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APPLIED MATERIALS INC (AMAT)

Income Statement Business | Geographic | Customer | Domestic/Foreign

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsOct-30-22Oct-31-21Oct-25-20Oct-27-19Oct-28-18Oct-29-17Oct-30-16Oct-25-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    China  7,254.07,535.05,456.04,277.05,047.02,758.02,259.01,623.0
    Taiwan  6,262.04,742.03,953.02,965.02,504.03,369.02,843.02,600.0
    Japan  2,012.01,962.01,996.02,198.02,396.01,519.01,279.01,078.0
    Korea  4,395.05,012.03,031.01,929.03,539.04,087.01,883.01,654.0
    Other  5,862.03,812.02,766.03,239.03,219.02,965.02,561.02,704.0
Total revenues   [+]25,785.023,063.017,202.014,608.016,705.014,698.010,825.09,659.0
            Revenue growth   [+]11.8%34.1%17.8%-12.6%13.7%35.8%12.1%6.5%
Cost of goods sold  13,792.012,149.09,510.08,222.09,188.08,086.06,314.05,707.0
Gross profit  11,993.010,914.07,692.06,386.07,517.06,612.04,511.03,952.0
            Gross margin  46.5%47.3%44.7%43.7%45.0%45.0%41.7%40.9%
Selling, general and administrative   [+]1,438.01,229.01,093.0982.01,004.01,333.0819.0897.0
Research and development  2,771.02,485.02,234.02,054.02,022.01,781.01,540.01,451.0
Equity in earnings          
Other operating expenses   154.0   -438.0 -89.0
EBITDA   [+]8,228.07,440.04,741.03,713.04,948.04,343.02,541.02,064.0
            EBITDA margin  31.9%32.3%27.6%25.4%29.6%29.5%23.5%21.4%
Depreciation  404.0345.0320.0306.0258.0214.0200.0185.0
EBITA  7,824.07,095.04,421.03,407.04,690.04,129.02,341.01,879.0
            EBITA margin  30.3%30.8%25.7%23.3%28.1%28.1%21.6%19.5%
Amortization of intangibles  40.049.056.057.0199.0193.0189.0186.0
EBIT   [+]7,784.07,046.04,365.03,350.04,491.03,936.02,152.01,693.0
            EBIT margin  30.2%30.6%25.4%22.9%26.9%26.8%19.9%17.5%
Non-recurring items  -4.0157.0      
Interest expense  228.0236.0240.0237.0234.0198.0155.0103.0
Other income (expense), net   [+]39.0118.041.0156.0139.078.016.08.0
Pre-tax income  7,599.06,771.04,166.03,269.04,396.03,816.02,013.01,598.0
Income taxes  1,074.0883.0547.0563.01,358.0297.0292.0221.0
            Tax rate  14.1%13.0%13.1%17.2%30.9%7.8%14.5%13.8%
Net income  6,525.05,888.03,619.02,706.03,038.03,519.01,721.01,377.0
            Net margin  25.3%25.5%21.0%18.5%18.2%23.9%15.9%14.3%
   
Basic EPS   [+]$7.49$6.47$3.95$2.89$3.00$3.28$1.55$1.13
Diluted EPS   [+]$7.44$6.41$3.92$2.86$2.96$3.25$1.54$1.12
   
Dividends per share   [+]$1.00$0.92$0.86$0.82$0.60$0.40$0.40$0.40
   
Shares outstanding (basic)   [+]871.0910.0916.0937.01,013.01,073.01,107.01,214.0
Shares outstanding (diluted)   [+]877.0919.0923.0945.01,026.01,084.01,116.01,226.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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