ASML Holding N.V.

ASML Technology Semiconductor Equipment & Materials

ASML Holding N.V.’s revenue for fiscal 2025 (year ended December 2025) was $37.0 billion, up 20.8% from fiscal 2024.

Revenue
+52.8%
EPS
+132.1%
Free cash flow
+4,578.0%
Total debt
−28.5%

Quarter to September 2026, against a year earlier

1,418.99 62.34 +4.60%
Market cap
$522.9B
P/E
33.7×
Fwd P/E
34.0×
Dividend yield
0.68%
F-score
8/9
Altman Z
9.14
Beneish M
−2.87
Dividend safety
80/100

ASML Holding N.V. (ASML) Operating margin

Alert me on Operating margin

ASML Holding N.V.'s operating margin over the twelve months to 30 September 2026 was 38.6%, up 4.0 percentage points from fiscal 2025 (34.6%). Over the past ten years it has ranged from 23.6% (fiscal 2019) to 36.3% (fiscal 2021); the current reading is higher than 91% of that period. That is above the Semiconductor Equipment & Materials industry median of 12.0% and above the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 34.6% 2.68
FY2024 31.9% (0.89)
FY2023 32.8% 2.11
FY2022 30.7% (5.57)
FY2021 36.3% 7.29
FY2020 29.0% 5.37
FY2019 23.6% (3.49)
FY2018 27.1% (0.47)
FY2017 27.6% 3.17
FY2016 24.4% (0.49)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 44.4% 7.30
Jun 2026 37.1% 1.04
Mar 2026 36.0% 0.65
Dec 2025 35.4% 2.53
43 more quarters

Against its own ten years

Low 23.6% High 36.3%
Ten-year median 29.0%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
KLAC KLA Corporation compare 42.6%
ASML ASML Holding N.V. 38.6%
LRCX Lam Research Corporation compare 37.0%
TER Teradyne, Inc. compare 32.1%
AMAT Applied Materials, Inc. compare 29.6%
NVMI Nova Ltd. compare 29.0%
Q Qnity Electronics, Inc. compare 20.0%
ENTG Entegris, Inc. compare 18.2%
ONTO Onto Innovation Inc. compare 12.0%
Semiconductor Equipment & Materials industry median 12.0%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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