Return on Assets (ROA)
since 2005
Calculation
Lam Research Corp., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income (loss)1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Jun 29, 2025 | 25.10% | = | 100 | × | 5,358,217) | ÷ | 21,345,260) |
| Jun 30, 2024 | 20.42% | = | 100 | × | 3,827,772) | ÷ | 18,744,728) |
| Jun 25, 2023 | 24.02% | = | 100 | × | 4,510,931) | ÷ | 18,781,643) |
| Jun 26, 2022 | 26.78% | = | 100 | × | 4,605,286) | ÷ | 17,195,632) |
| Jun 27, 2021 | 24.59% | = | 100 | × | 3,908,458) | ÷ | 15,892,152) |
| Jun 28, 2020 | 15.47% | = | 100 | × | 2,251,753) | ÷ | 14,559,047) |
| Jun 30, 2019 | 18.26% | = | 100 | × | 2,191,430) | ÷ | 12,001,333) |
| Jun 24, 2018 | 19.08% | = | 100 | × | 2,380,681) | ÷ | 12,479,478) |
| Jun 25, 2017 | 14.00% | = | 100 | × | 1,697,763) | ÷ | 12,122,765) |
| Jun 26, 2016 | 7.45% | = | 100 | × | 914,049) | ÷ | 12,271,528) |
| Jun 28, 2015 | 7.00% | = | 100 | × | 655,577) | ÷ | 9,364,648) |
| Jun 29, 2014 | 7.91% | = | 100 | × | 632,289) | ÷ | 7,993,306) |
| Jun 30, 2013 | 1.57% | = | 100 | × | 113,879) | ÷ | 7,250,315) |
| Jun 24, 2012 | 2.11% | = | 100 | × | 168,723) | ÷ | 8,004,652) |
| Jun 26, 2011 | 17.84% | = | 100 | × | 723,748) | ÷ | 4,057,394) |
| Jun 27, 2010 | 13.94% | = | 100 | × | 346,669) | ÷ | 2,487,392) |
| Jun 28, 2009 | -15.48% | = | 100 | × | (302,148) | ÷ | 1,951,871) |
| Jun 29, 2008 | 15.65% | = | 100 | × | 439,349) | ÷ | 2,806,755) |
| Jun 24, 2007 | 32.63% | = | 100 | × | 685,816) | ÷ | 2,101,605) |
| Jun 25, 2006 | 14.51% | = | 100 | × | 335,755) | ÷ | 2,313,344) |
| Jun 26, 2005 | 20.66% | = | 100 | × | 299,341) | ÷ | 1,448,815) |
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), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-24), 10-K (reporting date: 2017-06-25), 10-K (reporting date: 2016-06-26), 10-K (reporting date: 2015-06-28), 10-K (reporting date: 2014-06-29), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-24), 10-K (reporting date: 2011-06-26), 10-K (reporting date: 2010-06-27), 10-K (reporting date: 2009-06-28), 10-K (reporting date: 2008-06-29), 10-K (reporting date: 2007-06-24), 10-K (reporting date: 2006-06-25), 10-K (reporting date: 2005-06-26).
1 US$ in thousands
The financial data reveals varying trends in net income, total assets, and return on assets (ROA) over the twenty-one year period under review.
- Net income (loss)
- The net income exhibited considerable fluctuations throughout the years. Initially, net income increased from 299,341 thousand US dollars in 2005 to a peak of 685,816 thousand US dollars in 2007, followed by a sharp decline to a net loss of 302,148 thousand US dollars in 2009. From 2010 onwards, the net income showed a general upward trend with some volatility, reaching multiple peaks such as 2,381,681 thousand US dollars in 2018 and 4,605,286 thousand US dollars in 2022. Despite some dips, the overall trajectory suggested robust growth culminating with net income of 5,358,217 thousand US dollars in 2025.
- Total assets
- Total assets demonstrated a long-term growth trend although some yearly contractions were observed. The asset base grew from 1,448,815 thousand US dollars in 2005 to a notable 8,004,652 thousand US dollars in 2012. The subsequent years maintained upward momentum reaching 18,781,643 thousand US dollars in 2023. Minor declines were noted in 2013 and 2019 despite the overall increase. Ending in 21,345,260 thousand US dollars in 2025, the total assets expanded substantially, indicating a significant scale-up in the company’s asset holdings.
- Return on Assets (ROA)
- ROA displayed considerable volatility in the initial years, with a marked negative figure of -15.48% in 2009 coinciding with reported net losses. Thereafter, the ROA steadily improved, reflecting better asset utilization and profitability, particularly from 2016 onward. The period from 2017 to 2025 is characterized by relatively high and stable ROA values fluctuating mainly between approximately 14% to over 26%, with a peak of 26.78% in 2022. This trend indicates enhanced efficiency in generating profits from the asset base in recent years.
