Applied Materials, Inc. (AMAT) vs Amazon.com, Inc. (AMZN)

A side-by-side comparison of Applied Materials, Inc. and Amazon.com, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: AMAT is classified in Technology; AMZN is classified in Consumer Cyclical. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnAMAT vs AMZN

growth of $100 · dividends reinvested · last 29y
AMAT +9476.3%AMZN +236212.4%AMZN compounded faster
Log scale — wide-divergence pair
101001k10k100k1MStart $10020022007201220172022$9,576$236,312
AMAT AMZN

AMAT vs AMZN: by the numbers

  • AMZN is the larger company ($2.48T vs $378.29B market cap).
  • AMZN trades at the lower trailing earnings multiple (27.68 vs 48.58 P/E), one valuation lens rather than an overall verdict.
  • AMAT converts more revenue to profit (29.31% vs 12.22% net margin).
  • AMZN grew revenue faster over the past five years (12.13% vs 9.33% CAGR).
  • AMAT pays a dividend (0.37% yield), while AMZN has no payments in the available dividend history.

Metrics side by side

Valuation

MetricAMATAMZN
P/E ratio48.5827.68
Forward P/E42.0926.18
P/S ratio14.233.39
P/B ratio17.275.69
PEG ratio76.841.10
EV / EBITDA45.6616.84
FCF yield1.44%N/A

Profitability

MetricAMATAMZN
Gross margin48.96%50.60%
Operating margin29.51%11.50%
Net margin29.31%12.22%
ROE35.58%20.55%
ROIC21.96%10.70%

Dividends

MetricAMATAMZN
Dividend yield0.37%N/A
Payout ratio21.93%N/A

Growth (annualized)

MetricAMATAMZN
Revenue CAGR (5Y)9.33%12.13%
EPS CAGR (5Y)17.13%27.90%
FCF CAGR (5Y)9.02%-21.57%
Total return CAGR (5Y)31.94%5.00%

Frequently asked

Which has the lower trailing P/E, AMAT or AMZN?
AMZN has the lower trailing P/E: AMAT trades at 48.58 and AMZN at 27.68. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMAT or AMZN?
Over the past five years, AMZN grew revenue faster — AMAT at a 9.33% CAGR versus AMZN at 12.13%.
Does AMAT or AMZN pay a bigger dividend?
AMAT pays a dividend (0.37% yield), while AMZN has no payments in the available dividend history.
Is AMAT or AMZN more profitable?
AMAT runs the higher net margin — AMAT at 29.31% versus AMZN at 12.22%.
How have AMAT and AMZN total returns compared?
Over the past 10 years, AMAT delivered 35.87% and AMZN delivered 20.18% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 28, 2026.