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

AMAT has the lower trailing P/E: AMAT trades at 47.16 and ARM at 285.35. 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 9.33% CAGR versus ARM at 19.41%.

Does AMAT or ARM pay a bigger dividend?

AMAT pays a dividend (0.38% 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 29.31% versus ARM at 18.37%.

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 July 31, 2026. Differences are shown without an overall score or investment verdict.

AMAT

Applied Materials, Inc.

$403.07B

$507.67TechnologyDelayed quote: Jul 31, 2026, 4:00 PM EDT

ARM

Arm Holdings plc American Depositary Shares

$255.03B

$239.69TechnologyDelayed quote: Jul 31, 2026, 4:00 PM EDT

Total return — AMAT vs ARM

growth of $100 · dividends reinvested · last 3y

AMAT +262.0%ARM +294.6%ARM compounded faster

AMAT ARM

AMAT vs ARM: by the numbers

•AMAT is the larger company ($403.07B vs $255.03B market cap).
•AMAT trades at the lower trailing earnings multiple (47.16 vs 285.35 P/E), one valuation lens rather than an overall verdict.
•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 (0.38% yield), while ARM has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	AMAT	ARM
P/E ratio	47.16	285.35
Forward P/E	40.85	136.75
P/S ratio	13.81	52.03
P/B ratio	16.77	30.89
PEG ratio	76.84	13.35
EV / EBITDA	44.32	220.60
FCF yield	1.49%	0.37%

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%	7.29%

Dividends

Metric	AMAT	ARM
Dividend yield	0.38%	N/A
Payout ratio	21.93%	N/A

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)	31.08%	N/A

Frequently asked

Which has the lower trailing P/E, AMAT or ARM?: AMAT has the lower trailing P/E: AMAT trades at 47.16 and ARM at 285.35. 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 9.33% CAGR versus ARM at 19.41%.
Does AMAT or ARM pay a bigger dividend?: AMAT pays a dividend (0.38% 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 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 Highest 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 July 31, 2026.