ASML Holding — Earning Quality

EARNING QUALITY

TICKER: [US.ASML - ASML Holding]
PERIOD: [2010-ANNUAL ~ 2025-ANNUAL]


[+] Accruals Ratio: -2.8% (OCF > NI, excellent cash generation)
[+] Cash Conversion: 118% (> 80% = strong, < 50% = weak)
[+] FCF Conversion: 95% (> 80% = excellent quality)


Metric               Value
--------------------------
Avg Accruals Ratio   -2.8%
Avg Cash Conversion   118%
Avg FCF Conversion     95%
Cash Conv Stability  28.2%


Period       Net Income      OCF      FCF  Accruals  Cash Conv  FCF Conv
------------------------------------------------------------------------
2010 ANNUAL       1.02B  940.05M  811.32M      1.3%      92.0%     79.4%
2011 ANNUAL       1.47B    2.07B    1.77B     -8.3%     141.1%    120.6%
2012 ANNUAL       1.15B  703.48M  523.94M      6.0%      61.4%     45.7%
2013 ANNUAL       1.02B    1.05B  839.37M     -0.3%     103.8%     82.7%
2014 ANNUAL       1.20B    1.03B  663.97M      1.4%      85.7%     55.5%
2015 ANNUAL       1.39B    2.03B    1.65B     -4.8%     146.0%    119.1%
2016 ANNUAL       1.56B    1.67B    1.34B     -0.6%     106.9%     86.1%
2017 ANNUAL       2.07B    1.82B    1.46B      1.4%      88.0%     70.7%
2018 ANNUAL       2.59B    3.07B    2.46B     -2.4%     118.6%     95.0%
2019 ANNUAL       2.59B    3.28B    2.39B     -3.0%     126.4%     92.2%
2020 ANNUAL       3.55B    4.63B    3.63B     -3.9%     130.2%    102.1%
2021 ANNUAL       5.88B   10.85B    9.91B    -16.4%     184.4%    168.4%
2022 ANNUAL       5.62B    8.49B    7.17B     -7.9%     150.9%    127.4%
2023 ANNUAL       7.84B    5.44B    3.25B      6.0%      69.4%     41.4%
2024 ANNUAL       7.57B   11.17B    9.08B     -7.4%     147.5%    120.0%
2025 ANNUAL       9.61B   12.66B   11.03B     -6.0%     131.7%    114.8%