As of Q1'26, Applied Materials ( AMAT ) reported an ROA of 5.38%, ROE of 9.33%, and ROIC of 5.31%. These latest figures reflect a moderate recovery from the notable dip observed in Q1'25, with ROA and ROIC both rebounding from their respective lows of 3.55% and 5.02%. Over the period from Q2'23 to Q1'26, the chart shows that all three profitability metrics—ROA, ROE, and ROIC—exhibited a generally volatile trend. After peaking in Q4'23 (ROA at 6.52%, ROE at 12.26%, ROIC at 9.41%), each metric declined steadily, reaching their lowest points in Q1'25, before partially recovering in subsequent quarters. Despite the recent uptick, the metrics remain below their previous highs, indicating ongoing challenges in operational efficiency and capital returns for AMAT.