Comparative EBITDA Analysis: ASML Holding N.V. vs STMicroelectronics N.V.

A Decade of Growth: ASML Holding N.V. vs STMicroelectronics N.V.

In the ever-evolving semiconductor industry, two giants, ASML Holding N.V. and STMicroelectronics N.V., have showcased remarkable growth over the past decade. From 2014 to 2023, ASML's EBITDA surged by approximately 585%, reflecting its dominant position in the lithography market. Meanwhile, STMicroelectronics, a leader in integrated device manufacturing, saw its EBITDA grow by nearly 497% during the same period.

Key Insights

• 2014-2017: Both companies experienced steady growth, with ASML's EBITDA increasing by 93% and STMicroelectronics by 55%.
• 2018-2020: ASML's EBITDA growth accelerated, outpacing STMicroelectronics, as it capitalized on the demand for advanced semiconductor equipment.
• 2021-2023: The post-pandemic era saw a significant leap, with ASML achieving a 43% increase in EBITDA, while STMicroelectronics grew by 77%, driven by the global chip shortage.

This comparative analysis highlights the strategic maneuvers and market dynamics that have shaped these industry leaders.