Applied Materials, Inc. — AMAT

Close PriceMarket CapP/E RatioForward P/E RatioImplied Growth*Implied Forward Growth*DividendP/B Ratio
$230.07$183.28B27.523.714.7%13.1%$1.84
0.8%		9.4

Revenue & Net Income

Revenue & Net Income
  Date Revenue Net Income EPS Revenue Change Net Income Change EPS Change
0 2020-10-31 $17.2B $3.6B $3.95 N/A N/A N/A
1 2021-10-31 $23.1B $5.9B $6.47 34.1% 62.7% 63.8%
2 2022-10-31 $25.8B $6.5B $7.49 11.8% 10.8% 15.8%
3 2023-10-31 $26.5B $6.9B $8.16 2.8% 5.1% 8.9%
4 2024-10-31 $27.2B $7.2B $8.68 2.5% 4.7% 6.4%
5 TTM 2025-04-30 $28.1B $4.6B $8.07 3.4% -35.6% -7.0%
6 Average 10.9% 9.5% 17.6%

EPS

EPS

Forecasts

Revenue/Net Income Forecast EPS Forecast

Y/Y % Change

Revenue YoY Change EPS YoY Change
YoY Growth Rates

AMAT Year-over-Year Growth

  2020 2021 2022 2023 2024 2025 2026 Average
Revenue Growth (%) 34.1% 11.8% 2.8% 2.5% 4.0% 2.5% 9.6%
Revenue Analysts (#) 0 0 0 0 0 8 8
EPS Growth (%) 62.7% 10.8% 5.1% 4.7% 3.9% 0.4% 14.6%
EPS Analysts (#) 0 0 0 0 0 10 10

Expenses

Revenue vs Expenses Expenses % of Revenue
Year Revenue ($) Cost of Revenue ($) R&D ($) Sales & Marketing ($) G&A ($) SG&A ($) Facilities / D&A ($)
2021 $23.1B $11.8B $2.5B $609.0M $620.0M $1.2B $394.0M
2022 $25.8B $13.3B $2.8B $703.0M $735.0M $1.4B $444.0M
2023 $26.5B $13.6B $3.1B $776.0M $852.0M $1.6B $515.0M
2024 $27.2B $13.9B $3.2B $836.0M $961.0M $1.8B $392.0M
Year Revenue Change (%) Cost of Revenue Change (%) R&D Change (%) Sales & Marketing Change (%) G&A Change (%) SG&A Change (%) Facilities / D&A Change (%)
2022 11.80 13.55 11.51 15.44 18.55 17.01 12.69
2023 2.84 2.02 11.95 10.38 15.92 13.21 15.99
2024 2.49 1.98 4.22 7.73 12.79 10.38 -23.88
No unmapped expenses.

Segment Performance

axis1_AMAT_Applied_Global_Services.png
axis1_AMAT_Display.png
axis1_AMAT_Semiconductor_Systems.png
SEGMENTS v2025-09-09 · 2025-11-10 08:17 UTC — Units: $B. Rows list fiscal years (last 3 + TTM) with revenue and operating income for each segment; the final row shows the TTM revenue mix (operating income columns display “—” where mix is not applicable).
Year Semiconductor Systems Rev Semiconductor Systems OI Applied Global Services Rev Applied Global Services OI Display Rev Display OI Total Rev Total OI
2022 18.8B 6.79B 5.54B 1.55B 1.33B 0.24B 25.7B 8.59B
2023 19.7B 6.88B 5.73B 1.53B 0.87B 0.11B 26.3B 8.52B
2024 19.9B 6.98B 6.22B 1.81B 0.89B 0.05B 27B 8.84B
TTM 41.4B 14.8B 12.6B 3.60B 1.85B 0.26B 55.8B 18.7B
% of Total (TTM) 74.1% — 22.5% — 3.3% — 100% —
AMAT_Asia_Pacific_Member_axis2.png
AMAT_C_N_axis2.png
AMAT_Europe_Member_axis2.png
AMAT_J_P_axis2.png
AMAT_K_R_axis2.png
AMAT_Outside_North_America_Member_axis2.png
AMAT_Southeast_Asia_Member_axis2.png
AMAT_T_W_axis2.png
AMAT_U_S_axis2.png

No segment data available for AMAT (axis 2).

Balance Sheet

Balance Sheet
  Metric Value
0 Total Assets $34,211M
1 Cash $5,384M
2 Total Liabilities $14,707M
3 Total Debt $6,763M
4 Total Equity $19,504M
5 Debt to Equity Ratio 0.35

EPS & Dividend

EPS & Dividend

Valuation

Valuation
Share Price Treasury Yield Estimates Fair Value (P/E) Fair Value (P/S) Current P/S Current P/E
$169.46 4.4% Nicks Growth: 10%
Nick's Expected Margin: 25%
FINVIZ Growth: 9%		 Nicks: 17
Finviz: 15		 Nick's: 4.321 4.8 20.6
Basis Year Nicks Valuation Nicks vs Share Price Finviz Valuation Finviz vs Share Price
$8.07 EPS TTM $139.49 -17.7% $122.30 -27.8%
$9.47 EPS 2025 $163.69 -3.4% $143.52 -15.3%
$9.99 EPS 2026 $172.68 1.9% $151.40 -10.7%

Implied Growth

Implied Growth
Average Median Std Dev Current Percentile
TTM Forward TTM Forward TTM Forward TTM Forward TTM Forward
Timeframe
1 Year 12.91% 11.27% 13.06% 11.29% 1.27% 1.25% 14.73% 13.12% 94.4% 93.5%
3 Years 12.91% 11.27% 13.06% 11.29% 1.27% 1.25% 14.73% 13.12% 94.4% 93.5%
5 Years 12.91% 11.27% 13.06% 11.29% 1.27% 1.25% 14.73% 13.12% 94.4% 93.5%
10 Years 12.91% 11.27% 13.06% 11.29% 1.27% 1.25% 14.73% 13.12% 94.4% 93.5%

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