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

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	193%+4.0pp	189%+3.2pp	185.8%-2.9pp	188.7%+3.9pp
Operating margin	118.2%+2.5pp	115.7%-1.0pp	116.7%-7.7pp	124.4%+14.3pp
Net margin	95.6%-13.2pp	108.7%+9.7pp	99.1%-7.0pp	106%+12.4pp
EBITDA margin	124.2%+2.0pp	122.2%-1.9pp	124.1%-7.0pp	131.2%+13.5pp
Free cash flow margin	82.8%-24.0pp	106.8%+14.1pp	92.7%+9.5pp	83.2%-2.7pp
Returns
Return on equity	142.7%-33.4pp	176.1%-20.8pp	196.9%-24.9pp	221.9%+40.7pp
Return on assets	80.1%-13.2pp	93.3%-1.3pp	94.6%-10.6pp	105.2%+20.3pp
Return on invested capital	108.7%-19.3pp	128%-20.4pp	148.5%-15.6pp	164%+34.3pp
Efficiency
Asset turnover	3.4×-0.1×	3.4×-0.4×	3.8×-0.1×	4×+0.4×
Inventory turnover	10.3×+0.5×	9.9×-0.4×	10.2×-1.1×	11.3×0.0×
Liquidity
Current ratio	10.3×-0.6×	10.9×+1.4×	9.5×+0.2×	9.2×-2.6×
Quick ratio	7.4×-0.5×	7.8×+1.5×	6.4×+0.3×	6.1×-2.5×
Cash ratio	0.7×0.0×	0.7×0.0×	0.7×0.0×	0.7×-0.2×
Leverage
Debt-to-equity	1.4×0.0×	1.4×-0.3×	1.7×-0.3×	2×0.0×
Debt-to-assets	0.8×0.0×	0.8×-0.1×	0.8×-0.1×	0.9×0.0×
Net debt / EBITDA	2.5×0.0×	2.4×+0.1×	2.3×+0.1×	2.2×-0.7×
Interest coverage	127.4×-1.6×	129×-2.8×	131.9×-3.7×	135.6×+39.8×
Per Share
Book value per share	$95.68+8.7%	$87.99+26.2%	$69.74+28.8%	$54.16+4.6%
Valuation
Market capitalization	$602.05B-4.0%	$627.16B+46.7%	$427.53B+10.1%	$388.34B-13.6%
Enterprise value	$623.53B-3.6%	$647.08B+45.0%	$446.4B+9.8%	$406.65B-13.0%
Price / earnings	89.4×+3.2×	86.1×+20.9×	65.2×+6.5×	58.7×-34.2×
Price / sales	21.4×-2.1×	23.4×+7.3×	16.1×+0.5×	15.6×-6.1×
Price / book	31×-3.1×	34.1×+5.1×	29×-3.6×	32.6×-4.9×
EV / EBITDA	71.3×-7.8×	79.1×+24.8×	54.3×+4.6×	49.8×-27.1×
EV / sales	22.1×-2.1×	24.2×+7.3×	16.8×+0.5×	16.3×-6.2×
Free cash flow yield	15.9%-2.6pp	18.5%-4.4pp	22.9%+1.2pp	21.6%+5.7pp
Earnings yield	18.3%-0.4pp	18.7%-6.2pp	24.9%-3.2pp	28.1%+10.7pp
Dividend yield	3.6%+0.8pp	2.8%-0.6pp	3.5%-0.2pp	3.7%+0.7pp

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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.