Stock Analysis on Net

Lam Research Corp. (NASDAQ:LRCX)

Balance Sheet: Liabilities and Stockholders’ Equity 
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Lam Research Corp., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

Microsoft Excel
Sep 29, 2024 Jun 30, 2024 Mar 31, 2024 Dec 24, 2023 Sep 24, 2023 Jun 25, 2023 Mar 26, 2023 Dec 25, 2022 Sep 25, 2022 Jun 26, 2022 Mar 27, 2022 Dec 26, 2021 Sep 26, 2021 Jun 27, 2021 Mar 28, 2021 Dec 27, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 29, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 23, 2018 Sep 23, 2018
Trade accounts payable 704,247 613,966 531,648 499,704 528,163 470,702 601,930 919,408 1,146,286 1,011,208 1,007,026 952,666 837,708 829,710 760,942 722,490 662,674 592,387 498,860 452,779 415,808 376,561 416,187 343,942 384,403
Accrued expenses and other current liabilities 2,196,424 1,801,877 1,791,642 1,975,945 2,120,055 2,010,637 1,990,147 2,068,370 1,948,776 1,974,272 1,634,917 1,770,406 1,633,729 1,719,483 1,292,174 1,479,242 1,333,568 1,272,655 1,024,793 1,114,013 990,035 946,641 1,046,938 1,203,577 1,347,872
Deferred profit 1,937,315 1,417,781 1,601,733 1,792,955 1,595,098 1,695,221 1,840,795 1,551,918 1,951,210 1,571,898 1,545,109 1,133,878 931,415 967,325 733,783 556,474 576,488 457,523 539,601 366,417 406,681 381,317 378,396 432,216 542,321
Current portion of long-term debt and finance lease obligations 504,682 504,814 505,066 3,779 3,861 8,358 8,457 7,226 7,110 7,381 7,689 6,201 6,368 11,349 825,434 832,847 834,138 839,877 42,407 632,292 645,158 667,131 964,107 187,102 550,369
Current liabilities 5,342,668 4,338,438 4,430,089 4,272,383 4,247,177 4,184,918 4,441,329 4,546,922 5,053,382 4,564,759 4,194,741 3,863,151 3,409,220 3,527,867 3,612,333 3,591,053 3,406,868 3,162,442 2,105,661 2,565,501 2,457,682 2,371,650 2,805,628 2,166,837 2,824,965
Long-term debt and finance lease obligations, less current portion 4,479,087 4,478,520 4,478,385 4,980,005 4,980,460 5,003,183 4,996,920 4,996,057 4,996,363 4,998,449 5,000,657 4,988,121 4,988,964 4,990,333 4,991,613 4,992,496 4,993,495 4,970,848 5,043,931 3,786,067 3,788,089 3,822,768 3,801,514 1,813,190 1,805,091
Income taxes payable 664,717 813,304 832,397 797,556 780,511 882,084 885,348 862,405 840,214 931,117 916,668 891,545 881,325 948,037 924,629 902,047 879,870 909,709 889,287 872,778 856,895 892,790 863,155 859,232 845,740
Other long-term liabilities 574,126 575,012 516,678 511,430 482,979 501,286 512,376 496,362 418,756 422,941 450,475 466,830 466,000 398,727 381,505 376,230 351,283 332,559 350,603 272,043 261,890 190,821 83,986 87,827 100,144
Long-term liabilities 5,717,930 5,866,836 5,827,460 6,288,991 6,243,950 6,386,553 6,394,644 6,354,824 6,255,333 6,352,507 6,367,800 6,346,496 6,336,289 6,337,097 6,297,747 6,270,773 6,224,648 6,213,116 6,283,821 4,930,888 4,906,874 4,906,379 4,748,655 2,760,249 2,750,975
Total liabilities 11,060,598 10,205,274 10,257,549 10,561,374 10,491,127 10,571,471 10,835,973 10,901,746 11,308,715 10,917,266 10,562,541 10,209,647 9,745,509 9,864,964 9,910,080 9,861,826 9,631,516 9,375,558 8,389,482 7,496,389 7,364,556 7,278,029 7,554,283 4,927,086 5,575,940
Temporary equity, convertible notes 3,217 5,515 6,307 10,995 11,546 38,304 42,553 49,439 49,783 57,009 58,812
Preferred stock, at par value of $0.001 per share; none outstanding
Common stock, at par value of $0.001 per share 1,292 130 131 131 132 133 135 135 136 137 139 140 141 143 143 143 145 145 145 142 145 144 150 154 153
Additional paid-in capital 8,303,014 8,225,303 8,082,339 7,997,251 7,879,031 7,809,002 7,680,059 7,606,149 7,492,822 7,414,916 7,289,393 7,220,359 7,111,803 7,052,962 6,922,023 6,854,681 6,761,545 6,695,858 6,577,822 6,528,821 6,456,492 6,409,405 6,315,495 6,256,942 6,195,024
Treasury stock, at cost (25,374,657) (24,366,866) (23,984,518) (23,004,358) (22,365,872) (21,530,353) (20,627,829) (20,071,931) (19,591,249) (19,481,429) (18,616,780) (17,294,255) (16,863,573) (15,646,701) (15,212,934) (14,135,555) (13,416,986) (12,949,889) (12,918,730) (12,673,292) (11,680,689) (11,602,573) (10,509,750) (9,573,486) (9,582,409)
Accumulated other comprehensive loss (87,803) (130,428) (127,788) (117,694) (121,350) (100,706) (105,095) (108,871) (133,765) (109,982) (97,666) (88,146) (81,768) (64,128) (63,297) (56,126) (82,672) (94,211) (112,676) (60,247) (72,560) (64,030) (62,660) (64,692) (57,729)
Retained earnings 25,630,045 24,811,315 24,051,937 23,347,148 22,655,389 22,032,096 21,460,118 20,879,153 19,644,623 18,454,724 17,451,404 16,637,683 15,653,440 14,684,912 13,725,681 12,839,890 12,157,153 11,520,591 10,991,046 10,584,005 10,233,005 9,930,919 9,547,961 9,165,445 8,767,786
Stockholders’ equity 8,471,891 8,539,454 8,022,101 8,222,478 8,047,330 8,210,172 8,407,388 8,304,635 7,412,567 6,278,366 6,026,490 6,475,781 5,820,043 6,027,188 5,371,616 5,503,033 5,419,185 5,172,494 4,537,607 4,379,429 4,936,393 4,673,865 5,291,196 5,784,363 5,322,825
Total liabilities and stockholders’ equity 19,532,489 18,744,728 18,279,650 18,783,852 18,538,457 18,781,643 19,243,361 19,206,381 18,721,282 17,195,632 16,589,031 16,685,428 15,565,552 15,892,152 15,284,913 15,370,374 15,057,008 14,559,047 12,938,635 11,914,122 12,343,502 12,001,333 12,895,262 10,768,458 10,957,577

