Lam Research Corporation (LRCX) Return on Invested Capital (ROIC): 34.00%
Is Lam Research Corporation’s return on invested capital (ROIC) high or low?
Lam Research Corporation's return on invested capital (ROIC) of 34.00% is in line with its 4-year average of 32.11%, near the high end of its 4-year range (25.10%–37.76%).
As of Thursday, June 18, 2026. 15.06% above its 12-month average of 29.55%.
LRCX Return on Invested Capital (ROIC) Chart
LRCX Average Return on Invested Capital (ROIC) Chart
LRCX Current vs Average Return on Invested Capital (ROIC) Chart
LRCX Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
34.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
29.55%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
30.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
32.11%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
23.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
19.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
21.02%
CURRENT VS TTM AVG
+15.06%
CURRENT VS 3Y AVG
+12.86%
CURRENT VS 5Y AVG
+5.90%
CURRENT VS 10Y AVG
+43.15%
CURRENT VS 15Y AVG
+73.43%
CURRENT VS 20Y AVG
+61.71%
LRCX Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lam Research Corporation (LRCX) | $467.94B | 34.00% | 29.55% | 30.13% | 32.11% |
| Applied Materials, Inc. (AMAT)vs › | $470.75B | 21.96% | 23.89% | 27.74% | 28.32% |
| Cisco Systems, Inc. (CSCO)vs › | $462.45B | 11.66% | 11.23% | 13.98% | 13.96% |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $445.69B | 7.29% | 8.79% | 7.17% | 6.67% |
| Oracle Corporation (ORCL)vs › | $527.70B | 7.99% | 9.43% | 10.18% | 10.70% |
| Intel Corporation (INTC)vs › | $608.65B | 0.00% | -3.55% | -1.38% | 1.34% |
| Sandisk Corporation (SNDK)vs › | $321.71B | -11.89% | -7.87% | -6.16% | -4.92% |
| KLA Corporation (KLAC)vs › | $311.85B | 38.11% | 32.67% | 33.86% | 30.57% |
| Palantir Technologies Inc. (PLTR)vs › | $299.94B | 17.95% | 11.73% | 5.20% | -8.29% |
| Texas Instruments Incorporated (TXN)vs › | $274.74B | 16.46% | 15.57% | 22.12% | 25.67% |
Capital Efficiency
ROIC
34.0%
ROE
63.4%
Lam Research Corporation Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Lam Research Corporation Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Lam Research Corporation (LRCX)?
- The return on invested capital (ROIC) for LRCX stock is 34.00%.
- Is Lam Research Corporation's return on invested capital (ROIC) high or low?
- Lam Research Corporation's return on invested capital (ROIC) of 34.00% is in line with its 4-year average of 32.11%, near the high end of its 4-year range (25.10%–37.76%).
- What is the TTM average return on invested capital (ROIC) for Lam Research Corporation (LRCX)?
- The TTM average return on invested capital (ROIC) for LRCX stock is 29.55%.
- What is the 3Y average return on invested capital (ROIC) for Lam Research Corporation (LRCX)?
- The 3Y average return on invested capital (ROIC) for LRCX stock is 30.13%.
- What is the 5Y average return on invested capital (ROIC) for Lam Research Corporation (LRCX)?
- The 5Y average return on invested capital (ROIC) for LRCX stock is 32.11%.
- What is the 10Y average return on invested capital (ROIC) for Lam Research Corporation (LRCX)?
- The 10Y average return on invested capital (ROIC) for LRCX stock is 23.75%.
- What is the 15Y average return on invested capital (ROIC) for Lam Research Corporation (LRCX)?
- The 15Y average return on invested capital (ROIC) for LRCX stock is 19.60%.
- What is the 20Y average return on invested capital (ROIC) for Lam Research Corporation (LRCX)?
- The 20Y average return on invested capital (ROIC) for LRCX stock is 21.02%.
Lam Research Corporation Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-06-29 | 34.00% |
| 2024-06-30 | 25.10% |
| 2023-06-25 | 31.28% |
| 2022-06-26 | 37.76% |
| 2021-06-27 | 32.39% |
| 2020-06-28 | 19.11% |
| 2019-06-30 | 21.44% |
| 2018-06-30 | 24.42% |
| 2017-06-30 | 17.68% |
| 2016-06-30 | 9.47% |
| 2015-06-30 | 8.62% |
| 2014-06-30 | 8.55% |
| 2013-06-30 | 1.86% |
| 2012-06-30 | 2.77% |
| 2011-06-30 | 21.49% |
| 2010-06-30 | 17.73% |
| 2009-06-30 | -17.86% |
| 2008-06-30 | 17.64% |
| 2007-06-30 | 44.09% |
| 2006-06-30 | 17.69% |
| 2005-06-30 | 27.41% |
| 2004-06-30 | 9.66% |
| 2003-06-30 | -0.27% |
| 2002-06-30 | -6.25% |
| 2001-06-30 | 9.45% |
| 2000-06-30 | 20.60% |
| 1999-06-30 | -14.97% |
| 1998-06-30 | -16.70% |
| 1997-06-30 | -4.75% |
| 1996-06-30 | 18.87% |
Related Metrics
About Lam Research Corporation
Lam Research Corporation is a prominent supplier of equipment vital for semiconductor processing, encompassing its design, production, sales, repair, and ongoing maintenance. These sophisticated systems are fundamental for the creation of integrated circuits. The company's extensive product catalog features a variety of deposition technologies. For tungsten metallization, they provide ALTUS systems that deposit conformal films. SABRE products excel in electrochemical deposition, crucial for copper interconnect transitions and enabling copper damascene manufacturing. SOLA utilizes ultraviolet thermal processing for film treatments, while VECTOR delivers plasma-enhanced chemical vapor deposition (CVD) and atomic layer deposition (ALD) solutions. Furthermore, SPEED addresses gapfill applications with its high-density plasma CVD products, and Striker is engineered for single-wafer atomic layer deposition of dielectric films. Beyond deposition, Lam Research offers a comprehensive suite of etching tools. Flex is designed for dielectric etch applications, Kiyo handles conductor etch processes, Syndion specializes in through-silicon via etching, and Versys metal products are used for metal etch processes. The company's offerings also extend to specialized solutions like Coronus, which enhances die yield through bevel cleaning. For various wafer cleaning requirements, Lam Research supplies multiple product lines, including Da Vinci, DV-Prime, EOS, and SP series. Additionally, Metryx mass metrology systems provide precise, in-line mass measurement capabilities for semiconductor wafer manufacturing. Lam Research serves the global semiconductor industry, distributing its technologies and services across the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and other international markets. Established in 1980, the company maintains its corporate headquarters in Fremont, California.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Timothy Archer