Applied Materials, Inc. (AMAT)
Similar size · 1.00x market cap
Semiconductor manufacturing equipment
YouTube · Q2 FY2026 · 2026-05-14
LRCX · NasdaqGS
Semiconductor Equipment & Materials · United States
Snapshot 2026-10-06 · Latest financial period 2026-06-28 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-10-21 (provider estimate, not issuer-confirmed).
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company offers ALTUS systems to deposit conformal or selective films for tungsten or molybdenum metallization applications; SABRE electrochemical deposition products for copper interconnect transition, which support copper damascene manufacturing; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced chemical vapor deposition (CVD) products. It also provides Akara, a conductor etch system designed to enhance etch precision, selectivity, and defect control; Argos, Prevos, and Selis, which are selective etch systems used in the fabrication of advanced logic and memory devices that require precise control at nanoscale dimensions; Flex for dielectric etch applications; Vantex, a dielectric etch system that provides RF technology and repeatable wafer-to-wafer performance enabled by Equipment Intelligence solutions; Kiyo for conductor etch applications; Syndion for deep silicon etch; and Versys metal products for metal etch processes. In addition, the company offers Coronus bevel clean products to enhance die yield and Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications. Further, it provides Reliant deposition, etch, and clean products; Sense.i platform products; and customer service, spares, and upgrades. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.
Company websiteQ4 FY2026
Comparable businesses
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | LRCXLam Research CorporationSnapshot 2026-10-06Financial period: 2026-06-28 | AMATApplied Materials, Inc.Snapshot 2026-10-06Financial period: 2026-07-26 | KLACKLA CorporationSnapshot 2026-10-06Financial period: 2026-06-30 | Peer medianSimilar-size peers only |
|---|---|---|---|---|
| Market capMarket value, converted to USD | US$424.36B | US$423.73B | US$264.43B | US$344.08Bn=2 |
| Forward P/EProvider forward earnings estimate | 28.82x | 28.91x | 30.22x | 29.57xn=2 |
| EV / EBITDAEnterprise value / trailing EBITDA | 49.91x | 42.19x | 44.84x | 43.52xn=2 |
| Revenue growthLatest quarter vs prior-year quarter | 30.0% | 24.8% | 15.2% | 20.0%n=2 |
| Operating marginLatest reported quarter | 37.4% | 33.7% | 42.5% | 38.1%n=2 |
| Free cash flow yieldTrailing cash flow / market cap | 0.7% | 0.7% | 1.0% | 0.9%n=2 |
| Net debt / EBITDANet debt / trailing EBITDA | -0.17x | -0.19x | 0.21x | 0.01xn=2 |
| Debt / equityTotal debt / positive book equity | 0.33x | 0.29x | 0.97x | 0.63xn=2 |
| Trailing P/ETrailing twelve-month earnings | 59.18x | 46.07x | 55.36x | 50.72xn=2 |
| Price / bookPrice / positive book equity per share | 34.02x | 16.54x | 41.71x | 29.12xn=2 |
| EV / salesEnterprise value / trailing revenue | 18.56x | 13.89x | 19.99x | 16.94xn=2 |
| Earnings growthLatest quarter vs prior-year quarter | 34.8% | 42.8% | 13.8% | 28.3%n=2 |
| Gross marginTrailing twelve months | 50.5% | 49.4% | 61.3% | 55.3%n=2 |
| Net marginTrailing twelve months | 31.3% | 30.1% | 35.6% | 32.8%n=2 |
| Return on equityProvider trailing return; positive equity only | 65.1% | 41.1% | 87.5% | 64.3%n=2 |
| Free cash flow marginTrailing free cash flow / revenue | 13.3% | 10.0% | 19.3% | 14.7%n=2 |
| Dividend yieldIndicated annual dividend / price | 0.4% | 0.4% | 0.5% | 0.4%n=2 |
| Earnings payoutProvider trailing dividend payout | 18.1% | 16.5% | 21.9% | 19.2%n=2 |
| Current ratioCurrent assets / current liabilities | 2.63x | 2.42x | 2.88x | 2.65xn=2 |
| BetaProvider historical market sensitivity | 1.85 | 1.59 | 1.45 | 1.52n=2 |
Similar size · 1.00x market cap
Semiconductor manufacturing equipment
YouTube · Q2 FY2026 · 2026-05-14
YouTube · Q4 FY2026 · 2026-07-29
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THE RESEARCH RECORD
Presentation · 2026-07-29 · YouTube
Presentation · 2026-04-23 · YouTube
Presentation · 2026-04-09 · YouTube
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