Tower Semiconductor (TSEM) Financials

$40.63 -0.13 (-0.32%)

Closing price 05/23/2025 04:00 PM Eastern

Extended Trading

$40.34 -0.29 (-0.71%)

As of 05/23/2025 06:08 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	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Net Income / (Loss) Attributable to Common Shareholders	208	518	265	150	82	90	136	298	204	-30	4.26
Consolidated Net Income / (Loss)	207	520	266	154	83	88	133	302	209	-29	-1.37
Net Income / (Loss) Continuing Operations	207	520	266	154	83	88	133	302	209	-29	-1.37
Total Pre-Tax Income	217	585	292	155	89	91	139	202	211	-41	-26
Total Operating Income	191	547	312	167	91	87	155	220	175	82	-104
Total Gross Profit	339	354	466	329	233	230	293	354	303	205	64
Total Revenue	1,436	1,423	1,678	1,508	1,266	1,234	1,304	1,387	1,250	961	828
Operating Revenue	1,436	1,423	1,678	1,508	1,266	1,234	1,304	1,387	1,250	961	828
Total Cost of Revenue	1,097	1,069	1,211	1,179	1,032	1,004	1,011	1,033	947	755	764
Operating Cost of Revenue	1,097	1,069	1,211	1,179	1,032	1,004	1,011	1,033	947	755	764
Total Operating Expenses	148	-194	155	163	142	143	138	134	128	123	167
Selling, General & Admin Expense	75	72	80	77	64	67	65	67	65	63	59
Research & Development Expense	79	80	84	85	78	76	73	68	63	62	52
Restructuring Charge	-6.27	20	11	0.00	0.00	-	-	-	-	0.00	1.23
Other Special Charges / (Income)	0.00	-52	-20	0.00	-	-	-	-	-	-	-
Total Other Income / (Expense), net	26	38	-20	-11	-2.35	4.31	-16	-18	35	-123	77
Interest Expense	-51	-31	13	13	-2.87	-0.01	13	15	-	13	33
Other Income / (Expense), net	-25	7.05	-6.93	1.46	-5.22	4.29	-2.44	-2.63	-15	-110	-56
Income Tax Expense	10	65	26	1.02	5.40	2.95	5.94	-100	1.43	-12	-25
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.64	1.04	1.90	4.06	0.99	-1.98	-2.20	3.65	5.24	0.52	-5.64
Basic Earnings per Share	$1.87	$4.70	$2.42	$1.39	$0.77	$0.85	$1.35	$3.08	$2.33	($0.40)	$0.08
Weighted Average Basic Shares Outstanding	111.15M	110.29M	109.35M	108.28M	107.25M	106.26M	100.40M	96.65M	87.48M	74.37M	51.80M
Diluted Earnings per Share	$1.85	$4.66	$2.39	$1.37	$0.76	$0.84	$1.32	$2.90	$2.09	$0.00	$0.07
Weighted Average Diluted Shares Outstanding	112.34M	111.22M	110.75M	109.80M	108.48M	107.44M	102.52M	105.95M	101.30M	0.00	63.18M
Weighted Average Basic & Diluted Shares Outstanding	111.55M	110.82M	109.95M	107.92M	107.92M	106.81M	104.98M	98.46M	92.98M	82.06M	58.03M

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

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

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

Related Companies

This page (NASDAQ:TSEM) was last updated on 5/24/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Tower Semiconductor (TSEM) Financials

Frequently Asked Questions About Tower Semiconductor's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Tower Semiconductor (TSEM) Financials

Annual Income Statements for Tower Semiconductor

Quarterly Income Statements for Tower Semiconductor

Annual Cash Flow Statements for Tower Semiconductor

Quarterly Cash Flow Statements for Tower Semiconductor

Annual Balance Sheets for Tower Semiconductor

Quarterly Balance Sheets for Tower Semiconductor

Annual Metrics And Ratios for Tower Semiconductor

Quarterly Metrics And Ratios for Tower Semiconductor

Frequently Asked Questions About Tower Semiconductor's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools