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) Return on invested capital
Applied Materials, Inc.'s return on invested capital over the twelve months to 31 July 2026 was 24.9%, down 3.2 percentage points from fiscal 2025 (28.2%). Over the past ten years it has ranged from 14.7% (fiscal 2015) to 35.0% (fiscal 2021); the current reading is higher than 45% of that period. That is above the Semiconductor Equipment & Materials industry median of 6.10% and above the Technology sector median of 0.00%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 28.2% | (2.98) |
| FY2024 | 31.1% | (0.66) |
| FY2023 | 31.8% | (0.32) |
| FY2022 | 32.1% | (2.85) |
| FY2021 | 35.0% | 8.62 |
| FY2020 | 26.4% | 5.22 |
| FY2019 | 21.1% | (13.42) |
| FY2018 | 34.6% | 1.20 |
| FY2017 | 33.4% | 13.55 |
| FY2016 | 19.8% | 5.08 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| ASML ASML Holding N.V. compare | 84.9% |
| KLAC KLA Corporation compare | 48.2% |
| LRCX Lam Research Corporation compare | 48.2% |
| TER Teradyne, Inc. compare | 27.0% |
| AMAT Applied Materials, Inc. | 24.9% |
| AMKR Amkor Technology, Inc. compare | 8.64% |
| Q Qnity Electronics, Inc. compare | 6.10% |
| ONTO Onto Innovation Inc. compare | 5.56% |
| ENTG Entegris, Inc. compare | 4.60% |
| Semiconductor Equipment & Materials industry median | 6.10% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- 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