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Applied Materials (AMAT)

Market Price (10/14/2025): $219.39 | Market Cap: $175.1 Bil
Sector: Information Technology | Industry: Semiconductor Materials & Equipment

Applied Materials (AMAT)

Market Price (10/14/2025): $219.39
Market Cap: $175.1 Bil
Sector: Information Technology
Industry: Semiconductor Materials & Equipment

Investment Highlights

0 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 30%		 Trading close to highs
Dist 52W High is -2.0%		 
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 27%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 20%, CFO LTM is 7.7 Bil, FCF LTM is 5.8 Bil		  
2 Low stock price volatility
Vol 12M is 46%		  
0 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 30%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 27%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 20%, CFO LTM is 7.7 Bil, FCF LTM is 5.8 Bil
2 Low stock price volatility
Vol 12M is 46%
3 Trading close to highs
Dist 52W High is -2.0%

Market Valuation & Key Metrics

AMATS&P 500
REVENUE GROWTHFAIR
Rev LTM ($ Bil)28.6
Rev Chg Q7.7%6.1%
Rev Chg LTM6.6%5.2%
Rev Chg 3Y Avg4.4%5.3%
PROFITABILITYVERY GOOD
Op Inc LTM ($ Bil)8.6
Op Mgn LTM30.1%18.6%
CFO LTM ($ Bil)7.7
CFO/Rev LTM26.9%20.3%
Net Inc LTM ($ Bil)6.8
Net Inc Mgn23.9%12.7%
VALUATIONHIGH
P/S6.13.2
P/CFO22.715.6
P/FCF30.120.6
P/E25.623.6
STABILITYVERY GOOD
Debt/Equity0.040.21
Cash/Assets0.210.07

AMAT Stock

Factor Drivers of Stock Movement
The 52.7% change in AMAT stock from 4/14/2025 to 10/13/2025 was primarily driven by a 39.0% change in the company's P/E Multiple.

414202510132025Change
Stock Price ($)143.71219.4852.73%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)27635.0028613.003.54%
Net Income Margin (%)22.95%23.88%4.03%
P/E Multiple18.4425.6439.01%
Shares Outstanding (Mil)814.00798.001.97%
Cumulative Contribution52.67%

LTM = Last Twelve Months as of date shown
The 8.1% change in AMAT stock from 10/13/2024 to 10/13/2025 was primarily driven by a 13.9% change in the company's P/E Multiple.

1013202410132025Change
Stock Price ($)202.95219.488.15%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)26854.0028613.006.55%
Net Income Margin (%)27.74%23.88%-13.93%
P/E Multiple22.5025.6413.93%
Shares Outstanding (Mil)826.00798.003.39%
Cumulative Contribution8.02%

LTM = Last Twelve Months as of date shown
The 201.5% change in AMAT stock from 10/14/2022 to 10/13/2025 was primarily driven by a 170.9% change in the company's P/E Multiple.

1014202210132025Change
Stock Price ($)72.80219.48201.50%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)25159.0028613.0013.73%
Net Income Margin (%)26.42%23.88%-9.61%
P/E Multiple9.4625.64170.89%
Shares Outstanding (Mil)864.00798.007.64%
Cumulative Contribution199.74%

LTM = Last Twelve Months as of date shown

Price Returns Compared

 202020212022202320242025Total [1]
Returns
AMAT Return43%84%-38%68%1%36%263%
Peers Return20%31%-26%20%-15%35%62%
S&P 500 Return16%27%-19%24%23%13%103%

Monthly Win Rates [3]
AMAT Win Rate58%67%33%75%50%56% 
Peers Win Rate48%45%30%43%30%36% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
AMAT Max Drawdown-38%0%-52%-1%-8%-22% 
Peers Max Drawdown-32%-2%-36%-11%-21%-25% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 

[1] Cumulative total returns since the beginning of 2020
[2] Peers: TXN, MCHP, PXLW, Q, LRCX. See AMAT Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/13/2025 (YTD)

Downturns Compared

Unique KeyEventAMATS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-55.4%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven124.4%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven459 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-43.6%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven77.4%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven147 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-52.9%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven112.5%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven326 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-64.5%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven182.1%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven2055 days1480 days


How Low Can It Go?

Applied Materials's stock fell -55.4% during the 2022 Inflation Shock from a high on 1/14/2022. A -55.4% loss requires a 124.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Applied Materials (AMAT)

Applied 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.

