AMAT Applied Materials

XNGS Down Alert

Technology

· How we analyze

About the company

Applied Materials is a major maker of equipment for chip manufacturing. Its machines deposit layers on silicon wafers, etch structures and inspect the results. Customers are chipmakers such as TSMC, Samsung and Intel as well as display manufacturers. As of Oct 11, 2026

Fact sheet (from the annual report) Semiconductors (chips) · Santa Clara, USA

Applied Materials designs, develops, builds and services equipment that customers use to manufacture semiconductors on wafers. The company was incorporated in 1967 and is governed by Delaware law. The Semiconductor Systems segment supplies chipmaking equipment, for example for materials engineering, process control and advanced chip packaging. The Applied Global Services segment supplies maintenance, spare parts and factory automation software to chip fabs. Customers obtain these services individually or by subscription to optimize their installed equipment. The company also builds equipment for the display industry; sales run almost exclusively through its own direct sales force.

Automatically summarized from SEC annual report (10-K, filed Dec 12, 2025) (website of the US Securities and Exchange Commission) · reviewed Oct 14, 2026

Price performance at a glance

Last 30 trading days
  • Today +2.7%
  • 7 days −6.2%
  • 30 days −20.1%
  • 1 year +69.4%
Day range (last trading day)
−2.4%Price at 63% of the range+1.4%
52-week range
−47.5%Price at 34% of the range+90.8%
Distance from the all-time high
−47.6%

Our own calculation from the exchange’s daily candles, as of Oct 26, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.

Where is the price relative to the buy zone?

No buy zone

There is currently no buy zone for this symbol under our Elliott rule. One only forms when the price pulls back after a strong rise.

An observation, not investment advice

Rule (4-hour candles) No active buy zone – the last one ended on Oct 19, 2026 · Buy zone no longer valid

Watcher Full history: every change of the buy zone with its date.

Automated analysis (rule-based)

How we analyze

Timeframe 4 hours · As of Oct 27, 2026

Technical view Applied Materials (4-hour candles): no rule-compliant Elliott count and no buy zone of the rule. Price below the 200-period average. Candlestick chart AMAT with 169 4-hour candles from Jun 29, 2026, 19:30 to Oct 27, 2026, 18:30. Technical view – on this timeframe there is neither a rule setup nor an Elliott count that follows the rules. Price below the 200-period average, next resistance, 2nd resistance, Support, last buy zone until Oct 19, 2026. No value axis. Technical lines, not a forecast, not investment advice. AMAT · 4-hour candles · Technical view – no Elliott count that follows the rules No buy zone of the rule and no wave count – technical lines for orientation 38.2% 50% 61.8% 78.6% next resistance 2nd resistance Support 200-period average last buy zone until Oct 19 Aug Sep Oct last candle Oct 27, 2026, 18:30 · technical lines, not a forecast · not investment advice Without a buy zone of the rule: no value axis
  • 4-hour candles (green = close above open, red = below)
  • 200-period average of the timeframe
  • Resistance or support (earlier highs/lows, grouped into zones)
  • Trend line through the last two confirmed swing lows or highs (dashed = broken)
  • Fibonacci retracement between the last swing high and low (38.2 / 50 / 61.8 / 78.6%)
  • last buy zone of the rule (ended)

Scenarios

Timeframe 4 hours · As of Oct 27, 2026 · from the technical view in the analysis chart

Currently no wave count that follows the rules on 4-hour candles – so no scenarios. Technical view: Price below the 200-period average, a resistance lies above the price, last buy zone ended 8 days ago. Not a forecast, not investment advice.

Fundamental analysis

Applied Materials · Sector Technology · amounts in USD

Information only – does not affect the other analysis methods, not investment advice. Source: SEC filings, As of Dec 12, 2025.

Quality checks

Four angles on the annual figures. Each check counts how many disclosed criteria are met – criteria without data do not count. The bars show where the company ranks on each figure among the stocks we cover and within its sector.

Fiscal year to Oct 26, 2025

Quality 8 of 8 met

  • met: Gross margin above 40% 48.7%
  • met: Operating margin above 15% 29.2%
  • met: Net margin above 10% 24.7%
  • met: Return on equity above 15% 34.3%
  • met: Free cash flow margin above 10% 20.1%
  • met: Profit in each of the last 5 fiscal years 5 of 5
  • met: Free cash flow positive in each of the last 3 fiscal years 3 of 3
  • met: Equity ratio above 30% 56.2%
Gross margin

48.7% Fiscal year 2025

Rank 45 of 100: higher than 45% of 153 peers (All). medium.

