Applied Materials (AMAT) Return on Capital Employed [ROCE] (2009 - 2026)
Applied Materials' Return on Capital Employed [ROCE] came in at 28.98% for fiscal Q3 2026 (quarter ended Jul 26, 2026), down 4.14 percentage points from 33.12% a year earlier but up 1.28 percentage points from the prior quarter.
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Analysis
Applied Materials (AMAT) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025 (ended Oct 26, 2025), Applied Materials' Return on Capital Employed [ROCE] was 30.30%, down 2.34 percentage points from FY2024.
- Return on Capital Employed [ROCE] has declined in each of the last three fiscal years, though with a five-year change of +3.41 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Return on Capital Employed [ROCE] was 32.64% in FY2024 (-3.20 pp), 35.84% in FY2023 (-5.37 pp), 41.21% in FY2022 (+2.39 pp) and 38.82% in FY2021 (+11.93 pp).
- The five-year range for quarterly Return on Capital Employed [ROCE] is 27.19% (fiscal Q1 2026) to 42.02% (fiscal Q2 2022).
- Year-over-year, Return on Capital Employed [ROCE] has declined for four consecutive quarters, with an average year-over-year change of -1.47 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in fiscal Q2 2022 (a gain of 14.19 percentage points), and the weakest in fiscal Q4 2023 (a drop of 7.86 percentage points).
- Business Quant data shows AMAT's Return on Capital Employed [ROCE] at 27.69% (Q2 2026), 27.19% (Q1 2026) and 30.41% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 80.04% |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 8.47% |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 26.30% |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 60.25% |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 9.27% |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | -0.05% |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 50.54% |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 28.98% |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | 9.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 28.98% |
| Apr 26, 2026 | 27.69% |
| Jan 25, 2026 | 27.19% |
| Oct 26, 2025 | 30.41% |
| Jul 27, 2025 | 33.12% |
| Apr 27, 2025 | 32.69% |
| Jan 26, 2025 | 30.89% |
| Oct 27, 2024 | 30.78% |
| Jul 28, 2024 | 30.47% |
| Apr 28, 2024 | 30.78% |
| Jan 28, 2024 | 31.80% |
| Oct 29, 2023 | 32.99% |
| Jul 30, 2023 | 35.66% |
| Apr 30, 2023 | 37.76% |
| Jan 29, 2023 | 38.73% |
| Oct 30, 2022 | 40.85% |
| Jul 31, 2022 | 41.14% |
| May 1, 2022 | 42.02% |
| Jan 30, 2022 | 39.16% |
| Oct 31, 2021 | 36.63% |
API Access
Applied Materials Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=AMAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=AMAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();