Applied Materials, Inc. (AMAT) vs Walmart Inc. (WMT)
A side-by-side comparison of Applied Materials, Inc. and Walmart Inc. 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.
Different business models: AMAT is classified in Technology; WMT is classified in Consumer Defensive. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
AMAT
Applied Materials, Inc.
$476.46TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
WMT
Walmart Inc.
$113.10Consumer DefensiveDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — AMAT vs WMT
growth of $100 · dividends reinvested · last 30yAMAT +24231.5%WMT +4540.3%AMAT compounded faster
Log scale — wide-divergence pair
AMAT WMT
AMAT vs WMT: by the numbers
- •WMT is the larger company ($900.06B vs $378.29B market cap).
- •WMT trades at the lower trailing earnings multiple (39.21 vs 48.58 P/E), one valuation lens rather than an overall verdict.
- •AMAT converts more revenue to profit (29.31% vs 3.13% net margin).
- •AMAT grew revenue faster over the past five years (9.33% vs 5.20% CAGR).
- •WMT pays the higher dividend yield (0.86% vs 0.37%).
Metrics side by side
Valuation
| Metric | AMAT | WMT |
|---|---|---|
| P/E ratio | 48.58 | 39.21 |
| Forward P/E | 42.09 | 42.36 |
| P/S ratio | 14.23 | 1.23 |
| P/B ratio | 17.27 | 9.48 |
| PEG ratio | 76.84 | 3.29 |
| EV / EBITDA | 45.66 | 21.35 |
| FCF yield | 1.44% | 1.40% |
Profitability
| Metric | AMAT | WMT |
|---|---|---|
| Gross margin | 48.96% | 24.98% |
| Operating margin | 29.51% | 4.16% |
| Net margin | 29.31% | 3.13% |
| ROE | 35.58% | 24.10% |
| ROIC | 21.96% | 11.87% |
Dividends
| Metric | AMAT | WMT |
|---|---|---|
| Dividend yield | 0.37% | 0.86% |
| Payout ratio | 21.93% | 35.22% |
Growth (annualized)
| Metric | AMAT | WMT |
|---|---|---|
| Revenue CAGR (5Y) | 9.33% | 5.20% |
| EPS CAGR (5Y) | 17.13% | 10.95% |
| FCF CAGR (5Y) | 9.02% | -9.94% |
| Total return CAGR (5Y) | 31.94% | 20.16% |
Frequently asked
- Which has the lower trailing P/E, AMAT or WMT?
- WMT has the lower trailing P/E: AMAT trades at 48.58 and WMT at 39.21. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AMAT or WMT?
- Over the past five years, AMAT grew revenue faster — AMAT at a 9.33% CAGR versus WMT at 5.20%.
- Does AMAT or WMT pay a bigger dividend?
- AMAT yields 0.37% and WMT yields 0.86% based on trailing dividends and the latest price.
- Is AMAT or WMT more profitable?
- AMAT runs the higher net margin — AMAT at 29.31% versus WMT at 3.13%.
- How have AMAT and WMT total returns compared?
- Over the past 10 years, AMAT delivered 35.87% and WMT delivered 18.43% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Applied Materials P/E ratioWalmart P/E ratioApplied Materials dividend yieldWalmart dividend yieldApplied Materials ROEWalmart ROEApplied Materials operating marginWalmart operating marginApplied Materials revenue growthWalmart revenue growthApplied Materials free cash flowWalmart free cash flow
Applied Materials & Walmart appear in these rankings
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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.