Applied Materials, Inc.
AMATNASDAQ
$376.64
Last price · USD
- Market cap
- $304.3B
- P/E
- 43.5x
- EV / EBITDA
- 30.5x
- P/S
- 10.7x
- FCF yield
- 1.9%
- Div. yield
- 0.45%
Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.
Applied Materials, Inc. key metrics & ratios
Annual · USD millions except per-share data · 36 lines
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | CAGR | |
|---|---|---|---|---|---|---|---|
| Growth (year over year) | |||||||
| Revenue growth | 4.4% | 2.5% | 2.8% | 11.8% | — | — | |
| Operating income growth | 5.4% | 2.8% | -1.7% | 13.0% | — | — | |
| Net income growth | -2.5% | 4.7% | 5.1% | 10.8% | — | — | |
| EPS (diluted) growth | 0.6% | 6.2% | 9.0% | 16.3% | — | — | |
| Free cash flow growth | -23.9% | -1.4% | 64.7% | -3.4% | — | — | |
| Margins | |||||||
| Gross margin | 48.7% | 47.5% | 46.7% | 46.5% | 47.3% | — | |
| Operating margin | 29.2% | 28.9% | 28.9% | 30.2% | 29.9% | — | |
| EBITDA margin | 35.2% | 32.3% | 31.9% | 32.0% | 32.0% | — | |
| Net margin | 24.7% | 26.4% | 25.9% | 25.3% | 25.5% | — | |
| FCF margin | 20.1% | 27.6% | 28.6% | 17.9% | 20.7% | — | |
| Returns on capital | |||||||
| Return on equity | 34.3% | 37.8% | 41.9% | 53.5% | 48.1% | — | |
| Return on assets | 19.3% | 20.9% | 22.3% | 24.4% | 22.8% | — | |
| Return on invested capital | 30.9% | 39.4% | 41.9% | 41.7% | 46.1% | — | |
| Leverage & liquidity | |||||||
| Debt / equity | 0.35x | 0.35x | 0.37x | 0.48x | 0.47x | — | |
| Net debt / EBITDA | -0.02x | -0.16x | -0.02x | 0.46x | 0.10x | — | |
| Current ratio | 2.61x | 2.51x | 2.60x | 2.16x | 2.54x | — | |
| Interest coverage | 30.81x | 31.85x | 32.16x | 34.16x | 29.19x | — | |
| Profitability & operating | |||||||
| EBIT | 9,540 | 8,399 | 7,954 | 7,827 | 7,007 | +8.0% | |
| EBITDA | 9,975 | 8,791 | 8,456 | 8,258 | 7,388 | +7.8% | |
| Operating income | 8,289 | 7,867 | 7,654 | 7,788 | 6,889 | +4.7% | |
| Income before tax | 9,271 | 8,152 | 7,716 | 7,599 | 6,771 | +8.2% | |
| Net income | 6,998 | 7,177 | 6,856 | 6,525 | 5,888 | +4.4% | |
| Earnings per share | |||||||
| EPS (basic) | $8.71 | $8.68 | $8.16 | $7.49 | $6.47 | +7.7% | |
| EPS (diluted) | $8.66 | $8.61 | $8.11 | $7.44 | $6.40 | +7.9% | |
| Share count (millions) | |||||||
| Weighted avg shares outstanding | 804 | 827 | 840 | 871 | 910 | -3.0% | |
| Weighted avg shares outstanding (diluted) | 808 | 834 | 845 | 877 | 919 | -3.2% | |
| Balance sheet highlights | |||||||
| Net debt | (191) | (1,417) | (133) | 3,834 | 758 | — | |
| Total debt | 7,050 | 6,605 | 5,999 | 5,829 | 5,753 | +5.2% | |
| Total investments | 5,659 | 4,236 | 3,018 | 2,566 | 2,519 | +22.4% | |
| Total stockholders' equity | 20,415 | 19,001 | 16,349 | 12,194 | 12,247 | +13.6% | |
| Total assets | 36,299 | 34,409 | 30,729 | 26,726 | 25,825 | +8.9% | |
| Cash flow highlights | |||||||
| Free cash flow | 5,698 | 7,487 | 7,594 | 4,612 | 4,774 | +4.5% | |
| Operating cash flow | 7,958 | 8,677 | 8,700 | 5,399 | 5,442 | +10.0% | |
| Capital expenditure | (2,260) | (1,190) | (1,106) | (787) | (668) | — | |
| Net cash from operating activities | 7,958 | 8,677 | 8,700 | 5,399 | 5,442 | +10.0% | |
| Additional fields | |||||||
| Accrued Expenses | 1,133 | 1,188 | 1,060 | 923 | 827 | +8.2% | |