Asml Holding (ASML) Return on Capital Employed (2009 - 2025)

Asml Holding (ASML) recorded quarterly Return on Capital Employed of 59.95% in Q4 2025, up 66.13% quarter-over-quarter from 36.09% in Q1 2025, and up 2444.0% on a YoY basis from 2.36% in Q4 2024.

Asml Holding (ASML) Return on Capital Employed (2009 - 2025) Analysis & Trends

Asml Holding's Return on Capital Employed history runs 17 years deep, the most recent figure standing at 59.95% for Q4 2025.

  • In Q4 2025, Return on Capital Employed rose 2444.0% year-over-year to 59.95%; the TTM figure through Dec 2025 stood at 59.95% (up 2444.0% YoY), while the FY2025 annual figure was 48.46%, up 1142.0% from the prior year.
  • Return on Capital Employed was 59.95% for Q4 2025 at Asml Holding, up from 36.09% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 59.95% in Q4 2025 to a low of 24.99% in Q2 2021.
  • Historically, Return on Capital Employed has averaged 37.9% across 5 years, with a median of 37.84% in 2022.
  • The sharpest annual moves came in 2024 and 2025: Return on Capital Employed sank 1045 bps in 2024, then soared 2444 bps in 2025.
  • A 5-year view of Return on Capital Employed shows it stood at 41.22% in 2021, then decreased by 2 bps to 40.51% in 2022, then slipped by 1 bps to 40.08% in 2023, then declined by 11 bps to 35.51% in 2024, then soared by 69 bps to 59.95% in 2025.
  • The last three Return on Capital Employed figures came in at 59.95% (Q4 2025), 36.09% (Q1 2025), and 35.51% (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Asml Holding 14,963,355.55 Bn 14,963,340.04 Bn 5.90 Bn 59.95%
2 Lam Research 408.02 Bn 403.27 Bn 2.91 Bn 46.86%
3 Applied Materials 391.00 Bn 384.25 Bn 3.95 Bn 27.69%
4 Kla 277.01 Bn 272.05 Bn 2.09 Bn 41.84%
5 Teradyne 58.18 Bn 57.94 Bn 780.95 Mn 14.85%
6 Qnity Electronics 30.25 Bn 30.41 Bn 618.00 Mn 9.95%
7 Entegris 20.20 Bn 19.76 Bn 380.80 Mn 6.05%
8 Amkor Technology 16.87 Bn 15.05 Bn 239.03 Mn 8.44%
9 Onto Innovation 13.38 Bn 12.72 Bn 146.39 Mn 0.21%
10 Formfactor 9.68 Bn 9.38 Bn 86.79 Mn 6.36%

Historic Data

Download Data
DateValue
Dec 31, 2025 59.95%
Mar 30, 2025 36.09%
Dec 31, 2024 35.51%
Sep 29, 2024 32.05%
Jun 30, 2024 32.74%
Mar 31, 2024 33.87%
Dec 31, 2023 40.08%
Oct 1, 2023 41.17%
Jul 2, 2023 43.19%
Apr 2, 2023 42.98%
Dec 31, 2022 40.51%
Oct 2, 2022 39.02%
Jul 3, 2022 39.35%
Apr 3, 2022 36.67%
Dec 31, 2021 41.22%
Oct 3, 2021 33.69%
Jul 4, 2021 29.13%
Apr 4, 2021 24.99%
Dec 31, 2020 20.13%
Sep 27, 2020 19.18%