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) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Applied Materials, Inc. (AMAT) trades at a P/E ratio of 35.1×. Over the past ten years it has ranged from 8.8× (December 2018) to 67.6× (June 2026); the current reading is higher than 94% of that period. That is below the Semiconductor Equipment & Materials industry median of 45.0× and above the Technology sector median of 28.2×.

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 19.0×
Current reading's percentile 94

P/E ratio against peers

Company P/E ratio
AMKR Amkor Technology, Inc. compare 18.7×
AMAT Applied Materials, Inc. 35.1×
ASML ASML Holding N.V. compare 40.4×
Q Qnity Electronics, Inc. compare 41.2×
TER Teradyne, Inc. compare 44.3×
KLAC KLA Corporation compare 45.0×
LRCX Lam Research Corporation compare 45.6×
ENTG Entegris, Inc. compare 69.5×
ONTO Onto Innovation Inc. compare 82.0×
Semiconductor Equipment & Materials industry median 45.0×
Technology sector median 28.2×
Market median 18.1×

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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