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FCF Margin for Applied Materials (AMAT)

As of · Reported

Metric

TTM

20.6%

YoY change

−7.46pp

Trough year (1990)

-12.1%

Peak year (2023)

28.6%

FCF Margin history chart for Applied Materials (AMAT) from 1989 to 2025

Latest: 20.1%

FCF Margin change chart for Applied Materials (AMAT) from 1989 to 2025

Latest: −7.46pp

FCF Margin history table for Applied Materials (AMAT) from 1989 to 2025

  • 202520.1%-7.46pp
  • 202427.6%-1.09pp
  • 202328.6%+10.75pp
  • 202217.9%-2.81pp
  • 202120.7%+1.04pp
  • 202019.7%+0.45pp
  • 201919.2%+0.26pp
  • 201818.9%-3.26pp
  • 201722.2%+1.76pp
  • 201620.4%+10.63pp
  • 20159.8%-7.37pp
  • 201417.2%+11.51pp
  • 20135.7%-13.70pp
  • 201219.4%-1.71pp
  • 201121.1%+4.81pp
  • 201016.3%+14.58pp
  • 20091.7%-15.80pp
  • 200817.5%-2.48pp
  • 200720.0%+0.82pp
  • 200619.2%+4.18pp
  • 200515.0%-2.95pp
  • 200417.9%+5.95pp
  • 200312.0%+10.50pp
  • 20021.5%-10.36pp
  • 200111.8%-1.42pp
  • 200013.3%-1.75pp
  • 199915.0%+5.91pp
  • 19989.1%+0.21pp
  • 19978.9%+3.11pp
  • 19965.8%+9.79pp
  • 1995-4.0%+0.17pp
  • 1994-4.2%-5.81pp
  • 19931.6%+2.61pp
  • 1992-1.0%+3.48pp
  • 1991-4.5%+7.65pp
  • 1990-12.1%-6.63pp
  • 1989-5.5%—

FCF Margin values are taken from Applied Materials's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About FCF Margin at Applied Materials (AMAT)

According to Applied Materials's latest reported financial statements, the company's latest reported free cash flow margin is 20.6%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

The 2025 reading of Applied Materials (AMAT) free cash flow margin is 20.09% – contracted 7.5 percentage points year-over-year.

2023 marks the peak free cash flow margin at 28.64%, with the historical low of -12.11% recorded in 1990.

Applied Materials FCF Margin by Year

Applied Materials FCF Margin 2025: 20.1%

Applied Materials free cash flow margin in 2025 was 20.09%, contracted 7.5 percentage points from 2024.

Applied Materials FCF Margin 2024: 27.6%

2024's free cash flow margin for Applied Materials came in at 27.55%, contracted 1.1 percentage points from 2023.

Applied Materials FCF Margin 2023: 28.6%

Applied Materials posted free cash flow margin of 28.64% in 2023, expanded 10.8 percentage points from 2022. This figure represents the highest annual value in the available history.

Applied Materials FCF Margin 2022: 17.9%

In 2022, Applied Materials reported free cash flow margin of 17.89%, contracted 2.8 percentage points from 2021.

Applied Materials FCF Margin 2021: 20.7%

Applied Materials free cash flow margin in 2021 was 20.70%.

See more financial history for Applied Materials (AMAT).

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