Applied Materials (AMAT) Interest Coverage Ratio (2009 - 2026)
Applied Materials' (AMAT) Interest Coverage Ratio stood at 45.22 in fiscal Q3 2026 (quarter ended Jul 26, 2026), up 33.7% from 33.83 a year earlier and up 23.7% from the prior quarter.
Applied Materials (AMAT) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Applied Materials' Interest Coverage Ratio came in at 33.00 as of Jul 26, 2026, up 1.0% year-over-year; for FY2025 (ended Oct 26, 2025), it was 30.81, down 3.3% from FY2024.
- Annual Interest Coverage Ratio has declined for three straight fiscal years.
- Across earlier fiscal years, Interest Coverage Ratio came in at 31.85 in FY2024 (-1.0%), 32.16 in FY2023 (-5.8%), 34.16 in FY2022 (+17.0%) and 29.19 in FY2021 (+60.5%).
- The fiscal Q3 2026 figure is the highest quarterly Interest Coverage Ratio since fiscal Q2 2011.
- On a year-over-year basis, Interest Coverage Ratio rose in four of the last eight quarters, with growth averaging 0.7%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 64.8% in fiscal Q1 2022, against a decline of 22.2% in fiscal Q4 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 36.57 (Q2 2026), 26.54 (Q1 2026) and 24.11 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,503.96 Bn | 5,278.12 Bn | 72.14 Bn | - |
| 2 | Taiwan Semiconductor Manufacturing | 2,366.45 Bn | 1,992.15 Bn | 27.22 Bn | 248.49 |
| 3 | Broadcom | 1,676.58 Bn | 1,602.63 Bn | 20.46 Bn | 20.51 |
| 4 | Micron Technology | 1,202.51 Bn | 1,141.27 Bn | 35.06 Bn | - |
| 5 | Advanced Micro Devices | 998.39 Bn | 955.14 Bn | 6.20 Bn | 53.78 |
| 6 | Asml Holding | 698.25 Bn | 654.08 Bn | 5.90 Bn | - |
| 7 | Intel | 606.32 Bn | 491.05 Bn | 6.51 Bn | - |
| 8 | Lam Research | 411.06 Bn | 387.85 Bn | 3.48 Bn | - |
| 9 | Applied Materials | 405.83 Bn | 371.27 Bn | 4.59 Bn | 45.22 |
| 10 | Arm Holdings | 307.33 Bn | 293.04 Bn | 1.25 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 45.22 |
| Apr 26, 2026 | 36.57 |
| Jan 25, 2026 | 26.54 |
| Oct 26, 2025 | 24.11 |
| Jul 27, 2025 | 33.83 |
| Apr 27, 2025 | 31.90 |
| Jan 26, 2025 | 33.98 |
| Oct 27, 2024 | 31.00 |
| Jul 28, 2024 | 30.83 |
| Apr 28, 2024 | 32.41 |
| Jan 28, 2024 | 33.34 |
| Oct 29, 2023 | 33.98 |
| Jul 30, 2023 | 30.03 |
| Apr 30, 2023 | 31.33 |
| Jan 29, 2023 | 33.39 |
| Oct 30, 2022 | 34.98 |
| Jul 31, 2022 | 34.36 |
| May 1, 2022 | 32.66 |
| Jan 30, 2022 | 34.67 |
| Oct 31, 2021 | 35.33 |
Applied Materials Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=AMAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "AMAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=AMAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();