Is AMAT or TXN cheaper?

On trailing earnings, TXN is cheaper: AMAT trades at a 53.31 P/E and TXN at 51.47.

Which has grown faster, AMAT or TXN?

Over the past five years, AMAT grew revenue faster — AMAT at a 9.33% CAGR versus TXN at 3.64%.

Does AMAT or TXN pay a bigger dividend?

AMAT yields 0.34% and TXN yields 1.87% based on trailing dividends and the latest price.

Is AMAT or TXN more profitable?

AMAT runs the higher net margin — AMAT at 29.31% versus TXN at 29.11%.

Which has been the better investment, AMAT or TXN?

Over the past 10-year, AMAT delivered the higher annualized total return — AMAT at 38.64% versus TXN at 20.37%. Past performance doesn't predict future results.

Applied Materials, Inc. (AMAT) vs Texas Instruments Incorporated (TXN)

TXN leads on 10 of 16 compared metrics.

A side-by-side comparison of Applied Materials, Inc. and Texas Instruments Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

AMAT

Applied Materials, Inc.

$450.37B

$567.25Technology

TXN

Texas Instruments Incorporated

$274.05B

$301.12Technology

Total return — AMAT vs TXN

growth of $100 · last 30y

AMAT +13153.5%TXN +4434.9%AMAT compounded faster

AMAT TXN

AMAT vs TXN: by the numbers

•AMAT is the larger company ($450.37B vs $274.05B market cap).
•TXN trades at the lower earnings multiple (51.47 vs 53.31 P/E).
•AMAT converts more revenue to profit (29.31% vs 29.11% net margin).
•AMAT grew revenue faster over the past five years (9.33% vs 3.64% CAGR).
•TXN pays the higher dividend yield (1.87% vs 0.34%).

Which is better, AMAT or TXN?

Metric tally: AMAT 6 · TXN 10

It depends on what you're optimizing for:

ValueTXN(lower P/E)

GrowthAMAT(faster 5Y revenue CAGR)

IncomeTXN(higher dividend yield)

QualityAMAT(higher ROIC)

Valuation

Metric	AMAT	TXN
P/E ratio	53.31	51.47●
Forward P/E	46.38	33.67●
P/S ratio	15.62	14.93●
P/B ratio	18.96	16.40●
PEG ratio	76.90	7.87●
EV / EBITDA	41.89	34.60●
FCF yield	1.32%	1.35%●

Profitability

Metric	AMAT	TXN
Gross margin	48.96%	57.32%●
Operating margin	29.51%	35.29%●
Net margin	29.31%	29.11%
ROE	35.58%●	31.99%
ROIC	21.96%●	16.46%

Dividends

Metric	AMAT	TXN
Dividend yield	0.34%	1.87%●
Payout ratio	21.93%	103.12%

Growth (annualized)

Metric	AMAT	TXN
Revenue CAGR (5Y)	9.33%●	3.64%
EPS CAGR (5Y)	17.13%●	-2.07%
FCF CAGR (5Y)	9.02%●	-10.12%
Total return CAGR (5Y)	34.01%●	12.95%

Frequently asked

Which is better, AMAT or TXN?: It depends on your goal. value: TXN (lower P/E); growth: AMAT (faster 5Y revenue CAGR); income: TXN (higher dividend yield); quality: AMAT (higher ROIC). Across all compared metrics, TXN leads 10 to 6.
Is AMAT or TXN cheaper?: On trailing earnings, TXN is cheaper: AMAT trades at a 53.31 P/E and TXN at 51.47.
Which has grown faster, AMAT or TXN?: Over the past five years, AMAT grew revenue faster — AMAT at a 9.33% CAGR versus TXN at 3.64%.
Does AMAT or TXN pay a bigger dividend?: AMAT yields 0.34% and TXN yields 1.87% based on trailing dividends and the latest price.
Is AMAT or TXN more profitable?: AMAT runs the higher net margin — AMAT at 29.31% versus TXN at 29.11%.
Which has been the better investment, AMAT or TXN?: Over the past 10-year, AMAT delivered the higher annualized total return — AMAT at 38.64% versus TXN at 20.37%. Past performance doesn't predict future results.

Go deeper

Full AMAT analysis Full TXN analysis Interactive comparison tool

Dig into the metrics

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

Applied Materials & Texas Instruments appear in these rankings

Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin 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 14, 2026.