Lam Research Corp (LRCX) — Capital Reinvestment Ratio
Lam Research Corp (LRCX) has a Capital Reinvestment Ratio of 0.29x as of March 2026, meaning it reinvests 0% of its operating cash flow ($1.14 Billion) in capital expenditures ($331.60 Million). Check LRCX tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Lam Research Corp Capital Reinvestment Ratio (1990–2025)
This chart tracks Lam Research Corp's Capital Reinvestment Ratio across 32 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Lam Research Corp.
Annual Capital Reinvestment Ratio for Lam Research Corp (1990–2025)
Year-by-year Capital Reinvestment Ratio for Lam Research Corp from 1990 to 2025. See LRCX free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.12x | $6.17 Billion | $759.19 Million | ▲ +44.2% |
| 2024 | 0.09x | $4.65 Billion | $396.67 Million | ▼ -12.0% |
| 2023 | 0.10x | $5.18 Billion | $501.57 Million | ▼ -45.0% |
| 2022 | 0.18x | $3.10 Billion | $546.03 Million | ▲ +81.1% |
| 2021 | 0.10x | $3.59 Billion | $349.10 Million | ▲ +1.8% |
| 2020 | 0.10x | $2.13 Billion | $203.24 Million | ▲ +0.0% |
| 2019 | 0.10x | $3.18 Billion | $303.49 Million | ▼ -7.2% |
| 2018 | 0.10x | $2.66 Billion | $273.47 Million | ▲ +32.7% |
| 2017 | 0.08x | $2.03 Billion | $157.42 Million | ▼ -40.3% |
| 2016 | 0.13x | $1.35 Billion | $175.33 Million | ▼ -48.6% |
| 2015 | 0.25x | $785.50 Million | $198.26 Million | ▲ +24.4% |
| 2014 | 0.20x | $717.05 Million | $145.50 Million | ▼ -9.1% |
| 2013 | 0.22x | $719.93 Million | $160.79 Million | ▲ +3.9% |
| 2012 | 0.21x | $499.03 Million | $107.27 Million | ▲ +48.5% |
| 2011 | 0.14x | $881.03 Million | $127.50 Million | ▲ +42.6% |
| 2010 | 0.10x | $350.71 Million | $35.59 Million | ▼ -22.0% |
| 2008 | 0.13x | $590.32 Million | $76.80 Million | ▲ +78.6% |
| 2007 | 0.07x | $823.60 Million | $60.00 Million | ▼ -37.6% |
| 2006 | 0.12x | $360.69 Million | $42.08 Million | ▲ +117.5% |
| 2005 | 0.05x | $425.93 Million | $22.85 Million | ▼ -64.9% |
| 2004 | 0.15x | $157.15 Million | $24.03 Million | ▼ -13.7% |
| 2003 | 0.18x | $69.24 Million | $12.26 Million | ▼ -63.6% |
| 2002 | 0.49x | $21.80 Million | $10.62 Million | ▲ +97.7% |
| 2001 | 0.25x | $261.29 Million | $64.39 Million | ▼ -41.3% |
| 2000 | 0.42x | $119.85 Million | $50.36 Million | ▼ -57.1% |
| 1998 | 0.98x | $51.24 Million | $50.21 Million | ▲ +98.6% |
| 1997 | 0.49x | $80.17 Million | $39.55 Million | ▼ -80.3% |
| 1996 | 2.50x | $26.61 Million | $66.59 Million | ▼ -24.6% |
| 1995 | 3.32x | $19.10 Million | $63.41 Million | ▲ +10.1% |
| 1994 | 3.02x | $6.30 Million | $19.00 Million | ▼ -11.9% |
| 1992 | 3.42x | $2.60 Million | $8.90 Million | ▲ +38.3% |
| 1990 | 2.48x | $4.00 Million | $9.90 Million | — |