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Saturday 17 October 2026 Export AMAT’s income statement to Excel — free account

Applied Materials, Inc.

AMAT Technology Semiconductor Equipment & Materials

Applied Materials, Inc.’s revenue for fiscal 2025 (year ended October 2025) was $28.4 billion, up 4.39% from fiscal 2024. In the quarter to July 2026, revenue grew 24.8%, EPS grew 43.5%, free cash flow grew 13.7% and total debt rose 4.50%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years, revenue growth for five.

409.29 20.72 −4.82%
Market cap
$341.3B
P/E
35.1×
Fwd P/E
12.4×
Dividend yield
0.00%
F-score
6/9
Altman Z
11.17
Beneish M
−2.57
Dividend safety
96/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Applied Materials, Inc. (AMAT) Debt to equity

Alert me on Debt to equity

Applied Materials, Inc.'s debt to equity at the end of the quarter to 31 July 2026 was 0.3×, down 0.1× from fiscal 2025 (0.3×). Over the past ten years it has ranged from 0.3× (fiscal 2025) to 0.8× (fiscal 2018) — the current reading is the lowest in ten years. That is above the Semiconductor Equipment & Materials industry median of 0.1× and above the Technology sector median of 0.1×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.3× (2.52%)
FY2024 0.3× (3.15%)
FY2023 0.3× (25.17%)
FY2022 0.5× 0.75%
FY2021 0.5× (13.43%)
FY2020 0.5× (19.43%)
FY2019 0.6× (16.61%)
FY2018 0.8× 36.72%
FY2017 0.6× 23.14%
FY2016 0.5× (22.78%)

Quarterly newest first

Period Debt to equity Change
Jul 2026 0.3× (5.41%)
Apr 2026 0.3× (10.51%)
Jan 2026 0.3× (6.04%)
Oct 2025 0.3× 0.00%
43 more quarters

Against its own ten years

Low 0.3× High 0.8×
Ten-year median 0.5×
Current reading's percentile 9

Debt to equity against peers

Company Debt to equity
TER Teradyne, Inc. compare 0.0×
ASML ASML Holding N.V. compare 0.1×
AMAT Applied Materials, Inc. 0.3×
LRCX Lam Research Corporation compare 0.3×
AMKR Amkor Technology, Inc. compare 0.5×
Q Qnity Electronics, Inc. compare 0.5×
ONTO Onto Innovation Inc. compare 0.8×
ENTG Entegris, Inc. compare 0.8×
KLAC KLA Corporation compare 0.9×
Semiconductor Equipment & Materials industry median 0.1×
Technology sector median 0.1×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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