Overall, the data indicates a company experiencing periods of volatility in earlier years, with significant improvements in profitability and asset growth in the more recent period. The upward trends in net income and total assets, combined with a strengthening ROA, suggest increasing operational efficiency and scale over the long term.
Comparison to Competitors
Lam Research Corp., ROA, long-term trends, comparison to competitors
| Lam Research Corp. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | Intel Corp. | KLA Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 29, 2025 | 25.10% | — | — | — | — | — | 25.28% | — | 65.30% | — | — |
| Jun 30, 2024 | 20.42% | 2.37% | 3.39% | 20.86% | 3.56% | -9.55% | 17.90% | 1.12% | 45.28% | 18.39% | 13.51% |
| Jun 25, 2023 | 24.02% | 1.26% | 6.79% | 22.31% | 19.33% | 0.88% | 24.07% | -9.08% | 10.61% | 14.17% | 20.12% |
| Jun 26, 2022 | 26.78% | 1.95% | 5.46% | 24.41% | 15.69% | 4.40% | 26.37% | 13.11% | 22.07% | 26.39% | 32.16% |
| Jun 27, 2021 | 24.59% | 25.46% | 2.66% | 22.80% | 8.91% | 11.80% | 20.23% | 9.96% | 15.05% | 21.93% | 31.48% |
| Jun 28, 2020 | 15.47% | 27.78% | 5.69% | 16.19% | 3.90% | 13.65% | 13.11% | 5.01% | 16.15% | 14.60% | 28.91% |
| Jun 30, 2019 | 18.26% | 5.66% | 6.37% | 14.22% | 4.04% | 15.42% | 13.05% | 12.91% | 31.15% | 13.31% | 27.84% |
| Jun 24, 2018 | 19.08% | 7.40% | 7.31% | 18.64% | 24.46% | 16.45% | 14.28% | 32.59% | 27.11% | -14.88% | 32.56% |
| Jun 25, 2017 | 14.00% | 1.21% | 3.44% | 17.68% | 3.11% | 7.79% | 16.74% | 14.40% | 16.93% | 3.77% | 20.87% |
| Jun 26, 2016 | 7.45% | -14.97% | 10.81% | 11.80% | -3.48% | 9.10% | 14.20% | -1.00% | 8.33% | 10.90% | 21.88% |
| Jun 28, 2015 | 7.00% | -21.23% | 9.87% | 9.00% | 12.88% | 11.08% | 7.59% | 12.01% | 8.76% | 10.38% | 18.40% |
| Jun 29, 2014 | 7.91% | -10.70% | 9.17% | 8.14% | 2.51% | 12.73% | 10.52% | 13.53% | 6.07% | 16.40% | 15.92% |
| Jun 30, 2013 | 1.57% | -1.91% | 10.55% | 2.13% | 16.16% | 10.42% | 10.27% | 6.22% | 8.77% | 15.06% | 11.42% |
| Jun 24, 2012 | 2.11% | -29.58% | 11.59% | 0.90% | 19.67% | 13.05% | 14.82% | -7.20% | 10.46% | 14.20% | 8.79% |
| Jun 26, 2011 | 17.84% | 9.91% | 16.44% | 13.90% | 22.57% | 18.20% | 16.99% | 1.13% | 5.63% | 11.70% | 10.91% |
| Jun 27, 2010 | 13.94% | 9.49% | 16.45% | 8.57% | 19.24% | 18.14% | 5.43% | 12.59% | -1.90% | 10.62% | 24.09% |
| Jun 28, 2009 | -15.48% | 3.35% | 7.28% | -3.19% | -2.23% | 8.23% | -14.50% | -16.02% | -0.90% | 5.80% | 12.13% |
| Jun 29, 2008 | 15.65% | -40.36% | 25.44% | 8.73% | — | 10.43% | 7.41% | -12.06% | 21.28% | 12.86% | 16.10% |
| Jun 24, 2007 | 32.63% | -29.26% | 16.72% | 16.05% | — | 12.54% | 11.42% | -2.16% | 16.78% | 17.86% | 20.98% |
| Jun 25, 2006 | 14.51% | -1.26% | 13.78% | 16.00% | — | 10.43% | 8.31% | 3.34% | 15.80% | 16.24% | 31.16% |
| Jun 26, 2005 | 20.66% | 2.27% | 9.05% | 10.74% | — | 17.93% | 11.71% | 2.35% | 6.16% | 17.17% | 15.43% |
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), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-24), 10-K (reporting date: 2017-06-25), 10-K (reporting date: 2016-06-26), 10-K (reporting date: 2015-06-28), 10-K (reporting date: 2014-06-29), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-24), 10-K (reporting date: 2011-06-26), 10-K (reporting date: 2010-06-27), 10-K (reporting date: 2009-06-28), 10-K (reporting date: 2008-06-29), 10-K (reporting date: 2007-06-24), 10-K (reporting date: 2006-06-25), 10-K (reporting date: 2005-06-26).
