ADI vs. LRCX: Analog Devices vs. Lam Research Stock Comparison
How do Analog Devices (ADI) and Lam Research (LRCX) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Analog Devices (ADI) and Lam Research (LRCX) both belong to the Semiconductors & Semiconductor Equipment industry, though ADI is classified under Semiconductors while LRCX falls under Semiconductor Materials & Equipment.
| Profile Item | ADI | LRCX |
|---|---|---|
| Name | Analog Devices, Inc. | Lam Research Corp. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Semiconductors | Semiconductor Materials & Equipment |
| Market Capitalization | 176.17 billion USD | 250.84 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | March 17, 1980 | May 4, 1984 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ADI | LRCX |
|---|---|---|
| Total Return (1Y) | 71.72% | 36.98% |
| Total Return (3Y, Annualized) | 34.43% | 50.75% |
| Total Return (5Y, Annualized) | 17.89% | 29.74% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Lam Research (LRCX) carries a highly aggressive beta of 2.02, indicating much higher sensitivity to broad-market moves, whereas Analog Devices (ADI) is closer to market-like at 1.26 — a noticeable difference in market-sensitivity profile.
| Metric | ADI | LRCX |
|---|---|---|
| Volatility (1Y, Annualized) | 38.89% | 68.85% |
| Beta (5Y) | 1.26 | 2.02 |
| Max Drawdown (5Y) | -32.20% | -57.22% |
| Avg. Volume (3M) | 3.74M | 9.82M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ADI | LRCX |
|---|---|---|
| Sharpe Ratio (1Y) | 1.73 | 0.47 |
| Sortino Ratio (1Y) | 2.56 | 0.69 |
Profitability
ROE (TTM)
Lam Research (LRCX) at 70.12% clears its industry range for ROE, a sharper capital-efficiency signal than Analog Devices (ADI) at 12.23%, which is closer to a typical peer reading.
ADI
Semiconductors & Semiconductor Equipment industry group
12.23%
- Max
- 52.82%
- Q3
- 22.26%
- ADI
- 12.23%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
LRCX
Semiconductors & Semiconductor Equipment industry group
70.12%
- LRCX
- 70.12%
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
For every dollar of sales, both Analog Devices (ADI) at 29.79% and Lam Research (LRCX) at 32.34% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
ADI
Semiconductors & Semiconductor Equipment industry group
29.79%
- Max
- 63.80%
- ADI
- 29.79%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
LRCX
Semiconductors & Semiconductor Equipment industry group
32.34%
- Max
- 63.80%
- LRCX
- 32.34%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Both Analog Devices (ADI) at 39.50% and Lam Research (LRCX) at 39.95% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
ADI
Semiconductors & Semiconductor Equipment industry group
39.50%
- Max
- 58.66%
- ADI
- 39.50%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
LRCX
Semiconductors & Semiconductor Equipment industry group
39.95%
- Max
- 58.66%
- LRCX
- 39.95%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | ADI | LRCX |
|---|---|---|
| ROE (TTM) | 12.23% | 70.12% |
| ROA (TTM) | 6.41% | 25.01% |
| Net Margin (TTM) | 29.79% | 32.34% |
| Operating Margin (TTM) | 39.50% | 39.95% |
| Gross Margin (TTM) | 65.80% | 51.05% |
Growth
Revenue Growth
Lam Research (LRCX) at 26.02% sits in the top revenue growth quartile, while Analog Devices (ADI) at 16.89% is closer to the peer norm — faster top-line expansion for LRCX.
EPS Growth
Analog Devices (ADI) at 39.02% sits in the top EPS growth quartile, while Lam Research (LRCX) at 38.80% is closer to the peer norm — faster per-share earnings growth for ADI.
Growth Metrics
| Metric | ADI | LRCX |
|---|---|---|
| Revenue Growth (YoY) | 16.89% | 26.02% |
| Revenue Growth (3Y CAGR) | -2.84% | 10.06% |
| EPS Growth (YoY) | 39.02% | 38.80% |
| EPS Growth (3Y CAGR) | -4.59% | 20.15% |
Financial Strength
Current Ratio (MRQ)
Lam Research (LRCX) at 2.48 keeps current ratio within its industry’s typical mid-range, while Analog Devices (ADI) at 1.25 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ADI.
