Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Applied Materials Inc. (NASDAQ:AMAT)

Analysis of Long-term (Investment) Activity Ratios

Beginner level

Long-term Activity Ratios (Summary)

Applied Materials Inc., long-term (investment) activity ratios

Microsoft Excel LibreOffice Calc
Oct 25, 2020 Oct 27, 2019 Oct 28, 2018 Oct 29, 2017 Oct 30, 2016 Oct 25, 2015
Net fixed asset turnover 10.72 9.55 12.26 13.64 11.55 10.83
Net fixed asset turnover (including operating lease, right-of-use asset) 9.27 9.55 12.26 13.64 11.55 10.83
Total asset turnover 0.77 0.77 0.97 0.75 0.74 0.63
Equity turnover 1.63 1.78 2.52 1.55 1.50 1.27

Based on: 10-K (filing date: 2020-12-11), 10-K (filing date: 2019-12-13), 10-K (filing date: 2018-12-13), 10-K (filing date: 2017-12-15), 10-K (filing date: 2016-12-15), 10-K (filing date: 2015-12-09).

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Applied Materials Inc.’s net fixed asset turnover ratio deteriorated from 2018 to 2019 but then slightly improved from 2019 to 2020.
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). Applied Materials Inc.’s net fixed asset turnover ratio (with operating lease, right-of-use asset) deteriorated from 2018 to 2019 and from 2019 to 2020.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Applied Materials Inc.’s total asset turnover ratio deteriorated from 2018 to 2019 but then slightly improved from 2019 to 2020.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Applied Materials Inc.’s equity turnover ratio deteriorated from 2018 to 2019 and from 2019 to 2020.

Net Fixed Asset Turnover

Applied Materials Inc., net fixed asset turnover calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Oct 25, 2020 Oct 27, 2019 Oct 28, 2018 Oct 29, 2017 Oct 30, 2016 Oct 25, 2015
Selected Financial Data (US$ in millions)
Net sales 17,202  14,608  17,253  14,537  10,825  9,659 
Property, plant and equipment, net 1,604  1,529  1,407  1,066  937  892 
Long-term Activity Ratio
Net fixed asset turnover1 10.72 9.55 12.26 13.64 11.55 10.83
Benchmarks
Net Fixed Asset Turnover, Competitors2
Advanced Micro Devices Inc. 15.23 13.46 18.61 20.42 26.05
Analog Devices Inc. 5.00 4.91 5.37 4.61 5.38 5.33
Apple Inc. 7.47 6.96 6.43 6.79 7.98 10.40
Broadcom Inc. 9.52 8.81 7.91 6.79 5.28 4.67
Cisco Systems Inc. 20.10 18.61 16.41 14.45 14.05 14.75
Intel Corp. 1.38 1.30 1.45 1.53 1.64
Lam Research Corp. 9.37 9.12 12.27 11.69 9.20 8.46
Micron Technology Inc. 0.69 0.83 1.28 1.05 0.84 1.53
NVIDIA Corp. 6.52 8.34 9.74 13.26 10.75
Qualcomm Inc. 6.34 7.88 7.64 6.93 10.21 9.98
Texas Instruments Inc. 4.42 4.35 4.96 5.62 5.32
Net Fixed Asset Turnover, Sector
Technology Hardware & Equipment 3.78 3.74 4.03 4.15 4.55
Net Fixed Asset Turnover, Industry
Technology 3.27 3.38 3.69 3.99 4.42

Based on: 10-K (filing date: 2020-12-11), 10-K (filing date: 2019-12-13), 10-K (filing date: 2018-12-13), 10-K (filing date: 2017-12-15), 10-K (filing date: 2016-12-15), 10-K (filing date: 2015-12-09).

1 2020 Calculation
Net fixed asset turnover = Net sales ÷ Property, plant and equipment, net
= 17,202 ÷ 1,604 = 10.72

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Applied Materials Inc.’s net fixed asset turnover ratio deteriorated from 2018 to 2019 but then slightly improved from 2019 to 2020.

Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)

Applied Materials Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Oct 25, 2020 Oct 27, 2019 Oct 28, 2018 Oct 29, 2017 Oct 30, 2016 Oct 25, 2015
Selected Financial Data (US$ in millions)
Net sales 17,202  14,608  17,253  14,537  10,825  9,659 
 
Property, plant and equipment, net 1,604  1,529  1,407  1,066  937  892 
Operating lease right-of-use assets 252  —  —  —  —  — 
Property, plant and equipment, net (including operating lease, right-of-use asset) 1,856  1,529  1,407  1,066  937  892 
Long-term Activity Ratio
Net fixed asset turnover (including operating lease, right-of-use asset)1 9.27 9.55 12.26 13.64 11.55 10.83
Benchmarks
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2
Advanced Micro Devices Inc. 11.50 9.55 18.61 20.42 26.05
Analog Devices Inc. 4.07 4.91 5.37 4.61 5.38 5.33
Apple Inc. 6.06 6.96 6.43 6.79 7.98 10.40
Broadcom Inc. 7.71 8.81 7.91 6.79 5.28 4.67
Cisco Systems Inc. 14.61 18.61 16.41 14.45 14.05 14.75
Intel Corp. 1.36 1.28 1.45 1.53 1.64
Lam Research Corp. 8.06 9.12 12.27 11.69 9.20 8.46
Micron Technology Inc. 0.68 0.83 1.28 1.05 0.84 1.53
NVIDIA Corp. 4.76 8.34 9.74 13.26 10.75
Qualcomm Inc. 5.64 7.88 7.64 6.93 10.21 9.98
Texas Instruments Inc. 4.03 3.95 4.96 5.62 5.32
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Sector
Technology Hardware & Equipment 3.45 3.71 4.03 4.15 4.55
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Industry
Technology 2.81 3.04 3.60 3.99 4.42

Based on: 10-K (filing date: 2020-12-11), 10-K (filing date: 2019-12-13), 10-K (filing date: 2018-12-13), 10-K (filing date: 2017-12-15), 10-K (filing date: 2016-12-15), 10-K (filing date: 2015-12-09).

