Skip to content
Industry
This is research, not advice. We’re not SEBI-registered.

Applied Materials share price today

Applied Materials, Inc. · AMAT · Technology · Semiconductor Equipment & Materials · price as of the 6 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Applied Materials share price: $332.73 at the close on 6 November 2026, +44.6% in a year.

Getting betterBusiness trend from the last 12 quarters
$332.73Price +44.6% in a year
28.7×P/E higher than 79% of the last 4.5 years
$9.1 BRevenue (Jul 2026) +24.8% on a year ago
$2.5 BProfit (Jul 2026) +42.7% on a year ago
33.7%Operating margin +3.1 points on a year ago
34%ROE FY25
35.6%ROIC against a 13.2% cost of capital: +22.4 points

Applied Materials, Inc.'s share price has risen faster than its earnings: +44.6% in a year, against +0.6% for earnings per share.

The main question: the share price moved +44.6% in a year while yearly earnings per share moved +0.6%. The difference came from the market paying a higher multiple.

The price has been moving sideways for 4 weeks, and the P/E is higher than 79% of its own last 4.5 years. Over the last four quarters, results have been improving, with profit +42.7% on a year earlier, and 120% of the last 3 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.

What is the Applied Materials share price today?

Applied Materials, Inc.'s share price was $332.73 at the close on 6 November 2026. It has been moving sideways for 4 weeks. That is 25.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between $224 and $627, and at that close it sat 27% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Applied Materials, Inc. is in stage 1. The phase helps read everything below.

Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 10 weeks running.

1Y

Nov 2026: $332.73, 25.3% below its 200-day average. The price has been moving sideways for 4 weeks.

  • Price $332.73
  • 50-day avg $444.84
  • 200-day avg $445.35
Nov 2026: $332.73, 25.3% below its 200-day average. The price has been moving sideways for 4 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025$233.10$198.24$175.59
7 Nov 2025$230.07$205.31$176.66
14 Nov 2025$226.01$212.28$177.92
21 Nov 2025$224.00$218.40$179.08
28 Nov 2025$252.25$223.67$180.32
5 Dec 2025$268.00$230.34$182.58
12 Dec 2025$259.21$236.04$185.12
19 Dec 2025$256.41$239.79$187.66
26 Dec 2025$261.90$243.12$189.86
2 Jan 2026$268.87$245.96$192.03
9 Jan 2026$301.18$252.33$195.46
16 Jan 2026$327.01$260.15$199.59
23 Jan 2026$322.38$267.05$203.30
30 Jan 2026$322.32$277.35$208.03
6 Feb 2026$322.51$286.07$212.41
13 Feb 2026$354.91$294.43$217.10
20 Feb 2026$375.38$302.42$221.42
27 Feb 2026$372.30$313.65$226.95
6 Mar 2026$324.74$323.18$231.44
13 Mar 2026$341.53$331.36$235.98
20 Mar 2026$357.06$338.64$240.81
27 Mar 2026$337.17$344.32$245.53
2 Apr 2026$348.47$345.87$248.89
10 Apr 2026$399.49$351.07$254.00
17 Apr 2026$396.94$358.35$259.28
24 Apr 2026$417.04$366.04$264.52
1 May 2026$389.08$369.45$269.34
8 May 2026$435.44$373.03$274.98
15 May 2026$436.62$380.81$281.21
22 May 2026$432.16$388.98$287.24
29 May 2026$450.06$397.25$292.55
5 Jun 2026$453.01$408.94$300.24
12 Jun 2026$567.25$427.21$309.24
18 Jun 2026$617.11$445.67$317.82
26 Jun 2026$626.84$468.21$329.35
2 Jul 2026$603.04$490.19$339.35
10 Jul 2026$602.50$508.16$349.23
17 Jul 2026$529.66$525.61$358.39
24 Jul 2026$536.25$537.49$366.66
31 Jul 2026$507.67$543.58$373.47
7 Aug 2026$539.14$553.11$381.16
14 Aug 2026$507.18$558.89$388.67
21 Aug 2026$492.32$560.71$395.51
28 Aug 2026$461.67$551.13$401.60
4 Sep 2026$454.71$533.72$407.06
11 Sep 2026$456.49$516.85$411.80
18 Sep 2026$444.57$501.12$416.26
25 Sep 2026$485.00$490.25$421.42
2 Oct 2026$540.04$487.10$427.65
9 Oct 2026$507.03$489.94$434.32
16 Oct 2026$409.29$482.21$439.03
23 Oct 2026$377.24$468.42$441.94
30 Oct 2026$390.09$457.66$444.51
6 Nov 2026$332.73$444.84$445.35
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: $332.73, 25.3% below its 200-day average. The price has been moving sideways for 4 weeks.

  • Price $332.73
  • 50-day avg $444.84
  • 200-day avg $445.35
Nov 2026: $332.73, 25.3% below its 200-day average. The price has been moving sideways for 4 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023$139.75$140.48$130.41
10 Nov 2023$150.68$140.01$131.18
17 Nov 2023$148.59$140.13$132.12
24 Nov 2023$150.34$140.57$132.76
1 Dec 2023$151.59$141.79$133.58
8 Dec 2023$147.72$142.89$134.43
15 Dec 2023$161.95$144.89$135.52
22 Dec 2023$162.05$146.77$136.58
29 Dec 2023$162.07$148.52$137.51
5 Jan 2024$149.00$149.85$138.08
12 Jan 2024$151.25$151.85$138.87
19 Jan 2024$167.94$153.48$139.62
26 Jan 2024$166.90$155.86$140.94
2 Feb 2024$168.18$157.24$142.30
9 Feb 2024$185.84$159.69$143.84
16 Feb 2024$199.57$163.57$145.73
23 Feb 2024$197.16$167.18$147.32
1 Mar 2024$210.25$171.53$149.49
8 Mar 2024$205.56$176.34$151.58
15 Mar 2024$198.65$180.56$153.37
22 Mar 2024$210.25$186.11$155.15
28 Mar 2024$206.23$190.49$156.56
5 Apr 2024$207.85$194.40$158.23
12 Apr 2024$207.86$198.62$159.99
19 Apr 2024$189.77$201.69$161.38
26 Apr 2024$203.38$203.04$162.79
3 May 2024$204.09$203.71$164.21
10 May 2024$209.73$204.45$165.96
17 May 2024$212.08$204.61$167.52
24 May 2024$220.89$206.28$169.32
31 May 2024$215.08$207.61$170.85
7 Jun 2024$221.73$208.59$172.74
14 Jun 2024$237.03$211.36$174.94
21 Jun 2024$235.41$213.95$176.71
28 Jun 2024$235.99$216.53$178.84
5 Jul 2024$242.59$220.48$180.82
12 Jul 2024$243.40$225.21$183.60
19 Jul 2024$210.26$227.75$185.87
26 Jul 2024$206.47$228.12$187.68
2 Aug 2024$181.81$226.31$189.09
9 Aug 2024$191.18$222.87$190.28
16 Aug 2024$207.90$221.55$192.07
23 Aug 2024$202.67$219.34$193.78
30 Aug 2024$197.26$214.74$195.01
6 Sep 2024$174.75$210.52$195.55
13 Sep 2024$188.47$204.99$196.35
20 Sep 2024$192.16$199.28$197.37
27 Sep 2024$204.92$195.88$198.68
4 Oct 2024$201.97$194.68$199.69
11 Oct 2024$205.06$194.63$200.73
18 Oct 2024$186.36$195.49$201.55
25 Oct 2024$186.52$193.93$202.40
1 Nov 2024$183.38$191.76$203.18
8 Nov 2024$192.03$190.99$203.64
15 Nov 2024$168.88$190.88$204.04
22 Nov 2024$174.88$189.84$204.08
29 Nov 2024$174.71$188.54$203.86
6 Dec 2024$173.02$186.59$203.49
13 Dec 2024$169.35$183.49$202.72
20 Dec 2024$163.59$179.85$201.62
27 Dec 2024$166.83$177.36$200.90
3 Jan 2025$170.06$175.83$200.20
10 Jan 2025$171.65$175.14$199.54
17 Jan 2025$192.05$174.72$198.87
24 Jan 2025$186.75$174.84$198.56
31 Jan 2025$180.35$174.28$197.76
7 Feb 2025$180.00$175.07$197.35
14 Feb 2025$169.20$175.55$196.88
21 Feb 2025$171.98$175.25$196.37
28 Feb 2025$158.07$174.60$195.26
7 Mar 2025$155.68$173.35$193.80
14 Mar 2025$155.66$171.70$192.07
21 Mar 2025$152.12$170.06$190.49
28 Mar 2025$145.06$167.67$188.72
4 Apr 2025$126.95$162.54$186.30
11 Apr 2025$144.94$158.61$183.83
17 Apr 2025$137.46$155.56$181.97
25 Apr 2025$151.55$151.73$179.44
2 May 2025$155.10$149.32$177.06
9 May 2025$155.61$148.20$175.48
16 May 2025$165.57$149.91$174.67
23 May 2025$157.51$151.11$173.95
30 May 2025$156.75$151.52$173.39
6 Jun 2025$166.74$152.45$172.28
13 Jun 2025$170.59$155.06$171.52
20 Jun 2025$169.46$158.43$171.09
27 Jun 2025$183.21$162.01$171.11
3 Jul 2025$191.05$165.98$171.17
11 Jul 2025$197.93$170.61$171.30
18 Jul 2025$190.44$174.85$171.15
25 Jul 2025$185.69$177.49$170.85
1 Aug 2025$179.99$179.13$170.41
8 Aug 2025$184.87$181.22$170.16
15 Aug 2025$161.75$183.53$170.12
22 Aug 2025$162.49$182.77$169.54
29 Aug 2025$160.76$181.72$168.91
5 Sep 2025$162.75$180.33$168.37
12 Sep 2025$167.80$178.39$168.22
19 Sep 2025$190.10$177.04$168.39
26 Sep 2025$203.92$177.53$168.96
3 Oct 2025$217.53$180.00$170.06
10 Oct 2025$209.95$182.99$171.32
17 Oct 2025$224.99$187.28$172.74
24 Oct 2025$228.75$191.20$174.14
31 Oct 2025$233.10$198.24$175.59
7 Nov 2025$230.07$205.31$176.66
14 Nov 2025$226.01$212.28$177.92
21 Nov 2025$224.00$218.40$179.08
28 Nov 2025$252.25$223.67$180.32
5 Dec 2025$268.00$230.34$182.58
12 Dec 2025$259.21$236.04$185.12
19 Dec 2025$256.41$239.79$187.66
26 Dec 2025$261.90$243.12$189.86
2 Jan 2026$268.87$245.96$192.03
9 Jan 2026$301.18$252.33$195.46
16 Jan 2026$327.01$260.15$199.59
23 Jan 2026$322.38$267.05$203.30
30 Jan 2026$322.32$277.35$208.03
6 Feb 2026$322.51$286.07$212.41
13 Feb 2026$354.91$294.43$217.10
20 Feb 2026$375.38$302.42$221.42
27 Feb 2026$372.30$313.65$226.95
6 Mar 2026$324.74$323.18$231.44
13 Mar 2026$341.53$331.36$235.98
20 Mar 2026$357.06$338.64$240.81
27 Mar 2026$337.17$344.32$245.53
2 Apr 2026$348.47$345.87$248.89
10 Apr 2026$399.49$351.07$254.00
17 Apr 2026$396.94$358.35$259.28
24 Apr 2026$417.04$366.04$264.52
1 May 2026$389.08$369.45$269.34
8 May 2026$435.44$373.03$274.98
15 May 2026$436.62$380.81$281.21
22 May 2026$432.16$388.98$287.24
29 May 2026$450.06$397.25$292.55
5 Jun 2026$453.01$408.94$300.24
12 Jun 2026$567.25$427.21$309.24
18 Jun 2026$617.11$445.67$317.82
26 Jun 2026$626.84$468.21$329.35
2 Jul 2026$603.04$490.19$339.35
10 Jul 2026$602.50$508.16$349.23
17 Jul 2026$529.66$525.61$358.39
24 Jul 2026$536.25$537.49$366.66
31 Jul 2026$507.67$543.58$373.47
7 Aug 2026$539.14$553.11$381.16
14 Aug 2026$507.18$558.89$388.67
21 Aug 2026$492.32$560.71$395.51
28 Aug 2026$461.67$551.13$401.60
4 Sep 2026$454.71$533.72$407.06
11 Sep 2026$456.49$516.85$411.80
18 Sep 2026$444.57$501.12$416.26
25 Sep 2026$485.00$490.25$421.42
2 Oct 2026$540.04$487.10$427.65
9 Oct 2026$507.03$489.94$434.32
16 Oct 2026$409.29$482.21$439.03
23 Oct 2026$377.24$468.42$441.94
30 Oct 2026$390.09$457.66$444.51
6 Nov 2026$332.73$444.84$445.35
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: $332.73, 25.3% below its 200-day average. The price has been moving sideways for 4 weeks.

