Which has the lower trailing P/E, ARM or LRCX?

LRCX has the lower trailing P/E: ARM trades at 272.98 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, ARM or LRCX?

Over the past five years, ARM grew revenue faster — ARM at a 19.41% CAGR versus LRCX at 11.25%.

Does ARM or LRCX pay a bigger dividend?

LRCX pays a dividend (0.35% yield), while ARM has no payments in the available dividend history.

Is ARM or LRCX more profitable?

LRCX runs the higher net margin — ARM at 20.25% versus LRCX at 31.27%.

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

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 September 13, 2026. Differences are shown without an overall score or investment verdict.

ARM

Arm Holdings plc American Depositary Shares

$282.80B

$264.79TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT

LRCX

Lam Research Corporation

$372.94B

$298.22TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT

Total return — ARM vs LRCX

growth of $100 · dividends reinvested · last 3y

ARM +335.9% (+63.3%/yr)LRCX +390.0% (+69.8%/yr)LRCX compounded faster over this window

ARM LRCX

ARM vs LRCX: by the numbers

•LRCX is the larger company ($372.94B vs $282.80B market cap).
•LRCX trades at the lower trailing earnings multiple (51.77 vs 272.98 P/E), one valuation lens rather than an overall verdict.
•LRCX converts more revenue to profit (31.27% vs 20.25% net margin).
•ARM grew revenue faster over the past five years (19.41% vs 11.25% CAGR).
•LRCX pays a dividend (0.35% yield), while ARM has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	ARM	LRCX
P/E ratio	272.98	51.77
Forward P/E	118.80	31.43
P/S ratio	54.85	16.05
P/B ratio	32.77	29.91
EV / EBITDA	242.41	42.99
FCF yield	0.52%	1.21%

Profitability

Metric	ARM	LRCX
Gross margin	95.35%	50.47%
Operating margin	17.30%	35.29%
Net margin	20.25%	31.27%
ROE	12.10%	58.26%
ROIC	7.33%	40.77%

Dividends

Metric	ARM	LRCX
Dividend yield	N/A	0.35%
Payout ratio	N/A	18.06%

Growth (annualized)

Metric	ARM	LRCX
Revenue CAGR (5Y)	19.41%	11.25%
EPS CAGR (5Y)	17.47%	16.30%
FCF CAGR (5Y)	-1.73%	12.22%
Total return CAGR (5Y)	N/A	39.31%

Frequently asked

Which has the lower trailing P/E, ARM or LRCX?: LRCX has the lower trailing P/E: ARM trades at 272.98 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, ARM or LRCX?: Over the past five years, ARM grew revenue faster — ARM at a 19.41% CAGR versus LRCX at 11.25%.
Does ARM or LRCX pay a bigger dividend?: LRCX pays a dividend (0.35% yield), while ARM has no payments in the available dividend history.
Is ARM or LRCX more profitable?: LRCX runs the higher net margin — ARM at 20.25% versus LRCX at 31.27%.

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 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 September 13, 2026.