Lam Research Corporation
$383.11B- Market cap
- $384.97B
- Debt
- +$3.72B
- Cash
- −$5.58B
Capital structure 99% equity / 1% debt · EV / Revenue 16.49x · EV / EBITDA 43.55x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: LRCX stock price vs MSI: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at MSI's multiple
Needs MSI P/E.
Implied fair value · at LRCX's multiple
Needs LRCX P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: LRCX FY 2026 (ended Jun 28, 2026) · MSI FY 2025 (ended Dec 31, 2025). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 99% equity / 1% debt · EV / Revenue 16.49x · EV / EBITDA 43.55x
Capital structure 89% equity / 11% debt · EV / Revenue 7.32x · EV / EBITDA 22.05x
LRCX carries the larger enterprise value at $383.11B against $85.46B; MSI trades on the lower EV / Revenue multiple (7.32x vs 16.49x); MSI on the lower EV / EBITDA (22.05x vs 43.55x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
LAM RESEARCH CORPORATION · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Motorola Solutions, Inc. · implied price per share
Bear
$139.35
Base
$175.82
Bull
$225.01
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.30x
3.80x
Net debt / EBITDA
Leverage against operating earnings
-0.21x
2.06x
Cash and equivalents
Liquid reserves on the balance sheet
$5.58B
$1.17B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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