Interactive Breakdown

Applied Materials Interactive Breakdown Analysis

Better Bets than Applied Materials (AMAT)

 AMATBetter Performance than AMAT
MetricValueIndustry (Semiconductor Materials & Equi)
Rev Chg LTM6.6%LRCX (23.7%), KLAC (23.9%), NVMI (43.7%), AEIS (8.5%), ONTO (15.5%)
Rev Chg 3Y Avg4.4%KLAC (10.4%), ENTG (10.9%), NVMI (17.9%), MKSI (8.4%), CAMT (16.5%)
Op Mgn LTM30.1%LRCX (32.0%), KLAC (41.2%)
CFO/Rev LTM26.9%LRCX (33.5%), KLAC (33.6%), TER (28.0%), NVMI (28.5%), ENPH (27.8%)
FCF/Rev LTM20.4%LRCX (29.4%), KLAC (30.8%), NVMI (25.5%), ONTO (23.0%), ENPH (25.2%)
Total Yield4.7%ACLS (6.1%), PLAB (8.1%)
 AMATBetter Performance than AMAT
MetricValueAll Other Sectors
Rev Chg LTM6.6%GOOGL (13.1%), AMZN (10.9%), META (19.4%), JPM (8.2%), LLY (36.8%)
Rev Chg 3Y Avg4.4%GOOGL (10.2%), AMZN (11.3%), META (13.0%), TSLA (12.9%), JPM (13.5%)
Op Mgn LTM30.1%GOOGL (32.7%), META (42.9%), LLY (43.0%), V (66.5%), MA (58.0%)
CFO/Rev LTM26.9%GOOGL (36.0%), META (56.4%), V (60.4%), MA (53.3%), ABBV (33.1%)
FCF/Rev LTM20.4%META (30.7%), V (56.8%), NFLX (20.4%), MA (49.2%), ABBV (31.3%)
Total Yield4.7%JPM (6.6%), XOM (9.9%), JNJ (7.6%), BABA (37.8%), HD (6.3%)

Latest Trefis Analyses

TitleTopicDate
0DASHBOARDS  
1Applied Materials Earnings Notes  
2Applied Materials Stock Surges 31% In A Single Month, Should You Buy The Stock?Buy or Fear 
3Applied Materials Stock Jumped 23% in a Month, What Now?Return 
4Day 8 of Gains Streak for Applied Materials Stock with 20% Return (vs. 25% YTD) [9/24/2025]Notification 
5Day 7 of Gains Streak for Applied Materials Stock with 20% Return (vs. 25% YTD) [9/23/2025]Notification 
6Day 6 of Gains Streak for Applied Materials Stock with 19% Return (vs. 24% YTD) [9/22/2025]Notification 
7AMAT Near Crucial Support Level - Buy Signal AheadActionable 
8Better Bet Than AMAT Stock: Pay Less Than Applied Materials To Get More From ACN, ADBE   
9Better Bet Than AMAT Stock: Pay Less Than Applied Materials To Get More From ACN, ADBE   
10Better Bet Than AMAT Stock: Pay Less Than Applied Materials To Get More From ACMR Actionable 
11ARTICLES  
12Applied Materials Stock Leaps 35% In One Month, Should You Buy The Stock? October 10th, 2025
13Applied Materials Stock Lost 5.5% In A Day. Do You Buy Or Wait? October 8th, 2025
14Better Bet Than Teradyne Stock: Pay Less To Get More From LRCX, AMAT October 3rd, 2025
15AMAT Stock Up 20% after 8-Day Win Streak September 25th, 2025
16AMAT Stock Up 20% after 7-Day Win Streak September 24th, 2025
Title
0DASHBOARDS
1Applied Materials Stock Leaps 35% In One Month, Should You Buy The Stock?
2Applied Materials Stock Lost 5.5% In A Day. Do You Buy Or Wait?
3Better Bet Than Teradyne Stock: Pay Less To Get More From LRCX, AMAT
4AMAT Stock Up 20% after 8-Day Win Streak
5AMAT Stock Up 20% after 7-Day Win Streak
6ARTICLES
7Applied Materials Earnings Notes
8Applied Materials Stock Surges 31% In A Single Month, Should You Buy The Stock?
9Applied Materials Stock Jumped 23% in a Month, What Now?
10Day 8 of Gains Streak for Applied Materials Stock with 20% Return (vs. 25% YTD) [9/24/2025]
11Day 7 of Gains Streak for Applied Materials Stock with 20% Return (vs. 25% YTD) [9/23/2025]
12Day 6 of Gains Streak for Applied Materials Stock with 19% Return (vs. 24% YTD) [9/22/2025]
13AMAT Near Crucial Support Level - Buy Signal Ahead
14Better Bet Than AMAT Stock: Pay Less Than Applied Materials To Get More From ACN, ADBE 
15Better Bet Than AMAT Stock: Pay Less Than Applied Materials To Get More From ACN, ADBE 
16Better Bet Than AMAT Stock: Pay Less Than Applied Materials To Get More From ACMR 