1 2020 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = Net sales ÷ Property, plant and equipment, net (including operating lease, right-of-use asset)
= 17,202 ÷ 1,856 = 9.27

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). Applied Materials Inc.’s net fixed asset turnover ratio (with operating lease, right-of-use asset) deteriorated from 2018 to 2019 and from 2019 to 2020.

Total Asset Turnover

Applied Materials Inc., total asset turnover calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Oct 25, 2020 Oct 27, 2019 Oct 28, 2018 Oct 29, 2017 Oct 30, 2016 Oct 25, 2015
Selected Financial Data (US$ in millions)
Net sales 17,202  14,608  17,253  14,537  10,825  9,659 
Total assets 22,353  19,024  17,773  19,419  14,588  15,308 
Long-term Activity Ratio
Total asset turnover1 0.77 0.77 0.97 0.75 0.74 0.63
Benchmarks
Total Asset Turnover, Competitors2
Advanced Micro Devices Inc. 1.09 1.12 1.42 1.51 1.29
Analog Devices Inc. 0.26 0.28 0.30 0.24 0.43 0.49
Apple Inc. 0.85 0.77 0.73 0.61 0.67 0.80
Broadcom Inc. 0.31 0.33 0.42 0.32 0.26 0.64
Cisco Systems Inc. 0.52 0.53 0.45 0.37 0.40 0.43
Intel Corp. 0.51 0.53 0.55 0.51 0.52
Lam Research Corp. 0.69 0.80 0.89 0.66 0.48 0.56
Micron Technology Inc. 0.40 0.48 0.70 0.58 0.45 0.67
NVIDIA Corp. 0.63 0.88 0.86 0.70 0.68
Qualcomm Inc. 0.66 0.74 0.70 0.34 0.45 0.50
Texas Instruments Inc. 0.75 0.80 0.92 0.85 0.81
Total Asset Turnover, Sector
Technology Hardware & Equipment 0.64 0.64 0.65 0.52 0.56
Total Asset Turnover, Industry
Technology 0.55 0.56 0.57 0.49 0.53

Based on: 10-K (filing date: 2020-12-11), 10-K (filing date: 2019-12-13), 10-K (filing date: 2018-12-13), 10-K (filing date: 2017-12-15), 10-K (filing date: 2016-12-15), 10-K (filing date: 2015-12-09).

1 2020 Calculation
Total asset turnover = Net sales ÷ Total assets
= 17,202 ÷ 22,353 = 0.77

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Applied Materials Inc.’s total asset turnover ratio deteriorated from 2018 to 2019 but then slightly improved from 2019 to 2020.

Equity Turnover

Applied Materials Inc., equity turnover calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Oct 25, 2020 Oct 27, 2019 Oct 28, 2018 Oct 29, 2017 Oct 30, 2016 Oct 25, 2015
Selected Financial Data (US$ in millions)
Net sales 17,202  14,608  17,253  14,537  10,825  9,659 
Stockholders’ equity 10,578  8,214  6,839  9,349  7,217  7,613 
Long-term Activity Ratio
Equity turnover1 1.63 1.78 2.52 1.55 1.50 1.27
Benchmarks
Equity Turnover, Competitors2
Advanced Micro Devices Inc. 1.67 2.38 5.11 8.72 10.27
Analog Devices Inc. 0.47 0.51 0.56 0.50 0.66 0.68
Apple Inc. 4.20 2.88 2.48 1.71 1.68 1.96
Broadcom Inc. 1.00 0.91 0.78 0.87 0.70 1.45
Cisco Systems Inc. 1.30 1.55 1.14 0.73 0.77 0.82
Intel Corp. 0.96 0.93 0.95 0.91 0.90
Lam Research Corp. 1.94 2.07 1.70 1.18 1.00 1.03
Micron Technology Inc. 0.55 0.65 0.94 1.09 1.03 1.32
NVIDIA Corp. 0.89 1.25 1.30 1.20 1.12
Qualcomm Inc. 3.87 4.94 24.50 0.73 0.74 0.80
Texas Instruments Inc. 1.57 1.61 1.75 1.45 1.28
Equity Turnover, Sector
Technology Hardware & Equipment 1.75 1.65 1.61 1.19 1.17
Equity Turnover, Industry
Technology 1.28 1.30 1.30 1.09 1.07

Based on: 10-K (filing date: 2020-12-11), 10-K (filing date: 2019-12-13), 10-K (filing date: 2018-12-13), 10-K (filing date: 2017-12-15), 10-K (filing date: 2016-12-15), 10-K (filing date: 2015-12-09).

1 2020 Calculation
Equity turnover = Net sales ÷ Stockholders’ equity
= 17,202 ÷ 10,578 = 1.63

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Applied Materials Inc.’s equity turnover ratio deteriorated from 2018 to 2019 and from 2019 to 2020.