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Applied Materials AMAT Ratios & Valuation

TTM Q2 '26TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25
Profitability
Gross margin194.9%+0.8pp194%+1.0pp193%+1.2pp191.8%+1.1pp190.7%+1.0pp
Operating margin116.1%-1.1pp117.2%-1.1pp118.2%+0.3pp118%+1.1pp116.8%+0.8pp
Net margin105.6%+5.3pp100.4%+4.8pp95.6%-1.7pp97.3%-3.9pp101.2%-3.5pp
Returns
Return on equity149.7%+3.3pp146.4%+3.7pp142.7%-5.1pp147.8%-8.3pp156.1%-8.8pp
Return on invested capital102.7%-3.6pp106.4%-2.3pp108.7%-5.8pp114.5%-4.3pp118.8%-3.6pp
Efficiency
Asset turnover3.2×-0.1×3.3×-0.1×3.4×0.0×3.4×0.0×3.4×0.0×
Liquidity
Current ratio10.3×0.0×10.3×0.0×10.3×+0.1×10.1×-0.4×10.5×-0.3×
Leverage
Debt-to-equity1.3×0.0×1.4×0.0×1.4×0.0×1.4×0.0×1.4×0.0×
Net debt / EBITDA2.6×+0.1×2.5×0.0×2.5×0.0×2.5×-0.1×2.5×0.0×
Per Share
Book value per share$106.69+6.6%$100.12+4.6%$95.68+2.7%$93.19+1.9%$91.49+1.8%
Valuation
Market capitalization$899.1B+27.0%$708.03B+17.6%$602.05B+6.4%$566.05B-5.2%$597.25B-6.7%
Price / earnings117.1×+18.7×98.4×+9.0×89.4×+5.7×83.7×-2.4×86.1×-4.5×
Price / sales31.5×+6.4×25×+3.6×21.4×+1.0×20.3×-1.5×21.8×-1.9×
Price / book41.4×+6.7×34.7×+3.7×31×+1.2×29.8×-1.9×31.7×-2.6×
EV / EBITDA105.9×+21.7×84.1×+12.8×71.3×+3.2×68.2×-5.5×73.7×-6.4×
Dividend yield2.7%-0.6pp3.3%-0.3pp3.6%-0.1pp3.6%+0.3pp3.4%+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.