Lam Other Operating Expenses vs Operating Income Analysis

LRCX Stock

USD 925.37 23.90 2.65%

Lam Research financial indicator trend analysis is infinitely more than just investigating Lam Research Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lam Research Corp is a good investment. Please check the relationship between Lam Research Other Operating Expenses and its Operating Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lam Research Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Other Operating Expenses vs Operating Income

Other Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lam Research Corp Other Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Lam Research's Other Operating Expenses and Operating Income is 0.98. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Lam Research Corp, assuming nothing else is changed. The correlation between historical values of Lam Research's Other Operating Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Lam Research Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Other Operating Expenses i.e., Lam Research's Other Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lam Research Corp. It is also known as Lam Research overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Lam Research Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Lam Research Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Lam Research's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lam Research Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lam Research Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Selling General Administrative is likely to rise to about 1 B in 2024, whereas Tax Provision is likely to drop slightly above 396.4 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	7.9B	7.8B	8.9B	9.4B
Total Revenue	17.2B	17.4B	20.0B	21.0B

Gross Profit Total Revenue

Lam Research fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Short Term Investments	Property Plant And Equipment Gross	Common Stock
Total Assets		0.9	0.88	0.98	0.91	0.96	0.12	0.94	0.91	0.94	0.91	0.78	0.9	0.3	0.93	0.93	0.83	-0.84	0.97	0.99	-0.35	0.96	0.31	-0.31	0.88	0.31
Short Long Term Debt Total	0.9		0.72	0.87	0.68	0.84	0.36	0.84	0.91	0.74	0.8	0.82	0.83	0.19	0.97	0.79	0.69	-0.82	0.96	0.93	-0.24	0.84	0.13	-0.21	0.74	0.12
Other Current Liab	0.88	0.72		0.85	0.83	0.95	-0.04	0.96	0.79	0.88	0.95	0.52	0.76	0.0	0.81	0.97	0.65	-0.85	0.85	0.86	-0.56	0.92	0.03	-0.55	0.96	0.03
Total Current Liabilities	0.98	0.87	0.85		0.88	0.94	0.18	0.92	0.85	0.89	0.89	0.72	0.94	0.3	0.89	0.92	0.88	-0.84	0.95	0.97	-0.32	0.96	0.27	-0.3	0.87	0.27
Total Stockholder Equity	0.91	0.68	0.83	0.88		0.84	-0.14	0.79	0.79	0.92	0.75	0.74	0.72	0.5	0.7	0.81	0.77	-0.59	0.78	0.88	-0.17	0.82	0.54	-0.15	0.77	0.54
Property Plant And Equipment Net	0.96	0.84	0.95	0.94	0.84		0.14	0.99	0.84	0.95	0.98	0.59	0.89	0.11	0.92	0.98	0.79	-0.92	0.95	0.93	-0.53	0.98	0.15	-0.5	0.96	0.15
