Analysis of Geographic Areas
Applied Materials Inc. operates in 7 regions: United States; China; Korea; Taiwan; Japan; Europe; and Southeast Asia.
Area Asset Turnover
Applied Materials Inc., asset turnover by geographic area
| Oct 27, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Oct 25, 2020 | Oct 27, 2019 | |
|---|---|---|---|---|---|---|
| United States | 1.02 | 1.24 | 1.14 | 1.04 | 0.99 | 1.22 |
| China | 3,372.33 | 1,811.75 | 1,209.00 | 753.50 | 389.71 | 213.85 |
| Korea | 499.22 | 419.00 | 313.93 | 313.25 | 144.33 | 80.38 |
| Taiwan | 67.97 | 96.10 | 101.00 | 76.48 | 67.00 | 52.95 |
| Japan | 307.71 | 296.43 | 287.43 | 218.00 | 124.75 | 137.38 |
| Europe | 12.77 | 19.56 | 22.32 | 91.42 | 35.05 | 29.29 |
| Southeast Asia | 228.20 | 126.33 | 135.50 | 52.08 | 22.83 | 23.83 |
Based on: 10-K (reporting date: 2024-10-27), 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).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
| China | China area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| Korea | Korea area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| Taiwan | Taiwan area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| Japan | Japan area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| Europe | Europe area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| Southeast Asia | Southeast Asia area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Area Asset Turnover: United States
Applied Materials Inc.; United States; area asset turnover calculation
| Oct 27, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Oct 25, 2020 | Oct 27, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenue | 3,818) | 4,006) | 3,104) | 2,038) | 1,619) | 1,871) |
| Long-lived assets | 3,759) | 3,239) | 2,725) | 1,965) | 1,628) | 1,539) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 1.02 | 1.24 | 1.14 | 1.04 | 0.99 | 1.22 |
Based on: 10-K (reporting date: 2024-10-27), 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).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 3,818 ÷ 3,759 = 1.02
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Area Asset Turnover: China
Applied Materials Inc.; China; area asset turnover calculation
| Oct 27, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Oct 25, 2020 | Oct 27, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenue | 10,117) | 7,247) | 7,254) | 7,535) | 5,456) | 4,277) |
| Long-lived assets | 3) | 4) | 6) | 10) | 14) | 20) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 3,372.33 | 1,811.75 | 1,209.00 | 753.50 | 389.71 | 213.85 |
Based on: 10-K (reporting date: 2024-10-27), 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).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 10,117 ÷ 3 = 3,372.33
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | China | China area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Korea
Applied Materials Inc.; Korea; area asset turnover calculation
| Oct 27, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Oct 25, 2020 | Oct 27, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenue | 4,493) | 4,609) | 4,395) | 5,012) | 3,031) | 1,929) |
| Long-lived assets | 9) | 11) | 14) | 16) | 21) | 24) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 499.22 | 419.00 | 313.93 | 313.25 | 144.33 | 80.38 |
Based on: 10-K (reporting date: 2024-10-27), 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).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 4,493 ÷ 9 = 499.22
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Korea | Korea area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Taiwan
Applied Materials Inc.; Taiwan; area asset turnover calculation
| Oct 27, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Oct 25, 2020 | Oct 27, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenue | 4,010) | 5,670) | 6,262) | 4,742) | 3,953) | 2,965) |
| Long-lived assets | 59) | 59) | 62) | 62) | 59) | 56) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 67.97 | 96.10 | 101.00 | 76.48 | 67.00 | 52.95 |
Based on: 10-K (reporting date: 2024-10-27), 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).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 4,010 ÷ 59 = 67.97
