Is ARM or LRCX cheaper?

On trailing earnings, LRCX is cheaper: ARM trades at a 453.35 P/E and LRCX at 69.21.

Which has grown faster, ARM or LRCX?

Over the past five years, ARM grew revenue faster — ARM at a 19.41% CAGR versus LRCX at 10.31%.

Does ARM or LRCX pay a bigger dividend?

LRCX pays a dividend (0.28% yield) while ARM does not currently pay one.

Is ARM or LRCX more profitable?

LRCX runs the higher net margin — ARM at 18.37% versus LRCX at 30.94%.

Arm Holdings plc American Depositary Shares (ARM) vs Lam Research Corporation (LRCX)

LRCX leads on 13 of 15 compared metrics.

A side-by-side comparison of Arm Holdings plc American Depositary Shares and Lam Research Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

ARM

Arm Holdings plc American Depositary Shares

$405.18B

$380.81Technology

LRCX

Lam Research Corporation

$458.72B

$366.81Technology

Total return — ARM vs LRCX

growth of $100 · last 3y

ARM +526.8%LRCX +488.7%ARM compounded faster

ARM LRCX

ARM vs LRCX: by the numbers

•LRCX is the larger company ($458.72B vs $405.18B market cap).
•LRCX trades at the lower earnings multiple (69.21 vs 453.35 P/E).
•LRCX converts more revenue to profit (30.94% vs 18.37% net margin).
•ARM grew revenue faster over the past five years (19.41% vs 10.31% CAGR).
•LRCX pays a dividend (0.28% yield) while ARM does not currently pay one.

Which is better, ARM or LRCX?

Metric tally: ARM 2 · LRCX 13

It depends on what you're optimizing for:

ValueLRCX(lower P/E)

GrowthARM(faster 5Y revenue CAGR)

QualityLRCX(higher ROIC)

Valuation

Metric	ARM	LRCX
P/E ratio	453.35	69.21●
Forward P/E	126.31	46.05●
P/S ratio	82.66	21.27●
P/B ratio	49.08	43.57●
PEG ratio	13.32	0.54●
EV / EBITDA	287.61	57.60●
FCF yield	0.24%	1.40%●

Profitability

Metric	ARM	LRCX
Gross margin	94.63%●	49.98%
Operating margin	18.31%	34.26%●
Net margin	18.37%	30.94%●
ROE	10.91%	63.38%●
ROIC	7.31%	34.00%●

Dividends

Metric	ARM	LRCX
Dividend yield	—	0.28%
Payout ratio	—	24.22%

Growth (annualized)

Metric	ARM	LRCX
Revenue CAGR (5Y)	19.41%●	10.31%
EPS CAGR (5Y)	17.47%	21.72%●
FCF CAGR (5Y)	-1.73%	19.28%●
Total return CAGR (5Y)	—	43.19%

Frequently asked

Which is better, ARM or LRCX?: It depends on your goal. value: LRCX (lower P/E); growth: ARM (faster 5Y revenue CAGR); quality: LRCX (higher ROIC). Across all compared metrics, LRCX leads 13 to 2.
Is ARM or LRCX cheaper?: On trailing earnings, LRCX is cheaper: ARM trades at a 453.35 P/E and LRCX at 69.21.
Which has grown faster, ARM or LRCX?: Over the past five years, ARM grew revenue faster — ARM at a 19.41% CAGR versus LRCX at 10.31%.
Does ARM or LRCX pay a bigger dividend?: LRCX pays a dividend (0.28% yield) while ARM does not currently pay one.
Is ARM or LRCX more profitable?: LRCX runs the higher net margin — ARM at 18.37% versus LRCX at 30.94%.

Go deeper

Full ARM analysis Full LRCX analysis Interactive comparison tool

Dig into the metrics

Arm Holdings plc American Depositary Shares P/E ratio Lam Research P/E ratio Arm Holdings plc American Depositary Shares dividend yield Lam Research dividend yield Arm Holdings plc American Depositary Shares ROE Lam Research ROE Arm Holdings plc American Depositary Shares operating margin Lam Research operating margin Arm Holdings plc American Depositary Shares revenue growth Lam Research revenue growth Arm Holdings plc American Depositary Shares free cash flow Lam Research free cash flow

Arm Holdings plc American Depositary Shares & Lam Research appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin Stocks

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 13, 2026.