Applied Materials (AMAT)

On 12 Nov 2026 Applied Materials closed at $380.95, +48.8% this year; market cap $304.76bn, P/E 32.9.

About

Information Technology · Semiconductor Materials & Equipment · NASDAQ · United States

Applied Materials, Inc. provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries in the United States, China, Korea, Taiwan, Japan, Southeast Asia, Europe, and internationally. The company operates through Semiconductor Systems and Applied Global Services (AGS) segments. The Semiconductor Systems segment includes semiconductor capital equipment to enable materials engineering steps, including etch, rapid thermal processing, deposition, chemical mechanical planarization, metrology and inspection, wafer packaging, and ion implantation. The AGS segment offers integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, and 200 millimeter and other equipment and factory automation software for semiconductor and other products. It serves manufacturers of semiconductor wafers and chips, and other electronic devices. Applied Materials, Inc. was incorporated in 1967 and is headquartered in Santa Clara, California.

Key figures

Market cap$304.76bn
P/E (trailing)32.9
EPS (TTM)$11.58
Beta1.67
Dividend$2.12
Dividend yield0.56%
Ex-dividend date19 Nov 2026
Latest report13 Aug 2026
Next earnings12 Nov 2026

Performance

YTD+48.8%
1Y+66.0%
3Y+37.6%
5Y+20.4%

Financials

YearRevenueNet incomeFree cash flow
2025$28.37bn$7.00bn$5.70bn
2024$27.18bn$7.18bn$7.49bn
2023$26.52bn$6.86bn$7.59bn
2022$25.79bn$6.53bn$4.61bn
2021$23.06bn$5.89bn$4.77bn

Valuation

We publish no single base value for Applied Materials. Our valuation methods put it between $123.92 and $195.79 a share. The valuation code's reason: no point fair value: the two anchors behind it compound the same growth rate and differ only in how they end — a perpetuity at the terminal rate against a multiple on the final year — so the midpoint between them measures terminal treatment rather than what the business is worth. The published range is the same reading with the false precision removed: read it as the span the method supports, and treat neither edge as a point estimate. See every method

Options

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Data as of 12 Nov 2026. Not investment advice.