ADI
Semiconductors & Semiconductor Equipment industry group
1.25
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- ADI
- 1.25
- Min
- 1.03
LRCX
Semiconductors & Semiconductor Equipment industry group
2.48
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- LRCX
- 2.48
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
Both Analog Devices (ADI) at 0.27 and Lam Research (LRCX) at 0.27 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
ADI
Semiconductors & Semiconductor Equipment industry group
0.27
- Max
- 1.46
- Q3
- 0.65
- ADI
- 0.27
- Median
- 0.27
- Q1
- 0.04
- Min
- 0.00
LRCX
Semiconductors & Semiconductor Equipment industry group
0.27
- Max
- 1.46
- Q3
- 0.65
- LRCX
- 0.27
- Median
- 0.27
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | ADI | LRCX |
|---|---|---|
| Current Ratio (MRQ) | 1.25 | 2.48 |
| Debt / Equity (MRQ) | 0.27 | 0.27 |
| Net Debt / EBITDA | 0.99 | -0.37 |
Dividends
Dividend Yield (TTM)
Analog Devices (ADI) at 1.19% delivers top-quartile income for its industry, while Lam Research (LRCX) at 0.60% pays a more typical yield — both are credible income propositions, ADI the richer one.
ADI
Semiconductors & Semiconductor Equipment industry group
1.19%
- Max
- 1.37%
- ADI
- 1.19%
- Q3
- 0.65%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
LRCX
Semiconductors & Semiconductor Equipment industry group
0.60%
- Max
- 1.37%
- Q3
- 0.65%
- LRCX
- 0.60%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Lam Research (LRCX) at 16.54% pays out a band-typical share of earnings, while Analog Devices (ADI) at 49.64% distributes more than its industry norm — less retained, thinner cover.
ADI
Semiconductors & Semiconductor Equipment industry group
49.64%
- ADI
- 49.64%
- Max
- 49.64%
- Q3
- 21.71%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
LRCX
Semiconductors & Semiconductor Equipment industry group
16.54%
- Max
- 49.64%
- Q3
- 21.71%
- LRCX
- 16.54%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ADI | LRCX |
|---|---|---|
| Dividend Yield (TTM) | 1.19% | 0.60% |
| Dividend Payout Ratio (TTM) | 49.64% | 16.54% |
Valuation
P/E Ratio (TTM)
Both Analog Devices (ADI) at 43.18 and Lam Research (LRCX) at 29.87 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
ADI
Semiconductors & Semiconductor Equipment industry group
43.18
- Max
- 110.34
- Q3
- 66.81
- ADI
- 43.18
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
LRCX
Semiconductors & Semiconductor Equipment industry group
29.87
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- LRCX
- 29.87
- Q1
- 23.96
- Min
- 8.12
P/S Ratio (TTM)
Lam Research (LRCX) at 9.60 is priced about in line with its industry on P/S ratio, while Analog Devices (ADI) at 12.69 sits in the pricier quartile — ADI costs more per dollar of sales.
ADI
Semiconductors & Semiconductor Equipment industry group
12.69
- Max
- 21.42
- ADI
- 12.69
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
LRCX
Semiconductors & Semiconductor Equipment industry group
9.60
- Max
- 21.42
- Q3
- 12.27
- LRCX
- 9.60
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
Analog Devices (ADI) at 5.25 sits near its industry’s typical P/B ratio, while Lam Research (LRCX) at 18.00 prices above its benchmark range — LRCX looks rich relative to book.
ADI
Semiconductors & Semiconductor Equipment industry group
5.25
- Max
- 14.06
- Q3
- 7.44
- ADI
- 5.25
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
LRCX
Semiconductors & Semiconductor Equipment industry group
18.00
- LRCX
- 18.00
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | ADI | LRCX |
|---|---|---|
| P/E Ratio (TTM) | 43.18 | 29.87 |
| P/S Ratio (TTM) | 12.69 | 9.60 |
| P/B Ratio (MRQ) | 5.25 | 18.00 |
| Free Cash Flow Yield (TTM) | 2.35% | 1.81% |