Analog Devices (ADI) vs Applied Materials (AMAT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Applied Materials (AMAT) has outperformed Analog Devices (ADI) over the past year, gaining 146.1% versus a gain of 75.4%. Over five years, AMAT leads with a +295.7% price change compared with +138.4% for ADI. Applied Materials is the larger company by market cap ($413.83 billion vs $197.63 billion), about 2.1 times the size, while Analog Devices is growing revenue faster (+16.9% vs +4.4%).
On valuation, Analog Devices trades at a lower forward P/E (24.9x vs 28.2x for Applied Materials). Analog Devices offers the higher dividend yield (1.05% vs 0.38%). Applied Materials converts more of its revenue into profit, with a net margin of 24.7% versus 20.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ADI | AMAT |
|---|---|---|
| Share price | $407.84 | $521.46 |
| Market cap | $197.63B | $413.83B |
| 1-day change | -0.55% | +0.16% |
| YTD return | +51.21% | +102.60% |
| 1-year return | +75.44% | +146.10% |
| 5-year return | +138.36% | +295.66% |
| P/E ratio (TTM) | 48.44 | 44.99 |
| Forward P/E | 24.95 | 28.22 |
| EPS (TTM) | $8.42 | $11.59 |
| Dividend yield | 1.05% | 0.38% |
| Annual dividend | $4.29 | $1.98 |
| Revenue (latest FY) | $11.02B | $28.37B |
| Revenue growth (YoY) | +16.89% | +4.39% |
| Net income (latest FY) | $2.27B | $7.00B |
| Gross margin | 61.47% | 48.67% |
| Operating margin | 26.61% | 29.22% |
| Net margin | 20.58% | 24.67% |
| 52-week high | $445.91 | $739.67 |
| 52-week low | $223.47 | $203.40 |
| Distance from 52-week high | -8.54% | -29.50% |
| Analyst consensus | strong_buy | strong_buy |
| Avg. price target upside | +15.42% | +22.53% |
| Average volume | 3.51M | 7.05M |
| Shares outstanding | 484.57M | 793.60M |
| Employees | 24,500 | 38,900 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Applied Materials is about 2.1 times larger than Analog Devices by market value ($413.83B vs $197.63B).
- AMAT has outperformed ADI by 70.7 percentage points over the past year.
- Analog Devices grew revenue faster in its latest fiscal year (+16.89% vs +4.39%).
About Analog Devices
ADI stock →Analog Devices, Inc. engages in the design, manufacture, testing, and marketing of integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia.
Technology · Semiconductors · 24,500 employees
About Applied Materials
AMAT stock →Applied Materials, Inc. provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries in the United States, China, Korea, Taiwan, Japan, Southeast Asia, Europe, and internationally.
Technology · Semiconductors · 38,900 employees
ADI vs AMAT FAQ
Which is bigger, Analog Devices or Applied Materials?
Applied Materials (AMAT) is larger, with a market capitalization of $413.83B compared with $197.63B for Analog Devices (ADI).
Which stock has performed better over the past year, ADI or AMAT?
AMAT returned +146.10% over the past 12 months, compared with +75.44% for ADI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ADI or AMAT?
AMAT has the lower trailing P/E at 45.0, versus 48.4 for ADI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Analog Devices or Applied Materials?
Analog Devices has the higher yield at 1.05%, compared with 0.38% for Applied Materials.
Are Analog Devices and Applied Materials in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.