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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.

Company profile comparison for Applied Materials (AMAT) and Qnity Electronics (Q)
Profile ItemAMATQ
NameApplied Materials Inc.Qnity Electronics Inc.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS Sub-IndustrySemiconductor Materials & EquipmentSemiconductor Materials & Equipment
Market Capitalization264.04 billion USD24.46 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateMarch 17, 1980October 27, 2025
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

AMAT
Q
GSPC
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Applied Materials (AMAT) vs. Qnity Electronics (Q), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Applied Materials (AMAT) and Qnity Electronics (Q). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Applied Materials (AMAT) and Qnity Electronics (Q). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Applied Materials (AMAT) and Qnity Electronics (Q)
MetricAMATQ
Total Return (1Y)62.12%35.04%
Total Return (3Y, Annualized)38.42%--
Total Return (5Y, Annualized)19.86%--

Risk Profile

Drawdown History

AMAT
Q
GSPC
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Applied Materials (AMAT) vs. Qnity Electronics (Q), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Applied Materials (AMAT) and Qnity Electronics (Q). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Applied Materials (AMAT) and Qnity Electronics (Q)
MetricAMATQ
Volatility (1Y, Annualized)63.72%55.87%
Beta (5Y)1.681.49
Max Drawdown (5Y)-55.80%-38.03%
Avg. Volume (3M)7.16M1.73M

Risk-Adjusted Performance

Risk-Return Positioning

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AMAT and Q are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Applied Materials (AMAT) and Qnity Electronics (Q)
MetricAMATQ
Sharpe Ratio (1Y)0.910.55
Sortino Ratio (1Y)1.350.80

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%
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Applied Materials (AMAT) vs. Qnity Electronics (Q): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

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%
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Applied Materials (AMAT) vs. Qnity Electronics (Q): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

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%
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Applied Materials (AMAT) vs. Qnity Electronics (Q): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Applied Materials (AMAT) and Qnity Electronics (Q)
MetricAMATQ
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.

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Applied Materials (AMAT) vs. Qnity Electronics (Q): A comparison of their Revenue Growth across different time periods.

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.

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Applied Materials (AMAT) vs. Qnity Electronics (Q): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Applied Materials (AMAT) and Qnity Electronics (Q)
MetricAMATQ
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
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Applied Materials (AMAT) vs. Qnity Electronics (Q): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

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
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Applied Materials (AMAT) vs. Qnity Electronics (Q): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Applied Materials (AMAT) and Qnity Electronics (Q)
MetricAMATQ
Current Ratio (MRQ)2.422.09
Debt / Equity (MRQ)0.290.57
Net Debt / EBITDA-0.192.07

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%
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Applied Materials (AMAT) vs. Qnity Electronics (Q): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

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%
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Applied Materials (AMAT) vs. Qnity Electronics (Q): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Applied Materials (AMAT) and Qnity Electronics (Q)
MetricAMATQ
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
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Applied Materials (AMAT) vs. Qnity Electronics (Q): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

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
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Applied Materials (AMAT) vs. Qnity Electronics (Q): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

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
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Applied Materials (AMAT) vs. Qnity Electronics (Q): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Applied Materials (AMAT) and Qnity Electronics (Q)
MetricAMATQ
P/E Ratio (TTM)28.7143.98
P/S Ratio (TTM)8.564.46
P/B Ratio (MRQ)10.303.22
Free Cash Flow Yield (TTM)1.16%2.85%