Applied Materials, Inc. AMAT
- Market cap
- $382.9B
- P/E
- 41.6×
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Applied Materials, Inc. (AMAT) Free cash flow margin
Applied Materials, Inc.'s free cash flow margin over the twelve months to 31 July 2026 was 18.3%, down 2.0 percentage points from fiscal 2025 (20.2%). Over the past ten years it has ranged from 9.81% (fiscal 2015) to 28.6% (fiscal 2023); the current reading is higher than 55% of that period. That is above the Semiconductor Equipment & Materials industry median of 6.77% and above the Technology sector median of 1.52%.
Free cash flow margin, annual
Annual
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 20.2% | (7.35) |
| FY2024 | 27.6% | (1.09) |
| FY2023 | 28.6% | 10.75 |
| FY2022 | 17.9% | (2.81) |
| FY2021 | 20.7% | 1.04 |
| FY2020 | 19.7% | 0.45 |
| FY2019 | 19.2% | 0.26 |
| FY2018 | 19.0% | (4.48) |
| FY2017 | 23.4% | 2.06 |
| FY2016 | 21.4% | 11.56 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| KLAC KLA Corporation compare | 27.7% |
| ASML ASML Holding N.V. compare | 27.1% |
| ONTO Onto Innovation Inc. compare | 22.5% |
| LRCX Lam Research Corporation compare | 21.1% |
| AMAT Applied Materials, Inc. | 18.3% |
| TER Teradyne, Inc. compare | 17.9% |
| ENTG Entegris, Inc. compare | 17.3% |
| Q Qnity Electronics, Inc. compare | 16.0% |
| AMKR Amkor Technology, Inc. compare | −0.42% |
| Semiconductor Equipment & Materials industry median | 6.77% |
| Technology sector median | 1.52% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on AMAT
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement