LRCX vs. UMC: Lam Research vs. United Microelectronics Stock Comparison
How do Lam Research (LRCX) and United Microelectronics (UMC) 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 United Microelectronics (UMC) both belong to the Semiconductors & Semiconductor Equipment industry, though LRCX is classified under Semiconductor Materials & Equipment while UMC falls under Semiconductors.
Lam Research (LRCX) trades as ordinary local shares, while United Microelectronics (UMC) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | LRCX | UMC |
|---|---|---|
| Name | Lam Research Corp. | United Microelectronics Corp. ADR |
| Country/Region | United States | Taiwan |
| 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 | Semiconductor Materials & Equipment | Semiconductors |
| Market Capitalization | 250.84 billion USD | 34.73 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | May 4, 1984 | September 19, 2000 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | LRCX | UMC |
|---|---|---|
| Total Return (1Y) | 36.98% | 102.63% |
| Total Return (3Y, Annualized) | 50.75% | 31.57% |
| Total Return (5Y, Annualized) | 29.74% | 11.51% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | LRCX | UMC |
|---|---|---|
| Volatility (1Y, Annualized) | 68.85% | 67.94% |
| Beta (5Y) | 2.02 | 1.77 |
| Max Drawdown (5Y) | -57.22% | -54.30% |
| Avg. Volume (3M) | 9.82M | 11.82M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | LRCX | UMC |
|---|---|---|
| Sharpe Ratio (1Y) | 0.47 | 1.45 |
| Sortino Ratio (1Y) | 0.69 | 2.35 |
Profitability
ROE (TTM)
Lam Research (LRCX) at 70.12% clears its industry range for ROE, a sharper capital-efficiency signal than United Microelectronics (UMC) at 20.37%, 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%
UMC
Semiconductors & Semiconductor Equipment industry group
20.37%
- Max
- 52.82%
- Q3
- 22.26%
- UMC
- 20.37%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
For every dollar of sales, both Lam Research (LRCX) at 32.34% and United Microelectronics (UMC) at 31.95% 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%
UMC
Semiconductors & Semiconductor Equipment industry group
31.95%
- Max
- 63.80%
- UMC
- 31.95%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Lam Research (LRCX) at 39.95% operates in the top operating margin quartile, ahead of United Microelectronics (UMC) at 25.09%, which runs around its industry’s norm.
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%
UMC
Semiconductors & Semiconductor Equipment industry group
25.09%
- Max
- 58.66%
- Q3
- 30.23%
- UMC
- 25.09%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | LRCX | UMC |
|---|---|---|
| ROE (TTM) | 70.12% | 20.37% |
| ROA (TTM) | 25.01% | 5.79% |
| Net Margin (TTM) | 32.34% | 31.95% |
| Operating Margin (TTM) | 39.95% | 25.09% |
| Gross Margin (TTM) | 51.05% | 31.72% |
Growth
Revenue Growth
Lam Research (LRCX) at 26.02% sits in the top revenue growth quartile, while United Microelectronics (UMC) at 2.26% is closer to the peer norm — faster top-line expansion for LRCX.
EPS Growth
Both Lam Research (LRCX) at 38.80% and United Microelectronics (UMC) at -12.57% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | LRCX | UMC |
|---|---|---|
| Revenue Growth (YoY) | 26.02% | 2.26% |
| Revenue Growth (3Y CAGR) | 10.06% | -5.19% |
| EPS Growth (YoY) | 38.80% | -12.57% |
| EPS Growth (3Y CAGR) | 20.15% | -21.92% |
Financial Strength
Current Ratio (MRQ)
Both Lam Research (LRCX) at 2.48 and United Microelectronics (UMC) at 3.27 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
UMC
Semiconductors & Semiconductor Equipment industry group
3.27
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- UMC
- 3.27
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
Both Lam Research (LRCX) at 0.27 and United Microelectronics (UMC) at 0.17 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
UMC
Semiconductors & Semiconductor Equipment industry group
0.17
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- UMC
- 0.17
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | LRCX | UMC |
|---|---|---|
| Current Ratio (MRQ) | 2.48 | 3.27 |
| Debt / Equity (MRQ) | 0.27 | 0.17 |
| Net Debt / EBITDA | -0.37 | -0.60 |
Dividends
Dividend Yield (TTM)
Lam Research (LRCX) at 0.60% pays an industry-typical yield; United Microelectronics (UMC) at 19.43% 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%
UMC
Semiconductors & Semiconductor Equipment industry group
19.43%
- UMC
- 19.43%
- Max
- 1.37%
- Q3
- 0.65%
- 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 United Microelectronics (UMC) at 37.46% distributes more than its industry norm — less retained, thinner cover.
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%
UMC
Semiconductors & Semiconductor Equipment industry group
37.46%
- Max
- 49.64%
- UMC
- 37.46%
- Q3
- 21.71%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | LRCX | UMC |
|---|---|---|
| Dividend Yield (TTM) | 0.60% | 19.43% |
| Dividend Payout Ratio (TTM) | 16.54% | 37.46% |
Valuation
P/E Ratio (TTM)
United Microelectronics (UMC) at 13.07 sits in the cheaper P/E ratio quartile, while Lam Research (LRCX) at 29.87 is closer to its industry’s usual earnings multiple — a discount for UMC, though growth and earnings durability still matter.
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
UMC
Semiconductors & Semiconductor Equipment industry group
13.07
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- UMC
- 13.07
- Min
- 8.12
P/S Ratio (TTM)
United Microelectronics (UMC) at 0.13 sits in the cheaper P/S ratio quartile while Lam Research (LRCX) at 9.60 prices around its industry’s middle — UMC costs less per dollar of sales, though read it alongside growth and margins.
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
UMC
Semiconductors & Semiconductor Equipment industry group
0.13
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- UMC
- 0.13
- Min
- 0.00
P/B Ratio (MRQ)
United Microelectronics (UMC) at 2.39 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.
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
UMC
Semiconductors & Semiconductor Equipment industry group
2.39
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- UMC
- 2.39
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | LRCX | UMC |
|---|---|---|
| P/E Ratio (TTM) | 29.87 | 13.07 |
| P/S Ratio (TTM) | 9.60 | 0.13 |
| P/B Ratio (MRQ) | 18.00 | 2.39 |
| Free Cash Flow Yield (TTM) | 1.81% | 129.43% |