AMAT vs. Q: Applied Materials vs. Qnity Electronics Stock Comparison
How do Applied Materials (AMAT) and Qnity Electronics (Q) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Applied Materials (AMAT) and Qnity Electronics (Q) are both classified in the Semiconductor Materials & Equipment sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.
Applied Materials (AMAT) carries decades of public-market history since March 17, 1980, while Qnity Electronics (Q) listed on October 27, 2025 — long-window comparisons have far more historical data on the AMAT side.
| Profile Item | AMAT | Q |
|---|---|---|
| Name | Applied Materials Inc. | Qnity Electronics Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Semiconductor Materials & Equipment | Semiconductor Materials & Equipment |
| Market Capitalization | 264.04 billion USD | 24.46 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | March 17, 1980 | October 27, 2025 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AMAT | Q |
|---|---|---|
| Total Return (1Y) | 62.12% | 35.04% |
| Total Return (3Y, Annualized) | 38.42% | -- |
| Total Return (5Y, Annualized) | 19.86% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AMAT | Q |
|---|---|---|
| Volatility (1Y, Annualized) | 63.72% | 55.87% |
| Beta (5Y) | 1.68 | 1.49 |
| Max Drawdown (5Y) | -55.80% | -38.03% |
| Avg. Volume (3M) | 7.16M | 1.73M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AMAT | Q |
|---|---|---|
| Sharpe Ratio (1Y) | 0.91 | 0.55 |
| Sortino Ratio (1Y) | 1.35 | 0.80 |
Profitability
ROE (TTM)
Applied Materials (AMAT) at 41.07% sits in the top ROE quartile, while Qnity Electronics (Q) at 6.98% is closer to the peer norm — stronger capital efficiency for AMAT.
AMAT
Semiconductors & Semiconductor Equipment industry group
41.07%
- Max
- 52.82%
- AMAT
- 41.07%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Q
Semiconductors & Semiconductor Equipment industry group
6.98%
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q
- 6.98%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
Applied Materials (AMAT) at 30.05% retains a top-quartile share of revenue as profit, ahead of Qnity Electronics (Q) at 10.16%, which keeps about the industry-typical share.
AMAT
Semiconductors & Semiconductor Equipment industry group
30.05%
- Max
- 63.80%
- AMAT
- 30.05%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Q
Semiconductors & Semiconductor Equipment industry group
10.16%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- Q
- 10.16%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Applied Materials (AMAT) at 33.74% operates in the top operating margin quartile, ahead of Qnity Electronics (Q) at 25.00%, which runs around its industry’s norm.
AMAT
Semiconductors & Semiconductor Equipment industry group
33.74%
- Max
- 58.66%
- AMAT
- 33.74%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Q
Semiconductors & Semiconductor Equipment industry group
25.00%
- Max
- 58.66%
- Q3
- 30.23%
- Q
- 25.00%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | AMAT | Q |
|---|---|---|
| ROE (TTM) | 41.07% | 6.98% |
| ROA (TTM) | 15.48% | 5.78% |
| Net Margin (TTM) | 30.05% | 10.16% |
| Operating Margin (TTM) | 33.74% | 25.00% |
| Gross Margin (TTM) | 49.40% | 46.92% |
Growth
Revenue Growth
Both Applied Materials (AMAT) at 4.39% and Qnity Electronics (Q) at 9.67% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Applied Materials (AMAT) at 0.58% and Qnity Electronics (Q) at -0.27% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | AMAT | Q |
|---|---|---|
| Revenue Growth (YoY) | 4.39% | 9.67% |
| Revenue Growth (3Y CAGR) | 3.23% | -0.01% |
| EPS Growth (YoY) | 0.58% | -0.27% |
| EPS Growth (3Y CAGR) | 5.19% | -- |
Financial Strength
Current Ratio (MRQ)
Applied Materials (AMAT) at 2.42 keeps current ratio within its industry’s typical mid-range, while Qnity Electronics (Q) at 2.09 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for Q.