Rank 38 of 100: higher than 38% of 57 peers (Sector). medium.

Median Technology: 56.1%

Share of revenue left after the direct cost of the products sold.

Operating margin

29.2% Fiscal year 2025

Rank 76 of 100: higher than 76% of 192 peers (All). strong.

Rank 71 of 100: higher than 71% of 60 peers (Sector). strong.

Median Technology: 14.2%

Operating income divided by revenue: what the core business earns before interest and taxes.

Net margin

24.7% Fiscal year 2025

Rank 74 of 100: higher than 74% of 237 peers (All). strong.

Rank 69 of 100: higher than 69% of 63 peers (Sector). strong.

Median Technology: 12.5%

Profit after all costs, interest and taxes divided by revenue.

Return on equity

34.3% Fiscal year 2025

Rank 78 of 100: higher than 78% of 218 peers (All). strong.

Rank 80 of 100: higher than 80% of 61 peers (Sector). strong.

Median Technology: 13.5%

Net income divided by equity at fiscal year end.

Return on assets

19.3% Fiscal year 2025 (total assets at year end)

Rank 92 of 100: higher than 92% of 238 peers (All). strong.

Rank 83 of 100: higher than 83% of 63 peers (Sector). strong.

Median Technology: 5.9%

Net income divided by total assets at fiscal year end.

Equity ratio

56.2% Fiscal year 2025

Rank 78 of 100: higher than 78% of 239 peers (All). strong.

Rank 61 of 100: higher than 61% of 63 peers (Sector). medium.

Median Technology: 51.6%

Equity as a share of total assets. Usually low for banks.

Free cash flow margin

20.1% Fiscal year 2025

Rank 69 of 100: higher than 69% of 213 peers (All). strong.

Rank 54 of 100: higher than 54% of 62 peers (Sector). medium.

Median Technology: 19.0%

Free cash flow divided by revenue.

Free cash flow

5.7B USD Fiscal year 2025

Operating cash flow minus capital expenditure on property and equipment.

Growth 6 of 7 met

  • not met: Over 3 years, revenue grew by more than 5% per year +3.2%
  • met: Over 5 years, revenue grew by more than 5% per year +10.5%
  • met: Over 10 years, revenue grew by more than 5% per year +11.4%
  • met: Over 3 years, EPS grew by more than 5% per year +5.2%
  • met: Over 5 years, EPS grew by more than 5% per year +17.2%
  • met: Revenue rose in at least 4 of the last 5 fiscal years 5 of 5
  • met: Revenue rose in the last fiscal year +4.4%
Revenue growth 3 years

+3.2% per year

Rank 27 of 100: higher than 27% of 230 peers (All). weak.

Rank 19 of 100: higher than 19% of 59 peers (Sector). weak.

Median Technology: +14.3%

Average growth per year over 3 fiscal years.

Revenue growth 5 years

+10.5% per year

Rank 48 of 100: higher than 48% of 217 peers (All). medium.

Rank 31 of 100: higher than 31% of 54 peers (Sector). weak.

Median Technology: +14.5%

Average growth per year over 5 fiscal years.

Revenue growth 10 years

+11.4% per year

Rank 71 of 100: higher than 71% of 157 peers (All). strong.

Rank 42 of 100: higher than 42% of 37 peers (Sector). medium.

Median Technology: +12.4%

Average growth per year over 10 fiscal years.

EPS growth 3 years

+5.2% per year

Rank 31 of 100: higher than 31% of 157 peers (All). weak.

Rank 23 of 100: higher than 23% of 32 peers (Sector). weak.

Median Technology: +19.2%

Growth of earnings per share per year, adjusted for stock splits.

EPS growth 5 years

+17.2% per year

Rank 62 of 100: higher than 62% of 146 peers (All). medium.

Rank 51 of 100: higher than 51% of 34 peers (Sector). medium.

Median Technology: +17.0%

Growth of earnings per share per year, adjusted for stock splits.

EPS growth 10 years

+22.7% per year

Rank 87 of 100: higher than 87% of 140 peers (All). strong.

Rank 61 of 100: higher than 61% of 27 peers (Sector). medium.

Median Technology: +17.5%

Growth of earnings per share per year, adjusted for stock splits.

