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/S ratio

Alert me on P/S ratio

As of 16 October 2026, Applied Materials, Inc. (AMAT) trades at a P/S ratio of 10.5×. Over the past ten years it has ranged from 1.8× (December 2018) to 19.8× (June 2026); the current reading is higher than 95% of that period. That is above the Semiconductor Equipment & Materials industry median of 4.6× and above the Technology sector median of 2.7×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 6.6× 19.56%
FY2024 5.5× 31.80%
FY2023 4.2× 40.58%
FY2022 3.0× (45.82%)
FY2021 5.5× 71.35%
FY2020 3.2× (7.70%)
FY2019 3.5× 74.55%
FY2018 2.0× (51.60%)
FY2017 4.1× 38.53%
FY2016 3.0× 40.09%

Quarterly newest first

Period P/S ratio Change
Jul 2026 13.1× 21.12%
Apr 2026 10.8× 16.92%
Jan 2026 9.2× 39.71%
Oct 2025 6.6× 31.56%
43 more quarters

Against its own ten years

Low 1.8× High 19.8×
Ten-year median 3.8×
Current reading's percentile 95

P/S ratio against peers

Company P/S ratio
AMKR Amkor Technology, Inc. compare 1.4×
Q Qnity Electronics, Inc. compare 4.6×
ENTG Entegris, Inc. compare 6.4×
ONTO Onto Innovation Inc. compare 9.7×
AMAT Applied Materials, Inc. 10.5×
TER Teradyne, Inc. compare 11.4×
ASML ASML Holding N.V. compare 13.7×
LRCX Lam Research Corporation compare 14.3×
KLAC KLA Corporation compare 16.0×
Semiconductor Equipment & Materials industry median 4.6×
Technology sector median 2.7×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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