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 26.00 percentage points from 54.98% a year earlier but up 1.28 percentage points from the prior quarter.
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 54.98% (fiscal Q3 2025).
- Year-over-year, Return on Capital Employed [ROCE] increased in two of the last four quarters, with an average year-over-year change of +4.20 percentage points.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in fiscal Q3 2025 (a gain of 24.50 percentage points), and the weakest in fiscal Q3 2026 (a drop of 26.00 percentage points).
- Business Quant data shows AMAT's Return on Capital Employed [ROCE] at 27.69% (Q2 2026), 27.19% (Q1 2026) and 51.30% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | SK hynix | 24,980.27 Bn | 24,964.04 Bn | 43.99 Bn | 52.74% |
| 2 | Taiwan Semiconductor Manufacturing | 10,337.48 Bn | 9,919.73 Bn | 31.04 Bn | 8.88% |
| 3 | Nvidia | 3,939.34 Bn | 3,713.50 Bn | 72.14 Bn | 80.04% |
| 4 | Broadcom | 1,653.85 Bn | 1,579.89 Bn | 20.46 Bn | 26.30% |
| 5 | Micron Technology | 880.27 Bn | 785.91 Bn | 47.05 Bn | 72.24% |
| 6 | Advanced Micro Devices | 875.86 Bn | 824.07 Bn | 7.21 Bn | 10.71% |
| 7 | Asml Holding | 576.26 Bn | 531.95 Bn | 5.90 Bn | - |
| 8 | Intel | 316.79 Bn | 179.50 Bn | 7.10 Bn | 0.99% |
| 9 | Applied Materials | 294.03 Bn | 294.03 Bn | 5.25 Bn | - |
| 10 | Lam Research | 282.21 Bn | 258.26 Bn | 4.30 Bn | 54.76% |
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 28.98% |
| Apr 26, 2026 | 27.69% |
| Jan 25, 2026 | 27.19% |
| Oct 26, 2025 | 51.30% |
| Jul 27, 2025 | 54.98% |
| 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% |
| Aug 1, 2021 | 32.14% |
| May 2, 2021 | 27.83% |
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_KEY
import 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();