Dell Technologies Inc. (DELL) vs Lam Research Corporation (LRCX)
A side-by-side comparison of Dell Technologies Inc. and Lam Research Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.
DELL
Dell Technologies Inc.
$442.08TechnologyAt close: Aug 21, 2026, 4:00 PM ET
LRCX
Lam Research Corporation
$314.00TechnologyAt close: Aug 21, 2026, 4:00 PM ET
Total return — DELL vs LRCX
growth of $100 · dividends reinvested · last 10yDELL +3871.2% (+44.5%/yr)LRCX +3752.0% (+44.1%/yr)DELL compounded faster over this window
DELL LRCX
DELL vs LRCX: by the numbers
- •LRCX is the larger company ($392.68B vs $293.59B market cap).
- •DELL trades at the lower trailing earnings multiple (35.11 vs 54.51 P/E), one valuation lens rather than an overall verdict.
- •LRCX converts more revenue to profit (31.27% vs 6.28% net margin).
- •LRCX grew revenue faster over the past five years (11.25% vs 7.14% CAGR).
- •DELL pays the higher dividend yield (0.52% vs 0.33%).
Metrics side by side
Valuation
| Metric | DELL | LRCX |
|---|---|---|
| P/E ratio | 35.11 | 54.51 |
| Forward P/E | 44.34 | 55.13 |
| P/S ratio | 2.16 | 17.04 |
| P/B ratio | N/A | 31.75 |
| EV / EBITDA | 22.45 | 45.66 |
| FCF yield | 3.26% | 1.24% |
Profitability
| Metric | DELL | LRCX |
|---|---|---|
| Gross margin | 19.07% | 50.47% |
| Operating margin | 8.02% | 35.29% |
| Net margin | 6.28% | 31.27% |
| ROE | -240.32% | 58.26% |
| ROIC | 18.63% | 40.77% |
Dividends
| Metric | DELL | LRCX |
|---|---|---|
| Dividend yield | 0.52% | 0.33% |
| Payout ratio | 25.78% | 17.96% |
Growth (annualized)
| Metric | DELL | LRCX |
|---|---|---|
| Revenue CAGR (5Y) | 7.14% | 11.25% |
| EPS CAGR (5Y) | 15.44% | 16.30% |
| FCF CAGR (5Y) | 3.29% | 12.22% |
| Total return CAGR (5Y) | 57.66% | 42.31% |
Frequently asked
- Which has the lower trailing P/E, DELL or LRCX?
- DELL has the lower trailing P/E: DELL trades at 35.11 and LRCX at 54.51. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, DELL or LRCX?
- Over the past five years, LRCX grew revenue faster — DELL at a 7.14% CAGR versus LRCX at 11.25%.
- Does DELL or LRCX pay a bigger dividend?
- DELL yields 0.52% and LRCX yields 0.33% based on trailing dividends and the latest price.
- Is DELL or LRCX more profitable?
- LRCX runs the higher net margin — DELL at 6.28% versus LRCX at 31.27%.
- How have DELL and LRCX total returns compared?
- Over the past 10 years, DELL delivered 44.53% and LRCX delivered 44.05% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Dell Technologies P/E ratioLam Research P/E ratioDell Technologies dividend yieldLam Research dividend yieldDell Technologies ROELam Research ROEDell Technologies operating marginLam Research operating marginDell Technologies revenue growthLam Research revenue growthDell Technologies free cash flowLam Research free cash flow
Dell Technologies & 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 August 23, 2026.