Stock Analysis on Net

Applied Materials Inc. (NASDAQ:AMAT)

$24.99

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

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

US$ in millions

Microsoft Excel
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: 2025-04-27), 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).

Debt and Liabilities
Short-term debt remained absent until the period starting January 2023, where it appears with values fluctuating between 99 and 799 million USD, peaking at 799 million USD in multiple quarters. The current portion of long-term debt was recorded only in early 2020, at 600 million USD consistently over three quarters, then disappeared. Long-term debt net of current portion exhibited stability around 5,400–6,200 million USD with a slight increase from early 2024 onward, reaching up to 6,158 million USD before stabilizing again around 5,460 million USD.
Current Liabilities
Accounts payable and accrued expenses showed a general upward trend over the entire period, growing from 2,420 million USD in early 2019 to a peak of around 4,820 million USD in late 2024, followed by a slight decrease towards early 2025. Contract liabilities increased steadily through time, more than doubling from 1,356 million USD in early 2019 to around 3,000 million USD by early 2025, reflecting increased deferred revenue or customer advances. Current liabilities overall followed an increasing pattern, rising from about 3,776 million USD in early 2019 to a peak exceeding 8,400 million USD in late 2024, indicating growing short-term obligations.
Non-current Liabilities
Other non-current liabilities showed gradual growth from approximately 324 million USD in early 2019 to nearly 892 million USD by early 2025. The total non-current liabilities fluctuated around 7,000 million USD initially, spiking to above 8,000 million USD in mid-2020, then gradually declining to close to 6,600 million USD towards early 2025. Total liabilities reflected this as well, increasing from roughly 10,700 million USD in early 2019 to highs above 15,000 million USD by late 2024, before settling slightly lower in early 2025.
Equity
Common stock remained stable at approximately 8–9 million USD throughout. Additional paid-in capital showed a steady rise from around 7,200 million USD to almost 10,000 million USD by early 2025, indicating continuous equity injections or retained capital. Retained earnings displayed consistent growth, increasing from about 23,000 million USD to over 52,000 million USD during the span, suggesting profitable operations and earnings retention. Treasury stock values increased negatively, indicating increased repurchases, moving from roughly -21,900 million USD to -43,100 million USD, signifying significant buyback activity. Accumulated other comprehensive loss remained relatively stable with minor fluctuations, hovering around -150 to -320 million USD. Stockholders’ equity increased steadily from about 8,200 million USD to nearly 19,000 million USD, reflecting growth in net assets despite treasury stock increases.
Overall Financial Position
Total liabilities and stockholders' equity rose over the entire period, from about 18,900 million USD in early 2019 to a peak exceeding 34,000 million USD in late 2024, indicating overall company growth. The increase was driven primarily by rising liabilities and retained earnings, supported by additional paid-in capital. The trends suggest expanding operations with increasing short and long-term obligations but balanced by growing equity and strong retained earnings, reflecting sustained profitability and capital management. Treasury stock growth shows active share repurchase strategies possibly aimed at enhancing shareholder value.