Stock Analysis on Net
Stock Analysis on Net

Applied Materials Inc. (NASDAQ:AMAT)

Analysis of Profitability Ratios
Quarterly Data

Beginner level


Profitability Ratios (Summary)

Applied Materials Inc., profitability ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Apr 26, 2020 Jan 26, 2020 Oct 27, 2019 Jul 28, 2019 Apr 28, 2019 Jan 27, 2019 Oct 28, 2018 Jul 29, 2018 Apr 29, 2018 Jan 28, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Oct 25, 2015 Jul 26, 2015 Apr 26, 2015 Jan 25, 2015 Oct 26, 2014 Jul 27, 2014 Apr 27, 2014 Jan 26, 2014
Return on Sales
Gross profit margin 44.04% 43.81% 43.72% 43.93% 44.39% 45.01% 45.31% 45.47% 45.48% 45.31% 44.93% 44.31% 43.55% 42.55% 41.67% 41.14% 40.74% 40.90% 40.92% 41.36% 42.08% 42.32% 42.36%
Operating profit margin 23.58% 23.20% 22.93% 23.55% 25.09% 26.83% 27.80% 28.35% 28.17% 27.53% 26.61% 25.58% 24.11% 21.99% 19.88% 18.17% 16.71% 16.63% 17.53% 17.60% 17.97% 17.83% 16.75%
Net profit margin 18.89% 18.83% 18.52% 19.40% 22.10% 23.50% 19.20% 19.87% 19.24% 18.53% 23.62% 22.08% 20.41% 18.05% 15.90% 14.62% 13.29% 13.76% 14.26% 13.57% 13.60% 12.63% 11.82%
Return on Investment
Return on equity (ROE) 32.31% 32.64% 32.94% 35.53% 42.51% 48.11% 48.44% 50.10% 45.03% 33.69% 36.73% 35.13% 32.17% 27.81% 23.85% 21.22% 19.36% 18.35% 18.09% 16.26% 15.20% 14.46% 13.62%
Return on assets (ROA) 13.37% 14.30% 14.22% 15.34% 18.57% 20.87% 18.64% 19.12% 17.14% 14.58% 17.68% 16.05% 14.48% 14.03% 11.80% 10.56% 9.72% 9.87% 9.00% 9.86% 9.34% 8.93% 8.14%

Based on: 10-Q (filing date: 2020-05-21), 10-Q (filing date: 2020-02-20), 10-K (filing date: 2019-12-13), 10-Q (filing date: 2019-08-22), 10-Q (filing date: 2019-05-23), 10-Q (filing date: 2019-02-21), 10-K (filing date: 2018-12-13), 10-Q (filing date: 2018-08-23), 10-Q (filing date: 2018-05-24), 10-Q (filing date: 2018-02-22), 10-K (filing date: 2017-12-15), 10-Q (filing date: 2017-08-24), 10-Q (filing date: 2017-05-25), 10-Q (filing date: 2017-02-23), 10-K (filing date: 2016-12-15), 10-Q (filing date: 2016-08-25), 10-Q (filing date: 2016-05-26), 10-Q (filing date: 2016-02-25), 10-K (filing date: 2015-12-09), 10-Q (filing date: 2015-08-20), 10-Q (filing date: 2015-05-21), 10-Q (filing date: 2015-02-19), 10-K (filing date: 2014-12-17), 10-Q (filing date: 2014-08-21), 10-Q (filing date: 2014-05-22), 10-Q (filing date: 2014-02-20).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Applied Materials Inc.’s gross profit margin ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Applied Materials Inc.’s operating profit margin ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Applied Materials Inc.’s net profit margin ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Applied Materials Inc.’s ROE deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.
ROA A profitability ratio calculated as net income divided by total assets. Applied Materials Inc.’s ROA improved from Q4 2019 to Q1 2020 but then deteriorated significantly from Q1 2020 to Q2 2020.

