AMAT Shares Rally 6.5% In A Day: How Does the Competition Measure Up?
Here is how Applied Materials (AMAT) stacks up against its peers in size, valuation, growth and margin.
- AMAT’s operating margin of 30.1% is high, lower than most peers – trailing KLAC (41.2%).
- AMAT’s revenue growth of 6.6% in the last 12 months is moderate, outpacing TXN, MCHP but lagging LRCX, KLAC.
- AMAT’s stock gained 3.0% over the past year and trades at a PE of 22.2, though peers like LRCX, KLAC delivered stronger returns.
As a quick background, Applied Materials provides manufacturing equipment, services, and software for semiconductor chip fabrication and display technologies, including LCD, OLED, and other displays for various electronic devices.
| AMAT | TXN | MCHP | LRCX | KLAC | |
|---|---|---|---|---|---|
| Market Cap ($ Bil) | 151.4 | 164.9 | 35.7 | 161.0 | 138.2 |
| Revenue ($ Bil) | 28.6 | 16.7 | 4.2 | 18.4 | 12.2 |
| PE Ratio | 22.2 | 32.7 | -240.8 | 30.0 | 34.0 |
| LTM Revenue Growth | 6.6% | 3.6% | -35.7% | 23.7% | 23.9% |
| LTM Operating Margin | 30.1% | 34.9% | 4.9% | 32.0% | 41.2% |
| LTM FCF Margin | 20.4% | 9.0% | 17.1% | 29.4% | 30.8% |
| 12M Market Return | 3.0% | -6.8% | -10.7% | 68.6% | 44.6% |
Why does this matter? AMAT just went up 17% in a month – peer comparison puts stock performance, valuation, and financials in context – highlighting whether it is truly outperforming, lagging behind, and above all – can this continue? Read Buy or Sell AMAT Stock to see if Applied Materials holds up as a quality investment. Furthermore, there is always a risk of fall after a strong rally – see how the stock has dipped and recovered in the past through AMAT Dip Buyer Analysis lens.
While peer comparison is critical Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risks while giving upside exposure.
Revenue Growth Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| AMAT | 6.6% | – | 2.5% | 2.8% | 11.8% |
| TXN | 3.6% | – | -10.7% | -12.5% | 9.2% |
| MCHP | -35.7% | -42.3% | -9.5% | 23.7% | |
| LRCX | 23.7% | 23.7% | -14.5% | 1.2% | |
| KLAC | 23.9% | 23.9% | -6.5% | 13.9% |
Operating Margin Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| AMAT | 30.1% | – | 28.9% | 28.9% | 30.2% |
| TXN | 34.9% | – | 34.1% | 41.8% | 51.9% |
| MCHP | 4.9% | 8.5% | 33.5% | 36.9% | |
| LRCX | 32.0% | 32.0% | 28.7% | 29.9% | |
| KLAC | 41.2% | 41.2% | 37.1% | 38.1% |
PE Ratio Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| AMAT | 22.2 | – | 18.7 | 19.9 | 13.0 |
| TXN | 32.7 | – | 35.6 | 23.8 | 17.3 |
| MCHP | -240.8 | -61628.3 | 25.6 | 17.3 | |
| LRCX | 30.0 | 17.3 | 26.9 | 12.6 | |
| KLAC | 34.0 | 20.6 | 28.5 | 15.5 |
The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.