Lam Research Corporation (LRCX): ev to ebit, 10 filed years

EV/EBIT at Lam Research Corporation was 58.12x in FY2026, the newest filed year. Across the 7 computed years from FY2020 it ranged from 12.08x (FY2022) to 58.12x (FY2026), with a median of 20.61x.

Tonight's figure on the company page: 42.49x, at the close of 2026-10-15, recomputed 2026-10-15. The table is each filed year on its own terms, with the formula below; the current figure may use trailing twelve months or, where the explainer says so, a different denominator.

Year by year

Lam Research Corporation: EV/EBIT for each filed fiscal year, with the filing behind each.
Fiscal year	EV/EBIT	Close used	Read from
FY2017 The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read.	n/a	15.18 on 2017-06-23	10-K, filed 2017-08-15
FY2018 The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read.	n/a	17.47 on 2018-06-22	10-K, filed 2018-08-14
FY2019 The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read.	n/a	18.78 on 2019-06-28	10-K, filed 2019-08-20
FY2020	17.27x	30.25 on 2020-06-26	10-K, filed 2020-08-18
FY2021	20.61x	63.04 on 2021-06-25	10-K, filed 2021-08-17
FY2022	12.08x	45.02 on 2022-06-24	10-K, filed 2022-08-24
FY2023	15.96x	60.88 on 2023-06-23	10-K, filed 2023-08-15
FY2024	32.83x	106.49 on 2024-06-28	10-K, filed 2024-08-29
FY2025	20.97x	97.20 on 2025-06-27	10-K, filed 2025-08-11
FY2026	58.12x	379.09 on 2026-06-26	10-K, filed 2026-08-07

How each year is computed

(Close at fiscal year end x diluted shares + total debt - cash) / operating income

P/E, free cash flow yield and EV to EBIT set each filed year against the close on or within a week before that fiscal year's end. The price archive here is about five years deep, so older years of those three read n/a. Per-share figures and share counts are put on today's share count after a confirmed split, the basis the price archive is kept on.

Read further

A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.

Margin Notes

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