Tower Semiconductor (TSEM) Financials

$37.29 +0.87 (+2.39%)

Closing price 05/2/2025 04:00 PM Eastern

Extended Trading

$37.65 +0.36 (+0.95%)

As of 05/2/2025 07:57 PM Eastern

Annual Income Statements for Tower Semiconductor

This table shows Tower Semiconductor's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	4.26	-30	204	298	136	90	82	150	265	518	208
Consolidated Net Income / (Loss)	-1.37	-29	209	302	133	88	83	154	266	520	207
Net Income / (Loss) Continuing Operations	-1.37	-29	209	302	133	88	83	154	266	520	207
Total Pre-Tax Income	-26	-41	211	202	139	91	89	155	292	585	217
Total Operating Income	-104	82	175	220	155	87	91	167	312	547	191
Total Gross Profit	64	205	303	354	293	230	233	329	466	354	339
Total Revenue	828	961	1,250	1,387	1,304	1,234	1,266	1,508	1,678	1,423	1,436
Operating Revenue	828	961	1,250	1,387	1,304	1,234	1,266	1,508	1,678	1,423	1,436
Total Cost of Revenue	764	755	947	1,033	1,011	1,004	1,032	1,179	1,211	1,069	1,097
Operating Cost of Revenue	764	755	947	1,033	1,011	1,004	1,032	1,179	1,211	1,069	1,097
Total Operating Expenses	167	123	128	134	138	143	142	163	155	-194	148
Selling, General & Admin Expense	59	63	65	67	65	67	64	77	80	72	75
Research & Development Expense	52	62	63	68	73	76	78	85	84	80	79
Restructuring Charge	1.23	0.00	-	-	-	-	0.00	0.00	11	20	-6.27
Other Special Charges / (Income)	-	-	-	-	-	-	-	0.00	-20	-52	0.00
Total Other Income / (Expense), net	77	-123	35	-18	-16	4.31	-2.35	-11	-20	38	26
Interest Expense	33	13	-	15	13	-0.01	-2.87	13	13	-31	-51
Other Income / (Expense), net	-56	-110	-15	-2.63	-2.44	4.29	-5.22	1.46	-6.93	7.05	-25
Income Tax Expense	-25	-12	1.43	-100	5.94	2.95	5.40	1.02	26	65	10
Net Income / (Loss) Attributable to Noncontrolling Interest	-5.64	0.52	5.24	3.65	-2.20	-1.98	0.99	4.06	1.90	1.04	-0.64
Basic Earnings per Share	$0.08	($0.40)	$2.33	$3.08	$1.35	$0.85	$0.77	$1.39	$2.42	$4.70	$1.87
Weighted Average Basic Shares Outstanding	51.80M	74.37M	87.48M	96.65M	100.40M	106.26M	107.25M	108.28M	109.35M	110.29M	111.15M
Diluted Earnings per Share	$0.07	$0.00	$2.09	$2.90	$1.32	$0.84	$0.76	$1.37	$2.39	$4.66	$1.85
Weighted Average Diluted Shares Outstanding	63.18M	0.00	101.30M	105.95M	102.52M	107.44M	108.48M	109.80M	110.75M	111.22M	112.34M
Weighted Average Basic & Diluted Shares Outstanding	58.03M	82.06M	92.98M	98.46M	104.98M	106.81M	107.92M	107.92M	109.95M	110.82M	111.55M

No quarterly income statements for Tower Semiconductor are available.

This table details how cash moves in and out of Tower Semiconductor's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	74	-12	180	91	-61	-30	-144	-0.75	130	-80	11
Net Cash From Operating Activities	98	170	327	356	313	291	277	421	530	677	449
Net Cash From Continuing Operating Activities	98	170	327	356	313	291	277	421	530	677	449
Net Income / (Loss) Continuing Operations	-1.37	-29	209	302	133	88	83	154	266	520	207
Consolidated Net Income / (Loss)	-1.37	-29	209	302	133	88	83	154	266	520	207
Depreciation Expense	204	168	198	208	214	214	241	271	293	258	266
Non-Cash Adjustments To Reconcile Net Income	-148	79	-51	15	-7.35	6.00	12	-0.32	17	-8.68	25
Changes in Operating Assets and Liabilities, net	43	-48	-28	-170	-28	-17	-59	-3.17	-47	-92	-50
Net Cash From Investing Activities	17	-195	-227	-245	-328	-305	-364	-339	-329	-721	-400
Net Cash From Continuing Investing Activities	17	-195	-227	-245	-328	-305	-364	-339	-329	-721	-400
Purchase of Property, Plant & Equipment	-96	-172	-217	-188	-210	-191	-314	-314	-366	-445	-436
Acquisitions	-	0.00	0.00	0.00	-15	-0.41	-1.45	-1.79	-1.04	-0.61	-0.53
Purchase of Investments	-	-30	-17	-81	-144	-133	-106	-58	-117	-301	32
Sale of Property, Plant & Equipment	45	6.59	7.87	20	40	19	57	35	153	12	4.50
Other Investing Activities, net	9.92	0.00	0.00	2.92	0.00	0.00	0.00	0.00	2.57	12	0.06
Net Cash From Financing Activities	-32	14	73	-23	-48	-18	-61	-77	-67	-30	-32
Net Cash From Continuing Financing Activities	-32	14	73	-23	-48	-18	-61	-77	-67	-30	-32
Repayment of Debt	-137	-70	-132	-49	-142	0.00	-38	-138	-40	-18	-76
Issuance of Debt	95	71	169	0.00	99	0.00	0.00	96	0.00	24	82
Other Financing Activities, net	10	14	39	31	-4.84	-18	-23	-35	-27	-36	-38
Effect of Exchange Rate Changes	-8.97	-0.17	5.64	3.72	2.59	1.80	4.36	-6.25	-3.89	-5.40	-4.76
Cash Interest Paid	34	12	11	14	12	7.46	6.63	4.56	4.46	4.52	4.26
Cash Interest Received	-	-	1.01	3.87	8.82	14	11	5.59	12	30	54
Cash Income Taxes Paid	-1.56	3.47	3.49	18	5.77	13	-2.44	8.29	13	13	23

No quarterly cash flow statements for Tower Semiconductor are available.

This table presents Tower Semiconductor's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	884	965	1,380	1,674	1,790	1,933	2,094	2,231	2,548	2,919	3,080
Total Current Assets	394	447	698	874	988	1,088	1,103	1,196	1,495	1,709	1,760
Cash & Equivalents	187	176	355	446	385	356	212	211	341	261	272
Short-Term Investments	0.00	30	34	114	256	392	499	554	665	976	946
Accounts Receivable	105	110	141	150	153	127	162	142	153	154	212
Inventories, net	88	106	138	143	171	192	199	235	302	283	268
Other Current Assets	14	25	30	22	23	22	31	55	34	36	62
Plant, Property, & Equipment, net	419	460	617	635	657	682	839	877	962	1,156	1,287
Total Noncurrent Assets	71	59	65	164	145	162	152	158	90	53	34
Long-Term Investments	12	12	26	26	36	40	41	40	8.80	8.45	8.65
Goodwill	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00
Intangible Assets	42	34	28	20	13	10	11	12	7.03	5.12	3.20
Other Noncurrent Operating Assets	10	5.90	-	-	-	-	-	-	-	-	15
Total Liabilities & Shareholders' Equity	884	965	1,380	1,674	1,790	1,933	2,094	2,231	2,548	2,919	3,080
Total Liabilities	689	580	697	644	554	586	639	616	659	491	440
Total Current Liabilities	300	211	247	302	204	253	273	276	387	277	285
Short-Term Debt	120	33	48	106	11	66	107	84	62	59	48
Accounts Payable	99	92	99	115	104	119	97	79	151	139	131
Current Deferred Revenue	5.48	23	26	14	21	10	10	40	39	18	22
Current Employee Benefit Liabilities	60	45	50	51	51	50	52	58	59	51	65
Other Current Liabilities	17	18	24	16	17	7.30	7.91	16	76	9.29	19
Total Noncurrent Liabilities	388	369	450	342	350	333	366	340	272	215	155
Long-Term Debt	160	211	133	100	136	246	284	231	210	173	132
Capital Lease Obligations	-	-	-	-	-	-	-	0.00	-	0.00	0.00
Noncurrent Deferred Revenue	6.27	21	42	32	28	28	25	70	41	26	7.69
Noncurrent Employee Benefit Liabilities	17	14	14	15	14	13	16	15	7.71	6.10	4.99
Other Noncurrent Operating Liabilities	130	53	166	131	121	0.00	0.00	0.00	0.00	-	10
Total Equity & Noncontrolling Interests	196	397	690	1,036	1,236	1,347	1,455	1,615	1,889	2,427	2,640
Total Preferred & Common Equity	205	386	683	1,036	1,243	1,355	1,458	1,622	1,891	2,432	2,653
Total Common Equity	205	397	690	1,036	1,243	1,355	1,458	1,622	1,891	2,432	2,653
Common Stock	1,373	1,600	1,688	1,740	1,799	1,821	1,824	1,825	1,825	1,825	1,825
Retained Earnings	-1,244	-1,274	-1,071	-773	-637	-547	-465	-315	-51	468	675
Treasury Stock	-9.07	-9.07	-9.07	-9.07	-9.07	-9.07	-9.07	-9.07	-9.07	-9.07	-9.07
Accumulated Other Comprehensive Income / (Loss)	-26	-27	-28	-23	-23	-18	-17	-28	-48	-53	-74
Other Equity Adjustments	111	107	110	101	114	108	125	150	174	202	237
Noncontrolling Interest	-9.42	-12	-7.42	-6.35	-6.76	-7.82	-2.91	-6.62	-2.64	-5.46	-13

