CEO Total Pay
$28.3M
FY2024 Summary Compensation, well above median
LRCX FY2024 SEC EDGAR DEF 14A
Lam Research Corp CEO pay ratio
The CEO earned $28.3M in FY2024 against median worker pay of $91,230 · Industrial Machinery & Equipment.
- State
- DE
- Filing date
- 2025-09-24
- Industry
- Industrial Machinery & Equipment
- Fiscal year
- FY2024
Data updated August 2026
CEO-to-worker pay ratio
310:1
High (Scale: 0–1000:1)
CEO pay
$28.3M
Median worker
$91,230
Latest filing FY2024. This company's newest DEF 14A on file is for FY2024, not FY2025, so the figures on this page are from that earlier year and are not ranked against the FY2025 industry benchmark. Industry pages mark issuers like this one with a "Latest filing" label.
Answer first
Lam Research Corp reported a 310:1 CEO-to-worker pay ratio in FY2024 - above the Industrial Machinery & Equipment median of 139:1 across 60 filers.
Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Industrial Machinery & Equipment companies.
- Pay ratio
- 310:1
- FY2024 disclosed
- CEO total
- $28.3M
- Summary Compensation Table total
- Median worker
- $91,230
- Dodd-Frank median employee
Ratio bands among Industrial Machinery & Equipment peers
Exclusive CEO-to-median-worker bands across 54 complete latest-FY filings in SIC 35. Segments sum to the peer set, not this company's compensation pillar.
CEO Compensation Breakdown, FY2024
A component-level pay breakdown is not reported in Lam Research Corp's structured SEC pay-ratio disclosure. See our methodology →
Filing-year trail · Lam Research Corp
Complete DEF 14A pay-ratio filings for this CIK across FY2021–2024. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).
- Latest ratio
- 310:1
- FY2024
- vs prior FY
- -51:1
- from FY2023 361:1
- CEO $ YoY
- -6.1%
- $28.3M latest
- Filings shown
- 4
- FY2021–2024
| FY | CEO pay | Δ pay | Median worker | Pay ratio | Δ ratio |
|---|---|---|---|---|---|
| 2021 | $16.9M | - | $119,322 | 142:1 | - |
| 2022 | $18.3M | +8.1% | $81,126 | 226:1 | +84:1 |
| 2023 | $30.1M | +65% | $83,462 | 361:1 | +135:1 |
| 2024 | $28.3M | -6.1% | $91,230 | 310:1 | -51:1 |
Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 707549, FY2021–2024. Adjacent-year deltas only.
Industry Comparison - Industrial Machinery & Equipment
This Company's Ratio
310:1
Industry Median Ratio
139:1
Industry Median CEO Pay
$9.4M
This CEO's Pay
$28.3M
Companies in Industry
60
vs. Industry Median
Above
Lam Research Corp: HIGH · PEAK pay ratio
Lam Research Corp disclosed 310:1 CEO-to-worker pay and $28.3M CEO total in FY2024. the CEO earned 310× the median employee ($91,230) in FY2024.
Median employee $91,230 (HIGH-MED); HIGH · PEAK stamps put about 310 median-wage years per CEO year.
Pay Ratio
310:1
Elevated vs. peers
What FY2024 shows for Lam Research Corp
Lam Research Corp disclosed 310:1 CEO-to-worker pay and $28.3M CEO total in FY2024. The structured pay-ratio disclosure reports the total without line-item components. Industrial Machinery & Equipment (SIC 35) median ratio is 139:1 across 60 FY2025 filers; Lam Research Corp's $28.3M CEO total is above the $9.4M industry median CEO pay.
Lam Research Corp stamps HIGH · PEAK · HIGH-MED; grant-date fair value (not realized pay) is what the DEF 14A reports. Open Industrial Machinery & Equipment peers.
Key Data, FY2024
- Total Compensation
- $28.3M
- Median Employee Pay
- $91,230
- Pay Ratio
- 310:1
- Filing Date
- 2025-09-24
Company Info
- Ticker
- LRCX
- CIK
- 707549
- Industry
- Industrial Machinery & Equipment
- SIC Code
- 3559
- State
- DE
SEC EDGAR DEF 14A for CIK 707549, FY2024. Informational only, not investment advice. Verify on EDGAR.
Read our methodology - how this data is sourced, computed, and verified. Lam Research Corp disclosed 310:1 CEO-to-worker pay and $28.3M CEO total in FY2024.
Read with Lam Research Corp
ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps HIGH · PEAK · HIGH-MED.
Trane Technologies plc · PEAK
ABS(ceo_total_comp) peer at $28.2M (Δ $106K lighter vs Lam Research Corp); HIGH · PAR-MED vs this page's HIGH · PEAK · HIGH-MED.
Super Micro Computer, Inc. · PEAK
ABS(ceo_total_comp) peer at $28.1M (Δ $194K lighter vs Lam Research Corp); STEEP · ELITE-MED vs this page's HIGH · PEAK · HIGH-MED.
SoFi Technologies, Inc. · PEAK
ABS(ceo_total_comp) peer at $28.1M (Δ $202K lighter vs Lam Research Corp); HIGH · HIGH-MED vs this page's HIGH · PEAK · HIGH-MED.
Corpay, Inc. · PEAK
ABS(ceo_total_comp) peer at $28.0M (Δ $258K lighter vs Lam Research Corp); HIGH · HIGH-MED vs this page's HIGH · PEAK · HIGH-MED.
Industrial Machinery & Equipment benchmark
Lam Research Corp stamps HIGH · PEAK · HIGH-MED inside SIC 35 - open the industry median board after the ABS peers.
Pay-ratio rankings · HIGH
See where HIGH · PEAK packages sit on the national leaderboard after reading Lam Research Corp.
Comp structure · PEAK
Lam Research Corp's PEAK CEO total is equity-sensitive - read what grant-date fair value does and does not mean.
Data sourced from SEC EDGAR DEF 14A for Lam Research Corp (CIK 707549), FY2024. See our methodology. Aggregated by PlainCEOPay as of August 2026.
Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.