Gross Profit Margin

Applied Materials Inc., gross profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Apr 26, 2020 Jan 26, 2020 Oct 27, 2019 Jul 28, 2019 Apr 28, 2019 Jan 27, 2019 Oct 28, 2018 Jul 29, 2018 Apr 29, 2018 Jan 28, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Oct 25, 2015 Jul 26, 2015 Apr 26, 2015 Jan 25, 2015 Oct 26, 2014 Jul 27, 2014 Apr 27, 2014 Jan 26, 2014
Selected Financial Data (US$ in millions)
Gross profit 1,749  1,858  1,634  1,557  1,530  1,665  1,780  2,027  2,090  1,920  1,787  1,700  1,600  1,445  1,399  1,192  1,004  916  959  1,018  1,016  959  959  992  1,001  891 
Net sales 3,957  4,162  3,754  3,562  3,539  3,753  4,014  4,468  4,567  4,204  3,969  3,744  3,546  3,278  3,297  2,821  2,450  2,257  2,368  2,490  2,442  2,359  2,264  2,265  2,353  2,190 
Profitability Ratio
Gross profit margin1 44.04% 43.81% 43.72% 43.93% 44.39% 45.01% 45.31% 45.47% 45.48% 45.31% 44.93% 44.31% 43.55% 42.55% 41.67% 41.14% 40.74% 40.90% 40.92% 41.36% 42.08% 42.32% 42.36%
Benchmarks
Gross Profit Margin, Competitors2
Advanced Micro Devices Inc. 43.69% 42.61% 40.78% 39.83% 38.87% 37.79% 37.10% 35.81% 34.86% 34.21% 33.48% 24.79% 23.96% 23.36% 22.55% 28.62% 26.97% 27.06%
Analog Devices Inc. 65.56% 66.43% 67.00% 67.79% 67.95% 68.09% 68.27% 67.46% 63.96% 61.12% 59.94% 59.57% 63.11% 65.95% 65.10% 64.84% 64.86% 65.05% 65.77%
Apple Inc. 38.11% 37.95% 37.82% 37.90% 38.05% 38.21% 38.34% 38.27% 38.30% 38.43% 38.47% 38.51% 38.41% 38.52% 39.08% 39.49% 39.81% 40.13% 40.06% 39.71% 39.66% 39.26% 38.59%
Broadcom Inc. 55.21% 55.32% 55.24% 55.09% 54.33% 53.09% 51.48% 50.28% 49.42% 48.53% 48.25% 49.01% 48.78% 44.85% 44.86% 43.55% 43.52% 52.70% 52.07% 50.87% 46.71% 45.51% 43.97%
Cisco Systems Inc. 63.97% 63.44% 62.94% 62.38% 62.17% 62.32% 62.04% 62.18% 62.35% 62.29% 62.96% 63.19% 63.53% 63.40% 62.87% 62.12% 61.55% 60.85% 60.38% 60.30% 59.97% 58.55% 58.91%
Intel Corp. 59.51% 58.56% 58.92% 60.46% 60.83% 61.73% 62.50% 61.87% 61.93% 62.25% 61.86% 62.12% 61.52% 60.94% 61.59% 61.48% 62.33% 62.65%
Lam Research Corp. 45.20% 45.13% 45.15% 45.66% 46.12% 46.42% 46.63% 46.18% 45.99% 45.56% 44.97% 44.81% 44.44% 44.15% 44.49% 44.01% 43.91% 43.83% 43.43%
Micron Technology Inc. 30.33% 36.11% 45.72% 53.60% 57.87% 59.55% 58.87% 56.43% 53.13% 48.25% 41.51% 33.92% 25.74% 20.49% 20.20% 22.66% 26.21% 29.57% 32.21% 33.47% 34.20% 34.31% 33.24%
NVIDIA Corp. 58.57% 59.64% 61.21% 62.51% 62.41% 61.36% 59.93% 59.31% 59.18% 59.16% 58.80% 57.84% 57.01% 56.33% 56.11% 55.99% 55.72% 55.99% 55.53%
Qualcomm Inc. 65.07% 65.22% 64.57% 63.06% 54.26% 54.58% 54.94% 56.00% 55.57% 55.22% 56.07% 57.12% 58.16% 59.38% 58.61% 58.55% 58.53% 58.82% 58.95% 58.95% 59.36% 59.10% 59.66%
Texas Instruments Inc. 63.68% 63.71% 64.23% 64.51% 64.73% 65.11% 65.18% 64.84% 64.61% 64.26% 63.64% 62.97% 62.19% 61.63% 60.65% 59.62% 58.86% 58.15%

