Taiwan Semiconductor
US.TSM
428.91
+11.90
+2.85%
Taiwan Semiconductor
428.91
+11.90
+2.85%
Collector offline (last heartbeat: 15952s ago)
· 2026-09-04 19:59
Pre-market
421.48
+1.07%
After-hours
427.98
-0.22%
Overnight
419.49
+0.59%
Revenue annual, last 8 years
Latest year +31.61% YoY
Margins
- Gross margin
- 59.89%
- Operating margin
- 50.83%
- Net margin
- 44.57%
Key ratios & quality
- Enterprise value
- 129.46B
- PEG ratio
- 1.63
- Altman Z-Score
- 2.98
PEG uses trailing P/E against the 3-year net income growth rate (19.58%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." 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.
✦ AI Financial Health how this is computed
Fair
- Altman Z-Score is 2.98, in the 1.8-3.0 "grey zone".
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.03T | 1.07T | 1.34T | 1.59T | 2.26T | 2.16T | 2.89T | 3.81T |
| Gross profit | 497.87B | 492.70B | 711.13B | 819.54B | 1.35T | 1.18T | 1.62T | 2.28T |
| Selling & admin expenses | 26.25B | 28.09B | 35.57B | 44.49B | 63.45B | 71.46B | 96.89B | 99.22B |
| Research & development | 85.90B | 91.42B | 109.49B | 124.73B | 163.26B | 182.37B | 204.18B | 246.43B |
| Operating profit | 383.63B | 372.70B | 566.78B | 649.98B | 1.12T | 921.43B | 1.32T | 1.94T |
| Pretax profit | 397.54B | 389.86B | 584.75B | 663.04B | 1.14T | 979.32B | 1.41T | 2.04T |
| Tax | 34.44B | 35.84B | 73.74B | 70.16B | 150.78B | 128.29B | 248.32B | 346.53B |
| Net profit | 363.11B | 354.03B | 511.01B | 592.88B | 993.29B | 851.03B | 1.16T | 1.70T |
| Basic EPS | 70 | 68 | 99 | 114 | 191 | 164 | 223 | 327 |
| Diluted EPS | 70.00 | 68.25 | 98.50 | 114.20 | 191.45 | 164.25 | 223.35 | 327.35 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 839.25B | 933.79B | 989.92B | 1.05T | 1.13T | 1.27T |
| Gross profit | 493.40B | 547.37B | 588.54B | 651.99B | 751.30B | 860.31B |
| Selling & admin expenses | 28.64B | 23.23B | 24.02B | 23.33B | 26.25B | 25.84B |
| Research & development | 56.55B | 61.28B | 63.74B | 64.86B | 67.76B | 73.15B |
| Operating profit | 407.09B | 463.44B | 500.69B | 564.88B | 658.95B | 766.57B |
| Pretax profit | 430.90B | 493.04B | 525.37B | 592.36B | 687.80B | 862.43B |
| Tax | 70.16B | 95.54B | 73.61B | 107.21B | 115.00B | 155.65B |
| Net profit | 360.73B | 397.49B | 451.76B | 485.14B | 572.80B | 706.78B |
| Basic EPS | 70 | 77 | 87 | 98 | 110 | 136 |
| Diluted EPS | 69.70 | 76.80 | 87.20 | 97.50 | 110.40 | 136.25 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 951.68B | 822.61B | 1.09T | 1.61T | 2.05T | 2.19T | 3.09T | 3.82T |
| Cash & ST investments | 713.55B | 594.19B | 799.76B | 1.20T | 1.59T | 1.71T | 2.48T | 3.13T |
| Inventory | 103.23B | 82.98B | 137.35B | 193.10B | 221.15B | 251.00B | 287.87B | 288.11B |
| Total assets | 2.09T | 2.26T | 2.76T | 3.73T | 4.96T | 5.53T | 6.69T | 7.93T |
| Total current liabilities | 356.84B | 598.36B | 631.90B | 758.35B | 986.56B | 942.81B | 1.31T | 1.52T |
| Short-term debt | 123.65B | 150.32B | 91.16B | 119.49B | 19.31B | 9.29B | 59.86B | 136.93B |
| Long-term debt | 56.90B | 25.10B | 256.07B | 613.38B | 839.10B | 918.28B | 958.43B | 896.06B |
| Total liabilities | 428,926,100,000.00 | 650,337,700,000.00 | 924,836,700,000.00 | 1,573,619,700,000.00 | 2,046,626,700,000.00 | 2,078,330,100,000.00 | 2,412,493,100,000.00 | 2,536,623,300,000.00 |
| Total equity | 1.66T | 1.61T | 1.84T | 2.15T | 2.92T | 3.45T | 4.28T | 5.40T |
| Retained earnings | 1.06T | 1.00T | 1.22T | 1.52T | 2.28T | 2.82T | 3.56T | 4.64T |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 3.35T | 3.26T | 3.44T | 3.82T | 4.27T | 4.57T |
| Cash & ST investments | 2.76T | 2.68T | 2.80T | 3.13T | 3.45T | 3.60T |
| Inventory | 293.39B | 304.19B | 288.69B | 288.11B | 311.45B | 385.52B |
| Total assets | 7.13T | 7.01T | 7.35T | 7.93T | 8.66T | 9.38T |
