ASML Holding (ASMF) Ratios
ASML Holding Ratios
DE:ASMF's free cash flow for Q3 2026 was $11.38B. For the 2026 fiscal year, DE:ASMF's free cash flow was decreased by $-413.30M and operating cash flow was $11.80B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.26 | 1.53 | 1.50 | 1.28 | 1.48 |
| Quick Ratio | 0.79 | 0.95 | 0.91 | 0.86 | 1.03 |
| Cash Ratio | 0.53 | 0.64 | 0.43 | 0.40 | 0.39 |
| Solvency Ratio | 0.34 | 0.28 | 0.32 | 0.23 | 0.32 |
| Operating Cash Flow Ratio | 0.52 | 0.58 | 0.33 | 0.46 | 0.92 |
| Short-Term Operating Cash Flow Coverage | 7.53 | 10.81 | 113.83 | 10.53 | 20.39 |
| Net Current Asset Value | $ -338.30M | $ 624.59M | $ -2.12B | $ -4.39B | $ -1.91B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.09 | 0.10 | 0.12 | 0.12 | 0.16 |
| Debt-to-Equity Ratio | 0.22 | 0.27 | 0.36 | 0.51 | 0.47 |
| Debt-to-Capital Ratio | 0.18 | 0.21 | 0.27 | 0.34 | 0.32 |
| Long-Term Debt-to-Capital Ratio | 0.12 | 0.17 | 0.26 | 0.29 | 0.29 |
| Financial Leverage Ratio | 2.58 | 2.63 | 2.97 | 4.12 | 2.98 |
| Debt Service Coverage Ratio | 6.19 | 6.81 | 43.48 | 7.24 | 10.16 |
| Interest Coverage Ratio | 0.00 | 56.20 | 60.51 | 109.48 | 118.59 |
| Debt to Market Cap | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 |
| Interest Debt Per Share | 11.30 | 13.10 | 12.77 | 11.27 | 11.75 |
| Net Debt to EBITDA | -0.69 | -0.76 | -0.22 | -0.39 | -0.01 |
| Profitability Margins | |||||
| Gross Profit Margin | 52.83% | 51.28% | 51.29% | 50.54% | 52.71% |
| EBIT Margin | 34.92% | 32.57% | 33.51% | 30.78% | 36.32% |
| EBITDA Margin | 38.06% | 35.82% | 36.20% | 33.54% | 38.85% |
| Operating Profit Margin | 34.60% | 31.92% | 32.81% | 30.70% | 36.27% |
| Pretax Profit Margin | 35.58% | 32.74% | 33.65% | 31.14% | 37.10% |
| Net Profit Margin | 29.42% | 26.79% | 28.44% | 26.56% | 31.61% |
| Continuous Operations Profit Margin | 29.42% | 26.79% | 28.44% | 26.56% | 31.61% |
| Net Income Per EBT | 82.68% | 81.84% | 84.52% | 85.29% | 85.21% |
| EBT Per EBIT | 102.84% | 102.54% | 102.57% | 101.44% | 102.29% |
| Return on Assets (ROA) | 19.00% | 15.58% | 19.54% | 15.62% | 19.40% |
| Return on Equity (ROE) | 49.00% | 40.98% | 58.05% | 64.36% | 57.84% |
| Return on Capital Employed (ROCE) | 42.97% | 31.62% | 38.04% | 35.79% | 37.53% |
| Return on Invested Capital (ROIC) | 33.39% | 24.93% | 32.08% | 29.25% | 31.02% |
| Return on Tangible Assets | 21.15% | 17.45% | 22.55% | 18.35% | 23.73% |
| Earnings Yield | 2.72% | 2.88% | 2.91% | 2.77% | 2.05% |
| Efficiency Ratios | |||||
| Receivables Turnover | 7.07 | 5.19 | 3.78 | 3.03 | 4.07 |
| Payables Turnover | 4.38 | 3.93 | 5.70 | 4.12 | 4.15 |
