ASML HOLDING NV vs LAM RESEARCH CORPORATION, two Industrial Machinery stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.
ASML and Lam Research are the two pillars of semiconductor equipment, and on profitability they are near-twins. Both keep net margins near 29 to 31%; Lam earns the higher return on equity, 63% to ASML's 49. The market prices them almost identically, near 71 and 73 times earnings. ASML supplies the lithography step that prints leading-edge chips, Lam the etch and deposition systems, both levered to the same capital-spending cycle.
Comparison updated 2026-06-15.
| Metric | ASML | LRCX |
|---|---|---|
| Price | $1797.32 | $350.21 |
| Market cap | $699.0B | $440.3B |
| Sector | Industrial Machinery | Industrial Machinery |
| Stage | Mature | Mature |
| P/E | 66.9 | 66.2 |
| P/B | 32.79 | 41.60 |
| P/S | 19.69 | 20.31 |
| EV/EBITDA | 51.5 | 58.4 |
| Revenue growth | +15.5% | +26.8% |
| Gross margin | 52.8% | 49.8% |
| Operating margin | 34.6% | 35.0% |
| Net margin | 29.4% | 30.9% |
| Return on equity | 49.0% | 63.4% |
| Return on assets | 19.0% | 32.3% |
| Return on invested capital | 37.2% | 47.1% |
| FCF yield | 1.7% | 1.4% |
| Dividend yield | 0.4% | 0.3% |
| Debt / equity | 0.22 | 0.35 |
| Current ratio | 1.26 | 2.54 |
| Altman Z (solvency) | 8.02 | 10.00 |
| Piotroski F (quality) | 8 / 9 | 6 / 9 |
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.