AMAT vs KLAC
Applied Materials (AMAT) and KLA (KLAC) compared side by side. Applied Materials (AMAT) is larger, with a market cap of $299.4B versus $190.0B for KLA, about 1.6 times the size. On trailing earnings, AMAT is cheaper at 32.5x versus 39.8x for KLAC.
Head to head
| Metric | AMAT | KLAC |
|---|---|---|
| Market cap | $299.4B | $190.0B |
| P/E (TTM) | 32.5x | 39.8x |
| Forward P/E | 20.4x | 21.6x |
| Revenue (TTM) | $30.8B | $13.6B |
| Revenue growth | 24.8% | 15.2% |
| Gross margin | 49.4% | 61.3% |
| Operating margin | 33.7% | 42.5% |
| Free cash flow | $5.6B | $3.8B |
| Dividend yield | 0.56% | 0.63% |
| 1-year return | +66.0% | +26.3% |
| 5-year return (annual) | +23.7% | +34.8% |
| Max drawdown | -85% | -84% |
| FI Handbook grade | B+ | B+ |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
AMAT vs KLAC FAQ
Which is bigger, AMAT or KLAC?
Applied Materials (AMAT) is larger, with a market cap of $299.4B versus $190.0B for KLA, about 1.6 times the size.
Is AMAT or KLAC cheaper?
On trailing earnings, AMAT is cheaper at 32.5x versus 39.8x for KLAC. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, AMAT or KLAC?
AMAT returned +66.0% over the past year including dividends, versus +26.3% for KLAC, through October 23, 2026.
Which pays a higher dividend, AMAT or KLAC?
KLAC yields 0.63% versus 0.56% for AMAT.
Full pages: Applied Materials · KLA