Lam Research

LRCX AI Infrastructure & Semiconductors 1/10 Low Risk

1/10

— 2 → 1 over 28 weeks

Sector avg: 2.4/10

▼

Risk Score Decreased

2/10 → 1/10

Score changed by 1 point as of 2026-09-06.

What changed

▼ Interest coverage: 31.6x → 44.0x (improved)

▼ Debt-to-equity: 0.42 → 0.30 (improved)

▼ Near-term maturity concentration: 16.7% → 0.0% (improved)

Lam Research carries $3.7B in long-term debt, with $3.8B in scheduled principal maturities. LRCX shows a strong cash position ($5.6B) that could cover most of its debt obligations. DebtCanary scores LRCX at 1/10, suggesting manageable refinancing risk.

Maturity Schedule

As of 2026-06-28 (latest SEC filing with maturity data). Debt actions taken after this date will only appear once SEC processes the relevant XBRL filing.

Period	Amount Due	% of Total
Year 1 (0-12 months)	$0	0.0%
Year 2 (12-24 months)	$0	0.0%
Year 3 (24-36 months)	$1.0B	26.7%
Year 4 (36-48 months)	$750M	20.0%
Year 5 (48-60 months)	$0	0.0%
Beyond 5 Years	$2.0B	53.3%
Total Scheduled Maturities	$3.8B	100.0%

Key Metrics

Total Long-Term Debt

$3.7B

Near-Term (12mo)

Interest Coverage

44.0x

Debt/Equity

0.30

Cash Coverage

N/A

Operating Income

$8.2B

How This Score Was Computed

Weighted average of 3 scored components (raw 1.00, rounded to 1). Weights of skipped components are redistributed proportionally among those scored.

Component	Value	Sub-Score	Weight Used
Near-Term Maturity Concentration Show calculation Year-1 maturities / Total scheduled maturities Year-1 maturities: $0 Total scheduled maturities: $3.8B	0.0%	1/10	37%
Interest Coverage Ratio Show calculation Operating income / Interest expense Operating income: $8.2B Interest expense: $186M	43.98x	1/10	31%
Debt-to-Equity Ratio Show calculation Long-term debt / Stockholders' equity Long-term debt: $3.7B Stockholders' equity: $12.5B	0.30	1/10	31%
Cash Coverage of Near-Term Debt No near-term debt obligation was reported (no Year-1 maturity bucket and no balance-sheet short-term debt).	N/A	—	not scored
Cash Runway Only scored when a company is burning cash. Operating cash flow is positive (or unreported), so runway isn't a constraint.	N/A	—	not scored

"Weight Used" shows each component's share after the weights of unscored components are redistributed. Full thresholds and formulas are on the methodology page.

Recent SEC Filings

Material disclosures from Lam Research's most recent EDGAR filings. 8-K item labels indicate the type of event reported.

Date	Form	Details
2026-08-27	8-K	Officer / Director Change
2026-08-07	10-K	Annual report
2026-07-29	8-K	Earnings Results
2026-04-23	10-Q	Quarterly report
2026-04-22	8-K	Earnings Results
2026-02-03	8-K	Officer / Director Change
2026-01-29	10-Q	Quarterly report
2026-01-28	8-K	Earnings Results

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Data Source: Financial data sourced from SEC EDGAR XBRL filings (10-K annual reports). Fiscal period end: 2026-06-28. Filing date: 2026-08-07. Data last fetched: 2026-09-06. Maturity schedules reflect the company's most recently reported debt repayment obligations. Data quality: Partial.
View SEC EDGAR filings for Lam Research →