No quarterly balance sheets for Tower Semiconductor are available.

This table displays calculated financial ratios and metrics derived from Tower Semiconductor's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	63.96%	16.01%	30.09%	11.02%	-6.00%	-5.37%	2.57%	19.16%	11.24%	-15.20%	0.94%
EBITDA Growth	-33.82%	212.35%	155.88%	18.98%	-13.80%	-16.74%	6.83%	34.42%	36.18%	35.98%	-46.71%
EBIT Growth	-89.24%	82.26%	667.30%	35.65%	-29.79%	-40.32%	-5.70%	95.73%	81.42%	81.90%	-69.95%
NOPAT Growth	-87.16%	179.08%	203.46%	88.94%	-54.87%	-43.44%	1.89%	93.48%	71.97%	70.91%	-62.49%
Net Income Growth	98.73%	-2,022.96%	818.12%	44.22%	-55.78%	-33.97%	-5.43%	84.99%	72.95%	94.97%	-60.11%
EPS Growth	0.00%	-100.00%	0.00%	38.76%	-54.48%	-36.36%	-9.52%	80.26%	74.45%	94.98%	-60.30%
Operating Cash Flow Growth	131.30%	74.20%	92.28%	8.60%	-12.02%	-6.90%	-5.07%	52.33%	25.76%	27.70%	-33.68%
Free Cash Flow Firm Growth	-748.78%	60.71%	274.81%	-7.11%	-27.88%	-187.81%	-69.73%	197.13%	98.58%	-17.20%	-99.11%
Invested Capital Growth	85.34%	49.15%	8.93%	44.84%	8.68%	23.30%	25.54%	2.96%	1.80%	23.33%	12.76%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	7.70%	21.38%	24.26%	25.54%	22.46%	18.61%	18.43%	21.82%	27.80%	24.85%	23.64%
EBITDA Margin	5.41%	14.55%	28.63%	30.68%	28.14%	24.76%	25.78%	29.09%	35.61%	57.10%	30.14%
Operating Margin	-12.51%	8.53%	14.02%	15.85%	11.88%	7.03%	7.19%	11.04%	18.58%	38.47%	13.32%
EBIT Margin	-19.22%	-2.94%	12.81%	15.66%	11.69%	7.38%	6.78%	11.14%	18.17%	38.96%	11.60%
Profit (Net Income) Margin	-0.17%	-3.03%	16.74%	21.74%	10.23%	7.14%	6.58%	10.22%	15.88%	36.52%	14.43%
Tax Burden Percent	5.25%	70.35%	99.32%	149.51%	95.74%	96.76%	93.91%	99.34%	91.27%	88.83%	95.31%
Interest Burden Percent	16.41%	146.69%	131.52%	92.89%	91.35%	100.01%	103.34%	92.34%	95.81%	105.51%	130.51%
Effective Tax Rate	0.00%	0.00%	0.68%	-49.51%	4.26%	3.24%	6.09%	0.66%	8.73%	11.17%	4.69%
Return on Invested Capital (ROIC)	-34.09%	16.66%	40.41%	59.82%	21.87%	10.64%	8.70%	14.90%	25.04%	37.98%	12.12%
ROIC Less NNEP Spread (ROIC-NNEP)	126.59%	-164.51%	9.32%	68.43%	25.14%	9.81%	9.23%	17.57%	27.96%	34.18%	9.71%
Return on Net Nonoperating Assets (RNNOA)	33.27%	-26.48%	-1.94%	-24.86%	-10.13%	-3.82%	-2.76%	-4.87%	-9.83%	-13.90%	-3.95%
Return on Equity (ROE)	-0.81%	-9.83%	38.47%	34.95%	11.74%	6.82%	5.95%	10.04%	15.21%	24.08%	8.18%
Cash Return on Invested Capital (CROIC)	-93.90%	-22.80%	31.87%	23.19%	13.55%	-10.23%	-13.94%	11.99%	23.25%	17.09%	0.13%
Operating Return on Assets (OROA)	-20.01%	-3.05%	13.66%	14.23%	8.81%	4.89%	4.26%	7.77%	12.75%	20.28%	5.55%
Return on Assets (ROA)	-0.17%	-3.15%	17.84%	19.76%	7.70%	4.73%	4.14%	7.12%	11.15%	19.01%	6.91%
Return on Common Equity (ROCE)	-0.84%	-9.98%	38.47%	34.95%	11.77%	6.86%	5.97%	10.07%	15.25%	24.12%	8.21%
Return on Equity Simple (ROE_SIMPLE)	-0.67%	-7.55%	30.64%	29.12%	10.73%	6.50%	5.71%	9.50%	14.09%	21.36%	7.81%
Net Operating Profit after Tax (NOPAT)	-72	57	174	329	148	84	85	165	284	486	182
NOPAT Margin	-8.76%	5.97%	13.92%	23.69%	11.38%	6.80%	6.75%	10.97%	16.96%	34.17%	12.70%
Net Nonoperating Expense Percent (NNEP)	-160.68%	181.17%	31.09%	-8.62%	-3.27%	0.83%	-0.53%	-2.67%	-2.92%	3.80%	2.42%
Return On Investment Capital (ROIC_SIMPLE)	-15.25%	8.94%	19.97%	26.46%	10.72%	5.06%	4.63%	8.57%	13.16%	18.29%	6.46%
Cost of Revenue to Revenue	92.30%	78.62%	75.74%	74.46%	77.54%	81.39%	81.57%	78.18%	72.20%	75.15%	76.36%
SG&A Expenses to Revenue	7.10%	6.54%	5.24%	4.82%	4.98%	5.46%	5.05%	5.12%	4.79%	5.09%	5.22%
R&D to Revenue	6.26%	6.42%	5.05%	4.88%	5.60%	6.12%	6.19%	5.66%	5.00%	5.61%	5.53%
Operating Expenses to Revenue	20.21%	12.85%	10.24%	9.69%	10.58%	11.58%	11.24%	10.78%	9.22%	-13.62%	10.31%
Earnings before Interest and Taxes (EBIT)	-159	-28	160	217	153	91	86	168	305	554	167
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	45	140	358	426	367	305	326	439	597	812	433
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.11	2.05	2.26	3.06	1.17	1.86	1.89	2.64	2.47	1.38	2.15
Price to Tangible Book Value (P/TBV)	4.09	2.29	2.38	3.14	1.19	1.89	1.92	2.67	2.48	1.39	2.16
Price to Revenue (P/Rev)	0.77	0.85	1.25	2.28	1.11	2.05	2.18	2.84	2.78	2.36	3.98
Price to Earnings (P/E)	149.68	0.00	7.66	10.63	10.70	28.05	33.51	28.55	17.62	6.47	27.46
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.67%	0.00%	13.06%	9.40%	9.34%	3.57%	2.98%	3.50%	5.67%	15.45%	3.64%
Enterprise Value to Invested Capital (EV/IC)	2.57	2.02	2.94	4.28	1.29	2.34	2.19	3.36	3.42	1.65	2.92
Enterprise Value to Revenue (EV/Rev)	0.86	0.86	1.06	2.01	0.70	1.66	1.89	2.51	2.34	1.64	3.24
Enterprise Value to EBITDA (EV/EBITDA)	15.85	5.94	3.69	6.54	2.49	6.69	7.33	8.63	6.56	2.88	10.74
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	8.25	12.81	6.00	22.44	27.89	22.54	12.85	4.22	27.91
Enterprise Value to NOPAT (EV/NOPAT)	0.00	14.49	7.59	8.47	6.17	24.34	28.00	22.89	13.77	4.81	25.50
Enterprise Value to Operating Cash Flow (EV/OCF)	7.26	4.88	4.03	7.83	2.92	7.01	8.65	8.99	7.39	3.45	10.36
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	9.63	21.84	9.96	0.00	0.00	28.46	14.83	10.68	2,397.05
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.43	0.61	0.26	0.20	0.12	0.23	0.27	0.19	0.14	0.10	0.07
Long-Term Debt to Equity	0.82	0.53	0.19	0.10	0.11	0.18	0.20	0.14	0.11	0.07	0.05
Financial Leverage	0.26	0.16	-0.21	-0.36	-0.40	-0.39	-0.30	-0.28	-0.35	-0.41	-0.41
Leverage Ratio	4.72	3.12	2.16	1.77	1.52	1.44	1.44	1.41	1.36	1.27	1.18
Compound Leverage Factor	0.77	4.58	2.84	1.64	1.39	1.44	1.49	1.30	1.31	1.34	1.55
Debt to Total Capital	58.86%	38.03%	20.80%	16.61%	10.65%	18.80%	21.15%	16.31%	12.60%	8.71%	6.41%
Short-Term Debt to Total Capital	25.25%	5.19%	5.52%	8.53%	0.78%	3.98%	5.77%	4.35%	2.88%	2.22%	1.71%