Comparison to Sector (Semiconductors & Semiconductor Equipment)
Lam Research Corp., ROA, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| Lam Research Corp. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Jun 29, 2025 | 25.10% | — |
| Jun 30, 2024 | 20.42% | 6.42% |
| Jun 25, 2023 | 24.02% | 7.41% |
| Jun 26, 2022 | 26.78% | 12.68% |
| Jun 27, 2021 | 24.59% | 13.62% |
| Jun 28, 2020 | 15.47% | 11.80% |
| Jun 30, 2019 | 18.26% | 13.37% |
| Jun 24, 2018 | 19.08% | 17.34% |
| Jun 25, 2017 | 14.00% | 8.44% |
| Jun 26, 2016 | 7.45% | 7.07% |
| Jun 28, 2015 | 7.00% | 10.73% |
| Jun 29, 2014 | 7.91% | 12.19% |
| Jun 30, 2013 | 1.57% | 10.15% |
| Jun 24, 2012 | 2.11% | 9.51% |
| Jun 26, 2011 | 17.84% | 13.81% |
| Jun 27, 2010 | 13.94% | 14.79% |
| Jun 28, 2009 | -15.48% | 3.61% |
| Jun 29, 2008 | 15.65% | 6.72% |
| Jun 24, 2007 | 32.63% | 9.62% |
| Jun 25, 2006 | 14.51% | 12.13% |
| Jun 26, 2005 | 20.66% | 14.01% |
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), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-24), 10-K (reporting date: 2017-06-25), 10-K (reporting date: 2016-06-26), 10-K (reporting date: 2015-06-28), 10-K (reporting date: 2014-06-29), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-24), 10-K (reporting date: 2011-06-26), 10-K (reporting date: 2010-06-27), 10-K (reporting date: 2009-06-28), 10-K (reporting date: 2008-06-29), 10-K (reporting date: 2007-06-24), 10-K (reporting date: 2006-06-25), 10-K (reporting date: 2005-06-26).
Comparison to Industry (Information Technology)
Lam Research Corp., ROA, long-term trends, comparison to industry (information technology)
| Lam Research Corp. | Information Technology | |
|---|---|---|
| Jun 29, 2025 | 25.10% | — |
| Jun 30, 2024 | 20.42% | 11.93% |
| Jun 25, 2023 | 24.02% | 12.50% |
| Jun 26, 2022 | 26.78% | 14.55% |
| Jun 27, 2021 | 24.59% | 14.65% |
| Jun 28, 2020 | 15.47% | 11.44% |
| Jun 30, 2019 | 18.26% | 11.78% |
| Jun 24, 2018 | 19.08% | 10.94% |
| Jun 25, 2017 | 14.00% | 9.05% |
| Jun 26, 2016 | 7.45% | 9.79% |
| Jun 28, 2015 | 7.00% | 11.53% |
| Jun 29, 2014 | 7.91% | 12.36% |
| Jun 30, 2013 | 1.57% | 13.26% |
| Jun 24, 2012 | 2.11% | 14.08% |
| Jun 26, 2011 | 17.84% | 15.10% |
| Jun 27, 2010 | 13.94% | 14.50% |
| Jun 28, 2009 | -15.48% | 10.08% |
| Jun 29, 2008 | 15.65% | 11.99% |
| Jun 24, 2007 | 32.63% | 12.03% |
| Jun 25, 2006 | 14.51% | 12.21% |
| Jun 26, 2005 | 20.66% | 12.76% |
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), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-24), 10-K (reporting date: 2017-06-25), 10-K (reporting date: 2016-06-26), 10-K (reporting date: 2015-06-28), 10-K (reporting date: 2014-06-29), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-24), 10-K (reporting date: 2011-06-26), 10-K (reporting date: 2010-06-27), 10-K (reporting date: 2009-06-28), 10-K (reporting date: 2008-06-29), 10-K (reporting date: 2007-06-24), 10-K (reporting date: 2006-06-25), 10-K (reporting date: 2005-06-26).