KLA Corporation (KLAC) vs Lam Research Corporation (LRCX)
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 July 29, 2026. Differences are shown without an overall score or investment verdict.
KLAC
KLA Corporation
$170.19TechnologyDelayed quote: Jul 29, 2026, 4:00 PM EDT
LRCX
Lam Research Corporation
$252.35TechnologyDelayed quote: Jul 29, 2026, 4:00 PM EDT
Total return — KLAC vs LRCX
growth of $100 · dividends reinvested · last 30yKLAC +32130.8%LRCX +42212.9%LRCX compounded faster
KLAC LRCX
KLAC vs LRCX: by the numbers
- •LRCX is the larger company ($315.58B vs $222.32B market cap).
- •LRCX trades at the lower trailing earnings multiple (50.87 vs 52.06 P/E), one valuation lens rather than an overall verdict.
- •KLAC converts more revenue to profit (35.57% vs 30.94% net margin).
- •KLAC grew revenue faster over the past five years (14.44% vs 10.31% CAGR).
- •KLAC pays the higher dividend yield (0.42% vs 0.39%).
Metrics side by side
Valuation
| Metric | KLAC | LRCX |
|---|---|---|
| P/E ratio | 52.06 | 50.87 |
| Forward P/E | 51.43 | 47.34 |
| P/S ratio | 18.48 | 15.63 |
| P/B ratio | 39.51 | 32.03 |
| PEG ratio | 3.99 | 0.54 |
| EV / EBITDA | 42.84 | 43.07 |
| FCF yield | 1.50% | 1.90% |
Profitability
| Metric | KLAC | LRCX |
|---|---|---|
| Gross margin | 61.30% | 49.98% |
| Operating margin | 41.69% | 34.26% |
| Net margin | 35.57% | 30.94% |
| ROE | 76.08% | 63.38% |
| ROIC | 35.75% | 34.00% |
Dividends
| Metric | KLAC | LRCX |
|---|---|---|
| Dividend yield | 0.42% | 0.39% |
| Payout ratio | 21.74% | 24.94% |
Growth (annualized)
| Metric | KLAC | LRCX |
|---|---|---|
| Revenue CAGR (5Y) | 14.44% | 10.31% |
| EPS CAGR (5Y) | 22.23% | 21.72% |
| FCF CAGR (5Y) | 14.04% | 19.28% |
| Total return CAGR (5Y) | 44.77% | 34.92% |
Frequently asked
- Which has the lower trailing P/E, KLAC or LRCX?
- LRCX has the lower trailing P/E: KLAC trades at 52.06 and LRCX at 50.87. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, KLAC or LRCX?
- Over the past five years, KLAC grew revenue faster — KLAC at a 14.44% CAGR versus LRCX at 10.31%.
- Does KLAC or LRCX pay a bigger dividend?
- KLAC yields 0.42% and LRCX yields 0.39% based on trailing dividends and the latest price.
- Is KLAC or LRCX more profitable?
- KLAC runs the higher net margin — KLAC at 35.57% versus LRCX at 30.94%.
- How have KLAC and LRCX total returns compared?
- Over the past 10 years, KLAC delivered 40.04% and LRCX delivered 41.91% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
KLA P/E ratioLam Research P/E ratioKLA dividend yieldLam Research dividend yieldKLA ROELam Research ROEKLA operating marginLam Research operating marginKLA revenue growthLam Research revenue growthKLA free cash flowLam Research free cash flow
KLA & 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 July 29, 2026.