Trade Ideas

Select past trade ideas related to AMAT and Semiconductor Materials & Equipment.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ADBE_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025ADBEAdobeMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-4.3%-4.3%-4.3%
CRM_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		2.0%2.0%-0.6%
MPWR_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025MPWRMonolithic Power SystemsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-1.8%-1.8%-1.8%
POWI_9262025_Dip_Buyer_High_CFO_Margins_ExInd_DE09262025POWIPower IntegrationsDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap		-13.4%-13.4%-13.4%
ROP_9262025_Monopoly_xInd_xCD_Getting_Cheaper09262025ROPRoper TechnologiesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		2.1%2.1%-0.3%
AMAT_8312025_Monopoly_xInd_xCD_Getting_Cheaper08312025AMATApplied MaterialsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		30.6%30.6%-2.8%
AMAT_2282025_Monopoly_xInd_xCD_Getting_Cheaper02282025AMATApplied MaterialsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		2.3%33.6%-19.7%
AMAT_8312022_Dip_Buyer_FCFYield08312022AMATApplied MaterialsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		25.2%63.9%-20.9%
AMAT_5312019_Dip_Buyer_FCFYield05312019AMATApplied MaterialsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		50.8%47.4%-0.7%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ADBE_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025ADBEAdobeMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-4.3%-4.3%-4.3%
CRM_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		2.0%2.0%-0.6%
MPWR_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025MPWRMonolithic Power SystemsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-1.8%-1.8%-1.8%
POWI_9262025_Dip_Buyer_High_CFO_Margins_ExInd_DE09262025POWIPower IntegrationsDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap		-13.4%-13.4%-13.4%
ROP_9262025_Monopoly_xInd_xCD_Getting_Cheaper09262025ROPRoper TechnologiesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		2.1%2.1%-0.3%
AMAT_8312025_Monopoly_xInd_xCD_Getting_Cheaper08312025AMATApplied MaterialsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		30.6%30.6%-2.8%
AMAT_2282025_Monopoly_xInd_xCD_Getting_Cheaper02282025AMATApplied MaterialsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		2.3%33.6%-19.7%
AMAT_8312022_Dip_Buyer_FCFYield08312022AMATApplied MaterialsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		25.2%63.9%-20.9%
AMAT_5312019_Dip_Buyer_FCFYield05312019AMATApplied MaterialsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		50.8%47.4%-0.7%

See Trefis Trade Ideas for more.

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1UAMYUnited States Antimony106.6%844.1%
2BITFBitfarms55.8%261.7%
3ASPIASP Isotopes48.5%194.0%
4USARUSA Rare Earth47.0%129698.7%
5UUUUEnergy Fuels40.6%363.4%
6TMCTMC The Metals38.5%854.5%
7SESSES AI37.9%53.0%
8GLUEMonte Rosa Therapeutics35.8%49.9%
9APGEApogee Therapeutics35.5%19.1%
10METCRamaco Resources34.7%418.5%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1VGVenture Global-35.2% 
2BNBrookfield-34.2%17.5%
3BNTBrookfield Wealth Solutions-34.1%17.5%
4BBBYBed Bath & Beyond-28.6% 
5HELEHelen Of Troy-25.9%-67.4%
6PENGPenguin Solutions-23.8%16.3%
7USNAUsana Health Sciences-22.8%-42.8%
8TASKTaskUs-22.4%-21.8%
9NFENew Fortress Energy-21.8%-87.4%
10OPENOpendoor Technologies-21.7%354.4%

