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LRCX vs. MTSI: Lam Research vs. MACOM Stock Comparison

How do Lam Research (LRCX) and MACOM (MTSI) 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

Lam Research (LRCX) and MACOM (MTSI) both belong to the Semiconductors & Semiconductor Equipment industry, though LRCX is classified under Semiconductor Materials & Equipment while MTSI falls under Semiconductors.

Company profile comparison for Lam Research (LRCX) and MACOM (MTSI)
Profile ItemLRCXMTSI
NameLam Research Corp.MACOM Technology Solutions Holdings, Inc.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS Sub-IndustrySemiconductor Materials & EquipmentSemiconductors
Market Capitalization250.84 billion USD16.11 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateMay 4, 1984March 15, 2012
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

LRCX
MTSI
GSPC
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Lam Research (LRCX) vs. MACOM (MTSI), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Lam Research (LRCX) and MACOM (MTSI). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Lam Research (LRCX) and MACOM (MTSI). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Lam Research (LRCX) and MACOM (MTSI)
MetricLRCXMTSI
Total Return (1Y)36.98%33.29%
Total Return (3Y, Annualized)50.75%46.28%
Total Return (5Y, Annualized)29.74%25.03%

Risk Profile

Drawdown History

LRCX
MTSI
GSPC
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Lam Research (LRCX) vs. MACOM (MTSI), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Lam Research (LRCX) and MACOM (MTSI). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Lam Research (LRCX) and MACOM (MTSI)
MetricLRCXMTSI
Volatility (1Y, Annualized)68.85%68.69%
Beta (5Y)2.021.83
Max Drawdown (5Y)-57.22%-53.54%
Avg. Volume (3M)9.82M1.51M

Risk-Adjusted Performance

Risk-Return Positioning

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LRCX and MTSI are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Lam Research (LRCX) and MACOM (MTSI)
MetricLRCXMTSI
Sharpe Ratio (1Y)0.470.42
Sortino Ratio (1Y)0.690.58

Profitability

ROE (TTM)

Lam Research (LRCX) at 70.12% clears its industry range for ROE, a sharper capital-efficiency signal than MACOM (MTSI) at 22.17%, which is closer to a typical peer reading.

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%

MTSI

Semiconductors & Semiconductor Equipment industry group

22.17%

Max
52.82%
Q3
22.26%
MTSI
22.17%
Median
10.58%
Q1
1.29%
Min
-16.89%
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Lam Research (LRCX) vs. MACOM (MTSI): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

Lam Research (LRCX) at 32.34% retains a top-quartile share of revenue as profit, ahead of MACOM (MTSI) at 25.25%, which keeps about the industry-typical share.

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%

MTSI

Semiconductors & Semiconductor Equipment industry group

25.25%

Max
63.80%
Q3
28.36%
MTSI
25.25%
Median
11.44%
Q1
0.90%
Min
-37.77%
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Lam Research (LRCX) vs. MACOM (MTSI): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Both Lam Research (LRCX) at 39.95% and MACOM (MTSI) at 31.66% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

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%

MTSI

Semiconductors & Semiconductor Equipment industry group

31.66%

Max
58.66%
MTSI
31.66%
Q3
30.23%
Median
15.91%
Q1
7.54%
Min
-25.74%
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Lam Research (LRCX) vs. MACOM (MTSI): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Lam Research (LRCX) and MACOM (MTSI)
MetricLRCXMTSI
ROE (TTM)70.12%22.17%
ROA (TTM)25.01%8.66%
Net Margin (TTM)32.34%25.25%
Operating Margin (TTM)39.95%31.66%
Gross Margin (TTM)51.05%58.11%

Growth

Revenue Growth

Only one side can be read here: Lam Research (LRCX) reports revenue growth of 26.02%, ranked against its industry; MACOM (MTSI) has no revenue growth figure this period.

