Applied Materials
US.AMAT
454.71
+18.80
+4.31%
Applied Materials
454.71
+18.80
+4.31%
Collector offline (last heartbeat: 19192s ago)
· 2026-09-04 20:02
Pre-market
452.49
+3.80%
After-hours
454.94
+0.05%
Overnight
444.43
+1.95%
Revenue annual, last 8 years
Latest year +4.39% YoY
Margins
- Gross margin
- 48.67%
- Operating margin
- 29.86%
- Net margin
- 24.67%
Key ratios & quality
- Enterprise value
- 358.93B
- PEG ratio
- 16.62
- Altman Z-Score
- 17.74
PEG uses trailing P/E against the 3-year net income growth rate (2.36%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 17.74, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16.71B | 14.61B | 17.20B | 23.06B | 25.79B | 26.52B | 27.18B | 28.37B |
| Gross profit | 7.52B | 6.39B | 7.69B | 10.91B | 11.99B | 12.38B | 12.90B | 13.81B |
| Selling & admin expenses | 1.00B | 982.00M | 1.09B | 1.23B | 1.44B | 1.63B | 1.80B | 1.77B |
| Research & development | 2.02B | 2.05B | 2.23B | 2.49B | 2.77B | 3.10B | 3.23B | 3.57B |
| Operating profit | 4.49B | 3.35B | 4.37B | 7.20B | 7.78B | 7.65B | 7.87B | 8.47B |
| Pretax profit | 4.40B | 3.27B | 4.17B | 6.77B | 7.60B | 7.72B | 8.15B | 9.27B |
| Tax | 1.36B | 563.00M | 547.00M | 883.00M | 1.07B | 860.00M | 975.00M | 2.27B |
| Net profit | 3.04B | 2.71B | 3.62B | 5.89B | 6.53B | 6.86B | 7.18B | 7.00B |
| Basic EPS | 3 | 3 | 4 | 6 | 7 | 8 | 9 | 9 |
| Diluted EPS | 2.96 | 2.86 | 3.92 | 6.40 | 7.44 | 8.11 | 8.61 | 8.66 |
| Line item | 2025-04 | 2025-07 | 2025-10 | 2026-01 | 2026-04 | 2026-07 |
|---|---|---|---|---|---|---|
| Revenue | 7.10B | 7.30B | 6.80B | 7.01B | 7.91B | 9.12B |
| Gross profit | 3.49B | 3.56B | 3.27B | 3.44B | 3.95B | 4.59B |
| Selling & admin expenses | 423.00M | 428.00M | 455.00M | 411.00M | 397.00M | 411.00M |
| Research & development | 893.00M | 901.00M | 917.00M | 928.00M | 1.03B | 1.10B |
| Operating profit | 2.17B | 2.23B | 1.89B | 2.10B | 2.52B | 3.08B |
| Pretax profit | 2.32B | 2.56B | 2.27B | 2.33B | 3.23B | 2.91B |
| Tax | 185.00M | 784.00M | 370.00M | 302.00M | 419.00M | 369.00M |
| Net profit | 2.14B | 1.78B | 1.90B | 2.03B | 2.81B | 2.54B |
| Basic EPS | 3 | 2 | 2 | 3 | 4 | 3 |
| Diluted EPS | 2.63 | 2.22 | 2.38 | 2.54 | 3.51 | 3.17 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 10.60B | 10.21B | 13.37B | 16.11B | 15.93B | 19.15B | 21.22B | 20.88B |
| Cash & ST investments | 4.03B | 3.62B | 5.74B | 5.46B | 2.58B | 6.87B | 9.47B | 8.57B |
| Inventory | 3.72B | 3.47B | 3.90B | 4.31B | 5.93B | 5.73B | 5.42B | 5.92B |
| Total assets | 17.63B | 19.02B | 22.35B | 25.83B | 26.73B | 30.73B | 34.41B | 36.30B |
| Total current liabilities | 3.92B | 4.45B | 4.46B | 6.34B | 7.38B | 7.37B | 8.47B | 8.00B |
| Short-term debt | -- | 600.00M | 64.00M | 73.00M | 85.00M | 286.00M | 887.00M | 191.00M |
| Long-term debt | 5.31B | 4.71B | 5.45B | 5.45B | 5.46B | 5.46B | 5.46B | 6.46B |
| Total liabilities | 10,788,000,000.00 | 10,810,000,000.00 | 11,775,000,000.00 | 13,578,000,000.00 | 14,532,000,000.00 | 14,380,000,000.00 | 15,408,000,000.00 | 15,884,000,000.00 |
| Total equity | 6.85B | 8.21B | 10.58B | 12.25B | 12.19B | 16.35B | 19.00B | 20.42B |
| Retained earnings | 20.88B | 24.39B | 27.21B | 32.25B | 37.89B | 43.73B | 49.65B | 55.23B |
| Line item | 2025-04 | 2025-07 | 2025-10 | 2026-01 | 2026-04 | 2026-07 |
|---|---|---|---|---|---|---|
| Total current assets | 19.71B | 19.72B | 20.88B | 21.05B | 22.57B | 25.10B |
| Cash & ST investments | 6.75B | 7.01B | 8.57B | 8.51B | 8.24B | 9.23B |
| Inventory | 5.66B | 5.81B | 5.92B | 6.00B | 6.34B | 6.56B |
| Total assets | 33.63B | 34.21B | 36.30B | 37.64B | 40.29B | 43.52B |
| Total current liabilities | 8.00B | 7.88B | 8.00B | 7.75B | 9.00B | 10.36B |
| Short-term debt | 880.00M | 888.00M | 191.00M | 201.00M | 1.31B | 1.42B |
| Long-term debt | 5.46B | 5.46B | 6.46B | 6.45B | 5.26B | 5.25B |
