AMAT vs LRCX

Applied Materials and Lam Research, both Technology

Applied Materials is the larger company at $490B against $487B. On trailing earnings AMAT is the cheaper of the two at a P/E of 40.8 against 56.3, a gap that is only a bargain if the two are growing at similar rates. Over the past year LRCX returned +228% against +195% for AMAT. Ryufin's sector-relative Smart Score puts LRCX ahead, 8/10 against 5/10.

Applied Materials and Lam Researchcompared on valuation, return and Ryufin’s Smart Score
FigureAMATLRCX
Last close$473$324
Market cap$490B$487B
Trailing P/Elower is cheaper for the same earnings, not automatically better40.856.3
Dividend yield0.4%0.3%
1-year return+195%+228%
5-year return+257%+454%
Ryufin Smart Scoresector-relative, 1–105/108/10

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Applied Materials

Revenue of $9.1B in Q3 2026, net income $2.5B. Its largest reported line is China, 30% of the disclosed total.

Lam Research

Revenue of $6.7B in Q4 2026, net income $2.3B. Its largest reported line is Taiwan, 28% of the disclosed total.

Open these two in the interactive comparison to add more names, change the period or see the correlation.