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

Applied Materials, Inc. (AMAT) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, Applied Materials, Inc. (AMAT) trades at a EV/EBITDA of 33.3×. Over the past ten years it has ranged from 6.4× (October 2018) to 65.1× (June 2026); the current reading is higher than 95% of that period. That is in line with the Semiconductor Equipment & Materials industry median of 33.1× and above the Technology sector median of 15.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 21.3× 19.43%
FY2024 17.8× 32.30%
FY2023 13.4× 38.63%
FY2022 9.7× (44.37%)
FY2021 17.4× 50.24%
FY2020 11.6× (17.96%)
FY2019 14.1× 95.64%
FY2018 7.2× (47.45%)
FY2017 13.8× 6.74%
FY2016 12.9× 32.54%

Quarterly newest first

Period EV/EBITDA Change
Jul 2026 41.4× 16.86%
Apr 2026 35.4× 15.20%
Jan 2026 30.8× 44.76%
Oct 2025 21.3× 34.61%
43 more quarters

Against its own ten years

Low 6.4× High 65.1×
Ten-year median 14.1×
Current reading's percentile 95

EV/EBITDA against peers

Company EV/EBITDA
AMKR Amkor Technology, Inc. compare 7.8×
Q Qnity Electronics, Inc. compare 19.2×
ENTG Entegris, Inc. compare 27.0×
ASML ASML Holding N.V. compare 32.9×
AMAT Applied Materials, Inc. 33.3×
TER Teradyne, Inc. compare 34.2×
KLAC KLA Corporation compare 36.2×
LRCX Lam Research Corporation compare 38.1×
ONTO Onto Innovation Inc. compare 48.6×
Semiconductor Equipment & Materials industry median 33.1×
Technology sector median 15.3×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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