Based on: 10-Q (filing date: 2020-05-21), 10-Q (filing date: 2020-02-20), 10-K (filing date: 2019-12-13), 10-Q (filing date: 2019-08-22), 10-Q (filing date: 2019-05-23), 10-Q (filing date: 2019-02-21), 10-K (filing date: 2018-12-13), 10-Q (filing date: 2018-08-23), 10-Q (filing date: 2018-05-24), 10-Q (filing date: 2018-02-22), 10-K (filing date: 2017-12-15), 10-Q (filing date: 2017-08-24), 10-Q (filing date: 2017-05-25), 10-Q (filing date: 2017-02-23), 10-K (filing date: 2016-12-15), 10-Q (filing date: 2016-08-25), 10-Q (filing date: 2016-05-26), 10-Q (filing date: 2016-02-25), 10-K (filing date: 2015-12-09), 10-Q (filing date: 2015-08-20), 10-Q (filing date: 2015-05-21), 10-Q (filing date: 2015-02-19), 10-K (filing date: 2014-12-17), 10-Q (filing date: 2014-08-21), 10-Q (filing date: 2014-05-22), 10-Q (filing date: 2014-02-20).

1 Q2 2020 Calculation
Gross profit margin = 100 × (Gross profitQ2 2020 + Gross profitQ1 2020 + Gross profitQ4 2019 + Gross profitQ3 2019) ÷ (Net salesQ2 2020 + Net salesQ1 2020 + Net salesQ4 2019 + Net salesQ3 2019)
= 100 × (1,749 + 1,858 + 1,634 + 1,557) ÷ (3,957 + 4,162 + 3,754 + 3,562) = 44.04%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Applied Materials Inc.’s gross profit margin ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.

Operating Profit Margin

Applied Materials Inc., operating profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Apr 26, 2020 Jan 26, 2020 Oct 27, 2019 Jul 28, 2019 Apr 28, 2019 Jan 27, 2019 Oct 28, 2018 Jul 29, 2018 Apr 29, 2018 Jan 28, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Oct 25, 2015 Jul 26, 2015 Apr 26, 2015 Jan 25, 2015 Oct 26, 2014 Jul 27, 2014 Apr 27, 2014 Jan 26, 2014
Selected Financial Data (US$ in millions)
Income from operations 932  1,042  864  802  776  908  1,016  1,257  1,327  1,196  1,098  1,023  940  807  777  596  425  354  423  396  416  458  412  391  387  330 
Net sales 3,957  4,162  3,754  3,562  3,539  3,753  4,014  4,468  4,567  4,204  3,969  3,744  3,546  3,278  3,297  2,821  2,450  2,257  2,368  2,490  2,442  2,359  2,264  2,265  2,353  2,190 
Profitability Ratio
Operating profit margin1 23.58% 23.20% 22.93% 23.55% 25.09% 26.83% 27.80% 28.35% 28.17% 27.53% 26.61% 25.58% 24.11% 21.99% 19.88% 18.17% 16.71% 16.63% 17.53% 17.60% 17.97% 17.83% 16.75%
Benchmarks
Operating Profit Margin, Competitors2
Advanced Micro Devices Inc. 10.63% 9.37% 5.16% 4.68% 6.05% 6.97% 7.73% 7.37% 5.89% 3.83% 2.40% -6.49% -7.53% -8.71% -10.14% -7.30% -10.86% -12.05%
Analog Devices Inc. 25.30% 26.56% 28.55% 30.69% 31.07% 31.05% 30.35% 29.56% 25.18% 21.17% 20.66% 21.09% 25.91% 30.23% 30.05% 22.96% 22.90% 23.83% 24.19%
Apple Inc. 24.48% 24.71% 24.57% 24.87% 25.34% 25.98% 26.69% 26.60% 26.70% 26.87% 26.76% 26.84% 26.91% 27.15% 27.84% 28.55% 29.39% 30.28% 30.48% 30.21% 30.15% 29.67% 28.72%
Broadcom Inc. 14.85% 15.90% 15.24% 18.15% 20.70% 22.28% 24.63% 20.93% 18.05% 14.98% 13.51% 11.87% 6.75% -2.42% -3.09% -2.52% 3.23% 24.51% 23.92% 21.59% 15.68% 13.47% 10.26%
Cisco Systems Inc. 27.47% 26.91% 27.39% 27.04% 26.55% 26.57% 24.95% 24.68% 25.02% 24.80% 24.94% 25.24% 24.82% 25.47% 25.71% 24.75% 24.56% 23.20% 21.91% 21.72% 21.19% 19.52% 19.82%
Intel Corp. 32.88% 30.62% 30.48% 31.77% 32.49% 32.91% 32.48% 30.58% 29.37% 28.58% 27.49% 26.60% 22.99% 21.68% 21.83% 21.86% 24.80% 25.29%
Lam Research Corp. 25.20% 25.40% 25.53% 26.90% 28.19% 28.47% 29.01% 27.84% 26.96% 25.73% 23.74% 22.22% 19.70% 17.82% 18.25% 16.42% 17.04% 16.74% 14.98%
Micron Technology Inc. 13.36% 20.04% 31.51% 41.16% 46.84% 49.70% 49.34% 46.71% 43.04% 37.17% 28.88% 19.16% 9.12% 2.27% 1.35% 4.91% 9.35% 14.33% 18.52% 20.21% 21.28% 21.44% 18.87%
NVIDIA Corp. 22.40% 26.72% 32.47% 36.89% 37.21% 35.97% 33.05% 31.97% 31.33% 29.74% 27.99% 23.64% 19.43% 15.80% 14.91% 14.98% 14.57% 16.57% 16.21%
Qualcomm Inc. 32.49% 32.59% 31.59% 24.99% 9.05% 6.62% 3.26% 7.57% 6.98% 8.34% 11.73% 18.09% 21.09% 23.50% 27.57% 25.55% 24.22% 22.53% 22.85% 24.99% 27.16% 30.12% 28.50%
Texas Instruments Inc. 39.58% 39.79% 40.61% 41.59% 41.98% 42.53% 42.74% 42.18% 41.56% 40.66% 39.92% 38.40% 36.93% 35.89% 35.16% 34.04% 33.32% 32.88%

