AMAT vs. ASML: Applied Materials vs. ASML Stock Comparison

November 11, 2026

How do Applied Materials (AMAT) and ASML (ASML) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Applied Materials (AMAT) and ASML (ASML) are both classified in the Semiconductor Materials & Equipment sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

Applied Materials (AMAT) trades as ordinary local shares, while ASML (ASML) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Applied Materials (AMAT) and ASML (ASML)
Profile Item	AMAT	ASML
Name	Applied Materials Inc.	ASML Holding N.V. NY Registered Shares
Country/Region	United States	Netherlands
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Industry	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Sub-Industry	Semiconductor Materials & Equipment	Semiconductor Materials & Equipment
Market Capitalization	264.04 billion USD	549.12 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	March 17, 1980	March 15, 1995
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

AMAT

ASML

GSPC

Applied Materials (AMAT) vs. ASML (ASML), with S&P 500 (GSPC) for reference: 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 Applied Materials (AMAT) and ASML (ASML). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Applied Materials (AMAT) and ASML (ASML). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Applied Materials (AMAT) and ASML (ASML)
Metric	AMAT	ASML
Total Return (1Y)	62.12%	50.12%
Total Return (3Y, Annualized)	38.42%	34.80%
Total Return (5Y, Annualized)	19.86%	13.32%

Risk Profile

Drawdown History

AMAT

ASML

GSPC

Applied Materials (AMAT) vs. ASML (ASML), with S&P 500 (GSPC) for reference: 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 Applied Materials (AMAT) and ASML (ASML). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Applied Materials (AMAT) and ASML (ASML)
Metric	AMAT	ASML
Volatility (1Y, Annualized)	63.72%	48.80%
Beta (5Y)	1.68	1.80
Max Drawdown (5Y)	-55.80%	-56.47%
Avg. Volume (3M)	7.16M	1.42M

Risk-Adjusted Performance

Risk-Return Positioning

AMAT and ASML are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Applied Materials (AMAT) and ASML (ASML)
Metric	AMAT	ASML
Sharpe Ratio (1Y)	0.91	0.94
Sortino Ratio (1Y)	1.35	1.39

Profitability

ROE (TTM)

Both companies show strong equity returns, but ASML (ASML) at 65.64% is the standout with ROE above its industry range; Applied Materials (AMAT) at 41.07% also sits in the top quartile.

AMAT

Semiconductors & Semiconductor Equipment industry group

41.07%

Max: 52.82%
AMAT: 41.07%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

ASML

Semiconductors & Semiconductor Equipment industry group

65.64%

ASML: 65.64%
Max: 52.82%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

Applied Materials (AMAT) vs. ASML (ASML): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Applied Materials (AMAT) at 30.05% and ASML (ASML) at 34.14% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

AMAT

Semiconductors & Semiconductor Equipment industry group

30.05%

Max: 63.80%
AMAT: 30.05%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

ASML

Semiconductors & Semiconductor Equipment industry group

34.14%

Max: 63.80%
ASML: 34.14%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

Applied Materials (AMAT) vs. ASML (ASML): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Both Applied Materials (AMAT) at 33.74% and ASML (ASML) at 44.36% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

AMAT

Semiconductors & Semiconductor Equipment industry group

33.74%

Max: 58.66%
AMAT: 33.74%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

ASML

Semiconductors & Semiconductor Equipment industry group

44.36%

Max: 58.66%
ASML: 44.36%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

Applied Materials (AMAT) vs. ASML (ASML): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Applied Materials (AMAT) and ASML (ASML)
Metric	AMAT	ASML
ROE (TTM)	41.07%	65.64%
ROA (TTM)	15.48%	18.28%
Net Margin (TTM)	30.05%	34.14%
Operating Margin (TTM)	33.74%	44.36%
Gross Margin (TTM)	49.40%	54.34%

Growth

Revenue Growth

Both Applied Materials (AMAT) at 4.39% and ASML (ASML) at 15.58% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Applied Materials (AMAT) vs. ASML (ASML): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Applied Materials (AMAT) at 0.58% and ASML (ASML) at 28.43% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Applied Materials (AMAT) vs. ASML (ASML): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Applied Materials (AMAT) and ASML (ASML)
Metric	AMAT	ASML
Revenue Growth (YoY)	4.39%	15.58%
Revenue Growth (3Y CAGR)	3.23%	15.55%
EPS Growth (YoY)	0.58%	28.43%
EPS Growth (3Y CAGR)	5.19%	15.42%

Financial Strength

Current Ratio (MRQ)

Applied Materials (AMAT) at 2.42 keeps current ratio within its industry’s typical mid-range, while ASML (ASML) at 1.49 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ASML.

