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Applied Materials AMAT Net debt / EBITDA

Net debt / EBITDA at other companies

KLA Corporation logo
KLA CorporationKLAC
-0.2×
Lam Research logo
Lam ResearchLRCX
-0.1×0.0×
Entegris logo
EntegrisENTG
3.9×-0.1×
Amkor Technology logo
Amkor TechnologyAMKR
0.4×0.0×
Teradyne, Inc. logo
Teradyne, Inc.TER
-0.1×-0.1×
MKS Instruments logo
MKS InstrumentsMKSI
3.8×-0.7×

Other financials

Income statement

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Revenue$7.9B+11.4%
Gross profit$3.9B+13.3%
Operating income$2.5B+16.3%
Net income$2.8B+31.3%
EPS (diluted)$3.51+33.5%

Balance sheet

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Cash & equivalents$1.5B+4.0%
Total debt$7.3B+9.0%
Total equity$23.9B+26.1%
Total assets$40.3B+19.8%

Cash flow

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Operating cash flow$845.0M-46.2%
CapEx$635.0M+24.5%
Free cash flow$210.0M-80.2%

Valuation

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Market cap$470.75B+157%
Enterprise value$476.53B+151%
P/E55.3×+28.2×
P/S16.2×+9.7×

Profitability

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Gross margin49%+0.8pp
Operating margin28.6%-1.1pp
Net margin29.3%+5.3pp

Returns & leverage

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Return on equity39.7%+3.3pp
Debt / equity0.3×0.0×
Current ratio2.5×0.0×

Where this comes from

Calculated from Applied Materials’s reported figures.

Based on the most recent quarter.

The official record: Applied Materials’s 10-Q, filed May 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Applied Materials's net debt / EBITDA?
Applied Materials (AMAT) reported net debt / EBITDA of 0.7× in Q1 2026.
How has Applied Materials's net debt / EBITDA changed year-over-year?
Applied Materials's net debt / EBITDA increased by 9.8% year-over-year, from 0.6× to 0.7×.
What is the long-term trend for Applied Materials's net debt / EBITDA?
Over 4 years (2021 to 2025), Applied Materials's net debt / EBITDA has grown at a -4.8% compound annual growth rate (CAGR), from 3× to 2.5×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.