TSM
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTDTAIWAN SEMICONDUCTOR MANUFACTURING CO LTD reported revenue of TWD 2.89T in its most recent fiscal year, up 33.9% on the year before. It kept 40.0% of that as net income, and generated TWD 870.17B of free cash flow. Figures below are compared against other companies classified under Semiconductors & Related Devices.
Grades vs. industry
Growth
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Revenue growth (YoY) Latest fiscal year revenue vs. the year before. | 33.9% | 11.4% | 21 / 87 |
Revenue growth (3y) Annualized revenue growth over three fiscal years. | 22.2% | -1.6% | 17 / 84 |
Revenue growth (5y) Annualized revenue growth over five fiscal years. | 22.0% | 8.0% | 17 / 79 |
EPS growth (YoY) Diluted EPS vs. the prior fiscal year. | 36.0% | 4.8% | 13 / 44 |
EPS growth (3y) Annualized diluted EPS growth over three fiscal years. | 25.1% | -11.0% | 5 / 35 |
EPS growth (5y) Annualized diluted EPS growth over five fiscal years. | 26.8% | 6.1% | 8 / 32 |
Free cash flow growth (YoY) Operating cash flow less capital expenditure, vs. prior year. | 197.9% | 15.6% | 10 / 52 |
Free cash flow growth (3y) Annualized free cash flow growth over three fiscal years. | 47.2% | 1.7% | 5 / 42 |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Profitability
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Gross margin Gross profit as a share of revenue. Often unreported. | 56.1% | 40.2% | 20 / 88 |
Operating margin Operating income as a share of revenue. | 45.7% | 2.1% | 5 / 87 |
Net margin Net income as a share of revenue. | 40.0% | 1.0% | 5 / 88 |
Free cash flow margin Free cash flow as a share of revenue. | 30.1% | 6.4% | 10 / 86 |
Return on equity Net income divided by shareholder equity. | 27.0% | 1.5% | 9 / 86 |
Return on assets Net income divided by total assets. | 17.3% | 0.5% | 7 / 90 |
Return on invested capital After-tax operating profit over debt plus equity less cash. | 48.5% | 1.8% | 6 / 84 |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Financial health
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Debt to equity Total debt divided by shareholder equity. | 0.02x | 0.27x | 7 / 54 |
Current ratio Current assets over current liabilities. | 2.36x | 2.75x | 55 / 90 |
Quick ratio Current assets excluding inventory, over current liabilities. | 2.14x | 2.14x | 45 / 90 |
Interest coverage Operating income divided by interest expense. | 125.96x | 3.18x | 5 / 61 |
Net debt to EBITDA Net debt over derived EBITDA. EBITDA is not a GAAP tag; it is computed. | Not reported | -0.65x | — |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Debt figures can be understated where a filer splits borrowings across XBRL tags this site does not match.
Dividend coverage
Measures how much of earnings and free cash flow the dividend consumes, against industry peers. A low grade means the dividend is less covered than peers' — not that a cut is expected. Long-established payers often score low here by design.
| Metric | Company | Industry median | Rank |
|---|---|---|---|
Dividend payout ratio Dividends paid as a share of net income. | 31.4% | 54.8% | 7 / 21 |
Dividend / free cash flow Dividends paid as a share of free cash flow. The stricter test. | 41.7% | 42.5% | 8 / 18 |
Dividend growth (5y) Annualized growth in dividends per share over five years. | Not reported | 10.1% | — |
top third of peersmiddle thirdbottom third. Rank 1 is always best — for debt and payout ratios that means the lowest figure, not the highest.
“Not reported” means the company did not tag this figure in its filing, not that the value is zero. Rankings are hidden where fewer than 5 classified peers reported the metric, and compare against a broad industry code rather than close competitors.
Dividend record
What the dividend has actually done, not a prediction of what it will do. Changes are checked against total dollars paid so that stock splits are not mistaken for cuts.
Dividend history is limited to what companies have filed in machine-readable form, which generally begins around 2009. A company may have paid or raised its dividend for far longer than shown here.
Insider activity
Trades reported by officers, directors and 10% shareholders on SEC Form 4. All 40 of the last reported transactions were open-market purchases, which is unusual.