Dividend 7 of 7 met

  • met: Pays a dividend 1.78 USD
  • met: Payout ratio at most 60% of earnings 21%
  • met: Dividend paid in each of the last 5 fiscal years 5 of 5
  • met: Dividend per share never lowered in the last 5 fiscal years Dividend per share as filed with the SEC, including special dividends; a one-off higher prior year does not count as a cut. never
  • met: Dividend per share higher than 5 years ago +15.4%
  • met: Free cash flow per share covers the dividend 4.0x
  • met: Dividends paid over the last 5 years covered by free cash flow 17% of free cash flow
Payout ratio

21% Fiscal year 2025

Dividend per share divided by earnings per share.

Dividend growth 5 years

+15.4% per year

Rank 81 of 100: higher than 81% of 118 peers (All). strong.

Rank 79 of 100: higher than 79% of 21 peers (Sector). strong.

Median Technology: +11.2%

Growth of the dividend per share per year.

Free cash flow coverage

4.0x Fiscal year 2025

Free cash flow per share divided by dividend per share. From 1x the dividend is covered.

Financial strength 5 of 6 met

  • not met: Piotroski F-Score at least 7 of 9 6 of 9
  • met: Long-term debt no higher than equity 0.32
  • met: Current assets cover current liabilities 2.61
  • met: Positive equity 20.4B USD
  • met: In 5 years, share count up by at most 5% −12.5%
  • met: Free cash flow positive in the last fiscal year 5.7B USD
Piotroski F-Score

6 of 9 Fiscal year 2025

Rank 45 of 100: higher than 45% of 134 peers (All). medium.

Rank 43 of 100: higher than 43% of 44 peers (Sector). medium.

Median Technology: 6.0 of 9

Nine yes/no tests on profit, cash flow, debt, liquidity and efficiency compared with the prior year.

Debt / equity

0.32 at fiscal year end

Rank 70 of 100: lower than 70% of 199 peers (All). strong.

Rank 58 of 100: lower than 58% of 54 peers (Sector). medium.

Median Technology: 0.41

Long-term financial debt divided by equity.

Liquidity (current ratio)

2.61 at fiscal year end

Rank 77 of 100: higher than 77% of 215 peers (All). strong.

Rank 60 of 100: higher than 60% of 63 peers (Sector). medium.

Median Technology: 2.02

Current assets divided by current liabilities.

Change in share count

−12.5% in 5 years

Rank 87 of 100: lower than 87% of 199 peers (All). strong.

Rank 93 of 100: lower than 93% of 51 peers (Sector). strong.

Median Technology: +2.8%

Change in diluted share count. Negative = share buybacks, positive = new shares.

The 9 criteria of the Piotroski F-Score
  • met: Profit in the last fiscal year (positive return on assets)
  • met: Positive operating cash flow
  • not met: Return on assets higher than the prior year
  • met: Operating cash flow higher than net income
  • not met: Long-term debt relative to total assets fell
  • met: Liquidity (current assets / current liabilities) rose
  • met: No additional shares (diluted share count did not rise)
  • met: Gross margin higher than the prior year
  • not met: Revenue relative to total assets higher than the prior year

Last fiscal year compared with the one before. Returns and revenue per total assets use total assets at the start of the year; leverage = long-term financial debt divided by total assets at year end; new shares via the average diluted share count.

Price-based criteria (P/E, dividend yield) are shown to signed-in users.

Computed automatically from SEC annual reports – not investment advice. Describes the reported figures; points are not a rating of the stock. Rank 0–100 against the 239 stocks we cover and against the sector (from 5 peers); the stronger side is always on the right.

In short

  • Light yellow: Revenue grew over 5 years (+10.5% per year), more slowly than the sector median.
  • Light green: Net income (total) grew over 5 years (+14.1% per year), at least as fast as the sector median; per share +17.2% per year.
  • Light green: Net margin 24.7%, above the sector median (12.5%).
  • Light green: Debt not higher than usual in the sector.
  • Light green: Profit in each of the last 10 fiscal years.

Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.