1 Month Top Gainers

#TickerCompany1M RtnYTD Rtn
1WOLFWolfspeed1297.9%389.0%
2QUREuniQure276.2%251.2%
3UAMYUnited States Antimony238.9%844.1%
4LACLithium Americas194.8%183.8%
5RGTIRigetti Computing187.6%259.8%
6USARUSA Rare Earth175.1%129698.7%
7SESSES AI168.0%53.0%
8PLUGPlug Power156.6%83.1%
9CLPTClearPoint Neuro150.4%70.8%
10BITFBitfarms141.7%261.7%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1ANGXAngel Studios-49.7% 
2REXREX American Resources-47.9%52.0%
3VGVenture Global-33.4% 
4USNAUsana Health Sciences-32.7%-42.8%
5FLYFirefly Aerospace-31.7% 
6LDIloanDepot-31.4%43.6%
7TIPTTiptree-29.9%-13.6%
8GOSSGossamer Bio-29.5%169.7%
9PGYPagaya Technologies-29.5%201.1%
10IDTIDT-29.4%-1.3%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1UAMYUnited States Antimony106.6%844.1%
2BITFBitfarms55.8%261.7%
3ASPIASP Isotopes48.5%194.0%
4USARUSA Rare Earth47.0%129698.7%
5UUUUEnergy Fuels40.6%363.4%
6TMCTMC The Metals38.5%854.5%
7SESSES AI37.9%53.0%
8GLUEMonte Rosa Therapeutics35.8%49.9%
9APGEApogee Therapeutics35.5%19.1%
10METCRamaco Resources34.7%418.5%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1VGVenture Global-35.2% 
2BNBrookfield-34.2%17.5%
3BNTBrookfield Wealth Solutions-34.1%17.5%
4BBBYBed Bath & Beyond-28.6% 
5HELEHelen Of Troy-25.9%-67.4%
6PENGPenguin Solutions-23.8%16.3%
7USNAUsana Health Sciences-22.8%-42.8%
8TASKTaskUs-22.4%-21.8%
9NFENew Fortress Energy-21.8%-87.4%
10OPENOpendoor Technologies-21.7%354.4%

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Applied Materials

Financials

AMATTXNMCHPPXLWQLRCXMedian
NameApplied .Texas In.Microchi.Pixelwor.Qnity El.Lam Rese. 
Mkt Price219.48175.1164.3915.23-137.81137.81
Mkt Cap175.1159.034.70.1-175.6159.0
Rev LTM28,61316,6754,23634-18,43616,675
Op Inc LTM8,6235,818208-27-5,9015,818
FCF LTM5,8231,503726-26-5,4141,503
FCF 3Y Avg6,4572,0602,018-21-4,7822,060
CFO LTM7,7056,439797-25-6,1736,173
CFO 3Y Avg7,7886,7522,282-18-5,3355,335

Growth & Margins

AMATTXNMCHPPXLWQLRCXMedian
NameApplied .Texas In.Microchi.Pixelwor.Qnity El.Lam Rese. 
Rev Chg LTM6.6%3.6%-35.7%-44.0%-23.7%3.6%
Rev Chg 3Y Avg4.4%-4.9%-13.0%-17.8%-3.5%-4.9%
Rev Chg Q7.7%16.4%-13.4%-3.3%-33.6%7.7%
QoQ Delta Rev Chg LTM1.9%3.9%-3.8%-0.8%-7.6%1.9%
Op Mgn LTM30.1%34.9%4.9%-80.6%-32.0%30.1%
Op Mgn 3Y Avg29.4%39.5%23.8%-55.6%-30.2%29.4%
QoQ Delta Op Mgn LTM0.5%0.6%-3.6%9.5%-1.2%0.6%
CFO/Rev LTM26.9%38.6%18.8%-72.7%-33.5%26.9%
CFO/Rev 3Y Avg28.5%39.3%32.1%-40.2%-31.5%31.5%
FCF/Rev LTM20.4%9.0%17.1%-76.0%-29.4%17.1%
FCF/Rev 3Y Avg23.7%11.7%28.5%-45.8%-28.3%23.7%

