LAM RESEARCH CORP【LRCX】Income statement

Market cap

$279.3B

P/E ratio

	2011/06	2012/06	2013/06	2014/06	2015/06	2016/06	2017/06	2018/06	2019/06	2020/06	2021/06	2022/06	2023/06	2024/06
Revenue	3,238	2,665	3,599	4,607	5,259	5,886	8,014	11,077	9,654	10,045	14,626	17,227	17,429	14,905
Revenue growth (%)	-
Cost of revenue	1,740	1,582	2,196	2,600	2,975	3,267	4,410	5,912	5,295	5,436	7,821	9,355	9,652	7,853
Gross profit	1,497	1,084	1,403	2,007	2,284	2,619	3,603	5,165	4,358	4,609	6,805	7,872	7,777	7,053
Gross margin (%)
Research & development	373	445	684	716	825	914	1,034	1,190	1,191	1,252	1,493	1,604	1,727	1,902
Selling, general & administrative	308	400	599	613	592	631	667	762	702	682	830	886	833	868
Operating margin (%)
Operating income	804	238	118	678	788	1,074	1,902	3,213	2,465	2,674	4,482	5,382	5,175	4,264
Operating expenses	693	846	1,285	1,330	1,496	1,545	1,701	1,952	1,894	1,935	2,323	2,490	2,602	2,789
Income before tax	801	204	67	723	741	960	1,812	3,152	2,447	2,575	4,371	5,193	5,109	4,360
Pretax margin (%)	24.7	7.7	1.9	15.7	14.1	16.3	22.6	28.5	25.3	25.6	29.9	30.1	29.3	29.3
Provision for income taxes	77	36	-47	91	85	46	114	771	255	323	462	588	598	532
Effective tax rate (%)
Net income	724	169	114	632	656	914	1,698	2,381	2,191	2,252	3,908	4,605	4,511	3,828
Net income margin (%)
Earnings per share	5.86	1.36	0.67	3.84	4.11	5.75	10.47	14.73	14.37	15.55	27.22	32.92	33.3	29.13
Diluted EPS	5.79	1.35	0.66	3.62	3.7	5.22	9.24	13.17	13.7	15.1	26.9	32.75	33.21	29
Dividend payout ratio (%)	-	-	-
Dividend per share	-	-	-	0.18	0.84	1.2	1.65	2.55	4.4	4.6	5.2	6	6.9	8