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

KLAC has the lower trailing P/E: KLAC trades at 56.45 and LRCX at 60.33. 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 11.25%.

Does KLAC or LRCX pay a bigger dividend?

KLAC yields 0.41% and LRCX yields 0.30% 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 31.27%.

How have KLAC and LRCX total returns compared?

Over the past 10 years, KLAC delivered 42.56% and LRCX delivered 45.25% annualized total return. Past performance doesn't predict future results.

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 October 3, 2026. Differences are shown without an overall score or investment verdict.

KLAC

KLA Corporation

$270.26B

$206.89TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT

LRCX

Lam Research Corporation

$434.56B

$347.49TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — KLAC vs LRCX

growth of $100 · dividends reinvested · last 10y

KLAC +3193.6% (+41.8%/yr)LRCX +3779.1% (+44.2%/yr)LRCX compounded faster over this window

KLAC LRCX

KLAC vs LRCX: by the numbers

•LRCX is the larger company ($434.56B vs $270.26B market cap).
•KLAC trades at the lower trailing earnings multiple (56.45 vs 60.33 P/E), one valuation lens rather than an overall verdict.
•KLAC converts more revenue to profit (35.57% vs 31.27% net margin).
•KLAC grew revenue faster over the past five years (14.44% vs 11.25% CAGR).
•KLAC pays the higher dividend yield (0.41% vs 0.30%).

Metrics side by side

Valuation

Metric	KLAC	LRCX
P/E ratio	56.45	60.33
Forward P/E	37.60	36.68
PEG ratio	2.53	3.67
P/S ratio	19.90	18.70
P/B ratio	42.56	34.85
EV / EBITDA	45.38	50.12
FCF yield	1.39%	N/A

Profitability

Metric	KLAC	LRCX
Gross margin	61.30%	50.47%
Operating margin	41.69%	35.29%
Net margin	35.57%	31.27%
ROE	76.08%	58.26%
ROIC	35.75%	40.77%

Dividends

Metric	KLAC	LRCX
Dividend yield	0.41%	0.30%
Payout ratio	22.92%	18.06%

Growth (annualized)

Metric	KLAC	LRCX
Revenue CAGR (5Y)	14.44%	11.25%
EPS CAGR (5Y)	22.23%	16.30%
FCF CAGR (5Y)	14.04%	N/A
Total return CAGR (5Y)	45.30%	45.00%

Frequently asked

Which has the lower trailing P/E, KLAC or LRCX?: KLAC has the lower trailing P/E: KLAC trades at 56.45 and LRCX at 60.33. 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 11.25%.
Does KLAC or LRCX pay a bigger dividend?: KLAC yields 0.41% and LRCX yields 0.30% 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 31.27%.
How have KLAC and LRCX total returns compared?: Over the past 10 years, KLAC delivered 42.56% and LRCX delivered 45.25% annualized total return. 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 ROE Stocks Highest ROIC Stocks Highest Operating Margin Stocks Highest 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 October 3, 2026.