RevenueNet income Net margin (below) in USD
  1. Fiscal year 2016 (Oct 26, 2015 – Oct 30, 2016): Revenue 10.8B USD · Net income 1.7B USD · Net margin 15.9%
  2. Fiscal year 2017 (Oct 31, 2016 – Oct 29, 2017): Revenue 14.5B USD · Net income 3.4B USD · Net margin 23.6%
  3. Fiscal year 2018 (Oct 30, 2017 – Oct 28, 2018): Revenue 17.3B USD · Net income 3.3B USD · Net margin 19.2%
  4. Fiscal year 2019 (Oct 29, 2018 – Oct 27, 2019): Revenue 14.6B USD · Net income 2.7B USD · Net margin 18.5%
  5. Fiscal year 2020 (Oct 28, 2019 – Oct 25, 2020): Revenue 17.2B USD · Net income 3.6B USD · Net margin 21.0%
  6. Fiscal year 2021 (Oct 26, 2020 – Oct 31, 2021): Revenue 23.1B USD · Net income 5.9B USD · Net margin 25.5%
  7. Fiscal year 2022 (Nov 1, 2021 – Oct 30, 2022): Revenue 25.8B USD · Net income 6.5B USD · Net margin 25.3%
  8. Fiscal year 2023 (Oct 31, 2022 – Oct 29, 2023): Revenue 26.5B USD · Net income 6.9B USD · Net margin 25.9%
  9. Fiscal year 2024 (Oct 30, 2023 – Oct 27, 2024): Revenue 27.2B USD · Net income 7.2B USD · Net margin 26.4%
  10. Fiscal year 2025 (Oct 28, 2024 – Oct 26, 2025): Revenue 28.4B USD · Net income 7.0B USD · Net margin 24.7%

Fiscal year 2025 (Oct 28, 2024 – Oct 26, 2025): Revenue 28.4B USD · Net income 7.0B USD · Net margin 24.7%

Figures over time

Where the money of a fiscal year goes and how margins, returns, balance sheet, cash flow and share count developed over up to 10 years. Each chart has one sentence saying what the trend shows.

Money flow in fiscal year 2025

Of 100 USD of revenue, 48.7 USD gross profit, 29.2 USD operating income and 24.7 USD net income remained.

Money flow as a table
Fiscal year 2025, amounts in USD, share of revenue
ItemAmountof revenue
Revenue28.4B USD100.0%
Gross profit13.8B USD48.7%
Cost of revenue14.6B USD51.3%
Operating income8.3B USD29.2%
Research & development3.6B USD12.6%
Other operating expenses1.9B USD6.9%
Net income7.0B USD24.7%
Interest expense269.0M USD0.9%
Taxes & other (net)1.0B USD3.6%

Taxes, interest and other items are not available separately in the SEC data; they are combined as the difference.

Margins

The operating margin rose in 5 years from 25.4% to 29.2%.

Gross marginOperating marginNet margin
  1. Fiscal year 2016: Gross margin 41.7% · Operating margin 19.9% · Net margin 15.9%
  2. Fiscal year 2017: Gross margin 44.9% · Operating margin 26.6% · Net margin 23.6%
  3. Fiscal year 2018: Gross margin 45.3% · Operating margin 27.8% · Net margin 19.2%
  4. Fiscal year 2019: Gross margin 43.7% · Operating margin 22.9% · Net margin 18.5%
  5. Fiscal year 2020: Gross margin 44.7% · Operating margin 25.4% · Net margin 21.0%
  6. Fiscal year 2021: Gross margin 47.3% · Operating margin 29.9% · Net margin 25.5%
  7. Fiscal year 2022: Gross margin 46.5% · Operating margin 30.2% · Net margin 25.3%
  8. Fiscal year 2023: Gross margin 46.7% · Operating margin 28.9% · Net margin 25.9%
  9. Fiscal year 2024: Gross margin 47.5% · Operating margin 28.9% · Net margin 26.4%
  10. Fiscal year 2025: Gross margin 48.7% · Operating margin 29.2% · Net margin 24.7%

Returns

Return on equity stayed roughly the same in 5 years (34.3%).

Return on equityReturn on assets
  1. Fiscal year 2016: Return on equity 23.8% · Return on assets 11.8%
  2. Fiscal year 2017: Return on equity 36.7% · Return on assets 17.7%
  3. Fiscal year 2018: Return on equity 48.4% · Return on assets 18.6%
  4. Fiscal year 2019: Return on equity 32.9% · Return on assets 14.2%
  5. Fiscal year 2020: Return on equity 34.2% · Return on assets 16.2%
  6. Fiscal year 2021: Return on equity 48.1% · Return on assets 22.8%
  7. Fiscal year 2022: Return on equity 53.5% · Return on assets 24.4%
  8. Fiscal year 2023: Return on equity 41.9% · Return on assets 22.3%
  9. Fiscal year 2024: Return on equity 37.8% · Return on assets 20.9%
  10. Fiscal year 2025: Return on equity 34.3% · Return on assets 19.3%

Equity and long-term debt

The equity ratio rose in 5 years from 47.3% to 56.2%.

