Applied Materials Inc (AMAT) — Cash Flow Quality Index
Applied Materials Inc (AMAT) has a Cash Flow Quality Index of 0.83x as of January 2026. Operating cash flow of $1.69 Billion is below net income of $2.03 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore AMAT long-term investment intensity to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Applied Materials Inc Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Applied Materials Inc across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Applied Materials Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Applied Materials Inc (1989–2025)
Year-by-year earnings quality comparison for Applied Materials Inc. For live market cap and the full company financial profile, see market value of Applied Materials Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.14x | $7.96 Billion | $7.00 Billion | ▼ -5.9% |
| 2024 | 1.21x | $8.68 Billion | $7.18 Billion | ▼ -4.7% |
| 2023 | 1.27x | $8.70 Billion | $6.86 Billion | ▲ +53.4% |
| 2022 | 0.83x | $5.40 Billion | $6.53 Billion | ▼ -10.5% |
| 2021 | 0.92x | $5.44 Billion | $5.89 Billion | ▼ -12.1% |
| 2020 | 1.05x | $3.80 Billion | $3.62 Billion | ▼ -12.4% |
| 2019 | 1.20x | $3.25 Billion | $2.71 Billion | ▼ -3.7% |
| 2018 | 1.25x | $3.79 Billion | $3.04 Billion | ▲ +18.6% |
| 2017 | 1.05x | $3.61 Billion | $3.43 Billion | ▼ -26.7% |
| 2016 | 1.43x | $2.47 Billion | $1.72 Billion | ▲ +69.7% |
| 2015 | 0.84x | $1.16 Billion | $1.38 Billion | ▼ -49.7% |
| 2014 | 1.68x | $1.80 Billion | $1.07 Billion | ▼ -31.0% |
| 2013 | 2.43x | $623.00 Million | $256.00 Million | ▼ -85.7% |
| 2012 | 16.98x | $1.85 Billion | $109.00 Million | ▲ +1248.2% |
| 2011 | 1.26x | $2.43 Billion | $1.93 Billion | ▼ -31.4% |
| 2010 | 1.84x | $1.72 Billion | $937.87 Million | ▲ +3.2% |
| 2008 | 1.78x | $1.71 Billion | $960.75 Million | ▲ +37.8% |
| 2007 | 1.29x | $2.21 Billion | $1.71 Billion | ▲ +1.2% |
| 2006 | 1.28x | $1.94 Billion | $1.52 Billion | ▲ +23.8% |
| 2005 | 1.03x | $1.25 Billion | $1.21 Billion | ▼ -14.4% |
| 2004 | 1.20x | $1.63 Billion | $1.35 Billion | ▼ -97.7% |
| 2003 | 51.89x | $801.75 Million | $15.45 Million | ▲ +2736.3% |
| 2002 | 1.83x | $492.14 Million | $269.00 Million | ▼ -41.2% |
| 2001 | 3.11x | $1.58 Billion | $507.83 Million | ▲ +288.8% |
| 2000 | 0.80x | $1.65 Billion | $2.06 Billion | ▼ -44.7% |
| 1999 | 1.45x | $1.08 Billion | $746.70 Million | ▼ -50.8% |
| 1998 | 2.94x | $816.40 Million | $277.67 Million | ▲ +108.9% |
| 1997 | 1.41x | $701.70 Million | $498.50 Million | ▲ +22.0% |
| 1996 | 1.15x | $692.00 Million | $599.60 Million | ▲ +267.3% |
| 1995 | 0.31x | $142.70 Million | $454.10 Million | ▼ -37.5% |
| 1994 | 0.50x | $111.00 Million | $220.70 Million | ▼ -57.1% |
| 1993 | 1.17x | $117.00 Million | $99.70 Million | ▼ -21.7% |
| 1992 | 1.50x | $59.20 Million | $39.50 Million | ▲ +0.7% |
| 1991 | 1.49x | $39.00 Million | $26.20 Million | ▲ +19.7% |
| 1990 | 1.24x | $42.40 Million | $34.10 Million | ▲ +315.8% |
| 1989 | 0.30x | $15.40 Million | $51.50 Million | — |