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 Lam Research Corp (LRCX) cash flow conversion to assess how effectively this company generates cash.
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 investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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 Lam Research Corp market capitalisation.
| 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 | — |