Lam Research Corp (LRCX) — Cash Flow Quality Index
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 LRCX long-term investments to assets to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. Check Lam Research Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Lam Research Corp (1989–2025)
Year-by-year earnings quality comparison for Lam Research Corp. For live market cap and the full company financial profile, see market cap of 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 | — |