Which has the lower trailing P/E, AMAT or ARM?

AMAT has the lower trailing P/E: AMAT trades at 36.43 and ARM at 256.19. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AMAT or ARM?

Over the past five years, ARM grew revenue faster — AMAT at a 8.81% CAGR versus ARM at 19.41%.

Does AMAT or ARM pay a bigger dividend?

AMAT pays a dividend (0.43% yield), while ARM has no payments in the available dividend history.

Is AMAT or ARM more profitable?

AMAT runs the higher net margin — AMAT at 30.05% versus ARM at 20.25%.

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

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 September 13, 2026. Differences are shown without an overall score or investment verdict.

AMAT

Applied Materials, Inc.

$335.51B

$422.58TechnologyDelayed quote: Sep 15, 2026, 10:20 AM EDT

ARM

Arm Holdings plc American Depositary Shares

$265.40B

$248.51TechnologyDelayed quote: Sep 15, 2026, 10:20 AM EDT

Total return — AMAT vs ARM

growth of $100 · dividends reinvested · last 3y

AMAT +205.1% (+45.0%/yr)ARM +335.9% (+63.3%/yr)ARM compounded faster over this window

AMAT ARM

AMAT vs ARM: by the numbers

•AMAT is the larger company ($335.51B vs $265.40B market cap).
•AMAT trades at the lower trailing earnings multiple (36.43 vs 256.19 P/E), one valuation lens rather than an overall verdict.
•AMAT converts more revenue to profit (30.05% vs 20.25% net margin).
•ARM grew revenue faster over the past five years (19.41% vs 8.81% CAGR).
•AMAT pays a dividend (0.43% yield), while ARM has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	AMAT	ARM
P/E ratio	36.43	256.19
Forward P/E	32.98	111.50
P/S ratio	10.88	51.47
P/B ratio	13.09	30.75
EV / EBITDA	33.82	227.36
FCF yield	1.68%	0.56%

Profitability

Metric	AMAT	ARM
Gross margin	49.40%	95.35%
Operating margin	30.50%	17.30%
Net margin	30.05%	20.25%
ROE	36.16%	12.10%
ROIC	23.58%	7.33%

Dividends

Metric	AMAT	ARM
Dividend yield	0.43%	N/A
Payout ratio	17.07%	N/A

Growth (annualized)

Metric	AMAT	ARM
Revenue CAGR (5Y)	8.81%	19.41%
EPS CAGR (5Y)	17.13%	17.47%
FCF CAGR (5Y)	5.66%	-1.73%
Total return CAGR (5Y)	28.29%	N/A

Frequently asked

Which has the lower trailing P/E, AMAT or ARM?: AMAT has the lower trailing P/E: AMAT trades at 36.43 and ARM at 256.19. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMAT or ARM?: Over the past five years, ARM grew revenue faster — AMAT at a 8.81% CAGR versus ARM at 19.41%.
Does AMAT or ARM pay a bigger dividend?: AMAT pays a dividend (0.43% yield), while ARM has no payments in the available dividend history.
Is AMAT or ARM more profitable?: AMAT runs the higher net margin — AMAT at 30.05% versus ARM at 20.25%.

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 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 Highest Operating Margin 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 September 13, 2026.