  • Price $332.73
  • 50-day avg $444.84
  • 200-day avg $445.35
Nov 2026: $332.73, 25.3% below its 200-day average. The price has been moving sideways for 4 weeks.
WeekPrice50-day avg200-day avg
5 Nov 2021$153.29$135.27$129.78
19 Nov 2021$150.03$139.18$132.43
3 Dec 2021$145.83$140.69$134.02
17 Dec 2021$146.15$144.63$135.74
31 Dec 2021$157.36$149.21$137.60
14 Jan 2022$167.00$153.20$139.19
28 Jan 2022$132.45$150.24$139.19
11 Feb 2022$132.49$147.79$139.40
25 Feb 2022$135.72$144.90$139.69
11 Mar 2022$123.64$139.70$139.64
25 Mar 2022$137.06$134.96$139.36
8 Apr 2022$119.96$132.06$138.99
22 Apr 2022$112.80$128.02$137.98
6 May 2022$112.50$123.67$136.92
20 May 2022$106.46$119.78$135.40
3 Jun 2022$114.96$116.91$134.49
17 Jun 2022$89.83$110.95$132.97
1 Jul 2022$86.27$106.72$131.01
15 Jul 2022$94.47$102.61$128.79
29 Jul 2022$105.98$100.73$127.48
12 Aug 2022$110.38$99.72$126.18
26 Aug 2022$98.80$99.13$124.20
9 Sep 2022$96.51$99.07$121.47
23 Sep 2022$84.29$99.06$118.47
7 Oct 2022$82.60$96.12$115.25
21 Oct 2022$82.42$90.29$111.22
4 Nov 2022$91.70$86.77$107.99
18 Nov 2022$104.70$88.65$106.36
2 Dec 2022$106.71$91.66$104.94
16 Dec 2022$104.73$95.99$103.68
30 Dec 2022$97.38$99.94$102.54
13 Jan 2023$109.97$103.28$101.14
27 Jan 2023$112.50$105.85$100.54
10 Feb 2023$114.77$108.08$100.64
24 Feb 2023$111.31$109.39$100.75
10 Mar 2023$114.39$112.06$101.11
24 Mar 2023$119.53$115.94$101.41
6 Apr 2023$114.45$117.50$102.35
21 Apr 2023$113.46$116.87$103.43
5 May 2023$116.06$116.38$104.42
19 May 2023$126.95$117.11$105.22
2 Jun 2023$134.63$119.12$106.28
16 Jun 2023$138.93$122.62$108.07
30 Jun 2023$144.54$127.60$110.24
14 Jul 2023$142.74$132.76$112.66
28 Jul 2023$151.93$137.91$115.49
11 Aug 2023$138.83$141.51$118.95
25 Aug 2023$144.36$142.80$121.66
8 Sep 2023$147.53$144.72$123.74
22 Sep 2023$136.17$144.49$125.46
6 Oct 2023$140.29$143.87$126.99
20 Oct 2023$134.12$142.24$129.08
3 Nov 2023$139.75$140.48$130.41
17 Nov 2023$148.59$140.13$132.12
1 Dec 2023$151.59$141.79$133.58
15 Dec 2023$161.95$144.89$135.52
29 Dec 2023$162.07$148.52$137.51
12 Jan 2024$151.25$151.85$138.87
26 Jan 2024$166.90$155.86$140.94
9 Feb 2024$185.84$159.69$143.84
23 Feb 2024$197.16$167.18$147.32
8 Mar 2024$205.56$176.34$151.58
22 Mar 2024$210.25$186.11$155.15
5 Apr 2024$207.85$194.40$158.23
19 Apr 2024$189.77$201.69$161.38
3 May 2024$204.09$203.71$164.21
17 May 2024$212.08$204.61$167.52
31 May 2024$215.08$207.61$170.85
14 Jun 2024$237.03$211.36$174.94
28 Jun 2024$235.99$216.53$178.84
12 Jul 2024$243.40$225.21$183.60
26 Jul 2024$206.47$228.12$187.68
9 Aug 2024$191.18$222.87$190.28
23 Aug 2024$202.67$219.34$193.78
6 Sep 2024$174.75$210.52$195.55
20 Sep 2024$192.16$199.28$197.37
4 Oct 2024$201.97$194.68$199.69
18 Oct 2024$186.36$195.49$201.55
1 Nov 2024$183.38$191.76$203.18
15 Nov 2024$168.88$190.88$204.04
29 Nov 2024$174.71$188.54$203.86
13 Dec 2024$169.35$183.49$202.72
27 Dec 2024$166.83$177.36$200.90
10 Jan 2025$171.65$175.14$199.54
24 Jan 2025$186.75$174.84$198.56
7 Feb 2025$180.00$175.07$197.35
21 Feb 2025$171.98$175.25$196.37
7 Mar 2025$155.68$173.35$193.80
21 Mar 2025$152.12$170.06$190.49
4 Apr 2025$126.95$162.54$186.30
17 Apr 2025$137.46$155.56$181.97
2 May 2025$155.10$149.32$177.06
16 May 2025$165.57$149.91$174.67
30 May 2025$156.75$151.52$173.39
13 Jun 2025$170.59$155.06$171.52
27 Jun 2025$183.21$162.01$171.11
11 Jul 2025$197.93$170.61$171.30
25 Jul 2025$185.69$177.49$170.85
8 Aug 2025$184.87$181.22$170.16
22 Aug 2025$162.49$182.77$169.54
5 Sep 2025$162.75$180.33$168.37
19 Sep 2025$190.10$177.04$168.39
3 Oct 2025$217.53$180.00$170.06
17 Oct 2025$224.99$187.28$172.74
31 Oct 2025$233.10$198.24$175.59
14 Nov 2025$226.01$212.28$177.92
28 Nov 2025$252.25$223.67$180.32
12 Dec 2025$259.21$236.04$185.12
26 Dec 2025$261.90$243.12$189.86
9 Jan 2026$301.18$252.33$195.46
23 Jan 2026$322.38$267.05$203.30
6 Feb 2026$322.51$286.07$212.41
20 Feb 2026$375.38$302.42$221.42
6 Mar 2026$324.74$323.18$231.44
20 Mar 2026$357.06$338.64$240.81
2 Apr 2026$348.47$345.87$248.89
17 Apr 2026$396.94$358.35$259.28
1 May 2026$389.08$369.45$269.34
15 May 2026$436.62$380.81$281.21
29 May 2026$450.06$397.25$292.55
12 Jun 2026$567.25$427.21$309.24
26 Jun 2026$626.84$468.21$329.35
10 Jul 2026$602.50$508.16$349.23
24 Jul 2026$536.25$537.49$366.66
7 Aug 2026$539.14$553.11$381.16
21 Aug 2026$492.32$560.71$395.51
4 Sep 2026$454.71$533.72$407.06
18 Sep 2026$444.57$501.12$416.26
2 Oct 2026$540.04$487.10$427.65
16 Oct 2026$409.29$482.21$439.03
30 Oct 2026$390.09$457.66$444.51
6 Nov 2026$332.73$444.84$445.35
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: $332.73, 25.3% below its 200-day average. The price has been moving sideways for 4 weeks.

  • Price $332.73
  • 50-day avg $444.84
  • 200-day avg $445.35
Nov 2026: $332.73, 25.3% below its 200-day average. The price has been moving sideways for 4 weeks.
WeekPrice50-day avg200-day avg
4 Nov 2016$28.22$29.34–
25 Nov 2016$31.88$29.43–
16 Dec 2016$32.51$30.06–
6 Jan 2017$32.04$31.09–
27 Jan 2017$35.04$32.47–
17 Feb 2017$35.67$33.65–
10 Mar 2017$38.12$34.83–
31 Mar 2017$38.90$36.62–
21 Apr 2017$39.79$37.74$31.99
12 May 2017$43.44$39.47$33.17
2 Jun 2017$46.80$41.36$34.45
23 Jun 2017$44.09$43.16$35.59
14 Jul 2017$46.12$44.05$36.53
4 Aug 2017$42.82$44.68$37.75
25 Aug 2017$43.31$44.10$38.87
15 Sep 2017$47.14$44.82$39.91
6 Oct 2017$52.40$45.85$41.21
27 Oct 2017$56.69$49.24$42.87
17 Nov 2017$56.49$52.85$44.53
8 Dec 2017$51.43$54.78$45.83
29 Dec 2017$51.12$54.45$46.84
19 Jan 2018$57.40$54.13$47.87
9 Feb 2018$48.08$52.87$48.91
2 Mar 2018$58.03$53.93$49.82
23 Mar 2018$55.38$55.84$50.87
13 Apr 2018$56.07$55.59$51.64
4 May 2018$52.56$55.59$52.20
25 May 2018$50.85$53.70$52.79
15 Jun 2018$49.31$52.20$53.32
6 Jul 2018$46.13$50.34$53.38
27 Jul 2018$48.30$48.54$53.12
17 Aug 2018$43.77$47.58$52.59
7 Sep 2018$39.85$45.87$51.62
28 Sep 2018$38.65$43.71$50.52
19 Oct 2018$34.29$40.02$49.28
9 Nov 2018$34.28$36.65$47.62
30 Nov 2018$37.28$35.33$46.52
21 Dec 2018$30.31$34.11$44.84
11 Jan 2019$34.78$33.97$43.12
1 Feb 2019$39.31$34.62$41.84
22 Feb 2019$39.43$35.75$41.06
15 Mar 2019$40.39$37.71$40.02
5 Apr 2019$43.04$39.58$39.24
26 Apr 2019$44.66$40.67$39.03
17 May 2019$42.70$41.62$38.68
7 Jun 2019$41.51$41.80$38.13
28 Jun 2019$44.91$41.98$38.17
19 Jul 2019$47.81$42.51$38.64
9 Aug 2019$47.15$45.10$39.66
30 Aug 2019$48.02$46.68$40.64
20 Sep 2019$50.96$48.53$41.70
11 Oct 2019$51.75$49.01$43.04
1 Nov 2019$55.46$51.01$44.55
22 Nov 2019$55.94$53.68$45.99
13 Dec 2019$59.87$55.54$47.26
3 Jan 2020$61.21$58.03$48.69
24 Jan 2020$62.00$59.97$50.19
14 Feb 2020$66.85$61.25$51.60
6 Mar 2020$57.79$61.81$52.95
27 Mar 2020$45.05$57.05$53.33
17 Apr 2020$53.20$53.28$53.69
8 May 2020$53.81$49.41$53.98
29 May 2020$56.18$49.96$54.41
19 Jun 2020$60.95$54.09$55.28
10 Jul 2020$62.59$56.85$55.98
31 Jul 2020$64.33$60.14$56.89
21 Aug 2020$62.27$62.58$57.72
11 Sep 2020$55.00$62.89$57.91
2 Oct 2020$58.21$61.42$57.91
23 Oct 2020$60.95$60.94$58.00
13 Nov 2020$72.81$61.27$58.27
4 Dec 2020$88.84$68.03$59.42
24 Dec 2020$85.33$75.36$61.56
15 Jan 2021$103.14$84.42$65.01
5 Feb 2021$100.71$93.04$68.81
26 Feb 2021$118.19$100.95$73.25
19 Mar 2021$114.86$109.38$77.74
9 Apr 2021$138.91$117.26$82.76
30 Apr 2021$132.71$125.47$88.22
21 May 2021$128.66$128.69$92.92
11 Jun 2021$136.82$133.37$97.98
2 Jul 2021$138.16$133.78$103.83
23 Jul 2021$138.43$134.80$109.16
13 Aug 2021$129.90$136.83$114.85
3 Sep 2021$135.83$135.58$119.74
24 Sep 2021$141.92$135.99$123.62
15 Oct 2021$131.59$133.64$126.83
5 Nov 2021$153.29$135.27$129.78
26 Nov 2021$143.29$139.66$133.22
17 Dec 2021$146.15$144.63$135.74
7 Jan 2022$150.81$151.41$138.54
28 Jan 2022$132.45$150.24$139.19
18 Feb 2022$133.35$146.36$139.53
11 Mar 2022$123.64$139.70$139.64
1 Apr 2022$127.41$133.26$139.28
22 Apr 2022$112.80$128.02$137.98
13 May 2022$111.86$121.11$136.16
3 Jun 2022$114.96$116.91$134.49
24 Jun 2022$97.36$109.08$132.17
15 Jul 2022$94.47$102.61$128.79
5 Aug 2022$109.62$100.65$126.89
26 Aug 2022$98.80$99.13$124.20
16 Sep 2022$88.87$99.36$120.04
7 Oct 2022$82.60$96.12$115.25
28 Oct 2022$89.72$88.17$109.56
18 Nov 2022$104.70$88.65$106.36
9 Dec 2022$107.34$93.89$104.30
30 Dec 2022$97.38$99.94$102.54
20 Jan 2023$109.65$104.76$100.69
10 Feb 2023$114.77$108.08$100.64
3 Mar 2023$118.96$110.35$100.96
24 Mar 2023$119.53$115.94$101.41
14 Apr 2023$112.90$117.61$102.83
5 May 2023$116.06$116.38$104.42
26 May 2023$136.06$118.05$105.75
16 Jun 2023$138.93$122.62$108.07
7 Jul 2023$139.57$129.91$111.28
28 Jul 2023$151.93$137.91$115.49
18 Aug 2023$142.66$142.08$120.25
8 Sep 2023$147.53$144.72$123.74
29 Sep 2023$138.45$143.97$126.19
20 Oct 2023$134.12$142.24$129.08
10 Nov 2023$150.68$140.01$131.18
1 Dec 2023$151.59$141.79$133.58
22 Dec 2023$162.05$146.77$136.58
12 Jan 2024$151.25$151.85$138.87
2 Feb 2024$168.18$157.24$142.30
23 Feb 2024$197.16$167.18$147.32
15 Mar 2024$198.65$180.56$153.37
5 Apr 2024$207.85$194.40$158.23
26 Apr 2024$203.38$203.04$162.79
17 May 2024$212.08$204.61$167.52
7 Jun 2024$221.73$208.59$172.74
28 Jun 2024$235.99$216.53$178.84
19 Jul 2024$210.26$227.75$185.87
9 Aug 2024$191.18$222.87$190.28
30 Aug 2024$197.26$214.74$195.01
20 Sep 2024$192.16$199.28$197.37
11 Oct 2024$205.06$194.63$200.73
1 Nov 2024$183.38$191.76$203.18
22 Nov 2024$174.88$189.84$204.08
13 Dec 2024$169.35$183.49$202.72
3 Jan 2025$170.06$175.83$200.20
24 Jan 2025$186.75$174.84$198.56
14 Feb 2025$169.20$175.55$196.88
7 Mar 2025$155.68$173.35$193.80
28 Mar 2025$145.06$167.67$188.72
17 Apr 2025$137.46$155.56$181.97
9 May 2025$155.61$148.20$175.48
30 May 2025$156.75$151.52$173.39
20 Jun 2025$169.46$158.43$171.09
11 Jul 2025$197.93$170.61$171.30
1 Aug 2025$179.99$179.13$170.41
22 Aug 2025$162.49$182.77$169.54
12 Sep 2025$167.80$178.39$168.22
3 Oct 2025$217.53$180.00$170.06
24 Oct 2025$228.75$191.20$174.14
14 Nov 2025$226.01$212.28$177.92
5 Dec 2025$268.00$230.34$182.58
26 Dec 2025$261.90$243.12$189.86
16 Jan 2026$327.01$260.15$199.59
6 Feb 2026$322.51$286.07$212.41
27 Feb 2026$372.30$313.65$226.95
20 Mar 2026$357.06$338.64$240.81
10 Apr 2026$399.49$351.07$254.00
1 May 2026$389.08$369.45$269.34
22 May 2026$432.16$388.98$287.24
12 Jun 2026$567.25$427.21$309.24
2 Jul 2026$603.04$490.19$339.35
24 Jul 2026$536.25$537.49$366.66
14 Aug 2026$507.18$558.89$388.67
4 Sep 2026$454.71$533.72$407.06
25 Sep 2026$485.00$490.25$421.42
16 Oct 2026$409.29$482.21$439.03
6 Nov 2026$332.73$444.84$445.35
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Sideways from Oct 2025 to Nov 2025; Rising from Nov 2025 to Oct 2026; Sideways from Oct 2026 to Nov 2026.

