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Applied Materials, Inc.(AMAT)Earnings, Financials & Key Ratios
AMAT•NASDAQ
71.3× P/E·Price updated Jun 19, 2026
AboutApplied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices. The company operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. Applied Materials, Inc. was incorporated in 1967 and is headquartered in Santa Clara, California.Show more
- Revenue$28.37B+4.4%
- EBITDA$8.4B+1.7%
- Net Income$7B-2.5%
- EPS (Diluted)8.66+0.6%
- Gross Margin48.67%+2.6%
- EBITDA Margin29.61%-2.6%
- Operating Margin29.22%+0.9%
- Net Margin24.67%-6.6%
- ROE35.51%-12.6%
AMAT Key Insights
Applied Materials, Inc. (AMAT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 41.4%
- ✓FCF machine: 20.1% free cash flow margin
- ✓Momentum leader: RS Rating 96 (top 4%)
- ✓Strong 5Y sales CAGR of 10.5%
- ✓Share count reduced 3.1% through buybacks
- ✓Healthy 5Y average net margin of 25.6%
✗Weaknesses
- ✗Expensive at 24.4x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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AMAT Price & Volume
Applied Materials, Inc. (AMAT) stock price & volume — 10-year historical chart
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AMAT Growth Metrics
Applied Materials, Inc. (AMAT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years11.38%
5 Years10.52%
3 Years3.23%
TTM3.33%
Profit CAGR
10 Years17.65%
5 Years14.1%
3 Years2.36%
TTM25.9%
EPS CAGR
10 Years22.7%
5 Years17.18%
3 Years5.19%
TTM29.44%
Return on Capital
10 Years30.59%
5 Years35.06%
3 Years32.78%
Last Year30.56%
AMAT Recent Earnings
Applied Materials, Inc. (AMAT) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 11/12 qtrs (92%)
Q2 2026Latest
May 14, 2026Metric
Actual
Est
EPS
$2.86+6.7%
$2.68
Rev
$7.9B+3.0%
$7.7B
Q1 2026
Feb 12, 2026Metric
Actual
Est
EPS
$2.38+7.7%
$2.21
Rev
$7.0B+2.1%
$6.9B
Q4 2025
Dec 12, 2025Metric
Actual
Est
EPS
$2.17+2.8%
$2.11
Rev
$6.8B+1.7%
$6.7B
Q3 2025
Aug 14, 2025Metric
Actual
Est
EPS
$2.48+5.1%
$2.36
Rev
$7.3B+1.1%
$7.2B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 14, 2026 | $2.86vs $2.68+6.7% | $7.9Bvs $7.7B+3.0% |
| Q1 2026 | Feb 12, 2026 | $2.38vs $2.21+7.7% | $7.0Bvs $6.9B+2.1% |
| Q4 2025 | Dec 12, 2025 | $2.17vs $2.11+2.8% | $6.8Bvs $6.7B+1.7% |
| Q3 2025 | Aug 14, 2025 | $2.48vs $2.36+5.1% | $7.3Bvs $7.2B+1.1% |
Based on last 12 quarters of dataView full earnings history →
AMAT Peer Comparison
Applied Materials, Inc. (AMAT) competitors in Semiconductor Manufacturing Equipment — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 LRCX | 485.82B | 389.04 | 93.74 | 23.68% | 30.94% | 65.79% | 0.48 | |
