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Side-by-side financial comparison of Lam Research (LRCX) and Stanley Black & Decker (SWK). Click either name above to swap in a different company.
Lam Research is the larger business by last-quarter revenue ($5.8B vs $3.8B, roughly 1.6× Stanley Black & Decker). Lam Research runs the higher net margin — 31.2% vs 1.4%, a 29.9% gap on every dollar of revenue. On growth, Lam Research posted the faster year-over-year revenue change (23.8% vs 0.1%). Over the past eight quarters, Lam Research's revenue compounded faster (22.8% CAGR vs 0.3%).
Lam Research Corporation is an American supplier of wafer-fabrication equipment and related services to the semiconductor industry. Its products are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices and their wiring (interconnects). The company also builds equipment for back-end wafer-level packaging (WLP) and for related manufacturing markets such as for microelectromechanical systems (MEMS).
Stanley Black & Decker, Inc., formerly known as The Stanley Works, is an American manufacturer of industrial tools and household hardware, and a provider of security products. Headquartered in the Greater Hartford city of New Britain, Connecticut, Stanley Black & Decker is the result of the merger of The Stanley Works and Black & Decker on March 12, 2010.
LRCX vs SWK — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $5.8B | $3.8B |
| Net Profit | $1.8B | $51.4M |
| Gross Margin | 49.8% | 31.4% |
| Operating Margin | 35.0% | — |
| Net Margin | 31.2% | 1.4% |
| Revenue YoY | 23.8% | 0.1% |
| Net Profit YoY | 37.2% | -43.6% |
| EPS (diluted) | $1.45 | $0.34 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $5.8B | — | ||
| Q4 25 | $5.3B | — | ||
| Q3 25 | $5.3B | $3.8B | ||
| Q2 25 | $5.2B | $3.9B | ||
| Q1 25 | $4.7B | $3.7B | ||
| Q4 24 | $4.4B | $3.7B | ||
| Q3 24 | $4.2B | $3.8B | ||
| Q2 24 | $3.9B | $4.0B |
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | $51.4M | ||
| Q2 25 | $1.7B | $101.9M | ||
| Q1 25 | $1.3B | $90.4M | ||
| Q4 24 | $1.2B | $194.9M | ||
| Q3 24 | $1.1B | $91.1M | ||
| Q2 24 | $1.0B | $-11.2M |
| Q1 26 | 49.8% | — | ||
| Q4 25 | 49.6% | — | ||
| Q3 25 | 50.4% | 31.4% | ||
| Q2 25 | 50.1% | 27.0% | ||
| Q1 25 | 49.0% | 29.9% | ||
| Q4 24 | 47.4% | 30.8% | ||
| Q3 24 | 48.0% | 29.9% | ||
| Q2 24 | 47.5% | 28.4% |
| Q1 26 | 35.0% | — | ||
| Q4 25 | 33.9% | — | ||
| Q3 25 | 34.4% | — | ||
| Q2 25 | 33.7% | — | ||
| Q1 25 | 33.1% | — | ||
| Q4 24 | 30.5% | 3.4% | ||
| Q3 24 | 30.3% | 10.6% | ||
| Q2 24 | 29.1% | 9.5% |
| Q1 26 | 31.2% | — | ||
| Q4 25 | 29.8% | — | ||
| Q3 25 | 29.5% | 1.4% | ||
| Q2 25 | 33.3% | 2.6% | ||
| Q1 25 | 28.2% | 2.4% | ||
| Q4 24 | 27.2% | 5.2% | ||
| Q3 24 | 26.8% | 2.4% | ||
| Q2 24 | 26.4% | -0.3% |
| Q1 26 | $1.45 | — | ||
| Q4 25 | $1.26 | — | ||
| Q3 25 | $1.24 | $0.34 | ||
| Q2 25 | $1.34 | $0.67 | ||
| Q1 25 | $1.03 | $0.60 | ||
| Q4 24 | $0.92 | $1.29 | ||
| Q3 24 | $0.86 | $0.60 | ||
