Applied Materials was founded in 1967 and is headquartered in Santa Clara, US

President and Chief Executive Officer

Group Vice President General Manager, Imaging and Process Control Group

Group Vice President General Manager, Patterning and Packaging Group

Senior Vice President, Engineering, Operations and Quality

Senior Vice President, Chief Financial Officer

Senior Vice President, General Counsel and Corporate Secretary

Senior Vice President, Chief Technology Officer

Senior Vice President General Manager, New Markets and Service Group

Group Vice President General Manager, Transistor and Interconnect Group

Group Vice President Human Resources

Group Vice President, Chief Information Officer

Applied Materials has offices in Santa Clara, Shenzhen, Nijmegen, Caponago and in 14 other locations

Santa Clara, US (HQ)

3050 Bowers Ave

Kuching, MY

Jalan Petanak

Chennai, IN

Csir Rd

Bernin, FR

864 Chemin De Pré Fontaine

Feldkirchen, DE

6 Philipp Hauck Straße

Catania, IT

7 Str. Viii Zona Industriale

Applied Materials's revenue was reported to be $10.8 b in FY, 2016 which is a **12% increase** from the previous period.

USD

## Revenue (FY, 2016) | 10.8 b |

## Revenue growth (FY, 2015 - FY, 2016), % | 12% |

## Gross profit (FY, 2016) | 4.5 b |

## Gross profit margin (FY, 2016), % | 42% |

## Net income (FY, 2016) | 1.7 b |

## EBIT (FY, 2016) | 2.2 b |

## Market capitalization (25-Jul-2017) | 50.4 b |

## Cash (31-Dec-2016) | 3.4 b |

## EV | 50.2 b |

Applied Materials's current market capitalization is $50.4 b.

- Source: SEC Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 7.5 b | 9.1 b | 9.7 b | 10.8 b |

## Revenue growth, % | 21% | 6% | 12% | |

## Cost of goods sold | 4.5 b | 5.2 b | 5.7 b | 6.3 b |

## Gross profit | 3 b | 3.8 b | 4 b | 4.5 b |

## Gross profit Margin, % | 40% | 42% | 41% | 42% |

## General and administrative expense | 390 m | |||

## Operating expense total | 2.6 b | 2.3 b | 2.3 b | 2.4 b |

## EBIT | 432 m | 1.5 b | 1.7 b | 2.2 b |

## EBIT margin, % | 6% | 17% | 18% | 20% |

## Interest expense | 95 m | 95 m | 103 m | 155 m |

## Interest income | 19 m | 23 m | 8 m | 16 m |

## Pre tax profit | 350 m | 1.4 b | 1.6 b | 2 b |

## Income tax expense | 94 m | 376 m | 221 m | 292 m |

## Net Income | 256 m | 1.1 b | 1.4 b | 1.7 b |

- Source: SEC Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 1.7 b | 3 b | 4.8 b | 3.4 b |

## Accounts Receivable | 1.6 b | 1.7 b | 1.7 b | 2.3 b |

## Inventories | 1.4 b | 1.6 b | 1.8 b | 2.1 b |

## Current Assets | 5.6 b | 7 b | 9.3 b | 8.4 b |

## PP&E | 850 m | 861 m | 892 m | 937 m |

## Goodwill | 3.3 b | 3.3 b | 3.3 b | 3.3 b |

## Total Assets | 12 b | 13.2 b | 15.3 b | 14.6 b |

## Accounts Payable | 1.6 b | 1.9 b | 1.8 b | 2.1 b |

## Total Debt | 3.1 b | |||

## Current Liabilities | 2.4 b | 2.8 b | 3.8 b | 3.6 b |

## Total Liabilities | 7.4 b | |||

## Additional Paid-in Capital | 6.2 b | 6.4 b | 6.6 b | 6.8 b |

## Retained Earnings | 12.5 b | 13.1 b | 14 b | 15.3 b |

## Total Equity | 7.1 b | 7.9 b | 7.6 b | 7.2 b |

## Debt to Equity Ratio | 0.4 x | |||

## Debt to Assets Ratio | 0.2 x | |||

## Financial Leverage | 1.7 x | 1.7 x | 2 x | 2 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 256 m | 1.1 b | 1.4 b | 1.7 b |

## Depreciation and Amortization | 389 m | |||

## Accounts Receivable | (404 m) | (21 m) | (61 m) | (542 m) |

## Inventories | (141 m) | (154 m) | (266 m) | (216 m) |

## Accounts Payable | 78 m | 79 m | (133 m) | 107 m |

## Cash From Operating Activities | 623 m | 1.8 b | 1.2 b | 2.5 b |

## Capital Expenditures | (197 m) | (241 m) | (215 m) | (253 m) |

## Cash From Investing Activities | 215 m | 161 m | 281 m | 425 m |

## Cash From Financing Activities | 519 m | 348 m | 913 m | 3.4 b |

## Free Cash Flow | 820 m | 2 b | 1.4 b | 2.2 b |

USD | Y, 2016 |
---|---|

## EV/EBIT | 23.3 x |

## EV/CFO | 20.3 x |

## EV/FCF | 22.7 x |

## Revenue/Employee | 709.1 k |

## Debt/Equity | 0.4 x |

## Debt/Assets | 0.2 x |

## Financial Leverage | 2 x |

Applied Materials's Backlog was reported to be $4.6 b in FY, 2016

Source: 506 public H-1B filings from Applied Materials