Applied Materials vs Asml Holding NV
Asml Holding NV is the larger business, with $36.93bn of revenue in fiscal 2025 against $28.37bn for Applied Materials (1.3 times as much). Asml Holding NV grew faster (20.8% against 4.4%). Asml Holding NV kept more of each dollar of sales as profit: a net margin of 29.4% against 24.7%. Asml Holding NV carries less debt relative to equity (22.4% against 32.1%).
| Latest fiscal year | Applied MaterialsAMAT, 2025 | Asml Holding NVASML, 2025 |
|---|---|---|
| Revenue | $28.37bn | $36.93bn |
| Revenue growth | 4.4% | 20.8% |
| Net income | $7.00bn | $10.86bn |
| Operating margin | 29.2% | 34.6% |
| Net margin | 24.7% | 29.4% |
| Return on equity | 35.5% | 51.6% |
| Free cash flow | $5.70bn | $12.53bn |
| Cash | $7.24bn | $15.16bn |
| Total debt | $6.55bn | $5.15bn |
| Debt to equity | 32.1% | 22.4% |
| Dividend per share | $1.78 | — |
| Dividend yield | 0.5% | 0.5% |
| Share buybacks | $4.89bn | $6.73bn |
| Employees | 36,500 | — |
| Market value | $304.55bn | $598.25bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 96 (Strong) | 60 (Moderate) |
| Insider trades, 12 months | 0 buys, 45 sales | 0 buys, 0 sales |