Head-to-head · free

Apple vs Applied Materials, Inc.

AAPL vs AMAT — return on capital, cash generation, margins and balance sheet side by side.

AAPL

8 / 10

measures where AAPL leads

AMAT

2 / 10

measures where AMAT leads

A simple count of which company scores better on each measure — not a recommendation to buy or sell.

MeasureAAPL · FY2026AMAT · FY2025
Revenue$478.8B$28.4B
Net income$132.2B$7.0B
Revenue growth (yearly, multi-year)5.0%5.3%
Free cash flow$136.1B$5.7B
Free cash flow margin28.4%20.1%
Net cash / (debt)——
ROIC68.5%23.2%
Return on equity142.3%35.5%
Gross margin48.8%48.7%
Operating margin33.0%29.9%
Net debt / EBITDA0.26x-0.08x

Figures are as reported by each company; latest fiscal year shown.

Where Apple's cash went (FY2026)

Capital spending
$9.0B
Buybacks
—
Dividends
—
Acquisitions
—
Net debt issued / (repaid)
—
Full AAPL profile →

Where Applied Materials, Inc.'s cash went (FY2025)

Capital spending
$2.3B
Buybacks
—
Dividends
—
Acquisitions
—
Net debt issued / (repaid)
—
Full AMAT profile →

Ask which business is stronger

"Which one reinvests at higher returns?" "Who carries more risk in its filings?" Get answers drawn straight from both companies' filings.

Compare them free

More comparisons