Lam Research Corp (LRCX) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.29x

Lam Research Corp (LRCX) has a Cash Flow Reinvestment Rate of 0.29x as of March 2026, reinvesting $331.60 Million (capex $331.60 Million ) from operating cash flow of $1.14 Billion. See LRCX free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.29x
(Capex + Investments) / Operating CF

Total Reinvested

$331.60 Million
Capex + Investments

Operating Cash Flow

$1.14 Billion
USD

Capital Expenditures

$331.60 Million
USD

Lam Research Corp Cash Flow Reinvestment Rate (1990–2025)

Historical reinvestment intensity for Lam Research Corp across 32 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Lam Research Corp.

Annual Cash Flow Reinvestment Rate for Lam Research Corp (1990–2025)

Year-by-year capital reinvestment analysis for Lam Research Corp. See LRCX financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.24x $1.47 Billion $6.17 Billion $759.19 Million ▲ +44.1%
2024 0.16x $767.28 Million $4.65 Billion $396.67 Million ▼ -17.6%
2023 0.20x $1.04 Billion $5.18 Billion $501.57 Million ▼ -63.8%
2022 0.55x $1.71 Billion $3.10 Billion $546.03 Million ▲ +143.6%
2021 0.23x $813.62 Million $3.59 Billion $349.10 Million ▲ +120.9%
2020 0.10x $218.24 Million $2.13 Billion $203.24 Million ▼ -80.0%
2019 0.51x $1.63 Billion $3.18 Billion $303.49 Million ▼ -60.2%
2018 1.29x $3.43 Billion $2.66 Billion $273.47 Million ▲ +28.3%
2017 1.01x $2.04 Billion $2.03 Billion $157.42 Million ▲ +39.4%
2016 0.72x $974.16 Million $1.35 Billion $175.33 Million ▼ -50.7%
2015 1.46x $1.15 Billion $785.50 Million $198.26 Million ▲ +150.4%
2014 0.58x $419.47 Million $717.05 Million $145.50 Million ▲ +83.8%
2013 0.32x $229.20 Million $719.93 Million $160.79 Million ▼ -0.7%
2012 0.32x $160.00 Million $499.03 Million $107.27 Million ▼ -41.3%
2011 0.55x $481.44 Million $881.03 Million $127.50 Million ▲ +438.5%
2010 0.10x $35.59 Million $350.71 Million $35.59 Million ▼ -22.0%
2008 0.13x $76.80 Million $590.32 Million $76.80 Million ▲ +78.6%
2007 0.07x $60.00 Million $823.60 Million $60.00 Million ▼ -37.6%
2006 0.12x $42.08 Million $360.69 Million $42.08 Million ▲ +117.5%
2005 0.05x $22.85 Million $425.93 Million $22.85 Million ▼ -64.9%
2004 0.15x $24.03 Million $157.15 Million $24.03 Million ▼ -13.7%
2003 0.18x $12.26 Million $69.24 Million $12.26 Million ▼ -63.6%
2002 0.49x $10.62 Million $21.80 Million $10.62 Million ▲ +97.7%
2001 0.25x $64.39 Million $261.29 Million $64.39 Million ▼ -41.3%
2000 0.42x $50.36 Million $119.85 Million $50.36 Million ▼ -57.1%
1998 0.98x $50.21 Million $51.24 Million $50.21 Million ▲ +98.6%
1997 0.49x $39.55 Million $80.17 Million $39.55 Million ▼ -80.3%
1996 2.50x $66.59 Million $26.61 Million $66.59 Million ▼ -24.6%
1995 3.32x $63.41 Million $19.10 Million $63.41 Million ▲ +10.1%
1994 3.02x $19.00 Million $6.30 Million $19.00 Million ▼ -11.9%
1992 3.42x $8.90 Million $2.60 Million $8.90 Million ▲ +38.3%
1990 2.48x $9.90 Million $4.00 Million $9.90 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow