Price to Operating Profit (P/OP)
since 2005
Calculation
Applied Materials Inc., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Income (loss) from operations1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 15, 2023 | 17.58 | = | 161.95 | ÷ | 9.21 | 9.21 | = | 7,654 | ÷ | 831,067,105 | |
| Dec 16, 2022 | 11.35 | = | 104.73 | ÷ | 9.23 | 9.23 | = | 7,788 | ÷ | 844,139,722 | |
| Dec 17, 2021 | 18.85 | = | 146.15 | ÷ | 7.75 | 7.75 | = | 6,889 | ÷ | 888,513,248 | |
| Dec 11, 2020 | 18.50 | = | 88.30 | ÷ | 4.77 | 4.77 | = | 4,365 | ÷ | 914,344,189 | |
| Dec 13, 2019 | 16.36 | = | 59.87 | ÷ | 3.66 | 3.66 | = | 3,350 | ÷ | 915,304,098 | |
| Dec 13, 2018 | 6.74 | = | 33.71 | ÷ | 5.00 | 5.00 | = | 4,796 | ÷ | 958,606,093 | |
| Dec 15, 2017 | 14.35 | = | 52.54 | ÷ | 3.66 | 3.66 | = | 3,868 | ÷ | 1,056,340,714 | |
| Dec 15, 2016 | 16.54 | = | 33.06 | ÷ | 2.00 | 2.00 | = | 2,152 | ÷ | 1,076,570,134 | |
| Dec 9, 2015 | 12.92 | = | 19.03 | ÷ | 1.47 | 1.47 | = | 1,693 | ÷ | 1,149,133,389 | |
| Dec 17, 2014 | 19.66 | = | 24.46 | ÷ | 1.24 | 1.24 | = | 1,520 | ÷ | 1,221,471,983 | |
| Dec 4, 2013 | 46.30 | = | 16.61 | ÷ | 0.36 | 0.36 | = | 432 | ÷ | 1,204,183,467 | |
| Dec 5, 2012 | 31.47 | = | 10.80 | ÷ | 0.34 | 0.34 | = | 411 | ÷ | 1,197,659,704 | |
| Dec 6, 2011 | 6.04 | = | 11.09 | ÷ | 1.84 | 1.84 | = | 2,398 | ÷ | 1,305,637,099 | |
| Dec 10, 2010 | 12.82 | = | 13.36 | ÷ | 1.04 | 1.04 | = | 1,384 | ÷ | 1,327,685,208 | |
| Dec 11, 2009 | — | = | 13.38 | ÷ | -0.29 | -0.29 | = | -394 | ÷ | 1,341,259,033 | |
| Dec 12, 2008 | 10.25 | = | 10.45 | ÷ | 1.02 | 1.02 | = | 1,355 | ÷ | 1,328,871,245 | |
| Dec 14, 2007 | 10.36 | = | 17.77 | ÷ | 1.72 | 1.72 | = | 2,372 | ÷ | 1,382,752,583 | |
| Dec 14, 2006 | 12.54 | = | 18.20 | ÷ | 1.45 | 1.45 | = | 2,021 | ÷ | 1,392,743,007 | |
| Dec 14, 2005 | 21.07 | = | 18.99 | ÷ | 0.90 | 0.90 | = | 1,448 | ÷ | 1,606,934,422 |
Based on: 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-25), 10-K (reporting date: 2019-10-27), 10-K (reporting date: 2018-10-28), 10-K (reporting date: 2017-10-29), 10-K (reporting date: 2016-10-30), 10-K (reporting date: 2015-10-25), 10-K (reporting date: 2014-10-26), 10-K (reporting date: 2013-10-27), 10-K (reporting date: 2012-10-28), 10-K (reporting date: 2011-10-30), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-10-25), 10-K (reporting date: 2008-10-26), 10-K (reporting date: 2007-10-28), 10-K (reporting date: 2006-10-29), 10-K (reporting date: 2005-10-30).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Applied Materials Inc. Annual Report.
