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

SNDK has the lower trailing P/E: AMAT trades at 39.20 and SNDK at 23.59. P/E is one valuation measure and does not by itself establish which business is cheaper.

Does AMAT or SNDK pay a bigger dividend?

AMAT pays a dividend (0.42% yield), while SNDK has no payments in the available dividend history.

Is AMAT or SNDK more profitable?

SNDK runs the higher net margin — AMAT at 30.05% versus SNDK at 56.46%.

Applied Materials, Inc. (AMAT) vs Sandisk Corporation (SNDK)

A side-by-side comparison of Applied Materials, Inc. and Sandisk Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 8, 2026. Differences are shown without an overall score or investment verdict.

AMAT

Applied Materials, Inc.

$369.87B

$465.86TechnologyDelayed quote: Sep 8, 2026, 9:30 AM EDT

SNDK

Sandisk Corporation

$263.07B

$1,776.40TechnologyDelayed quote: Sep 8, 2026, 9:30 AM EDT

Total return — AMAT vs SNDK

growth of $100 · dividends reinvested · last 2y

AMAT +155.1% (+59.7%/yr)SNDK +4733.3% (+595.2%/yr)SNDK compounded faster over this window

Log scale — wide-divergence pair

AMAT SNDK

AMAT vs SNDK: by the numbers

•AMAT is the larger company ($369.87B vs $263.07B market cap).
•SNDK trades at the lower trailing earnings multiple (23.59 vs 39.20 P/E), one valuation lens rather than an overall verdict.
•SNDK converts more revenue to profit (56.46% vs 30.05% net margin).
•AMAT pays a dividend (0.42% yield), while SNDK has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	AMAT	SNDK
P/E ratio	39.20	23.59
Forward P/E	35.49	26.04
P/S ratio	11.80	13.32
P/B ratio	14.20	17.14
EV / EBITDA	36.67	21.16
FCF yield	1.55%	4.26%

Profitability

Metric	AMAT	SNDK
Gross margin	49.40%	71.47%
Operating margin	30.50%	61.19%
Net margin	30.05%	56.46%
ROE	36.16%	72.66%
ROIC	23.58%	64.29%

Dividends

Metric	AMAT	SNDK
Dividend yield	0.42%	N/A
Payout ratio	16.47%	N/A

Growth (annualized)

Metric	AMAT	SNDK
Revenue CAGR (5Y)	8.81%	N/A
EPS CAGR (5Y)	17.13%	N/A
FCF CAGR (5Y)	5.66%	N/A
Total return CAGR (5Y)	28.38%	N/A

Frequently asked

Which has the lower trailing P/E, AMAT or SNDK?: SNDK has the lower trailing P/E: AMAT trades at 39.20 and SNDK at 23.59. P/E is one valuation measure and does not by itself establish which business is cheaper.
Does AMAT or SNDK pay a bigger dividend?: AMAT pays a dividend (0.42% yield), while SNDK has no payments in the available dividend history.
Is AMAT or SNDK more profitable?: SNDK runs the higher net margin — AMAT at 30.05% versus SNDK at 56.46%.

Go deeper

Full AMAT analysis Full SNDK analysis Interactive comparison tool

Dig into the metrics

Applied Materials P/E ratio Sandisk P/E ratio Applied Materials dividend yield Applied Materials ROE Sandisk ROE Applied Materials operating margin Sandisk operating margin Applied Materials revenue growth Sandisk revenue growth Applied Materials free cash flow Sandisk free cash flow

Applied Materials & Sandisk appear in these rankings

Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin Stocks Highest FCF Yield 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 8, 2026.