Based on: 10-Q (filing date: 2020-05-21), 10-Q (filing date: 2020-02-20), 10-K (filing date: 2019-12-13), 10-Q (filing date: 2019-08-22), 10-Q (filing date: 2019-05-23), 10-Q (filing date: 2019-02-21), 10-K (filing date: 2018-12-13), 10-Q (filing date: 2018-08-23), 10-Q (filing date: 2018-05-24), 10-Q (filing date: 2018-02-22), 10-K (filing date: 2017-12-15), 10-Q (filing date: 2017-08-24), 10-Q (filing date: 2017-05-25), 10-Q (filing date: 2017-02-23), 10-K (filing date: 2016-12-15), 10-Q (filing date: 2016-08-25), 10-Q (filing date: 2016-05-26), 10-Q (filing date: 2016-02-25), 10-K (filing date: 2015-12-09), 10-Q (filing date: 2015-08-20), 10-Q (filing date: 2015-05-21), 10-Q (filing date: 2015-02-19), 10-K (filing date: 2014-12-17), 10-Q (filing date: 2014-08-21), 10-Q (filing date: 2014-05-22), 10-Q (filing date: 2014-02-20).

1 Q2 2020 Calculation
Operating profit margin = 100 × (Income from operationsQ2 2020 + Income from operationsQ1 2020 + Income from operationsQ4 2019 + Income from operationsQ3 2019) ÷ (Net salesQ2 2020 + Net salesQ1 2020 + Net salesQ4 2019 + Net salesQ3 2019)
= 100 × (932 + 1,042 + 864 + 802) ÷ (3,957 + 4,162 + 3,754 + 3,562) = 23.58%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Applied Materials Inc.’s operating profit margin ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.