Comparison to Competitors
Applied Materials Inc., P/OP, long-term trends, comparison to competitors
| Applied Materials Inc. | Advanced Micro Devices Inc. | Analog Devices Inc. | Broadcom Inc. | First Solar Inc. | Intel Corp. | Lam Research Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 15, 2023 | 17.58 | 675.69 | 23.53 | 31.96 | 18.07 | 1,984.43 | 16.79 | — | 136.19 | 15.85 | 19.75 |
| Dec 16, 2022 | 11.35 | 100.42 | 26.16 | 16.33 | — | 49.91 | 11.79 | 5.93 | 66.12 | 7.95 | 16.29 |
| Dec 17, 2021 | 18.85 | 39.48 | 56.12 | 30.78 | 13.70 | 10.82 | 18.34 | 12.48 | 75.08 | 15.84 | 17.67 |
| Dec 11, 2020 | 18.50 | 75.77 | 33.76 | 44.04 | 27.05 | 9.72 | 20.40 | 19.51 | 66.40 | 23.32 | 26.53 |
| Dec 13, 2019 | 16.36 | 91.66 | 24.74 | 36.85 | — | 13.29 | 12.13 | 6.83 | 24.79 | 12.60 | 21.46 |
| Dec 13, 2018 | 6.74 | 51.38 | 17.62 | 19.42 | 140.50 | 9.40 | 8.67 | 3.20 | 45.61 | 103.26 | 15.00 |
| Dec 15, 2017 | 14.35 | 59.52 | 30.97 | 44.92 | 36.30 | 11.86 | 13.68 | 7.98 | 31.31 | 30.15 | 16.81 |
| Dec 15, 2016 | 16.54 | — | 21.85 | — | — | 13.40 | 13.46 | 106.63 | 23.80 | 15.26 | 16.07 |
| Dec 9, 2015 | 12.92 | — | 22.69 | 23.80 | 13.68 | 9.66 | 14.45 | 6.04 | 16.52 | 15.68 | 12.34 |
| Dec 17, 2014 | 19.66 | — | 23.01 | 59.05 | 13.84 | 10.60 | 16.98 | 11.23 | 19.66 | 17.00 | 15.64 |
| Dec 4, 2013 | 46.30 | 26.08 | 20.62 | 23.31 | 14.24 | 10.02 | 64.12 | 74.52 | 12.16 | 16.30 | 17.02 |
| Dec 5, 2012 | 31.47 | — | 14.67 | 13.51 | — | 7.13 | 26.84 | — | 14.06 | 17.43 | 19.14 |
| Dec 6, 2011 | 6.04 | 14.16 | 9.26 | 12.05 | — | 7.62 | 5.54 | 7.18 | 40.70 | 17.45 | 12.75 |
| Dec 10, 2010 | 12.82 | 7.42 | 11.93 | 13.69 | 16.90 | 7.79 | 10.92 | 4.84 | — | 22.51 | 9.25 |
| Dec 11, 2009 | — | 8.03 | 30.48 | 81.90 | 14.18 | 20.19 | — | — | — | 32.90 | 15.16 |
| Dec 12, 2008 | 10.25 | — | 7.90 | — | 20.05 | 7.50 | 9.41 | — | 13.27 | 14.67 | 8.01 |
| Dec 14, 2007 | 10.36 | — | 16.49 | — | 121.31 | 14.36 | 6.12 | — | 22.39 | 22.57 | 11.81 |
| Dec 14, 2006 | 12.54 | — | 20.89 | — | 1,326.74 | 21.27 | 14.39 | 30.18 | 24.63 | 22.34 | 13.27 |
| Dec 14, 2005 | 21.07 | 84.32 | 26.80 | — | — | 9.99 | 10.23 | 39.55 | 37.70 | 27.83 | 17.12 |
Based on: 10-K (reporting date: 2023-10-29), 10-K (reporting date: 2022-10-30), 10-K (reporting date: 2021-10-31), 10-K (reporting date: 2020-10-25), 10-K (reporting date: 2019-10-27), 10-K (reporting date: 2018-10-28), 10-K (reporting date: 2017-10-29), 10-K (reporting date: 2016-10-30), 10-K (reporting date: 2015-10-25), 10-K (reporting date: 2014-10-26), 10-K (reporting date: 2013-10-27), 10-K (reporting date: 2012-10-28), 10-K (reporting date: 2011-10-30), 10-K (reporting date: 2010-10-31), 10-K (reporting date: 2009-10-25), 10-K (reporting date: 2008-10-26), 10-K (reporting date: 2007-10-28), 10-K (reporting date: 2006-10-29), 10-K (reporting date: 2005-10-30).