Tower Semiconductor
TSEM
248.25
-10.16
-3.93%
Tower Semiconductor
US · TSEM
#769 by market cap
Listed 1970
248.25
-10.16
-3.93%
Live - 5344 symbols - heartbeat 197s ago
· 2026-10-08 08:29
Pre-market
239.94
-3.35%
After-hours
248.51
+0.10%
Overnight
243.52
-1.91%
- Market cap
- 28.06B
- P/E (TTM)i
- 98.12
- P/Bi
- 9.14
- EPSi
- 1.94
- Div yieldi
- 0.00%
- 52W posi
- 71%
Reader sentiment
Are you bullish or bearish on TSEM?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 41.87, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +9.05% YoY
Margins
- Gross margin
- 23.23%
- Operating margin
- 12.40%
- Net margin
- 14.08%
Key ratios & quality
- Enterprise valuei
- 27.07B
- Altman Z-Scorei
- 41.87
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.30B | 1.23B | 1.27B | 1.51B | 1.68B | 1.42B | 1.44B | 1.57B |
| Gross profit | 292.95M | 229.67M | 233.32M | 329.12M | 466.31M | 353.52M | 339.44M | 363.85M |
| Selling & admin expenses | 64.95M | 67.38M | 63.97M | 77.22M | 80.28M | 72.45M | 74.96M | 83.19M |
| Research & development | 73.05M | 75.58M | 78.32M | 85.39M | 83.91M | 79.81M | 79.43M | 86.50M |
| Operating profit | 154.94M | 86.72M | 91.03M | 166.51M | 302.12M | 201.26M | 185.04M | 194.17M |
| Pretax profit | 139.32M | 91.02M | 88.69M | 155.10M | 291.97M | 584.84M | 217.43M | 240.38M |
| Tax | 5.94M | 2.95M | 5.40M | 1.02M | 25.50M | 65.31M | 10.21M | 21.57M |
| Net profit | 133.38M | 88.07M | 83.29M | 154.08M | 266.47M | 519.53M | 207.22M | 218.81M |
| Basic EPS | 1 | 1 | 1 | 1 | 2 | 5 | 2 | 2 |
| Diluted EPS | 1.32 | 0.84 | 0.76 | 1.37 | 2.39 | 4.66 | 1.85 | 1.94 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 358.17M | 372.06M | 395.67M | 440.21M | 413.63M | 460.08M |
| Gross profit | 73.17M | 80.03M | 93.05M | 117.61M | 110.95M | 137.77M |
| Selling & admin expenses | 20.10M | 20.74M | 20.41M | 21.93M | 22.86M | 23.91M |
| Research & development | 20.17M | 19.42M | 22.06M | 24.85M | 23.53M | 23.57M |
| Operating profit | 32.90M | 39.87M | 50.58M | 70.83M | 64.57M | 90.29M |
| Pretax profit | 43.50M | 54.25M | 61.07M | 81.56M | 74.08M | 106.19M |
| Tax | 3.78M | 8.66M | 7.63M | 1.51M | 6.52M | 15.57M |
| Net profit | 39.72M | 45.59M | 53.45M | 80.06M | 67.57M | 90.62M |
| Basic EPS | 0 | 0 | 0 | 1 | 1 | 1 |
| Diluted EPS | 0.35 | 0.41 | 0.47 | 0.70 | 0.57 | 0.79 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 987.96M | 1.09B | 1.10B | 1.20B | 1.50B | 1.71B | 1.76B | 1.71B |
| Cash & ST investments | 641.02M | 747.24M | 710.88M | 764.65M | 1.01B | 1.24B | 1.22B | 1.15B |
| Inventory | 170.78M | 192.26M | 199.13M | 234.51M | 302.11M | 282.69M | 268.30M | 256.86M |
| Total assets | 1.79B | 1.93B | 2.09B | 2.23B | 2.55B | 2.92B | 3.08B | 3.32B |
| Total current liabilities | 203.72M | 253.06M | 272.91M | 276.33M | 387.39M | 276.84M | 285.06M | 263.75M |
| Short-term debt | 10.81M | 65.93M | 106.51M | 83.87M | 62.28M | 58.95M | 48.38M | 28.11M |
| Long-term debt | 256.67M | 245.82M | 283.77M | 230.97M | 210.07M | 172.61M | 132.44M | 133.41M |
| Total liabilities | 553,772,000.00 | 586,110,000.00 | 639,247,000.00 | 615,852,000.00 | 659,067,000.00 | 491,478,000.00 | 440,305,000.00 | 417,707,000.00 |
| Total equity | 1.24B | 1.35B | 1.45B | 1.62B | 1.89B | 2.43B | 2.64B | 2.90B |
| Retained earnings | -637.45M | -547.40M | -465.46M | -315.45M | -50.88M | 467.62M | 675.48M | 895.95M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 1.73B | 1.76B | 1.78B | 1.71B | 2.03B | 1.99B |
| Cash & ST investments | 1.18B | 1.21B | 1.22B | 1.15B | 1.50B | 1.48B |