 KLAC | 34.2B | 259.56 | 8.55 | 23.89% | 35.66% | 89.07% | 1.30 | |
 ASML | 749B | 1929.68 | 70.65 | 11.02% | 29.42% | 47.08% | 0.14 | |
 ONTO | 16.6B | 333.76 | 120.06 | 1.82% | 10.33% | 5.19% | 0.01 | |
 NVMI | 18.29B | 575.31 | 72.28 | 30.96% | 29.21% | 21.21% | 0.65 | |
 ACMR | 7.28B | 109.87 | 80.20 | 15.24% | 9.48% | 5.13% | 0.16 | |
 ICHR | 3.43B | 98.61 | -64.03 | 11.61% | -5.28% | -7.5% | 0.28 | |
 MKSI | 27.36B | 406.37 | 92.99 | 9.62% | 8.03% | 12.24% | 1.73 |
Compare AMAT vs Peers
Applied Materials, Inc. (AMAT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
AMAT Income Statement
Applied Materials, Inc. (AMAT) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Oct'17 | Oct'18 | Oct'19 | Oct'20 | Oct'21 | Oct'22 | Oct'23 | Oct'24 | Oct'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 14.7B | 16.7B | 14.61B | 17.2B | 23.06B | 25.79B | 26.52B | 27.18B | 28.37B | 29.02B |
Revenue Growth % | 35.78% | 13.65% | -12.55% | 17.76% | 34.07% | 11.8% | 2.84% | 2.49% | 4.39% | 3.33% |
Cost of Goods Sold | 8.09B | 9.19B | 8.22B | 9.51B | 12.15B | 13.79B | 14.13B | 14.28B | 14.56B | 14.81B |
COGS % of Revenue | 55.01% | 55% | 56.28% | 55.28% | 52.68% | 53.49% | 53.3% | 52.54% | 51.33% | - |
Gross Profit | 6.61B▲ 0% | 7.52B▲ 13.7% | 6.39B▼ 15.0% | 7.69B▲ 20.5% | 10.91B▲ 41.9% | 11.99B▲ 9.9% | 12.38B▲ 3.3% | 12.9B▲ 4.1% | 13.81B▲ 7.1% | 14.21B▲ 0% |
Gross Margin % | 44.99% | 45% | 43.72% | 44.72% | 47.32% | 46.51% | 46.7% | 47.46% | 48.67% | 48.96% |
Gross Profit Growth % | 46.58% | 13.69% | -15.05% | 20.45% | 41.89% | 9.89% | 3.26% | 4.14% | 7.06% | - |
Operating Expenses | 2.66B | 3.02B | 3.04B | 3.33B | 4.03B | 4.21B | 4.73B | 5.03B | 5.52B | 5.64B |
OpEx % of Revenue | 18.12% | 18.08% | 20.78% | 19.34% | 17.45% | 16.32% | 17.84% | 18.51% | 19.45% | - |
Selling, General & Admin | 890M | 999M | 982M | 1.09B | 1.23B | 1.44B | 1.63B | 1.8B | 1.77B | 1.69B |
SG&A % of Revenue | 6.06% | 5.98% | 6.72% | 6.35% | 5.33% | 5.58% | 6.14% | 6.61% | 6.23% | - |
Research & Development | 1.77B | 2.02B | 2.05B | 2.23B | 2.48B | 2.77B | 3.1B | 3.23B | 3.57B | 3.77B |
R&D % of Revenue | 12.07% | 12.09% | 14.06% | 12.99% | 10.77% | 10.75% | 11.7% | 11.9% | 12.58% | - |
Other Operating Expenses | 0 | 3M | 0 | 0 | 311M | 0 | 0 | 0 | 181M | 1000K |
Operating Income | 3.94B▲ 0% | 4.49B▲ 14.1% | 3.35B▼ 25.4% | 4.37B▲ 30.3% | 6.89B▲ 57.8% | 7.79B▲ 13.0% | 7.65B▼ 1.7% | 7.87B▲ 2.8% | 8.29B▲ 5.4% | 8.56B▲ 0% |
Operating Margin % | 26.78% | 26.88% | 22.93% | 25.37% | 29.87% | 30.2% | 28.86% | 28.95% | 29.22% | 29.51% |
Operating Income Growth % | 82.9% | 14.1% | -25.41% | 30.3% | 57.82% | 13.05% | -1.72% | 2.78% | 5.36% | - |