Net Profit Margin

Applied Materials Inc., net profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Apr 26, 2020 Jan 26, 2020 Oct 27, 2019 Jul 28, 2019 Apr 28, 2019 Jan 27, 2019 Oct 28, 2018 Jul 29, 2018 Apr 29, 2018 Jan 28, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Oct 25, 2015 Jul 26, 2015 Apr 26, 2015 Jan 25, 2015 Oct 26, 2014 Jul 27, 2014 Apr 27, 2014 Jan 26, 2014
Selected Financial Data (US$ in millions)
Net income 755  892  698  571  666  771  876  1,173  1,129  135  982  925  824  703  610  505  320  286  336  329  364  348  256  301  262  253 
Net sales 3,957  4,162  3,754  3,562  3,539  3,753  4,014  4,468  4,567  4,204  3,969  3,744  3,546  3,278  3,297  2,821  2,450  2,257  2,368  2,490  2,442  2,359  2,264  2,265  2,353  2,190 
Profitability Ratio
Net profit margin1 18.89% 18.83% 18.52% 19.40% 22.10% 23.50% 19.20% 19.87% 19.24% 18.53% 23.62% 22.08% 20.41% 18.05% 15.90% 14.62% 13.29% 13.76% 14.26% 13.57% 13.60% 12.63% 11.82%
Benchmarks
Net Profit Margin, Competitors2
Advanced Micro Devices Inc. 6.72% 5.07% 3.47% 3.25% 4.46% 5.20% 5.51% 5.04% 3.29% 0.81% -1.39% -11.82% -10.42% -11.63% -13.29% -8.74% -15.53% -16.54%
Analog Devices Inc. 20.05% 21.06% 22.75% 24.71% 25.18% 25.42% 24.12% 22.95% 17.72% 13.80% 14.24% 14.79% 20.90% 25.14% 25.18% 19.49% 19.11% 19.89% 20.29%
Apple Inc. 21.35% 21.49% 21.24% 21.50% 22.12% 22.72% 22.41% 21.98% 21.55% 21.12% 21.09% 20.87% 20.74% 20.73% 21.19% 21.70% 22.27% 22.87% 22.85% 22.62% 22.53% 22.25% 21.61%
Broadcom Inc. 10.97% 11.64% 12.05% 13.44% 15.92% 30.50% 58.80% 57.66% 55.79% 40.81% 9.59% 3.12% -1.54% -12.03% -13.13% -6.20% -1.58% 19.97% 19.99% 16.28% 10.90% 9.24% 6.16%
Cisco Systems Inc. 21.44% 21.15% 22.39% 25.76% 25.31% 2.52% 0.22% -2.61% -3.00% 20.26% 20.02% 20.61% 20.24% 21.73% 21.81% 20.72% 20.84% 19.32% 18.27% 18.30% 18.00% 16.25% 16.66%
Intel Corp. 30.02% 29.25% 27.46% 28.05% 29.04% 29.72% 21.91% 20.06% 17.32% 15.30% 22.31% 20.60% 18.57% 17.37% 17.90% 17.84% 20.39% 20.63%
Lam Research Corp. 21.67% 22.38% 22.70% 25.64% 26.70% 21.26% 21.49% 18.32% 17.60% 22.85% 21.19% 19.82% 15.67% 15.02% 15.53% 13.51% 14.39% 14.07% 12.47%
Micron Technology Inc. 11.72% 17.01% 26.97% 37.36% 43.56% 46.82% 46.51% 43.36% 38.68% 32.77% 25.04% 14.66% 4.68% -2.32% -2.23% 2.86% 7.80% 14.04% 17.90% 21.27% 22.97% 21.85% 18.61%
NVIDIA Corp. 26.92% 30.67% 35.34% 37.79% 36.22% 34.45% 31.37% 28.78% 27.41% 26.05% 24.11% 19.86% 16.97% 13.32% 12.26% 12.33% 11.01% 13.28% 13.47%
Qualcomm Inc. 16.36% 17.31% 18.07% 13.41% 11.57% 10.03% -21.40% -18.40% -20.15% -18.64% 11.06% 17.26% 19.25% 20.56% 24.22% 22.64% 21.70% 20.02% 20.85% 23.02% 26.04% 29.91% 30.08%
Texas Instruments Inc. 35.23% 34.88% 35.16% 34.98% 34.84% 35.35% 29.62% 28.08% 26.39% 24.61% 29.98% 29.03% 28.20% 26.89% 25.74% 24.53% 23.65% 22.97%

Based on: 10-Q (filing date: 2020-05-21), 10-Q (filing date: 2020-02-20), 10-K (filing date: 2019-12-13), 10-Q (filing date: 2019-08-22), 10-Q (filing date: 2019-05-23), 10-Q (filing date: 2019-02-21), 10-K (filing date: 2018-12-13), 10-Q (filing date: 2018-08-23), 10-Q (filing date: 2018-05-24), 10-Q (filing date: 2018-02-22), 10-K (filing date: 2017-12-15), 10-Q (filing date: 2017-08-24), 10-Q (filing date: 2017-05-25), 10-Q (filing date: 2017-02-23), 10-K (filing date: 2016-12-15), 10-Q (filing date: 2016-08-25), 10-Q (filing date: 2016-05-26), 10-Q (filing date: 2016-02-25), 10-K (filing date: 2015-12-09), 10-Q (filing date: 2015-08-20), 10-Q (filing date: 2015-05-21), 10-Q (filing date: 2015-02-19), 10-K (filing date: 2014-12-17), 10-Q (filing date: 2014-08-21), 10-Q (filing date: 2014-05-22), 10-Q (filing date: 2014-02-20).

1 Q2 2020 Calculation
Net profit margin = 100 × (Net incomeQ2 2020 + Net incomeQ1 2020 + Net incomeQ4 2019 + Net incomeQ3 2019) ÷ (Net salesQ2 2020 + Net salesQ1 2020 + Net salesQ4 2019 + Net salesQ3 2019)
= 100 × (755 + 892 + 698 + 571) ÷ (3,957 + 4,162 + 3,754 + 3,562) = 18.89%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Applied Materials Inc.’s net profit margin ratio improved from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.

Return on Equity (ROE)

Applied Materials Inc., ROE calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Apr 26, 2020 Jan 26, 2020 Oct 27, 2019 Jul 28, 2019 Apr 28, 2019 Jan 27, 2019 Oct 28, 2018 Jul 29, 2018 Apr 29, 2018 Jan 28, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Oct 25, 2015 Jul 26, 2015 Apr 26, 2015 Jan 25, 2015 Oct 26, 2014 Jul 27, 2014 Apr 27, 2014 Jan 26, 2014
Selected Financial Data (US$ in millions)
Net income 755  892  698  571  666  771  876  1,173  1,129  135  982  925  824  703  610  505  320  286  336  329  364  348  256  301  262  253 
Stockholders’ equity 9,024  8,660  8,214  8,116  8,201  8,209  6,839  6,825  7,042  8,506  9,349  8,716  8,212  7,687  7,217  6,819  6,565  7,168  7,613  7,977  8,351  8,072  7,868  7,684  7,475  7,241 
Profitability Ratio
ROE1 32.31% 32.64% 32.94% 35.53% 42.51% 48.11% 48.44% 50.10% 45.03% 33.69% 36.73% 35.13% 32.17% 27.81% 23.85% 21.22% 19.36% 18.35% 18.09% 16.26% 15.20% 14.46% 13.62%
Benchmarks
ROE, Competitors2
Advanced Micro Devices Inc. 16.04% 12.06% 9.60% 10.05% 15.21% 26.62% 32.00% 37.43% 27.55% 7.04% -13.27% -130.94% -112.71% -119.47% -142.34%
Analog Devices Inc. 9.59% 10.37% 11.64% 12.88% 13.37% 13.66% 13.61% 12.99% 10.06% 7.52% 7.16% 6.81% 8.40% 17.23% 16.68% 13.28% 13.29% 13.67% 13.74%
Apple Inc. 72.96% 64.25% 61.06% 57.74% 54.01% 50.41% 55.56% 48.82% 42.02% 36.04% 36.07% 35.23% 34.11% 34.15% 35.62% 37.77% 38.85% 41.89% 44.74% 40.37% 37.06% 36.05% 35.42%
Broadcom Inc. 10.48% 10.83% 10.92% 13.91% 15.66% 27.99% 45.99% 42.53% 34.18% 29.66% 8.34% 2.67% -1.29% -9.86% -9.20% -3.48% -0.71% 27.14% 28.94% 24.99% 16.40% 13.23% 8.11%
Cisco Systems Inc. 31.11% 31.95% 34.62% 35.91% 31.54% 2.88% 0.25% -2.72% -2.78% 14.77% 14.53% 15.29% 15.41% 16.77% 16.89% 16.43% 16.98% 15.98% 15.04% 15.15% 14.99% 13.55% 13.86%
Intel Corp. 29.78% 27.16% 26.05% 26.35% 27.93% 28.24% 21.22% 18.97% 15.81% 13.91% 19.52% 18.52% 16.81% 15.58% 16.43% 16.46% 18.76% 18.70%
Lam Research Corp. 47.26% 43.02% 46.89% 50.48% 50.17% 43.65% 36.62% 27.72% 27.38% 27.84% 24.90% 21.20% 15.62% 14.38% 15.51% 13.81% 15.29% 14.99% 12.85%
Micron Technology Inc. 6.20% 9.62% 17.59% 28.53% 37.78% 43.55% 43.77% 42.51% 38.92% 33.68% 27.33% 15.78% 4.82% -2.45% -2.28% 2.99% 8.73% 17.09% 23.57% 28.72% 31.33% 31.60% 28.27%
NVIDIA Corp. 26.53% 33.91% 44.33% 49.54% 48.91% 49.03% 40.78% 40.66% 38.29% 32.05% 28.91% 22.90% 20.60% 16.40% 13.74% 13.42% 12.57% 13.79% 14.27%
Qualcomm Inc. 132.94% 94.02% 89.35% 62.00% 63.55% 59.64% -524.14% -18.22% -19.12% -17.43% 8.02% 12.45% 14.27% 15.66% 17.95% 16.86% 16.56% 15.86% 16.78% 18.38% 18.92% 20.77% 20.34%
Texas Instruments Inc. 64.31% 56.33% 57.72% 62.82% 63.75% 62.04% 44.55% 41.38% 38.07% 35.62% 39.91% 38.46% 36.48% 34.33% 32.90% 31.76% 31.09% 30.02%