Price stage: Rising from Nov 2023 to Aug 2024; Sideways in Sep 2024; Rising from Sep 2024 to Oct 2024; Sideways from Oct 2024 to Mar 2025; Falling from Mar 2025 to Jun 2025; Sideways from Jun 2025 to Aug 2025; Falling from Aug 2025 to Sep 2025; Sideways from Sep 2025 to Nov 2025; Rising from Nov 2025 to Oct 2026; Sideways from Oct 2026 to Nov 2026.

Price stage: Rising from Nov 2021 to Jan 2022; Sideways from Jan 2022 to Jun 2022; Falling from Jul 2022 to Dec 2022; Sideways from Jan 2023 to Jun 2023; Rising from Jun 2023 to Oct 2024; Sideways from Oct 2024 to Mar 2025; Falling from Mar 2025 to Jun 2025; Sideways from Jun 2025 to Nov 2025; Rising from Nov 2025 to Oct 2026; Sideways from Oct 2026 to Nov 2026.

Price stage: Rising from Nov 2017 to May 2018; Sideways from May 2018 to Sep 2018; Falling from Oct 2018 to Feb 2019; Sideways from Mar 2019 to Aug 2019; Rising from Sep 2019 to Mar 2020; Sideways from Mar 2020 to May 2020; Rising from May 2020 to Jan 2022; Sideways from Jan 2022 to Jun 2022; Falling from Jul 2022 to Dec 2022; Sideways from Jan 2023 to May 2023; Rising from Jun 2023 to Oct 2024; Sideways from Nov 2024 to Mar 2025; Falling from Mar 2025 to Sep 2025; Sideways from Oct 2025 to Nov 2025; Rising from Dec 2025 to Nov 2026.

Week by week since 2016: did it beat the S&P 500 over the past 13 weeks?

