Applied Materials, Inc. AMAT
485.00
10.75
2.27%
as of 25 Sep
- Market cap
- $382.9B
- P/E
- 41.6×
Follow AMAT
Indexes
indicate stock being part of an index,
Growth Flags
show if company had growth for consecutive years
Applied Materials, Inc. (AMAT) P/E ratio
As of 25 September 2026, Applied Materials, Inc. (AMAT) trades at a P/E ratio of 41.6×. Over the past ten years it has ranged from 8.8× (December 2018) to 67.6× (June 2026); the current reading is higher than 98% of that period. That is below the Semiconductor Equipment & Materials industry median of 54.4× and above the Technology sector median of 29.7×.
P/E ratio, daily
Annual
| 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
| 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 | Free account |
Against its own ten years
Low 8.8×
High 67.6×
Ten-year median
19.0×
Current reading's percentile
98
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| AMKR Amkor Technology, Inc. compare | 23.9× |
| AMAT Applied Materials, Inc. | 41.6× |
| Q Qnity Electronics, Inc. compare | 44.5× |
| KLAC KLA Corporation compare | 51.1× |
| ASML ASML Holding N.V. compare | 54.2× |
| TER Teradyne, Inc. compare | 54.3× |
| LRCX Lam Research Corporation compare | 54.4× |
| ENTG Entegris, Inc. compare | 75.9× |
| ONTO Onto Innovation Inc. compare | 107× |
| Semiconductor Equipment & Materials industry median | 54.4× |
| Technology sector median | 29.7× |
| Market median | 17.9× |
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)
More on AMAT
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- 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