| Inventory Turnover | 1.35 | 1.18 | 1.40 | 1.38 | 1.61 |
| Fixed Asset Turnover | 3.97 | 3.91 | 4.73 | 5.16 | 5.90 |
| Asset Turnover | 0.65 | 0.58 | 0.69 | 0.59 | 0.61 |
| Working Capital Turnover Ratio | 3.83 | 3.00 | 4.18 | 3.87 | 2.44 |
| Cash Conversion Cycle | 238.92 | 287.82 | 292.88 | 297.25 | 229.02 |
| Days of Sales Outstanding | 51.61 | 70.30 | 96.48 | 120.48 | 89.64 |
| Days of Inventory Outstanding | 270.73 | 310.30 | 260.48 | 265.43 | 227.41 |
| Days of Payables Outstanding | 83.42 | 92.78 | 64.07 | 88.66 | 88.02 |
| Operating Cycle | 322.34 | 380.60 | 356.96 | 385.91 | 317.04 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 32.58 | 29.66 | 13.58 | 20.84 | 27.59 |
| Free Cash Flow Per Share | 28.53 | 24.17 | 8.20 | 17.69 | 25.30 |
| Dividend Paid and CapEx Coverage Ratio | 3.07 | 2.47 | 1.21 | 2.21 | 4.78 |
| Capital Expenditure Coverage Ratio | 8.04 | 5.40 | 2.53 | 6.62 | 12.04 |
| Operating Cash Flow Coverage Ratio | 2.88 | 2.34 | 1.10 | 1.87 | 2.38 |
| Operating Cash Flow to Sales Ratio | 0.39 | 0.41 | 0.19 | 0.39 | 0.61 |
| Free Cash Flow Yield | 3.13% | 3.61% | 1.20% | 3.47% | 3.61% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 36.82 | 34.77 | 34.40 | 36.08 | 48.77 |
| Price-to-Sales (P/S) Ratio | 10.83 | 9.31 | 9.79 | 9.58 | 15.42 |
| Price-to-Book (P/B) Ratio | 18.04 | 14.25 | 19.97 | 23.22 | 28.21 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 31.91 | 27.70 | 83.49 | 28.84 | 27.67 |
| Price-to-Operating Cash Flow Ratio | 27.95 | 22.57 | 50.43 | 24.48 | 25.38 |
| Price-to-Earnings Growth (PEG) Ratio | 1.29 | -21.94 | 0.83 | -4.66 | 0.55 |
| Enterprise Value Multiple | 27.77 | 25.24 | 26.82 | 28.19 | 39.67 |
| Enterprise Value | 345.23B | 255.50B | 267.52B | 200.15B | 286.84B |
| EV to EBITDA | 27.77 | 25.24 | 26.82 | 28.19 | 39.67 |
| EV to Sales | 10.57 | 9.04 | 9.71 | 9.45 | 15.41 |
| EV to Free Cash Flow | 31.14 | 26.88 | 82.82 | 28.44 | 27.67 |
| EV to Operating Cash Flow | 27.27 | 21.90 | 50.02 | 24.15 | 25.37 |
| Tangible Book Value Per Share | 37.28 | 33.73 | 20.70 | 8.51 | 11.34 |
| Shareholders’ Equity Per Share | 50.48 | 46.98 | 34.29 | 21.97 | 24.82 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.17 | 0.18 | 0.15 | 0.15 | 0.15 |
| Revenue Per Share | 84.09 | 71.86 | 69.98 | 53.24 | 45.41 |
| Net Income Per Share | 24.73 | 19.25 | 19.91 | 14.14 | 14.36 |
| Tax Burden | 0.83 | 0.82 | 0.85 | 0.85 | 0.85 |
| Interest Burden | 1.02 | 1.01 | 1.00 | 1.01 | 1.02 |
| Research & Development to Revenue | 0.14 | 0.15 | 0.14 | 0.15 | 0.14 |
| SG&A to Revenue | 0.04 | 0.04 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.32 | 1.47 | 0.69 | 1.51 | 1.84 |
Currency in EUR
