ASML Holding N.V. provides lithography solutions for the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems. The company offers lithography, metrology, and inspection systems. It also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography systems solutions to manufacture various range of semiconductor nodes and technologies. In addition, the company offers metrology and inspection systems, including YieldStar optical metrology systems, a diffraction-based wafer metrology platform to assess the quality of patterns on the wafers; and HMI electron beam solutions to locate and analyze individual chip defects. Further, it provides computational lithography solutions, and lithography systems and control software solutions; and refurbishes and upgrades lithography systems, as well as offers customer support and related services. Additionally, the company offers hardware, software, and services to chipmakers to produce the patterns of integrated circuits. It operates in Japan, South Korea, Singapore, Taiwan, China, rest of Asia, the Netherlands, rest of Europe, the Middle East, Africa, and the United States. The company was formerly known as ASM Lithography Holding N.V. and changed its name to ASML Holding N.V. in 2001. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $32.7B | $12.6B | $9.6B | $11.0B | 49.0% | 15.6% | 26.9% |
| 2024 | $28.3B | $10.1B | $7.6B | $9.1B | 41.0% | 2.6% | -3.4% |
| 2023 | $27.6B | $10.0B | $7.8B | $3.2B | 58.3% | 30.2% | 39.4% |
| 2022 | $21.2B | $7.1B | $5.6B | $7.2B | 63.8% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 21,173.40 | 27,558.50 | 28,262.90 | 32,667.30 |
| Cost Of Revenue | - | 10,473.30 | 13,422.40 | 13,770.90 | 15,409.30 |
| Gross Profit | - | 10,700.10 | 14,136.10 | 14,492 | 17,258 |
| Operating Expense | - | 4,199.40 | 5,093.80 | 5,469.40 | 5,956.60 |
| Operating Income | - | 6,500.70 | 9,042.30 | 9,022.60 | 11,301.40 |
| EBITDA | - | 7,100.50 | 9,976 | 10,123.60 | 12,550.30 |
| EBIT | - | 6,516.90 | 9,236.20 | 9,205 | 11,524.40 |
| Pretax Income | - | 6,456.10 | 9,083.50 | 9,042.40 | 11,406.10 |
| Tax Provision | - | 969.90 | 1,435.80 | 1,680.60 | 2,013.40 |
| Net Income | - | 5,624.20 | 7,839 | 7,571.60 | 9,609.40 |
| Net Income Common Stockholders | - | 5,624.20 | 7,839 | 7,571.60 | 9,609.40 |
| Total Expenses | - | 14,672.70 | 18,516.20 | 19,240.30 | 21,365.90 |
| Interest Expense | - | 60.80 | 152.70 | 162.60 | 118.30 |
| Interest Income | - | 16.20 | 193.90 | 182.40 | 223 |
| Research And Development | - | 3,253.50 | 3,980.60 | 4,303.70 | 4,698.80 |
| Selling General And Administration | - | 945.90 | 1,113.20 | 1,165.70 | 1,257.80 |
| Normalized EBITDA | - | 7,100.50 | 9,976 | 10,123.60 | 12,550.30 |
| Normalized Income | - | 5,624.20 | 7,839 | 7,571.60 | 9,609.40 |
| Market Cap | 561,823 | 561,823 | 561,823 | 561,823 | 561,823 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| ASML Holding N.V.this co. | ASML | $532.4B | 58.47 | 28.65 | 49.0% | 44.09 |
| Advanced Micro Devices, Inc. | AMD | $564.6B | 130.81 | 9.00 | 6.9% | 77.72 |
| Micron Technology, Inc. | MU | $553.6B | 65.60 | 10.34 | 15.8% | 30.61 |
| Oracle Corporation | ORCL | $483.5B | 40.05 | 24.37 | 60.8% | 24.74 |
| Cisco Systems, Inc. | CSCO | $344.5B | 34.54 |
| - |
| - |
| - |
| - |
| - |
| 7.51 |
| 21.7% |
| 23.95 |
| Lam Research Corporation | LRCX | $343.8B | 62.50 | 33.96 | 54.3% | 51.05 |
| Palantir Technologies Inc. | PLTR | $336.9B | 210.60 | 46.33 | 22.0% | 236.80 |
| Applied Materials, Inc. | AMAT | $335.0B | 47.29 | 16.21 | 34.3% | 33.16 |
| Arm Holdings plc | ARM | $300.0B | 314.86 | 36.46 | 11.6% | 244.22 |
| Peer Median | - | 64.05 | 20.29 | 21.9% | 42.10 | |