EBITDA | 4.34B | 4.95B | 3.71B | 4.74B | 7.28B | 8.23B | 8.17B | 8.26B | 8.4B | 9.36B |
EBITDA Margin % | 29.55% | 29.62% | 25.42% | 27.56% | 31.58% | 31.93% | 30.81% | 30.39% | 29.61% | 32.26% |
EBITDA Growth % | 70.92% | 13.93% | -24.96% | 27.69% | 53.62% | 13.03% | -0.77% | 1.1% | 1.7% | 7.08% |
D&A (Non-Cash Add-back) | 407M | 457M | 363M | 376M | 394M | 444M | 515M | 392M | 110M | 29M |
EBIT | 4.01B | 4.63B | 3.51B | 4.41B | 7.01B | 7.83B | 7.95B | 8.4B | 9.54B | 10.66B |
Net Interest Income | -120M | -95M | -81M | -199M | -118M | -189M | 62M | 285M | -269M | -267M |
Interest Income | 78M | 139M | 156M | 41M | 118M | 39M | 300M | 532M | 0 | 8M |
Interest Expense | 198M | 234M | 237M | 240M | 236M | 228M | 238M | 247M | 269M | 275M |
Other Income/Expense | -120M | -95M | -81M | -199M | -118M | -189M | 62M | 285M | 982M | 1.82B |
Pretax Income | 3.82B▲ 0% | 4.4B▲ 15.2% | 3.27B▼ 25.6% | 4.17B▲ 27.4% | 6.77B▲ 62.5% | 7.6B▲ 12.2% | 7.72B▲ 1.5% | 8.15B▲ 5.7% | 9.27B▲ 13.7% | 10.38B▲ 0% |
Pretax Margin % | 25.96% | 26.32% | 22.38% | 24.22% | 29.36% | 29.47% | 29.1% | 30% | 32.68% | 35.77% |
Income Tax | 297M | 1.36B | 563M | 547M | 883M | 1.07B | 860M | 975M | 2.27B | 1.88B |
Effective Tax Rate % | 7.78% | 30.89% | 17.22% | 13.13% | 13.04% | 14.13% | 11.15% | 11.96% | 24.52% | 18.06% |
Net Income | 3.52B▲ 0% | 3.04B▼ 13.7% | 2.71B▼ 10.9% | 3.62B▲ 33.7% | 5.89B▲ 62.7% | 6.53B▲ 10.8% | 6.86B▲ 5.1% | 7.18B▲ 4.7% | 7B▼ 2.5% | 8.51B▲ 0% |
Net Margin % | 23.94% | 18.19% | 18.52% | 21.04% | 25.53% | 25.31% | 25.86% | 26.41% | 24.67% | 29.31% |
Net Income Growth % | 104.47% | -13.67% | -10.93% | 33.74% | 62.7% | 10.82% | 5.07% | 4.68% | -2.49% | 25.9% |
Net Income (Continuing) | 3.52B | 3.04B | 2.71B | 3.62B | 5.89B | 6.53B | 6.86B | 7.18B | 7B | 8.51B |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | 3.17▲ 0% | 2.96▼ 6.6% | 2.86▼ 3.4% | 3.92▲ 37.1% | 6.40▲ 63.3% | 7.44▲ 16.3% | 8.11▲ 9.0% | 8.61▲ 6.2% | 8.66▲ 0.6% | 10.65▲ 0% |
EPS Growth % | 105.84% | -6.62% | -3.38% | 37.06% | 63.27% | 16.25% | 9.01% | 6.17% | 0.58% | 29.44% |
EPS (Basic) | 3.20 | 3.00 | 2.89 | 3.95 | 6.47 | 7.49 | 8.16 | 8.68 | 8.71 | - |
Diluted Shares Outstanding | 1.08B | 1.03B | 945M | 923M | 919M | 877M | 845M | 834M | 808M | 799M |
Basic Shares Outstanding | 1.07B | 1.01B | 937M | 916M | 910M | 871M | 840M | 827M | 804M | 794M |
Dividend Payout Ratio | 12.22% | 19.91% | 28.49% | 21.75% | 14.23% | 13.38% | 14.22% | 16.61% | 19.78% | - |
AMAT Balance Sheet
Applied Materials, Inc. (AMAT) balance sheet — assets, liabilities & shareholders' equity
