Cash flow ASML Holding N.V.

Equities

ASML

NL0010273215

Semiconductor Equipment & Testing

Market Closed - Euronext Amsterdam Other stock markets 16:35:51 10/09/2024 BST			5-day change	1st Jan Change
672.50 ^EUR	-0.59%		-14.09%	-1.35%

06:49am	Dutch Government Says ASML Needs License to Service Chipmaking Equipment Sold to Chinese Customers	MT
09-10	ASML needs licence to service some equipment in China, Dutch government says	RE

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Published financial data: ASML HOLDING N.V.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	11.82B	13.98B	18.61B	21.17B	27.56B
Total Revenues	11.82B	13.98B	18.61B	21.17B	27.56B
Cost of Goods Sold, Total	6.54B	7.18B	8.8B	10.47B	13.42B
Gross Profit	5.28B	6.8B	9.81B	10.7B	14.14B
Selling General & Admin Expenses, Total	520M	540M	726M	946M	1.11B
R&D Expenses	1.97B	2.2B	2.55B	3.25B	3.98B
Other Operating Expenses	-	-	-	-	-
Other Operating Expenses, Total	2.49B	2.74B	3.27B	4.2B	5.09B
Operating Income	2.79B	4.06B	6.54B	6.5B	9.04B
Interest Expense, Total	-36.6M	-43.3M	-54.6M	-60.8M	-153M
Interest And Investment Income	11.6M	8.4M	10M	16.2M	194M
Net Interest Expenses	-25M	-34.9M	-44.6M	-44.6M	41.2M
Income (Loss) On Equity Invest.	18.2M	88.6M	199M	138M	191M
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	2.78B	4.11B	6.69B	6.59B	9.27B
Merger & Related Restructuring Charges	-	-5.4M	-	-	-
Gain (Loss) On Sale Of Assets	-	-	214M	-	-
EBT, Incl. Unusual Items	2.78B	4.11B	6.9B	6.59B	9.27B
Income Tax Expense	192M	552M	1.02B	970M	1.44B
Earnings From Continuing Operations	2.59B	3.55B	5.88B	5.62B	7.84B
Net Income to Company	2.59B	3.55B	5.88B	5.62B	7.84B
Net Income - (IS)	2.59B	3.55B	5.88B	5.62B	7.84B
Net Income to Common Incl Extra Items	2.59B	3.55B	5.88B	5.62B	7.84B
Net Income to Common Excl. Extra Items	2.59B	3.55B	5.88B	5.62B	7.84B
Per Share Items
Net EPS - Basic	6.16	8.5	14.36	14.14	19.91
Basic EPS - Continuing Operations	6.16	8.5	14.36	14.14	19.91
Basic Weighted Average Shares Outstanding	421M	418M	410M	398M	394M
Net EPS - Diluted	6.15	8.48	14.34	14.13	19.89
Diluted EPS - Continuing Operations	6.15	8.48	14.34	14.13	19.89
Diluted Weighted Average Shares Outstanding	422M	419M	410M	398M	394M
Normalized Basic EPS	4.13	6.14	10.2	10.36	14.72
Normalized Diluted EPS	4.13	6.13	10.19	10.36	14.71
Dividend Per Share	2.4	2.75	5.5	5.8	6.1
Payout Ratio	51.14	30.01	23.26	45.51	29.96
American Depositary Receipts Ratio (ADR)	0.02	0.02	0.02	0.02	0.02
Supplemental Items
EBITDA	3.16B	4.45B	6.91B	7B	9.7B
EBITA	2.82B	4.1B	6.59B	6.55B	9.09B
EBIT	2.79B	4.06B	6.54B	6.5B	9.04B
EBITDAR	-	-	-	-	9.75B
Total Revenues (As Reported)	11.82B	13.98B	18.61B	21.17B	27.56B
Effective Tax Rate - (Ratio)	6.89	13.43	14.79	14.71	15.48
Current Domestic Taxes	306M	408M	865M	818M	1.21B
Current Foreign Taxes	118M	375M	524M	678M	441M
Total Current Taxes	424M	783M	1.39B	1.5B	1.65B
Deferred Domestic Taxes	-74.8M	-1.4M	28.6M	44.4M	58.4M
Deferred Foreign Taxes	-157M	-230M	-396M	-571M	-276M
Total Deferred Taxes	-232M	-232M	-367M	-527M	-217M
Normalized Net Income	1.74B	2.57B	4.18B	4.12B	5.8B
Interest Capitalized	-	-	-	-	-
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	2.04B	2.27B	2.62B	3.32B	4.04B
Net Rental Expense, Total	-	-	-	-	53M
Imputed Operating Lease Interest Expense	-	-	-	-	13.39M
Imputed Operating Lease Depreciation	-	-	-	-	39.61M
Stock-Based Comp., Other (Total)	74.6M	53.9M	118M	68.9M	135M
Total Stock-Based Compensation	74.6M	53.9M	118M	68.9M	135M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	3.53B	6.05B	6.95B	7.27B	7B
