ASML vs. GOOG

Last updated Apr 4, 2026

Compare and contrast key facts about ASML Holding N.V. (ASML) and Alphabet Inc (GOOG).

Performance

ASML vs. GOOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ASML Holding N.V. (ASML) and Alphabet Inc (GOOG). The values are adjusted to include any dividend payments, if applicable.

ASML vs. GOOG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ASML ASML Holding N.V.	23.29%	56.51%	-7.70%	39.91%	-30.49%	64.13%	66.06%	93.56%	-9.80%	56.23%
GOOG Alphabet Inc	-6.10%	65.42%	35.62%	58.83%	-38.67%	65.17%	31.03%	29.10%	-1.03%	35.58%

Fundamentals

Market Cap ASML : $512.27B GOOG : $3.60T
EPS ASML : $23.77 GOOG : $10.83
PE Ratio ASML : 55.41 GOOG : 27.20
PEG Ratio ASML : 3.98 GOOG : 1.34
PS Ratio ASML : 16.30 GOOG : 8.92
PB Ratio ASML : 26.13 GOOG : 8.67
Total Revenue (TTM) ASML : $31.38B GOOG : $402.84B
Gross Profit (TTM) ASML : $16.58B GOOG : $240.30B
EBITDA (TTM) ASML : $11.94B GOOG : $171.18B

Returns By Period

In the year-to-date period, ASML achieves a 23.29% return, which is significantly higher than GOOG's -6.10% return. Over the past 10 years, ASML has outperformed GOOG with an annualized return of 30.54%, while GOOG has yielded a comparatively lower 23.06% annualized return.

ASML

• 1D: -3.13%
• 1M: -5.87%
• YTD: 23.29%
• 6M: 28.01%
• 1Y: 113.73%
• 3Y*: 26.32%
• 5Y*: 16.83%
• 10Y*: 30.54%

GOOG

• 1D: -0.15%
• 1M: -2.89%
• YTD: -6.10%
• 6M: 19.64%
• 1Y: 93.59%
• 3Y*: 41.44%
• 5Y*: 22.67%
• 10Y*: 23.06%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ASML vs. GOOG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ASML

ASML Risk / Return Rank: 92
ASML Sharpe Ratio Rank: 93
ASML Sortino Ratio Rank: 90
ASML Omega Ratio Rank: 88
ASML Calmar Ratio Rank: 94
ASML Martin Ratio Rank: 94

GOOG

GOOG Risk / Return Rank: 94
GOOG Sharpe Ratio Rank: 95
GOOG Sortino Ratio Rank: 96
GOOG Omega Ratio Rank: 93
GOOG Calmar Ratio Rank: 89
GOOG Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ASML vs. GOOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ASML Holding N.V. (ASML) and Alphabet Inc (GOOG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ASML	GOOG	Difference
Sharpe ratio Return per unit of total volatility	2.37	2.87	-0.49
Sortino ratio Return per unit of downside risk	2.97	3.82	-0.85
Omega ratio Gain probability vs. loss probability	1.38	1.47	-0.10
Calmar ratio Return relative to maximum drawdown	5.58	4.14	+1.44
Martin ratio Return relative to average drawdown	15.42	15.67	-0.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ASML vs. GOOG - Sharpe Ratio Comparison

The current ASML Sharpe Ratio is 2.37, which is comparable to the GOOG Sharpe Ratio of 2.87. The chart below compares the historical Sharpe Ratios of ASML and GOOG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ASML	GOOG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	2.87	-0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.74	-0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.80	0.80	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.76	-0.23

Correlation

The correlation between ASML and GOOG is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ASML vs. GOOG - Dividend Comparison

ASML's dividend yield for the trailing twelve months is around 0.71%, more than GOOG's 0.29% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASML ASML Holding N.V.	0.71%	0.97%	0.97%	0.86%	1.27%	0.50%	0.50%	1.40%	0.94%	0.64%	0.92%	0.73%
GOOG Alphabet Inc	0.29%	0.26%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

ASML vs. GOOG - Drawdown Comparison

The maximum ASML drawdown since its inception was -90.00%, which is greater than GOOG's maximum drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for ASML and GOOG.

Drawdown Indicators

	ASML	GOOG	Difference
Max Drawdown Largest peak-to-trough decline	-90.00%	-44.60%	-45.40%
Max Drawdown (1Y) Largest decline over 1 year	-17.85%	-20.75%	+2.90%
Max Drawdown (5Y) Largest decline over 5 years	-56.84%	-44.60%	-12.24%
Max Drawdown (10Y) Largest decline over 10 years	-56.84%	-44.60%	-12.24%
Current Drawdown Current decline from peak	-13.71%	-14.56%	+0.85%
Average Drawdown Average peak-to-trough decline	-28.28%	-8.97%	-19.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.46%	5.49%	+0.97%

Volatility

ASML vs. GOOG - Volatility Comparison

ASML Holding N.V. (ASML) has a higher volatility of 14.57% compared to Alphabet Inc (GOOG) at 9.18%. This indicates that ASML's price experiences larger fluctuations and is considered to be riskier than GOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ASML	GOOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.57%	9.18%	+5.39%
Volatility (6M) Calculated over the trailing 6-month period	29.47%	19.47%	+10.00%
Volatility (1Y) Calculated over the trailing 1-year period	41.98%	30.16%	+11.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.55%	30.69%	+10.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.07%	28.73%	+9.34%

Financials

ASML vs. GOOG - Profitability Comparison

The chart below illustrates the profitability comparison between ASML Holding N.V. and Alphabet Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ASML - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, ASML Holding N.V. reported a gross profit of 4.47B and revenue of 8.43B. Therefore, the gross margin over that period was 53.1%.

GOOG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Alphabet Inc reported a gross profit of 68.06B and revenue of 113.83B. Therefore, the gross margin over that period was 59.8%.

ASML - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, ASML Holding N.V. reported an operating income of 2.51B and revenue of 8.43B, resulting in an operating margin of 29.8%.

GOOG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Alphabet Inc reported an operating income of 35.93B and revenue of 113.83B, resulting in an operating margin of 31.6%.

ASML - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, ASML Holding N.V. reported a net income of 2.07B and revenue of 8.43B, resulting in a net margin of 24.6%.

GOOG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Alphabet Inc reported a net income of 34.46B and revenue of 113.83B, resulting in a net margin of 30.3%.