• Lam Research average ebit margin for 2023 was 28.98%, a 7.91% increase from 2022.
• Lam Research average ebit margin for 2022 was 31.47%, a 2.47% decline from 2021.
• Lam Research average ebit margin for 2021 was 30.71%, a 12% increase from 2020.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues