ASML Posts €28.3 Billion Sales with €7.6 Billion Profit for 2024

ASML reports impressive Q4 and full-year results, with strong net sales and income, and projects continued growth driven by artificial intelligence, while also announcing plans for dividends and share buybacks.

Impressive Q4 and full-year results
Optimistic outlook for 2025
CEO's focus on artificial intelligence as a growth driver

ASML’s Stellar Q4 and Full-Year Results

Today, ASML Holding NV (ASML) dropped some impressive numbers for its fourth quarter and full-year results of 2024. Let’s break it down: in Q4 alone, the company raked in a whopping €9.3 billion in total net sales, boasting a gross margin of 51.7%. Not too shabby, right? They also reported a net income of €2.7 billion for the quarter. And if you think that’s good, just wait until you hear about their full-year performance—total net sales hit €28.3 billion with a gross margin of 51.3% and a net income of €7.6 billion.

A Bright Outlook for 2025

Looking ahead, ASML is optimistic about the first quarter of 2025, projecting total net sales to fall between €7.5 billion and €8.0 billion, with a gross margin hovering around 52% to 53%. For the entirety of 2025, they’re eyeing total net sales between €30 billion and €35 billion, with a similar gross margin forecast. Sounds promising, doesn’t it?

CEO’s Take on Growth Drivers

In a statement that’s sure to resonate with tech enthusiasts, ASML’s CEO Christophe Fouquet highlighted the pivotal role of artificial intelligence in driving growth in the industry. “The growth in artificial intelligence is the key driver for growth in our industry,” he said. But it’s not all sunshine and rainbows; this shift in market dynamics isn’t benefiting all customers equally, creating both opportunities and risks. It’s a fascinating landscape, and one that’s bound to evolve as AI continues to shape the tech world.

Dividends and Share Buybacks

Now, let’s talk about the money. ASML plans to declare a total dividend of €6.40 per ordinary share for 2024, marking a 4.9% increase from 2023. Shareholders can expect an interim dividend of €1.52 per share on February 19, 2025. If you’re keeping score, that’s three interim dividends of €1.52 each in 2024, leading to a final proposal of €1.84 per ordinary share for the upcoming General Meeting.

Interestingly, ASML didn’t buy back any shares in the fourth quarter under their current share buyback program, which runs from 2022 to 2025. For more details on the share buyback program and dividends, you can check out ASML’s website.

Final Thoughts

All in all, ASML’s performance paints a picture of a company on the rise, fueled by advancements in technology and a keen eye on the future. With a solid financial foundation and a strategic focus on AI, they seem well-positioned to navigate the challenges and opportunities ahead. What do you think? Are we witnessing the dawn of a new era in tech, or is this just the beginning of something bigger?

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Background Information

About ASML:

ASML is an innovation leader in the global semiconductor industry. ASML provide chipmakers with hardware, software and services to mass produce patterns on silicon through lithography. Their lithography systems use ultraviolet light to create billions of tiny structures on silicon that together make up a microchip. Founded in 1984 in the Netherlands with just a handful of employees, ASML hass now grown to over 40,000 employees, 143 nationalities and more than 60 locations around the world.