Applied Materials Inc (AMAT) — Financial Flexibility Index

Latest as of April 2026: 0.09x

Applied Materials Inc (AMAT) has a Financial Flexibility Index of 0.09x as of April 2026. Free cash flow of $1.48 Billion (operating CF $843.00 Million minus capex $635.00 Million) represents 0% of total liabilities ($16.38 Billion). Check AMAT cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.09x
Free Cash Flow / Total Liabilities

Free Cash Flow

$1.48 Billion
Operating CF − Capex

Total Liabilities

$16.38 Billion
USD

Capital Expenditures

$635.00 Million
USD

Applied Materials Inc Financial Flexibility Index (1989–2025)

Historical Financial Flexibility Index trend for Applied Materials Inc across 37 annual periods. For the full cash flow conversion analysis, see AMAT cash flow metrics.

Annual Financial Flexibility Index for Applied Materials Inc (1989–2025)

Year-by-year free cash flow to debt coverage for Applied Materials Inc. Explore Applied Materials Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.64x $10.22 Billion $7.96 Billion $15.88 Billion ▲ +0.5%
2024 0.64x $9.87 Billion $8.68 Billion $15.41 Billion ▼ -6.1%
2023 0.68x $9.81 Billion $8.70 Billion $14.38 Billion ▲ +60.2%
2022 0.43x $6.19 Billion $5.40 Billion $14.53 Billion ▼ -5.4%
2021 0.45x $6.11 Billion $5.44 Billion $13.58 Billion ▲ +25.4%
2020 0.36x $4.23 Billion $3.80 Billion $11.78 Billion ▲ +5.2%
2019 0.34x $3.69 Billion $3.25 Billion $10.81 Billion ▼ -15.4%
2018 0.40x $4.41 Billion $3.79 Billion $10.93 Billion ▲ +2.7%
2017 0.39x $3.95 Billion $3.61 Billion $10.07 Billion ▲ +6.4%
2016 0.37x $2.72 Billion $2.47 Billion $7.37 Billion ▲ +106.0%
2015 0.18x $1.38 Billion $1.16 Billion $7.70 Billion ▼ -53.7%
2014 0.39x $2.04 Billion $1.80 Billion $5.27 Billion ▲ +133.9%
2013 0.17x $820.00 Million $623.00 Million $4.96 Billion ▼ -60.0%
2012 0.41x $2.01 Billion $1.85 Billion $4.87 Billion ▼ -20.6%
2011 0.52x $2.63 Billion $2.43 Billion $5.06 Billion ▼ -6.2%
2010 0.56x $1.89 Billion $1.72 Billion $3.41 Billion ▲ +136.7%
2009 0.23x $581.80 Million $333.38 Million $2.48 Billion ▼ -59.4%
2008 0.58x $2.00 Billion $1.71 Billion $3.46 Billion ▼ -33.8%
2007 0.87x $2.47 Billion $2.21 Billion $2.83 Billion ▲ +16.8%
2006 0.75x $2.12 Billion $1.94 Billion $2.83 Billion ▲ +20.9%
2005 0.62x $1.45 Billion $1.25 Billion $2.34 Billion ▼ -3.7%
2004 0.64x $1.82 Billion $1.63 Billion $2.83 Billion ▲ +35.0%
2003 0.48x $1.07 Billion $801.75 Million $2.24 Billion ▲ +15.3%
2002 0.41x $909.22 Million $492.14 Million $2.21 Billion ▼ -60.0%
2001 1.03x $2.29 Billion $1.58 Billion $2.22 Billion ▲ +74.4%
2000 0.59x $2.04 Billion $1.65 Billion $3.44 Billion ▲ +9.1%
1999 0.54x $1.28 Billion $1.08 Billion $2.37 Billion ▼ -22.5%
1998 0.70x $1.26 Billion $816.40 Million $1.81 Billion ▲ +43.0%
1997 0.49x $1.04 Billion $701.70 Million $2.13 Billion ▼ -45.8%
1996 0.90x $1.14 Billion $692.00 Million $1.27 Billion ▲ +161.4%
1995 0.35x $408.30 Million $142.70 Million $1.18 Billion ▼ -12.7%
1994 0.40x $291.40 Million $111.00 Million $736.40 Million ▼ -4.7%
1993 0.42x $216.40 Million $117.00 Million $521.40 Million ▲ +25.3%
1992 0.33x $125.80 Million $59.20 Million $379.70 Million ▲ +4.3%
1991 0.32x $106.50 Million $39.00 Million $335.30 Million ▼ -46.7%
1990 0.60x $153.50 Million $42.40 Million $257.70 Million ▲ +83.4%
1989 0.32x $58.30 Million $15.40 Million $179.50 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities