Deere (DE) vs Lam Research (LRCX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Lam Research (LRCX) has outperformed Deere (DE) over the past year, gaining 134.8% versus a gain of 42.3%. Over five years, LRCX leads with a +483.8% price change compared with +97.4% for DE. Lam Research is the larger company by market cap ($412.36 billion vs $177.11 billion), about 2.3 times the size.
On valuation, Lam Research trades at a lower forward P/E (28.0x vs 28.9x for Deere). Deere offers the higher dividend yield (0.99% vs 0.32%). Lam Research converts more of its revenue into profit, with a net margin of 31.3% versus 11.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DE | LRCX |
|---|---|---|
| Share price | $656.87 | $329.51 |
| Market cap | $177.11B | $412.36B |
| 1-day change | -3.80% | -1.32% |
| YTD return | +41.09% | +92.49% |
| 1-year return | +42.33% | +134.78% |
| 5-year return | +97.40% | +483.75% |
| P/E ratio (TTM) | 36.51 | 59.26 |
| Forward P/E | 28.92 | 28.01 |
| EPS (TTM) | $17.99 | $5.56 |
| Dividend yield | 0.99% | 0.32% |
| Annual dividend | $6.48 | $1.04 |
| Revenue (latest FY) | $45.68B | $23.23B |
| Revenue growth (YoY) | -11.66% | +26.02% |
| Net income (latest FY) | $5.03B | $7.27B |
| Gross margin | — | 50.47% |
| Operating margin | — | 35.29% |
| Net margin | 11.00% | 31.27% |
| 52-week high | $721.22 | $438.50 |
| 52-week low | $433.00 | $131.02 |
| Distance from 52-week high | -8.92% | -24.86% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +5.32% | +14.00% |
| Average volume | 1.20M | 9.39M |
| Shares outstanding | 269.63M | 1.25B |
| Employees | 73,100 | 23,300 |
| Sector | Industrials | Technology |
| Industry | Industrial Machinery/Components | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Lam Research is about 2.3 times larger than Deere by market value ($412.36B vs $177.11B).
- LRCX has outperformed DE by 92.4 percentage points over the past year.
- Lam Research trades at a higher earnings multiple (59.3x vs 36.5x trailing P/E).
- Lam Research is more profitable, keeping 31.3 cents of every revenue dollar as net income versus 11.0 cents for Deere.
- Lam Research grew revenue faster in its latest fiscal year (+26.02% vs -11.66%).
- The two companies sit in different sectors: Deere in Industrials and Lam Research in Technology.
About Deere
DE stock →Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services.
Industrials · Industrial Machinery/Components · 73,100 employees
About Lam Research
LRCX stock →Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company offers ALTUS systems to deposit conformal or selective films for tungsten or molybdenum metallization applications; SABRE electrochemical deposition products for copper interconnect transition, which support copper damascene manufacturing; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced chemical vapor deposition (CVD) products.
Technology · Industrial Machinery/Components · 23,300 employees
DE vs LRCX FAQ
Which is bigger, Deere or Lam Research?
Lam Research (LRCX) is larger, with a market capitalization of $412.36B compared with $177.11B for Deere (DE).
Which stock has performed better over the past year, DE or LRCX?
LRCX returned +134.78% over the past 12 months, compared with +42.33% for DE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DE or LRCX?
DE has the lower trailing P/E at 36.5, versus 59.3 for LRCX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Deere or Lam Research?
Deere has the higher yield at 0.99%, compared with 0.32% for Lam Research.
Are Deere and Lam Research in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.