Ahead in 320 of 527 weeks

Week by week since 2016: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
8 Jul 2016no S&P 500 reading
15 Jul 2016no S&P 500 reading
22 Jul 2016no S&P 500 reading
29 Jul 2016no S&P 500 reading
5 Aug 2016no S&P 500 reading
12 Aug 2016no S&P 500 reading
19 Aug 2016no S&P 500 reading
26 Aug 2016no S&P 500 reading
2 Sep 2016no S&P 500 reading
9 Sep 2016no S&P 500 reading
16 Sep 2016no S&P 500 reading
23 Sep 2016no S&P 500 reading
30 Sep 2016no S&P 500 reading
7 Oct 2016+18.2%
14 Oct 2016+7.8%
21 Oct 2016+9.3%
28 Oct 2016+11.1%
4 Nov 2016+9.7%
11 Nov 2016+7.0%
18 Nov 2016+3.7%
25 Nov 2016+4.4%
2 Dec 2016+4.1%
9 Dec 2016+5.9%
16 Dec 2016+2.7%
23 Dec 2016+6.4%
30 Dec 2016+3.7%
6 Jan 2017+2.0%
13 Jan 2017+13.8%
20 Jan 2017+13.1%
27 Jan 2017+14.5%
3 Feb 2017+15.2%
10 Feb 2017+15.6%
17 Feb 2017+8.4%
24 Feb 2017+7.0%
3 Mar 2017+8.7%
10 Mar 2017+12.9%
17 Mar 2017+15.5%
24 Mar 2017+14.8%
31 Mar 2017+15.1%
7 Apr 2017+18.0%
13 Apr 2017+8.6%
21 Apr 2017+14.1%
28 Apr 2017+11.9%
5 May 2017+13.9%
12 May 2017+19.8%
19 May 2017+22.2%
26 May 2017+23.2%
2 Jun 2017+24.5%
9 Jun 2017+15.0%
16 Jun 2017+7.4%
23 Jun 2017+9.2%
30 Jun 2017+3.6%
7 Jul 2017+8.9%
14 Jul 2017+17.3%
21 Jul 2017+12.4%
28 Jul 2017+7.7%
4 Aug 2017−0.8%
11 Aug 2017−3.0%
18 Aug 2017−1.3%
25 Aug 2017−6.0%
1 Sep 2017−5.1%
8 Sep 2017−2.2%
15 Sep 2017+6.6%
22 Sep 2017+5.8%
29 Sep 2017+22.2%
6 Oct 2017+15.3%
13 Oct 2017+13.1%
20 Oct 2017+15.7%
27 Oct 2017+20.9%
3 Nov 2017+27.6%
10 Nov 2017+25.1%
17 Nov 2017+21.3%
24 Nov 2017+27.2%
1 Dec 2017+8.4%
8 Dec 2017+8.3%
15 Dec 2017+4.5%
22 Dec 2017+1.7%
29 Dec 2017−8.1%
5 Jan 2018−3.3%
12 Jan 2018−9.9%
19 Jan 2018−6.7%
26 Jan 2018−10.4%
2 Feb 2018−17.0%
9 Feb 2018−16.0%
16 Feb 2018−8.5%
23 Feb 2018−7.1%
2 Mar 2018+10.0%
9 Mar 2018+14.8%
16 Mar 2018+10.2%
23 Mar 2018+9.9%
29 Mar 2018+10.2%
6 Apr 2018+0.9%
13 Apr 2018+9.5%
20 Apr 2018−6.1%
27 Apr 2018−6.5%
4 May 2018+7.1%
11 May 2018+9.7%
18 May 2018−9.4%
25 May 2018−9.9%
1 Jun 2018−11.7%
8 Jun 2018−16.7%
15 Jun 2018−18.1%
22 Jun 2018−19.9%
29 Jun 2018−20.0%
6 Jul 2018−17.9%
13 Jul 2018−23.2%
20 Jul 2018−13.4%
27 Jul 2018−7.8%
3 Aug 2018−13.7%
10 Aug 2018−16.0%
17 Aug 2018−16.7%
24 Aug 2018−21.6%
31 Aug 2018−23.8%
7 Sep 2018−25.5%
14 Sep 2018−25.7%
21 Sep 2018−23.6%
28 Sep 2018−23.5%
5 Oct 2018−23.8%
12 Oct 2018−25.7%
19 Oct 2018−25.4%
26 Oct 2018−27.3%
2 Nov 2018−23.7%
9 Nov 2018−26.9%
16 Nov 2018−15.1%
23 Nov 2018−9.5%
30 Nov 2018−8.3%
7 Dec 2018−7.2%
14 Dec 2018−6.0%
21 Dec 2018−6.0%
28 Dec 2018−1.4%
4 Jan 2019+2.8%
11 Jan 2019+9.4%
18 Jan 2019+7.7%
25 Jan 2019+20.9%
1 Feb 2019+12.1%
8 Feb 2019+18.7%
15 Feb 2019+9.1%
22 Feb 2019+6.5%
1 Mar 2019+1.7%
8 Mar 2019+8.1%
15 Mar 2019+15.7%
22 Mar 2019+15.5%
29 Mar 2019+8.5%
5 Apr 2019+13.4%
12 Apr 2019+11.6%
18 Apr 2019+14.2%
26 Apr 2019+3.6%
3 May 2019+3.0%
10 May 2019−4.0%
17 May 2019+6.2%
24 May 2019−1.1%
31 May 2019+2.2%
7 Jun 2019+5.2%
14 Jun 2019−0.7%
21 Jun 2019+2.5%
28 Jun 2019+9.5%
5 Jul 2019−1.2%
12 Jul 2019+4.6%
19 Jul 2019+6.3%
26 Jul 2019+10.7%
2 Aug 2019+8.6%
9 Aug 2019+14.3%
16 Aug 2019+8.2%
23 Aug 2019+13.5%
30 Aug 2019+17.9%
6 Sep 2019+17.1%
13 Sep 2019+20.5%
20 Sep 2019+17.2%
27 Sep 2019+9.2%
4 Oct 2019+17.1%
11 Oct 2019+12.7%
18 Oct 2019+7.8%
25 Oct 2019+10.0%
1 Nov 2019+12.0%
8 Nov 2019+12.9%
15 Nov 2019+25.1%
22 Nov 2019+14.8%
29 Nov 2019+13.1%
6 Dec 2019+7.3%
13 Dec 2019+11.2%
20 Dec 2019+13.8%
27 Dec 2019+14.5%
3 Jan 2020+10.8%
10 Jan 2020+8.8%
17 Jan 2020+10.2%
24 Jan 2020+2.3%
31 Jan 2020−0.5%
7 Feb 2020+2.6%
14 Feb 2020−0.6%
21 Feb 2020+7.6%
28 Feb 2020+6.1%
6 Mar 2020+7.6%
13 Mar 2020+0.1%
20 Mar 2020−9.9%
27 Mar 2020−4.8%
3 Apr 2020−7.9%
9 Apr 2020−4.7%
17 Apr 2020−1.7%
24 Apr 2020−2.6%
1 May 2020−7.0%
8 May 2020−0.8%
15 May 2020−7.0%
22 May 2020−4.0%
29 May 2020−6.1%
5 Jun 2020−3.2%
12 Jun 2020−1.8%
19 Jun 2020+25.5%
26 Jun 2020+11.2%
2 Jul 2020+18.5%
10 Jul 2020+12.1%
17 Jul 2020+4.9%
24 Jul 2020+3.8%
31 Jul 2020+21.7%
7 Aug 2020+3.7%
14 Aug 2020+12.3%
21 Aug 2020−0.4%
28 Aug 2020−2.9%
4 Sep 2020−6.0%
11 Sep 2020−12.6%
18 Sep 2020−15.0%
25 Sep 2020−9.8%
2 Oct 2020−11.5%
9 Oct 2020−8.1%
16 Oct 2020−6.8%
23 Oct 2020−7.2%
30 Oct 2020−7.9%
6 Nov 2020+6.3%
13 Nov 2020+1.4%
20 Nov 2020+18.5%
27 Nov 2020+27.3%
4 Dec 2020+37.8%
11 Dec 2020+50.9%
18 Dec 2020+41.7%
24 Dec 2020+34.3%
31 Dec 2020+36.3%
8 Jan 2021+41.1%
15 Jan 2021+55.5%
22 Jan 2021+63.7%
29 Jan 2021+49.9%
5 Feb 2021+32.1%
12 Feb 2021+50.6%
19 Feb 2021+45.9%
26 Feb 2021+38.4%
5 Mar 2021+24.0%
12 Mar 2021+21.9%
19 Mar 2021+27.9%
26 Mar 2021+43.4%
1 Apr 2021+56.8%
9 Apr 2021+37.4%
16 Apr 2021+18.6%
23 Apr 2021+18.0%
30 Apr 2021+24.5%
7 May 2021+23.1%
14 May 2021+0.9%
21 May 2021+1.3%
28 May 2021+6.4%
4 Jun 2021+13.1%
11 Jun 2021+12.0%
18 Jun 2021+7.7%
25 Jun 2021−1.9%
2 Jul 2021−10.6%
9 Jul 2021−8.7%
16 Jul 2021−7.5%
23 Jul 2021−2.9%
30 Jul 2021+0.4%
6 Aug 2021+2.5%
13 Aug 2021−3.0%
20 Aug 2021−8.0%
27 Aug 2021−8.3%
3 Sep 2021−10.1%
10 Sep 2021−5.0%
17 Sep 2021+0.9%
24 Sep 2021+0.2%
1 Oct 2021−6.7%
8 Oct 2021−7.0%
15 Oct 2021−0.7%
22 Oct 2021−4.8%
29 Oct 2021−7.1%
5 Nov 2021+1.6%
12 Nov 2021+15.9%
19 Nov 2021+12.2%
26 Nov 2021+3.0%
3 Dec 2021+7.3%
10 Dec 2021+5.9%
17 Dec 2021−0.4%
23 Dec 2021+3.5%
31 Dec 2021+12.5%
7 Jan 2022+13.0%
14 Jan 2022+22.7%
21 Jan 2022+2.7%
28 Jan 2022+0.7%
4 Feb 2022−7.3%
11 Feb 2022−9.8%
18 Feb 2022−3.7%
25 Feb 2022−0.7%
4 Mar 2022−9.1%
11 Mar 2022−8.3%
18 Mar 2022−4.2%
25 Mar 2022−8.0%
1 Apr 2022−14.4%
8 Apr 2022−16.5%
14 Apr 2022−26.3%
22 Apr 2022−13.8%
29 Apr 2022−9.9%
6 May 2022−8.7%
13 May 2022−6.8%
20 May 2022−9.9%
27 May 2022−6.8%
3 Jun 2022−3.6%
10 Jun 2022−10.4%
17 Jun 2022−15.8%
24 Jun 2022−15.1%
1 Jul 2022−16.5%
8 Jul 2022−10.8%
15 Jul 2022−4.6%
22 Jul 2022−2.6%
29 Jul 2022−4.0%
5 Aug 2022−3.1%
12 Aug 2022−7.6%
19 Aug 2022−10.1%
26 Aug 2022−14.9%
2 Sep 2022−16.2%
9 Sep 2022−9.6%
16 Sep 2022−6.5%
23 Sep 2022−7.8%
30 Sep 2022+1.3%
7 Oct 2022−2.8%
14 Oct 2022−13.7%
21 Oct 2022−13.7%
28 Oct 2022−9.8%
4 Nov 2022−7.4%
11 Nov 2022+6.8%
18 Nov 2022+6.3%
25 Nov 2022+7.8%
2 Dec 2022+13.2%
9 Dec 2022+14.5%
16 Dec 2022+18.4%
23 Dec 2022+11.3%
30 Dec 2022+11.8%
6 Jan 2023+19.3%
13 Jan 2023+35.6%
20 Jan 2023+27.3%
27 Jan 2023+21.1%
3 Feb 2023+21.3%
10 Feb 2023+1.4%
17 Feb 2023+7.4%
24 Feb 2023+6.7%
3 Mar 2023+12.1%
10 Mar 2023+8.4%
17 Mar 2023+15.3%
24 Mar 2023+19.6%
31 Mar 2023+19.1%
6 Apr 2023+4.3%
14 Apr 2023−0.8%
21 Apr 2023−0.6%
28 Apr 2023−2.1%
5 May 2023−3.3%
12 May 2023+0.3%
19 May 2023+7.2%
26 May 2023+16.3%
2 Jun 2023+7.3%
9 Jun 2023+7.6%
16 Jun 2023+0.6%
23 Jun 2023+4.4%
30 Jun 2023+9.4%
7 Jul 2023+14.8%
14 Jul 2023+17.5%
21 Jul 2023+10.5%
28 Jul 2023+24.6%
4 Aug 2023+17.2%
11 Aug 2023+11.3%
18 Aug 2023+8.1%
25 Aug 2023+1.4%
1 Sep 2023+8.9%
8 Sep 2023+4.7%
15 Sep 2023−1.4%
22 Sep 2023+0.7%
29 Sep 2023−0.6%
6 Oct 2023+2.6%
13 Oct 2023+2.8%
20 Oct 2023+5.2%
27 Oct 2023−3.5%
3 Nov 2023−1.3%
10 Nov 2023+9.7%
17 Nov 2023+0.9%
24 Nov 2023+0.7%
1 Dec 2023−3.3%
8 Dec 2023−3.2%
15 Dec 2023+11.3%
22 Dec 2023+9.0%
29 Dec 2023+5.9%
5 Jan 2024−2.7%
12 Jan 2024−3.3%
19 Jan 2024+10.7%
26 Jan 2024+8.4%
2 Feb 2024+6.6%
9 Feb 2024+9.6%
16 Feb 2024+23.5%
23 Feb 2024+19.6%
1 Mar 2024+27.0%
8 Mar 2024+28.0%
15 Mar 2024+14.0%
22 Mar 2024+19.7%
28 Mar 2024+17.2%
5 Apr 2024+28.7%
12 Apr 2024+30.3%
19 Apr 2024+10.4%
26 Apr 2024+17.6%
3 May 2024+17.9%
10 May 2024+8.9%
17 May 2024+0.3%
24 May 2024+7.8%
31 May 2024−0.5%
7 Jun 2024+3.5%
14 Jun 2024+12.9%
21 Jun 2024+7.5%
28 Jun 2024+10.4%
5 Jul 2024+9.7%
12 Jul 2024+7.5%
19 Jul 2024−0.1%
26 Jul 2024−5.6%
2 Aug 2024−15.1%
9 Aug 2024−11.2%
16 Aug 2024−6.7%
23 Aug 2024−14.4%
30 Aug 2024−15.2%
6 Sep 2024−22.4%
13 Sep 2024−24.0%
20 Sep 2024−22.7%
27 Sep 2024−18.2%
4 Oct 2024−20.1%
11 Oct 2024−19.3%
18 Oct 2024−17.9%
25 Oct 2024−16.0%
1 Nov 2024−6.3%
8 Nov 2024−11.8%
15 Nov 2024−24.4%
22 Nov 2024−19.7%
29 Nov 2024−18.3%
6 Dec 2024−13.5%
13 Dec 2024−17.7%
20 Dec 2024−18.9%
27 Dec 2024−22.7%
3 Jan 2025−19.1%
10 Jan 2025−16.4%
17 Jan 2025+0.8%
24 Jan 2025−4.9%
31 Jan 2025−7.0%
7 Feb 2025−6.7%
14 Feb 2025−3.9%
21 Feb 2025−2.4%
28 Feb 2025−8.1%
7 Mar 2025−4.8%
14 Mar 2025−1.2%
21 Mar 2025−2.4%
28 Mar 2025−6.4%
4 Apr 2025−10.7%
11 Apr 2025−7.5%
17 Apr 2025−16.5%
25 Apr 2025−9.4%
2 May 2025−8.2%
9 May 2025−7.5%
16 May 2025+0.4%
23 May 2025−4.9%
30 May 2025+0.0%
6 Jun 2025+3.1%
13 Jun 2025+3.5%
20 Jun 2025+6.0%
27 Jun 2025+15.6%
3 Jul 2025+26.7%
11 Jul 2025+19.8%
18 Jul 2025+19.3%
25 Jul 2025+6.8%
1 Aug 2025+6.4%
8 Aug 2025+5.9%
15 Aug 2025−10.6%
22 Aug 2025−8.3%
29 Aug 2025−6.9%
5 Sep 2025−10.4%
12 Sep 2025−11.8%
19 Sep 2025+0.5%
26 Sep 2025+3.7%
3 Oct 2025+6.8%
10 Oct 2025+1.4%
17 Oct 2025+12.3%
24 Oct 2025+16.9%
31 Oct 2025+19.8%
7 Nov 2025+19.1%
14 Nov 2025+35.3%
21 Nov 2025+35.7%
28 Nov 2025+51.0%
5 Dec 2025+58.7%
12 Dec 2025+50.8%
19 Dec 2025+32.3%
26 Dec 2025+24.1%
2 Jan 2026+21.5%
9 Jan 2026+37.2%
16 Jan 2026+41.2%
23 Jan 2026+39.2%
30 Jan 2026+36.8%
6 Feb 2026+37.3%
13 Feb 2026+55.6%
20 Feb 2026+63.0%
27 Feb 2026+47.2%
6 Mar 2026+23.1%
13 Mar 2026+34.6%
20 Mar 2026+44.0%
27 Mar 2026+36.9%
2 Apr 2026+33.6%
10 Apr 2026+34.7%
17 Apr 2026+18.7%
24 Apr 2026+25.8%
1 May 2026+16.6%
8 May 2026+28.2%
15 May 2026+14.6%
22 May 2026+7.0%
29 May 2026+10.6%
5 Jun 2026+29.8%
12 Jun 2026+54.1%
18 Jun 2026+57.7%
26 Jun 2026+70.9%
2 Jul 2026+59.5%
10 Jul 2026+39.7%
17 Jul 2026+28.8%
24 Jul 2026+25.1%
31 Jul 2026+26.8%
7 Aug 2026+19.0%
14 Aug 2026+11.1%
21 Aug 2026+11.2%
28 Aug 2026+0.9%
4 Sep 2026−4.1%
11 Sep 2026−22.6%
18 Sep 2026−30.0%
25 Sep 2026−28.4%
2 Oct 2026−13.8%
9 Oct 2026−19.0%
16 Oct 2026−25.4%
23 Oct 2026−32.5%
30 Oct 2026−24.3%
6 Nov 2026−33.4%
Each bar is one week, from 2016 to now (527 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 10 years the share price moved +1,235% while the S&P 500 moved +246%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 28 August 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Applied Materials pay?