EquityLong-term debt in USD Long-term debt, depending on the filing, includes the current portion or leases.
  1. Fiscal year 2016: Equity 7.2B USD · Long-term debt 3.1B USD
  2. Fiscal year 2017: Equity 9.3B USD · Long-term debt 5.3B USD
  3. Fiscal year 2018: Equity 6.8B USD · Long-term debt 5.3B USD
  4. Fiscal year 2019: Equity 8.2B USD · Long-term debt 4.7B USD
  5. Fiscal year 2020: Equity 10.6B USD · Long-term debt 5.4B USD
  6. Fiscal year 2021: Equity 12.2B USD · Long-term debt 5.5B USD
  7. Fiscal year 2022: Equity 12.2B USD · Long-term debt 5.5B USD
  8. Fiscal year 2023: Equity 16.3B USD · Long-term debt 5.5B USD
  9. Fiscal year 2024: Equity 19.0B USD · Long-term debt 5.5B USD
  10. Fiscal year 2025: Equity 20.4B USD · Long-term debt 6.5B USD

Liquidity (current ratio)

The current ratio fell in 5 years from 3.00 to 2.61.

Current ratio
  1. Fiscal year 2016: Current ratio 2.30
  2. Fiscal year 2017: Current ratio 3.14
  3. Fiscal year 2018: Current ratio 2.64
  4. Fiscal year 2019: Current ratio 2.30
  5. Fiscal year 2020: Current ratio 3.00
  6. Fiscal year 2021: Current ratio 2.54
  7. Fiscal year 2022: Current ratio 2.16
  8. Fiscal year 2023: Current ratio 2.60
  9. Fiscal year 2024: Current ratio 2.51
  10. Fiscal year 2025: Current ratio 2.61

Cash flow

Free cash flow rose in 5 years from 3.4B USD to 5.7B USD.

Operating cash flowCapital expenditureFree cash flow in USD
  1. Fiscal year 2016: Operating cash flow 2.5B USD · Capital expenditure 253.0M USD · Free cash flow 2.2B USD
  2. Fiscal year 2017: Operating cash flow 3.6B USD · Capital expenditure 345.0M USD · Free cash flow 3.3B USD
  3. Fiscal year 2018: Operating cash flow 3.8B USD · Capital expenditure 622.0M USD · Free cash flow 3.2B USD
  4. Fiscal year 2019: Operating cash flow 3.2B USD · Capital expenditure 441.0M USD · Free cash flow 2.8B USD
  5. Fiscal year 2020: Operating cash flow 3.8B USD · Capital expenditure 422.0M USD · Free cash flow 3.4B USD
  6. Fiscal year 2021: Operating cash flow 5.4B USD · Capital expenditure 668.0M USD · Free cash flow 4.8B USD
  7. Fiscal year 2022: Operating cash flow 5.4B USD · Capital expenditure 787.0M USD · Free cash flow 4.6B USD
  8. Fiscal year 2023: Operating cash flow 8.7B USD · Capital expenditure 1.1B USD · Free cash flow 7.6B USD
  9. Fiscal year 2024: Operating cash flow 8.7B USD · Capital expenditure 1.2B USD · Free cash flow 7.5B USD
  10. Fiscal year 2025: Operating cash flow 8.0B USD · Capital expenditure 2.3B USD · Free cash flow 5.7B USD

Share count

The share count fell in 5 years by 12.5% (mostly through share repurchases).

Diluted share count
  1. Fiscal year 2016: Diluted share count 1.1B
  2. Fiscal year 2017: Diluted share count 1.1B
  3. Fiscal year 2018: Diluted share count 1.0B
  4. Fiscal year 2019: Diluted share count 945.0M
  5. Fiscal year 2020: Diluted share count 923.0M
  6. Fiscal year 2021: Diluted share count 919.0M
  7. Fiscal year 2022: Diluted share count 877.0M
  8. Fiscal year 2023: Diluted share count 845.0M
  9. Fiscal year 2024: Diluted share count 834.0M
  10. Fiscal year 2025: Diluted share count 808.0M

From annual reports filed with the SEC (10-K, 20-F, 40-F) as first reported, share count adjusted for splits; obvious filing errors (e.g. wrong unit, outliers against both neighbouring years) are hidden. Describes the reported figures – not investment advice.

Dividends and share repurchases

How much the company returns to its shareholders – as dividends or by repurchasing its own shares – and whether free cash flow supports it.

Dividend per share
1.78 USD · Fiscal year 2025
Dividend growth per year
3 y +20.4%5 y +15.4%10 y –
Years without a cut
at least 7 as far as the data goes
Payout ratio
of earnings 21% of free cash flow 24%
To shareholders (5 years)
26.0B USD 80% through repurchases
Share count over 5 years
−12.5% fewer shares – each share is a larger stake

Dividend per share

The dividend per share rose in 5 years from 0.87 USD to 1.78 USD.

Dividend per share USD per share Per share as filed with the SEC, including special dividends; obvious filing errors are hidden. Some years hidden: dividend per share does not match the total paid.
  1. Fiscal year 2016: Dividend per share not available
  2. Fiscal year 2017: Dividend per share not available
  3. Fiscal year 2018: Dividend per share 0.70 USD
  4. Fiscal year 2019: Dividend per share 0.83 USD
  5. Fiscal year 2020: Dividend per share 0.87 USD
  6. Fiscal year 2021: Dividend per share 0.94 USD
  7. Fiscal year 2022: Dividend per share 1.02 USD
  8. Fiscal year 2023: Dividend per share 1.22 USD
  9. Fiscal year 2024: Dividend per share 1.52 USD
  10. Fiscal year 2025: Dividend per share 1.78 USD

Payout ratios

The payout ratio fell in 5 years from 22.2% to 20.6%.

Payout ratio (earnings)Payout ratio (free cash flow)
  1. Fiscal year 2016: Payout ratio (earnings) not available · Payout ratio (free cash flow) 20.1%
  2. Fiscal year 2017: Payout ratio (earnings) not available · Payout ratio (free cash flow) 13.2%
  3. Fiscal year 2018: Payout ratio (earnings) 21.7% · Payout ratio (free cash flow) 19.1%
  4. Fiscal year 2019: Payout ratio (earnings) 29.0% · Payout ratio (free cash flow) 27.5%
  5. Fiscal year 2020: Payout ratio (earnings) 22.2% · Payout ratio (free cash flow) 23.3%
  6. Fiscal year 2021: Payout ratio (earnings) 14.7% · Payout ratio (free cash flow) 17.6%
  7. Fiscal year 2022: Payout ratio (earnings) 13.7% · Payout ratio (free cash flow) 18.9%
  8. Fiscal year 2023: Payout ratio (earnings) 15.0% · Payout ratio (free cash flow) 12.8%
  9. Fiscal year 2024: Payout ratio (earnings) 17.7% · Payout ratio (free cash flow) 15.9%
  10. Fiscal year 2025: Payout ratio (earnings) 20.6% · Payout ratio (free cash flow) 24.3%

What goes back to shareholders

Over 5 years, 26.0B USD went back to shareholders, 80% of it through share repurchases. That is 86% of the free cash flow of those years. This was offset by new shares issued for 1.1B USD (including employee plans).

Dividends paidShare repurchasesNew shares issued (including employee plans)Free cash flow in USD
  1. Fiscal year 2016: Dividends paid 444.0M USD · Share repurchases 1.9B USD · New shares issued (including employee plans) 88.0M USD · Free cash flow 2.2B USD
  2. Fiscal year 2017: Dividends paid 430.0M USD · Share repurchases 1.2B USD · New shares issued (including employee plans) 97.0M USD · Free cash flow 3.3B USD
  3. Fiscal year 2018: Dividends paid 605.0M USD · Share repurchases 5.3B USD · New shares issued (including employee plans) 124.0M USD · Free cash flow 3.2B USD
  4. Fiscal year 2019: Dividends paid 771.0M USD · Share repurchases 2.4B USD · New shares issued (including employee plans) 145.0M USD · Free cash flow 2.8B USD
  5. Fiscal year 2020: Dividends paid 787.0M USD · Share repurchases 649.0M USD · New shares issued (including employee plans) 174.0M USD · Free cash flow 3.4B USD
  6. Fiscal year 2021: Dividends paid 838.0M USD · Share repurchases 3.8B USD · New shares issued (including employee plans) 175.0M USD · Free cash flow 4.8B USD
  7. Fiscal year 2022: Dividends paid 873.0M USD · Share repurchases 6.1B USD · New shares issued (including employee plans) 199.0M USD · Free cash flow 4.6B USD
  8. Fiscal year 2023: Dividends paid 975.0M USD · Share repurchases 2.2B USD · New shares issued (including employee plans) 227.0M USD · Free cash flow 7.6B USD
  9. Fiscal year 2024: Dividends paid 1.2B USD · Share repurchases 3.8B USD · New shares issued (including employee plans) 243.0M USD · Free cash flow 7.5B USD
  10. Fiscal year 2025: Dividends paid 1.4B USD · Share repurchases 4.9B USD · New shares issued (including employee plans) 261.0M USD · Free cash flow 5.7B USD

Dividends paid, repurchases and new shares issued from the cash flow statement of annual reports filed with the SEC (as first reported). Describes the reported figures – not investment advice.

