Analysis of Geographic Areas
Lam Research Corp. operates in 7 regions: China; Korea; Taiwan; Japan; United States; Southeast Asia; and Europe.
Area Asset Turnover
Lam Research Corp., asset turnover by geographic area
| Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | Jun 28, 2020 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|
| China | 984.97 | 503.40 | 750.14 | 552.40 | 353.66 | 315.82 |
| Korea | 10.95 | 16.45 | 21.97 | 62.79 | 47.88 | 78.20 |
| Taiwan | 17.01 | 53.15 | 40.31 | 44.80 | 164.97 | 236.17 |
| Japan | 185.85 | 208.04 | 193.26 | 103.73 | 80.73 | 342.59 |
| United States | 0.70 | 1.22 | 0.90 | 0.59 | 0.77 | 0.80 |
| Southeast Asia | 2.03 | 3.99 | 5.47 | 7.28 | 18.94 | 111.12 |
| Europe | 6.13 | 12.36 | 9.17 | 5.97 | 3.84 | 4.88 |
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).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | China | China area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
| Korea | Korea area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| Taiwan | Taiwan area asset turnover ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. | |
| Japan | Japan area asset turnover ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. | |
| United States | United States area asset turnover ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. | |
| Southeast Asia | Southeast Asia area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| Europe | Europe area asset turnover ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Area Asset Turnover: China
Lam Research Corp.; China; area asset turnover calculation
| Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | Jun 28, 2020 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenue | 6,293,990) | 4,462,663) | 5,411,502) | 5,137,886) | 3,083,916) | 2,161,440) |
| Long-lived assets | 6,390) | 8,865) | 7,214) | 9,301) | 8,720) | 6,844) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 984.97 | 503.40 | 750.14 | 552.40 | 353.66 | 315.82 |
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).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 6,293,990 ÷ 6,390 = 984.97
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | China | China area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Area Asset Turnover: Korea
Lam Research Corp.; Korea; area asset turnover calculation
| Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | Jun 28, 2020 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenue | 2,874,015) | 3,551,742) | 4,037,467) | 3,924,685) | 2,391,257) | 2,205,348) |
| Long-lived assets | 262,405) | 215,898) | 183,809) | 62,502) | 49,943) | 28,200) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 10.95 | 16.45 | 21.97 | 62.79 | 47.88 | 78.20 |
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).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 2,874,015 ÷ 262,405 = 10.95
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Korea | Korea area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Taiwan
Lam Research Corp.; Taiwan; area asset turnover calculation
| Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | Jun 28, 2020 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenue | 1,671,815) | 3,477,862) | 2,936,482) | 2,117,999) | 1,906,223) | 1,596,261) |
| Long-lived assets | 98,268) | 65,432) | 72,845) | 47,279) | 11,555) | 6,759) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 17.01 | 53.15 | 40.31 | 44.80 | 164.97 | 236.17 |
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).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 1,671,815 ÷ 98,268 = 17.01
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Taiwan | Taiwan area asset turnover ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Area Asset Turnover: Japan
Lam Research Corp.; Japan; area asset turnover calculation
| Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | Jun 28, 2020 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenue | 1,460,429) | 1,758,364) | 1,624,573) | 1,363,907) | 954,743) | 1,969,869) |
| Long-lived assets | 7,858) | 8,452) | 8,406) | 13,149) | 11,826) | 5,750) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 185.85 | 208.04 | 193.26 | 103.73 | 80.73 | 342.59 |
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).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 1,460,429 ÷ 7,858 = 185.85
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Japan | Japan area asset turnover ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Area Asset Turnover: United States
Lam Research Corp.; United States; area asset turnover calculation
| Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | Jun 28, 2020 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenue | 1,104,087) | 1,665,136) | 1,147,346) | 672,716) | 812,482) | 748,601) |
| Long-lived assets | 1,582,103) | 1,367,534) | 1,276,274) | 1,137,490) | 1,052,714) | 933,054) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 0.70 | 1.22 | 0.90 | 0.59 | 0.77 | 0.80 |
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).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 1,104,087 ÷ 1,582,103 = 0.70
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Area Asset Turnover: Southeast Asia
Lam Research Corp.; Southeast Asia; area asset turnover calculation
| Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | Jun 28, 2020 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenue | 794,054) | 1,354,471) | 1,357,648) | 945,478) | 587,638) | 615,813) |
| Long-lived assets | 390,514) | 339,415) | 248,029) | 129,881) | 31,027) | 5,542) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 2.03 | 3.99 | 5.47 | 7.28 | 18.94 | 111.12 |
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).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 794,054 ÷ 390,514 = 2.03
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Southeast Asia | Southeast Asia area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Europe
Lam Research Corp.; Europe; area asset turnover calculation
| Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | Jun 28, 2020 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Revenue | 706,996) | 1,158,278) | 712,021) | 463,479) | 308,477) | 356,227) |
| Long-lived assets | 115,316) | 93,732) | 77,658) | 77,661) | 80,297) | 72,928) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 6.13 | 12.36 | 9.17 | 5.97 | 3.84 | 4.88 |
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).
1 2024 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 706,996 ÷ 115,316 = 6.13
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Europe | Europe area asset turnover ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Revenue
Lam Research Corp., revenue by geographic area
US$ in thousands
| Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | Jun 28, 2020 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|
| China | 6,293,990) | 4,462,663) | 5,411,502) | 5,137,886) | 3,083,916) | 2,161,440) |
| Korea | 2,874,015) | 3,551,742) | 4,037,467) | 3,924,685) | 2,391,257) | 2,205,348) |
| Taiwan | 1,671,815) | 3,477,862) | 2,936,482) | 2,117,999) | 1,906,223) | 1,596,261) |
| Japan | 1,460,429) | 1,758,364) | 1,624,573) | 1,363,907) | 954,743) | 1,969,869) |
| United States | 1,104,087) | 1,665,136) | 1,147,346) | 672,716) | 812,482) | 748,601) |
| Southeast Asia | 794,054) | 1,354,471) | 1,357,648) | 945,478) | 587,638) | 615,813) |
| Europe | 706,996) | 1,158,278) | 712,021) | 463,479) | 308,477) | 356,227) |
| Total | 14,905,386) | 17,428,516) | 17,227,039) | 14,626,150) | 10,044,736) | 9,653,559) |
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).
Long-lived assets
Lam Research Corp., long-lived assets by geographic area
US$ in thousands
| Jun 30, 2024 | Jun 25, 2023 | Jun 26, 2022 | Jun 27, 2021 | Jun 28, 2020 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|
| China | 6,390) | 8,865) | 7,214) | 9,301) | 8,720) | 6,844) |
| Korea | 262,405) | 215,898) | 183,809) | 62,502) | 49,943) | 28,200) |
| Taiwan | 98,268) | 65,432) | 72,845) | 47,279) | 11,555) | 6,759) |
| Japan | 7,858) | 8,452) | 8,406) | 13,149) | 11,826) | 5,750) |
| United States | 1,582,103) | 1,367,534) | 1,276,274) | 1,137,490) | 1,052,714) | 933,054) |
| Southeast Asia | 390,514) | 339,415) | 248,029) | 129,881) | 31,027) | 5,542) |
| Europe | 115,316) | 93,732) | 77,658) | 77,661) | 80,297) | 72,928) |
| Total | 2,462,854) | 2,099,328) | 1,874,235) | 1,477,263) | 1,246,082) | 1,059,077) |
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).