Applied Materials, Inc. paid $1.98 per share over the last four reported quarters. The most recent declaration was $0.53 for Jul 2026. At today's price of $332.73 that is a yield of 0.60%, based on dividends already paid, not a forecast.

A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.

Dividend per share each quarter: latest $0.53 (Jul 2026)

  • Dividend per share $0.53
Dividend per share each quarter: latest $0.53 (Jul 2026)
QuarterDividend per share
Oct 2023$0.32
Jan 2024$0.32
Apr 2024$0.40
Jul 2024$0.40
Oct 2024$0.40
Jan 2025$0.40
Apr 2025$0.46
Jul 2025$0.46
Oct 2025$0.46
Jan 2026$0.46
Apr 2026$0.53
Jul 2026$0.53
Declared dividend per share, $ a share, each reported quarter. 12 quarters on file.

Which stock lists is Applied Materials on?

Applied Materials is on 3 of our US lists: Nasdaq 100 companies, S&P 500 companies and US tech stocks.

Is Applied Materials profitable?

Applied Materials, Inc. earned $2.5 B of net profit in the Jul 2026 quarter, +42.7% on the same quarter a year earlier. That is the 6th quarter in a row of profit growth. Full-year FY25 profit was $7.0 B. Over 4 years profit has grown 4.4% a year on average. That is 27.8% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned $1.8 B.

FY25 profit $7.0 B (−2.5% on the year before), 4.4% a year over 4 years

  • Net profit $7.0 B
FY25 profit $7.0 B (−2.5% on the year before), 4.4% a year over 4 years
QuarterNet profit
FY21$5.9 B
FY22$6.5 B
FY23$6.9 B
FY24$7.2 B
FY25$7.0 B

Growth on a year earlier

  • Growth on a year earlier −2.5%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2210.8%
FY235.1%
FY244.7%
FY25−2.5%
Top: net profit each year, $ B. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jul 2026: $2.5 B (+42.7% on a year earlier), the 6th quarter in a row of growth

  • Net profit (quarterly) $2.5 B
Jul 2026: $2.5 B (+42.7% on a year earlier), the 6th quarter in a row of growth
QuarterNet profit (quarterly)
Oct 2023$2.0 B
Jan 2024$2.0 B
Apr 2024$1.7 B
Jul 2024$1.7 B
Oct 2024$1.7 B
Jan 2025$1.2 B
Apr 2025$2.1 B
Jul 2025$1.8 B
Oct 2025$1.9 B
Jan 2026$2.0 B
Apr 2026$2.8 B
Jul 2026$2.5 B

Growth on a year earlier

  • Growth on a year earlier 42.7%
Growth on a year earlier
QuarterGrowth on a year earlier
Oct 202326%
Jan 202417.6%
Apr 20249.3%
Jul 20249.3%
Oct 2024−13.6%
Jan 2025−41.3%
Apr 202524.1%
Jul 20254.3%
Oct 20259.6%
Jan 202671%
Apr 202631.3%
Jul 202642.7%
Top: net profit each quarter, $ B. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +24.8% on a year earlier and the margin moved +3.1 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +38.6% and revenue +7.7%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit.

How much revenue does Applied Materials make, and is it growing?

Applied Materials, Inc. reported $9.1 B of revenue in the Jul 2026 quarter, +24.8% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 4 years it has grown 5.3% a year on average. The last full year, FY25, came in at $28.4 B.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to $30.8 B.

FY25 revenue was $28.4 B, +4.4% on the year before.

FY25 revenue $28.4 B (+4.4% on the year before), 5.3% a year over 4 years

  • Revenue $28.4 B
FY25 revenue $28.4 B (+4.4% on the year before), 5.3% a year over 4 years
QuarterRevenue
FY21$23.1 B
FY22$25.8 B
FY23$26.5 B
FY24$27.2 B
FY25$28.4 B

Growth on a year earlier

  • Growth on a year earlier 4.4%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2211.8%
FY232.8%
FY242.5%
FY254.4%
Top: revenue each year, $ B. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jul 2026: $9.1 B (+24.8% on a year earlier), the 2nd quarter in a row of growth

  • Revenue (quarterly) $9.1 B
Jul 2026: $9.1 B (+24.8% on a year earlier), the 2nd quarter in a row of growth
QuarterRevenue (quarterly)
Oct 2023$6.7 B
Jan 2024$6.7 B
Apr 2024$6.6 B
Jul 2024$6.8 B
Oct 2024$7.0 B
Jan 2025$7.2 B
Apr 2025$7.1 B
Jul 2025$7.3 B
Oct 2025$6.8 B
Jan 2026$7.0 B
Apr 2026$7.9 B
Jul 2026$9.1 B

Growth on a year earlier

  • Growth on a year earlier 24.8%
Growth on a year earlier
QuarterGrowth on a year earlier
Oct 2023−0.4%
Jan 2024−0.5%
Apr 20240.2%
Jul 20245.5%
Oct 20244.8%
Jan 20256.8%
Apr 20256.8%
Jul 20257.7%
Oct 2025−3.5%
Jan 2026−2.1%
Apr 202611.4%
Jul 202624.8%
Top: revenue each quarter, $ B. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +7.7% on average, against 5.3% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +7.8%, against +7.2% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +35.6%, against +11.5% a year (accelerating).

How much of every $100 of sales does Applied Materials keep?

Applied Materials, Inc.'s operating margin was 33.7% in the Jul 2026 quarter, 3.1 percentage points higher than the same quarter a year ago. Across 5 years it has been between 28.9% and 31.2%. The latest quarter is above every full year in that period.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +3.1 percentage points on the year while gross margin changed +1.5 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

FY25: 30.0%, within a range of 28.9% to 31.2% over 5 years

  • Operating margin 30.0%
FY25: 30.0%, within a range of 28.9% to 31.2% over 5 years
QuarterOperating margin
FY2131.2%
FY2230.2%
FY2328.9%
FY2428.9%
FY2530%

Change on the year before (points)

  • Change on the year before (points) +1.1 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22−1.0 pts
FY23−1.3 pts
FY240.0 pts
FY25+1.1 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jul 2026: operating margin 33.7% (+3.1 points on a year earlier)

  • Operating margin 33.7%
Jul 2026: operating margin 33.7% (+3.1 points on a year earlier)
QuarterOperating margin
Oct 202329.3%
Jan 202429.3%
Apr 202428.8%
Jul 202428.7%
Oct 202429%
Jan 202530.4%
Apr 202530.5%
Jul 202530.6%
Oct 202528.4%
Jan 202629.9%
Apr 202631.9%
Jul 202633.7%

Change on a year earlier (points)

  • Change on a year earlier (points) +3.1 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Oct 2023−0.2 pts
Jan 2024+0.1 pts
Apr 20240.0 pts
Jul 2024+0.7 pts
Oct 2024−0.3 pts
Jan 2025+1.1 pts
Apr 2025+1.7 pts
Jul 2025+1.9 pts
Oct 2025−0.6 pts
Jan 2026−0.5 pts
Apr 2026+1.4 pts
Jul 2026+3.1 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Applied Materials' profit turning into cash?

Over the last 3 years, 120% of Applied Materials, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $8.0 B of operating cash against $7.0 B of profit. After $2.3 B of spending on assets, $5.7 B was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash $8.0 B against profit $7.0 B; 120% of 3 years' profit came in as cash

  • Operating cash $8.0 B
  • Net profit $7.0 B
  • Free cash $5.7 B
FY25: operating cash $8.0 B against profit $7.0 B; 120% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY21$5.4 B$5.9 B$4.8 B
FY22$5.4 B$6.5 B$4.6 B
FY23$8.7 B$6.9 B$7.6 B
FY24$8.7 B$7.2 B$7.5 B
FY25$8.0 B$7.0 B$5.7 B
Operating cash flow and net profit each year, $ B. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Jul 2026: operating cash $3.0 B = 120% of the quarter's profit

  • Operating cash (quarterly) $3.0 B
Jul 2026: operating cash $3.0 B = 120% of the quarter's profit
QuarterOperating cash (quarterly)
Oct 2023$1.6 B
Jan 2024$2.3 B
Apr 2024$1.4 B
Jul 2024$2.4 B
Oct 2024$2.6 B
Jan 2025$925 M
Apr 2025$1.6 B
Jul 2025$2.6 B
Oct 2025$2.8 B
Jan 2026$1.7 B
Apr 2026$845 M
Jul 2026$3.0 B

Operating cash as % of profit

  • Operating cash as % of profit 120%
Operating cash as % of profit
QuarterOperating cash as % of profit
Oct 202378%
Jan 2024115%
Apr 202481%
Jul 2024140%
Oct 2024149%
Jan 202578%
Apr 202574%
Jul 2025148%
Oct 2025149%
Jan 202683%
Apr 202630%
Jul 2026120%
Top: operating cash each quarter, $ B. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Applied Materials' cash go?

Applied Materials, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $4.6 B on assets over the last 3 years. Averaged over those years that is 5.4% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $4.6 B over the last 3 years.

FY25: capex $2.3 B, up from the year before

  • Capex $2.3 B
FY25: capex $2.3 B, up from the year before
QuarterCapex
FY21$668 M
FY22$787 M
FY23$1.1 B
FY24$1.2 B
FY25$2.3 B
Capital spending each year, $ B.

Jul 2026: capex $707 M in the quarter

  • Capex (quarterly) $707 M
Jul 2026: capex $707 M in the quarter
QuarterCapex (quarterly)
Oct 2023$309 M
Jan 2024$229 M
Apr 2024$257 M
Jul 2024$297 M
Oct 2024$407 M
Jan 2025$381 M
Apr 2025$510 M
Jul 2025$584 M
Oct 2025$785 M
Jan 2026$646 M
Apr 2026$635 M
Jul 2026$707 M

Free cash

  • Free cash $2.3 B
Free cash
QuarterFree cash
Oct 2023$1.2 B
Jan 2024$2.1 B
Apr 2024$1.1 B
Jul 2024$2.1 B
Oct 2024$2.2 B
Jan 2025$544 M
Apr 2025$1.1 B
Jul 2025$2.0 B
Oct 2025$2.0 B
Jan 2026$1.0 B
Apr 2026$210 M
Jul 2026$2.3 B
Top: capital spending each quarter, $ B. Below: free cash flow, $ B. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Applied Materials' P/E ratio, and how does it compare with its own history?

Applied Materials, Inc.'s P/E is 28.7×, near the high end of its own history: higher than 79% of past readings. Its usual P/E (the middle reading) is 20.3×, over 4.5 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

P/E 28.7× against a usual 20.3×: near the high end of its own history: higher than 79% of past readings