| Metric | Oct'17 | Oct'18 | Oct'19 | Oct'20 | Oct'21 | Oct'22 | Oct'23 | Oct'24 | Oct'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 12.92B | 10.6B | 10.21B | 13.37B | 16.11B | 15.93B | 19.15B | 21.22B | 20.88B | 22.57B |
Cash & Short-Term Investments | 7.28B | 4.03B | 3.62B | 5.74B | 5.46B | 2.58B | 6.87B | 9.47B | 8.57B | 8.24B |
Cash Only | 5.01B | 3.44B | 3.13B | 5.35B | 5B | 2B | 6.13B | 8.02B | 7.24B | 6.3B |
Short-Term Investments | 2.27B | 590M | 489M | 387M | 464M | 586M | 737M | 1.45B | 1.33B | 1.94B |
Accounts Receivable | 2.34B | 2.42B | 2.64B | 3.11B | 5.55B | 6.53B | 5.58B | 5.35B | 5.33B | 6.37B |
Days Sales Outstanding | 58.06 | 52.92 | 65.99 | 66.01 | 87.77 | 92.42 | 76.77 | 71.91 | 68.62 | 70.77 |
Inventory | 2.93B | 3.72B | 3.47B | 3.9B | 4.31B | 5.93B | 5.72B | 5.42B | 5.92B | 6.34B |
Days Inventory Outstanding | 132.26 | 147.82 | 154.22 | 149.84 | 129.46 | 156.99 | 147.85 | 138.57 | 148.28 | 148.21 |
Other Current Assets | 374M | 431M | 473M | 616M | 200M | 422M | 976M | 974M | 1.06B | 1.61B |
Total Non-Current Assets | 6.51B | 7.04B | 8.83B | 8.98B | 9.72B | 10.8B | 11.58B | 13.19B | 15.42B | 17.71B |
Property, Plant & Equipment | 1.07B | 1.41B | 1.53B | 1.86B | 2.23B | 2.7B | 3.2B | 3.71B | 5.12B | 5.25B |
Fixed Asset Turnover | 13.79x | 11.87x | 9.55x | 9.27x | 10.35x | 9.56x | 8.28x | 7.32x | 5.54x | 5.81x |
Goodwill | 3.37B | 3.37B | 3.4B | 3.47B | 3.48B | 3.7B | 3.73B | 3.73B | 3.71B | 3.82B |
Intangible Assets | 412M | 213M | 156M | 153M | 104M | 339M | 294M | 249M | 226M | 330M |
Long-Term Investments | 1.14B | 1.57B | 1.7B | 1.54B | 2.06B | 1.98B | 2.28B | 2.79B | 4.33B | 18.64B |
Other Non-Current Assets | 132M | 260M | 276M | 260M | 229M | 691M | 345M | 314M | 806M | 0 |
Total Assets | 19.42B▲ 0% | 17.64B▼ 9.2% | 19.04B▲ 7.9% | 22.35B▲ 17.4% | 25.82B▲ 15.5% | 26.73B▲ 3.5% | 30.73B▲ 15.0% | 34.41B▲ 12.0% | 36.3B▲ 5.5% | 40.29B▲ 0% |
Asset Turnover | 0.76x | 0.95x | 0.77x | 0.77x | 0.89x | 0.96x | 0.86x | 0.79x | 0.78x | 0.78x |
Asset Growth % | 33.31% | -9.16% | 7.88% | 17.43% | 15.53% | 3.49% | 14.98% | 11.98% | 5.49% | 39.87% |
Total Current Liabilities | 4.12B | 3.92B | 4.45B | 4.46B | 6.34B | 7.38B | 7.37B | 8.47B | 8B | 9B |
Accounts Payable | 945M | 996M | 958M | 1.12B | 1.47B | 1.75B | 1.48B | 1.57B | 1.98B | 5.23B |
Days Payables Outstanding | 42.66 | 39.57 | 42.53 | 43.14 | 44.22 | 46.45 | 38.17 | 40.13 | 49.59 | 67.14 |
Short-Term Debt | 0 | 0 | 600M | 64M | 0 | 0 | 100M | 800M | 100M | 1.2B |
Deferred Revenue (Current) | 1.28B | 1.2B | 1.34B | 1.32B | 2.08B | 3.14B | 2.98B | 2.85B | 2.57B | 10.08B |
