Lam Research CorporationLRCX
NasdaqGS•Technology•Semiconductor Equipment & Materials
Understand cash generation quality and how management allocates capital.
Free cash flow was $809.82M in the latest quarter (20.7% decrease YoY). FCF margin is 3.7%. Shares outstanding declined by 2.7% year-over-year, indicating buybacks (returning capital to shareholders). Free cash flow is the lifeblood of a business — it funds dividends, buybacks, debt reduction, and reinvestment without relying on external capital.
Free cash flow, earnings quality, and capital allocation