Lam Research Corp (LRCX) — Cash Flow Quality Index
Latest as of March 2026:
0.63x
Lam Research Corp (LRCX) has a Cash Flow Quality Index of 0.63x as of March 2026. Operating cash flow of $1.14 Billion is below net income of $1.83 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore Lam Research Corp cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.63x
Operating CF / Net Income
Operating Cash Flow
$1.14 Billion
USD
Net Income
$1.83 Billion
USD
Data as of
Mar 2026
Most recent filing
Lam Research Corp Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Lam Research Corp across 30 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see LRCX cash generation efficiency.
Annual Cash Flow Quality Index for Lam Research Corp (1989–2025)
Year-by-year earnings quality comparison for Lam Research Corp.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.15x | $6.17 Billion | $5.36 Billion | ▼ -5.2% |
| 2024 | 1.22x | $4.65 Billion | $3.83 Billion | ▲ +5.9% |
| 2023 | 1.15x | $5.18 Billion | $4.51 Billion | ▲ +70.6% |
| 2022 | 0.67x | $3.10 Billion | $4.61 Billion | ▼ -26.7% |
| 2021 | 0.92x | $3.59 Billion | $3.91 Billion | ▼ -2.8% |
| 2020 | 0.94x | $2.13 Billion | $2.25 Billion | ▼ -34.8% |
| 2019 | 1.45x | $3.18 Billion | $2.19 Billion | ▲ +29.9% |
| 2018 | 1.12x | $2.66 Billion | $2.38 Billion | ▼ -6.7% |
| 2017 | 1.20x | $2.03 Billion | $1.70 Billion | ▼ -19.1% |
| 2016 | 1.48x | $1.35 Billion | $914.05 Million | ▲ +23.3% |
| 2015 | 1.20x | $785.50 Million | $655.58 Million | ▲ +5.7% |
| 2014 | 1.13x | $717.05 Million | $632.29 Million | ▼ -82.1% |
| 2013 | 6.32x | $719.93 Million | $113.88 Million | ▲ +113.7% |
| 2012 | 2.96x | $499.03 Million | $168.72 Million | ▲ +143.0% |
| 2011 | 1.22x | $881.03 Million | $723.75 Million | ▲ +20.3% |
| 2010 | 1.01x | $350.71 Million | $346.67 Million | ▼ -24.7% |
| 2008 | 1.34x | $590.32 Million | $439.35 Million | ▲ +11.9% |
| 2007 | 1.20x | $823.60 Million | $686.00 Million | ▲ +11.8% |
| 2006 | 1.07x | $360.69 Million | $335.75 Million | ▼ -24.5% |
| 2005 | 1.42x | $425.93 Million | $299.34 Million | ▼ -24.9% |
| 2004 | 1.89x | $157.15 Million | $82.99 Million | ▼ -62.2% |
| 2001 | 5.01x | $261.29 Million | $52.11 Million | ▲ +756.7% |
| 2000 | 0.59x | $119.85 Million | $204.76 Million | ▲ +210.3% |
| 1996 | 0.19x | $26.61 Million | $141.09 Million | ▼ -11.9% |
| 1995 | 0.21x | $19.10 Million | $89.21 Million | ▲ +28.4% |
| 1994 | 0.17x | $6.30 Million | $37.80 Million | ▲ +132.8% |
| 1993 | -0.51x | $-9.60 Million | $18.90 Million | ▼ -293.4% |
| 1992 | 0.26x | $2.60 Million | $9.90 Million | ▲ +500.5% |
| 1991 | -0.07x | $-400.00K | $6.10 Million | ▲ +83.5% |
| 1989 | -0.40x | $-3.70 Million | $9.30 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.