| Total liabilities | 14,671,000,000.00 | 14,707,000,000.00 | 15,884,000,000.00 | 15,927,000,000.00 | 16,377,000,000.00 | 17,896,000,000.00 |
| Total equity | 18.96B | 19.50B | 20.42B | 21.72B | 23.91B | 25.63B |
| Retained earnings | 52.28B | 53.69B | 55.23B | 56.89B | 59.27B | 61.39B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 3.79B | 3.25B | 3.80B | 5.44B | 5.40B | 8.70B | 8.68B | 7.96B |
| Depreciation & amortization | 457.00M | 363.00M | 376.00M | 394.00M | 444.00M | 515.00M | 392.00M | 435.00M |
| Free cash flow | 3.17B | 2.81B | 3.38B | 4.77B | 4.61B | 7.59B | 7.49B | 5.70B |
| Dividends paid | -605.00M | -771.00M | -787.00M | -838.00M | -873.00M | -975.00M | -1.19B | -1.38B |
| Stock buybacks / issuance | -5.16B | -2.26B | -475.00M | -3.58B | -5.90B | -1.96B | -3.58B | -4.63B |
| Ending cash balance | 3.44B | 3.13B | 5.47B | 5.10B | 2.10B | 6.23B | 8.11B | 7.31B |
| Line item | 2025-04 | 2025-07 | 2025-10 | 2026-01 | 2026-04 | 2026-07 |
|---|---|---|---|---|---|---|
| Operating cash flow | 1.57B | 2.63B | 2.83B | 1.69B | 845.00M | 3.04B |
| Depreciation & amortization | 103.00M | 113.00M | 114.00M | 127.00M | 135.00M | 151.00M |
| Free cash flow | 1.06B | 2.05B | 2.04B | 1.04B | 210.00M | 2.33B |
| Dividends paid | -325.00M | -368.00M | -365.00M | -365.00M | -365.00M | -420.00M |
| Stock buybacks / issuance | -1.54B | -1.06B | -719.00M | -337.00M | -269.00M | -440.00M |
| Ending cash balance | 6.24B | 5.45B | 7.31B | 7.29B | 6.36B | 7.09B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE % | 40.93 | 35.95 | 38.52 | 51.59 | 53.39 | 48.04 | 40.61 | 35.51 |
| ROA % | 17.82 | 14.71 | 17.49 | 24.44 | 24.83 | 23.87 | 22.04 | 19.79 |
| ROIC % | 25.26 | 21.11 | 25.44 | 34.95 | 37.13 | 33.69 | 28.89 | 23.58 |
| 5-year avg ROE % | 27.07 | 31.39 | 35.53 | 41.21 | 43.39 | 45.50 | 46.43 | 45.83 |
| EBIT margin % | 28.56 | 24.00 | 25.61 | 30.38 | 30.35 | 30.00 | 30.91 | 33.63 |
| FCF / sales % | 18.34 | 19.21 | 19.66 | 20.70 | 17.89 | 28.64 | 27.55 | 20.09 |
| Current ratio | 2.70 | 2.30 | 3.00 | 2.54 | 2.16 | 2.60 | 2.51 | 2.61 |
| Quick ratio | 1.63 | 1.40 | 1.99 | 1.73 | 1.23 | 1.69 | 1.75 | 1.74 |
| Debt / assets | 77.56 | 64.68 | 53.95 | 46.97 | 47.80 | 36.69 | 34.77 | 34.53 |
| LT debt / equity | 77.56 | 57.38 | 53.35 | 46.38 | 47.11 | 34.94 | 30.10 | 33.60 |
| Interest coverage | 21.06 | 14.79 | 18.36 | 29.69 | 34.33 | 33.42 | 34.00 | 35.46 |
| Revenue CAGR (3Y) % | 20.03 | 10.51 | 5.38 | 11.35 | 20.85 | 15.52 | 5.62 | 3.23 |
| Net income CAGR (3Y) % | 30.18 | 16.28 | 0.94 | 24.68 | 34.10 | 23.74 | 6.82 | 2.36 |
| FCF CAGR (3Y) % | 49.46 | 6.65 | -0.60 | 14.68 | 18.01 | 30.95 | 16.18 | 7.30 |
| Line item | 2025-04 | 2025-07 | 2025-10 | 2026-01 | 2026-04 | 2026-07 |
|---|---|---|---|---|---|---|
| ROE % | 36.37 | 35.64 | 35.51 | 38.86 | 39.69 | 41.07 |
| ROA % | 20.61 | 20.14 | 19.79 | 22.09 | 23.02 | 23.84 |
| ROIC % | 27.24 | 25.57 | 23.58 | 24.28 | 23.94 | 26.66 |
| 5-year avg ROE % | -- | -- | -- | -- | -- | -- |
| EBIT margin % | 30.46 | 32.02 | 33.63 | 34.57 | 36.72 | 35.68 |
| FCF / sales % | 20.87 | 20.35 | 20.09 | 21.95 | 18.41 | 18.23 |
| Current ratio | 2.46 | 2.50 | 2.61 | 2.71 | 2.51 | 2.42 |
| Quick ratio | 1.62 | 1.63 | 1.74 | 1.81 | 1.67 | 1.67 |
| Debt / assets | 35.18 | 34.67 | 34.53 | 33.11 | 30.40 | 28.67 |
| LT debt / equity | 30.54 | 30.12 | 33.60 | 32.18 | 24.91 | 23.13 |
| Interest coverage | 32.79 | 34.71 | 35.46 | 35.60 | 38.76 | 39.73 |
| Revenue CAGR (3Y) % | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) % | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) % | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Semiconductor Systems77.24%
Applied Global Services19.54%
Other3.23%
Quote time 2026-09-04 20:02:18
For reference only, not investment advice.