Other Current Liabilities | 1.11B | 950M | 834M | 928M | 924M | 905M | 1.02B | 1.44B | 1.39B | 0 |
Current Ratio | 3.14x | 2.70x | 2.30x | 3.00x | 2.54x | 2.16x | 2.60x | 2.51x | 2.61x | 2.51x |
Quick Ratio | 2.43x | 1.75x | 1.51x | 2.12x | 1.86x | 1.35x | 1.82x | 1.87x | 1.87x | 1.80x |
Cash Conversion Cycle | 147.66 | 161.17 | 177.68 | 172.71 | 173.01 | 202.96 | 186.45 | 170.35 | 167.31 | 151.84 |
Total Non-Current Liabilities | 5.96B | 6.87B | 6.36B | 7.32B | 7.23B | 7.15B | 7.01B | 6.94B | 7.88B | 7.38B |
Long-Term Debt | 5.3B | 5.31B | 4.71B | 5.45B | 5.45B | 5.46B | 5.46B | 5.46B | 6.46B | 5.26B |
Capital Lease Obligations | 0 | 0 | 0 | 195M | 228M | 287M | 252M | 259M | 404M | 1.35B |
Deferred Tax Liabilities | 5M | 12M | 11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 651M | 1.56B | 1.65B | 1.67B | 1.55B | 1.41B | 1.29B | 1.22B | 1.03B | 2.12B |
Total Liabilities | 10.07B | 10.79B | 10.81B | 11.78B | 13.58B | 14.53B | 14.38B | 15.41B | 15.88B | 16.38B |
Total Debt | 5.3B | 5.31B | 5.31B | 5.71B | 5.75B | 5.83B | 6B | 6.61B | 7.05B | 6.46B |
Net Debt | 294M | 1.87B | 2.18B | 356M | 758M | 3.83B | -133M | -1.42B | -191M | 154M |
Debt / Equity | 0.57x | 0.78x | 0.65x | 0.54x | 0.47x | 0.48x | 0.37x | 0.35x | 0.35x | 0.27x |
Debt / EBITDA | 1.22x | 1.07x | 1.43x | 1.20x | 0.79x | 0.71x | 0.73x | 0.80x | 0.84x | 0.69x |
Net Debt / EBITDA | 0.07x | 0.38x | 0.59x | 0.08x | 0.10x | 0.47x | -0.02x | -0.17x | -0.02x | 0.02x |
Interest Coverage | 20.27x | 19.79x | 14.79x | 18.36x | 29.69x | 34.33x | 33.42x | 34.00x | 35.46x | 38.76x |
Total Equity | 9.35B▲ 0% | 6.84B▼ 26.8% | 8.21B▲ 20.0% | 10.58B▲ 28.8% | 12.25B▲ 15.8% | 12.19B▼ 0.4% | 16.35B▲ 34.1% | 19B▲ 16.2% | 20.41B▲ 7.4% | 23.91B▲ 0% |
Equity Growth % | 29.54% | -26.78% | 20% | 28.78% | 15.78% | -0.43% | 34.07% | 16.22% | 7.44% | 53.66% |
Book Value per Share | 8.62 | 6.67 | 8.69 | 11.46 | 13.33 | 13.90 | 19.35 | 22.78 | 25.27 | 29.92 |
Total Shareholders' Equity | 9.35B | 6.84B | 8.21B | 10.58B | 12.25B | 12.19B | 16.35B | 19B | 20.41B | 23.91B |
Common Stock | 11M | 10M | 9M | 9M | 9M | 8M | 8M | 8M | 8M | 8M |
Retained Earnings | 18.26B | 20.88B | 24.39B | 27.21B | 32.25B | 37.89B | 43.73B | 49.65B | 55.23B | 59.27B |
Treasury Stock | -15.91B | -21.19B | -23.6B | -24.25B | -28B | -34.1B | -36.3B | -40.15B | -45.04B | -45.78B |
Accumulated OCI | -64M | -125M | -180M | -299M | -260M | -202M | -217M | -168M | -110M | -124M |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
AMAT Cash Flow Statement
Applied Materials, Inc. (AMAT) cash flow — operating, investing & free cash flow history
