Stock Analysis on Net
Stock Analysis on Net

Lam Research Corp. (NASDAQ:LRCX)

デュポン分析: ROE、ROA、純利益率の内訳 
四半期データ

Microsoft Excel

ROE分解では、純利益を株主資本で割ったものを構成比率の積として表します。

ROEを2つのコンポーネントに分解

Lam Research Corp.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = ROA × 財務レバレッジ比率
2023/12/24 42.06% = 18.41% × 2.28
2023/09/24 49.36% = 21.43% × 2.30
2023/06/25 54.94% = 24.02% × 2.29
2023/03/26 58.49% = 25.55% × 2.29
2022/12/25 61.71% = 26.68% × 2.31
2022/09/25 65.45% = 25.91% × 2.53
2022/06/26 73.35% = 26.78% × 2.74
2022/03/27 75.35% = 27.37% × 2.75
2021/12/26 70.88% = 27.51% × 2.58
2021/09/26 73.28% = 27.40% × 2.67
2021/06/27 64.85% = 24.59% × 2.64
2021/03/28 64.42% = 22.64% × 2.85
2020/12/27 53.86% = 19.28% × 2.79
2020/09/27 48.15% = 17.33% × 2.78
2020/06/28 43.53% = 15.47% × 2.81
2020/03/29 46.21% = 16.21% × 2.85
2019/12/29 47.26% = 17.37% × 2.72
2019/09/29 43.02% = 17.21% × 2.50
2019/06/30 46.89% = 18.26% × 2.57
2019/03/31 50.48% = 20.71% × 2.44
2018/12/23 50.17% = 26.95% × 1.86
2018/09/23 43.65% = 21.20% × 2.06
2018/06/24 36.62% = 19.08% × 1.92
2018/03/25 — = — × 2.01
2017/12/24 — = — × 2.10
2017/09/24 — = — × 1.71

レポートに基づく: 10-Q (報告日: 2023-12-24), 10-Q (報告日: 2023-09-24), 10-K (報告日: 2023-06-25), 10-Q (報告日: 2023-03-26), 10-Q (報告日: 2022-12-25), 10-Q (報告日: 2022-09-25), 10-K (報告日: 2022-06-26), 10-Q (報告日: 2022-03-27), 10-Q (報告日: 2021-12-26), 10-Q (報告日: 2021-09-26), 10-K (報告日: 2021-06-27), 10-Q (報告日: 2021-03-28), 10-Q (報告日: 2020-12-27), 10-Q (報告日: 2020-09-27), 10-K (報告日: 2020-06-28), 10-Q (報告日: 2020-03-29), 10-Q (報告日: 2019-12-29), 10-Q (報告日: 2019-09-29), 10-K (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-Q (報告日: 2018-12-23), 10-Q (報告日: 2018-09-23), 10-K (報告日: 2018-06-24), 10-Q (報告日: 2018-03-25), 10-Q (報告日: 2017-12-24), 10-Q (報告日: 2017-09-24).

2024年第2 四半期に株主資本利益率(ROE)が低下した主な理由は、総資産利益率(ROA)で測定した収益性の低下です。

ROEを3つの要素に分解

Lam Research Corp.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = 純利益率 × 資産回転率 × 財務レバレッジ比率
2023/12/24 42.06% = 24.15% × 0.76 × 2.28
2023/09/24 49.36% = 25.08% × 0.85 × 2.30
2023/06/25 54.94% = 25.88% × 0.93 × 2.29
2023/03/26 58.49% = 26.08% × 0.98 × 2.29
2022/12/25 61.71% = 26.91% × 0.99 × 2.31
2022/09/25 65.45% = 26.96% × 0.96 × 2.53
2022/06/26 73.35% = 26.73% × 1.00 × 2.74
2022/03/27 75.35% = 27.13% × 1.01 × 2.75
2021/12/26 70.88% = 27.78% × 0.99 × 2.58
2021/09/26 73.28% = 27.07% × 1.01 × 2.67
2021/06/27 64.85% = 26.72% × 0.92 × 2.64
2021/03/28 64.42% = 26.07% × 0.87 × 2.85
2020/12/27 53.86% = 24.85% × 0.78 × 2.79
2020/09/27 48.15% = 23.60% × 0.73 × 2.78
2020/06/28 43.53% = 22.42% × 0.69 × 2.81
2020/03/29 46.21% = 21.81% × 0.74 × 2.85
2019/12/29 47.26% = 21.67% × 0.80 × 2.72
2019/09/29 43.02% = 22.38% × 0.77 × 2.50
2019/06/30 46.89% = 22.70% × 0.80 × 2.57
2019/03/31 50.48% = 25.64% × 0.81 × 2.44
2018/12/23 50.17% = 26.70% × 1.01 × 1.86
2018/09/23 43.65% = 21.26% × 1.00 × 2.06
2018/06/24 36.62% = 21.49% × 0.89 × 1.92
2018/03/25 — = — × — × 2.01
2017/12/24 — = — × — × 2.10
2017/09/24 — = — × — × 1.71

