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.

Revenue
+24.8%
EPS
+43.5%
Free cash flow
+13.7%
Total debt
+4.50%

Quarter to July 2026, against a year earlier

331.61 12.36 +3.87%
Market cap
$253.4B
P/E
28.4×
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) P/E ratio

Alert me on P/E ratio

As of 6 November 2026, Applied Materials, Inc. (AMAT) trades at a P/E ratio of 28.4×. Over the past ten years it has ranged from 8.8× (December 2018) to 67.6× (June 2026); the current reading is higher than 90% of that period. That is below the Semiconductor Equipment & Materials industry median of 35.9× and above the Technology sector median of 25.6×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 26.7× 27.78%
FY2024 20.9× 28.98%
FY2023 16.2× 37.60%
FY2022 11.8× (45.25%)
FY2021 21.5× 40.96%
FY2020 15.3× (18.65%)
FY2019 18.8× 89.01%
FY2018 9.9× (43.85%)
FY2017 17.7× (4.50%)
FY2016 18.5× 23.92%

Quarterly newest first

Period P/E ratio Change
Jul 2026 43.5× 17.99%
Apr 2026 36.9× 10.13%
Jan 2026 33.5× 25.23%
Oct 2025 26.7× 25.30%
43 more quarters

Against its own ten years

Low 8.8× High 67.6×
Ten-year median 19.1×
Current reading's percentile 90

P/E ratio against peers

Company P/E ratio
TER Teradyne, Inc. compare 24.6×
AMAT Applied Materials, Inc. 28.4×
LRCX Lam Research Corporation compare 29.7×
KLAC KLA Corporation compare 34.2×
ASML ASML Holding N.V. compare 34.9×
NVMI Nova Ltd. compare 35.9×
Q Qnity Electronics, Inc. compare 42.7×
ENTG Entegris, Inc. compare 49.4×
ONTO Onto Innovation Inc. compare 64.2×
Semiconductor Equipment & Materials industry median 35.9×
Technology sector median 25.6×
Market median 17.8×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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