Based on: 10-Q (reporting date: 2024-09-29), 10-K (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-Q (reporting date: 2023-12-24), 10-Q (reporting date: 2023-09-24), 10-K (reporting date: 2023-06-25), 10-Q (reporting date: 2023-03-26), 10-Q (reporting date: 2022-12-25), 10-Q (reporting date: 2022-09-25), 10-K (reporting date: 2022-06-26), 10-Q (reporting date: 2022-03-27), 10-Q (reporting date: 2021-12-26), 10-Q (reporting date: 2021-09-26), 10-K (reporting date: 2021-06-27), 10-Q (reporting date: 2021-03-28), 10-Q (reporting date: 2020-12-27), 10-Q (reporting date: 2020-09-27), 10-K (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-Q (reporting date: 2019-12-29), 10-Q (reporting date: 2019-09-29), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-23), 10-Q (reporting date: 2018-09-23).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Lam Research Corp. current liabilities decreased from Q3 2024 to Q4 2024 but then increased from Q4 2024 to Q1 2025 exceeding Q3 2024 level.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Lam Research Corp. long-term liabilities increased from Q3 2024 to Q4 2024 but then decreased significantly from Q4 2024 to Q1 2025.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Lam Research Corp. total liabilities decreased from Q3 2024 to Q4 2024 but then increased from Q4 2024 to Q1 2025 exceeding Q3 2024 level.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Lam Research Corp. stockholders’ equity increased from Q3 2024 to Q4 2024 but then slightly decreased from Q4 2024 to Q1 2025.