Financial overview

Five-year overview summary

Always refer to the electronic version of the ASML Annual Reports based on US GAAP for the full and official financial information.

Income statement
Year ended December 31 (€, in millions, except per share data)
2019 2020 2021 2022 2023
Net sales 11, 820.0 13,978.5 18,611.0 21,173.4 27,558.5
Gross profit 5,279.8 6,797.2 9,809.0 10,700.1 14,136.1
Research and development costs (1,968.5) (2,200.8) (2,547.0) (3,253.5) (3,980.6)
Selling, general and administrative costs (520.5) (544.9) (725.6) (945.9) (1,113.2)
Other income - - 213.7 - -
Income from operations 2,790.8 4,051.5 6,750.1 6,500.7 9,042.3
Net income 2,592.3 3,553.7 5,883.2 5,624.2 7,839.0
Gross profit as a percentage of net sales 44.7% 48.6% 52.7% 50.5% 51.3%
Income from operations as a percentage of net sales 23.6% 29.0% 36.3% 30.7% 32.8%
Basic net income per share 6.16 8.49 14.36 14.14 19.91
Diluted net income per share 6.15 8.48 14.34 14.13 19.89
Number of ordinary shares used in computing per share amounts:  
Basic 420.8 418.3 409.8 397.7 393.8
Diluted 421.6 419.1 410.4 398.0 394.1
Balance sheet
as of December 31 (€, in millions)
2019 2020 2021 2022 2023
Cash and cash equivalents 3,532.3 6,049.4 6,951.8 7,268.3 7,004.7
Short-term investments 1,185.8 1,302.2 638.5 107.7 5.4
Total assets 22,629.6 27,267.4 30,231.0 36,300.4 39,957.5
Long-term debt (current and non – current) 3,108.3 4,678.2 4,584.1 4,260.4 4,631.6
Shareholders' equity 12,592.2 13,865.4 10,140.6 8,810.8 13,452.4
Employees
as of  December 31
2019 2020 2021 2022 2023
Number of payroll employees (in FTEs) 23,219 26,614 29,861 36,112 40,309