Applied Materials (AMAT) vs Arm (ARM)
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 Arm (ARM) over the past year, gaining 146.1% versus a gain of 84.7%. Applied Materials is the larger company by market cap ($413.19 billion vs $314.39 billion), about 1.3 times the size, while Arm is growing revenue faster (+22.8% vs +4.4%). On valuation, Applied Materials trades at a lower forward P/E (28.2x vs 96.1x for Arm).
Applied Materials pays a dividend yielding 0.38%, while Arm does not currently pay one. Applied Materials converts more of its revenue into profit, with a net margin of 24.7% versus 18.4%.
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 | AMAT | ARM |
|---|---|---|
| Share price | $520.65 | $294.37 |
| Market cap | $413.19B | $314.39B |
| 1-day change | -1.81% | -2.71% |
| YTD return | +102.60% | +169.30% |
| 1-year return | +146.10% | +84.74% |
| 5-year return | +295.66% | — |
| P/E ratio (TTM) | 45.75 | 313.16 |
| Forward P/E | 28.20 | 96.11 |
| EPS (TTM) | $11.38 | $0.94 |
| Dividend yield | 0.38% | 0.00% |
| Annual dividend | $1.98 | $0.00 |
| Revenue (latest FY) | $28.37B | $4.92B |
| Revenue growth (YoY) | +4.39% | +22.79% |
| Net income (latest FY) | $7.00B | $904.00M |
| Gross margin | 48.67% | 97.54% |
| Operating margin | 29.22% | 18.29% |
| Net margin | 24.67% | 18.37% |
| 52-week high | $739.67 | $452.70 |
| 52-week low | $203.40 | $100.02 |
| Distance from 52-week high | -29.61% | -34.97% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +22.72% | -1.24% |
| Average volume | 7.11M | 5.25M |
| Shares outstanding | 793.60M | 1.07B |
| Employees | 38,900 | 9,584 |
| 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
- AMAT has outperformed ARM by 61.4 percentage points over the past year.
- Arm trades at a higher earnings multiple (313.2x vs 45.8x trailing P/E).
- Applied Materials is more profitable, keeping 24.7 cents of every revenue dollar as net income versus 18.4 cents for Arm.
- Arm grew revenue faster in its latest fiscal year (+22.79% vs +4.39%).
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
About Arm
ARM stock →Arm Holdings plc researches, develops, licenses, and markets central processing unit (CPU) intellectual property (IP), graphics processing unit IP, systems IP, compute subsystems (CSS), and associated software, tools and related services. The company provides a product portfolio, including CPU IP, GPU and neural processing unit (NPU) accelerators, system IP such as interconnects, compute platform products including pre-integrated CSSs, and development tools and software.
Technology · Semiconductors · 9,584 employees
AMAT vs ARM FAQ
Which is bigger, Applied Materials or Arm?
Applied Materials (AMAT) is larger, with a market capitalization of $413.19B compared with $314.39B for Arm (ARM).
Which stock has performed better over the past year, AMAT or ARM?
AMAT returned +146.10% over the past 12 months, compared with +84.74% for ARM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AMAT or ARM?
AMAT has the lower trailing P/E at 45.8, versus 313.2 for ARM. 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, Applied Materials or Arm?
Applied Materials pays a dividend yielding 0.38%, while Arm does not currently pay a regular dividend.
Are Applied Materials and Arm in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.