COMP <GO>

LRCX vs GOOG // 10Y YIELD & FRED MACRO BETA

Lam Research Corporation (NASDAQ) VS. Alphabet Inc. (NASDAQ) • 15-METRIC TALLY: LRCX 7 — GOOG 8

▲ 10Y YIELD & FRED MACRO BETA LEADER: LRCX

LAST: $239.11 (-6.01%) • MKT CAP: $317.78B

macro-sensitivity

1.29

LAST: $278.22 (-1.45%) • MKT CAP: $3.47T

macro-sensitivity

1.16

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (LRCX VS. GOOG) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	LRCX	GOOG	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	50.50%	59.70%	-9.20	GOOG	/gross-margins <GO>
Return on Invested Capital (ROIC)	25.50%	23.60%	+1.90	LRCX	/roic <GO>
EV/EBITDA & P/E Valuation	34.8x	16.9x	+17.90	GOOG	/valuation <GO>
Free Cash Flow Yield	1.51%	2.11%	-0.60	GOOG	/fcf-yield <GO>
Operating Margin	35.30%	32.00%	+3.30	LRCX	/operating-margins <GO>
Net Profit Margin	31.30%	32.80%	-1.50	GOOG	/net-margins <GO>
Revenue Growth (YoY)	26.00%	15.10%	+10.90	LRCX	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.40%	0.29%	+0.11	LRCX	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	21.80	13.93	+7.87	LRCX	/balance-sheet <GO>
Piotroski F-Score Quality	8/9	9/9	-1.00	GOOG	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	7.90%	7.40%	+0.50	GOOG	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	33.8	21.1	+12.72	LRCX	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta ACTIVE	1.29	1.16	+0.13	LRCX	/macro-sensitivity <GO>
Forward P/E Multiple	36.7x	22.1x	+14.60	GOOG	/forward-pe <GO>
Enterprise Scale & Market Cap	$317.78B	$3.47T	-$3.15T	GOOG	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	LRCX REV	GOOG REV	LRCX GROSS %	GOOG GROSS %	LRCX FCF	GOOG FCF
FY 2025	$23.23B	$402.84B	50.5%	59.7%	$4.81B	$73.27B
FY 2024	$18.44B	$350.02B	48.7%	58.2%	$5.34B	$72.76B
FY 2023	—	$307.39B	—	44.0%	—	$87.91B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

LRCX // BETA 1.29

GOOG // BETA 1.16