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LRCX vs. TXN: Lam Research vs. Texas Instruments Stock Comparison

How do Lam Research (LRCX) and Texas Instruments (TXN) 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 Texas Instruments (TXN) both belong to the Semiconductors & Semiconductor Equipment industry, though LRCX is classified under Semiconductor Materials & Equipment while TXN falls under Semiconductors.

Company profile comparison for Lam Research (LRCX) and Texas Instruments (TXN)
Profile ItemLRCXTXN
NameLam Research Corp.Texas Instruments 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 USD253.58 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateMay 4, 1984June 1, 1972
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

LRCX
TXN
GSPC
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Lam Research (LRCX) vs. Texas Instruments (TXN), 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 Texas Instruments (TXN). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Lam Research (LRCX) and Texas Instruments (TXN)
MetricLRCXTXN
Total Return (1Y)36.98%86.19%
Total Return (3Y, Annualized)50.75%30.37%
Total Return (5Y, Annualized)29.74%12.03%

Risk Profile

Drawdown History

LRCX
TXN
GSPC
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Lam Research (LRCX) vs. Texas Instruments (TXN), 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 Texas Instruments (TXN). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Lam Research (LRCX) and Texas Instruments (TXN)
MetricLRCXTXN
Volatility (1Y, Annualized)68.85%44.27%
Beta (5Y)2.021.40
Max Drawdown (5Y)-57.22%-33.41%
Avg. Volume (3M)9.82M6.57M

Risk-Adjusted Performance

Risk-Return Positioning

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LRCX and TXN 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 Texas Instruments (TXN)
MetricLRCXTXN
Sharpe Ratio (1Y)0.471.85
Sortino Ratio (1Y)0.693.15

Profitability

ROE (TTM)

Both companies show strong equity returns, but Lam Research (LRCX) at 70.12% is the standout with ROE above its industry range; Texas Instruments (TXN) at 39.72% also sits in the top quartile.

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%

TXN

Semiconductors & Semiconductor Equipment industry group

39.72%

Max
52.82%
TXN
39.72%
Q3
22.26%
Median
10.58%
Q1
1.29%
Min
-16.89%
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Lam Research (LRCX) vs. Texas Instruments (TXN): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Lam Research (LRCX) at 32.34% and Texas Instruments (TXN) at 34.25% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

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%

TXN

Semiconductors & Semiconductor Equipment industry group

34.25%

Max
63.80%
TXN
34.25%
Q3
28.36%
Median
11.44%
Q1
0.90%
Min
-37.77%
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Lam Research (LRCX) vs. Texas Instruments (TXN): 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 Texas Instruments (TXN) at 47.55% 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%

TXN

Semiconductors & Semiconductor Equipment industry group

47.55%

Max
58.66%
TXN
47.55%
Q3
30.23%
Median
15.91%
Q1
7.54%
Min
-25.74%
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Lam Research (LRCX) vs. Texas Instruments (TXN): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Lam Research (LRCX) and Texas Instruments (TXN)
MetricLRCXTXN
ROE (TTM)70.12%39.72%
ROA (TTM)25.01%14.85%
Net Margin (TTM)32.34%34.25%
Operating Margin (TTM)39.95%47.55%
Gross Margin (TTM)51.05%60.24%

Growth

Revenue Growth

Lam Research (LRCX) at 26.02% sits in the top revenue growth quartile, while Texas Instruments (TXN) at 13.05% is closer to the peer norm — faster top-line expansion for LRCX.

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Lam Research (LRCX) vs. Texas Instruments (TXN): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Lam Research (LRCX) at 38.80% and Texas Instruments (TXN) at 4.81% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Lam Research (LRCX) vs. Texas Instruments (TXN): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Lam Research (LRCX) and Texas Instruments (TXN)
MetricLRCXTXN
Revenue Growth (YoY)26.02%13.05%
Revenue Growth (3Y CAGR)10.06%-4.07%
EPS Growth (YoY)38.80%4.81%
EPS Growth (3Y CAGR)20.15%-16.64%

Financial Strength

Current Ratio (MRQ)

Both Lam Research (LRCX) at 2.48 and Texas Instruments (TXN) at 5.60 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

TXN

Semiconductors & Semiconductor Equipment industry group

5.60

Max
10.33
Q3
5.62
TXN
5.60
Median
3.33
Q1
2.35
Min
1.03
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Lam Research (LRCX) vs. Texas Instruments (TXN): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Lam Research (LRCX) at 0.27 carries an industry-typical debt-to-equity mix, while Texas Instruments (TXN) at 0.71 uses more debt funding than most peers.

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

TXN

Semiconductors & Semiconductor Equipment industry group

0.71

Max
1.46
TXN
0.71
Q3
0.65
Median
0.27
Q1
0.04
Min
0.00
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Lam Research (LRCX) vs. Texas Instruments (TXN): 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 Texas Instruments (TXN)
MetricLRCXTXN
Current Ratio (MRQ)2.485.60
Debt / Equity (MRQ)0.270.71
Net Debt / EBITDA-0.370.51

Dividends

Dividend Yield (TTM)

Lam Research (LRCX) at 0.60% pays an industry-typical yield; Texas Instruments (TXN) at 2.04% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

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%

TXN

Semiconductors & Semiconductor Equipment industry group

2.04%

TXN
2.04%
Max
1.37%
Q3
0.65%
Median
0.00%
Q1
0.00%
Min
0.00%
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Lam Research (LRCX) vs. Texas Instruments (TXN): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Lam Research (LRCX) at 16.54% keeps its payout in the industry’s typical band, while Texas Instruments (TXN) at 73.67% pays out more than any of its peers — the most stretched cover in its group.

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%

TXN

Semiconductors & Semiconductor Equipment industry group

73.67%

TXN
73.67%
Max
49.64%
Q3
21.71%
Median
0.00%
Q1
0.00%
Min
0.00%
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Lam Research (LRCX) vs. Texas Instruments (TXN): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Lam Research (LRCX) and Texas Instruments (TXN)
MetricLRCXTXN
Dividend Yield (TTM)0.60%2.04%
Dividend Payout Ratio (TTM)16.54%73.67%

Valuation

P/E Ratio (TTM)

Both Lam Research (LRCX) at 29.87 and Texas Instruments (TXN) at 35.97 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

TXN

Semiconductors & Semiconductor Equipment industry group

35.97

Max
110.34
Q3
66.81
Median
37.02
TXN
35.97
Q1
23.96
Min
8.12
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Lam Research (LRCX) vs. Texas Instruments (TXN): 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 Texas Instruments (TXN) at 12.21 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

TXN

Semiconductors & Semiconductor Equipment industry group

12.21

Max
21.42
Q3
12.27
TXN
12.21
Median
5.76
Q1
2.73
Min
0.00
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Lam Research (LRCX) vs. Texas Instruments (TXN): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Texas Instruments (TXN) at 13.21 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

TXN

Semiconductors & Semiconductor Equipment industry group

13.21

Max
14.06
TXN
13.21
Q3
7.44
Median
4.29
Q1
2.30
Min
0.20
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Lam Research (LRCX) vs. Texas Instruments (TXN): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Lam Research (LRCX) and Texas Instruments (TXN)
MetricLRCXTXN
P/E Ratio (TTM)29.8735.97
P/S Ratio (TTM)9.6012.21
P/B Ratio (MRQ)18.0013.21
Free Cash Flow Yield (TTM)1.81%1.88%