AMAT
Semiconductors & Semiconductor Equipment industry group
2.42
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- AMAT
- 2.42
- Q1
- 2.35
- Min
- 1.03
Q
Semiconductors & Semiconductor Equipment industry group
2.09
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- Q
- 2.09
- Min
- 1.03
Debt / Equity (MRQ)
Both Applied Materials (AMAT) at 0.29 and Qnity Electronics (Q) at 0.57 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
AMAT
Semiconductors & Semiconductor Equipment industry group
0.29
- Max
- 1.46
- Q3
- 0.65
- AMAT
- 0.29
- Median
- 0.27
- Q1
- 0.04
- Min
- 0.00
Q
Semiconductors & Semiconductor Equipment industry group
0.57
- Max
- 1.46
- Q3
- 0.65
- Q
- 0.57
- Median
- 0.27
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | AMAT | Q |
|---|---|---|
| Current Ratio (MRQ) | 2.42 | 2.09 |
| Debt / Equity (MRQ) | 0.29 | 0.57 |
| Net Debt / EBITDA | -0.19 | 2.07 |
Dividends
Dividend Yield (TTM)
Both Applied Materials (AMAT) at 0.62% and Qnity Electronics (Q) at 0.27% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
AMAT
Semiconductors & Semiconductor Equipment industry group
0.62%
- Max
- 1.37%
- Q3
- 0.65%
- AMAT
- 0.62%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Q
Semiconductors & Semiconductor Equipment industry group
0.27%
- Max
- 1.37%
- Q3
- 0.65%
- Q
- 0.27%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Applied Materials (AMAT) at 16.48% and Qnity Electronics (Q) at 11.28% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
AMAT
Semiconductors & Semiconductor Equipment industry group
16.48%
- Max
- 49.64%
- Q3
- 21.71%
- AMAT
- 16.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Q
Semiconductors & Semiconductor Equipment industry group
11.28%
- Max
- 49.64%
- Q3
- 21.71%
- Q
- 11.28%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AMAT | Q |
|---|---|---|
| Dividend Yield (TTM) | 0.62% | 0.27% |
| Dividend Payout Ratio (TTM) | 16.48% | 11.28% |
Valuation
P/E Ratio (TTM)
Both Applied Materials (AMAT) at 28.71 and Qnity Electronics (Q) at 43.98 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
AMAT
Semiconductors & Semiconductor Equipment industry group
28.71
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- AMAT
- 28.71
- Q1
- 23.96
- Min
- 8.12
Q
Semiconductors & Semiconductor Equipment industry group
43.98
- Max
- 110.34
- Q3
- 66.81
- Q
- 43.98
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
P/S Ratio (TTM)
On P/S ratio, both Applied Materials (AMAT) at 8.56 and Qnity Electronics (Q) at 4.46 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
AMAT
Semiconductors & Semiconductor Equipment industry group
8.56
- Max
- 21.42
- Q3
- 12.27
- AMAT
- 8.56
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
Q
Semiconductors & Semiconductor Equipment industry group
4.46
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q
- 4.46
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
Qnity Electronics (Q) at 3.22 is valued about in line with its industry on P/B ratio, while Applied Materials (AMAT) at 10.30 carries an above-peer premium to book — AMAT is pricier on assets.
AMAT
Semiconductors & Semiconductor Equipment industry group
10.30
- Max
- 14.06
- AMAT
- 10.30
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
Q
Semiconductors & Semiconductor Equipment industry group
3.22
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- Q
- 3.22
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | AMAT | Q |
|---|---|---|
| P/E Ratio (TTM) | 28.71 | 43.98 |
| P/S Ratio (TTM) | 8.56 | 4.46 |
| P/B Ratio (MRQ) | 10.30 | 3.22 |
| Free Cash Flow Yield (TTM) | 1.16% | 2.85% |