ASML (ASML) Stock Analysis

October 26, 2026

This is a peer-relative look at ASML (ASML): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Semiconductors & Semiconductor Equipment peers, so every number reads in context rather than in isolation.

Company Profile

ASML (ASML) trades as an ADR rather than ordinary local shares — read it with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile fields for ASML (ASML)
Profile Item	ASML
Name	ASML Holding N.V. NY Registered Shares
Country/Region	Netherlands
GICS Sector	Information Technology
GICS Industry Group	Semiconductors & Semiconductor Equipment
GICS Industry	Semiconductors & Semiconductor Equipment
GICS Sub-Industry	Semiconductor Materials & Equipment
Market Capitalization	605.80 billion USD
Currency	USD
Exchange	Nasdaq
Listing Date	March 15, 1995
Security Type	ADR

Price Performance

Cumulative Growth

ASML

GSPC

ASML (ASML) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for ASML (ASML) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for ASML (ASML) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

ASML (ASML) metric values compared with Semiconductors & Semiconductor Equipment industry-group medians
Metric	Current stock: ASML	Industry group median
Total Return (1Y)	52.66%	28.56%
Total Return (3Y, Annualized)	39.96%	24.37%
Total Return (5Y, Annualized)	15.52%	10.31%

Risk Profile

Drawdown History

ASML

GSPC

ASML (ASML) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for ASML (ASML) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

ASML (ASML) metric values compared with Semiconductors & Semiconductor Equipment industry-group medians
Metric	Current stock: ASML	Industry group median
Volatility (1Y, Annualized)	46.60%	71.41%
Beta (5Y)	1.80	1.85
Max Drawdown (5Y)	-56.47%	-64.89%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. ASML is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

ASML (ASML) metric values compared with Semiconductors & Semiconductor Equipment industry-group medians
Metric	Current stock: ASML	Industry group median
Sharpe Ratio (1Y)	1.04	0.37
Sortino Ratio (1Y)	1.57	0.56

Profitability

ROE (TTM)

ASML (ASML) posts ROE of 65.64%, above the industry benchmark range. Equity is being turned into profit at an exceptional rate, but very high ROE should still be checked against leverage, buybacks, and the size of the equity base.

ASML

Semiconductors & Semiconductor Equipment industry group

65.64%

Group distribution

ASML: 65.64%
Max: 44.25%
Q3: 21.16%
Median: 9.12%
Q1: -2.07%
Min: -16.89%

Largest peers

NVDA: 117.21%
SKHY: 92.68%
MU: 88.26%
ASML: 65.64%
AVGO: 44.25%
TSM: 41.86%
AMD: 10.20%

Where ASML (ASML) stands on ROE within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

ASML (ASML) keeps 34.14% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

ASML

Semiconductors & Semiconductor Equipment industry group

34.14%

Group distribution

Max: 58.15%
ASML: 34.14%
Q3: 24.02%
Median: 10.09%
Q1: 0.00%
Min: -34.50%

Largest peers

SKHY: 85.62%
MU: 63.80%
NVDA: 63.66%
TSM: 51.12%
AVGO: 42.94%
ASML: 34.14%
AMD: 15.58%

Where ASML (ASML) stands on net margin within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

ASML (ASML) turns 44.36% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.

ASML

Semiconductors & Semiconductor Equipment industry group

44.36%

Group distribution

Max: 54.31%
ASML: 44.36%
Q3: 23.80%
Median: 15.10%
Q1: 3.21%
Min: -27.51%

Largest peers

MU: 80.68%
SKHY: 76.33%
NVDA: 66.24%
TSM: 58.66%
AVGO: 54.31%
ASML: 44.36%
AMD: 17.25%

Where ASML (ASML) stands on operating margin within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

ASML (ASML) metric values compared with Semiconductors & Semiconductor Equipment industry-group medians
Metric	Current stock: ASML	Industry group median
ROE (TTM)	65.64%	9.12%
ROA (TTM)	18.28%	4.13%
Net Margin (TTM)	34.14%	10.09%
Operating Margin (TTM)	44.36%	15.10%
Gross Margin (TTM)	54.34%	49.09%

Growth

Revenue Growth

ASML (ASML) grew revenue 15.58%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

ASML (ASML): Revenue Growth across different time periods, set against Semiconductors & Semiconductor Equipment industry-group medians.

EPS Growth

ASML (ASML) grew earnings per share 28.43%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

ASML (ASML): EPS Growth across different time periods, set against Semiconductors & Semiconductor Equipment industry-group medians.

Growth Metrics

ASML (ASML) metric values compared with Semiconductors & Semiconductor Equipment industry-group medians
Metric	Current stock: ASML	Industry group median
Revenue Growth (YoY)	15.58%	9.94%
Revenue Growth (3Y CAGR)	15.55%	-0.01%
EPS Growth (YoY)	28.43%	4.81%
EPS Growth (3Y CAGR)	15.42%	-10.01%

Financial Strength

Current Ratio (MRQ)

ASML (ASML) has current ratio of 1.49, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.

