not currently pay one.
- Is AMD or LRCX more profitable?
- LRCX runs the higher net margin — AMD at 13.37% versus LRCX at 30.94%.
- Which has been the better investment, AMD or LRCX?
- Over the past 10-year, AMD delivered the higher annualized total return — AMD at 61.16% versus LRCX at 48.10%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Advanced Micro Devices P/E ratioLam Research P/E ratioAdvanced Micro Devices dividend yieldLam 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 June 15, 2026.