ASML Holding NV (XTER:ASME) EBIT: €12,331 Mil (TTM As of Mar. 2026)


XTER:ASME ASML Holding NV XTER:ASME
91 GF Score
Price €1,565.20
GF Value €966.93
Valuation Significantly Overvalued
! 4 Warning Signs
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What is ASML Holding NV EBIT?

ASML Holding NV XTER:ASME -6.01% 91 EBIT is €12,331 Mil as of Mar. 2026. GuruFocus rates XTER:ASME with a GF Score™ of 91/100 and a GF Value™ of €966.93 (Significantly Overvalued). The stock has 4 warning signs investors should review.

ASML Holding NV's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €3,158 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €12,331 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ASML Holding NV's annualized ROC % for the quarter that ended in Mar. 2026 was 26.71%. ASML Holding NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 154.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ASML Holding NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.07%.

ASML Holding NV  (XTER:ASME) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

ASML Holding NV's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=12631.2 * ( 1 - 17.09% )/( (37638.7 + 40764.7)/ 2 )
=10472.52792/39201.7
=26.71 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=50566.6 - 6575.7 - ( 13321.9 - max(0, 24263.9 - 30616.1+13321.9))
=37638.7

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=48060.5 - 0 - ( 8376.3 - max(0, 20288 - 27583.8+8376.3))
=40764.7

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

ASML Holding NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=12631.2/( ( (8234.8 + max(-6884.1, 0)) + (8090.7 + max(-2587.6, 0)) )/ 2 )
=12631.2/( ( 8234.8 + 8090.7 )/ 2 )
=12631.2/8162.75
=154.74 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3023 + 11429.3 + 1245.6) - (6575.7 + 16006.3 + 0)
=-6884.1

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4402.9 + 11711.2 + 1586.3) - (0 + 0 + 20288)
=-2587.6

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

ASML Holding NV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=12331.4/595889.192
=2.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ASML Holding NV EBIT Related Terms

ASML Holding NV EBIT Historical Data

* Premium members only.

The historical data trend for ASML Holding NV's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ASML Holding NV EBIT Chart

ASML Holding NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,760.10 6,516.90 9,236.20 9,205.00 11,524.40

ASML Holding NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,737.90 3,274.10 2,468.40 3,431.10 3,157.80

XTER:ASME vs LRCX, AMAT, KLAC: EBIT Comparison

For the Semiconductor Equipment & Materials subindustry, ASML Holding NV's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ASML Holding NV EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, ASML Holding NV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where ASML Holding NV's EV-to-EBIT falls into.


XTER:ASME
91GF Score
ASML Holding NV XTER:ASME
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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ASML Holding NV EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €12,331 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €12,331 Mil mean?
ASML Holding NV (XTER:ASME) has a EBIT of €12,331 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ASML Holding NV.
Is ASML Holding NV's EBIT too high?
ASML Holding NV's current EBIT is €12,331 Mil. Overall, ASML Holding NV has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASML Holding NV's EBIT compare to LRCX and AMAT?
ASML Holding NV's EBIT of €12,331 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Semiconductors company?
A good EBIT depends on the Semiconductors industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ASML Holding NV. ASML Holding NV's current EBIT is €12,331 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASML Holding NV stock overvalued right now?
Based on GuruFocus' analysis, ASML Holding NV (XTER:ASME) is currently considered Significantly Overvalued. The stock's GF Value™ is €966.93, compared to a current price of €1,565.20 — trading 61.9% above its estimated fair value. The current EBIT is €12,331 Mil. ASML Holding NV's overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For ASML Holding NV (XTER:ASME), the current EBIT is €12,331 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ASML Holding NV (XTER:ASME) Overvalued in 2026?

Based on GuruFocus' analysis, ASML Holding NV stock appears to be overvalued. The current stock price of €1,565.20 is trading 61.9% above its estimated GF Value™ of €966.93. GuruFocus considers ASML Holding NV to be Significantly Overvalued.

Key valuation signals for XTER:ASME:

  • EBIT: €12,331 Mil
  • GF Value™: €966.93 vs. price of €1,565.20 (61.9% above fair value)
  • GF Score™: 91/100 with 4 warning signs

No single metric tells the full story. See the XTER:ASME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ASML Holding NV Business Description

Address De Run 6501, Veldhoven, NB, NLD, 5504 DR
ASML is the leader in lithography systems for manufacturing semiconductors with 90% market share. Lithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. Lithography allows chipmakers to increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML outsources the manufacturing of most of its parts, acting like an assembler. ASML's largest clients are TSMC, Samsung, Intel, SK Hynix, and Micron.
91GF Score

Get the complete analysis for XTER:ASME

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1,565.20
Price
€966.93
GF Value