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

1,417.00 60.35 +4.45%
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) Return on invested capital

Alert me on Return on invested capital

ASML Holding N.V.'s return on invested capital over the twelve months to 30 September 2026 was 84.9%, up 18.8 percentage points from fiscal 2025 (66.1%). Over the past ten years it has ranged from 11.4% (fiscal 2016) to 71.3% (fiscal 2022); the current reading is higher than 91% of that period. That is above the Semiconductor Equipment & Materials industry median of 6.36% and above the Technology sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 66.1% 12.03
FY2024 54.1% 3.07
FY2023 51.0% (20.31)
FY2022 71.3% 12.21
FY2021 59.1% 36.51
FY2020 22.6% 6.82
FY2019 15.8% (1.56)
FY2018 17.4% 2.38
FY2017 15.0% 3.57
FY2016 11.4% (4.60)

Against its own ten years

Low 11.4% High 71.3%
Ten-year median 22.6%
Current reading's percentile 91

Return on invested capital against peers

Company Return on invested capital
ASML ASML Holding N.V. 84.9%
LRCX Lam Research Corporation compare 59.1%
KLAC KLA Corporation compare 51.5%
TER Teradyne, Inc. compare 31.2%
AMAT Applied Materials, Inc. compare 24.9%
NVMI Nova Ltd. compare 14.4%
Q Qnity Electronics, Inc. compare 6.36%
ONTO Onto Innovation Inc. compare 5.56%
ENTG Entegris, Inc. compare 5.54%
Semiconductor Equipment & Materials industry median 6.36%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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