Comparison

APPLIED MATERIALS INC /DE (AMAT) vs TERADYNE, INC (TER)

The same filed metrics for both companies, side by side.

What each names as a risk in its own annual report, how each is priced against its own history, and the tracked managers whose latest 13F reports a position in both.

Financials

AMAT

APPLIED MATERIALS INC /DE

Semiconductor Equipment & Materials

Revenue, FY25: $28.37B
Net income: $7B
Operating cash flow: $7.96B
Free cash flow: $5.7B
Net margin: 24.67%
Operating margin: 29.22%
Gross margin: 48.67%

TER

TERADYNE, INC

Semiconductor Equipment & Materials

Revenue, FY25: $3.19B
Net income: $554M
Operating cash flow: $674M
Free cash flow: $450M
Net margin: 17.37%
Operating margin: 20.38%
Gross margin: 58.22%

Head-to-head

Filed growth, quality and valuation, read against each company’s own history rather than against the other side.

Metric	AMAT	TER
Revenue growth, latest filed year	+4.39%	+13.13%
Piotroski F-score	6 of 9	5 of 8
P/E against its own history	91.35% above	38.58% above

What each says it is exposed to

From Item 1A of each company’s most recent 10-K.

AMAT

Semiconductor supply
Tax
China
Cybersecurity
Supply chain
Tariffs

And 17 more.

TER

China
Debt covenants
Tariffs
Semiconductor supply
Tax
Currency moves

And 15 more.

Tracked managers holding both

Stephen Mandel Lone Pine Capital 5.34% · 4.42%
Joel Greenblatt Gotham Asset Management 0.23% · 0.12%
Baillie Gifford Baillie Gifford & Co 0.00% · 0.00%

Updated Aug 27, 2026 · the newer of the two companies' filings