Side by sideApplied Materials (AMAT) and KLA (KLAC)Memos of October 11, 2026 and October 12, 2026
Applied Materials vs KLA stock: the numbers side by side (October 2026)
How do Applied Materials and KLA compare?
| Applied Materials AMAT | KLA KLAC | |
|---|---|---|
| Revenue growth | 4.4%Oct 2025 | 11.7%Jun 2026 |
| Operating margin | 29.2%Oct 2025 | 41.7%Jun 2026 |
| Free cash flow | 5,698US$ millions · Oct 2025 | 3,767,134US$ thousands · Jun 2026 |
| Free cash flow yield | 1.4%Today (Oct 11, 2026) | 1.5%Today (Oct 12, 2026) |
| Dividend yield | 0.4%Today (Oct 11, 2026) | 0.5%Today (Oct 12, 2026) |
| P/E, last 12 months | 43.7xToday (Oct 11, 2026) | 51.7xToday (Oct 12, 2026) |
| P/E, next 12 months | 27.1xToday (Oct 11, 2026) | 27.9xToday (Oct 12, 2026) |
| Weighted price forecast, about 1 year | 352.91 (-29%)October 2027 | 164.99 (-13 %)October 2027 |
| Weighted price forecast, about 3 years | 384.53 (-23%)October 2029 | 205.55 (+10 %)October 2029 |
Who leads on what?
| Leads | The lead is | |
|---|---|---|
| Revenue growth | KLA | The higher figure |
| Operating margin | KLA | The higher figure |
| Free cash flow | — | The higher figure |
| Free cash flow yield | KLA | The higher figure |
| Dividend yield | KLA | The higher figure |
| P/E, last 12 months | Applied Materials | The lower figure |
| P/E, next 12 months | Applied Materials | The lower figure |
| Weighted price forecast, about 1 year | KLA | The higher weighted return |
| Weighted price forecast, about 3 years | KLA | The higher weighted return |
What does each company do?
Applied Materials sells semiconductor fabrication equipment to chipmakers and packaging manufacturers.
Applied Materials (AMAT), from our memo of October 11, 2026 · Applied Materials stock forecast
KLA sells inspection, measurement and process-control systems to chipmakers, wafer and reticle makers, packaging companies, and PCB and component manufacturers.
KLA (KLAC), from our memo of October 12, 2026 · KLA stock forecast