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Lam Research (LRCX) vs. MACOM (MTSI): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Lam Research (LRCX) reports EPS growth of 38.80%, ranked against its industry; MACOM (MTSI) has no EPS growth figure this period.

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Lam Research (LRCX) vs. MACOM (MTSI): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Lam Research (LRCX) and MACOM (MTSI)
MetricLRCXMTSI
Revenue Growth (YoY)26.02%--
Revenue Growth (3Y CAGR)10.06%--
EPS Growth (YoY)38.80%--
EPS Growth (3Y CAGR)20.15%49.88%

Financial Strength

Current Ratio (MRQ)

Both Lam Research (LRCX) at 2.48 and MACOM (MTSI) at 2.54 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

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

MTSI

Semiconductors & Semiconductor Equipment industry group

2.54

Max
10.33
Q3
5.62
Median
3.33
MTSI
2.54
Q1
2.35
Min
1.03
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Lam Research (LRCX) vs. MACOM (MTSI): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Lam Research (LRCX) at 0.27 and MACOM (MTSI) at 0.24 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

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

MTSI

Semiconductors & Semiconductor Equipment industry group

0.24

Max
1.46
Q3
0.65
Median
0.27
MTSI
0.24
Q1
0.04
Min
0.00
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Lam Research (LRCX) vs. MACOM (MTSI): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Lam Research (LRCX) and MACOM (MTSI)
MetricLRCXMTSI
Current Ratio (MRQ)2.482.54
Debt / Equity (MRQ)0.270.24
Net Debt / EBITDA-0.37-1.04

Dividends

Dividend Yield (TTM)

MACOM (MTSI) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Lam Research (LRCX) reports a yield of 0.60%, ranking against industry peers normally.

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%

MTSI

Semiconductors & Semiconductor Equipment industry group

0.00%

Max
1.37%
Q3
0.65%
MTSI
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Lam Research (LRCX) vs. MACOM (MTSI): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

MACOM (MTSI) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Lam Research (LRCX) reports a payout of 16.54%, ranking against industry peers normally.

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%

MTSI

Semiconductors & Semiconductor Equipment industry group

0.00%

Max
49.64%
Q3
21.71%
MTSI
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Lam Research (LRCX) vs. MACOM (MTSI): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Lam Research (LRCX) and MACOM (MTSI)
MetricLRCXMTSI
Dividend Yield (TTM)0.60%0.00%
Dividend Payout Ratio (TTM)16.54%0.00%

Valuation

P/E Ratio (TTM)

Both Lam Research (LRCX) at 29.87 and MACOM (MTSI) at 48.95 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

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

MTSI

Semiconductors & Semiconductor Equipment industry group

48.95

Max
110.34
Q3
66.81
MTSI
48.95
Median
37.02
Q1
23.96
Min
8.12
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Lam Research (LRCX) vs. MACOM (MTSI): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Lam Research (LRCX) at 9.60 and MACOM (MTSI) at 12.14 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

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

MTSI

Semiconductors & Semiconductor Equipment industry group

12.14

Max
21.42
Q3
12.27
MTSI
12.14
Median
5.76
Q1
2.73
Min
0.00
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Lam Research (LRCX) vs. MACOM (MTSI): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: MACOM (MTSI) at 9.50 sits in the upper P/B ratio quartile, and Lam Research (LRCX) at 18.00 prices even higher, above its industry range.

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

MTSI

Semiconductors & Semiconductor Equipment industry group

9.50

Max
14.06
MTSI
9.50
Q3
7.44
Median
4.29
Q1
2.30
Min
0.20
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Lam Research (LRCX) vs. MACOM (MTSI): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Lam Research (LRCX) and MACOM (MTSI)
MetricLRCXMTSI
P/E Ratio (TTM)29.8748.95
P/S Ratio (TTM)9.6012.14
P/B Ratio (MRQ)18.009.50
Free Cash Flow Yield (TTM)1.81%1.15%