Net Debt	0.12	0.36	-0.04	0.18	-0.14	0.14		0.16	-0.07	0.04	0.16	0.07	0.27	-0.11	0.3	0.09	0.31	-0.31	0.26	0.15	0.03	0.17	-0.17	0.25	0.12	-0.17
Retained Earnings	0.94	0.84	0.96	0.92	0.79	0.99	0.16		0.83	0.9	0.99	0.57	0.89	0.02	0.93	0.99	0.77	-0.95	0.95	0.93	-0.59	0.98	0.04	-0.54	0.97	0.03
Cash	0.91	0.91	0.79	0.85	0.79	0.84	-0.07	0.83		0.78	0.79	0.85	0.76	0.25	0.9	0.8	0.6	-0.74	0.9	0.93	-0.27	0.83	0.21	-0.34	0.74	0.21
Non Current Assets Total	0.94	0.74	0.88	0.89	0.92	0.95	0.04	0.9	0.78		0.9	0.61	0.8	0.32	0.82	0.9	0.8	-0.77	0.87	0.88	-0.39	0.9	0.43	-0.36	0.89	0.43
Non Currrent Assets Other	0.91	0.8	0.95	0.89	0.75	0.98	0.16	0.99	0.79	0.9		0.48	0.88	-0.04	0.91	0.99	0.75	-0.95	0.93	0.88	-0.64	0.97	0.02	-0.6	0.97	0.02
Cash And Short Term Investments	0.78	0.82	0.52	0.72	0.74	0.59	0.07	0.57	0.85	0.61	0.48		0.56	0.56	0.71	0.52	0.52	-0.44	0.73	0.81	0.18	0.59	0.47	0.2	0.43	0.47
Net Receivables	0.9	0.83	0.76	0.94	0.72	0.89	0.27	0.89	0.76	0.8	0.88	0.56		0.14	0.88	0.88	0.9	-0.88	0.93	0.91	-0.49	0.95	0.13	-0.42	0.84	0.12
Common Stock Shares Outstanding	0.3	0.19	0.0	0.3	0.5	0.11	-0.11	0.02	0.25	0.32	-0.04	0.56	0.14		0.08	0.01	0.37	0.15	0.16	0.29	0.57	0.07	0.85	0.53	-0.04	0.85
Non Current Liabilities Total	0.93	0.97	0.81	0.89	0.7	0.92	0.3	0.93	0.9	0.82	0.91	0.71	0.88	0.08		0.88	0.73	-0.92	0.99	0.94	-0.46	0.92	0.08	-0.4	0.84	0.08
Inventory	0.93	0.79	0.97	0.92	0.81	0.98	0.09	0.99	0.8	0.9	0.99	0.52	0.88	0.01	0.88		0.77	-0.93	0.92	0.91	-0.6	0.98	0.03	-0.57	0.99	0.03
Other Current Assets	0.83	0.69	0.65	0.88	0.77	0.79	0.31	0.77	0.6	0.8	0.75	0.52	0.9	0.37	0.73	0.77		-0.7	0.8	0.82	-0.31	0.84	0.35	-0.19	0.75	0.34
Other Stockholder Equity	-0.84	-0.82	-0.85	-0.84	-0.59	-0.92	-0.31	-0.95	-0.74	-0.77	-0.95	-0.44	-0.88	0.15	-0.92	-0.93	-0.7		-0.91	-0.84	0.67	-0.92	0.15	0.6	-0.91	0.15
Total Liab	0.97	0.96	0.85	0.95	0.78	0.95	0.26	0.95	0.9	0.87	0.93	0.73	0.93	0.16	0.99	0.92	0.8	-0.91		0.98	-0.42	0.96	0.15	-0.37	0.87	0.15
Total Current Assets	0.99	0.93	0.86	0.97	0.88	0.93	0.15	0.93	0.93	0.88	0.88	0.81	0.91	0.29	0.94	0.91	0.82	-0.84	0.98		-0.32	0.95	0.26	-0.28	0.85	0.26
Short Term Debt	-0.35	-0.24	-0.56	-0.32	-0.17	-0.53	0.03	-0.59	-0.27	-0.39	-0.64	0.18	-0.49	0.57	-0.46	-0.6	-0.31	0.67	-0.42	-0.32		-0.56	0.45	0.82	-0.61	0.45
Accounts Payable	0.96	0.84	0.92	0.96	0.82	0.98	0.17	0.98	0.83	0.9	0.97	0.59	0.95	0.07	0.92	0.98	0.84	-0.92	0.96	0.95	-0.56		0.1	-0.48	0.95	0.1
Common Stock Total Equity	0.31	0.13	0.03	0.27	0.54	0.15	-0.17	0.04	0.21	0.43	0.02	0.47	0.13	0.85	0.08	0.03	0.35	0.15	0.15	0.26	0.45	0.1		0.44	0.01	1.0
Short Term Investments	-0.31	-0.21	-0.55	-0.3	-0.15	-0.5	0.25	-0.54	-0.34	-0.36	-0.6	0.2	-0.42	0.53	-0.4	-0.57	-0.19	0.6	-0.37	-0.28	0.82	-0.48	0.44		-0.6	0.44
Property Plant And Equipment Gross	0.88	0.74	0.96	0.87	0.77	0.96	0.12	0.97	0.74	0.89	0.97	0.43	0.84	-0.04	0.84	0.99	0.75	-0.91	0.87	0.85	-0.61	0.95	0.01	-0.6		0.0
Common Stock	0.31	0.12	0.03	0.27	0.54	0.15	-0.17	0.03	0.21	0.43	0.02	0.47	0.12	0.85	0.08	0.03	0.34	0.15	0.15	0.26	0.45	0.1	1.0	0.44	0.0

