Applied Materials, Inc. (AMAT) vs Costco Wholesale Corporation (COST)

A side-by-side comparison of Applied Materials, Inc. and Costco Wholesale Corporation 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; COST is classified in Consumer Defensive. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnAMAT vs COST

growth of $100 · dividends reinvested · last 30y
AMAT +24231.5%COST +11175.1%AMAT compounded faster
010k20kStart $100200120062011201620212026$24,332$11,275
AMAT COST

AMAT vs COST: by the numbers

  • COST is the larger company ($428.66B vs $378.29B market cap).
  • COST trades at the lower trailing earnings multiple (47.87 vs 48.58 P/E), one valuation lens rather than an overall verdict.
  • AMAT converts more revenue to profit (29.31% vs 3.01% net margin).
  • COST grew revenue faster over the past five years (9.48% vs 9.33% CAGR).
  • COST pays the higher dividend yield (0.56% vs 0.37%).

Metrics side by side

Valuation

MetricAMATCOST
P/E ratio48.5847.87
Forward P/E42.0946.33
P/S ratio14.231.44
P/B ratio17.2712.62
PEG ratio76.845.23
EV / EBITDA45.6629.89
FCF yield1.44%2.08%

Profitability

MetricAMATCOST
Gross margin48.96%12.88%
Operating margin29.51%3.82%
Net margin29.31%3.01%
ROE35.58%26.38%
ROIC21.96%19.44%

Dividends

MetricAMATCOST
Dividend yield0.37%0.56%
Payout ratio21.93%29.44%

Growth (annualized)

MetricAMATCOST
Revenue CAGR (5Y)9.33%9.48%
EPS CAGR (5Y)17.13%15.04%
FCF CAGR (5Y)9.02%4.95%
Total return CAGR (5Y)31.94%18.31%

Frequently asked

Which has the lower trailing P/E, AMAT or COST?
COST has the lower trailing P/E: AMAT trades at 48.58 and COST at 47.87. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMAT or COST?
Over the past five years, COST grew revenue faster — AMAT at a 9.33% CAGR versus COST at 9.48%.
Does AMAT or COST pay a bigger dividend?
AMAT yields 0.37% and COST yields 0.56% based on trailing dividends and the latest price.
Is AMAT or COST more profitable?
AMAT runs the higher net margin — AMAT at 29.31% versus COST at 3.01%.
How have AMAT and COST total returns compared?
Over the past 10 years, AMAT delivered 35.87% and COST delivered 20.06% 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.