Stock Analysis on Net

Applied Materials Inc. (NASDAQ:AMAT)

$24.99

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

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Applied Materials Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

Microsoft Excel
Jul 27, 2025 Apr 27, 2025 Jan 26, 2025 Oct 27, 2024 Jul 28, 2024 Apr 28, 2024 Jan 28, 2024 Oct 29, 2023 Jul 30, 2023 Apr 30, 2023 Jan 29, 2023 Oct 30, 2022 Jul 31, 2022 May 1, 2022 Jan 30, 2022 Oct 31, 2021 Aug 1, 2021 May 2, 2021 Jan 31, 2021 Oct 25, 2020 Jul 26, 2020 Apr 26, 2020 Jan 26, 2020 Oct 27, 2019 Jul 28, 2019 Apr 28, 2019 Jan 27, 2019
Short-term debt
Current portion of long-term debt
Accounts payable and accrued expenses
Contract liabilities
Current liabilities
Long-term debt, net of current portion
Income taxes payable
Other liabilities
Non-current liabilities
Total liabilities
Common stock
Additional paid-in capital
Retained earnings
Treasury stock
Accumulated other comprehensive loss
Stockholders’ equity
Total liabilities and stockholders’ equity

Based on: 10-Q (reporting date: 2025-07-27), 10-Q (reporting date: 2025-04-27), 10-Q (reporting date: 2025-01-26), 10-K (reporting date: 2024-10-27), 10-Q (reporting date: 2024-07-28), 10-Q (reporting date: 2024-04-28), 10-Q (reporting date: 2024-01-28), 10-K (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-29), 10-K (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-Q (reporting date: 2022-01-30), 10-K (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-Q (reporting date: 2021-01-31), 10-K (reporting date: 2020-10-25), 10-Q (reporting date: 2020-07-26), 10-Q (reporting date: 2020-04-26), 10-Q (reporting date: 2020-01-26), 10-K (reporting date: 2019-10-27), 10-Q (reporting date: 2019-07-28), 10-Q (reporting date: 2019-04-28), 10-Q (reporting date: 2019-01-27).


Over the observed periods, the financial structure exhibited notable changes in the composition of liabilities and stockholders’ equity. Total liabilities as a percentage of total liabilities and stockholders’ equity showed a declining trend, decreasing from a high in the mid-50% range during earlier periods to around 43% by the most recent quarters, indicating an improving leverage position.

Short-term and current liabilities
Short-term debt remained minimal, appearing only in the latest periods with a slight upward movement from about 0.29% to over 2.3%, suggesting increased short-term borrowing recently. The current portion of long-term debt was present only in early 2020 around 3%, then absent in later data points.
Accounts payable and accrued expenses fluctuated but generally trended slightly downward from around 16.5% in late 2021 to about 13.5% in the latest periods. Contract liabilities rose steadily reaching a peak near 11.7% in early 2023 before declining gradually to around 7.2%. Current liabilities overall followed a similar pattern with increases until late 2022 at roughly 27.6%, then falling to just above 23% in early 2025.
Long-term liabilities
The net long-term debt portion showed a clear gradual decrease, moving from above 28% in early 2019 down to below 16% near the latest periods, reflecting significant debt reduction or restructuring. Income taxes payable consistently declined from near 7% in earlier quarters to under 1% by the final periods, indicating reduced tax liabilities held at period ends.
Other liabilities fluctuated slightly in the 2–3% range, with a minor increase toward recent periods, signaling relatively stable other obligations. Non-current liabilities in total declined from about 37% at the start to under 20% towards the end, consistent with the drop in long-term debt and taxes payable.
Stockholders’ equity
Equity as a percentage of total liabilities and stockholders’ equity increased gradually from approximately 43% to over 57%, demonstrating stronger capitalization over time. Components of equity showed diverse trends:
Retained earnings grew steadily from about 122% of the capital structure nominal base to roughly 157%, showing accumulation of earnings and profit retention.
Additional paid-in capital declined from near 39% to around 29–30%, indicating possible share buybacks or changes in capital funding. Common stock remained consistently at a minimal proportion around 0.02–0.05% throughout the periods.
Treasury stock held a large negative balance, growing more negative from about -116% to nearly -129%, supporting the observation of significant share repurchases influencing the equity structure.
Accumulated other comprehensive loss showed a steady reduction in negative impact, decreasing from about -0.8% to under -0.3%, slightly improving the equity quality.

In summary, the company gradually reduced its leverage by decreasing long-term liabilities while increasing the relative weight of stockholders’ equity, driven by retained earnings growth and treasury stock activity. Current liabilities showed variable trends but remained a stable portion of overall financial structure. These changes reflect a deliberate strategy toward strengthening the balance sheet and enhancing financial stability over the examined timeframe.