Lam Research Corp (LRCX)

Net profit margin

		Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Net income (ttm)	US$ in thousands	3,827,770	3,610,027	3,458,209	3,972,453	4,510,935	4,917,328	5,125,100	4,851,420	4,605,280	4,541,010	4,590,350	4,264,749	3,908,460	3,460,473	2,964,134	2,609,415	2,251,753	2,096,905	2,069,514	2,123,859
Revenue (ttm)	US$ in thousands	14,900,550	14,053,900	14,128,670	15,638,080	17,234,970	18,659,460	18,857,280	17,817,060	17,041,560	16,545,730	16,327,040	15,546,390	14,410,590	13,061,100	11,727,660	10,866,340	9,863,970	9,435,650	9,382,630	9,349,500
Net profit margin		25.69%	25.69%	24.48%	25.40%	26.17%	26.35%	27.18%	27.23%	27.02%	27.45%	28.12%	27.43%	27.12%	26.49%	25.27%	24.01%	22.83%	22.22%	22.06%	22.72%

June 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,827,770K ÷ $14,900,550K
= 25.69%

The net profit margin of Lam Research Corp has displayed a generally stable trend over the periods provided. The company's net profit margin has ranged from 22.06% to 28.12%. It reached its peak in the first quarter of 2022 at 28.12% and has seen fluctuations since then, settling at levels around the mid-20s percentage range.

This indicates that the company has been able to consistently generate profits relative to its revenue, with margins consistently above 20%. A stable or increasing net profit margin is a positive indicator of the company's ability to manage its costs effectively and generate strong profitability from its operations.

Overall, the net profit margin performance of Lam Research Corp suggests that the company has been able to maintain healthy profitability levels over the periods analyzed, which is a positive signal for investors and stakeholders.