Full text
Earnings transcript
Read the complete earnings call transcript.
AMAT
Applied Materials, Inc.
$377.24
1.66
(0.44%)
| Exchange: | NASDAQ |
| Market Cap: | 299.377B |
| Shares Outstanding: | 620M |
Delayed data
About The Company
| Sector: | TechnologyView sector performance | |||||
| Industry: | SemiconductorsView industry performance | |||||
| CEO: | Gary E. Dickerson | |||||
| Full Time Employees: | 36500 | |||||
| Address: |
| |||||
| Website: | https://www.appliedmaterials.com |
Applied Materials, Inc. engages in provision of materials engineering solutions used to produce semiconductors. The firm also focuses on design, development, production, and servicing of the critical wafer fabrication tools used for customers to manufacture semiconductors. It operates through the following segments: Semiconductor Systems and Applied Global Services (AGS). The Semiconductor Systems segment includes designing, development, manufacturing and sale of equipment used to fabricate semiconductor chips referred to as integrated circuits. The AGS segment engages in provision of services, spares, and factory automation software to customer fabrication plants globally. The company was founded on November 10, 1967 and is headquartered in Santa Clara, CA.
Click to read more…
Revenue Segmentation
AMAT full analysis
Hey everyone, welcome back to the channel. Today we are doing a deep dive into one of the most critical players in the entire semiconductor ecosystem. I’m talking about Applied Materials, ticker AMAT. This is the company that makes the machines that make the chips. And with the AI revolution demanding more and more advanced silicon, AMAT is right in the middle of it all. Let’s break it down. Before we get into the numbers, let’s set the stage. Applied…
Industry Peers
| TICKER | COMPANY | MKT CAP | P/E | FWD P/E | ROIC |
|---|---|---|---|---|---|
| AMAT | Applied Materials, Inc. | 299.4B | 35.1 | 29.4 | 23.5% |
 LRCX | Lam Research Corporation | 288.0B | 45.6 | 40.4 | 40.8% |
 TXN | Texas Instruments Incorporated | 260.0B | 41.8 | 31.6 | 18.8% |
 ARM | Arm Holdings plc American Depositary S… | 224.6B | 235 | 89.9 | 7.3% |
 MRVL | Marvell Technology, Inc. | 200.1B | 74.7 | 80.5 | 5.4% |
 KLAC | KLA Corporation | 190.0B | 45.0 | 39.3 | 35.6% |
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 26,517,000 | 27,176,000 | 28,368,000 |
| Gross Profit | 12,384,000 | 12,897,000 | 13,808,000 |
| EBITDA | 8,456,000 | 8,791,000 | 9,975,000 |
| Operating Income | 7,654,000 | 7,867,000 | 8,289,000 |
| Net Income | 6,856,000 | 7,177,000 | 6,998,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 30,729,000 | 34,409,000 | 36,299,000 |
| Total Liabilities | 14,380,000 | 15,408,000 | 15,884,000 |
| Total Stockholders Equity | 16,349,000 | 19,001,000 | 20,415,000 |
| Total Debt | 5,999,000 | 6,605,000 | 6,555,000 |
| Cash and Cash Equivalents | 6,132,000 | 8,022,000 | 7,241,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 8,700,000 | 8,677,000 | 7,958,000 |
| Capital Expenditure | -1,106,000 | -1,190,000 | -2,260,000 |
| Free Cash Flow | 7,594,000 | 7,487,000 | 5,698,000 |
| Net Income | 6,856,000 | 7,177,000 | 6,998,000 |
| Net Change in Cash | 4,133,000 | 1,880,000 | -781,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 72,510,607.312 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 87,441,019.688 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 80,412,500 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 34,443,877.624 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 43,356,035.813 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 39,160,623.656 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 25,442,570.671 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 32,483,175.640 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 29,168,800.036 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 4,334,691.634 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 5,227,233.237 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 4,807,067.600 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 36.100 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 40.200 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 31.490 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 11 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 7 | Research Access | Research Access | Research Access | Research Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
Strengths (preview)
- Record revenues reported in Q1 fiscal 2025 earnings, reflecting strong operational execution and top-line momentum.
- Management expressed sustained optimism on long-term growth prospects, supported by underlying financial performance metrics.
- Diversified revenue base implied by product and geographic segment reporting, with positive free cash flow generation trends.
Log in with Research Access for Weaknesses, Opportunities, Threats, and the complete SWOT.
At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MarketSnap estimates AMAT intrinsic value between $493.97 – $519.23 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about AMAT valuation
Is Applied Materials, Inc. (AMAT) overvalued or undervalued right now?
MarketSnap estimates intrinsic value for Applied Materials, Inc. (AMAT) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is AMAT a buy, hold, or sell for long-term investors?
MarketSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether AMAT trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is AMAT’s P/E ratio?
You can see AMAT’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for AMAT?
MarketSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MarketSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is AMAT a good long-term investment?
Whether AMAT fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MarketSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
AMAT
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
0.44
Trading Metrics:
| Open: | 375.37 | Previous Close: | 375.58 | |
| Day Low: | 372.8 | Day High: | 384.33 | |
| Year Low: | 203.4 | Year High: | 739.67 | |
| Price Avg 50: | 471.56 | Price Avg 200: | 441.51 | |
| Volume: | 6.892M | Average Volume: | 8.409M |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's free
