Applied Materials
AMAT stock analysis · Information Technology · Semiconductor Materials & Equipment
As of · fund-implied per-share value
Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.
View SEC fund filing ↗Price × SEC outstanding shares. Shares measured 2026-04-26. Approximate; share and price dates can differ.
View share-count filing ↗Momentum data and stock-split review
The official FAQ directs readers to a complete split history. That history ends with the April 2002 two-for-one stock dividend; the current dividend schedule extends through September 2026 and records cash distributions during the reviewed interval. Same-ISIN endpoint continuity and these schedules support a split multiplier of 1. Fund values divided by held shares are indicative price-return proxies, not exchange closes or total returns.
Issuer action history 1 ↗ · Issuer action history 2 ↗ · Issuer action history 3 ↗
Fund valuation at 2025-06-30 ↗ · Fund valuation at 2026-05-31 ↗
DCF value
Equity cash-flow scenario · SEC outstanding shares at 2026-04-26 · -84.9% versus input cap
How this is calculated ↗Reverse DCF
Annual basis · read assumptions below
How this is calculated ↗Relative valuation
65 sector peers · median 43.6×
How this is calculated ↗Historical multiples
7 annual observations · snapshot P/E 82.0× · 276.2% versus history
How this is calculated ↗Free cash flow yield
Annual basis · read assumptions below
How this is calculated ↗ROIC / quality
Normalized tax · financing-capital proxy · parent-equity fallback (scope limitation)
How this is calculated ↗Value composite
Annual basis · read assumptions below
How this is calculated ↗12–1 price momentum
2025-06-30 → 2026-05-31 · Reviewed split basis · fund snapshot
How this is calculated ↗Asset growth
Annual basis · read assumptions below
How this is calculated ↗Net payout yield
Annual basis · read assumptions below
How this is calculated ↗Accrual quality
Parent-earnings fallback versus consolidated cash flow · scope limitation
How this is calculated ↗Fundamental momentum
Annual basis · read assumptions below
How this is calculated ↗Follow the cash
ANNUAL · USDOperating cash flow and reinvestment over time
Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.
Make the assumptions yours
How sensitive is the valuation?
| Return / Growth | 3.0% | 5.0% | 7.0% |
|---|---|---|---|
| 8.0% | $136.72 | $149.18 | $162.57 |
| 10.0% | $100.19 | $109.00 | $118.47 |
| 12.0% | $79.04 | $85.77 | $92.98 |
Annual financial history
Open SEC filings ↗| Fiscal year-end | Revenue | Net income | Operating cash flow | Capital expenditure | Assets |
|---|---|---|---|---|---|
| 2025-10-26 | 28.4B | 7B | 8B | 2.3B | 36.3B |
| 2024-10-27 | 27.2B | 7.2B | 8.7B | 1.2B | 34.4B |
| 2023-10-29 | 26.5B | 6.9B | 8.7B | 1.1B | 30.7B |
| 2022-10-30 | 25.8B | 6.5B | 5.4B | 787M | 26.7B |
| 2021-10-31 | 23.1B | 5.9B | 5.4B | 668M | 25.8B |
| 2020-10-25 | 17.2B | 3.6B | 3.8B | 422M | 22.4B |
| 2019-10-27 | 14.6B | 2.7B | 3.2B | 441M | 19B |
| 2018-10-28 | 16.7B | 3B | 3.8B | 622M | 17.6B |
USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.
Trace the inputs
MODEL ANNUAL PERIOD| Input | Value | SEC tag / source | Filed |
|---|---|---|---|
| revenue | 28.4B | RevenueFromContractWithCustomerExcludingAssessedTax | 2025-12-12 |
| netIncome | 7B | NetIncomeLoss Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income. | 2025-12-12 |
| Parent/common earnings proxy | 7B | NetIncomeLoss | 2025-12-12 |
| cfo | 8B | NetCashProvidedByUsedInOperatingActivities | 2025-12-12 |
| capex | 2.3B | PaymentsToAcquirePropertyPlantAndEquipment | 2025-12-12 |
| operatingIncome | 8.3B | OperatingIncomeLoss | 2025-12-12 |
| assets | 36.3B | Assets | 2025-12-12 |
| equity | 20.4B | StockholdersEquity Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income. | 2025-12-12 |
| Parent book equity proxy | 20.4B | StockholdersEquity | 2025-12-12 |
| debt | 6.5B | LongTermDebtCurrent + LongTermDebtNoncurrent | 2025-12-12 |
| shortDebt | 100M | ShortTermBorrowings | 2025-12-12 |
| cash | 7.2B | CashAndCashEquivalentsAtCarryingValue | 2025-12-12 |
| shares | 808M | WeightedAverageNumberOfDilutedSharesOutstanding | 2025-12-12 |
| dividends | 1.4B | PaymentsOfDividends | 2025-12-12 |
| buybacks | 4.9B | PaymentsForRepurchaseOfCommonStock | 2025-12-12 |
| issuance | 261M | ProceedsFromIssuanceOfCommonStock | 2025-12-12 |