Asml Holding NV vs KLA
Asml Holding NV is the larger business, with $36.93bn of revenue in fiscal 2025 against $13.58bn for KLA (2.7 times as much). Asml Holding NV grew faster (20.8% against 11.7%). KLA kept more of each dollar of sales as profit: a net margin of 35.6% against 29.4%. Asml Holding NV carries less debt relative to equity (22.4% against 93.7%).
| Latest fiscal year | Asml Holding NVASML, 2025 | KLAKLAC, 2026 |
|---|---|---|
| Revenue | $36.93bn | $13.58bn |
| Revenue growth | 20.8% | 11.7% |
| Net income | $10.86bn | $4.83bn |
| Operating margin | 34.6% | — |
| Net margin | 29.4% | 35.6% |
| Return on equity | 51.6% | 87.5% |
| Free cash flow | $12.53bn | $3.77bn |
| Cash | $15.16bn | $1.65bn |
| Total debt | $5.15bn | $5.95bn |
| Debt to equity | 22.4% | 93.7% |
| Dividend per share | — | $0.80 |
| Dividend yield | 0.5% | 0.6% |
| Share buybacks | $6.73bn | $2.29bn |
| Employees | — | 17,000 |
| Market value | $598.25bn | $203.15bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 60 (Moderate) | 99 (Strong) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 22 sales |