Applied Materials Inc (AMAT) — Free Cash Flow Generation Index

Latest as of January 2026: 0.62x

Applied Materials Inc (AMAT) has a Free Cash Flow Generation Index of 0.62x as of January 2026. Free cash flow of $1.04 Billion represents 1% of operating cash flow ($1.69 Billion). See working capital position of Applied Materials Inc to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.62x
Free Cash Flow / Operating CF

Free Cash Flow

$1.04 Billion
USD

Operating Cash Flow

$1.69 Billion
USD

Capital Expenditures

$646.00 Million
USD

Applied Materials Inc Free Cash Flow Generation Index (1989–2025)

Historical FCF Generation Index trend for Applied Materials Inc across 37 annual periods. Explore AMAT operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Applied Materials Inc (1989–2025)

Year-by-year Free Cash Flow Generation Index for Applied Materials Inc. For the full company profile including market capitalisation, see Applied Materials Inc (AMAT) market capitalisation.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.72x $5.70 Billion $7.96 Billion $2.26 Billion ▼ -17.0%
2024 0.86x $7.49 Billion $8.68 Billion $1.19 Billion ▼ -1.1%
2023 0.87x $7.59 Billion $8.70 Billion $1.11 Billion ▲ +2.2%
2022 0.85x $4.61 Billion $5.40 Billion $787.00 Million ▼ -2.6%
2021 0.88x $4.77 Billion $5.44 Billion $668.00 Million ▼ -1.3%
2020 0.89x $3.38 Billion $3.80 Billion $422.00 Million ▲ +2.9%
2019 0.86x $2.81 Billion $3.25 Billion $441.00 Million ▲ +3.4%
2018 0.84x $3.17 Billion $3.79 Billion $622.00 Million ▼ -7.6%
2017 0.90x $3.26 Billion $3.61 Billion $345.00 Million ▲ +0.8%
2016 0.90x $2.21 Billion $2.47 Billion $253.00 Million ▲ +10.1%
2015 0.82x $948.00 Million $1.16 Billion $215.00 Million ▼ -5.9%
2014 0.87x $1.56 Billion $1.80 Billion $241.00 Million ▲ +26.7%
2013 0.68x $426.00 Million $623.00 Million $197.00 Million ▼ -25.1%
2012 0.91x $1.69 Billion $1.85 Billion $162.00 Million ▼ -0.1%
2011 0.91x $2.22 Billion $2.43 Billion $209.00 Million ▲ +1.3%
2010 0.90x $1.55 Billion $1.72 Billion $169.08 Million ▲ +253.9%
2009 0.25x $84.95 Million $333.38 Million $248.43 Million ▼ -69.4%
2008 0.83x $1.42 Billion $1.71 Billion $287.91 Million ▼ -5.5%
2007 0.88x $1.94 Billion $2.21 Billion $264.78 Million ▼ -3.0%
2006 0.91x $1.76 Billion $1.94 Billion $179.48 Million ▲ +8.0%
2005 0.84x $1.05 Billion $1.25 Billion $199.65 Million ▼ -4.9%
2004 0.88x $1.44 Billion $1.63 Billion $190.58 Million ▲ +31.9%
2003 0.67x $536.47 Million $801.75 Million $265.28 Million ▲ +338.7%
2002 0.15x $75.06 Million $492.14 Million $417.08 Million ▼ -72.3%
2001 0.55x $869.68 Million $1.58 Billion $710.62 Million ▼ -28.3%
2000 0.77x $1.27 Billion $1.65 Billion $383.25 Million ▲ +13.8%
1999 0.67x $729.30 Million $1.08 Billion $204.00 Million ▲ +49.8%
1998 0.45x $367.80 Million $816.40 Million $448.60 Million ▼ -12.7%
1997 0.52x $362.30 Million $701.70 Million $339.40 Million ▲ +49.2%
1996 0.35x $239.50 Million $692.00 Million $452.50 Million ▲ +140.2%
1995 -0.86x $-122.90 Million $142.70 Million $265.60 Million ▼ -37.7%
1994 -0.63x $-69.40 Million $111.00 Million $180.40 Million ▼ -515.6%
1993 0.15x $17.60 Million $117.00 Million $99.40 Million ▲ +220.3%
1992 -0.13x $-7.40 Million $59.20 Million $66.60 Million ▲ +82.9%
1991 -0.73x $-28.50 Million $39.00 Million $67.50 Million ▲ +54.9%
1990 -1.62x $-68.70 Million $42.40 Million $111.10 Million ▲ +9.3%
1989 -1.79x $-27.50 Million $15.40 Million $42.90 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).