Long-Term Debt to Total Capital	33.61%	32.84%	15.28%	8.08%	9.87%	14.82%	15.38%	11.97%	9.72%	6.49%	4.69%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	-1.98%	-1.83%	-0.85%	-0.51%	-0.49%	-0.47%	-0.16%	-0.34%	-0.12%	-0.21%	-0.47%
Common Equity to Total Capital	43.12%	61.97%	79.20%	83.39%	89.84%	81.67%	79.01%	84.03%	87.52%	91.50%	94.06%
Debt to EBITDA	6.25	1.74	0.51	0.48	0.40	1.02	1.20	0.72	0.46	0.29	0.42
Net Debt to EBITDA	1.80	0.19	-0.65	-0.89	-1.44	-1.56	-1.11	-1.12	-1.24	-1.25	-2.42
Long-Term Debt to EBITDA	3.57	1.51	0.37	0.24	0.37	0.80	0.87	0.53	0.35	0.21	0.31
Debt to NOPAT	-3.86	4.25	1.04	0.63	0.99	3.72	4.57	1.90	0.96	0.48	0.99
Net Debt to NOPAT	-1.11	0.46	-1.34	-1.15	-3.57	-5.67	-4.23	-2.96	-2.61	-2.08	-5.74
Long-Term Debt to NOPAT	-2.20	3.67	0.77	0.31	0.92	2.93	3.32	1.40	0.74	0.36	0.73
Altman Z-Score	-0.94	0.19	1.94	3.97	2.61	3.50	3.49	5.39	5.79	6.02	9.31
Noncontrolling Interest Sharing Ratio	-2.80%	-1.59%	0.00%	0.00%	-0.30%	-0.56%	-0.38%	-0.31%	-0.26%	-0.19%	-0.37%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.31	2.12	2.82	2.89	4.85	4.30	4.04	4.33	3.86	6.17	6.18
Quick Ratio	0.97	1.50	2.15	2.35	3.90	3.45	3.20	3.28	2.99	5.02	5.02
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-200	-78	137	127	92	-81	-137	133	264	219	1.94
Operating Cash Flow to CapEx	194.72%	102.91%	156.22%	212.14%	184.34%	169.21%	107.80%	150.86%	248.12%	156.54%	103.95%
Free Cash Flow to Firm to Interest Expense	-5.98	-5.95	0.00	8.25	6.97	0.00	0.00	10.33	20.69	0.00	0.00
Operating Cash Flow to Interest Expense	2.93	12.92	0.00	23.02	23.73	0.00	0.00	32.73	41.50	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	1.42	0.37	0.00	12.17	10.86	0.00	0.00	11.03	24.77	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.04	1.04	1.07	0.91	0.75	0.66	0.63	0.70	0.70	0.52	0.48
Accounts Receivable Turnover	8.44	8.94	9.95	9.54	8.61	8.80	8.76	9.91	11.37	9.27	7.85
Inventory Turnover	10.01	7.80	7.78	7.36	6.44	5.53	5.28	5.44	4.51	3.66	3.98
Fixed Asset Turnover	2.15	2.19	2.32	2.22	2.02	1.84	1.66	1.76	1.82	1.34	1.18
Accounts Payable Turnover	9.26	7.93	9.91	9.63	9.21	8.99	9.55	13.42	10.55	7.37	8.13
Days Sales Outstanding (DSO)	43.24	40.85	36.67	38.24	42.42	41.47	41.68	36.83	32.11	39.38	46.51
Days Inventory Outstanding (DIO)	36.46	46.77	46.89	49.62	56.69	65.97	69.19	67.12	80.85	99.82	91.69
Days Payable Outstanding (DPO)	39.40	46.01	36.83	37.91	39.65	40.62	38.21	27.19	34.60	49.51	44.89
Cash Conversion Cycle (CCC)	40.30	41.61	46.73	49.95	59.46	66.82	72.66	76.76	78.36	89.69	93.31
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	276	412	449	650	707	871	1,094	1,126	1,146	1,414	1,594
Invested Capital Turnover	3.89	2.79	2.90	2.52	1.92	1.56	1.29	1.36	1.48	1.11	0.95
Increase / (Decrease) in Invested Capital	127	136	37	201	56	165	222	32	20	267	180
Enterprise Value (EV)	709	831	1,320	2,783	915	2,042	2,394	3,786	3,917	2,337	4,649
Market Capitalization	638	816	1,562	3,169	1,451	2,526	2,758	4,282	4,662	3,356	5,709