  • P/E 28.7×
  • Median 20.3×
P/E 28.7× against a usual 20.3×: near the high end of its own history: higher than 79% of past readings
WeekP/EMedian
6 May 202215.0×20.3×
13 May 202214.9×20.3×
20 May 202214.2×20.3×
27 May 202215.9×20.3×
3 Jun 202215.3×20.3×
10 Jun 202213.6×20.3×
17 Jun 202212.0×20.3×
24 Jun 202213.0×20.3×
1 Jul 202211.5×20.3×
8 Jul 202212.2×20.3×
15 Jul 202212.6×20.3×
22 Jul 202213.6×20.3×
29 Jul 202214.1×20.3×
5 Aug 202214.7×20.3×
12 Aug 202214.8×20.3×
19 Aug 202214.0×20.3×
26 Aug 202213.2×20.3×
2 Sep 202212.2×20.3×
9 Sep 202212.9×20.3×
16 Sep 202211.9×20.3×
23 Sep 202211.3×20.3×
30 Sep 202211.0×20.3×
7 Oct 202211.1×20.3×
14 Oct 202210.0×20.3×
21 Oct 202211.0×20.3×
28 Oct 202212.0×20.3×
4 Nov 202212.3×20.3×
11 Nov 202214.9×20.3×
18 Nov 202214.1×20.3×
25 Nov 202214.2×20.3×
2 Dec 202214.3×20.3×
9 Dec 202214.4×20.3×
16 Dec 202214.1×20.3×
23 Dec 202213.1×20.3×
30 Dec 202213.1×20.3×
6 Jan 202314.0×20.3×
13 Jan 202314.8×20.3×
20 Jan 202314.7×20.3×
27 Jan 202315.1×20.3×
3 Feb 202316.1×20.3×
10 Feb 202315.4×20.3×
17 Feb 202315.5×20.3×
24 Feb 202314.9×20.3×
3 Mar 202315.9×20.3×
10 Mar 202315.3×20.3×
17 Mar 202316.4×20.3×
24 Mar 202316.0×20.3×
31 Mar 202316.5×20.3×
6 Apr 202315.3×20.3×
14 Apr 202315.1×20.3×
21 Apr 202315.2×20.3×
28 Apr 202315.2×20.3×
5 May 202315.3×20.3×
12 May 202315.3×20.3×
19 May 202316.8×20.3×
26 May 202317.9×20.3×
2 Jun 202317.8×20.3×
9 Jun 202318.0×20.3×
16 Jun 202318.3×20.3×
23 Jun 202317.9×20.3×
30 Jun 202319.1×20.3×
7 Jul 202318.4×20.3×
14 Jul 202318.8×20.3×
21 Jul 202318.0×20.3×
28 Jul 202320.0×20.3×
4 Aug 202319.2×20.3×
11 Aug 202318.3×20.3×
18 Aug 202318.8×20.3×
25 Aug 202319.0×20.3×
1 Sep 202320.3×20.3×
8 Sep 202319.5×20.3×
15 Sep 202318.2×20.3×
22 Sep 202318.0×20.3×
29 Sep 202318.3×20.3×
6 Oct 202318.5×20.3×
13 Oct 202318.6×20.3×
20 Oct 202317.7×20.3×
27 Oct 202317.3×20.3×
3 Nov 202317.2×20.3×
10 Nov 202318.6×20.3×
17 Nov 202318.3×20.3×
24 Nov 202318.5×20.3×
1 Dec 202318.7×20.3×
8 Dec 202318.2×20.3×
15 Dec 202320.0×20.3×
22 Dec 202320.0×20.3×
29 Dec 202320.0×20.3×
5 Jan 202418.4×20.3×
12 Jan 202418.6×20.3×
19 Jan 202420.7×20.3×
26 Jan 202420.6×20.3×
2 Feb 202419.8×20.3×
9 Feb 202421.9×20.3×
16 Feb 202423.5×20.3×
23 Feb 202423.2×20.3×
1 Mar 202424.7×20.3×
8 Mar 202424.2×20.3×
15 Mar 202423.4×20.3×
22 Mar 202424.7×20.3×
28 Mar 202424.3×20.3×
5 Apr 202424.4×20.3×
12 Apr 202424.4×20.3×
19 Apr 202422.3×20.3×
26 Apr 202423.9×20.3×
3 May 202423.4×20.3×
10 May 202424.1×20.3×
17 May 202424.4×20.3×
24 May 202425.4×20.3×
31 May 202424.7×20.3×
7 Jun 202425.5×20.3×
14 Jun 202427.2×20.3×
21 Jun 202427.1×20.3×
28 Jun 202427.1×20.3×
5 Jul 202427.9×20.3×
12 Jul 202428.0×20.3×
19 Jul 202424.2×20.3×
26 Jul 202423.7×20.3×
2 Aug 202420.4×20.3×
9 Aug 202421.5×20.3×
16 Aug 202423.4×20.3×
23 Aug 202422.8×20.3×
30 Aug 202422.2×20.3×
6 Sep 202419.6×20.3×
13 Sep 202421.2×20.3×
20 Sep 202421.6×20.3×
27 Sep 202423.0×20.3×
4 Oct 202422.7×20.3×
11 Oct 202423.0×20.3×
18 Oct 202420.9×20.3×
25 Oct 202420.9×20.3×
1 Nov 202421.3×20.3×
8 Nov 202422.3×20.3×
15 Nov 202419.6×20.3×
22 Nov 202420.3×20.3×
29 Nov 202420.3×20.3×
6 Dec 202420.1×20.3×
13 Dec 202419.6×20.3×
20 Dec 202419.0×20.3×
27 Dec 202419.4×20.3×
3 Jan 202519.7×20.3×
10 Jan 202519.9×20.3×
17 Jan 202522.3×20.3×
24 Jan 202521.7×20.3×
31 Jan 202523.6×20.3×
7 Feb 202523.5×20.3×
14 Feb 202522.1×20.3×
21 Feb 202522.5×20.3×
28 Feb 202520.6×20.3×
7 Mar 202520.3×20.3×
14 Mar 202520.3×20.3×
21 Mar 202519.9×20.3×
28 Mar 202518.9×20.3×
4 Apr 202516.6×20.3×
11 Apr 202518.9×20.3×
17 Apr 202517.9×20.3×
25 Apr 202519.8×20.3×
2 May 202518.9×20.3×
9 May 202518.9×20.3×
16 May 202520.1×20.3×
23 May 202519.1×20.3×
30 May 202519.1×20.3×
6 Jun 202520.3×20.3×
13 Jun 202520.7×20.3×
20 Jun 202520.6×20.3×
27 Jun 202522.3×20.3×
3 Jul 202523.2×20.3×
11 Jul 202524.1×20.3×
18 Jul 202523.1×20.3×
25 Jul 202522.6×20.3×
1 Aug 202521.4×20.3×
8 Aug 202522.0×20.3×
15 Aug 202519.3×20.3×
22 Aug 202519.4×20.3×
29 Aug 202519.1×20.3×
5 Sep 202519.4×20.3×
12 Sep 202520.0×20.3×
19 Sep 202522.6×20.3×
26 Sep 202524.3×20.3×
3 Oct 202525.9×20.3×
10 Oct 202525.0×20.3×
17 Oct 202526.8×20.3×
24 Oct 202527.2×20.3×
31 Oct 202526.9×20.3×
7 Nov 202526.5×20.3×
14 Nov 202526.1×20.3×
21 Nov 202525.8×20.3×
28 Nov 202529.1×20.3×
5 Dec 202530.9×20.3×
12 Dec 202529.9×20.3×
19 Dec 202529.6×20.3×
26 Dec 202530.2×20.3×
2 Jan 202631.0×20.3×
9 Jan 202634.7×20.3×
16 Jan 202637.7×20.3×
23 Jan 202637.2×20.3×
30 Jan 202633.0×20.3×
6 Feb 202633.0×20.3×
13 Feb 202636.3×20.3×
20 Feb 202638.4×20.3×
27 Feb 202638.1×20.3×
6 Mar 202633.3×20.3×
13 Mar 202635.0×20.3×
20 Mar 202636.6×20.3×
27 Mar 202634.5×20.3×
2 Apr 202635.7×20.3×
10 Apr 202640.9×20.3×
17 Apr 202640.6×20.3×
24 Apr 202642.7×20.3×
1 May 202636.5×20.3×
8 May 202640.9×20.3×
15 May 202641.0×20.3×
22 May 202640.6×20.3×
29 May 202642.3×20.3×
5 Jun 202642.5×20.3×
12 Jun 202653.3×20.3×
18 Jun 202653.3×20.3×
26 Jun 202653.3×20.3×
2 Jul 202653.3×20.3×
10 Jul 202653.3×20.3×
17 Jul 202649.8×20.3×
24 Jul 202650.4×20.3×
31 Jul 202643.8×20.3×
7 Aug 202646.5×20.3×
14 Aug 202643.7×20.3×
21 Aug 202642.5×20.3×
28 Aug 202639.8×20.3×
4 Sep 202639.2×20.3×
11 Sep 202639.4×20.3×
18 Sep 202638.3×20.3×
25 Sep 202641.8×20.3×
2 Oct 202646.6×20.3×
9 Oct 202643.7×20.3×
16 Oct 202635.3×20.3×
23 Oct 202632.5×20.3×
30 Oct 202633.6×20.3×
6 Nov 202628.7×20.3×

Earnings per share, 12 months

  • Earnings per share, 12 months $11.60
Earnings per share, 12 months
WeekEarnings per share, 12 months
6 May 2022–
13 May 2022–
20 May 2022–
27 May 2022–
3 Jun 2022–
10 Jun 2022–
17 Jun 2022–
24 Jun 2022$7.50
1 Jul 2022$7.50
8 Jul 2022$7.50
15 Jul 2022$7.50
22 Jul 2022$7.50
29 Jul 2022$7.50
5 Aug 2022$7.50
12 Aug 2022$7.50
19 Aug 2022$7.50
26 Aug 2022$7.50
2 Sep 2022$7.50
9 Sep 2022$7.50
16 Sep 2022$7.50
23 Sep 2022$7.50
30 Sep 2022$7.47
7 Oct 2022$7.47
14 Oct 2022$7.47
21 Oct 2022$7.47
28 Oct 2022$7.47
4 Nov 2022$7.47
11 Nov 2022$7.47
18 Nov 2022$7.47
25 Nov 2022$7.47
2 Dec 2022$7.47
9 Dec 2022$7.47
16 Dec 2022$7.47
23 Dec 2022$7.47
30 Dec 2022$7.44
6 Jan 2023$7.44
13 Jan 2023$7.44
20 Jan 2023$7.44
27 Jan 2023$7.44
3 Feb 2023$7.44
10 Feb 2023$7.44
17 Feb 2023$7.44
24 Feb 2023$7.44
3 Mar 2023$7.44
10 Mar 2023$7.44
17 Mar 2023$7.44
24 Mar 2023$7.44
31 Mar 2023$7.46
6 Apr 2023$7.46
14 Apr 2023$7.46
21 Apr 2023$7.46
28 Apr 2023$7.46
5 May 2023$7.46
12 May 2023$7.46
19 May 2023$7.46
26 May 2023$7.46
2 Jun 2023$7.46
9 Jun 2023$7.46
16 Jun 2023$7.46
23 Jun 2023$7.46
30 Jun 2023$7.58
7 Jul 2023$7.58
14 Jul 2023$7.58
21 Jul 2023$7.58
28 Jul 2023$7.58
4 Aug 2023$7.58
11 Aug 2023$7.58
18 Aug 2023$7.58
25 Aug 2023$7.58
1 Sep 2023$7.58
8 Sep 2023$7.58
15 Sep 2023$7.58
22 Sep 2023$7.58
29 Sep 2023$7.58
6 Oct 2023$7.58
13 Oct 2023$7.58
20 Oct 2023$7.58
27 Oct 2023$7.58
3 Nov 2023$7.58
10 Nov 2023$7.58
17 Nov 2023$7.58
24 Nov 2023$7.58
1 Dec 2023$7.58
8 Dec 2023$7.58
15 Dec 2023$7.58
22 Dec 2023$7.58
29 Dec 2023$8.11
5 Jan 2024$8.11
12 Jan 2024$8.11
19 Jan 2024$8.11
26 Jan 2024$8.11
2 Feb 2024$8.11
9 Feb 2024$8.11
16 Feb 2024$8.11
23 Feb 2024$8.11
1 Mar 2024$8.11
8 Mar 2024$8.11
15 Mar 2024$8.11
22 Mar 2024$8.11
28 Mar 2024$8.50
5 Apr 2024$8.50
12 Apr 2024$8.50
19 Apr 2024$8.50
26 Apr 2024$8.50
3 May 2024$8.50
10 May 2024$8.50
17 May 2024$8.50
24 May 2024$8.50
31 May 2024$8.50
7 Jun 2024$8.50
14 Jun 2024$8.50
21 Jun 2024$8.50
28 Jun 2024$8.70
5 Jul 2024$8.70
12 Jul 2024$8.70
19 Jul 2024$8.70
26 Jul 2024$8.70
2 Aug 2024$8.70
9 Aug 2024$8.70
16 Aug 2024$8.70
23 Aug 2024$8.70
30 Aug 2024$8.70
6 Sep 2024$8.70
13 Sep 2024$8.70
20 Sep 2024$8.70
27 Sep 2024$8.90
4 Oct 2024$8.90
11 Oct 2024$8.90
18 Oct 2024$8.90
25 Oct 2024$8.90
1 Nov 2024$8.90
8 Nov 2024$8.90
15 Nov 2024$8.90
22 Nov 2024$8.90
29 Nov 2024$8.90
6 Dec 2024$8.90
13 Dec 2024$8.90
20 Dec 2024$8.90
27 Dec 2024$8.62
3 Jan 2025$8.62
10 Jan 2025$8.62
17 Jan 2025$8.62
24 Jan 2025$8.62
31 Jan 2025$8.62
7 Feb 2025$8.62
14 Feb 2025$8.62
21 Feb 2025$8.62
28 Feb 2025$8.62
7 Mar 2025$8.62
14 Mar 2025$8.62
21 Mar 2025$8.62
28 Mar 2025$7.66
4 Apr 2025$7.66
11 Apr 2025$7.66
17 Apr 2025$7.66
25 Apr 2025$7.66
2 May 2025$7.66
9 May 2025$7.66
16 May 2025$7.66
23 May 2025$7.66
30 May 2025$7.66
6 Jun 2025$7.66
13 Jun 2025$7.66
20 Jun 2025$7.66
27 Jun 2025$8.23
3 Jul 2025$8.23
11 Jul 2025$8.23
18 Jul 2025$8.23
25 Jul 2025$8.23
1 Aug 2025$8.23
8 Aug 2025$8.23
15 Aug 2025$8.23
22 Aug 2025$8.23
29 Aug 2025$8.23
5 Sep 2025$8.23
12 Sep 2025$8.23
19 Sep 2025$8.23
26 Sep 2025$8.40
3 Oct 2025$8.40
10 Oct 2025$8.40
17 Oct 2025$8.40
24 Oct 2025$8.40
31 Oct 2025$8.40
7 Nov 2025$8.40
14 Nov 2025$8.40
21 Nov 2025$8.40
28 Nov 2025$8.40
5 Dec 2025$8.40
12 Dec 2025$8.40
19 Dec 2025$8.40
26 Dec 2025$8.68
2 Jan 2026$8.68
9 Jan 2026$8.68
16 Jan 2026$8.68
23 Jan 2026$8.68
30 Jan 2026$8.68
6 Feb 2026$8.68
13 Feb 2026$8.68
20 Feb 2026$8.68
27 Feb 2026$8.68
6 Mar 2026$8.68
13 Mar 2026$8.68
20 Mar 2026$8.68
27 Mar 2026$9.77
2 Apr 2026$9.77
10 Apr 2026$9.77
17 Apr 2026$9.77
24 Apr 2026$9.77
1 May 2026$9.77
8 May 2026$9.77
15 May 2026$9.77
22 May 2026$9.77
29 May 2026$9.77
5 Jun 2026$9.77
12 Jun 2026$9.77
18 Jun 2026$9.77
26 Jun 2026$10.65
2 Jul 2026$10.65
10 Jul 2026$10.65
17 Jul 2026$10.65
24 Jul 2026$10.65
31 Jul 2026$10.65
7 Aug 2026$10.65
14 Aug 2026$10.65
21 Aug 2026$10.65
28 Aug 2026$10.65
4 Sep 2026$10.65
11 Sep 2026$10.65
18 Sep 2026$10.65
25 Sep 2026$11.60
2 Oct 2026$11.60
9 Oct 2026$11.60
16 Oct 2026$11.60
23 Oct 2026$11.60
30 Oct 2026$11.60
6 Nov 2026$11.60
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 4.5 years of history; short peaks above 53× are drawn at the top edge.