| Q2 24 | $7.78 | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.8B | $268.3M |
| Total DebtLower is stronger | — | $5.3B |
| Stockholders' EquityBook value | — | $9.0B |
| Total Assets | $20.8B | $21.8B |
| Debt / EquityLower = less leverage | — | 0.59× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $4.8B | — | ||
| Q4 25 | $6.2B | — | ||
| Q3 25 | $6.7B | $268.3M | ||
| Q2 25 | $6.4B | $311.8M | ||
| Q1 25 | $5.5B | $344.8M | ||
| Q4 24 | $5.7B | $290.5M | ||
| Q3 24 | $6.1B | $298.7M | ||
| Q2 24 | $5.8B | $318.5M |
| Q1 26 | — | — | ||
| Q4 25 | $3.7B | — | ||
| Q3 25 | $3.7B | $5.3B | ||
| Q2 25 | $3.7B | $5.6B | ||
| Q1 25 | $3.7B | $5.6B | ||
| Q4 24 | $4.5B | $6.1B | ||
| Q3 24 | $4.5B | $6.1B | ||
| Q2 24 | $4.5B | $6.1B |
| Q1 26 | — | — | ||
| Q4 25 | $10.1B | — | ||
| Q3 25 | $10.2B | $9.0B | ||
| Q2 25 | $9.9B | $9.1B | ||
| Q1 25 | $9.5B | $8.8B | ||
| Q4 24 | $8.8B | $8.7B | ||
| Q3 24 | $8.5B | $8.9B | ||
| Q2 24 | $8.5B | $8.7B |
| Q1 26 | $20.8B | — | ||
| Q4 25 | $21.4B | — | ||
| Q3 25 | $21.9B | $21.8B | ||
| Q2 25 | $21.3B | $22.5B | ||
| Q1 25 | $20.0B | $22.5B | ||
| Q4 24 | $19.8B | $21.8B | ||
| Q3 24 | $19.5B | $22.5B | ||
| Q2 24 | $18.7B | $22.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.37× | — | ||
| Q3 25 | 0.37× | 0.59× | ||
| Q2 25 | 0.38× | 0.62× | ||
| Q1 25 | 0.39× | 0.63× | ||
| Q4 24 | 0.51× | 0.70× | ||
| Q3 24 | 0.53× | 0.69× | ||
| Q2 24 | 0.52× | 0.70× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.1B | $221.2M |
| Free Cash FlowOCF − Capex | — | $155.3M |
| FCF MarginFCF / Revenue | — | 4.1% |
| Capex IntensityCapex / Revenue | 5.7% | 1.8% |
| Cash ConversionOCF / Net Profit | 0.63× | 4.30× |
| TTM Free Cash FlowTrailing 4 quarters | — | $369.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.8B | $221.2M | ||
| Q2 25 | $2.6B | $214.3M | ||
| Q1 25 | $1.3B | $-420.0M | ||
| Q4 24 | $741.9M | $679.1M | ||
| Q3 24 | $1.6B | $285.8M | ||
| Q2 24 | $862.4M | $573.0M |
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.6B | $155.3M | ||
| Q2 25 | $2.4B | $134.7M | ||
| Q1 25 | $1.0B | $-485.0M | ||
| Q4 24 | $553.6M | $564.6M | ||
| Q3 24 | $1.5B | $199.3M | ||
| Q2 24 | $761.7M | $485.8M |
| Q1 26 | — | — | ||
| Q4 25 | 22.8% | — | ||
| Q3 25 | 29.9% | 4.1% | ||
| Q2 25 | 46.1% | 3.4% | ||
| Q1 25 | 21.6% | -13.0% | ||
| Q4 24 | 12.7% | 15.2% | ||
| Q3 24 | 35.0% | 5.3% | ||
| Q2 24 | 19.7% | 12.1% |
| Q1 26 | 5.7% | — | ||
| Q4 25 | 4.9% | — | ||
| Q3 25 | 3.5% | 1.8% | ||
| Q2 25 | 3.3% | 2.0% | ||
| Q1 25 | 6.1% | 1.7% | ||
| Q4 24 | 4.3% | 3.1% | ||
| Q3 24 | 2.7% | 2.3% | ||
| Q2 24 | 2.6% | 2.2% |
| Q1 26 | 0.63× | — | ||
| Q4 25 | 0.93× | — | ||
| Q3 25 | 1.13× | 4.30× | ||
| Q2 25 | 1.48× | 2.10× | ||
| Q1 25 | 0.98× | -4.65× | ||
| Q4 24 | 0.62× | 3.48× | ||
| Q3 24 | 1.40× | 3.14× | ||
| Q2 24 | 0.85× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LRCX
Segment breakdown not available.
SWK
| Tools And Outdoor Segment | $3.3B | 87% |
| Engineered Fastening Segment | $500.5M | 13% |