ASML

Semiconductors & Semiconductor Equipment industry group

1.49

Group distribution

Max: 9.75
Q3: 5.37
Median: 3.30
Q1: 2.25
ASML: 1.49
Min: 1.03

Largest peers

NVDA: 4.59
MU: 3.31
AMD: 2.61
SKHY: 2.59
TSM: 2.51
AVGO: 2.50
ASML: 1.49

Where ASML (ASML) stands on current ratio within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

ASML (ASML) has debt-to-equity ratio of 0.09, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

ASML

Semiconductors & Semiconductor Equipment industry group

0.09

Group distribution

Max: 1.44
Q3: 0.65
Median: 0.18
ASML: 0.09
Q1: 0.04
Min: 0.00

Largest peers

AVGO: 0.60
NVDA: 0.17
TSM: 0.12
ASML: 0.09
SKHY: 0.08
AMD: 0.06
MU: 0.04

Where ASML (ASML) stands on debt-to-equity ratio within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

ASML (ASML) metric values compared with Semiconductors & Semiconductor Equipment industry-group medians
Metric	Current stock: ASML	Industry group median
Current Ratio (MRQ)	1.49	3.30
Debt / Equity (MRQ)	0.09	0.18
Net Debt / EBITDA	-0.67	-0.55

Dividends

Dividend Yield (TTM)

ASML (ASML) has dividend yield of 0.48%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

ASML

Semiconductors & Semiconductor Equipment industry group

0.48%

Group distribution

Max: 1.12%
Q3: 0.48%
ASML: 0.48%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

SKHY: 2,847.60%
TSM: 1.46%
AVGO: 0.80%
ASML: 0.48%
NVDA: 0.13%
MU: 0.07%
AMD: 0.00%

Where ASML (ASML) stands on dividend yield within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

ASML (ASML) has payout ratio of 22.26%, above the industry’s usual payout band. A larger share of earnings is going to dividends, so the cushion narrows if profit weakens.

ASML

Semiconductors & Semiconductor Equipment industry group

22.26%

Group distribution

Max: 45.89%
ASML: 22.26%
Q3: 19.14%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

AVGO: 32.44%
TSM: 24.46%
ASML: 22.26%
NVDA: 3.54%
MU: 0.71%
SKHY: 0.00%
AMD: 0.00%

Where ASML (ASML) stands on payout ratio within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

ASML (ASML) metric values compared with Semiconductors & Semiconductor Equipment industry-group medians
Metric	Current stock: ASML	Industry group median
Dividend Yield (TTM)	0.48%	0.00%
Dividend Payout Ratio (TTM)	22.26%	0.00%

Valuation

P/E Ratio (TTM)

ASML (ASML) trades at P/E ratio of 38.68, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

ASML

Semiconductors & Semiconductor Equipment industry group

38.68

Group distribution

Max: 131.83
Q3: 75.24
Median: 42.42
ASML: 38.68
Q1: 26.67
Min: 8.74

Largest peers

AMD: 131.83
AVGO: 42.95
ASML: 38.68
TSM: 27.12
NVDA: 26.67
MU: 11.81
SKHY: 8.74

Where ASML (ASML) stands on P/E ratio within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

ASML (ASML) trades at 15.35 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.

ASML

Semiconductors & Semiconductor Equipment industry group

15.35

Group distribution

Max: 29.47
ASML: 15.35
Q3: 13.72
Median: 6.92
Q1: 3.08
Min: 0.01

Largest peers

AMD: 20.42
AVGO: 17.23
NVDA: 16.81
ASML: 15.35
MU: 7.45
TSM: 0.44
SKHY: 0.01

Where ASML (ASML) stands on P/S ratio within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

ASML (ASML) trades at 1,349.62 on P/B ratio, above the industry benchmark range. Investors are putting an unusually rich price on each dollar of book equity relative to peers.

ASML

Semiconductors & Semiconductor Equipment industry group

1,349.62

Group distribution

ASML: 1,349.62
Max: 16.75
Q3: 8.96
Median: 4.96
Q1: 2.62
Min: 0.16

Largest peers

ASML: 1,349.62
TSM: 79.87
NVDA: 22.25
AVGO: 15.40
AMD: 12.55
MU: 7.17
SKHY: 4.93

Where ASML (ASML) stands on P/B ratio within its Semiconductors & Semiconductor Equipment peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

ASML (ASML) metric values compared with Semiconductors & Semiconductor Equipment industry-group medians
Metric	Current stock: ASML	Industry group median
P/E Ratio (TTM)	38.68	42.42
P/S Ratio (TTM)	15.35	6.92
P/B Ratio (MRQ)	1,349.62	4.96
Free Cash Flow Yield (TTM)	1.71%	1.10%