Book Value per Share	$4.28	$6.85	$8.41	$11.14	$12.62	$12.90	$13.65	$15.03	$17.52	$22.12	$23.94
Tangible Book Value per Share	$3.26	$6.13	$7.98	$10.85	$12.42	$12.74	$13.48	$14.85	$17.39	$22.01	$23.85
Total Capital	475	641	871	1,242	1,384	1,658	1,845	1,930	2,161	2,659	2,821
Total Debt	280	244	181	206	147	312	390	315	272	232	181
Total Long-Term Debt	160	211	133	100	136	246	284	231	210	173	132
Net Debt	81	26	-234	-380	-530	-476	-361	-489	-742	-1,013	-1,046
Capital Expenditures (CapEx)	50	165	210	168	170	172	257	279	214	432	432
Debt-free, Cash-free Net Working Capital (DFCFNWC)	27	63	110	118	154	154	226	239	164	255	305
Debt-free Net Working Capital (DFNWC)	214	269	499	678	795	901	937	1,004	1,170	1,491	1,524
Net Working Capital (NWC)	94	236	451	572	784	835	830	920	1,108	1,432	1,475
Net Nonoperating Expense (NNE)	-71	86	-35	27	15	-4.17	2.20	11	18	-33	-25
Net Nonoperating Obligations (NNO)	81	15	-241	-386	-530	-476	-361	-489	-742	-1,013	-1,046
Total Depreciation and Amortization (D&A)	204	168	198	208	214	214	241	271	293	258	266
Debt-free, Cash-free Net Working Capital to Revenue	3.21%	6.59%	8.77%	8.51%	11.81%	12.49%	17.83%	15.85%	9.79%	17.91%	21.26%
Debt-free Net Working Capital to Revenue	25.82%	27.99%	39.93%	48.87%	60.97%	73.04%	73.99%	66.55%	69.75%	104.82%	106.09%
Net Working Capital to Revenue	11.32%	24.53%	36.08%	41.23%	60.14%	67.70%	65.58%	60.99%	66.03%	100.68%	102.72%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.08	($0.40)	$2.33	$3.08	$1.35	$0.85	$0.77	$1.39	$2.42	$4.70	$1.87
Adjusted Weighted Average Basic Shares Outstanding	51.80M	74.37M	87.48M	96.65M	100.40M	106.26M	107.25M	108.28M	109.35M	110.29M	111.15M
Adjusted Diluted Earnings per Share	$0.07	$0.00	$2.09	$2.90	$1.32	$0.84	$0.76	$1.37	$2.39	$4.66	$1.85
Adjusted Weighted Average Diluted Shares Outstanding	63.18M	82.06M	101.30M	105.95M	102.52M	107.44M	108.48M	109.80M	110.75M	111.22M	112.34M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	58.03M	82.06M	92.98M	98.46M	104.98M	106.81M	107.92M	107.92M	109.95M	110.82M	111.55M
Normalized Net Operating Profit after Tax (NOPAT)	-33	57	173	154	148	84	85	165	276	457	176
Normalized NOPAT Margin	-3.96%	5.90%	13.87%	11.09%	11.38%	6.80%	6.75%	10.97%	16.44%	32.14%	12.28%
Pre Tax Income Margin	-3.15%	-4.31%	16.85%	14.54%	10.68%	7.38%	7.01%	10.28%	17.40%	41.11%	15.14%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-4.76	-2.14	0.00	14.06	11.57	0.00	0.00	13.05	23.87	0.00	0.00
NOPAT to Interest Expense	-2.17	4.35	0.00	21.28	11.25	0.00	0.00	12.85	22.28	0.00	0.00
EBIT Less CapEx to Interest Expense	-6.27	-14.70	0.00	3.21	-1.31	0.00	0.00	-8.65	7.14	0.00	0.00
NOPAT Less CapEx to Interest Expense	-3.67	-8.21	0.00	10.43	-1.62	0.00	0.00	-8.84	5.55	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	-5.39%	1.23%	1.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	-5.39%	1.23%	1.45%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

