AMAT

Applied Materials
D

AMAT

Arincen83/100B

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.

ArincenArincen ScoreBeta

83/100

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
IPO date
17 Mar 1980

Applied Materials earnings

Next earnings · Q4 FY2026
EPS estimate
4.06 USD
Revenue estimate
10.30B USD
Last quarter · Q3 FY2026
EPS3.50Beat +2.9%Revenue9.12BBeat +1.3%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q3 FY20274.88——+39.43%12.03B——+31.93%
Q2 FY20274.54——+58.75%11.39B——+44.01%
Q1 FY20274.23——+77.88%10.83B——+54.50%
Q4 FY20264.06——+87.10%10.30B——+51.47%
Q3 FY20263.403.50+2.94%+41.13%8.99B9.12B+1.33%+24.83%
Q2 FY20262.682.86+6.72%+19.67%7.68B7.91B+2.95%+11.41%
Q1 FY20262.212.38+7.69%0.00%6.87B7.01B+2.06%-2.15%
Q4 FY20252.112.17+2.84%-6.47%6.68B6.80B+1.74%-3.48%
Q3 FY20252.362.48+5.08%+16.98%7.22B7.30B+1.11%+7.73%
Q2 FY20252.312.39+3.46%+14.35%7.13B7.10B-0.40%+6.83%

Applied Materials analyst forecast

12-month price target
659.83 USD
+78.61%

Analysts' 1-year price targets range from 530.00 to 900.00, with an average of 659.83.

Past year
1-year forecast
Strong sellStrong buy
Buy
26 ratings
Strong buy
0
Buy
24
Hold
2
Sell
0
Strong sell
0

12-month price target

Highest target900.00
Average target659.83
Lowest target530.00
Current price369.42

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

Market capitalization
293.17B USD
+
Total debt
7.35B USD
−
Cash and short-term investments
9.23B USD
=
Enterprise value
291.28B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)15.00————
FY2027 (est.)19.6815.00———
FY2026 (est.)28.8319.68———
Now (TTM)31.6619.519.5111.4425.27
FY202526.5617.886.569.1118.63
FY202421.3519.935.648.0717.27
FY202316.0617.034.156.7313.00
FY202211.7911.332.986.319.78
FY202121.5618.405.5010.3717.29

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 median31.7
    9.967.7
  • 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 years2.61
    2.162.61
    Against 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

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202528.37B+4.39%7.00B-2.49%48.67%29.22%24.67%9.98B+13.47%
FY202427.18B+2.49%7.18B+4.68%47.46%28.95%26.41%8.79B+3.96%
FY202326.52B+2.84%6.86B+5.07%46.70%28.86%25.86%8.46B+2.40%
FY202225.79B+11.80%6.53B+10.82%46.51%30.20%25.31%8.26B+11.78%
FY202123.06B+34.07%5.89B+62.70%47.32%29.87%25.53%7.39B+54.72%

Applied Materials revenue breakdown

By product

FY2025
Semiconductor Systems: 73.3%Applied Global Services: 22.5%Corporate And Reconciling Items: 4.2%73.3%Semiconductor Systems22.5%Applied Global Services4.2%Corporate And Reconciling Items
SegmentRevenueShare of revenueChange on the year
Semiconductor Systems20.80B73.3%+4.5%
Applied Global Services6.39B22.5%+2.6%
Corporate And Reconciling Items1.19B4.2%—

By region

FY2025
CHINA: 30.1%TAIWAN, PROVINCE OF CHINA: 24.2%KOREA, REPUBLIC OF: 19.8%UNITED STATES: 10.8%JAPAN: 8.0%Southeast Asia: 3.8%Europe: 3.4%30.1%CHINA24.2%TAIWAN, PROVINCE OF CHINA19.8%KOREA, REPUBLIC OF10.8%UNITED STATES8.0%JAPAN3.8%Southeast Asia3.4%Europe
RegionRevenueShare of revenueChange on the year
CHINA8.53B30.1%-15.7%
TAIWAN, PROVINCE OF CHINA6.86B24.2%+71.0%
KOREA, REPUBLIC OF5.61B19.8%+24.8%
UNITED STATES3.06B10.8%-19.8%
JAPAN2.27B8.0%+5.5%
Southeast Asia1.08B3.8%-5.7%
Europe962.00M3.4%-33.3%

How Applied Materials makes its money

Semiconductor Systems20.80B 73.3%
Applied Global Services6.39B 22.5%
Corporate And Reconciling Items1.19B 4.2%
Revenue28.37B 100.0%
Cost of revenue14.56B 51.3%
Gross profit13.81B 48.7%
Research and development3.57B 12.6%
Selling and administration1.77B 6.2%
Other operating expenses181.00M 0.6%
Operating income8.29B 29.2%
Tax2.27B 8.0%
Net income7.00B 24.7%

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

Year2025202420232022202120202019201820172016
Dividends per share1.781.521.221.020.940.870.830.700.400.40

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

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY20258.57B7.05B5.70B
FY20249.47B6.61B7.49B
FY20236.87B6.00B7.59B
FY20222.58B5.83B4.61B
FY20215.46B5.75B4.77B

Applied Materials ownership

Institutions
84.27%
Institutional holders
3,652 (+580)
Free float
99.61%
InstitutionsOthers
As of 30 Jun 2026

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q3 202602279.008.63K
Q2 20260340.00315.36K
Q1 2026056.67K14.22K
Q4 202503513.07K402.64K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY2025804.00M808.00M-3.12%
FY2024827.00M834.00M-1.30%
FY2023840.00M845.00M-3.65%
FY2022871.00M877.00M-4.57%
FY2021910.00M919.00M-0.43%

Source: Financial Modeling Prep

Signals
Moustafa El khaldy
Moustafa El khaldy
9 months ago
buy
AMAT
AMATApplied Materials @339.54
2026-01-28 10:44
AMAT@339.54 Chart
Profit
-2,049.75
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-12.07%
buy
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AMATApplied Materials @164.55
2025-08-27 07:15
AMAT@164.55 Chart
Profit
3,403.50
USD
41.37%
buy
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AMATApplied Materials @127.89
2025-04-07 10:06
AMAT@127.89 Chart
Profit
3,911.50
USD
61.17%
buy
AMAT
AMATApplied Materials @146.96
2025-03-12 09:06
AMAT@146.96 Chart
Profit
2,686.00
USD
36.55%
buy
AMAT
AMATApplied Materials @169.19
2025-02-17 11:24
AMAT@169.19 Chart
Profit
1,215.50
USD
14.37%
buy
AMAT
AMATApplied Materials @164.55
2025-08-27 07:03
AMAT@164.55 Chart
Profit
1,165.00
USD
14.16%
More
Related Instruments News

Title: Applied Materials

Sector: Technology
Industry: Semiconductors
Applied Materials Inc. was founded on November 10, 1967, and is headquartered in Santa Clara, California. The company supplies equipment, services and software for the manufacture of semiconductor (integrated circuit) chips for electronics, flat panel displays for computers, smartphones, televisions, as well as solar products. Its operations are divided into the following business units: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems division makes products for mineral inspection, implantation, and packaging. The Applied Global Services division provides solutions to improve and optimize the productivity of equipment, while the Display & Adjacent Markets division manufactures liquid crystal displays used in applications such as TVs, monitors, smartphones, and other consumer-oriented devices.

Common questions about Applied Materials stock

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