| Metric | Oct'17 | Oct'18 | Oct'19 | Oct'20 | Oct'21 | Oct'22 | Oct'23 | Oct'24 | Oct'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 3.61B | 3.79B | 3.25B | 3.8B | 5.44B | 5.4B | 8.7B | 8.68B | 7.96B | 7.99B |
Operating CF Margin % | 24.55% | 22.67% | 22.23% | 22.11% | 23.6% | 20.94% | 32.81% | 31.93% | 28.05% | - |
Operating CF Growth % | 46.35% | 4.93% | -14.26% | 17.15% | 43.06% | -0.79% | 61.14% | -0.26% | -8.29% | 56.2% |
Net Income | 3.43B | 3.04B | 2.71B | 3.62B | 5.89B | 6.53B | 6.86B | 7.18B | 7B | 8.51B |
Depreciation & Amortization | 407M | 457M | 363M | 376M | 394M | 444M | 515M | 392M | 435M | 342M |
Stock-Based Compensation | 220M | 258M | 263M | 307M | 346M | 413M | 490M | 577M | 653M | 544M |
Deferred Taxes | -12M | 71M | 49M | 80M | 80M | -223M | 24M | -633M | 639M | -341M |
Other Non-Cash Items | -63M | 4M | -19M | 60M | 78M | 32M | 40M | 47M | 305M | -335M |
Working Capital Changes | -377M | -41M | -115M | -638M | -1.34B | -1.79B | 775M | 1.12B | -1.07B | 3.02B |
Change in Receivables | -37M | 16M | -207M | -427M | -1.99B | -1.11B | 903M | -69M | -538M | 1B |
Change in Inventory | -879M | -1.01B | 248M | -421M | -405M | -1.59B | 207M | 304M | -494M | -259M |
Change in Payables | 245M | 170M | -247M | 327M | 465M | 390M | -138M | 281M | 135M | -437M |
Cash from Investing | -2.53B | 571M | -443M | -130M | -1.22B | -1.36B | -1.53B | -2.33B | -2.78B | -2.71B |
Capital Expenditures | -345M | -622M | -441M | -422M | -668M | -787M | -1.11B | -1.19B | -2.26B | -2.03B |
CapEx % of Revenue | 2.35% | 3.72% | 3.02% | 2.45% | 2.9% | 3.05% | 4.17% | 4.38% | 7.97% | 6.98% |
Acquisitions | -68M | -6M | -28M | -107M | -12M | -441M | -25M | 0 | 4M | 175M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6M |
Cash from Financing | 521M | -5.93B | -3.12B | -1.34B | -4.59B | -7.04B | -3.03B | -4.47B | -5.98B | -3.29B |
Debt Issued (Net) | 1.97B | 0 | 0 | 97M | 0 | 0 | 84M | 593M | 289M | 191M |
Equity Issued (Net) | -1.3B | -5.16B | -2.26B | -821M | -3.58B | -5.9B | -1.96B | -4.11B | -4.63B | -1.94B |
Dividends Paid | -430M | -605M | -771M | -787M | -838M | -873M | -975M | -1.19B | -1.38B | -1.1B |
Share Repurchases | -1.17B | -5.28B | -2.4B | -649M | -3.75B | -6.1B | -2.19B | -3.82B | -4.89B | -2.07B |
Other Financing | 277M | -164M | -86M | 174M | -178M | -266M | -179M | 243M | -248M | -449M |
Net Change in Cash | 1.6B▲ 0% | -1.57B▼ 197.9% | -311M▲ 80.2% | 2.34B▲ 851.4% | -365M▼ 115.6% | -3B▼ 722.2% | 4.13B▲ 237.7% | 1.88B▼ 54.5% | -781M▼ 141.5% | 1.99B▲ 0% |
Free Cash Flow | 3.26B▲ 0% | 3.17B▼ 3.0% | 2.81B▼ 11.3% | 3.38B▲ 20.5% | 4.77B▲ 41.2% | 4.61B▼ 3.4% | 7.59B▲ 64.7% | 7.49B▼ 1.4% | 5.7B▼ 23.9% | 5.96B▲ 0% |
