Is KLAC or LRCX cheaper?

On trailing earnings, LRCX is cheaper: KLAC trades at a 72.05 P/E and LRCX at 69.21.

Which has grown faster, KLAC or LRCX?

Over the past five years, KLAC grew revenue faster — KLAC at a 15.21% CAGR versus LRCX at 10.31%.

Does KLAC or LRCX pay a bigger dividend?

KLAC yields 3.14% and LRCX yields 0.28% based on trailing dividends and the latest price.

Is KLAC or LRCX more profitable?

KLAC runs the higher net margin — KLAC at 35.66% versus LRCX at 30.94%.

Which has been the better investment, KLAC or LRCX?

Over the past 10-year, KLAC delivered the higher annualized total return — KLAC at 67.44% versus LRCX at 48.10%. Past performance doesn't predict future results.

KLA Corporation (KLAC) vs Lam Research Corporation (LRCX)

KLAC leads on 10 of 15 compared metrics, though LRCX is the cheaper stock.

A side-by-side comparison of KLA Corporation and Lam Research Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Lam Research Corporation

$458.72B

$366.81Technology

Total return — KLAC vs LRCX

growth of $100 · last 30y

KLAC +20101.6%LRCX +35861.8%LRCX compounded faster

KLAC LRCX

KLAC vs LRCX: by the numbers

•LRCX is the larger company ($458.72B vs $332.50B market cap).
•LRCX trades at the lower earnings multiple (69.21 vs 72.05 P/E).
•KLAC converts more revenue to profit (35.66% vs 30.94% net margin).
•KLAC grew revenue faster over the past five years (15.21% vs 10.31% CAGR).
•KLAC pays the higher dividend yield (3.14% vs 0.28%).

Which is better, KLAC or LRCX?

Metric tally: KLAC 10 · LRCX 5

It depends on what you're optimizing for:

ValueLRCX(lower P/E)

GrowthKLAC(faster 5Y revenue CAGR)

IncomeKLAC(higher dividend yield)

QualityKLAC(higher ROIC)

Valuation

Metric	KLAC	LRCX
P/E ratio	72.05	69.21●
Forward P/E	—	45.79
P/S ratio	25.61	21.27●
P/B ratio	57.52	43.57●
PEG ratio	0.06●	0.54
EV / EBITDA	57.56	57.60
FCF yield	1.20%	1.40%●

Profitability

Metric	KLAC	LRCX
Gross margin	61.75%●	49.98%
Operating margin	42.08%●	34.26%
Net margin	35.66%●	30.94%
ROE	80.11%●	63.38%
ROIC	38.11%●	34.00%

Dividends

Metric	KLAC	LRCX
Dividend yield	3.14%●	0.28%
Payout ratio	262.04%	24.22%

Growth (annualized)

Metric	KLAC	LRCX
Revenue CAGR (5Y)	15.21%●	10.31%
EPS CAGR (5Y)	31.52%●	21.72%
FCF CAGR (5Y)	15.49%	19.28%●
Total return CAGR (5Y)	67.17%●	43.19%

Frequently asked

Which is better, KLAC or LRCX?: It depends on your goal. value: LRCX (lower P/E); growth: KLAC (faster 5Y revenue CAGR); income: KLAC (higher dividend yield); quality: KLAC (higher ROIC). Across all compared metrics, KLAC leads 10 to 5.
Is KLAC or LRCX cheaper?: On trailing earnings, LRCX is cheaper: KLAC trades at a 72.05 P/E and LRCX at 69.21.
Which has grown faster, KLAC or LRCX?: Over the past five years, KLAC grew revenue faster — KLAC at a 15.21% CAGR versus LRCX at 10.31%.
Does KLAC or LRCX pay a bigger dividend?: KLAC yields 3.14% and LRCX yields 0.28% based on trailing dividends and the latest price.
Is KLAC or LRCX more profitable?: KLAC runs the higher net margin — KLAC at 35.66% versus LRCX at 30.94%.
Which has been the better investment, KLAC or LRCX?: Over the past 10-year, KLAC delivered the higher annualized total return — KLAC at 67.44% versus LRCX at 48.10%. Past performance doesn't predict future results.

Go deeper

Full KLAC analysis Full LRCX analysis Interactive comparison tool

Dig into the metrics

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

KLA & Lam Research appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC 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 14, 2026.