Price to Operating Profit (P/OP)
since 2005
Calculation
Lam Research Corp., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Operating income (loss)1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Aug 29, 2024 | 24.29 | = | 79.73 | ÷ | 3.28 | 3.28 | = | 4,263,913 | ÷ | 1,298,760,000 | |
| Aug 15, 2023 | 16.79 | = | 65.58 | ÷ | 3.91 | 3.91 | = | 5,174,860 | ÷ | 1,325,117,010 | |
| Aug 24, 2022 | 11.79 | = | 46.30 | ÷ | 3.93 | 3.93 | = | 5,381,822 | ÷ | 1,369,877,920 | |
| Aug 17, 2021 | 18.34 | = | 57.90 | ÷ | 3.16 | 3.16 | = | 4,482,023 | ÷ | 1,419,536,810 | |
| Aug 18, 2020 | 20.40 | = | 37.46 | ÷ | 1.84 | 1.84 | = | 2,673,802 | ÷ | 1,456,252,250 | |
| Aug 20, 2019 | 12.13 | = | 20.68 | ÷ | 1.71 | 1.71 | = | 2,464,732 | ÷ | 1,445,329,980 | |
| Aug 14, 2018 | 8.67 | = | 17.67 | ÷ | 2.04 | 2.04 | = | 3,213,299 | ÷ | 1,575,799,840 | |
| Aug 15, 2017 | 13.68 | = | 16.02 | ÷ | 1.17 | 1.17 | = | 1,902,132 | ÷ | 1,624,546,860 | |
| Aug 17, 2016 | 13.46 | = | 9.02 | ÷ | 0.67 | 0.67 | = | 1,074,256 | ÷ | 1,602,600,090 | |
| Aug 13, 2015 | 14.45 | = | 7.20 | ÷ | 0.50 | 0.50 | = | 788,039 | ÷ | 1,581,869,760 | |
| Aug 26, 2014 | 16.98 | = | 7.10 | ÷ | 0.42 | 0.42 | = | 677,669 | ÷ | 1,620,752,370 | |
| Aug 27, 2013 | 64.12 | = | 4.64 | ÷ | 0.07 | 0.07 | = | 118,071 | ÷ | 1,631,499,770 | |
| Aug 22, 2012 | 26.84 | = | 3.50 | ÷ | 0.13 | 0.13 | = | 237,733 | ÷ | 1,823,063,620 | |
| Aug 19, 2011 | 5.54 | = | 3.60 | ÷ | 0.65 | 0.65 | = | 804,285 | ÷ | 1,237,854,290 | |
| Aug 23, 2010 | 10.92 | = | 3.74 | ÷ | 0.34 | 0.34 | = | 425,410 | ÷ | 1,241,722,010 | |
| Aug 27, 2009 | — | = | 3.06 | ÷ | -0.22 | -0.22 | = | -281,243 | ÷ | 1,266,368,860 | |
| Aug 28, 2008 | 9.41 | = | 3.82 | ÷ | 0.41 | 0.41 | = | 509,431 | ÷ | 1,254,293,880 | |
| Mar 31, 2008 | 6.12 | = | 3.82 | ÷ | 0.62 | 0.62 | = | 778,660 | ÷ | 1,247,810,470 | |
| Aug 17, 2006 | 14.39 | = | 4.12 | ÷ | 0.29 | 0.29 | = | 406,265 | ÷ | 1,418,610,730 | |
| Aug 18, 2005 | 10.23 | = | 2.93 | ÷ | 0.29 | 0.29 | = | 391,002 | ÷ | 1,364,538,810 |
Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-25), 10-K (reporting date: 2022-06-26), 10-K (reporting date: 2021-06-27), 10-K (reporting date: 2020-06-28), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-24), 10-K (reporting date: 2017-06-25), 10-K (reporting date: 2016-06-26), 10-K (reporting date: 2015-06-28), 10-K (reporting date: 2014-06-29), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-24), 10-K (reporting date: 2011-06-26), 10-K (reporting date: 2010-06-27), 10-K (reporting date: 2009-06-28), 10-K (reporting date: 2008-06-29), 10-K (reporting date: 2007-06-24), 10-K (reporting date: 2006-06-25), 10-K (reporting date: 2005-06-26).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Lam Research Corp. Annual Report.
