Applied Materials, Inc. AMAT

485.00 10.75 2.27% as of 25 Sep
Market cap
$382.9B
P/E
41.6×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Applied Materials, Inc. (AMAT) Price to free cash flow

As of 25 September 2026, Applied Materials, Inc. (AMAT) trades at a price to free cash flow of 66.9×. Over the past ten years it has ranged from 8.9× (December 2018) to 105× (June 2026); the current reading is higher than 98% of that period. That is above the Semiconductor Equipment & Materials industry median of 60.9× and above the Technology sector median of 19.8×.

Price to free cash flow, daily

Annual

Period Price to free cash flow Change
FY2025 32.0× 62.24%
FY2024 19.7× 36.97%
FY2023 14.4× (11.30%)
FY2022 16.2× (37.35%)
FY2021 25.9× 64.43%
FY2020 15.8× (9.17%)
FY2019 17.4× 71.35%
FY2018 10.1× (40.32%)
FY2017 17.0× 28.45%
FY2016 13.2× (30.98%)

Quarterly

Period Price to free cash flow Change
Jul 2026 70.1× 22.43%
Apr 2026 57.2× 39.58%
Jan 2026 41.0× 28.10%
Oct 2025 32.0× 33.22%
43 more quarters

Against its own ten years

Low 8.9× High 105×
Ten-year median 18.9×
Current reading's percentile 98

Price to free cash flow against peers

Company Price to free cash flow
AMKR Amkor Technology, Inc. compare n/m
Q Qnity Electronics, Inc. compare 31.4×
ENTG Entegris, Inc. compare 40.3×
ONTO Onto Innovation Inc. compare 56.3×
ASML ASML Holding N.V. compare 60.1×
KLAC KLA Corporation compare 65.7×
AMAT Applied Materials, Inc. 66.9×
TER Teradyne, Inc. compare 77.9×
LRCX Lam Research Corporation compare 80.9×
Semiconductor Equipment & Materials industry median 60.9×
Technology sector median 19.8×
Market median 14.0×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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