Valuation

AMATTXNMCHPPXLWQLRCXMedian
NameApplied .Texas In.Microchi.Pixelwor.Qnity El.Lam Rese. 
Mkt Cap175.1159.034.70.1-175.6159.0
P/S6.19.58.22.4-9.58.2
P/EBIT19.125.7318.8-2.9-28.625.7
P/E25.631.5-234.0-2.9-32.825.6
P/CFO22.724.743.6-3.3-28.424.7
Total Yield4.7%6.3%0.3%-34.8%-3.7%3.7%
Dividend Yield0.8%3.1%0.7%0.0%-0.7%0.7%
FCF Yield 3Y Avg4.4%1.2%4.3%-39.5%-4.3%4.3%
D/E0.00.10.20.0-0.00.0
Net D/E-0.00.10.1-0.1--0.0-0.0

Returns

AMATTXNMCHPPXLWQLRCXMedian
NameApplied .Texas In.Microchi.Pixelwor.Qnity El.Lam Rese. 
1M Rtn30.8%-4.1%-0.5%31.4%-18.1%18.1%
3M Rtn11.7%-19.8%-12.4%90.6%-38.6%11.7%
6M Rtn52.7%17.8%68.1%122.7%-104.0%68.1%
12M Rtn8.1%-12.1%-15.0%57.3%-68.0%8.1%
3Y Rtn201.5%29.2%20.3%-11.2%-352.4%29.2%
1M Excs Rtn29.7%-5.2%-1.5%30.3%-17.0%17.0%
3M Excs Rtn3.9%-25.8%-17.9%70.2%-30.0%3.9%
6M Excs Rtn28.2%-3.6%44.7%108.5%-81.1%44.7%
12M Excs Rtn-6.7%-26.9%-30.1%65.3%-53.2%-6.7%
3Y Excs Rtn78.3%-62.7%-75.0%-101.3%-180.7%-62.7%

Comparison Analyses

Title
0Applied Materials vs. Texas Instruments: With Return Forecast Of 14%, Applied Materials Is A Better Bet
1MU Could Deliver 38% Returns And Outperform AMAT
2Applied Materials vs. Qualcomm: With Return Forecast Of 15%, Applied Materials Is A Better Bet
3MCHP or AMAT - With 8.8% Return Forecast, AMAT Probably Deserves Your Money
4Applied Materials vs. Nike: With Return Forecast Of 40%, Applied Materials Is A Better Bet
5Applied Materials vs. Costco: With Return Forecast Of 48%, Costco Is A Better Bet
6Applied Materials vs. Eli Lilly and Company: With Return Forecast Of 40%, Applied Materials Is A Better Bet
7Applied Materials vs. Union Pacific: With Return Forecast Of 31%, Applied Materials Is A Better Bet
8Applied Materials vs. McDonald's: With Return Forecast Of 31%, Applied Materials Is A Better Bet
9Applied Materials vs. NVIDIA: With Return Forecast Of 69%, NVIDIA Is A Better Bet

Financials

$ Mil | FY: 10/272025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q4
Period End7/27/20254/27/20251/26/202510/27/20247/28/20244/28/20241/28/202410/29/20237/30/20234/30/20231/29/202310/30/2022
Filing Date8/21/20255/22/20252/20/202512/13/20248/22/20245/23/20242/27/202412/15/20238/24/20235/26/20232/23/202312/16/2022
Key Financials Quarterly            
Total Revenue7,3027,1007,1667,0456,7786,6466,7076,7236,4256,6306,7396,749
Ebitda2,7422,4932,2882,0712,1182,1492,4532,3602,0022,0402,1402,129
Operating Income2,2332,1692,1752,0461,9421,9121,9671,9711,8021,9111,9701,994
Net Income1,7792,1371,1851,7311,7051,7222,0192,0041,5601,5751,7171,591
EPS2.232.641.462.112.062.082.432.401.861.872.031.86
Key Financials TTM            
Total Revenue TTM28,61328,08927,63527,17626,85426,50126,48526,51726,54326,63826,25325,785
Ebitda TTM9,5948,9708,6268,7919,0808,9648,8558,5428,3118,3418,3348,278
Operating Income TTM8,6238,3328,0757,8677,7927,6527,6517,6547,6777,7997,7827,784
Net Income TTM6,8326,7586,3437,1777,4507,3057,1586,8566,4436,4896,4506,525
Growth Rates Quarterly            
Total Revenue Growth7.7%6.8%6.8%4.8%5.5%0.2%-0.5%-0.4%-1.5%6.2%7.5%10.2%
EBITDA Growth29.5%16.0%-6.7%-12.2%5.8%5.3%14.6%10.9%-1.5%0.3%2.7%-1.8%
Operating Income Growth15.0%13.4%10.6%3.8%7.8%0.1%-0.2%-1.2%-6.3%0.9%-0.1%-0.9%
Net Income Growth4.3%24.1%-41.3%-13.6%9.3%9.3%17.6%26.0%-2.9%2.5%-4.2%-7.1%
Margins Quarterly            
EBITDA Margin37.6%35.1%31.9%29.4%31.2%32.3%36.6%35.1%31.2%30.8%31.8%31.5%
Operating Income Margin30.6%30.5%30.4%29.0%28.7%28.8%29.3%29.3%28.0%28.8%29.2%29.5%
Net Income Margin24.4%30.1%16.5%24.6%25.2%25.9%30.1%29.8%24.3%23.8%25.5%23.6%
Cash & Debt            
Total Cash7,0146,7478,2139,4719,1037,5577,4926,8696,5355,0984,0472,581
Total Debt6,7636,6706,5886,6066,6715,9985,9895,9996,0996,1226,1185,829
Net Debt / (Cash)-251-77-1,625-2,865-2,432-1,559-1,503-870-4361,0242,0713,248
Cash Flows Quarterly            
FCF from Operations2,6341,5719252,5752,3851,3922,3251,5552,5832,2922,270857
Cash Flows TTM            
FCF from Operations TTM7,7057,4567,2778,6777,6577,8558,7558,7008,0026,8885,0115,399
Returns to Shareholders Quarterly            
Dividends368325326329331266266268268219220223
Share Repurchases1,0561,6701,3181,4428618207007004398002501,500
Return on Invested Capital (ROIC) Quarterly            
ROIC---------661.6%333.1%200.5%
Return on Invested Capital (ROIC) TTM            
ROIC TTM---------654.8%317.4%205.8%

Price Behavior

AMAT Betas & Captures as of 9/30/2025

 1M2M3M6M1Y3Y
Beta2.191.701.501.531.551.73
Up Beta4.441.231.521.611.551.69
Down Beta3.610.601.191.441.361.46
Up Capture388%246%168%193%216%1280%
Bmk +ve Days13233574144420
Stock +ve Days14233467125385
Down Capture-119%201%159%132%138%109%
Bmk -ve Days8192952107330
Stock -ve Days7193059126366

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date9302025
Short Interest: Shares Quantity19,677,583
Short Interest: % Change Since 9152025-1.2%
Average Daily Volume10,768,048
Days-to-Cover Short Interest1.83
Basic Shares Quantity798,000,000
Short % of Basic Shares2.5%

Returns Analyses

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/14/2025-14.1%-15.1%-9.2%
5/15/2025-5.3%-7.9%1.3%
2/13/2025-8.2%-6.5%-15.4%
11/14/2024-9.2%-5.3%-8.7%
8/15/2024-1.9%-5.3%-11.3%
2/15/20246.3%5.2%7.1%
11/16/2023-4.0%-2.7%3.8%
8/17/20233.7%3.8%2.2%
...
SUMMARY STATS   
# Positive91112
# Negative141211
Median Positive3.9%2.7%5.2%
Median Negative-3.9%-5.2%-11.3%
Max Positive9.0%11.0%27.2%
Max Negative-14.1%-15.1%-21.9%

SEC Filings

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Report DateFiling DateFiling
7312025821202510-Q 7/27/2025
4302025522202510-Q 4/27/2025
1312025220202510-Q 1/26/2025
103120241213202410-K 10/27/2024
7312024822202410-Q 7/28/2024
4302024523202410-Q 4/28/2024
1312024227202410-Q 1/28/2024
103120231215202310-K 10/29/2023
7312023824202310-Q 7/30/2023
4302023526202310-Q 4/30/2023
1312023223202310-Q 1/29/2023
103120221216202210-K 10/30/2022
7312022825202210-Q 7/31/2022
4302022526202210-Q 5/1/2022
1312022224202210-Q 1/30/2022
103120211217202110-K 10/31/2021

Insider Activity

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 OwnerTitleFiling DateActionPriceSharesTransacted
Value		Value of
Held Shares		Form
0DICKERSON GARY EPresident and CEO4072025Buy137.2948,5816,669,685235,402,788Form
1Sanders AdamCorp. Controller & CAO4032025Sell144.8345065,174880,132Form
2Sanders AdamCorp. Controller & CAO2252025Sell172.7227146,8081,119,085Form

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