If you had invested in Applied Materials ago, it would be worth $14,561 today, against $4,305 in SPY and $6,524 in QQQ.
Arincen ScoreBeta
Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.
Profitability10
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Cash10
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Valuation6
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Growth10
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Financial strength8
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Shareholders6
Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.
Figures to FY2025; the price as of today.
Applied Materials key facts
- Style
- Growth stock · 8.8/10Growth 8.8 · Value 4.1 · Dividend 1.3
- Day range
- 363.00 – 383.59
- 52-week range
- 203.40 – 739.67
- Market capitalization
- 293.17B USD
- P/E
- 31.66
- EPS
- 11.67
- Div Yield
- 0.57%
- EPS growth forecast (FY2026)
- +36.0%
- Volume
- 282,055
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Gary E. Dickerson
- Employees
- 37K
- Website
- appliedmaterials.com
- IPO date
- 17 Mar 1980
Applied Materials earnings
Revenue
EPS
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q3 FY2027 | 4.88 | — | — | +39.43% | 12.03B | — | — | +31.93% | |
| Q2 FY2027 | 4.54 | — | — | +58.75% | 11.39B | — | — | +44.01% | |
| Q1 FY2027 | 4.23 | — | — | +77.88% | 10.83B | — | — | +54.50% | |
| Q4 FY2026 | 4.06 | — | — | +87.10% | 10.30B | — | — | +51.47% | |
| Q3 FY2026 | 3.40 | 3.50 | +2.94% | +41.13% | 8.99B | 9.12B | +1.33% | +24.83% | |
| Q2 FY2026 | 2.68 | 2.86 | +6.72% | +19.67% | 7.68B | 7.91B | +2.95% | +11.41% | |
| Q1 FY2026 | 2.21 | 2.38 | +7.69% | 0.00% | 6.87B | 7.01B | +2.06% | -2.15% | |
| Q4 FY2025 | 2.11 | 2.17 | +2.84% | -6.47% | 6.68B | 6.80B | +1.74% | -3.48% | |
| Q3 FY2025 | 2.36 | 2.48 | +5.08% | +16.98% | 7.22B | 7.30B | +1.11% | +7.73% | |
| Q2 FY2025 | 2.31 | 2.39 | +3.46% | +14.35% | 7.13B | 7.10B | -0.40% | +6.83% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 24.64 | — | — | +31.25% | 57.18B | — | — | +22.03% |
| FY2027 | 18.77 | — | — | +46.46% | 46.86B | — | — | +36.51% |
| FY2026 | 12.82 | — | — | +36.05% | 34.33B | — | — | +21.01% |
| FY2025 | 9.37 | 9.42 | +0.53% | +8.78% | 28.26B | 28.37B | +0.37% | +4.39% |
| FY2024 | 7.71 | 8.66 | +12.33% | +7.58% | 27.64B | 27.18B | -1.66% | +2.49% |
| FY2023 | 7.92 | 8.05 | +1.62% | +4.41% | 26.32B | 26.52B | +0.75% | +2.84% |
| FY2022 | 7.43 | 7.71 | +3.74% | +12.39% | 25.49B | 25.79B | +1.15% | +11.80% |
Applied Materials analyst forecast
Analysts' 1-year price targets range from 530.00 to 900.00, with an average of 659.83.
| Strong buy | 0 | |
| Buy | 24 | |
| Hold | 2 | |
| Sell | 0 | |
| Strong sell | 0 |
12-month price target
| Highest target | 900.00 |
| Average target | 659.83 |
| Lowest target | 530.00 |
| Current price | 369.42 |
Applied Materials valuation
- Price to earnings ratio (TTM)
- 31.66
- Forward P/E (FY2027)
- 19.68
- Price to sales (TTM)
- 9.51
- Price to book
- 11.44
- EV / EBITDA (TTM)
- 25.27
Capital structure
Valuation over time
Applied Materials against its own history
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: Lam Research, Texas Instruments, Intel, Analog Devices, KLA, and QUALCOMM, the US Semiconductors companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- P/E (today)Above its median31.79.967.7
- Gross marginHighest in 5 years48.7%46.5%48.7%Against its peers: 6 of 7Peers' median 56.2%
- Operating marginAt its median29.2%28.9%30.2%Against its peers: 4 of 7Peers' median 31.0%
- Net marginLowest in 5 years24.7%24.7%26.4%Against its peers: 4 of 7Peers' median 24.4%
- Return on equityLowest in 5 years34.3%34.3%53.5%Against its peers: 3 of 7Peers' median 28.4%
- Free cash flow marginBelow its median20.1%17.9%28.6%Against its peers: 5 of 7Peers' median 24.4%
- Revenue growthAt its median4.4%2.5%34.1%Against its peers: 6 of 7Peers' median 13.4%
- EPS growthLowest in 5 years0.6%0.6%63.3%Against its peers: 5 of 6Peers' median 20.5%
- Debt to EBITDABelow its median0.71×0.71×0.78×Against its peers: 2 of 7Peers' median 1.41×
- Current ratioHighest in 5 years2.612.162.61Against its peers: 5 of 7Peers' median 2.72
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Applied Materials growth and profitability
- Revenue (TTM)
- 30.84B USD
- Net income (TTM)
- 9.27B USD
- Gross margin
- 49.40%
- Operating margin
- 30.50%
- Net margin
- 30.05%
Revenue / Net income
Applied Materials revenue breakdown
By product
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Semiconductor Systems | 20.80B | 73.3% | +4.5% |
| Applied Global Services | 6.39B | 22.5% | +2.6% |
| Corporate And Reconciling Items | 1.19B | 4.2% | — |
By region
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| CHINA | 8.53B | 30.1% | -15.7% |
| TAIWAN, PROVINCE OF CHINA | 6.86B | 24.2% | +71.0% |
| KOREA, REPUBLIC OF | 5.61B | 19.8% | +24.8% |
| UNITED STATES | 3.06B | 10.8% | -19.8% |
| JAPAN | 2.27B | 8.0% | +5.5% |
| Southeast Asia | 1.08B | 3.8% | -5.7% |
| Europe | 962.00M | 3.4% | -33.3% |
How Applied Materials makes its money
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
Applied Materials dividends
- Annual dividend
- 2.12 USD
- Dividend yield (indicated)
- 0.57%
- Payout ratio
- 21.51%
- Years of dividend growth
- 9
- Frequency
- Quarterly
- Last payment
- 0.53 USD
- Last ex-dividend date
- 19 Nov 2026
- Last payment date
- 10 Dec 2026
Dividends per share
Applied Materials financial health
- Cash and short-term investments
- 9.23B USD
- Total debt
- 7.35B USD
- Net cash
- 1.89B USD
- Free cash flow (TTM)
- 5.62B USD
- Current ratio
- 2.42
- Debt to equity
- 0.29
- Piotroski score
- 6 / 9
- Altman Z-score
- 13.89
Cash, debt and free cash flow
Applied Materials ownership
- Institutions
- 84.27%
- Institutional holders
- 3,652 (+580)
- Free float
- 99.61%
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q3 2026 | 0 | 2 | 279.00 | 8.63K |
| Q2 2026 | 0 | 34 | 0.00 | 315.36K |
| Q1 2026 | 0 | 5 | 6.67K | 14.22K |
| Q4 2025 | 0 | 3 | 513.07K | 402.64K |
Shares outstanding
Source: Financial Modeling Prep






















