MARKETS / NASDAQ / ASML

NASDAQ · SPECIAL INDUSTRY MACHINERY, NEC · LARGE CAP

Asml Holding NV ASML

19 fiscal years on record · EUR · FY2025 reported · SEC filings only

4 YEARS OF DIVIDEND GROWTH

Revenue

€32.7B

▲ 15.6% YoY

Net income

€9.6B

▲ 26.9% YoY

Free cash flow

€11.1B

▲ 21.8% YoY

In brief

What this company does

ASML delivers lithography solutions in support of applications from advanced to mainstream nodes. Its EUV lithography systems are used for critical layers on advanced microchips. Its TWINSCAN NXE platform was first introduced in 2013 and is now widely adopted in high-volume manufacturing by its major customers. Its immersion and dry lithography systems use a range of light sources, including argon fluoride lasers, krypton fluoride lasers and mercury vapor discharge lamps, to offer wavelengths used in the semiconductor industry. It offers two categories of metrology and inspection systems, for use before and after etching: pre-etch metrology measures the overlay and focus of the lithography system based on the pattern printed on the photoresist, and post-etch metrology measures the overlay and CD of the final patterns formed on the wafer.

Written from the business description in ASML HOLDING NV's annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.

Growth

EUR 32.7B

Revenue, FY2025 · full 19-year series below

Revenue €B Net income €B

FY2025 · Revenue 32.7 · Net income 9.6

Compound annual growth

Revenue

+15.6%

+18.5%

+17.9%

+14.1%

Net income

+19.5%

+22.0%

+21.4%

+16.1%

EPS, diluted

+20.5%

+23.8%

+22.6%

+17.0%

Dividend / share

+5.2%

+26.0%

Returned to shareholders

+8.6%

+37.6%

+21.2%

+32.5%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +18.5% a year over five years — but profit grew faster: net income at +22.0%, earnings per share at +23.8%.

The share count fell from 0.42B to 0.39B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

29 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 34.6% · Net 29.4%

ROE

FY2025 · ROE 50.5%

Gross margin52.8%

Operating margin34.6%

Net margin29.4%

Return on assets19.4%

EBITDAEUR 12.3B

Each EUR of equity produced 50 cents of profit this year.

Cash & shareholders

EUR 6.0B

returned in FY2025 · dividends + net buybacks

Free cash flow €B

FY2025 · FCF 11.1

Net buybacks €B Dividends €B

FY2025 · Dividends — · Net buybacks 6.0

Dividends paid—

Net buybacksEUR 6.0B

Share of profit61.9%

Consecutive raises4 years

EUR 6.0B in buybacks — 62% of the year's profit went back to shareholders.

Total assetsEUR 50.6B

EquityEUR 19.6B

CashEUR 12.9B

Gross debtEUR 4.4B

Net debtEUR -8.5B

Current ratio1.26×

The company holds more cash than debt.

The 19-year record

19 fiscal years

Every figure from documents filed with the SEC · EUR

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue €B	32.7	28.3	27.6	21.2	18.6	14.0	11.8	10.9	9.0	6.9	6.3	5.9	5.2	4.7	5.7	4.5	1.6	3.0	3.8
Operating income €B	11.3	9.0	9.0	6.5	6.8	4.1	2.8	3.0	2.4	1.8	1.6	1.3	1.0	1.2	1.6	1.3	−0.2	0.3	0.8
EBITDA €B	12.3	9.9	9.8	7.1	7.2	4.5	3.2	3.4	2.9	2.1	1.9	1.5	1.3	1.3	1.8	1.4	−0.0	·	·
Income tax €B	2.0	1.7	1.4	1.0	1.0	0.6	0.2	0.4	0.3	0.2	0.2	0.1	0.0	0.0	0.2	0.2	−0.0	−0.0	0.2
Net income €B	9.6	7.6	7.8	5.6	5.9	3.6	2.6	2.6	2.1	1.6	1.4	1.2	1.0	1.1	1.5	1.0	−0.2	0.3	0.7
Free cash flow €B	11.1	9.1	3.3	7.2	9.9	3.7	2.5	2.5	1.5	1.3	1.7	0.7	0.8	0.5	1.8	0.8	−0.0	0.0	0.5
EPS, diluted €	24.71	19.24	19.89	14.13	14.34	8.48	6.15	6.08	4.79	3.64	3.21	2.72	2.34	2.68	3.42	2.33	−0.35	0.74	1.41
Dividend / sh €	·	6.40	6.10	5.80	5.50	2.75	·	·	·	·	·	·	·	·	·	0.40	0.20	·	·
Payout %	·	·	·	·	·	·	·	23	25	29	22	22	21	16	12	9	−57	33	0
ROE %	50.5	47.4	70.4	59.4	49.0	26.9	21.4	23.2	20.0	16.9	17.4	16.6	18.5	30.5	47.2	44.9	−8.0	16.6	35.5
Shares out B	0.39	0.39	0.39	0.39	0.40	0.42	0.42	0.43	0.43	0.43	0.43	0.43	0.00	0.41	0.41	0.44	0.43	0.43	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Asml Holding NVvsFusion Fuel Green PLCSame industry: Special Industry Machinery, NEC Asml Holding NVvsSchmid Group N.v.Same industry: Special Industry Machinery, NEC

Provenance

Company facts, as filed

How we verify · 0 failures in 93 reconciliationsAUDITED

Reconciled in 19 of 19 fiscal years. 2 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivitySpecial Industry Machinery, NEC

Listed onNASDAQ

Incorporated innot stated in the filings

Fiscal year endsDecember 31

Data on record since2007