Valuation over time

Price-based valuation (P/E, P/S, price/free cash flow and dividend yield per fiscal year, compared with its own average) for signed-in users.

Sector comparison

Applied Materials next to 8 stocks of the sector Technology we cover that are closest in revenue. Click a column header to sort the table.

Sector comparison AMAT, sector Technology; last row: sector median
Symbol Revenue (FY) Growth 5 yrsGross marginOp. marginNet marginROEEquity ratioFCF marginPiotroski
SMCI Supermicro 39.1B USD +61.5%10.8%7.1%5.7%15.4%48.4%−17.8%4/9
AMD Advanced Micro Devices 34.6B USD +28.8%49.5%10.7%12.5%6.9%81.9%19.4%8/9
HPE Hewlett Packard Enterprise 34.3B USD +4.9%–−1.3%0.2%0.2%32.5%1.8%–
AMAT Applied Materials this stock 28.4B USD +10.5%48.7%29.2%24.7%34.3%56.2%20.1%6/9
ADBE Adobe Inc. 23.8B USD +13.1%89.3%36.6%30.0%61.3%39.4%41.4%7/9
LRCX Lam Research 23.2B USD +9.7%50.5%35.3%31.3%58.3%53.0%21.1%8/9
APH Amphenol 23.1B USD +21.8%36.9%25.4%18.5%31.8%37.0%19.0%7/9
INTU Intuit 21.4B USD +17.4%–27.4%21.3%24.0%51.6%40.4%–
SNDK Sandisk 20.2B USD –71.5%61.2%56.5%72.7%69.9%56.8%7/9
Median of the sector 63 symbols 11.0B USD +14.5%56.1%14.2%12.5%13.5%51.6%19.0%6/9

Growth 5 yrs = revenue growth per year over 5 fiscal years · Op. margin = operating margin · ROE = return on equity · FCF = free cash flow · Piotroski = F-Score (only with all 9 criteria).

Figures of the last fiscal year from SEC annual reports (peers as of Oct 28, 2026). Median across all companies of the sector we cover (from 5 stocks; several share classes of one company count once). Signed-in users also see P/E, P/S and dividend yield in the comparison. Describes the reported figures – not investment advice.

Key figures with traffic lights

Each light follows a simple, disclosed rule. The comparison is with the sector median of all 97 symbols in the Technology sector on our list (current members of the S&P 500 and other lists).

Revenue growth

Light yellow: below sector

+10.5% per year, last 5 years

Sector Technology: median +13.5% (88 symbols)

What does this mean? Revenue: over 5 years it grew by 10.5% per year on average, but more slowly than the median company in the sector (+13.5%).

Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.

Net income (total)

Light green: above sector

+14.1% per year, last 5 years

Sector Technology: median +13.3% (62 symbols)

per share: +17.2% per year (5 years, split-adjusted)

What does this mean? Total net income: over 5 years it grew by 14.1% per year on average – at least as fast as the median company in the sector (+13.3%).

Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.

Net margin

Light green: above sector

24.7% last fiscal year

Sector Technology: median 12.5% (97 symbols)

What does this mean? Of every 100 USD in revenue, 24.67 USD remained as profit – at least as much as the median company in the sector (12.5%). Five years ago the margin was 21.0%.

Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.

Debt / equity

Light green: lower than sector

0.20 latest balance sheet

Sector Technology: median 0.45 (79 symbols)

What does this mean? For every 1 USD of equity there is 0.20 USD of financial debt – no more than the median company in the sector (0.45). More debt amplifies good and bad years alike.

Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.

Payout ratio

Light green: covered

21% Dividend / earnings per share

Sector Technology: median 30% (36 symbols)

What does this mean? Of every 1 USD of earnings per share, 0.21 USD went to shareholders as a dividend. The rest stays in the company. Median company in the sector: 30%.

Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.

Profitable years

Light green: profit every year

10 of 10 fiscal years with a profit

What does this mean? In 10 of the last 10 fiscal years the bottom line showed a profit. There were no losses in this period.

Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).