No quarterly metrics and ratios for Tower Semiconductor are available.

Frequently Asked Questions About Tower Semiconductor's Financials

When does Tower Semiconductor's financial year end?

According to the most recent income statement we have on file, Tower Semiconductor's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Tower Semiconductor's net income changed over the last 10 years?

Tower Semiconductor's net income appears to be on an upward trend, with a most recent value of $207.22 million in 2024, falling from -$1.37 million in 2014. The previous period was $519.53 million in 2023. Find out what analysts predict for Tower Semiconductor in the coming months.

What is Tower Semiconductor's operating income?

Tower Semiconductor's total operating income in 2024 was $191.31 million, based on the following breakdown:

Total Gross Profit: $339.44 million
Total Operating Expenses: $148.13 million

How has Tower Semiconductor revenue changed over the last 10 years?

Over the last 10 years, Tower Semiconductor's total revenue changed from $828.01 million in 2014 to $1.44 billion in 2024, a change of 73.4%.

How much debt does Tower Semiconductor have?

Tower Semiconductor's total liabilities were at $440.31 million at the end of 2024, a 10.4% decrease from 2023, and a 36.1% decrease since 2014.

How much cash does Tower Semiconductor have?

In the past 10 years, Tower Semiconductor's cash and equivalents has ranged from $175.58 million in 2015 to $445.96 million in 2017, and is currently $271.89 million as of their latest financial filing in 2024.

How has Tower Semiconductor's book value per share changed over the last 10 years?

Over the last 10 years, Tower Semiconductor's book value per share changed from 4.28 in 2014 to 23.94 in 2024, a change of 459.1%.

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This page (NASDAQ:TSEM) was last updated on 5/3/2025 by MarketBeat.com Staff

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Tower Semiconductor (TSEM) Financials

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Tower Semiconductor (TSEM) Financials

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