Applied Materials Financial Ratios
NASDAQ: AMATTechnologySemiconductorsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Applied Materials ratio analysis
Applied Materials earned a net margin of 24.7% in FY 2025, down from 26.4% a year earlier. Gross margin was 48.7% compared with a median of 45.0% over the prior 9 years. Return on equity reached 34.3%, meaning Applied Materials generated 0.34 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.32 versus 0.37 the year before, and the current ratio was 2.61. At the end of FY 2025, AMAT traded at 26.4 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 10.9 to 26.4, with a median of 18.0. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Applied Materials financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 26.41 | 21.66 | 16.19 | 12.06 | 21.35 | 15.55 | 19.48 | 10.93 | 17.44 | 18.61 |
| Price / sales | 6.48 | 5.68 | 4.16 | 3.03 | 5.39 | 3.25 | 3.57 | 1.96 | 4.14 | 2.93 |
| Price / book | 9.01 | 8.12 | 6.75 | 6.41 | 10.15 | 5.28 | 6.36 | 4.79 | 6.32 | 4.28 |
| Gross margin | 48.7% | 47.5% | 46.7% | 46.5% | 47.3% | 44.7% | 43.7% | 45.0% | 45.0% | 41.7% |
| Operating margin | 29.2% | 28.9% | 28.9% | 30.2% | 29.9% | 25.4% | 22.9% | 26.9% | 26.8% | 19.9% |
| Net margin | 24.7% | 26.4% | 25.9% | 25.3% | 25.5% | 21.0% | 18.5% | 18.2% | 23.9% | 15.9% |
| Free cash flow margin | 20.1% | 27.6% | 28.6% | 17.9% | 20.7% | 19.7% | 19.2% | 18.9% | 23.4% | 21.4% |
| Return on equity (ROE) | 34.3% | 37.8% | 41.9% | 53.5% | 48.1% | 34.2% | 32.9% | 44.4% | 36.5% | 23.2% |
| Return on assets (ROA) | 19.3% | 20.9% | 22.3% | 24.4% | 22.8% | 16.2% | 14.2% | 17.2% | 18.1% | 11.8% |
| Debt / equity | 0.32 | 0.37 | 0.34 | 0.45 | 0.45 | 0.52 | 0.72 | 0.78 | 0.55 | 0.48 |
| Current ratio | 2.61 | 2.51 | 2.60 | 2.16 | 2.54 | 3.00 | 2.30 | 2.70 | 3.14 | 2.30 |
| Revenue growth | 4.4% | 2.5% | 2.8% | 11.8% | 34.1% | 17.8% | -12.6% | 13.7% | 35.8% | 12.1% |
| EPS growth | 0.6% | 6.2% | 9.0% | 16.3% | 63.3% | 37.1% | -3.4% | -8.9% | 111.0% | 37.5% |