PEG 1.30 at the Jul 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 1.30×
  • PEG = 1.0 1.00×
PEG 1.30 at the Jul 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Oct 20210.77×1.00×
Jan 20221.03×1.00×
May 20220.94×1.00×
Jul 20220.93×1.00×
Oct 20221.58×1.00×
Jan 20231.68×1.00×
Apr 20232.21×1.00×
Jul 20233.07×1.00×
Oct 20232.24×1.00×
Jan 20242.33×1.00×
Apr 20242.34×1.00×
Jul 20241.89×1.00×
Oct 20241.71×1.00×
Jan 20251.76×1.00×
Apr 20251.74×1.00×
Jul 20252.23×1.00×
Oct 20253.33×1.00×
Jan 20263.16×1.00×
Apr 20262.05×1.00×
Jul 20261.30×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 20 quarters.
28.7×P/E · higher than 79% of its last 4.5 years
0.61PEG · today, as reported

Why the multiple is where it is: over the past year earnings per share moved +0.6% while the price moved +44.6%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 3 years the price moved +33.5% a year; about +12.6% a year came from earnings growth and about +20.9 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Is the Applied Materials business getting better or worse?

Applied Materials, Inc.'s business is getting better. Profit growth hit its low 5 quarters ago at −8.3% and has recovered to +35.6%, with ROCE steady at 32.4%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +4.4% in FY25, profit −2.5%

  • Revenue growth 4.4%
Growth year by year: revenue +4.4% in FY25, profit −2.5%
QuarterRevenue growth
FY21–
FY2211.8%
FY232.8%
FY242.5%
FY254.4%

Profit growth, EPS growth

  • Profit growth −2.5%
  • EPS growth 0.6%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY2210.8%16.3%
FY235.1%9%
FY244.7%6.2%
FY25−2.5%0.6%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue stabilising, profit accelerating

  • Revenue 7.8%
Three growth lines over twelve quarters: revenue stabilising, profit accelerating
QuarterRevenue
Oct 20232.8%
Jan 20240.9%
Apr 2024−0.5%
Jul 20241.2%
Oct 20242.5%
Jan 20254.3%
Apr 20256%
Jul 20256.6%
Oct 20254.4%
Jan 20262.1%
Apr 20263.3%
Jul 20267.8%

Profit, EPS

  • Profit 35.6%
  • EPS 38.1%
Profit, EPS
QuarterProfitEPS
Oct 20235.1%9%
Jan 202411%14%
Apr 202412.6%14.8%
Jul 202415.6%17.4%
Oct 20244.7%6.2%
Jan 2025−11.4%−9.9%
Apr 2025−7.5%−5.5%
Jul 2025−8.3%−5.7%
Oct 2025−2.5%0.7%
Jan 202623.6%27.5%
Apr 202625.9%29.4%
Jul 202635.6%38.1%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 32.4%
ROCE: the return line, worked out each quarter
QuarterROCE
Oct 202335.8%
Jan 202433.9%
Apr 202433.1%
Jul 202432.1%
Oct 202431.9%
Jan 202532.3%
Apr 202532.9%
Jul 202532.7%
Oct 202531.4%
Jan 202630.4%
Apr 202630.9%
Jul 202632.4%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
Steady highRevenue growth · latest +7.8%, range −0.5% to +7.8%
RisingProfit growth · latest +35.6%, range −11.4% to +35.6%
RisingEPS growth · latest +38.1%, range −9.9% to +38.1%
Steady highROCE · latest 32.4%, range 30.4% to 35.8%

Why it matters: a lasting rise from a low is what this page is built to show.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+4.4%+3.2%——
Profit−2.5%+2.4%——
EPS+0.6%+5.2%——
Stock price+44.6%+33.5%+16.8%+28.0%
+24.8%Revenue growth (Jul 2026) · latest quarter against a year ago
+42.7%Profit growth (Jul 2026) · latest quarter against a year ago
5.3%Revenue, 4 years · yearly growth over the long run

How much does Applied Materials earn on its capital?

Applied Materials, Inc. earned a ROE of 34% in FY25. Its return on capital used (ROIC) is 22.4 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 24.7% net margin and 0.78× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY25): a 24.7% net margin × 0.78× asset turnover × 1.78× leverage (assets divided by equity) ≈ 34.3% on equity. The margin does most of the work; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 35.6% − 13.2% = +22.4 percentage points. The 13.2% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value.

The 35.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 36.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY25: ROE 34%, the full history

  • ROE 34.3%
  • ROIC (annual) 36.7%
  • Cost of capital 13.2%
FY25: ROE 34%, the full history
QuarterROEROIC (annual)Cost of capital
FY2148.1%54.2%13.2%
FY2253.5%47.8%13.2%
FY2341.9%44%13.2%
FY2437.8%43.8%13.2%
FY2534.3%36.7%13.2%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 13.2% cost of capital used on this page.

Jul 2026: ROIC 38.7% (last 12 months) against a 13.2% cost of capital

  • ROIC (12 months) 38.7%
  • ROE (12 months) 41.1%
  • Cost of capital 13.2%
Jul 2026: ROIC 38.7% (last 12 months) against a 13.2% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Oct 202343.9%48%13.2%
Jan 202443.2%46.4%13.2%
Apr 202442.5%45.2%13.2%
Jul 202444.3%43.9%13.2%
Oct 202443.9%40.6%13.2%
Jan 202539%35.2%13.2%
Apr 202538.1%36.4%13.2%
Jul 202537.2%35.6%13.2%
Oct 202536.4%35.5%13.2%
Jan 202637.4%38.9%13.2%
Apr 202634.4%39.7%13.2%
Jul 202638.7%41.1%13.2%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Applied Materials have too much debt?

Applied Materials, Inc. has total debt of $7.3 B against shareholder equity of $25.6 B as of Jul 2026, so its debt is 0.29× its equity, which is very little. Year by year, that ratio went from 0.47 in FY21 to 0.35 in FY25. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY25: debt $7.0 B, 0.35× equity

  • Total debt $7.0 B
FY25: debt $7.0 B, 0.35× equity
QuarterTotal debt
FY21$5.8 B
FY22$5.8 B
FY23$6.0 B
FY24$6.6 B
FY25$7.0 B

Debt-to-equity

  • Debt-to-equity 0.35×
Debt-to-equity
QuarterDebt-to-equity
FY210.47×
FY220.48×
FY230.37×
FY240.35×
FY250.35×
Top: total debt each year, $ B. Below: debt-to-equity, ×. 5-year window.

Jul 2026: debt $7.3 B, debt-to-equity 0.29

  • Total debt (quarterly) $7.3 B
Jul 2026: debt $7.3 B, debt-to-equity 0.29
QuarterTotal debt (quarterly)
Oct 2023$6.0 B
Jan 2024$6.0 B
Apr 2024$6.0 B
Jul 2024$6.7 B
Oct 2024$6.6 B
Jan 2025$6.6 B
Apr 2025$6.7 B
Jul 2025$6.8 B
Oct 2025$7.0 B
Jan 2026$7.2 B
Apr 2026$7.3 B
Jul 2026$7.3 B

Debt-to-equity

  • Debt-to-equity 0.29×
Debt-to-equity
QuarterDebt-to-equity
Oct 20230.37×
Jan 20240.34×
Apr 20240.33×
Jul 20240.35×
Oct 20240.35×
Jan 20250.35×
Apr 20250.35×
Jul 20250.35×
Oct 20250.35×
Jan 20260.33×
Apr 20260.30×
Jul 20260.29×
Top: total debt each quarter, $ B. Below: debt-to-equity, ×. Last 12 quarters.

What is the Applied Materials shareholding pattern?

1.8% of Applied Materials, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so very few traders are betting against this stock. At normal trading volumes, closing those positions would take about 2.1 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

1.8%Short interest · of the tradable float
2.1Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Applied Materials from balance-sheet trouble?

For Applied Materials, Inc., the Z-score is 12.60. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 12.60 is well clear of the danger zone, so the balance sheet is not the risk here.

How does Applied Materials rank in its industry?

53.4 out of 100, rank 13 of 29 in Semiconductor Equipment & Materials, with 85% of the evidence available.

Applied Materials, Inc. scores 53.4 out of 100 against the 29 companies it is compared with in Semiconductor Equipment & Materials, ranking 13. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 14.2 + 20.1 + 11.4 + 7.7 = 53.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Applied Materials compared with?

Applied Materials ranks 13 of 29 Semiconductor Equipment & Materials companies on the 4-Factor Sector Score, with 53.4 out of 100.

