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Netherlands
In shortAsml Holding N.v. is profitable, generates cash and holds more cash than debt, with revenue growing (+15.6% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 36.9% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 31.3% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 44.2% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 34.7% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.24× | 36/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.18× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 101.89× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 37.5% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.20× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 12.6% | 64/100 |
| Operating margin volatility | 1.5% | 95/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 15.6% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | 17.8% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
2 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
EUR millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 18,611 | 21,173 | 27,559 | 28,263 | 32,667 |
| Cost of revenue | 9,194 | 10,661 | 13,784 | 13,979 | 15,736 |
| Gross profit | 9,417 | 10,513 | 13,774 | 14,284 | 16,931 |
| Research & development | 1,862 | 2,282 | 3,113 | 3,181 | 3,620 |
| Selling, general & admin | 726 | 910 | 1,149 | 1,166 | 1,258 |
| Operating income | 7,044 | 7,321 | 9,512 | 9,937 | 12,054 |
| Interest expense | 55 | 61 | 153 | 163 | 118 |
| Pre-tax income | 6,999 | 7,276 | 9,553 | 9,957 | 12,159 |
| Income tax | 1,064 | 1,019 | 1,629 | 1,818 | 2,162 |
| Net income | 6,135 | 6,396 | 8,115 | 8,349 | 10,213 |
| Diluted EPS | €14.95 | €16.07 | €20.59 | €21.21 | €26.26 |
| Diluted shares (millions) | 410 | 398 | 394 | 394 | 389 |
2 older years available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
8/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Feb 25, 2026