| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $28.37B | $27.18B | $26.52B | $25.79B | $23.06B | $17.20B | $14.61B | $16.70B |
| Cost of Revenue | $14.56B | $14.28B | $14.13B | $13.79B | $12.15B | $9.51B | $8.22B | $9.19B |
| Gross Profit | $13.81B | $12.90B | $12.38B | $11.99B | $10.91B | $7.69B | $6.39B | $7.52B |
| Gross Margin | 48.67% | 47.46% | 46.70% | 46.51% | 47.32% | 44.72% | 43.72% | 45.00% |
| Operating Expenses | $5.52B | $5.03B | $4.73B | $4.21B | $4.03B | $3.33B | $3.04B | $3.03B |
| Operating Income | $8.29B | $7.87B | $7.65B | $7.79B | $6.89B | $4.37B | $3.35B | $4.49B |
| Operating Margin | 29.22% | 28.95% | 28.86% | 30.20% | 29.87% | 25.37% | 22.93% | 26.88% |
| Net Income | $7.00B | $7.18B | $6.86B | $6.53B | $5.89B | $3.62B | $2.71B | $3.04B |
| Net Margin | 24.67% | 26.41% | 25.86% | 25.31% | 25.53% | 21.04% | 18.52% | 18.19% |
| EPS (Basic) | $8.71 | $8.68 | $8.16 | $7.49 | $6.47 | $3.95 | $2.89 | $3.00 |
| EBITDA | $9.65B | $8.79B | $8.46B | $8.26B | $7.39B | $4.78B | $3.87B | $5.08B |
| Stock Option Compensation Expense | $653.00M | $577.00M | $490.00M | $413.00M | $346.00M | $307.00M | $263.00M | $258.00M |
| Price To Earnings Ratio | 26.58 | 21.36 | 16.05 | 11.79 | 21.56 | 15.06 | 19.72 | 10.38 |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | $185.99B | $153.28B | $110.07B | $76.90B | $126.95B | $54.51B | $53.36B | $31.52B |
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Short Term Receivables | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Inventories | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Property, Plant & Equipment | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Investments and Advances | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Note Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Intangible Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Assets | $36.30B | $34.41B | $30.73B | $26.73B | $25.82B | $22.35B | $19.04B | $17.64B |
| Short Term Debt Incl. Current Port. of LT Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Provision for Risks Charges | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Deferred Tax Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $15.88B | $15.41B | $14.38B | $14.53B | $13.58B | $11.78B | $10.81B | $10.79B |
| Non-Equity Reserves | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Preferred Stock - Carrying Value | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Common Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Shareholders Equity | $20.41B | $19.00B | $16.35B | $12.19B | $12.25B | $10.58B | $8.21B | $6.84B |
| Accumulated Minority Interest | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $20.41B | $19.00B | $16.35B | $12.19B | $12.25B | $10.58B | $8.21B | $6.84B |
| Total Liabilities & Stockholders Equity | $36.30B | $34.41B | $30.73B | $26.73B | $25.82B | $22.35B | $19.04B | $17.64B |
| Book Value Per Share | $25.39 | $22.98 | $19.46 | $14.00 | $13.46 | $11.55 | $8.78 | $6.77 |
| Tangible Book Value Per Share | $20.50 | $18.16 | $14.67 | $9.36 | $9.52 | $7.60 | $4.98 | $3.23 |
| Full-Time Employees | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Book Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 19.28% | 20.86% | 22.31% | 24.41% | 22.80% | 16.19% | 14.22% | 17.22% |
| Return on Equity | 34.28% | 37.77% | 41.94% | 53.51% | 48.08% | 34.21% | 32.94% | 44.38% |
| Return on Invested Capital | 21.96% | 25.82% | 28.77% | 34.41% | 30.64% | 21.12% | 18.26% | 22.62% |
| Quick Ratio | 1.87 | 1.87 | 1.82 | 1.35 | 1.86 | 2.12 | 1.51 | 1.75 |
| Current Ratio | 2.61 | 2.51 | 2.60 | 2.16 | 2.54 | 3.00 | 2.30 | 2.70 |
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Net Income | $7.00B | $7.18B | $6.86B | $6.53B | $5.89B | $3.62B | $2.71B | $3.04B |
| Depreciation | $110.00M | $392.00M | $515.00M | $444.00M | $394.00M | $376.00M | $363.00M | $457.00M |
| Other Funds (Non Cash) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Funds from Operations | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Extraordinary Item | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Changes in Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Taxes Payable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Operating Activities | $7.96B | $8.68B | $8.70B | $5.40B | $5.44B | $3.80B | $3.25B | $3.79B |
| Capital Expenditures | $2.26B | $1.19B | $1.11B | $787.00M | $668.00M | $422.00M | $441.00M | $622.00M |
| Net Assets From Acquisitions | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale of Fixed Assets and Businesses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase or Sale of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Purchase of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Sale Or Maturity of Investments | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Sources | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Investing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash Dividends Paid | $1.38B | $1.19B | $975.00M | $873.00M | $838.00M | $787.00M | $771.00M | $605.00M |
| Change in Capital Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Repurchase of Common Pref Stock | $4.89B | $3.82B | $2.19B | $6.10B | $3.75B | $649.00M | $2.40B | $5.28B |
| Sale of Common Pref Stock | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Proceeds from Stock Options | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance or Reduction of Debt, Net | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Change in Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Issuance of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Reduction of Long Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Financing Active Other Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Other Financing Activities Uses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash from Financing Activities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Exchange Rate Effect | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Change in Cash | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | $5.70B | $7.49B | $7.59B | $4.61B | $4.77B | $3.38B | $2.81B | $3.17B |
| Preferred Dividends (Cash Flow) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price to Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Company coverage
Applied Materials, Inc. engages in provision of materials engineering solutions used to produce semiconductors. The firm also focuses on design, development, production, and servicing of the critical wafer fabrication tools used for customers to manufacture semiconductors. It operates through the following segments: Semiconductor Systems and Applied Global Services (AGS). The Semiconductor Systems segment includes designing, development, manufacturing and sale of equipment used to fabricate semiconductor chips referred to as integrated circuits. The AGS segment engages in provision of services, spares, and factory automation software to customer fabrication plants globally. The company was founded on November 10, 1967 and is headquartered in Santa Clara, CA.
Why it moved over time
Applied Materials (AMAT) is reporting fiscal third-quarter earnings after the market close on Aug. 13, a near-term catalyst as investors await results and management's guidance.
Key fact: Scheduled to report fiscal third-quarter earnings after market close on Aug. 13.
schaeffersresearch.com: Applied Materials Stock Enjoying AI Optimism Before EarningsApplied Materials (AMAT) attracted attention after a Motley Fool recommendation favoring semiconductor equipment makers in the AI cycle, citing AMAT's projected 18% revenue growth this year and 29% in 2027.
Key fact: Motley Fool cited AMAT projecting 18% revenue growth this year and 29% in 2027.
The Motley Fool: Forget Taiwan Semiconductor: 2 AI Semiconductor Equipment Stocks to Buy and Hold Instead