| Total current liabilities | 1.40T | 1.38T | 1.28T | 1.52T | 1.71T | 1.86T |
| Short-term debt | 61.77B | 94.21B | 76.23B | 136.93B | 156.24B | 167.41B |
| Long-term debt | 986.98B | 883.67B | 918.23B | 896.06B | 901.02B | 864.26B |
| Total liabilities | 2,531,662,963,000.00 | 2,389,717,699,000.00 | 2,318,529,274,000.00 | 2,536,623,300,000.00 | 2,728,560,764,000.00 | 2,901,183,746,000.00 |
| Total equity | 4.60T | 4.62T | 5.04T | 5.40T | 5.93T | 6.47T |
| Retained earnings | 3.85T | 4.12T | 4.26T | 4.64T | 5.19T | 5.74T |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 573.95B | 615.14B | 822.67B | 1.11T | 1.61T | 1.24T | 1.83T | 2.27T |
| Depreciation & amortization | 292.55B | 286.88B | 331.72B | 422.39B | 437.25B | 532.19B | 662.80B | 688.10B |
| Free cash flow | 251.27B | 145.39B | 301.19B | 262.72B | 520.97B | 286.57B | 861.20B | 992.38B |
| Dividends paid | -207.44B | -259.30B | -259.30B | -265.79B | -285.23B | -291.72B | -363.06B | -466.78B |
| Stock buybacks / issuance | -- | -- | 0 | 0 | -871.60M | 0 | -3.09B | 0 |
| Ending cash balance | 577.81B | 455.40B | 660.17B | 1.06T | 1.34T | 1.47T | 2.13T | 2.77T |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 625.57B | 497.06B | 426.83B | 725.51B | 698.98B | 783.36B |
| Depreciation & amortization | 175.14B | 188.06B | 162.79B | 162.11B | 165.45B | 198.54B |
| Free cash flow | 292.45B | 199.84B | 138.39B | 364.04B | 347.27B | 274.97B |
| Dividends paid | -103.72B | -116.70B | -116.70B | -129.66B | -129.66B | -155.60B |
| Stock buybacks / issuance | -- | -- | 0 | 0 | -- | -- |
| Ending cash balance | 2.39T | 2.36T | 2.47T | 2.77T | 3.04T | 3.13T |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE % | 23.02 | 21.62 | 29.62 | 29.74 | 39.31 | 26.90 | 30.19 | 35.37 |
| ROA % | 17.79 | 16.26 | 20.33 | 18.27 | 22.85 | 16.23 | 18.95 | 23.22 |
| ROIC % | 19.86 | 18.78 | 25.19 | 23.19 | 29.39 | 19.81 | 22.64 | 27.67 |
| 5-year avg ROE % | 25.59 | 24.43 | 24.89 | 25.64 | 28.66 | 29.44 | 31.15 | 32.30 |
| EBIT margin % | 38.84 | 36.74 | 43.82 | 42.11 | 51.05 | 45.86 | 48.94 | 53.92 |
| FCF / sales % | 24.36 | 13.59 | 22.49 | 16.55 | 23.01 | 13.26 | 29.75 | 26.05 |
| Current ratio | 2.67 | 1.37 | 1.73 | 2.12 | 2.08 | 2.33 | 2.36 | 2.51 |
| Quick ratio | 2.36 | 1.23 | 1.50 | 1.85 | 1.84 | 2.03 | 2.11 | 2.24 |
| Debt / assets | 10.87 | 11.80 | 20.05 | 35.06 | 30.59 | 27.88 | 24.67 | 19.88 |
| LT debt / equity | 3.43 | 2.49 | 15.08 | 29.51 | 29.93 | 27.61 | 23.26 | 17.32 |
| Interest coverage | 131.30 | 120.92 | 281.93 | 123.46 | 98.37 | 82.61 | 134.95 | 166.04 |
| Revenue CAGR (3Y) % | 6.93 | 4.12 | 11.07 | 15.46 | 28.38 | 17.30 | 22.17 | 18.94 |
| Net income CAGR (3Y) % | 6.23 | 2.19 | 13.97 | 17.73 | 41.03 | 18.59 | 25.05 | 19.58 |
| FCF CAGR (3Y) % | -2.14 | -11.07 | 6.49 | 1.50 | 53.03 | -1.65 | 48.55 | 23.96 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE % | 31.57 | 34.52 | 34.98 | 35.37 | 36.51 | 40.26 |
| ROA % | 20.04 | 22.25 | 23.25 | 23.22 | 24.17 | 27.06 |
| ROIC % | 23.86 | 26.42 | 29.62 | 27.67 | 28.96 | 32.57 |
| 5-year avg ROE % | -- | -- | -- | -- | -- | -- |
| EBIT margin % | 50.33 | 51.99 | 52.60 | 53.92 | 56.31 | 60.35 |
| FCF / sales % | 28.68 | 27.32 | 24.33 | 26.05 | 25.52 | 25.33 |
| Current ratio | 2.39 | 2.37 | 2.69 | 2.51 | 2.49 | 2.46 |
| Quick ratio | 2.15 | 2.12 | 2.44 | 2.24 | 2.23 | 2.17 |
| Debt / assets | 23.62 | 22.03 | 20.52 | 19.88 | 18.52 | 16.56 |
| LT debt / equity | 22.26 | 19.97 | 18.99 | 17.32 | 15.86 | 13.95 |
| Interest coverage | 150.91 | 153.41 | 161.18 | 166.04 | 186.22 | 227.02 |
| Revenue CAGR (3Y) % | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) % | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) % | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Foundry segment100.00%
Quote time 2026-09-04 19:59:54 · For reference only, not investment advice.