LRCX vs. GEV

Last updated Jun 9, 2026

LRCX (Lam Research Corporation) and GEV (GE Vernova Inc.) are both stocks. LRCX operates in Semiconductor Equipment & Materials (Technology), while GEV operates in Specialty Industrial Machinery (Industrials). Over the past year, LRCX returned 278.49% vs 92.97% for GEV. At a 0.45 correlation, their price movements are largely independent.

Performance

LRCX vs. GEV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lam Research Corporation (LRCX) and GE Vernova Inc. (GEV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LRCX achieves a 89.76% return, which is significantly higher than GEV's 43.08% return.

LRCX

• 1D: 6.98%
• 1M: 10.34%
• YTD: 89.76%
• 6M: 99.61%
• 1Y: 278.49%
• 3Y*: 76.58%
• 5Y*: 40.10%
• 10Y*: 46.35%

GEV

• 1D: 0.03%
• 1M: -10.22%
• YTD: 43.08%
• 6M: 50.36%
• 1Y: 92.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LRCX vs. GEV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
LRCX Lam Research Corporation	89.76%	139.16%	-24.60%
GEV GE Vernova Inc.	43.08%	99.02%	150.80%

Correlation

The correlation between LRCX and GEV is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (All Time) Calculated using the full available price history since Mar 28, 2024	0.45

Fundamentals

Market Cap LRCX : $409.71B GEV : $254.01B
EPS LRCX : $5.29 GEV : $34.12
PE Ratio LRCX : 61.36 GEV : 27.37
PEG Ratio LRCX : 4.64 GEV : 0.13
PS Ratio LRCX : 18.98 GEV : 6.52
PB Ratio LRCX : 38.71 GEV : 18.25
Total Revenue (TTM) LRCX : $21.68B GEV : $39.38B
Gross Profit (TTM) LRCX : $10.84B GEV : $7.85B
EBITDA (TTM) LRCX : $6.10B GEV : $3.32B

Return for Risk

LRCX vs. GEV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LRCX

LRCX Risk / Return Rank: 98
LRCX Sharpe Ratio Rank: 99
LRCX Sortino Ratio Rank: 97
LRCX Omega Ratio Rank: 96
LRCX Calmar Ratio Rank: 99
LRCX Martin Ratio Rank: 99

GEV

GEV Risk / Return Rank: 88
GEV Sharpe Ratio Rank: 88
GEV Sortino Ratio Rank: 86
GEV Omega Ratio Rank: 83
GEV Calmar Ratio Rank: 92
GEV Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LRCX vs. GEV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lam Research Corporation (LRCX) and GE Vernova Inc. (GEV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	LRCX	GEV	Difference
Sharpe ratio: Return per unit of total volatility	5.46	1.92	+3.53
Sortino ratio: Return per unit of downside risk	4.54	2.70	+1.84
Omega ratio: Gain probability vs. loss probability	1.60	1.33	+0.27
Calmar ratio: Return relative to maximum drawdown	14.02	4.98	+9.04
Martin ratio: Return relative to average drawdown	47.19	11.85	+35.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LRCX vs. GEV - Sharpe Ratio Comparison

The current LRCX Sharpe Ratio is 5.46, which is higher than the GEV Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of LRCX and GEV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LRCX	GEV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.46	1.92	+3.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.04	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	2.77	-2.34

Drawdowns

LRCX vs. GEV - Drawdown Comparison

The maximum LRCX drawdown since its inception was -87.90%, which is greater than GEV's maximum drawdown of -38.29%. Use the drawdown chart below to compare losses from any high point for LRCX and GEV.

Drawdown Indicators

	LRCX	GEV	Difference
Max Drawdown Largest peak-to-trough decline	-87.90%	-38.29%	-49.61%
Max Drawdown (1Y) Largest decline over 1 year	-20.01%	-18.78%	-1.23%
Max Drawdown (3Y) Largest decline over 3 years	-47.10%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-56.39%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-56.39%	—	—
Current Drawdown Current decline from peak	-5.60%	-18.76%	+13.16%
Average Drawdown Average peak-to-trough decline	-28.18%	-6.90%	-21.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.93%	7.88%	-1.95%

Volatility

LRCX vs. GEV - Volatility Comparison

Lam Research Corporation (LRCX) has a higher volatility of 18.51% compared to GE Vernova Inc. (GEV) at 10.55%. This indicates that LRCX's price experiences larger fluctuations and is considered to be riskier than GEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LRCX	GEV	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.51%	10.55%	+7.96%
Volatility (6M) Calculated over the trailing 6-month period	42.13%	36.38%	+5.75%
Volatility (1Y) Calculated over the trailing 1-year period	51.52%	48.74%	+2.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.25%	52.76%	-6.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.76%	52.76%	-8.00%

Dividends

LRCX vs. GEV - Dividend Comparison

LRCX's dividend yield for the trailing twelve months is around 0.31%, more than GEV's 0.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GEV GE Vernova Inc.	0.16%	0.11%	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LRCX Lam Research Corporation	0.31%	0.57%	1.19%	0.95%	1.53%	0.78%	1.04%	1.54%	2.79%	1.01%	1.28%	1.36%

Financials

LRCX vs. GEV - Profitability Comparison

The chart below illustrates the profitability comparison between Lam Research Corporation and GE Vernova Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

LRCX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lam Research Corporation reported a gross profit of 2.91B and revenue of 5.84B. Therefore, the gross margin over that period was 49.8%.

GEV - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, GE Vernova Inc. reported a gross profit of 1.78B and revenue of 9.34B. Therefore, the gross margin over that period was 19.1%.

LRCX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lam Research Corporation reported an operating income of 2.05B and revenue of 5.84B, resulting in an operating margin of 35.0%.

GEV - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, GE Vernova Inc. reported an operating income of 179.00M and revenue of 9.34B, resulting in an operating margin of 1.9%.

LRCX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lam Research Corporation reported a net income of 1.83B and revenue of 5.84B, resulting in a net margin of 31.3%.

GEV - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, GE Vernova Inc. reported a net income of 4.75B and revenue of 9.34B, resulting in a net margin of 50.8%.

Frequently Asked Questions

Can I hold both LRCX and GEV in my portfolio?

LRCX and GEV have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LRCX or GEV?

LRCX has higher volatility (18.51%) compared to GEV (10.55%). In terms of maximum drawdown, LRCX dropped -87.90% vs GEV's -38.29%.

Which has better risk-adjusted returns?

LRCX currently has the higher Sharpe Ratio (5.46 vs 1.92), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.