Filing Flows › ASML Holding NV (ASML) › FY2024
ASML Holding NV (ASML) FY2024 earnings results (fiscal 2024)
20-F filed Mar 5, 2025
ASML Holding NV (ASML) reported revenue of $28.3B for the fiscal 2024 (FY2024), +3% from a year earlier. Operating margin was 31.9%, net earnings $7.6B (26.8% of revenue).
ASML Holding NV, FY2024: revenue $28.3B (+3% year over year), operating margin 31.9%, net earnings $7.6B, operating cash flow $11.2B. The chart follows the revenue to costs, profit and cash.
| FY2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $28.3B | — | +3% |
| Gross profit | $14.5B | — | +3% |
| Operating profit | $9.0B | — | -0.2% |
| Net earnings | $7.6B | — | -3% |
| Operating cash flow | $11.2B | — | +105% |
| Free cash flow | $9.1B | — | +177% |
What changed
Revenue was €28.3B in FY2024, up 3% year over year.
Gross margin was 51.3%, unchanged from FY2023. Operating profit was €9.0B, a 31.9% margin (down 0.9 points year over year). Operating profit fell €0.02B even though revenue rose €0.70B versus FY2023, so costs grew faster than sales. Operating expenses grew 7% against revenue growth of 3%. Net earnings were €7.6B, down 3% year over year. The effective tax rate was 18.2%.
Operating cash flow was €11.2B (up 105% year over year), 147% of net earnings. Non-cash charges added back €0.92B of depreciation and amortization and €0.17B of share-based compensation. Working capital and other items added €2.5B. Capital expenditures of €2.1B left free cash flow of €9.1B.
Questions
What was ASML Holding NV's revenue in the fiscal 2024?
ASML Holding NV (ASML) reported revenue of $28.3B for the fiscal 2024 (FY2024), +3% from a year earlier.
Was ASML Holding NV profitable in the fiscal 2024?
Operating profit was $9.0B (31.9% of revenue) and net earnings $7.6B.
Source: ASML Holding NV 20-F on SEC EDGAR.