Short Term Investments	1.19B	1.3B	638M	108M	5.4M
Trading Asset Securities, Total	31.3M	36.6M	36.6M	1.7M	-
Total Cash And Short Term Investments	4.75B	7.39B	7.63B	7.38B	7.01B
Accounts Receivable, Total	2.58B	3.14B	4.38B	6.81B	5.95B
Other Receivables	179M	193M	179M	235M	1.3B
Notes Receivable	-	-	-	-	-
Total Receivables	2.76B	3.33B	4.56B	7.05B	7.26B
Inventory	3.81B	4.57B	5.18B	7.2B	8.85B
Prepaid Expenses	213M	279M	374M	679M	472M
Other Current Assets, Total	598M	361M	453M	762M	804M
Total Current Assets	12.13B	15.93B	18.19B	23.06B	24.39B
Gross Property Plant And Equipment	4.63B	5.37B	5.78B	7.18B	9.39B
Accumulated Depreciation	-2.31B	-2.55B	-2.63B	-3.05B	-3.59B
Net Property Plant And Equipment	2.32B	2.82B	3.15B	4.14B	5.8B
Long-term Investments	936M	944M	940M	924M	931M
Goodwill	4.54B	4.63B	4.56B	4.56B	4.59B
Other Intangibles, Total	1.1B	1.05B	952M	842M	742M
Accounts Receivable Long-Term	421M	400M	383M	-	60.6M
Loans Receivable Long-Term	-	-	124M	364M	929M
Deferred Tax Assets Long-Term	445M	672M	1.1B	1.67B	1.87B
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	727M	828M	840M	740M	640M
Total Assets	22.63B	27.27B	30.23B	36.3B	39.96B
Liabilities
Accounts Payable, Total	1.06B	1.38B	2.12B	2.57B	2.35B
Accrued Expenses, Total	980M	1.08B	1.39B	1.75B	2.04B
Current Portion of Long-Term Debt	-	10.7M	506M	794M	67.5M
Current Portion of Leases	55.6M	51.2M	46.6M	47.6M	46.7M
Current Income Taxes Payable	65.6M	110M	302M	315M	309M
Unearned Revenue Current, Total	2.53B	3.95B	7.94B	12.48B	11.44B
Other Current Liabilities	3.9M	20M	2.8M	34.4M	26.6M
Total Current Liabilities	4.69B	6.6B	12.3B	17.98B	16.27B
Long-Term Debt	3.1B	4.65B	4.07B	3.69B	4.69B
Long-Term Leases	163M	138M	120M	149M	180M
Unearned Revenue Non Current	1.76B	1.64B	3.23B	5.27B	4.83B
Deferred Tax Liability Non Current	7.3M	37.9M	34.7M	51.5M	123M
Other Non Current Liabilities	314M	328M	339M	342M	408M
Total Liabilities	10.04B	13.4B	20.09B	27.49B	26.51B
Common Stock, Total	38.2M	37.6M	36.5M	36.3M	36M
Additional Paid In Capital	3.77B	3.78B	3.88B	3.94B	4B
Retained Earnings	9.52B	10.73B	8.32B	9.05B	12.38B
Treasury Stock	-1.02B	-863M	-2.42B	-4.64B	-3.31B
Comprehensive Income and Other	278M	179M	334M	428M	345M
Total Common Equity	12.59B	13.87B	10.14B	8.81B	13.45B
Total Equity	12.59B	13.87B	10.14B	8.81B	13.45B
Total Liabilities And Equity	22.63B	27.27B	30.23B	36.3B	39.96B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	420M	417M	403M	395M	393M
ECS Total Common Shares Outstanding	420M	417M	403M	395M	393M
Book Value / Share	29.99	33.29	25.19	22.33	34.19
Tangible Book Value	6.95B	8.19B	4.63B	3.41B	8.12B
Tangible Book Value Per Share	16.55	19.66	11.51	8.65	20.64
Total Debt	3.32B	4.85B	4.75B	4.68B	4.99B
Net Debt	-1.43B	-2.53B	-2.88B	-2.69B	-2.02B
Debt Equivalent of Unfunded Proj. Benefit Obligation	56.6M	83.1M	82.4M	70.5M	94.7M
Debt Equivalent Oper. Leases	-	-	-	-	424M
Equity Method Investments, Total	833M	821M	892M	924M	920M
Account Code - Inventory Valuation	5	5	5	5	-
Inventories - Raw Materials, Total	2.03B	2.07B	2.67B	3.2B	4.06B
Inventories - Work In Process, Total	1.51B	1.8B	1.75B	2.16B	3.39B
Inventories - Finished Goods, Total	771M	1.16B	1.18B	2.3B	2.1B
Land - (BS)	106M	102M	138M	179M	-
Buildings, Total	1.64B	1.8B	2.67B	3.14B	4.32B
Machinery, Total	1.87B	2.13B	2.44B	3.27B	4.28B
Full Time Employees	23.22K	26.61K	29.86K	36.11K	40.31K
Accumulated Allowance for Doubtful Accounts (Supple)	5.1M	2.8M	4.5M	4.1M	-
Order Backlog	-	-	-	-	39B