AMAT

Semiconductors & Semiconductor Equipment industry group

2.42

Max: 10.33
Q3: 5.62
Median: 3.33
AMAT: 2.42
Q1: 2.35
Min: 1.03

ASML

Semiconductors & Semiconductor Equipment industry group

1.49

Max: 10.33
Q3: 5.62
Median: 3.33
Q1: 2.35
ASML: 1.49
Min: 1.03

Applied Materials (AMAT) vs. ASML (ASML): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Applied Materials (AMAT) at 0.29 and ASML (ASML) at 0.09 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

AMAT

Semiconductors & Semiconductor Equipment industry group

0.29

Max: 1.46
Q3: 0.65
AMAT: 0.29
Median: 0.27
Q1: 0.04
Min: 0.00

ASML

Semiconductors & Semiconductor Equipment industry group

0.09

Max: 1.46
Q3: 0.65
Median: 0.27
ASML: 0.09
Q1: 0.04
Min: 0.00

Applied Materials (AMAT) vs. ASML (ASML): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Applied Materials (AMAT) and ASML (ASML)
Metric	AMAT	ASML
Current Ratio (MRQ)	2.42	1.49
Debt / Equity (MRQ)	0.29	0.09
Net Debt / EBITDA	-0.19	-0.67

Dividends

Dividend Yield (TTM)

Both Applied Materials (AMAT) at 0.62% and ASML (ASML) at 0.55% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

AMAT

Semiconductors & Semiconductor Equipment industry group

0.62%

Max: 1.37%
Q3: 0.65%
AMAT: 0.62%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ASML

Semiconductors & Semiconductor Equipment industry group

0.55%

Max: 1.37%
Q3: 0.65%
ASML: 0.55%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Applied Materials (AMAT) vs. ASML (ASML): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Applied Materials (AMAT) at 16.48% pays out a band-typical share of earnings, while ASML (ASML) at 22.26% distributes more than its industry norm — less retained, thinner cover.

AMAT

Semiconductors & Semiconductor Equipment industry group

16.48%

Max: 49.64%
Q3: 21.71%
AMAT: 16.48%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ASML

Semiconductors & Semiconductor Equipment industry group

22.26%

Max: 49.64%
ASML: 22.26%
Q3: 21.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Applied Materials (AMAT) vs. ASML (ASML): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Applied Materials (AMAT) and ASML (ASML)
Metric	AMAT	ASML
Dividend Yield (TTM)	0.62%	0.55%
Dividend Payout Ratio (TTM)	16.48%	22.26%

Valuation

P/E Ratio (TTM)

Both Applied Materials (AMAT) at 28.71 and ASML (ASML) at 35.06 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

AMAT

Semiconductors & Semiconductor Equipment industry group

28.71

Max: 110.34
Q3: 66.81
Median: 37.02
AMAT: 28.71
Q1: 23.96
Min: 8.12

ASML

Semiconductors & Semiconductor Equipment industry group

35.06

Max: 110.34
Q3: 66.81
Median: 37.02
ASML: 35.06
Q1: 23.96
Min: 8.12

Applied Materials (AMAT) vs. ASML (ASML): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

Applied Materials (AMAT) at 8.56 is priced about in line with its industry on P/S ratio, while ASML (ASML) at 13.91 sits in the pricier quartile — ASML costs more per dollar of sales.

AMAT

Semiconductors & Semiconductor Equipment industry group

8.56

Max: 21.42
Q3: 12.27
AMAT: 8.56
Median: 5.76
Q1: 2.73
Min: 0.00

ASML

Semiconductors & Semiconductor Equipment industry group

13.91

Max: 21.42
ASML: 13.91
Q3: 12.27
Median: 5.76
Q1: 2.73
Min: 0.00

Applied Materials (AMAT) vs. ASML (ASML): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Applied Materials (AMAT) at 10.30 sits in the upper P/B ratio quartile, and ASML (ASML) at 1,223.36 prices even higher, above its industry range.

AMAT

Semiconductors & Semiconductor Equipment industry group

10.30

Max: 14.06
AMAT: 10.30
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

ASML

Semiconductors & Semiconductor Equipment industry group

1,223.36

ASML: 1,223.36
Max: 14.06
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

Applied Materials (AMAT) vs. ASML (ASML): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Applied Materials (AMAT) and ASML (ASML)
Metric	AMAT	ASML
P/E Ratio (TTM)	28.71	35.06
P/S Ratio (TTM)	8.56	13.91
P/B Ratio (MRQ)	10.30	1,223.36
Free Cash Flow Yield (TTM)	1.16%	1.89%