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LAM RESEARCH CORPORATION (LRCX) Executive Pay versus Performance: Performance Measures

LAM RESEARCH CORPORATION Most Important Performance Measures

The measures each proxy statement lists as most important for linking pay to performance (Item 402(v) tabular list), as tagged, newest proxy first.

  • 2023-09-27: Measure Non-GAAP operating income as a percentage of revenue.
  • 2023-09-27: Measure Relative TSR.
  • 2023-09-27: Measure Non-GAAP gross margin as a percentage of revenue.
  • 2024-09-25: Measure Non-GAAP operating income as a percentage of revenue.
Proxy filedMeasure
2023-09-27Non-GAAP operating income as a percentage of revenue
2023-09-27Relative TSR
2023-09-27Non-GAAP gross margin as a percentage of revenue
2024-09-25Non-GAAP operating income as a percentage of revenue
2024-09-25Relative TSR
2024-09-25Non-GAAP gross margin as a percentage of revenue
2025-09-24Non-GAAP operating income as a percentage of revenue
2025-09-24Relative TSR
2025-09-24Non-GAAP gross margin as a percentage of revenue
2026-09-24Non-GAAP operating income as a percentage of revenue (Company-Selected Measure)
2026-09-24Relative TSR (defined as the Company’s TSR relative to the TSR of the PHLX Semiconductor Sector Total Return Index)
2026-09-24Non-GAAP gross margin as a percentage of revenue

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