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

SAP has the lower trailing P/E: LRCX trades at 53.33 and SAP at 27.28. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, LRCX or SAP?

Over the past five years, LRCX grew revenue faster — LRCX at a 11.25% CAGR versus SAP at 6.60%.

Does LRCX or SAP pay a bigger dividend?

LRCX yields 0.34% and SAP yields 1.36% based on trailing dividends and the latest price.

Is LRCX or SAP more profitable?

LRCX runs the higher net margin — LRCX at 31.27% versus SAP at 20.40%.

How have LRCX and SAP total returns compared?

Over the past 10 years, LRCX delivered 43.76% and SAP delivered 11.05% annualized total return. Past performance doesn't predict future results.

Lam Research Corporation (LRCX) vs SAP SE (SAP)

A side-by-side comparison of Lam Research Corporation and SAP SE across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 20, 2026. Differences are shown without an overall score or investment verdict.

LRCX

Lam Research Corporation

$384.14B

$307.17TechnologyAt close: Aug 19, 2026, 4:00 PM ET

SAP

SAP SE

$251.22B

$215.60TechnologyAt close: Aug 19, 2026, 4:00 PM ET

Total return — LRCX vs SAP

growth of $100 · dividends reinvested · last 10y

LRCX +3644.1% (+43.7%/yr)SAP +188.3% (+11.2%/yr)LRCX compounded faster over this window

Log scale — wide-divergence pair

LRCX SAP

LRCX vs SAP: by the numbers

•LRCX is the larger company ($384.14B vs $251.22B market cap).
•SAP trades at the lower trailing earnings multiple (27.28 vs 53.33 P/E), one valuation lens rather than an overall verdict.
•LRCX converts more revenue to profit (31.27% vs 20.40% net margin).
•LRCX grew revenue faster over the past five years (11.25% vs 6.60% CAGR).
•SAP pays the higher dividend yield (1.36% vs 0.34%).

Metrics side by side

Valuation

Metric	LRCX	SAP
P/E ratio	53.33	27.28
Forward P/E	53.93	30.44
P/S ratio	16.67	5.63
P/B ratio	31.06	4.89
EV / EBITDA	44.66	18.64
FCF yield	1.26%	4.03%

Profitability

Metric	LRCX	SAP
Gross margin	50.47%	72.75%
Operating margin	35.29%	26.78%
Net margin	31.27%	20.40%
ROE	58.26%	17.70%
ROIC	40.77%	13.02%

Dividends

Metric	LRCX	SAP
Dividend yield	0.34%	1.36%
Payout ratio	17.96%	41.45%

Growth (annualized)

Metric	LRCX	SAP
Revenue CAGR (5Y)	11.25%	6.60%
EPS CAGR (5Y)	16.30%	5.95%
FCF CAGR (5Y)	12.22%	5.34%
Total return CAGR (5Y)	41.16%	9.75%

Frequently asked

Which has the lower trailing P/E, LRCX or SAP?: SAP has the lower trailing P/E: LRCX trades at 53.33 and SAP at 27.28. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, LRCX or SAP?: Over the past five years, LRCX grew revenue faster — LRCX at a 11.25% CAGR versus SAP at 6.60%.
Does LRCX or SAP pay a bigger dividend?: LRCX yields 0.34% and SAP yields 1.36% based on trailing dividends and the latest price.
Is LRCX or SAP more profitable?: LRCX runs the higher net margin — LRCX at 31.27% versus SAP at 20.40%.
How have LRCX and SAP total returns compared?: Over the past 10 years, LRCX delivered 43.76% and SAP delivered 11.05% annualized total return. Past performance doesn't predict future results.

Go deeper

Full LRCX analysis Full SAP analysis Interactive comparison tool

Dig into the metrics

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

Lam Research & SAP SE appear in these rankings

Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin Stocks Highest FCF Yield 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 August 20, 2026.