ASMLNasdaqSpecial Industry Machinery, NECFiscal year ends December 31Also trades as ASMLF

ASML HOLDING NV

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Feb 25, 2026

$1647.12+5.60 (+0.34%)

Close on Oct 19, 2026

Margins

Share of revenue, fiscal years 2011 to 2025

52.8%+4.2 pts over 5 years

34.6%+5.6 pts over 5 years

29.4%+4.0 pts over 5 years

Compound annual growth to fiscal 2025

Per year	1 year	3 years	5 years	10 years
Revenue	+15.6%	+15.6%	+18.5%	+17.9%
Gross profit	+19.1%	+17.3%	+20.5%	+19.5%
Operating income	+25.3%	+20.2%	+22.8%	+21.9%
Net income	+26.9%	+19.5%	+22.0%	+21.4%
EPS, diluted	+28.4%	+20.5%	+23.8%	+22.6%
Free cash flow	+21.8%	+15.4%	+24.8%	+21.0%

10 fiscal years. Hover a measure to see how it is calculated.

Measure	FY2016	FY2020	FY2025
Return on equity	16.9%	26.9%	50.5%
Return on assets	10.2%	14.2%	19.4%
Current ratio	2.61	2.41	1.26
Debt to equity	0.33	0.34	0.22
Net debt to EBITDA	0.20×	-0.30×	-0.69×
Interest coverage	46.3×	93.6×	95.5×
Inventory turnover	1.4×	1.7×	1.4×
Capex to revenue	4.6%	6.9%	4.8%
Diluted shares	428M	419M	389M

Return on equity split into margin, efficiency and leverage

Net margin29.4%

Asset turnover0.66×

Equity multiplier2.60×

Return on equity, FY202550.5%

Fiscal year	Net margin	Asset turnover	Equity multiplier	Return on equity
FY2025	29.4%	0.66×	2.60×	50.5%
FY2024	26.8%	0.64×	2.77×	47.4%
FY2023	28.4%	0.72×	3.43×	70.4%
FY2022	26.6%	0.64×	3.51×	59.4%
FY2021	31.6%	0.65×	2.40×	49.0%
FY2020	25.4%	0.56×	1.89×	26.9%
FY2019	21.9%	0.55×	1.76×	21.4%
FY2018	23.7%	0.57×	1.72×	23.2%
FY2017	23.1%	0.51×	1.71×	20.0%
FY2016	22.7%	0.45×	1.66×	16.9%