Is DELL or LRCX cheaper?

On trailing earnings, DELL is cheaper: DELL trades at a 34.31 P/E and LRCX at 62.86.

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 10.31%.

Does DELL or LRCX pay a bigger dividend?

DELL yields 0.58% and LRCX yields 0.31% 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 30.94%.

Which has been the better investment, DELL or LRCX?

Over the past 5-year, DELL delivered the higher annualized total return — DELL at 56.76% versus LRCX at 46.29%. Past performance doesn't predict future results.

Dell Technologies Inc. (DELL) vs Lam Research Corporation (LRCX)

DELL and LRCX are evenly matched — 8 metrics each of 16.

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 July 9, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

DELL

Dell Technologies Inc.

$299.06B

$450.22Technology

LRCX

Lam Research Corporation

$441.66B

$353.17Technology

Total return — DELL vs LRCX

growth of $100 · last 10y

DELL +3479.2%LRCX +3593.5%LRCX compounded faster

DELL LRCX

DELL vs LRCX: by the numbers

•LRCX is the larger company ($441.66B vs $299.06B market cap).
•DELL trades at the lower earnings multiple (34.31 vs 62.86 P/E).
•LRCX converts more revenue to profit (30.94% vs 6.28% net margin).
•LRCX grew revenue faster over the past five years (10.31% vs 7.14% CAGR).
•DELL pays the higher dividend yield (0.58% vs 0.31%).

Which is better, DELL or LRCX?

Metric tally: DELL 8 · LRCX 8

It depends on what you're optimizing for:

ValueDELL(lower P/E)

GrowthLRCX(faster 5Y revenue CAGR)

IncomeDELL(higher dividend yield)

QualityLRCX(higher ROIC)

Metrics side by side

Valuation

Metric	DELL	LRCX
P/E ratio	34.31●	62.86
Forward P/E	43.33●	58.58
P/S ratio	2.11●	19.32
P/B ratio	—	39.57
PEG ratio	0.34●	0.54
EV / EBITDA	23.12●	53.25
FCF yield	3.33%●	1.54%

Profitability

Metric	DELL	LRCX
Gross margin	19.16%	49.98%●
Operating margin	7.98%	34.26%●
Net margin	6.28%	30.94%●
ROE	-240.32%	63.38%●
ROIC	15.00%	34.00%●

Dividends

Metric	DELL	LRCX
Dividend yield	0.58%●	0.31%
Payout ratio	28.13%	24.94%

Growth (annualized)

Metric	DELL	LRCX
Revenue CAGR (5Y)	7.14%	10.31%●
EPS CAGR (5Y)	15.44%	21.72%●
FCF CAGR (5Y)	-5.14%	19.28%●
Total return CAGR (5Y)	56.76%●	42.08%

Frequently asked

Which is better, DELL or LRCX?: It depends on your goal. value: DELL (lower P/E); growth: LRCX (faster 5Y revenue CAGR); income: DELL (higher dividend yield); quality: LRCX (higher ROIC). Across all compared metrics, they are evenly matched.
Is DELL or LRCX cheaper?: On trailing earnings, DELL is cheaper: DELL trades at a 34.31 P/E and LRCX at 62.86.
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 10.31%.
Does DELL or LRCX pay a bigger dividend?: DELL yields 0.58% and LRCX yields 0.31% 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 30.94%.
Which has been the better investment, DELL or LRCX?: Over the past 5-year, DELL delivered the higher annualized total return — DELL at 56.76% versus LRCX at 46.29%. Past performance doesn't predict future results.

Go deeper

Full DELL analysis Full LRCX analysis Interactive comparison tool

Dig into the metrics

Dell Technologies P/E ratio Lam Research P/E ratio Dell Technologies dividend yield Lam Research dividend yield Dell Technologies ROE Lam Research ROE Dell Technologies operating margin Lam Research operating margin Dell Technologies revenue growth Lam Research revenue growth Dell Technologies free cash flow Lam Research free cash flow

Dell Technologies & Lam Research appear in these rankings

Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin Stocks Best 10-Year Total Return 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 July 9, 2026.