EBITDA Growth: ASML vs. Garmin

A Decade of Financial Performance

Over the past decade, ASML Holding N.V. has demonstrated a remarkable growth trajectory in its EBITDA, outpacing Garmin Ltd. by a significant margin. From 2014 to 2023, ASML's EBITDA surged by approximately 586%, reflecting its dominant position in the semiconductor industry. In contrast, Garmin's EBITDA grew by about 65% during the same period, showcasing steady progress in the competitive consumer electronics market.

Year-on-Year Insights

In 2023, ASML's EBITDA reached nearly 10 billion, marking a 39% increase from the previous year. Meanwhile, Garmin's EBITDA was approximately 1.27 billion, a modest 7% rise from 2022. This stark contrast highlights ASML's aggressive expansion and innovation strategies, which have propelled its financial success.

Conclusion

As we look to the future, ASML's continued investment in cutting-edge technology positions it well for sustained growth, while Garmin's focus on niche markets ensures its steady presence in the industry.