Lam Research Corp (LRCX)

Net profit margin

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Net income	US$ in thousands	3,827,770	4,510,930	4,605,290	3,908,460	2,251,750
Revenue	US$ in thousands	14,900,500	17,235,000	17,041,600	14,410,600	9,863,980
Net profit margin		25.69%	26.17%	27.02%	27.12%	22.83%

June 30, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $3,827,770K ÷ $14,900,500K
= 25.69%

The net profit margin of Lam Research Corp has shown a decreasing trend over the past five years. The company's net profit margin was 25.69% in June 2024, a decrease from 26.17% in June 2023, and a further decline from 27.02% in June 2022. This downward trend continued from 27.12% in June 2021 and 22.83% in June 2020. Despite the slight fluctuations, the company has maintained a relatively healthy level of profitability over the years, although recent decreases may warrant further investigation into the company's cost structure and revenue generation strategies.