AMAT vs KLAC

Applied Materials and KLA Corporation, both Technology

Applied Materials is the larger company at $490B against $339B. On trailing earnings AMAT is the cheaper of the two at a P/E of 41.4 against 50.3, a gap that is only a bargain if the two are growing at similar rates. Over the past year AMAT returned +171% against +109% for KLAC. Ryufin's sector-relative Smart Score puts KLAC ahead, 9/10 against 7/10.

Applied Materials and KLA Corporationcompared on valuation, return and Ryufin’s Smart Score
FigureAMATKLAC
Last close$480$185
Market cap$490B$339B
Trailing P/Elower is cheaper for the same earnings, not automatically better41.450.3
Dividend yield0.4%3.7%
1-year return+171%+109%
5-year return+258%+458%
Ryufin Smart Scoresector-relative, 1–107/109/10

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Applied Materials

Revenue of $9.1B in Q3 2026, net income $2.5B. Its largest reported line is TW, 27% of the disclosed total.

KLA Corporation

Revenue of $3.7B in Q4 2026, net income $1.4B. Its largest reported line is Wafer Inspection, 51% of the disclosed total.

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