FCF Margin % | 22.21% | 18.95% | 19.21% | 19.66% | 20.7% | 17.89% | 28.64% | 27.55% | 20.09% | 20.55% |
FCF Growth % | 47.49% | -3.03% | -11.34% | 20.53% | 41.16% | -3.39% | 64.66% | -1.41% | -23.89% | 1.77% |
FCF per Share | 3.01 | 3.08 | 2.97 | 3.66 | 5.19 | 5.26 | 8.99 | 8.98 | 7.05 | 7.47 |
FCF Conversion (FCF/Net Income) | 1.03x | 1.25x | 1.20x | 1.05x | 0.92x | 0.83x | 1.27x | 1.21x | 1.14x | 0.70x |
Interest Paid | 186M | 219M | 219M | 219M | 205M | 205M | 205M | 205M | 239M | 130M |
Taxes Paid | 194M | 300M | 522M | 542M | 851M | 1.87B | 1.01B | 957M | 1.5B | -1.31B |
AMAT Key Ratios
Applied Materials, Inc. (AMAT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 42.48% | 37.52% | 35.94% | 38.52% | 51.59% | 53.39% | 48.04% | 40.61% | 35.51% | 39.78% |
Return on Invested Capital (ROIC) | 35.19% | 36.7% | 26.29% | 30.69% | 43.17% | 40.24% | 35.61% | 34.91% | 32.89% | 29.58% |
Gross Margin | 44.99% | 45% | 43.72% | 44.72% | 47.32% | 46.51% | 46.7% | 47.46% | 48.67% | 48.96% |
Net Margin | 23.94% | 18.19% | 18.52% | 21.04% | 25.53% | 25.31% | 25.86% | 26.41% | 24.67% | 29.31% |
Debt / Equity | 0.57x | 0.78x | 0.65x | 0.54x | 0.47x | 0.48x | 0.37x | 0.35x | 0.35x | 0.27x |
Interest Coverage | 20.27x | 19.79x | 14.79x | 18.36x | 29.69x | 34.33x | 33.42x | 34.00x | 35.46x | 38.76x |
FCF Conversion | 1.03x | 1.25x | 1.20x | 1.05x | 0.92x | 0.83x | 1.27x | 1.21x | 1.14x | 0.70x |
Revenue Growth | 35.78% | 13.65% | -12.55% | 17.76% | 34.07% | 11.8% | 2.84% | 2.49% | 4.39% | 3.33% |
Related:AMAT Dividend History·AMAT Revenue History·AMAT Price History·AMAT P/E History·AMAT Financial Ratios·AMAT Institutional Holders
AMAT SEC Filings & Documents
Applied Materials, Inc. (AMAT) SEC filings — annual & quarterly reports (10-K, 10-Q)
AMAT Frequently Asked Questions
Applied Materials, Inc. (AMAT) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Applied Materials, Inc. (AMAT) reported $29.02B in revenue for fiscal year 2025. This represents a 600% increase from $4.14B in 1996.
Applied Materials, Inc. (AMAT) grew revenue by 4.4% over the past year. Growth has been modest.
Yes, Applied Materials, Inc. (AMAT) is profitable, generating $8.51B in net income for fiscal year 2025 (24.7% net margin).
Dividend & Returns
Yes, Applied Materials, Inc. (AMAT) pays a dividend with a yield of 0.28%. This makes it attractive for income-focused investors.
Applied Materials, Inc. (AMAT) has a return on equity (ROE) of 35.5%. This is excellent, indicating efficient use of shareholder capital.
Applied Materials, Inc. (AMAT) generated $5.96B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.