Based on: 10-Q (filing date: 2020-05-21), 10-Q (filing date: 2020-02-20), 10-K (filing date: 2019-12-13), 10-Q (filing date: 2019-08-22), 10-Q (filing date: 2019-05-23), 10-Q (filing date: 2019-02-21), 10-K (filing date: 2018-12-13), 10-Q (filing date: 2018-08-23), 10-Q (filing date: 2018-05-24), 10-Q (filing date: 2018-02-22), 10-K (filing date: 2017-12-15), 10-Q (filing date: 2017-08-24), 10-Q (filing date: 2017-05-25), 10-Q (filing date: 2017-02-23), 10-K (filing date: 2016-12-15), 10-Q (filing date: 2016-08-25), 10-Q (filing date: 2016-05-26), 10-Q (filing date: 2016-02-25), 10-K (filing date: 2015-12-09), 10-Q (filing date: 2015-08-20), 10-Q (filing date: 2015-05-21), 10-Q (filing date: 2015-02-19), 10-K (filing date: 2014-12-17), 10-Q (filing date: 2014-08-21), 10-Q (filing date: 2014-05-22), 10-Q (filing date: 2014-02-20).

1 Q2 2020 Calculation
ROE = 100 × (Net incomeQ2 2020 + Net incomeQ1 2020 + Net incomeQ4 2019 + Net incomeQ3 2019) ÷ Stockholders’ equity
= 100 × (755 + 892 + 698 + 571) ÷ 9,024 = 32.31%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Applied Materials Inc.’s ROE deteriorated from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.

Return on Assets (ROA)

