Applied Materials vs ASML AMAT vs ASML
Applied Materials and ASML on one sheet: valuation multiples, growth, margins, debt, dividends and returns, each section labelled with the period it covers, from the companies' filings. Add or remove a stock above the sheet; the link holds the set.
What differs most
- Debt / equity: Applied Materials 0.3×, ASML 0.1×.
- Market value: ASML $632.67B, Applied Materials $324.81B.
- Trailing P/E: ASML 66.4×, Applied Materials 35.3×.
- Price / sales: ASML 19.4×, Applied Materials 10.5×.
Price return
2025-10-16 → 2026-10-16
AMAT+79.7%
ASML+61.0%
Profile
latestSector
Technology
Technology
Industry
Semiconductors
Semiconductors
Market value
$324.81B
$632.67B
Enterprise value
$325.52B
$622.47B
Employees
36,500
44,209
Revenue per employee (TTM)
$845K
$739K
Our models
nightlythe valuation on each stock's pagePrice vs model
89% overvalued vs model
—
Model range
$158–342
—
Models in the headline
1
—
FCF growth priced in, at a 10% return
29.4%
29.9%
Every model, its assumptions and its range: AMAT valuation · ASML valuation. The growth priced in, at any return: AMAT reverse DCF · ASML reverse DCF.
Trading
close 2026-10-16Last close
$409.29
$1641.52
52-week high
$723.00
$1989.44
52-week low
$220.23
$966.57
Price vs 52-week high
−43.4%
−17.5%
Price vs 52-week low
+85.8%
+69.8%
Average daily volume / shares
1.0%
0.4%
Beta
1.59
1.30
Returns
to 2026-10-161 month
−1.5%
+2.5%
3 months
−27.0%
−8.0%
6 months
+5.0%
+16.4%
Year to date
+59.3%
+53.4%
1 year
+79.7%
+61.0%
1 year, dividends added
+80.6%
+61.9%
2 years
+121.7%
+140.2%
Valuation
AMAT price × TTM to Jul 2026 · ASML price × FY2025P/E (TTM)
35.3×
66.4×
P/E on consensus EPS (next FY)
31.9×
40.8×
Price / sales
10.5×
19.4×
EV / sales
10.6×
19.1×
EV / EBITDA
—
49.6×
Price / book
12.7×
32.3×
Price / free cash flow (FY)
57.0×
59.4×
Free-cash-flow yield (FY)
1.8%
1.7%
Growth
TTM and FY2025Revenue growth (TTM)
—
+15.6%
Revenue growth, consensus next FY
+21.1%
+34.7%
Revenue, 3-year CAGR
3.2%
15.6%
Revenue, 5-year CAGR
10.5%
18.5%
EPS growth (TTM)
—
+28.4%
EPS growth, consensus next FY
+48.0%
+62.6%
EPS, 3-year CAGR
5.2%
21.4%
Free cash flow, 3-year CAGR
7.3%
14.8%
Diluted shares, 3-year change
−7.9%
−2.3%
Profitability
AMAT TTM to Jul 2026 · ASML FY2025Gross margin (FY)†
48.7%
52.8%
Operating margin
29.6%
34.6%
EBITDA margin
—
38.4%
Net margin
30.1%
29.4%
Free-cash-flow margin (FY)
20.1%
32.6%
Return on equity
36.2%
49.0%
Return on assets
21.3%
19.0%
Asset turnover
0.71
0.65
† Gross margin (FY): As filed. Companies draw the cost-of-revenue line in different places, so gross margins of two companies in one industry can differ for that reason alone; operating margin does not depend on where the line is drawn.
Balance sheet
AMAT MRQ Jul 2026 · ASML MRQ Dec 2025Cash
$7.04B
$12.91B
Total debt
$7.74B
$2.71B
Net debt
$706.0M
−$10.20B
Debt / equity
0.3×
0.1×
Net debt / EBITDA (TTM)
—
-0.8×
Interest coverage (FY)
30.8×
0.0×
Current ratio (FY)
2.61
1.26
Dividends
trailing 12 monthsDividend yield
0.5%
0.6%
Dividends per share
$1.98
$9.08
Payout ratio (of TTM EPS)
17.1%
36.7%
Dividend per share, 5-year CAGR
16.6%
22.6%
Frequency
Quarterly
Quarterly
Ownership and activity
last 90 days · latest 13FTracked superinvestors holding (13F)
13
10
Insider open-market buys (Form 4)
$0
$0
Insider sales (Form 4)
$4.5M
$0
Analyst upgrades
0
0
Analyst downgrades
1
0
Statements
AMAT income TTM to Jul 2026 · cash flow FY2025 · ASML income FY2025 · cash flow FY2025Revenue
$30.84B
$32.67B
EBITDA
—
$12.55B
Operating income
$9.14B
$11.30B
Net income
$9.27B
$9.61B
EPS (diluted)
$11.58
$24.71
Operating cash flow
$7.96B
$12.16B
Capital expenditure
−$2.26B
−$1.51B
Free cash flow
$5.70B
$10.65B
Dividends paid
$1.38B
$2.45B
Statements from the companies' SEC filings; prices, dividends and consensus estimates from Financial Modeling Prep; insider trades from Form 4 and holdings from 13F. Refreshed nightly. A comparison of filed numbers, not a recommendation to buy, sell or hold any security.