| Date | Insider | Transaction | Shares | Price | Value |
|---|---|---|---|---|---|
| Oct 7, 2026 | Wei Che-Chia Chairman and CEO | Open-market purchase | 144 | $79.39 | $11.4K |
| Oct 7, 2026 | Mii Yuh-Jier EVP and Co-COO | Open-market purchase | 68 | $79.39 | $5.4K |
| Oct 7, 2026 | Chin Yung-Pei EVP and Co-COO | Open-market purchase | 67 | $79.39 | $5.3K |
| Oct 7, 2026 | Hou Yung-Chin SVP and Deputy Co-COO | Open-market purchase | 60 | $79.39 | $4.8K |
| Oct 7, 2026 | Zhang Kevin Xiaoqiang SVP and Deputy Co-COO | Open-market purchase | 59 | $79.39 | $4.7K |
| Oct 7, 2026 | Fang Shu-Hua SVP and GC | Open-market purchase | 53 | $79.39 | $4.2K |
| Oct 7, 2026 | Wu Shien-Yang SVP | Open-market purchase | 53 | $79.39 | $4.2K |
| Oct 7, 2026 | Wang Ying-Lang SVP | Open-market purchase | 52 | $79.39 | $4.1K |
| Oct 7, 2026 | Yeap Choh Fei SVP | Open-market purchase | 52 | $79.39 | $4.1K |
| Oct 7, 2026 | Hsu Kuo-Chin VP | Open-market purchase | 52 | $79.39 | $4.1K |
| Oct 7, 2026 | Chang Tzonz-Sheng SVP | Open-market purchase | 51 | $79.39 | $4.0K |
| Oct 7, 2026 | Cao Min VP | Open-market purchase | 51 | $79.39 | $4.0K |
| Oct 7, 2026 | Lee Chun-Hsien SVP | Open-market purchase | 51 | $79.39 | $4.0K |
| Oct 7, 2026 | Yoo Chue-San VP | Open-market purchase | 50 | $79.39 | $4.0K |
| Oct 7, 2026 | Lu Lee-Chung VP | Open-market purchase | 49 | $79.39 | $3.9K |
| Oct 7, 2026 | Chuang Juiping VP | Open-market purchase | 46 | $79.39 | $3.7K |
| Oct 7, 2026 | Jang Syun-Ming VP | Open-market purchase | 46 | $79.39 | $3.7K |
| Oct 7, 2026 | Ku Yao-Ching VP | Open-market purchase | 46 | $79.39 | $3.7K |
| Oct 7, 2026 | Chuang Tzu-Sou VP | Open-market purchase | 46 | $79.39 | $3.7K |
| Oct 7, 2026 | Lin Chris Horng-Dar VP and CIO | Open-market purchase | 44 | $79.39 | $3.5K |
| Oct 7, 2026 | Lin Shyue-Shyh VP | Open-market purchase | 44 | $79.39 | $3.5K |
| Oct 7, 2026 | Chen Pei-Hung VP | Open-market purchase | 43 | $79.39 | $3.4K |
| Oct 7, 2026 | He Jun VP | Open-market purchase | 43 | $79.39 | $3.4K |
| Oct 7, 2026 | Tien Bor-Zen VP | Open-market purchase | 40 | $79.39 | $3.2K |
| Oct 7, 2026 | Yuan Lipen VP | Open-market purchase | 40 | $79.39 | $3.2K |
A dash under price or value means none was reported, which is normal for grants and gifts — it does not mean the shares were free. Option exercises and awards are compensation arriving on a schedule, not a judgement about the stock.
Annual financials
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 2.89T | TWD 2.16T | TWD 2.26T | TWD 1.59T | TWD 1.34T | TWD 1.07T | TWD 1.03T | TWD 977.45B | TWD 947.94B | TWD 843.50B |
| Gross profit | TWD 1.62T | TWD 1.18T | TWD 1.35T | TWD 819.54B | TWD 711.13B | TWD 492.70B | TWD 497.87B | TWD 494.83B | TWD 474.83B | TWD 410.39B |
| Operating income | TWD 1.32T | TWD 921.47B | TWD 1.12T | TWD 649.98B | TWD 566.78B | TWD 372.70B | TWD 383.62B | TWD 385.56B | TWD 377.96B | TWD 320.05B |
| Net income | TWD 1.16T | TWD 851.03B | TWD 993.29B | TWD 592.88B | TWD 511.01B | TWD 354.03B | TWD 363.11B | TWD 345.04B | TWD 331.80B | TWD 302.83B |
| EPS (diluted) | TWD 44.67 | TWD 32.85 | TWD 38.29 | TWD 22.84 | TWD 19.70 | TWD 13.65 | TWD 14.00 | TWD 13.30 | TWD 12.79 | TWD 11.68 |
| Operating cash flow | TWD 1.83T | TWD 1.24T | TWD 1.61T | TWD 1.11T | TWD 822.67B | TWD 615.14B | TWD 573.95B | TWD 585.32B | TWD 539.83B | TWD 529.88B |
| Capital expenditure | TWD 956.01B | TWD 949.82B | TWD 1.08T | TWD 839.20B | TWD 507.24B | TWD 460.42B | TWD 315.58B | TWD 330.59B | TWD 328.05B | TWD 257.52B |
| Free cash flow | TWD 870.17B | TWD 292.15B | TWD 527.93B | TWD 272.96B | TWD 315.43B | TWD 154.72B | TWD 258.37B | TWD 254.73B | TWD 211.79B | TWD 272.36B |
| Total assets | TWD 6.69T | TWD 5.53T | TWD 4.96T | TWD 3.73T | TWD 2.76T | TWD 2.26T | TWD 2.09T | TWD 1.99T | TWD 1.89T | — |
| Shareholder equity | TWD 4.28T | TWD 3.45T | TWD 2.92T | TWD 2.15T | TWD 1.84T | TWD 1.61T | TWD 1.66T | TWD 1.50T | TWD 1.36T | TWD 1.19T |
| Total debt | TWD 91.68B | TWD 13.68B | TWD 24.07B | TWD 118.23B | TWD 90.53B | TWD 118.52B | TWD 88.75B | TWD 63.77B | TWD 57.96B | — |
| Cash | TWD 2.13T | TWD 1.47T | TWD 1.34T | TWD 1.06T | TWD 660.17B | TWD 455.40B | TWD 577.81B | TWD 553.39B | TWD 541.25B | TWD 562.69B |
| Dividends per share | — | — | — | — | — | — | TWD 8.00 | TWD 7.00 | TWD 6.00 | TWD 4.50 |
A dash means the figure was not tagged in that year’s filing. It does not mean zero. Figures reflect the most recent filing covering each period, so restated years show their restated values.
Amounts are in TWD, as the company reports them. Nothing here is converted to dollars, so these figures cannot be compared directly against a company reporting in another currency. Margins, returns and other ratios are unaffected.
Source
Figures come from TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD’s filings with the SEC, as submitted in XBRL. The most recent annual figures are from a 20-F filed Apr 17, 2025. View filings on EDGAR.