Click cells to compare fundamentals

Lam Research Account Relationship Matchups

Lam Research fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.6B	15.9B	17.2B	18.8B	21.6B	22.7B
Short Long Term Debt Total	5.8B	5.0B	5.0B	5.0B	5.8B	6.1B
Other Current Liab	1.3B	1.7B	2.0B	4.2B	4.8B	5.0B
Total Current Liabilities	3.2B	3.5B	4.6B	4.2B	4.8B	5.1B
Total Stockholder Equity	5.2B	6.0B	6.3B	8.2B	9.4B	9.9B
Property Plant And Equipment Net	1.1B	1.3B	1.6B	1.9B	2.1B	2.2B
Net Debt	895.6M	583.4M	1.5B	(325.5M)	(293.0M)	(278.3M)
Retained Earnings	11.5B	14.7B	18.5B	22.0B	25.3B	26.6B
Cash	4.9B	4.4B	3.5B	5.3B	6.1B	6.4B
Non Current Assets Total	3.7B	4.2B	4.9B	5.6B	6.4B	6.7B
Non Currrent Assets Other	981.0M	1.3B	1.6B	1.9B	2.2B	2.3B
Cash And Short Term Investments	6.7B	5.7B	3.7B	5.4B	6.2B	6.5B
Net Receivables	2.1B	3.0B	4.3B	2.8B	3.2B	3.4B
Common Stock Shares Outstanding	149.1M	145.3M	140.6M	135.8M	156.2M	132.1M
Liabilities And Stockholders Equity	14.6B	15.9B	17.2B	18.8B	21.6B	22.7B
Non Current Liabilities Total	6.2B	6.3B	6.4B	6.4B	7.3B	7.7B
Inventory	1.9B	2.7B	4.0B	4.8B	5.5B	5.8B
Other Current Assets	146.2M	207.5M	347.4M	214.1M	246.3M	258.6M
Other Stockholder Equity	(6.2B)	(8.6B)	(12.1B)	(13.7B)	(12.3B)	(11.7B)
Total Liab	9.4B	9.9B	10.9B	10.6B	12.2B	12.8B
Total Current Assets	10.9B	11.7B	12.3B	13.2B	15.2B	16.0B
Short Term Debt	839.9M	11.3M	7.4M	8.4M	9.6M	9.1M
Accounts Payable	376.6M	592.4M	829.7M	1.0B	1.2B	1.2B
Common Stock Total Equity	145K	143K	137K	133K	153.0K	135.8K
Short Term Investments	1.8B	1.3B	135.7M	37.6M	43.3M	41.1M
Property Plant And Equipment Gross	1.2B	1.3B	3.1B	3.5B	4.0B	4.2B
Accumulated Other Comprehensive Income	(94.2M)	(64.1M)	(110.0M)	(100.7M)	(90.6M)	(86.1M)
Common Stock	145K	143K	137K	133K	153.0K	135.0K
Current Deferred Revenue	457.5M	967.3M	1.6B	(1.0B)	(1.2B)	(1.1B)
Other Assets	806.5M	1.3B	1.6B	1.6B	1.8B	1.9B
Long Term Debt	5.0B	5.0B	5.0B	5.0B	5.8B	6.0B
Treasury Stock	(11.6B)	(12.9B)	(15.6B)	(19.5B)	(17.5B)	(16.7B)
Property Plant Equipment	1.2B	1.3B	1.6B	2.1B	2.4B	2.5B
Other Liab	1.1B	1.3B	1.4B	1.2B	1.4B	1.5B
Intangible Assets	168.5M	132.4M	101.9M	168.5M	193.7M	184.0M
Good Will	1.7B	1.6B	1.5B	1.6B	1.9B	1.6B
Net Tangible Assets	3.5B	4.4B	4.7B	6.4B	7.4B	4.1B
Retained Earnings Total Equity	11.5B	14.7B	18.5B	22.0B	25.3B	26.6B
Long Term Debt Total	5.0B	5.0B	5.0B	5.0B	5.8B	3.0B
Capital Surpluse	6.7B	7.1B	7.4B	7.8B	9.0B	6.4B

