Lam Research Corporation (LRCX) vs Terreno Realty Corporation (TRNO)

TRNO leads on 14 of 17 compared metrics.

A side-by-side comparison of Lam Research Corporation and Terreno Realty Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — LRCX vs TRNO

growth of $100 · last 16y
LRCX +10784.6%TRNO +260.7%LRCX compounded faster
Log scale — wide-divergence pair
101001k10k100kStart $10020132016201920222025$10,885$361
LRCX TRNO

LRCX vs TRNO: by the numbers

  • LRCX is the larger company ($458.72B vs $7.15B market cap).
  • TRNO trades at the lower earnings multiple (16.49 vs 69.21 P/E).
  • TRNO converts more revenue to profit (86.52% vs 30.94% net margin).
  • TRNO grew revenue faster over the past five years (20.57% vs 10.31% CAGR).
  • TRNO pays the higher dividend yield (3.05% vs 0.28%).

Which is better, LRCX or TRNO?

Metric tally: LRCX 3 · TRNO 14

It depends on what you're optimizing for:

ValueTRNO(lower P/E)
GrowthTRNO(faster 5Y revenue CAGR)
IncomeTRNO(higher dividend yield)
QualityLRCX(higher ROIC)

Valuation

MetricLRCXTRNO
P/E ratio69.2116.49
Forward P/E46.0540.04
P/S ratio21.2714.43
P/B ratio43.571.65
PEG ratio0.540.14
EV / EBITDA57.6013.82
FCF yield1.40%2.87%

Profitability

MetricLRCXTRNO
Gross margin49.98%63.89%
Operating margin34.26%40.81%
Net margin30.94%86.52%
ROE63.38%9.88%
ROIC34.00%3.66%

Dividends

MetricLRCXTRNO
Dividend yield0.28%3.05%
Payout ratio24.22%52.16%

Growth (annualized)

MetricLRCXTRNO
Revenue CAGR (5Y)10.31%20.57%
EPS CAGR (5Y)21.72%35.52%
FCF CAGR (5Y)19.28%22.41%
Total return CAGR (5Y)43.19%3.07%

Frequently asked

Which is better, LRCX or TRNO?
It depends on your goal. value: TRNO (lower P/E); growth: TRNO (faster 5Y revenue CAGR); income: TRNO (higher dividend yield); quality: LRCX (higher ROIC). Across all compared metrics, TRNO leads 14 to 3.
Is LRCX or TRNO cheaper?
On trailing earnings, TRNO is cheaper: LRCX trades at a 69.21 P/E and TRNO at 16.49.
Which has grown faster, LRCX or TRNO?
Over the past five years, TRNO grew revenue faster — LRCX at a 10.31% CAGR versus TRNO at 20.57%.
Does LRCX or TRNO pay a bigger dividend?
LRCX yields 0.28% and TRNO yields 3.05% based on trailing dividends and the latest price.
Is LRCX or TRNO more profitable?
TRNO runs the higher net margin — LRCX at 30.94% versus TRNO at 86.52%.
Which has been the better investment, LRCX or TRNO?
Over the past 10-year, LRCX delivered the higher annualized total return — LRCX at 48.10% versus TRNO at 13.47%. Past performance doesn't predict future results.

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 13, 2026.