Balance Sheet: Liabilities and Stockholders’ Equity
The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.
Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.
Paying user area
Try for free
Lam Research Corp. pages available for free this week:
- Balance Sheet: Assets
- Cash Flow Statement
- Common-Size Income Statement
- Analysis of Profitability Ratios
- Analysis of Solvency Ratios
- Analysis of Long-term (Investment) Activity Ratios
- Analysis of Geographic Areas
- Operating Profit Margin since 2005
- Return on Equity (ROE) since 2005
- Total Asset Turnover since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Lam Research Corp. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Lam Research Corp., consolidated balance sheet: liabilities and stockholders’ equity
US$ in thousands
Based on: 10-K (reporting date: 2025-06-29), 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).
The financial data reveals various trends over the examined periods. Current liabilities exhibit fluctuations, initially rising from approximately $3.16 billion in 2020 to a peak near $4.56 billion in 2022, followed by a decline in 2023 and then a significant increase to about $6.57 billion by 2025. This uptick is notably influenced by components such as trade accounts payable and accrued expenses and other current liabilities, both showing sizable growth towards the final period.
Accrued compensation generally increases over time, rising from around $402 million in 2020 to over $618 million by 2025, despite a slight dip in 2022. Warranty reserves show a steady growth trend, reaching nearly $249 million in 2025 after peaking in 2023. Income and other taxes payable demonstrate volatility, with values increasing until 2022, dipping in 2024, and then sharply rising again in 2025.
Dividend payable consistently rises each year, moving from approximately $167 million in 2020 to almost $292 million in 2025, indicating a steady policy of increasing shareholder returns. Deferred profit presents a marked upward trajectory, more than quintupling over the timeframe from approximately $457 million to $2.57 billion by 2025, reflecting growing deferred income components.
Current portion of long-term debt and finance lease obligations shows variability with a high of $839 million in 2020, dipping significantly in the intermediate years, and surging again to over $754 million by 2025. Long-term debt and finance lease obligations, net of current portion, decline steadily from about $5 billion in 2020 to approximately $3.73 billion in 2025, suggesting ongoing debt repayments or refinancings.
Income taxes payable decrease moderately over the examined years, falling from about $910 million in 2020 to approximately $603 million in 2025. Other long-term liabilities increase modestly, reflecting potential growth in long-term obligations outside of debt. Consequently, total long-term liabilities show a downward trend after peaking around 2023.
Total liabilities rise overall, starting at approximately $9.38 billion in 2020, peaking near $10.92 billion in 2022, followed by a slight dip in subsequent years, and concluding with a substantial rise to about $11.48 billion by 2025. This pattern is largely driven by the variations in current liabilities discussed earlier.
Regarding equity, common stock remains relatively constant with minor fluctuations until an abrupt increase to around $1.27 billion in 2025, potentially indicative of a stock split, issuance, or reclassification. Additional paid-in capital steadily increases, moving from about $6.7 billion to nearly $8.7 billion by 2025, suggesting ongoing capital contributions or stock-based compensation.
Treasury stock grows in negative value throughout the period, increasing its absolute magnitude from around -$12.95 billion to approximately -$27.76 billion, indicating consistent share repurchases. Accumulated other comprehensive loss fluctuates with no clear trend but ends with a smaller loss in 2025 compared to some prior years.
Retained earnings demonstrate robust growth, rising from about $11.5 billion to nearly $29 billion, reflecting strong profitability and the retention of earnings over time. Stockholders’ equity thus increases steadily over the periods, reaching close to $9.86 billion by 2025.
Total liabilities and stockholders’ equity consistently increase, reflecting company growth and expansion in its financial base. The overall increase from approximately $14.56 billion in 2020 to $21.35 billion in 2025 points to significant asset growth correlating with the expanded liabilities and equity figures.