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%+0.2pp	48.7%0.0pp	48.7%+0.2pp	48.5%+0.4pp	48.1%+0.4pp
Operating margin	28.6%+0.4pp	28.2%-1.1pp	29.2%-0.9pp	30.1%+0.5pp	29.7%+0.4pp
Net margin	29.3%+1.5pp	27.8%+3.1pp	24.7%+0.8pp	23.9%-0.2pp	24.1%+1.1pp
Returns
Return on equity	39.7%+0.8pp	38.9%+3.4pp	35.5%-0.1pp	35.6%-0.7pp	36.4%+1.2pp
Return on invested capital	25.2%-0.4pp	25.6%+0.8pp	24.9%-2.2pp	27%-1.9pp	28.9%+0.9pp
Efficiency
Asset turnover	0.8×0.0×	0.8×0.0×	0.8×0.0×	0.8×0.0×	0.9×0.0×
Liquidity
Current ratio	2.5×-0.2×	2.7×+0.1×	2.6×+0.1×	2.5×0.0×	2.5×-0.2×
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	0.7×0.0×	0.7×0.0×	0.6×+0.1×	0.6×0.0×	0.6×0.0×
Per Share
Book value per share	$29.92+10.1%	$27.18+7.6%	$25.27+3.9%	$24.32+4.1%	$23.35+2.7%
Valuation
Market capitalization	$313.07B+22.4%	$255.83B+37.8%	$185.7B+28.5%	$144.5B+18.4%	$122B-18.6%
Price / earnings	36.8×+4.2×	32.6×+6.1×	26.5×+5.4×	21.2×+3.1×	18.1×-5.6×
Price / sales	10.8×+1.7×	9.1×+2.5×	6.5×+1.5×	5.1×+0.7×	4.3×-1.1×
Price / book	13.1×+1.3×	11.8×+2.7×	9.1×+1.7×	7.4×+1.0×	6.4×-1.6×
EV / EBITDA	36.3×+5.2×	31.1×+9.2×	21.9×+5.4×	16.5×+2.0×	14.5×-3.7×
Dividend yield	0.5%-0.1pp	0.6%-0.2pp	0.7%-0.2pp	0.9%-0.1pp	1.1%+0.2pp

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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.