What are Applied Materials's profit margins?

Applied Materials (AMAT) runs a 49.0% gross margin and a 28.6% operating margin, with a 29.3% net margin.

Where do Applied Materials's ratios come from?

Every ratio is computed from Applied Materials's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Applied Materials AMAT Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q2 '26	Q1 '26	Q4 '25	Q3 '25	Q2 '25
Profitability
Gross margin	49%+0.8pp	48.7%+1.0pp	48.7%+1.2pp	48.5%+1.1pp	48.1%+1.0pp
Operating margin	28.6%-1.1pp	28.2%-1.1pp	29.2%+0.3pp	30.1%+1.1pp	29.7%+0.8pp
Net margin	29.3%+5.3pp	27.8%+4.8pp	24.7%-1.7pp	23.9%-3.9pp	24.1%-3.5pp
Returns
Return on equity	39.7%+3.3pp	38.9%+3.7pp	35.5%-5.1pp	35.6%-8.3pp	36.4%-8.8pp
Return on invested capital	25.2%-3.6pp	25.6%-2.3pp	24.9%-5.8pp	27%-4.3pp	28.9%-3.6pp
Efficiency
Asset turnover	0.8×-0.1×	0.8×-0.1×	0.8×0.0×	0.8×0.0×	0.9×0.0×
Liquidity
Current ratio	2.5×0.0×	2.7×0.0×	2.6×+0.1×	2.5×-0.4×	2.5×-0.3×
Leverage
Debt-to-equity	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.4×0.0×
Net debt / EBITDA	0.7×+0.1×	0.7×0.0×	0.6×0.0×	0.6×-0.1×	0.6×0.0×
Per Share
Book value per share	$29.92+28.1%	$27.18+19.5%	$25.27+10.9%	$24.32+7.5%	$23.35+7.3%
Valuation
Market capitalization	$313.07B+157%	$255.83B+70.7%	$185.7B+24.1%	$144.5B-17.8%	$122B-26.1%
Price / earnings	36.8×+18.7×	32.6×+9.0×	26.5×+5.7×	21.2×-2.4×	18.1×-4.5×
Price / sales	10.8×+6.4×	9.1×+3.6×	6.5×+1.0×	5.1×-1.5×	4.3×-1.9×
Price / book	13.1×+6.7×	11.8×+3.7×	9.1×+1.2×	7.4×-1.9×	6.4×-2.6×
EV / EBITDA	36.3×+21.7×	31.1×+12.8×	21.9×+3.2×	16.5×-5.5×	14.5×-6.4×
Dividend yield	0.5%-0.6pp	0.6%-0.3pp	0.7%-0.1pp	0.9%+0.3pp	1.1%+0.4pp

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Questions, answered.

What are Applied Materials's profit margins?: Applied Materials (AMAT) runs a 49.0% gross margin and a 28.6% operating margin, with a 29.3% net margin.
Where do Applied Materials's ratios come from?: Every ratio is computed from Applied Materials's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.