NASDAQ: AMAT
Applied Materials, Inc.
Technology · Semiconductors
Market Cap
$499.05B
52w High
$638.90
52w Low
$154.47
P/E
59.03
Volume
4.48M
Outstanding Shares
793.96M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 266.96% over the last year. Revenue grew 3.33% over the trailing twelve months. Operating margin moved from 29.66% to 29.51%. Free cash flow grew 1.77% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 29.51%. A decisive move in revenue — currently up 3.33% — would be the clearest signal to resolve the ambiguity.
Company profile
Applied Materials, Inc. is a prominent provider of crucial manufacturing equipment, associated services, and software solutions.
Valuation
Stock splits
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 2 shares became 3
Profitability & growth
Analyst consensus
41
Buy
12
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 13, 2026
Q3 FY26 · EPS est $3.35 · Revenue est $8.94B
View
Dividends
$1.98/shareQuarterlyDividend Achiever · 20yrSafeAMAT pays a dividend with a 0.32% declared yield, 20 consecutive years of growth, growing at 16.57% annually, covered 4.1× by free cash flow.
Declared Yield
0.32%
Annual Div / Share
$1.98
TTM $1.91
5yr CAGR
+16.57%
Doubles every ~4.5yr
Payout Ratio
12.91%
Safe
Dividend Growth Rate
3yr CAGR
+19.51%
5yr CAGR
+16.57%
10yr CAGR
+17.34%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$0/mo
In 5 yrs
$0/mo
In 10 yrs
$1/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$3/yr $0/mo | $6/yr+76% $0/mo | $10/yr+211% $1/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 0.32% → 0.98% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
AMAT has raised its dividend for 20 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 4.1× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 16.57% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.