| Inventory | 276.07M | 286.75M | 286.68M | 256.86M | 254.83M | 244.36M |
| Total assets | 3.11B | 3.20B | 3.25B | 3.32B | 3.70B | 3.77B |
| Total current liabilities | 249.46M | 268.32M | 269.24M | 263.75M | 360.36M | 404.21M |
| Short-term debt | 27.49M | 33.08M | 33.20M | 28.11M | 25.11M | 16.92M |
| Long-term debt | 134.84M | 143.02M | 130.88M | 133.41M | 130.75M | 124.78M |
| Total liabilities | 406,590,000.00 | 428,973,000.00 | 420,020,000.00 | 417,707,000.00 | 726,520,000.00 | 700,064,000.00 |
| Total equity | 2.70B | 2.77B | 2.83B | 2.90B | 2.97B | 3.07B |
| Retained earnings | -- | -- | -- | 895.95M | -- | -- |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 312.90M | 291.32M | 276.56M | 421.29M | 529.82M | 676.56M | 448.68M | 395.48M |
| Depreciation & amortization | 214.39M | 214.47M | 240.53M | 270.71M | 292.64M | 258.02M | 266.28M | 303.11M |
| Free cash flow | 102.71M | 99.92M | -37.10M | 107.49M | 163.42M | 232.06M | 12.53M | -48.94M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 385.09M | 355.56M | 211.68M | 210.93M | 340.76M | 260.66M | 271.89M | 235.37M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 93.92M | 122.60M | 139.42M | 39.54M | 509.97M | 176.97M |
| Depreciation & amortization | 74.23M | 74.64M | 76.46M | 77.79M | 82.93M | 83.57M |
| Free cash flow | -17.49M | 11.92M | 35.93M | -79.30M | 353.60M | -9.62M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 274.82M | 265.29M | 272.74M | 235.37M | 243.31M | 231.19M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 11.90 | 6.93 | 5.85 | 9.74 | 15.06 | 23.98 | 8.17 | 7.91 |
| ROA %i | 7.83 | 4.84 | 4.09 | 6.94 | 11.07 | 18.97 | 6.93 | 6.89 |
| ROIC %i | 9.40 | 5.30 | 4.59 | 8.03 | 12.55 | 20.17 | 5.78 | 5.91 |
| 5-year avg ROE %i | 15.31 | 16.21 | 19.34 | 13.79 | 9.90 | 12.31 | 12.56 | 12.97 |
| EBIT margin %i | 11.50 | 7.93 | 7.54 | 10.77 | 17.74 | 41.42 | 15.42 | 15.58 |
| FCF / sales %i | 7.88 | 8.10 | -- | 7.13 | 9.74 | 16.31 | 0.87 | -- |
| Current ratioi | 4.85 | 4.30 | 4.04 | 4.33 | 3.86 | 6.17 | 6.18 | 6.48 |
| Quick ratioi | 3.94 | 3.51 | 3.29 | 3.35 | 3.05 | 5.11 | 5.12 | 5.43 |
| Debt / assetsi | 14.94 | 16.13 | 18.64 | 14.11 | 10.69 | 7.93 | 5.87 | 4.86 |
| LT debt / equityi | 20.65 | 18.15 | 19.47 | 14.24 | 11.11 | 7.10 | 4.99 | 4.57 |
| Interest coveragei | 14.13 | 14.34 | 14.13 | 22.21 | 52.34 | 132.60 | 54.97 | 66.71 |
| Revenue CAGR (3Y) %i | 10.73 | -0.42 | -3.01 | 4.97 | 10.78 | 3.97 | -1.62 | -2.27 |
| Net income CAGR (3Y) %i | -- | -23.85 | -34.88 | 3.43 | 43.23 | 84.69 | 11.49 | -5.90 |
| FCF CAGR (3Y) %i | -- | -3.14 | -- | 1.53 | 17.82 | -- | -51.15 | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 7.85 | 7.40 | 7.15 | 7.91 | 8.60 | 9.86 |
| ROA %i | 6.68 | 6.37 | 6.19 | 6.89 | 7.21 | 8.30 |
| ROIC %i | 5.28 | 4.74 | 6.71 | 5.91 | 6.56 | 7.77 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 15.02 | 14.20 | 13.63 | 15.58 | 17.00 | 19.08 |
| FCF / sales %i | -- | -- | 2.20 | -- | 19.87 | 17.58 |
| Current ratioi | 6.93 | 6.57 | 6.61 | 6.48 | 5.63 | 4.91 |
| Quick ratioi | 5.62 | 5.30 | 5.33 | 5.43 | 4.75 | 4.17 |
| Debt / assetsi | 5.22 | 5.50 | 5.04 | 4.86 | 4.21 | 3.76 |
| LT debt / equityi | 4.97 | 5.13 | 4.60 | 4.57 | 4.37 | 4.04 |
| Interest coveragei | -- | -- | -- | 66.71 | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Analog foundry operations100.00%
Region
United States of America42.00%
Asia (other than Japan)39.00%
Japan13.00%
Europe6.00%
Quote time 2026-10-08 08:29:21 · For reference only, not investment advice and not tailored to your situation.