  1. 1ASML Holding N.V.ASML · quiet · Most evidence points up · 85% evidence74.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.1/35 · Revenue 22.5% · Profit 42.4% · Operating margin change 11.6 points · 95% evidenceCapital efficiency 21.0/25 · ROCE 44.7% · Operating margin 44.4% · 76% evidenceValuation 13.3/20 · P/E 43.3× · PEG 0.97 · 65% evidenceRelative strength 16.5/20 · Lead over its industry 9.1% · Lead over S&P 500 -6.7% · 1 year 40% · 100% evidence · 1 of 12 weeks aheadExact sum: 24.1 + 21 + 13.3 + 16.5 = 74.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2Lam Research CorporationLRCX · quiet · Most evidence points up · 85% evidence68.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 28.1/35 · Revenue 33.4% · Profit 45.4% · Operating margin change 5.6 points · 95% evidenceCapital efficiency 21.4/25 · ROCE 50.7% · Operating margin 40% · 76% evidenceValuation 13.0/20 · P/E 46.7× · PEG 0.97 · 65% evidenceRelative strength 5.6/20 · Lead over its industry -9.8% · Lead over S&P 500 -24.4% · 1 year 25.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 28.1 + 21.4 + 13 + 5.6 = 68.1 · What this means: Earnings are strong; relative strength in its sector is -9.8% and the one-year return is 25.7%.
  3. 3Teradyne, Inc.TER · losing its lead · Most evidence points up · 85% evidence67.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 31.4/35 · Revenue 74.8% · Profit 100% · Operating margin change 11.4 points · 95% evidenceCapital efficiency 20.1/25 · ROCE 40.3% · Operating margin 30.9% · 76% evidenceValuation 12.6/20 · P/E 45.4× · PEG 1.03 · 65% evidenceRelative strength 3.1/20 · Lead over its industry -18.9% · Lead over S&P 500 -32.3% · 1 year 19.6% · 100% evidence · 2 of 12 weeks aheadExact sum: 31.4 + 20.1 + 12.6 + 3.1 = 67.2 · What this means: Earnings are strong; relative strength in its sector is -18.9% and the one-year return is 19.6%.
  4. 4FormFactor, Inc.FORM · losing its lead · Evidence leans up · 85% evidence59.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 30.6/35 · Revenue 29.1% · Profit 100% · Operating margin change 21.2 points · 95% evidenceCapital efficiency 17.4/25 · ROCE 17.5% · Operating margin 30.1% · 76% evidenceValuation 4.5/20 · P/E 58.4× · PEG 4.6 · 65% evidenceRelative strength 7.2/20 · Lead over its industry -5.8% · Lead over S&P 500 -22.3% · 1 year 55.3% · 100% evidence · 2 of 12 weeks aheadExact sum: 30.6 + 17.4 + 4.5 + 7.2 = 59.7 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value.
  5. 5KLA CorporationKLAC · quiet · Evidence leans up · 85% evidence59.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.3/35 · Revenue 15.8% · Profit 24.1% · Operating margin change 3.3 points · 95% evidenceCapital efficiency 21.1/25 · ROCE 44.7% · Operating margin 45% · 76% evidenceValuation 8.2/20 · P/E 48.4× · PEG 1.91 · 65% evidenceRelative strength 9.9/20 · Lead over its industry -5.8% · Lead over S&P 500 -20.4% · 1 year 15.6% · 100% evidence · 0 of 12 weeks aheadExact sum: 20.3 + 21.1 + 8.2 + 9.9 = 59.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6Entegris, Inc.ENTG · losing its lead · Evidence leans up · 85% evidence58.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 19.6/35 · Revenue 9.4% · Profit 36% · Operating margin change 6.9 points · 95% evidenceCapital efficiency 12.0/25 · ROCE 8.4% · Operating margin 22.3% · 76% evidenceValuation 8.7/20 · P/E 59.1× · PEG 1.64 · 65% evidenceRelative strength 18.5/20 · Lead over its industry 15.4% · Lead over S&P 500 -2.1% · 1 year 47.9% · 100% evidence · 4 of 12 weeks aheadExact sum: 19.6 + 12 + 8.7 + 18.5 = 58.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7InTest CorporationINTT · quiet · Evidence leans up · 67% evidence58.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.4/35 · Revenue 16.1% · Profit — · Operating margin change 12 points · 71% evidenceCapital efficiency 7.7/25 · ROCE 5.3% · Operating margin 7.9% · 76% evidenceValuation 10.9/20 · P/E 34.6× · PEG — · 15% evidenceRelative strength 17.8/20 · Lead over its industry 14.1% · Lead over S&P 500 -4.9% · 1 year 60.8% · 100% evidence · 1 of 12 weeks aheadExact sum: 22.4 + 7.7 + 10.9 + 17.8 = 58.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8Kulicke and Soffa Industries, Inc.KLIC · quiet · Evidence leans up · 64% evidence58.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.4/35 · Revenue 44.8% · Profit 100% · Operating margin change 20 points · 62% evidenceCapital efficiency 14.1/25 · ROCE 12.5% · Operating margin 20.7% · 76% evidenceValuation 9.7/20 · P/E 54.9× · PEG — · 15% evidenceRelative strength 11.0/20 · Lead over its industry -3% · Lead over S&P 500 -19.8% · 1 year 66.6% · 100% evidence · 0 of 12 weeks aheadExact sum: 23.4 + 14.1 + 9.7 + 11 = 58.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  9. 9Aehr Test Systems, Inc.AEHR · losing its lead · Evidence leans up · 77% evidence55.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.5/35 · Revenue 28.6% · Profit — · Operating margin change 53.4 points · 71% evidenceCapital efficiency 7.3/25 · ROCE -1.8% · Operating margin 18.3% · 76% evidenceValuation 13.5/20 · P/E 1592× · PEG 0.29 · 65% evidenceRelative strength 10.5/20 · Lead over its industry 6.7% · Lead over S&P 500 -16.5% · 1 year 118.8% · 100% evidence · 3 of 12 weeks aheadExact sum: 24.5 + 7.3 + 13.5 + 10.5 = 55.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  10. 10Cohu, Inc.COHU · losing its lead · Evidence leans up · 67% evidence55.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.4/35 · Revenue 33.9% · Profit — · Operating margin change 15 points · 71% evidenceCapital efficiency 5.2/25 · ROCE -0.9% · Operating margin 7.7% · 76% evidenceValuation 11.4/20 · P/E -140.4× · PEG — · 15% evidenceRelative strength 14.7/20 · Lead over its industry 8.5% · Lead over S&P 500 -10.7% · 1 year 60.8% · 100% evidence · 3 of 12 weeks aheadExact sum: 24.4 + 5.2 + 11.4 + 14.7 = 55.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  11. 11Qnity Electronics, Inc.Q · quiet · Evidence leans up · 69% evidence55.2out of 100GrowthCapitalValuationRelative
  12. 12Amkor Technology, Inc.AMKR · quiet · Evidence leans up · 85% evidence53.4out of 100GrowthCapitalValuationRelative
  13. 13Applied Materials, Inc. this pageAMAT · quiet · Evidence leans up · 85% evidence53.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.2/35 · Revenue 7.8% · Profit 35.6% · Operating margin change 3.1 points · 95% evidenceCapital efficiency 20.1/25 · ROCE 29% · Operating margin 33.7% · 76% evidenceValuation 11.4/20 · P/E 45.9× · PEG 1.21 · 65% evidenceRelative strength 7.7/20 · Lead over its industry -3.7% · Lead over S&P 500 -19.6% · 1 year 44.6% · 100% evidence · 1 of 12 weeks aheadExact sum: 14.2 + 20.1 + 11.4 + 7.7 = 53.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  14. 14Photronics, Inc.PLAB · quiet · Evidence leans up · 85% evidence53.2out of 100GrowthCapitalValuationRelative
  15. 15Nova Ltd.NVMI · basing · Evidence leans up · 85% evidence50.8out of 100GrowthCapitalValuationRelative
  16. 16Ambarella, Inc.AMBA · quiet · Evidence leans down · 67% evidence49.3out of 100GrowthCapitalValuationRelative
  17. 17AXT, Inc.AXTI · losing its lead · Evidence leans down · 67% evidence47.8out of 100GrowthCapitalValuationRelative
  18. 18Camtek Ltd.CAMT · quiet · Evidence leans down · 77% evidence45.2out of 100GrowthCapitalValuationRelative
  19. 19IPG Photonics CorporationIPGP · basing · Evidence leans down · 85% evidence44.9out of 100GrowthCapitalValuationRelative
  20. 20Axcelis Technologies, Inc.ACLS · quiet · Evidence leans down · 85% evidence44.4out of 100GrowthCapitalValuationRelative
  21. 21Veeco Instruments Inc.VECO · quiet · Evidence leans down · 85% evidence42.7out of 100GrowthCapitalValuationRelative
  22. 22Amtech Systems, Inc.ASYS · quiet · Evidence leans down · 64% evidence42.1out of 100GrowthCapitalValuationRelative
  23. 23Onto Innovation Inc.ONTO · quiet · Too little evidence to rank firmly · 56% evidence39.8out of 100GrowthCapitalValuationRelative
  24. 24ACM Research, Inc.ACMR · quiet · Evidence leans down · 85% evidence37.7out of 100GrowthCapitalValuationRelative
  25. 25Ultra Clean Holdings, Inc.UCTT · quiet · Evidence leans down · 67% evidence37.7out of 100GrowthCapitalValuationRelative
  26. 26Ichor Holdings, Ltd.ICHR · quiet · Evidence leans down · 67% evidence35.9out of 100GrowthCapitalValuationRelative
  27. 27Daqo New Energy Corp.DQ · basing · Most evidence points down · 67% evidence30.2out of 100GrowthCapitalValuationRelative
  28. 28Trio-Tech InternationalTRT · Too little evidence to rank firmly · 0% evidence50.0out of 100GrowthCapitalValuationRelative
  29. 29Atomera IncorporatedATOM · quiet · Too little evidence to rank firmly · 49% evidence38.3out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Semiconductor Equipment & Materials, all 29 compared on one page.

Which companies are close to Applied Materials in size?

Applied Materials is the 2nd largest of 26 Semiconductor Equipment & Materials companies on Sector Alpha by market value (scores of 6 November 2026). Just above it: ASML Holding N.V. Just below it: Lam Research Corporation, KLA Corporation, Teradyne, Inc., Qnity Electronics, Inc. and Entegris, Inc.

Semiconductor Equipment & Materials companies close in size

  1. ASML Holding N.V. $574.5 billion
  2. Applied Materials, Inc. $264.1 billion
  3. Lam Research Corporation $250.2 billion
  4. KLA Corporation $179.8 billion
  5. Teradyne, Inc. $34 billion
  6. Qnity Electronics, Inc. $24.4 billion
  7. Entegris, Inc. $19.6 billion

All 26 Semiconductor Equipment & Materials companies, largest first

Companies close in size in other industries

  1. Royal Bank of Canada $279 billion · Banks - Diversified
  2. Alibaba Group Holding Limited $272.1 billion · Internet Retail
  3. Applied Materials, Inc. $264.1 billion
  4. Netflix, Inc. $260.3 billion · Entertainment
  5. The Goldman Sachs Group, Inc. $259.7 billion · Capital Markets

What else do people ask about Applied Materials?

What is Applied Materials's stock price today?

Applied Materials, Inc.'s stock price is $332.73, +44.6% over the past year. The whole company is worth $264 B on the market.

In the last 52 weeks it traded between $224 to $627; today it is 27% of the way up from the low, 25.3% below its 200-day average (as of 6 November 2026).

What were Applied Materials's latest quarterly results?

Applied Materials, Inc. reported revenue of $9.1 B and net profit of $2.5 B for the Jul 2026 quarter. Revenue rose 24.8% and profit rose 42.7% compared with a year earlier. Earnings per share were $3.17.

The operating margin was 33.7%, 3.1 percentage points higher than a year earlier (as of 6 November 2026).

What is Applied Materials's market cap?

Applied Materials, Inc.'s market capitalisation is $264 B at a stock price of $332.73. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 6 November 2026).

How is Applied Materials performing?

Applied Materials, Inc.'s share price has been moving sideways for 4 weeks. In its latest quarter, revenue rose 24.8% and profit rose 42.7% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 10 weeks running (as of 6 November 2026).

Will Applied Materials's stock price go up?

This page does not forecast Applied Materials, Inc.'s stock price. What it shows instead: the stock price is $332.73, and it has been moving sideways for 4 weeks. Its P/E of 28.7× is higher than 79% of its own last 5 years (as of 6 November 2026).

Where is Applied Materials in its business cycle?

Applied Materials, Inc.'s FY25 operating margin was 30.0%, against a 5-year range of 28.9% to 31.2%: the middle of its own range, neither a peak nor a low. The latest quarter was 33.7%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 6 November 2026).

What could break the Applied Materials story?

The main question: the share price moved +44.6% in a year while yearly earnings per share moved +0.6%. The difference came from the market paying a higher multiple.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 6 November 2026).

Is Applied Materials a stock worth studying right now?

What the numbers show: Applied Materials, Inc.'s share price has risen faster than its earnings: +44.6% in a year, against +0.6% for earnings per share. The main open question: whether earnings grow into a price that has already moved.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 6 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 6 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

More lists

Every Sector Alpha list, grouped

X · Instagram · YouTube · About · Newsletter · Newsletter archive
This is research, not advice. We’re not SEBI-registered.