Lam Research Investors Sentiment

The influence of Lam Research's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Lam. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Lam Research's public news can be used to forecast risks associated with an investment in Lam. The trend in average sentiment can be used to explain how an investor holding Lam can time the market purely based on public headlines and social activities around Lam Research Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Lam Research's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Lam Research's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Lam Research's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Lam Research.

Lam Research Implied Volatility

37.24

Lam Research's implied volatility exposes the market's sentiment of Lam Research Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Lam Research's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Lam Research stock will not fluctuate a lot when Lam Research's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lam Research in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lam Research's short interest history, or implied volatility extrapolated from Lam Research options trading.

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When determining whether Lam Research Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lam Research's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lam Research Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lam Research Corp Stock:

How To Invest In Lam

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Is Lam Stock a good investment?

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What is Lam Research's Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lam Research Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Note that the Lam Research Corp information on this page should be used as a complementary analysis to other Lam Research's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for Lam Stock analysis

When running Lam Research's price analysis, check to measure Lam Research's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lam Research is operating at the current time. Most of Lam Research's value examination focuses on studying past and present price action to predict the probability of Lam Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lam Research's price. Additionally, you may evaluate how the addition of Lam Research to your portfolios can decrease your overall portfolio volatility.

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Is Lam Research's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lam Research. If investors know Lam will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lam Research listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.221

Dividend Share

7.725

Earnings Share

27.21

Revenue Per Share

107.675

Quarterly Revenue Growth

(0.02)

The market value of Lam Research Corp is measured differently than its book value, which is the value of Lam that is recorded on the company's balance sheet. Investors also form their own opinion of Lam Research's value that differs from its market value or its book value, called intrinsic value, which is Lam Research's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lam Research's market value can be influenced by many factors that don't directly affect Lam Research's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Lam Research's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lam Research is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lam Research's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Lam Other Operating Expenses vs Operating Income Analysis

Other Operating Expenses vs Operating Income

Other Operating Expenses vs Operating Income Correlation Analysis

Correlation Coefficient

Other Operating Expenses

Operating Income

Lam Research fundamental ratios Correlations

Lam Research Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Lam Research fundamental ratios Accounts

Lam Research Investors Sentiment

Lam Research Implied Volatility

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Total Current Assets	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Property Plant And Equipment Net
Non Currrent Assets Other	+ 0.99	Retained Earnings
Inventory	+ 0.99	Retained Earnings
Inventory	+ 0.99	Non Currrent Assets Other

Other Stockholder Equity	- 0.95	Non Currrent Assets Other
Other Stockholder Equity	- 0.95	Retained Earnings
Other Stockholder Equity	- 0.93	Inventory
Accounts Payable	- 0.92	Other Stockholder Equity
Other Stockholder Equity	- 0.92	Non Current Liabilities Total
Other Stockholder Equity	- 0.92	Property Plant And Equipment Net