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.
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Applied Materials, Inc. (AMAT) 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 | Free account |
Against its own ten years
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)
More on AMAT
- Revenue
- Net income
- EPS (diluted)
- 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
- EV/FCF
- 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
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement