Is AMAT or ARM cheaper?

On trailing earnings, AMAT is cheaper: AMAT trades at a 53.31 P/E and ARM at 453.35.

Which has grown faster, AMAT or ARM?

Over the past five years, ARM grew revenue faster — AMAT at a 9.33% CAGR versus ARM at 19.41%.

Does AMAT or ARM pay a bigger dividend?

AMAT pays a dividend (0.34% yield) while ARM does not currently pay one.

Is AMAT or ARM more profitable?

AMAT runs the higher net margin — AMAT at 29.31% versus ARM at 18.37%.

Applied Materials, Inc. (AMAT) vs Arm Holdings plc American Depositary Shares (ARM)

AMAT leads on 11 of 14 compared metrics.

A side-by-side comparison of Applied Materials, Inc. and Arm Holdings plc American Depositary Shares across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

AMAT

Applied Materials, Inc.

$450.37B

$567.25Technology

ARM

Arm Holdings plc American Depositary Shares

$405.18B

$380.81Technology

Total return — AMAT vs ARM

growth of $100 · last 3y

AMAT +310.3%ARM +526.8%ARM compounded faster

AMAT ARM

AMAT vs ARM: by the numbers

•AMAT is the larger company ($450.37B vs $405.18B market cap).
•AMAT trades at the lower earnings multiple (53.31 vs 453.35 P/E).
•AMAT converts more revenue to profit (29.31% vs 18.37% net margin).
•ARM grew revenue faster over the past five years (19.41% vs 9.33% CAGR).
•AMAT pays a dividend (0.34% yield) while ARM does not currently pay one.

Which is better, AMAT or ARM?

Metric tally: AMAT 11 · ARM 3

It depends on what you're optimizing for:

ValueAMAT(lower P/E)

GrowthARM(faster 5Y revenue CAGR)

QualityAMAT(higher ROIC)

Valuation

Metric	AMAT	ARM
P/E ratio	53.31●	453.35
Forward P/E	46.38●	126.31
P/S ratio	15.62●	82.66
P/B ratio	18.96●	49.08
PEG ratio	76.90	13.32●
EV / EBITDA	42.42●	287.61
FCF yield	1.32%●	0.24%

Profitability

Metric	AMAT	ARM
Gross margin	48.96%	94.63%●
Operating margin	29.51%●	18.31%
Net margin	29.31%●	18.37%
ROE	35.58%●	10.91%
ROIC	21.96%●	7.31%

Dividends

Metric	AMAT	ARM
Dividend yield	0.34%	—
Payout ratio	21.93%	—

Growth (annualized)

Metric	AMAT	ARM
Revenue CAGR (5Y)	9.33%	19.41%●
EPS CAGR (5Y)	17.13%	17.47%
FCF CAGR (5Y)	9.02%●	-1.73%
Total return CAGR (5Y)	34.01%	—

Frequently asked

Which is better, AMAT or ARM?: It depends on your goal. value: AMAT (lower P/E); growth: ARM (faster 5Y revenue CAGR); quality: AMAT (higher ROIC). Across all compared metrics, AMAT leads 11 to 3.
Is AMAT or ARM cheaper?: On trailing earnings, AMAT is cheaper: AMAT trades at a 53.31 P/E and ARM at 453.35.
Which has grown faster, AMAT or ARM?: Over the past five years, ARM grew revenue faster — AMAT at a 9.33% CAGR versus ARM at 19.41%.
Does AMAT or ARM pay a bigger dividend?: AMAT pays a dividend (0.34% yield) while ARM does not currently pay one.
Is AMAT or ARM more profitable?: AMAT runs the higher net margin — AMAT at 29.31% versus ARM at 18.37%.

Go deeper

Full AMAT analysis Full ARM analysis Interactive comparison tool

Dig into the metrics

Applied Materials P/E ratio Arm Holdings plc American Depositary Shares P/E ratio Applied Materials dividend yield Arm Holdings plc American Depositary Shares dividend yield Applied Materials ROE Arm Holdings plc American Depositary Shares ROE Applied Materials operating margin Arm Holdings plc American Depositary Shares operating margin Applied Materials revenue growth Arm Holdings plc American Depositary Shares revenue growth Applied Materials free cash flow Arm Holdings plc American Depositary Shares free cash flow

Applied Materials & Arm Holdings plc American Depositary Shares appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks Best 10-Year Total Return Stocks

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 June 13, 2026.