Applied Materials Inc., ROA calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Apr 26, 2020 Jan 26, 2020 Oct 27, 2019 Jul 28, 2019 Apr 28, 2019 Jan 27, 2019 Oct 28, 2018 Jul 29, 2018 Apr 29, 2018 Jan 28, 2018 Oct 29, 2017 Jul 30, 2017 Apr 30, 2017 Jan 29, 2017 Oct 30, 2016 Jul 31, 2016 May 1, 2016 Jan 31, 2016 Oct 25, 2015 Jul 26, 2015 Apr 26, 2015 Jan 25, 2015 Oct 26, 2014 Jul 27, 2014 Apr 27, 2014 Jan 26, 2014
Selected Financial Data (US$ in millions)
Net income 755  892  698  571  666  771  876  1,173  1,129  135  982  925  824  703  610  505  320  286  336  329  364  348  256  301  262  253 
Total assets 21,815  19,767  19,024  18,805  18,775  18,922  17,773  17,883  18,498  19,663  19,419  19,078  18,240  15,244  14,588  13,699  13,075  13,326  15,308  13,153  13,587  13,073  13,174  12,851  12,555  12,199 
Profitability Ratio
ROA1 13.37% 14.30% 14.22% 15.34% 18.57% 20.87% 18.64% 19.12% 17.14% 14.58% 17.68% 16.05% 14.48% 14.03% 11.80% 10.56% 9.72% 9.87% 9.00% 9.86% 9.34% 8.93% 8.14%
Benchmarks
ROA, Competitors2
Advanced Micro Devices Inc. 8.30% 5.66% 3.98% 3.74% 5.52% 7.40% 8.28% 8.02% 5.24% 1.21% -1.92% -16.20% -13.97% -14.97% -15.15% -10.22% -19.76% -21.23%
Analog Devices Inc. 5.21% 5.67% 6.37% 7.04% 7.21% 7.25% 7.31% 6.86% 5.12% 3.73% 3.44% 3.20% 3.14% 8.96% 10.81% 8.61% 8.56% 8.98% 9.87%
Apple Inc. 17.86% 16.89% 16.32% 17.28% 16.72% 15.90% 16.28% 16.07% 14.51% 12.42% 12.88% 13.52% 13.67% 13.65% 14.20% 15.64% 16.60% 18.32% 18.38% 18.57% 18.30% 16.98% 17.04%
Broadcom Inc. 3.08% 3.26% 4.04% 4.29% 4.90% 9.01% 24.46% 23.18% 19.95% 14.09% 3.11% 1.06% -0.50% -3.78% -3.48% -1.36% -0.27% 12.90% 12.88% 10.71% 6.32% 4.49% 2.51%
Cisco Systems Inc. 12.22% 11.89% 11.88% 13.59% 12.56% 1.20% 0.10% -1.11% -1.10% 7.42% 7.40% 7.94% 7.79% 8.42% 8.83% 8.63% 9.17% 8.57% 7.91% 8.39% 8.25% 7.39% 7.47%
Intel Corp. 15.39% 15.42% 14.46% 15.10% 15.89% 16.45% 11.83% 10.55% 8.62% 7.79% 10.90% 10.41% 9.71% 9.10% 9.24% 9.19% 10.88% 11.08%
Lam Research Corp. 17.37% 17.21% 18.26% 20.71% 26.95% 21.20% 19.08% 13.80% 13.03% 16.33% 14.00% 12.04% 8.67% 7.04% 7.45% 7.84% 8.71% 8.37% 7.00%
Micron Technology Inc. 4.63% 7.07% 12.91% 21.77% 27.50% 33.08% 32.59% 29.10% 24.24% 20.40% 14.40% 7.67% 2.13% -1.08% -1.00% 1.35% 4.32% 8.62% 12.01% 14.23% 16.34% 16.37% 13.53%
NVIDIA Corp. 18.56% 23.47% 31.15% 34.37% 33.40% 33.02% 27.11% 26.28% 24.32% 20.88% 16.93% 12.68% 12.37% 9.68% 8.33% 8.35% 7.54% 8.61% 8.76%
Qualcomm Inc. 12.67% 12.81% 13.31% 9.92% 7.22% 6.30% -14.88% -6.77% -7.10% -6.48% 3.77% 6.05% 7.98% 9.34% 10.90% 10.18% 9.80% 9.55% 10.38% 11.67% 15.17% 16.64% 16.40%
Texas Instruments Inc. 28.78% 27.84% 28.82% 30.67% 31.14% 32.56% 25.22% 23.75% 23.14% 20.87% 25.90% 25.05% 24.29% 21.88% 20.87% 20.16% 19.39% 18.40%

Based on: 10-Q (filing date: 2020-05-21), 10-Q (filing date: 2020-02-20), 10-K (filing date: 2019-12-13), 10-Q (filing date: 2019-08-22), 10-Q (filing date: 2019-05-23), 10-Q (filing date: 2019-02-21), 10-K (filing date: 2018-12-13), 10-Q (filing date: 2018-08-23), 10-Q (filing date: 2018-05-24), 10-Q (filing date: 2018-02-22), 10-K (filing date: 2017-12-15), 10-Q (filing date: 2017-08-24), 10-Q (filing date: 2017-05-25), 10-Q (filing date: 2017-02-23), 10-K (filing date: 2016-12-15), 10-Q (filing date: 2016-08-25), 10-Q (filing date: 2016-05-26), 10-Q (filing date: 2016-02-25), 10-K (filing date: 2015-12-09), 10-Q (filing date: 2015-08-20), 10-Q (filing date: 2015-05-21), 10-Q (filing date: 2015-02-19), 10-K (filing date: 2014-12-17), 10-Q (filing date: 2014-08-21), 10-Q (filing date: 2014-05-22), 10-Q (filing date: 2014-02-20).

1 Q2 2020 Calculation
ROA = 100 × (Net incomeQ2 2020 + Net incomeQ1 2020 + Net incomeQ4 2019 + Net incomeQ3 2019) ÷ Total assets
= 100 × (755 + 892 + 698 + 571) ÷ 21,815 = 13.37%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Applied Materials Inc.’s ROA improved from Q4 2019 to Q1 2020 but then deteriorated significantly from Q1 2020 to Q2 2020.