Lam Research Corp (LRCX) — Financial Flexibility Index
Lam Research Corp (LRCX) has a Financial Flexibility Index of 0.14x as of March 2026. Free cash flow of $1.47 Billion (operating CF $1.14 Billion minus capex $331.60 Million) represents 0% of total liabilities ($10.21 Billion). Check LRCX total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Lam Research Corp Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Lam Research Corp across 37 annual periods. For the full cash flow conversion analysis, see LRCX operating cash flow.
Annual Financial Flexibility Index for Lam Research Corp (1989–2025)
Year-by-year free cash flow to debt coverage for Lam Research Corp. Explore Lam Research Corp (LRCX) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.60x | $6.93 Billion | $6.17 Billion | $11.48 Billion | ▲ +22.0% |
| 2024 | 0.49x | $5.05 Billion | $4.65 Billion | $10.21 Billion | ▼ -7.9% |
| 2023 | 0.54x | $5.68 Billion | $5.18 Billion | $10.57 Billion | ▲ +60.9% |
| 2022 | 0.33x | $3.65 Billion | $3.10 Billion | $10.92 Billion | ▼ -16.3% |
| 2021 | 0.40x | $3.94 Billion | $3.59 Billion | $9.86 Billion | ▲ +60.6% |
| 2020 | 0.25x | $2.33 Billion | $2.13 Billion | $9.38 Billion | ▼ -48.0% |
| 2019 | 0.48x | $3.48 Billion | $3.18 Billion | $7.28 Billion | ▼ -3.7% |
| 2018 | 0.50x | $2.93 Billion | $2.66 Billion | $5.90 Billion | ▲ +16.6% |
| 2017 | 0.43x | $2.19 Billion | $2.03 Billion | $5.14 Billion | ▲ +72.2% |
| 2016 | 0.25x | $1.53 Billion | $1.35 Billion | $6.17 Billion | ▲ +1.0% |
| 2015 | 0.24x | $983.77 Million | $785.50 Million | $4.02 Billion | ▼ -21.1% |
| 2014 | 0.31x | $862.55 Million | $717.05 Million | $2.78 Billion | ▼ -9.3% |
| 2013 | 0.34x | $880.73 Million | $719.93 Million | $2.57 Billion | ▲ +51.4% |
| 2012 | 0.23x | $606.30 Million | $499.03 Million | $2.68 Billion | ▼ -64.4% |
| 2011 | 0.64x | $1.01 Billion | $881.03 Million | $1.59 Billion | ▲ +18.3% |
| 2010 | 0.54x | $386.30 Million | $350.71 Million | $719.26 Million | ▲ +891.5% |
| 2009 | -0.07x | $-33.85 Million | $-78.13 Million | $498.78 Million | ▼ -110.4% |
| 2008 | 0.65x | $667.12 Million | $590.32 Million | $1.02 Billion | ▼ -31.7% |
| 2007 | 0.96x | $883.60 Million | $823.60 Million | $925.00 Million | ▲ +117.5% |
| 2006 | 0.44x | $402.77 Million | $360.69 Million | $917.20 Million | ▼ -62.6% |
| 2005 | 1.18x | $448.78 Million | $425.93 Million | $381.92 Million | ▲ +150.5% |
| 2004 | 0.47x | $181.18 Million | $157.15 Million | $386.16 Million | ▲ +216.1% |
| 2003 | 0.15x | $81.51 Million | $69.24 Million | $549.19 Million | ▲ +338.3% |
| 2002 | 0.03x | $32.42 Million | $21.80 Million | $957.24 Million | ▼ -87.9% |
| 2001 | 0.28x | $325.68 Million | $261.29 Million | $1.16 Billion | ▲ +0.6% |
| 2000 | 0.28x | $170.21 Million | $119.85 Million | $609.41 Million | ▲ +4051.9% |
| 1999 | -0.01x | $-4.03 Million | $-37.22 Million | $570.50 Million | ▼ -104.4% |
| 1998 | 0.16x | $101.45 Million | $51.24 Million | $627.68 Million | ▼ -49.4% |
| 1997 | 0.32x | $119.71 Million | $80.17 Million | $374.81 Million | ▲ +23.2% |
| 1996 | 0.26x | $93.20 Million | $26.61 Million | $359.58 Million | ▼ -9.7% |
| 1995 | 0.29x | $82.50 Million | $19.10 Million | $287.39 Million | ▲ +132.3% |
| 1994 | 0.12x | $25.30 Million | $6.30 Million | $204.70 Million | ▲ +272.1% |
| 1993 | 0.03x | $4.60 Million | $-9.60 Million | $138.50 Million | ▼ -85.6% |
| 1992 | 0.23x | $11.50 Million | $2.60 Million | $50.00 Million | ▲ +1.5% |
| 1991 | 0.23x | $12.60 Million | $-400.00K | $55.60 Million | ▼ -15.5% |
| 1990 | 0.27x | $13.90 Million | $4.00 Million | $51.80 Million | ▲ +285.6% |
| 1989 | 0.07x | $2.70 Million | $-3.70 Million | $38.80 Million | — |