ASML Holding N.V. (ASML): net debt to ebitda, 10 filed years
Net debt/EBITDA at ASML Holding N.V. was -0.69x in FY2025, the newest filed year. Across the 10 computed years from FY2016 it ranged from -0.81x (FY2024) to 0.31x (FY2017), with a median of -0.24x.
Tonight's figure on the company page: -0.69x, recomputed 2026-10-15. The table is each filed year on its own terms, with the formula below; the current figure may use trailing twelve months or, where the explainer says so, a different denominator.
Year by year
| Fiscal year | Net debt/EBITDA | Read from |
|---|---|---|
| FY2016 | 0.20x | 20-F, filed 2017-02-08 |
| FY2017 | 0.31x | 20-F, filed 2018-02-07 |
| FY2018 | 0.01x | 20-F, filed 2019-02-06 |
| FY2019 | -0.06x | 20-F, filed 2020-02-12 |
| FY2020 | -0.26x | 20-F, filed 2021-02-10 |
| FY2021 | -0.30x | 20-F, filed 2022-02-09 |
| FY2022 | -0.40x | 20-F, filed 2023-02-15 |
| FY2023 | -0.22x | 20-F, filed 2024-02-14 |
| FY2024 | -0.81x | 20-F, filed 2025-03-05 |
| FY2025 | -0.69x | 20-F, filed 2026-02-25 |
How each year is computed
(Total debt - cash) / EBITDA
Each year is a ratio of lines in that year's filed annual report, with the nightly recompute's own rules for what counts as a filed line. Nothing is estimated, smoothed or filled in: a year that cannot be computed says why.
Read further
A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.