• ASML Holding average gross margin for 2023 was 51.2%, a 0.1% decline from 2022.
• ASML Holding average gross margin for 2022 was 51.15%, a 0.95% increase from 2021.
• ASML Holding average gross margin for 2021 was 51.64%, a 9.9% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.