$ASML Holding NV(ASML)$ FCF/share since FY19
FY24 YoY
FCF/share +174%
Dividend/share +5%
Dividend payout: ~27% of FCF (down from 71% last year)
Buybacks $0.5 B (5% of FCF)
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ASML Cash Flow improvement was mostly from from Changes in assets and liabilities.
Last year the company was extending payment terms to customers reducing operating cash flow (see snapshot from FY23 annual report), FY24 likely the reverse
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ASML dividends as paid
Meanwhile the company has announced:
February interim dividend at €1.52 (payable 19Feb)
May final dividend proposed at €1.84 (+5% vs FY23)
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ASML net bookings
Market was excited about 4Q bookings but FY24 is the lowest year since FY20
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