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Taiwan Semiconductor Manufacturing Company Limited(TSM)Earnings, Financials & Key Ratios
TSM•NYSE
$432.57
41.8× P/E·Price updated Jul 7, 2026
SectorTechnologyIndustrySemiconductorsSub-IndustrySemiconductor Foundries and Manufacturing Services
AboutTaiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others. The company also offers customer and engineering support services; manufactures masks; and invests in technology start-up companies; researches, designs, develops, manufactures, packages, tests, and sells color filters; and provides investment services. Its products are used in high performance computing, smartphones, Internet of things, automotive, and digital consumer electronics. The company was incorporated in 1987 and is headquartered in Hsinchu City, Taiwan.Show more
- Revenue$3848.51B+33.0%
- EBITDA$2650.92B+33.6%
- Net Income$1735.68B+49.8%
- EPS (Diluted)333.05+44.3%
- Gross Margin59.89%+6.7%
- EBITDA Margin68.88%+0.4%
- Operating Margin50.82%+11.3%
- Net Margin45.1%+12.7%
- ROE35.88%+19.8%
TSM Price & Volume
Taiwan Semiconductor Manufacturing Company Limited (TSM) stock price & volume — 10-year historical chart
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HPC Driven Revenue Growth Fuels Margin Expansion
Investment Thesis • Updated 2026Q1
VerdictPositive
Growth:Accelerating
Profitability:Strong
Financial:Fortress
Cash Flow:Robust
Primary Risk:Geopolitical supply chain disruption
Key Thesis Takeaways
- TSM is currently capitalizing on a structural shift toward high-performance computing, evidenced by a 35.1% revenue growth rate in 2026Q1.
- While the company maintains a fortress balance sheet with a 0.18 debt-to-equity ratio, investors should monitor the potential for margin compression as geographic diversification efforts introduce new cost structures.
- The firm's ability to fund massive $354.4B quarterly capital expenditures through internal cash flow remains a critical pillar of its long-term competitive moat.
Verdict Logic
the company demonstrates high-quality earnings with $572.5B in net income and negligible stock-based compensation, justifying its current growth trajectory despite the 41.36 P/E ratio.
TSM Growth Metrics
Taiwan Semiconductor Manufacturing Company Limited (TSM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years16.39%
5 Years23.51%
3 Years19.35%
TTM30.97%
Profit CAGR
10 Years19.08%
5 Years27.72%
3 Years20.46%
TTM49.37%
EPS CAGR
10 Years18.45%
5 Years28.45%
3 Years18.81%
TTM46.88%
Return on Capital
10 Years26.39%
5 Years27.8%
3 Years27.06%
Last Year33.17%
TSM Recent Earnings
Taiwan Semiconductor Manufacturing Company Limited (TSM) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 11/12 qtrs (92%)
Q2 2026Latest
Apr 16, 2026Metric
Actual
Est
EPS
$3.49+5.4%
$3.31
Rev
$36.0B+1.8%
$35.4B
Q2 2026
Apr 15, 2026Metric
Actual
Est
EPS
$3.49+5.4%
$3.31
Rev
$36.0B+1.8%
$35.4B
Q1 2026
Jan 15, 2026Metric
Actual
Est
EPS
$3.09+6.6%
$2.90
Rev
$33.1B+0.4%
$33.0B
Q4 2025
Nov 14, 2025Metric
Actual
Est
EPS
$2.85+8.4%
$2.63
Rev
$32.4B+0.9%
$32.1B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 16, 2026 | $3.49vs $3.31+5.4% | $36.0Bvs $35.4B+1.8% |
| Q2 2026 | Apr 15, 2026 | $3.49vs $3.31+5.4% | $36.0Bvs $35.4B+1.8% |
| Q1 2026 | Jan 15, 2026 | $3.09vs $2.90+6.6% | $33.1Bvs $33.0B+0.4% |
| Q4 2025 | Nov 14, 2025 | $2.85vs $2.63+8.4% | $32.4Bvs $32.1B+0.9% |
Based on last 12 quarters of dataView full earnings history →
Latest TSM News
Recent stock market news and headlines for Taiwan Semiconductor Manufacturing Company Limited (TSM)
The Motley Fool·1 day ago
Is TSMC Still a Buy After Its Massive Rally?Taiwan Semiconductor Manufacturing (TSM +5.04%) is one of the most important companies behind the AI boom, but its massive rally has changed the setup. Pricing power could lift earnings as advanced chip demand stays tight, yet valuation, geopolitical risk, and a legal ruling make this a much more emotional stock story.
Zacks Investment Research·1 day ago
Weak June Jobs Data Likely to Boost These ETF AreasWeak June jobs growth boosts hopes of a dovish Fed, putting healthcare, tech, gold and emerging market ETFs in the spotlight.
Barrons·1 day ago
Samsung Earnings, SK Hynix Listing Will Test AI-Fueled Tech RallySamsung Electronics earnings, SK Hynix's U.S. listing and TSMC's June sales will give investors fresh clues on demand for AI memory chips and the durability of this year's semiconductor rally.
24/7 Wall Street·1 day ago
TSMC's Winbond DRAM Deal Isn't Domination, It's Insurance. Here's What It Actually Means for Chip ETFsThe supply chain shortage in Dynamic Random Access Memory (DRAM), and more specifically, in High Bandwidth Memory (HBM) chips is a big reason why the memory chip “Big 3”: SK Hynix, Samsung, and Micron Technology – have all been soaring with triple digit 1-year returns in 2026.
Peers Comparison
Key metrics vs top competitors for Taiwan Semiconductor Manufacturing Company Limited (TSM)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $432.57 | $2.24T | 41.75 | 32.97% | 45.1% | 35.88% | 0.65% | |
| $110.39 | $554.27B | -1874.19 | -0.47% | -5.9% | -2.68% | — | |
| $65.84 | $36.11B | 41.41 | 0.61% | 11.37% | 6.63% | — | |
| $23.83 | $59.44B | 45.87 | 2.26% | 20.82% | 13.5% | — | |
| $554.50 | $440.25B | 64.03 | 4.39% | 29.31% | 39.78% | — | |
| $326.13 | $407.26B | 78.59 | 23.68% | 30.94% | 65.79% | — |
Compare TSM vs Peers
Taiwan Semiconductor Manufacturing Company Limited (TSM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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TSM Frequently Asked Questions
Taiwan Semiconductor Manufacturing Company Limited (TSM) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Taiwan Semiconductor Manufacturing Company Limited's revenue?
Taiwan Semiconductor Manufacturing Company Limited (TSM) reported $4.11T in revenue for fiscal year 2025. This represents a 9238% increase from $44.05B in 1997.
How fast is Taiwan Semiconductor Manufacturing Company Limited growing?
Taiwan Semiconductor Manufacturing Company Limited (TSM) grew revenue by 33.0% over the past year. This is strong growth.
Is TSM profitable?
Yes, Taiwan Semiconductor Manufacturing Company Limited (TSM) is profitable, generating $1.93T in net income for fiscal year 2025 (45.1% net margin).
Dividend & Returns
Does TSM pay dividends?
Yes, Taiwan Semiconductor Manufacturing Company Limited (TSM) pays a dividend with a yield of 0.65%. This makes it attractive for income-focused investors.
What is TSM's return on equity?
Taiwan Semiconductor Manufacturing Company Limited (TSM) has a return on equity (ROE) of 35.9%. This is excellent, indicating efficient use of shareholder capital.
What is Taiwan Semiconductor Manufacturing Company Limited's free cash flow?
Taiwan Semiconductor Manufacturing Company Limited (TSM) generated $1.10T in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.