Applied Materials, Inc. AMAT

485.00 10.75 2.27% as of 25 Sep
Market cap
$382.9B
P/E
41.6×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Applied Materials, Inc. (AMAT) Current ratio

Applied Materials, Inc.'s current ratio at the end of the quarter to 31 July 2026 was 2.4×, down 0.2× from fiscal 2025 (2.6×). Over the past ten years it has ranged from 2.2× (fiscal 2022) to 3.1× (fiscal 2017); the current reading is higher than 73% of that period. That is below the Semiconductor Equipment & Materials industry median of 3.7× and above the Technology sector median of 1.9×.

Current ratio, annual

Annual

Period Current ratio Change
FY2025 2.6× 4.17%
FY2024 2.5× (3.52%)
FY2023 2.6× 20.35%
FY2022 2.2× (14.99%)
FY2021 2.5× (15.32%)
FY2020 3.0× 30.64%
FY2019 2.3× (15.12%)
FY2018 2.7× (13.87%)
FY2017 3.1× 36.50%
FY2016 2.3× (5.68%)

Quarterly

Period Current ratio Change
Jul 2026 2.4× (3.40%)
Apr 2026 2.5× (7.61%)
Jan 2026 2.7× 4.00%
Oct 2025 2.6× 4.37%
43 more quarters

Against its own ten years

Low 2.2× High 3.1×
Ten-year median 2.5×
Current reading's percentile 73

Current ratio against peers

Company Current ratio
ONTO Onto Innovation Inc. compare 9.7×
ENTG Entegris, Inc. compare 3.0×
KLAC KLA Corporation compare 2.9×
LRCX Lam Research Corporation compare 2.6×
AMAT Applied Materials, Inc. 2.4×
AMKR Amkor Technology, Inc. compare 2.2×
TER Teradyne, Inc. compare 2.1×
Q Qnity Electronics, Inc. compare 2.0×
ASML ASML Holding N.V. compare 1.3×
Semiconductor Equipment & Materials industry median 3.7×
Technology sector median 1.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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