Last fiscal year and 13F

Information, not a trading signal · Source: SEC EDGAR
Revenue (FY)
28.4B USD
Revenue vs. prior year
+4.4%
Net income (FY)
7.0B USD
Net income vs. prior year
−2.5%
EPS (FY)
8.66 USD
13F funds with a position
3 of 9
Funds vs. prior quarter
−1
Shares held vs. prior quarter
−27.5%
Fiscal year to Oct 26, 2025 · 10-K filed Dec 12, 2025 · Balance sheet Jul 26, 2026 (filed Aug 20, 2026) · Price-based figures (P/E, P/S, dividend yield, market cap) only when logged in. · Values as first reported; debt = reported financial debt (US GAAP: long-term). 13F: reporting date Jun 30, 2026, 9 tracked funds have filed (latest Aug 14, 2026), filed with up to 45 days of delay. Stock positions only; comparison with Mar 31, 2026 only across funds that filed for both quarters.
All figures as a table
Fiscal years (amounts in USD, per share in USD)
YearEndRevenueNet income MarginEarnings per shareDividend per sharePayout
2025Oct 26, 2025 28.4B7.0B 24.7% 8.66 1.78 21%
2024Oct 27, 2024 27.2B7.2B 26.4% 8.61 1.52 18%
2023Oct 29, 2023 26.5B6.9B 25.9% 8.11 1.22 15%
2022Oct 30, 2022 25.8B6.5B 25.3% 7.44 1.02 14%
2021Oct 31, 2021 23.1B5.9B 25.5% 6.40 0.94 15%
2020Oct 25, 2020 17.2B3.6B 21.0% 3.92 0.87 22%
2019Oct 27, 2019 14.6B2.7B 18.5% 2.86 0.83 29%
2018Oct 28, 2018 17.3B3.3B 19.2% 3.23 0.70 22%
2017Oct 29, 2017 14.5B3.4B 23.6% 3.17 0.10 3%
2016Oct 30, 2016 10.8B1.7B 15.9% 1.54 0.10 6%
Quarters (amounts in USD, per share in USD)
QuarterEndRevenueNet income MarginEarnings per shareDividend per sharePayout
Q3/26Jul 26, 2026 9.1B2.5B 27.8% 3.17 0.53 17%
Q2/26Apr 26, 2026 7.9B2.8B 35.5% 3.51 0.53 15%
Q1/26Jan 25, 2026 7.0B2.0B 28.9% 2.54 0.46 18%
Q4/25*Oct 26, 2025 6.8B1.9B 27.9% – 0.46 –
Q3/25Jul 27, 2025 7.3B1.8B 24.4% 2.22 0.46 21%
Q2/25Apr 27, 2025 7.1B2.1B 30.1% 2.63 0.46 17%
Q1/25Jan 26, 2025 7.2B1.2B 16.5% 1.45 0.40 28%
Q4/24*Oct 27, 2024 7.0B1.7B 24.6% – 0.40 –
Q3/24Jul 28, 2024 6.8B1.7B 25.2% 2.05 0.40 20%
Q2/24Apr 28, 2024 6.6B1.7B 25.9% 2.06 0.40 19%
Q1/24Jan 28, 2024 6.7B2.0B 30.1% 2.41 0.32 13%
Q4/23*Oct 29, 2023 6.7B2.0B 29.8% – 0.32 –

* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.

How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.

Insiders

All insider transactions
Insider purchases and sales on the market over 3, 6 and 12 months
PeriodPurchasesSalesNet
3 months $00 people $4.5M3 people −$4.5M
6 months $00 people $174.1M8 people −$174.1M
12 months $00 people $180.6M9 people −$180.6M

Latest transactions

  • Oct 2, 2026 Sanders Adam Officer Open-market sale 725 shares · $394.8K · SEC
  • Sep 8, 2026 Bruner Judy Director Open-market sale 1,000 shares · $465.0K · SEC
  • Aug 25, 2026 Hill Brice Chief financial officer (CFO) Open-market sale 7,500 shares · $3.6M · SEC
  • Jun 30, 2026 Dickerson Gary E Chief executive (CEO), Director Open-market sale 30 shares · $22.1K · SEC
  • Jun 30, 2026 Dickerson Gary E Chief executive (CEO), Director Open-market sale 19,970 shares · $14.7M · SEC
  • Jun 29, 2026 Dickerson Gary E Chief executive (CEO), Director Open-market sale 7,989 shares · $5.6M · SEC

Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.

Trend score -50

Price vs. EMA 50-15
Price vs. EMA 200-15
EMA 50 vs. EMA 200+20
ADX (trend strength)-15
Highs and lows-10
Relative strength-15

Volatility and trend strength

ADX 14 (trend strength)31.4
Rel. strength 60 d−25.5%

ATR and moving averages as price values only when logged in.

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