Asml Holding (ASML) Operating Margin (2009 - 2025)

Asml Holding (ASML) posted quarterly Operating Margin of 51.98% for Q4 2025, up 1590.0% on a YoY basis from 3.08% in Q4 2024, and up 46.97% on a QoQ basis from 35.37% in Q1 2025.

Asml Holding (ASML) Operating Margin (2009 - 2025) Analysis & Trends

Asml Holding (ASML) has reported Operating Margin for 17 consecutive years, with 51.98% the latest figure, recorded in Q4 2025.

  • Operating Margin for Q4 2025 came in at 51.98%, up 1590.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 39.71% (up 782.0% YoY), and the FY2025 annual result was 34.56%, up 268.0% from the prior year.
  • Operating Margin rose to 51.98% in Q4 2025, from 35.37% in the prior quarter.
  • Across five years, Operating Margin topped out at 51.98% in Q4 2025 and bottomed at 22.2% in Q2 2022.
  • Historically, Operating Margin has averaged 33.68% across 5 years, with a median of 32.91% in 2022.
  • The sharpest annual moves came in 2021 and 2022: Operating Margin surged 1828 bps in 2021, then plunged 1356 bps in 2022.
  • Over 5 years, Operating Margin stood at 40.74% in 2021, then decreased by 19 bps to 33.03% in 2022, then increased by 0 bps to 33.05% in 2023, then grew by 9 bps to 36.08% in 2024, then soared by 44 bps to 51.98% in 2025.
  • According to Business Quant data, Operating Margin over the past three periods registered 51.98%, 35.37%, and 36.08% for Q4 2025, Q1 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Asml Holding 636.08 Bn 620.57 Bn 5.90 Bn 51.98%
2 Applied Materials 406.04 Bn 399.30 Bn 3.95 Bn 31.90%
3 Lam Research 369.24 Bn 364.49 Bn 2.91 Bn 35.04%
4 Kla 240.65 Bn 238.86 Bn 2.09 Bn 41.21%
5 Teradyne 58.07 Bn 57.82 Bn 780.95 Mn 36.88%
6 Qnity Electronics 27.70 Bn 26.85 Bn 618.00 Mn 26.69%
7 Entegris 18.25 Bn 17.80 Bn 380.80 Mn 17.44%
8 Onto Innovation 12.83 Bn 12.17 Bn 146.39 Mn 11.48%
9 Amkor Technology 12.41 Bn 9.90 Bn 318.59 Mn 10.53%
10 Formfactor 8.32 Bn 8.14 Bn 86.79 Mn 7.36%

Historic Data

Download Data
DateValue
Dec 31, 2025 51.98%
Mar 30, 2025 35.37%
Dec 31, 2024 36.08%
Sep 29, 2024 32.69%
Jun 30, 2024 29.39%
Mar 31, 2024 26.30%
Dec 31, 2023 33.05%
Oct 1, 2023 32.70%
Jul 2, 2023 32.79%
Apr 2, 2023 32.69%
Dec 31, 2022 33.03%
Oct 2, 2022 33.55%
Jul 3, 2022 30.45%
Apr 3, 2022 22.20%
Dec 31, 2021 40.74%
Oct 3, 2021 36.62%
Jul 4, 2021 30.82%
Apr 4, 2021 35.76%
Dec 31, 2020 35.35%
Sep 27, 2020 30.72%