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	2.59B	3.55B	5.88B	5.62B	7.84B
Depreciation & Amortization - CF	333M	352M	384M	506M	606M
Amortization of Goodwill and Intangible Assets - (CF)	33.4M	41.4M	48.8M	51.7M	50.8M
Depreciation & Amortization, Total	366M	393M	433M	557M	656M
Amortization of Deferred Charges, Total - (CF)	82.5M	97.7M	38.2M	26.3M	83.4M
(Gain) Loss From Sale Of Asset	3.1M	2.8M	-241M	12.3M	8.5M
Asset Writedown & Restructuring Costs	4.7M	2.7M	11.5M	27M	29M
(Income) Loss On Equity Investments - (CF)	56.9M	11M	-49.8M	15.3M	4.2M
Stock-Based Compensation (CF)	74.6M	53.9M	118M	68.9M	135M
Provision and Write-off of Bad Debts	-	-	-	-	-
Other Operating Activities, Total	-15.3M	-18.9M	-239M	-286M	352M
Change In Accounts Receivable	943M	1.93B	3.77B	4.29B	-605M
Change In Inventories	-405M	-707M	-483M	-2.08B	-1.65B
Change In Accounts Payable	-12.1M	334M	719M	406M	-262M
Change In Income Taxes	-203M	132M	214M	33.6M	-939M
Change in Other Net Operating Assets	-212M	-1.15B	668M	-212M	-211M
Cash from Operations	3.28B	4.63B	10.85B	8.49B	5.44B
Capital Expenditure	-767M	-962M	-901M	-1.28B	-2.16B
Cash Acquisitions	-	-223M	-	-	-33.6M
Divestitures	-	-	329M	-	-
Sale (Purchase) of Intangible assets	-119M	-38.8M	-39.6M	-37.5M	-40.6M
Investment in Marketable and Equity Securities, Total	-272M	-116M	664M	530M	102M
Net (Increase) Decrease in Loans Originated / Sold - Investing	900K	-12.2M	-124M	-240M	-562M
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-1.16B	-1.35B	-72M	-1.03B	-2.69B
Long-Term Debt Issued, Total	-	1.49B	-	496M	998M
Total Debt Issued	-	1.49B	-	496M	998M
Long-Term Debt Repaid, Total	-3.8M	-3.3M	-12.1M	-516M	-753M
Total Debt Repaid	-3.8M	-3.3M	-12.1M	-516M	-753M
Issuance of Common Stock	27.2M	37.9M	49M	81.8M	99.4M
Repurchase of Common Stock	-410M	-1.21B	-8.56B	-4.64B	-1B
Common Dividends Paid	-1.33B	-1.07B	-1.37B	-2.56B	-2.35B
Common & Preferred Stock Dividends Paid	-1.33B	-1.07B	-1.37B	-2.56B	-2.35B
Cash from Financing	-1.71B	-753M	-9.89B	-7.14B	-3B
Foreign Exchange Rate Adjustments	4.6M	-5.3M	20.3M	-3.1M	-13.8M
Net Change in Cash	411M	2.52B	902M	316M	-264M
Supplemental Items
Cash Interest Paid	59.9M	64.1M	83M	82.2M	138M
Cash Income Tax Paid (Refund)	679M	650M	1.24B	1.73B	2.57B
Levered Free Cash Flow	1.34B	2.8B	6.88B	3.63B	1.56B
Unlevered Free Cash Flow	1.36B	2.82B	6.92B	3.67B	1.65B
Change In Net Working Capital	20.6M	-743M	-3.18B	-276M	2.68B
Net Debt Issued / Repaid	-3.8M	1.48B	-12.1M	-20.6M	245M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	8.16	10.16	14.21	12.21	14.82
Return on Total Capital	11.34	14.64	24.31	28.63	35.39
Return On Equity %	21.39	26.86	49.01	59.35	70.42
Return on Common Equity	21.39	26.86	49.01	59.35	70.42
Margin Analysis
Gross Profit Margin %	44.67	48.63	52.71	50.54	51.29
SG&A Margin	4.4	3.86	3.9	4.47	4.04
EBITDA Margin %	26.71	31.83	37.13	33.05	35.19
EBITA Margin %	23.89	29.32	35.38	30.95	33
EBIT Margin %	23.61	29.02	35.12	30.7	32.81
Income From Continuing Operations Margin %	21.93	25.42	31.61	26.56	28.44
Net Income Margin %	21.93	25.42	31.61	26.56	28.44
Net Avail. For Common Margin %	21.93	25.42	31.61	26.56	28.44
Normalized Net Income Margin	14.72	18.38	22.47	19.46	21.03
Levered Free Cash Flow Margin	11.32	20	36.98	17.16	5.65
Unlevered Free Cash Flow Margin	11.51	20.19	37.16	17.34	5.99
Asset Turnover
Asset Turnover	0.55	0.56	0.65	0.64	0.72
Fixed Assets Turnover