Applied Materials, Inc. (AMAT) is a Technology stock trading at $579.38 (as of 2026-07-15), with a market capitalization of $460.01B and a trailing P/E of 54.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation/nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective deposition and removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices. The company operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. Applied Materials, Inc. was incorporated in 1967 and is headquartered in Santa Clara, California.
Applied Materials builds and sells semiconductor and display manufacturing equipment, plus related services and software, to companies that fabricate chips and other electronic components.
Applied Materials' profit model is driven by a mix of Semiconductor Systems equipment sales and Applied Global Services, including recurring revenue (AGS recurring revenue - Supply), with overall results tied to end-market investment in semiconductor and display manufacturing.
| Semiconductor Systems | $6.0B |
| Applied Global Services | $1.7B |
| Display and Adjacent Markets | $0.3B |
Business quality (Strong): Segment names and revenue split are provided, and operating metric candidates include both equipment-driven revenue and AGS recurring revenue, which supports a coherent view of the profit engine. However, only one latest financial snapshot (quarter period and consolidated margins) is included here, so trend assessment is limited.
Valuation: At 53× earnings, AMAT trades in line with the Semiconductors average (51×). Note: one-time items can distort reported P/E.
| Price | $579.38 |
| Market Cap | $460.01B |
| P/E Ratio | 54.1 |
| EV / EBITDA | 53.0 |
| Price / Book | 19.24 |
| Price / Sales | 15.85 |
| FCF Yield | 1.3% |
| DCF Value (model) | $111.05 |
| DCF Upside vs Price | -80.8% |
| Revenue (TTM) | $28.37B |
| Net Margin | 24.7% |
| Revenue Growth (YoY) | 11.4% |
| EPS Growth (YoY) | 33.7% |
| FCF Growth (YoY) | -22.1% |
| Altman Z-Score | 21.45 (safe) |
| Piotroski F-Score | 7/9 (strong) |
| Stock P/E | 54.1 |
| Sector P/E (Technology) | 34.5 |
| Industry P/E (Electronic Equipment) | 42.5 |
| vs Sector | 56.7% |
| vs Industry | 27.2% |
| Insider Sells (12mo) | 3 |
| Top Institutional Holder | BlackRock, Inc. ($26.99B) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 10 |
| Sector | Technology |
| Industry | Electronic Equipment |
| CEO | Gary E. Dickerson |
| Employees | 36,000 |
| Country | US |
| IPO Date | 1980-03-17 |
Data as of 2026-07-15.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.