• Lam Research average net profit margin for 2023 was 25.3%, a 6.09% increase from 2022.
• Lam Research average net profit margin for 2022 was 26.94%, a 0.11% decline from 2021.
• Lam Research average net profit margin for 2021 was 26.91%, a 16.09% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.