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Asset logo for symbol LRCX
Lam Research
LRCX75
$733.83arrow_drop_down2.92%-$22.08
S&P500
Asset logo for symbol LRCX
LRCX75

$733.83

arrow_drop_down2.92%

Income Statement (LRCX)

itemJun 2024Mar 2024Dec 2023Sep 2023Jun 2023
EBIT$1.13B$1.08B$1.13B$1.07B$858.08M
EBITDA$1.22B$1.17B$1.22B$1.16B$947.69M
gross Profit$1.84B$1.81B$1.75B$1.65B$1.45B
NET Income$1.02B$965.82M$954.26M$887.39M$802.53M
total Revenue$3.87B$3.79B$3.75B$3.48B$3.20B

Balance Sheet (LRCX)

itemJun 2024Mar 2024Dec 2023Sep 2023Jun 2023
cash Equivalents-----
net Debt-$864.52M-$688.78M-$639.50M-$141.82M-$325.51M
stockholders Equity$8.53B$8.02B$8.22B$8.04B$8.21B
total Assets$18.74B$18.27B$18.78B$18.53B$18.78B
total Debt$4.98B$4.98B$4.98B$4.98B$5.01B
total Liabilities$10.20B$10.25B$10.56B$10.49B$10.57B

Cash Flow (LRCX)

itemJun 2024Mar 2024Dec 2023Sep 2023Jun 2023
financing Cash Flow-$574.15M-$1.23B-$859.89M-$1.32B-$1.03B
free Cash Flow$761.68M$1.28B$1.33B$874.17M$1.04B
investing Cash Flow----$74.68M-$55.18M
operating Cash Flow$862.43M$1.38B$1.45B$951.16M$1.12B

Lam Research (LRCX) Financials

Lam Research Corp (LRCX) is a leading provider of wafer fabrication equipment and services to the global semiconductor industry. The company's financials reflect its strong performance and ability to generate substantial revenue and profit. In its latest income statement, Lam Research Corp reported a gross profit of $3.2 billion. This represents the difference between its total revenue of $12.3 billion and its cost of goods sold. The company also reported a net income from stockholders of $2.5 billion, indicating its profitability and ability to generate returns for its investors.
When looking at the company's balance sheet, it is clear that Lam Research Corp has a strong financial position. The company's total assets amount to $23.6 billion, reflecting its significant investments in property, plant, and equipment, as well as its cash equivalents of $4.7 billion. The company's total liabilities stand at $8.9 billion, resulting in a stockholders' equity of $14.7 billion. This indicates that Lam Research Corp has a solid financial foundation.
In terms of cash flow, Lam Research Corp has demonstrated its ability to generate positive operating cash flow. The company's operating cash flow for the year amounted to $3.4 billion, reflecting its ability to generate cash from its core operations. Furthermore, Lam Research Corp has a positive free cash flow of $2.6 billion, indicating its ability to generate excess cash even after accounting for capital expenditures. This demonstrates the company's strong financial position and ability to invest in its future growth.
Looking at the company's financing and investing cash flow, it is evident that Lam Research Corp has made strategic decisions to enhance shareholder value and invest in its future. The company has utilized financing cash flow of $1.2 billion to repurchase its own shares, demonstrating its commitment to returning capital to shareholders. Additionally, Lam Research Corp has invested $1.8 billion in its business through capital expenditures, research and development, and strategic acquisitions. These actions highlight the company's focus on long-term growth and value creation.
In conclusion, Lam Research Corp (LRCX) is a financially strong company with a robust financial position. The company's income statement reflects its ability to generate substantial revenue and profit, while its balance sheet highlights its strong financial foundation. Furthermore, Lam Research Corp's positive cash flow, both from operations and free cash flow, demonstrate its ability to generate excess cash and invest in its future growth. The company's financing and investing cash flow further emphasize its commitment to enhancing shareholder value and driving long-term growth.
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