Comparison to Competitors
Lam Research Corp., P/OP, long-term trends, comparison to competitors
| Lam Research Corp. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | Intel Corp. | Micron Technology Inc. | Monolithic Power Systems Inc. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Aug 29, 2024 | 24.29 | — | 53.48 | 17.52 | 76.87 | — | 86.94 | — | 51.16 | 19.08 | — |
| Aug 15, 2023 | 16.79 | 675.69 | 23.53 | 17.58 | 31.96 | 1,984.43 | — | 79.32 | 136.19 | 15.85 | 19.75 |
| Aug 24, 2022 | 11.79 | 100.42 | 26.16 | 11.35 | 16.33 | 49.91 | 5.93 | 43.38 | 66.12 | 7.95 | 16.29 |
| Aug 17, 2021 | 18.34 | 39.48 | 56.12 | 18.85 | 30.78 | 10.82 | 12.48 | 81.78 | 75.08 | 15.84 | 17.67 |
| Aug 18, 2020 | 20.40 | 75.77 | 33.76 | 18.50 | 44.04 | 9.72 | 19.51 | 111.71 | 66.40 | 23.32 | 26.53 |
| Aug 20, 2019 | 12.13 | 91.66 | 24.74 | 16.36 | 36.85 | 13.29 | 6.83 | 68.99 | 24.79 | 12.60 | 21.46 |
| Aug 14, 2018 | 8.67 | 51.38 | 17.62 | 6.74 | 19.42 | 9.40 | 3.20 | 51.50 | 45.61 | 103.26 | 15.00 |
| Aug 15, 2017 | 13.68 | 59.52 | 30.97 | 14.35 | 44.92 | 11.86 | 7.98 | 63.00 | 31.31 | 30.15 | 16.81 |
| Aug 17, 2016 | 13.46 | — | 21.85 | 16.54 | — | 13.40 | 106.63 | 67.63 | 23.80 | 15.26 | 16.07 |
| Aug 13, 2015 | 14.45 | — | 22.69 | 12.92 | 23.80 | 9.66 | 6.04 | 57.81 | 16.52 | 15.68 | 12.34 |
| Aug 26, 2014 | 16.98 | — | 23.01 | 19.66 | 59.05 | 10.60 | 11.23 | 60.28 | 19.66 | 17.00 | 15.64 |
| Aug 27, 2013 | 64.12 | 26.08 | 20.62 | 46.30 | 23.31 | 10.02 | 74.52 | 59.53 | 12.16 | 16.30 | 17.02 |
| Aug 22, 2012 | 26.84 | — | 14.67 | 31.47 | 13.51 | 7.13 | — | 51.86 | 14.06 | 17.43 | 19.14 |
| Aug 19, 2011 | 5.54 | 14.16 | 9.26 | 6.04 | 12.05 | 7.62 | 7.18 | 46.37 | 40.70 | 17.45 | 12.75 |
| Aug 23, 2010 | 10.92 | 7.42 | 11.93 | 12.82 | 13.69 | 7.79 | 4.84 | 17.49 | — | 22.51 | 9.25 |
| Aug 27, 2009 | — | 8.03 | 30.48 | — | 81.90 | 20.19 | — | 39.08 | — | 32.90 | 15.16 |
| Aug 28, 2008 | 9.41 | — | 7.90 | 10.25 | — | 7.50 | — | 19.47 | 13.27 | 14.67 | 8.01 |
| Mar 31, 2008 | 6.12 | — | 16.49 | 10.36 | — | 14.36 | — | 58.24 | 22.39 | 22.57 | 11.81 |
| Aug 17, 2006 | 14.39 | — | 20.89 | 12.54 | — | 21.27 | 30.18 | 336.88 | 24.63 | 22.34 | 13.27 |
| Aug 18, 2005 | 10.23 | 84.32 | 26.80 | 21.07 | — | 9.99 | 39.55 | 71.39 | 37.70 | 27.83 | 17.12 |
Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-25), 10-K (reporting date: 2022-06-26), 10-K (reporting date: 2021-06-27), 10-K (reporting date: 2020-06-28), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-24), 10-K (reporting date: 2017-06-25), 10-K (reporting date: 2016-06-26), 10-K (reporting date: 2015-06-28), 10-K (reporting date: 2014-06-29), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-24), 10-K (reporting date: 2011-06-26), 10-K (reporting date: 2010-06-27), 10-K (reporting date: 2009-06-28), 10-K (reporting date: 2008-06-29), 10-K (reporting date: 2007-06-24), 10-K (reporting date: 2006-06-25), 10-K (reporting date: 2005-06-26).