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Taiwan | Taiwan area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Japan
Applied Materials Inc.; Japan; area asset turnover calculation
| Oct 27, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Oct 25, 2020 | Oct 27, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenue | 2,154) | 2,075) | 2,012) | 1,962) | 1,996) | 2,198) |
| Long-lived assets | 7) | 7) | 7) | 9) | 16) | 16) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 307.71 | 296.43 | 287.43 | 218.00 | 124.75 | 137.38 |
Based on: 10-K (reporting date: 2024-10-27), 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).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 2,154 ÷ 7 = 307.71
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Japan | Japan area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Europe
Applied Materials Inc.; Europe; area asset turnover calculation
| Oct 27, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Oct 25, 2020 | Oct 27, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenue | 1,443) | 2,152) | 1,674) | 1,097) | 736) | 820) |
| Long-lived assets | 113) | 110) | 75) | 12) | 21) | 28) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 12.77 | 19.56 | 22.32 | 91.42 | 35.05 | 29.29 |
Based on: 10-K (reporting date: 2024-10-27), 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).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 1,443 ÷ 113 = 12.77
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Europe | Europe area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Southeast Asia
Applied Materials Inc.; Southeast Asia; area asset turnover calculation
| Oct 27, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Oct 25, 2020 | Oct 27, 2019 | |
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net revenue | 1,141) | 758) | 1,084) | 677) | 411) | 548) |
| Long-lived assets | 5) | 6) | 8) | 13) | 18) | 23) |
| Area Activity Ratio | ||||||
| Area asset turnover1 | 228.20 | 126.33 | 135.50 | 52.08 | 22.83 | 23.83 |
Based on: 10-K (reporting date: 2024-10-27), 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).
1 2024 Calculation
Area asset turnover = Net revenue ÷ Long-lived assets
= 1,141 ÷ 5 = 228.20
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Southeast Asia | Southeast Asia area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Net revenue
Applied Materials Inc., net revenue by geographic area
US$ in millions
| Oct 27, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Oct 25, 2020 | Oct 27, 2019 | |
|---|---|---|---|---|---|---|
| United States | 3,818) | 4,006) | 3,104) | 2,038) | 1,619) | 1,871) |
| China | 10,117) | 7,247) | 7,254) | 7,535) | 5,456) | 4,277) |
| Korea | 4,493) | 4,609) | 4,395) | 5,012) | 3,031) | 1,929) |
| Taiwan | 4,010) | 5,670) | 6,262) | 4,742) | 3,953) | 2,965) |
| Japan | 2,154) | 2,075) | 2,012) | 1,962) | 1,996) | 2,198) |
| Europe | 1,443) | 2,152) | 1,674) | 1,097) | 736) | 820) |
| Southeast Asia | 1,141) | 758) | 1,084) | 677) | 411) | 548) |
| Outside United States | 23,358) | 22,511) | 22,681) | 21,025) | 15,583) | 12,737) |
| Consolidated total | 27,176) | 26,517) | 25,785) | 23,063) | 17,202) | 14,608) |
Based on: 10-K (reporting date: 2024-10-27), 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).
Long-lived assets
Applied Materials Inc., long-lived assets by geographic area
US$ in millions
| Oct 27, 2024 | Oct 29, 2023 | Oct 30, 2022 | Oct 31, 2021 | Oct 25, 2020 | Oct 27, 2019 | |
|---|---|---|---|---|---|---|
| United States | 3,759) | 3,239) | 2,725) | 1,965) | 1,628) | 1,539) |
| China | 3) | 4) | 6) | 10) | 14) | 20) |
| Korea | 9) | 11) | 14) | 16) | 21) | 24) |
| Taiwan | 59) | 59) | 62) | 62) | 59) | 56) |
| Japan | 7) | 7) | 7) | 9) | 16) | 16) |
| Europe | 113) | 110) | 75) | 12) | 21) | 28) |
| Southeast Asia | 5) | 6) | 8) | 13) | 18) | 23) |
| Outside United States | 196) | 197) | 172) | 122) | 149) | 167) |
| Consolidated total | 3,955) | 3,436) | 2,897) | 2,087) | 1,777) | 1,706) |
Based on: 10-K (reporting date: 2024-10-27), 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).