レポートに基づく: 10-Q (報告日: 2023-12-24), 10-Q (報告日: 2023-09-24), 10-K (報告日: 2023-06-25), 10-Q (報告日: 2023-03-26), 10-Q (報告日: 2022-12-25), 10-Q (報告日: 2022-09-25), 10-K (報告日: 2022-06-26), 10-Q (報告日: 2022-03-27), 10-Q (報告日: 2021-12-26), 10-Q (報告日: 2021-09-26), 10-K (報告日: 2021-06-27), 10-Q (報告日: 2021-03-28), 10-Q (報告日: 2020-12-27), 10-Q (報告日: 2020-09-27), 10-K (報告日: 2020-06-28), 10-Q (報告日: 2020-03-29), 10-Q (報告日: 2019-12-29), 10-Q (報告日: 2019-09-29), 10-K (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-Q (報告日: 2018-12-23), 10-Q (報告日: 2018-09-23), 10-K (報告日: 2018-06-24), 10-Q (報告日: 2018-03-25), 10-Q (報告日: 2017-12-24), 10-Q (報告日: 2017-09-24).

2024年第2 四半期の株主資本利益率(ROE)が低下した主な理由は、資産回転率で測定される効率性の低下です。

ROAを2つのコンポーネントに分解

Lam Research Corp.、 ROA の分解(四半期データ)

Microsoft Excel
ROA = 純利益率 × 資産回転率
2023/12/24 18.41% = 24.15% × 0.76
2023/09/24 21.43% = 25.08% × 0.85
2023/06/25 24.02% = 25.88% × 0.93
2023/03/26 25.55% = 26.08% × 0.98
2022/12/25 26.68% = 26.91% × 0.99
2022/09/25 25.91% = 26.96% × 0.96
2022/06/26 26.78% = 26.73% × 1.00
2022/03/27 27.37% = 27.13% × 1.01
2021/12/26 27.51% = 27.78% × 0.99
2021/09/26 27.40% = 27.07% × 1.01
2021/06/27 24.59% = 26.72% × 0.92
2021/03/28 22.64% = 26.07% × 0.87
2020/12/27 19.28% = 24.85% × 0.78
2020/09/27 17.33% = 23.60% × 0.73
2020/06/28 15.47% = 22.42% × 0.69
2020/03/29 16.21% = 21.81% × 0.74
2019/12/29 17.37% = 21.67% × 0.80
2019/09/29 17.21% = 22.38% × 0.77
2019/06/30 18.26% = 22.70% × 0.80
2019/03/31 20.71% = 25.64% × 0.81
2018/12/23 26.95% = 26.70% × 1.01
2018/09/23 21.20% = 21.26% × 1.00
2018/06/24 19.08% = 21.49% × 0.89
2018/03/25 — = — × —
2017/12/24 — = — × —
2017/09/24 — = — × —

レポートに基づく: 10-Q (報告日: 2023-12-24), 10-Q (報告日: 2023-09-24), 10-K (報告日: 2023-06-25), 10-Q (報告日: 2023-03-26), 10-Q (報告日: 2022-12-25), 10-Q (報告日: 2022-09-25), 10-K (報告日: 2022-06-26), 10-Q (報告日: 2022-03-27), 10-Q (報告日: 2021-12-26), 10-Q (報告日: 2021-09-26), 10-K (報告日: 2021-06-27), 10-Q (報告日: 2021-03-28), 10-Q (報告日: 2020-12-27), 10-Q (報告日: 2020-09-27), 10-K (報告日: 2020-06-28), 10-Q (報告日: 2020-03-29), 10-Q (報告日: 2019-12-29), 10-Q (報告日: 2019-09-29), 10-K (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-Q (報告日: 2018-12-23), 10-Q (報告日: 2018-09-23), 10-K (報告日: 2018-06-24), 10-Q (報告日: 2018-03-25), 10-Q (報告日: 2017-12-24), 10-Q (報告日: 2017-09-24).

2024年第2 四半期の総資産利益率(ROA)の低下の主な理由は、資産回転率の低下です。