Head-to-head · free
Applied Materials, Inc. vs NVIDIA
AMAT vs NVDA — return on capital, cash generation, margins and balance sheet side by side.
AMAT
1 / 10
measures where AMAT leads
NVDA
9 / 10
measures where NVDA leads
A simple count of which company scores better on each measure — not a recommendation to buy or sell.
| Measure | AMAT · FY2025 | NVDA · FY2026 |
|---|---|---|
| Revenue | $28.4B | $215.9B |
| Net income | $7.0B | $120.1B |
| Revenue growth (yearly, multi-year) | 5.3% | 68.3% |
| Free cash flow | $5.7B | $96.7B |
| Free cash flow margin | 20.1% | 44.8% |
| Net cash / (debt) | — | (807.0M) |
| ROIC | 23.2% | 84.7% |
| Return on equity | 35.5% | 101.5% |
| Gross margin | 48.7% | 71.1% |
| Operating margin | 29.9% | 60.4% |
| Net debt / EBITDA | -0.08x | -0.02x |
Figures are as reported by each company; latest fiscal year shown.
Where Applied Materials, Inc.'s cash went (FY2025)
- Capital spending
- $2.3B
- Buybacks
- —
- Dividends
- —
- Acquisitions
- —
- Net debt issued / (repaid)
- —
Where NVIDIA's cash went (FY2026)
- Capital spending
- $6.0B
- Buybacks
- $40.1B
- Dividends
- $974.0M
- Acquisitions
- $1.5B
- Net debt issued / (repaid)
- $0
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