Taiwan Semiconductor Manufacturing (TSM) Financials

$172.36 -4.04 (-2.29%)

Closing price 05/6/2025 03:59 PM Eastern

Extended Trading

$174.81 +2.45 (+1.42%)

As of 08:00 AM Eastern

Annual Income Statements for Taiwan Semiconductor Manufacturing

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

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	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	9,236	10,238	11,640	11,861	11,834	18,189	21,354	32,311	27,816	35,301
Consolidated Net Income / (Loss)	9,236	10,241	11,641	11,862	11,836	18,198	21,373	32,323	27,793	35,301
Net Income / (Loss) Continuing Operations	9,236	10,241	11,641	11,862	11,836	18,198	21,373	32,323	27,793	35,301
Total Pre-Tax Income	10,689	11,911	13,366	12,987	13,035	20,824	23,902	37,230	31,983	42,874
Total Operating Income	9,761	11,665	13,008	12,533	12,461	20,185	23,431	36,488	30,094	39,896
Total Gross Profit	12,516	14,655	16,695	16,265	16,473	25,325	29,544	43,877	38,377	49,116
Total Revenue	25,724	29,257	32,977	33,697	35,774	47,694	57,225	73,670	70,599	88,012
Operating Revenue	25,724	29,257	32,977	33,697	35,774	47,694	57,225	73,670	70,599	88,268
Other Revenue	-	-	-	-	-	-	-	-	-	-256
Total Cost of Revenue	13,209	14,601	16,283	17,429	19,301	22,369	27,681	29,793	32,222	38,897
Operating Cost of Revenue	13,209	14,601	16,283	17,429	19,301	22,369	27,681	29,793	32,222	38,897
Total Operating Expenses	2,755	2,990	3,686	3,732	4,012	5,141	6,108	7,346	8,286	9,219
Selling, General & Admin Expense	526	611	715	662	727	1,013	1,331	1,742	1,988	2,554
Marketing Expense	173	182	202	196	212	253	272	323	346	401
Research & Development Expense	1,999	2,198	2,724	2,806	3,056	3,899	4,497	5,313	5,956	6,227
Other Operating Expenses / (Income)	57	-0.92	46	69	17	-25	7.27	-31	-3.72	38
Total Other Income / (Expense), net	928	246	358	455	574	640	471	742	1,889	2,982
Interest & Investment Income	-	-	-	480	541	321	206	730	1,969	2,660
Other Income / (Expense), net	1,025	348	470	74	141	393	460	394	312	322
Income Tax Expense	1,453	1,671	1,725	1,125	1,198	2,626	2,529	4,907	4,190	7,573
Weighted Average Basic Shares Outstanding	-	-	25.93B	25.93B	25.93B	25.93B	25.93B	25.93B	25.93B	25.93B
Diluted Earnings per Share	$58.40	$63.96	$66.52	$70.01	$68.25	$98.48	$114.22	$191.46	$5.36	$1.36
Weighted Average Diluted Shares Outstanding	-	-	25.93B	25.93B	25.93B	25.93B	25.93B	25.93B	25.93B	25.93B
Weighted Average Basic & Diluted Shares Outstanding	-	-	25.93B	25.93B	25.93B	25.93B	25.93B	25.93B	25.93B	25.93B

No quarterly income statements for Taiwan Semiconductor Manufacturing are available.

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

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	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	6,226	-662	410	798	-4,093	7,292	14,593	9,041	4,004	20,195
Net Cash From Operating Activities	16,160	16,662	19,748	18,751	20,566	29,297	40,092	52,411	40,561	55,693
Net Cash From Continuing Operating Activities	16,173	16,662	19,711	18,751	20,567	29,297	40,092	52,411	40,561	55,693
Net Income / (Loss) Continuing Operations	10,689	11,911	13,366	12,987	13,035	20,824	23,902	37,230	31,983	42,874
Consolidated Net Income / (Loss)	10,689	11,911	13,366	12,987	13,035	20,824	23,902	37,230	31,983	42,874
Depreciation Expense	6,688	6,793	8,630	9,413	9,409	11,558	14,931	13,944	17,078	19,933
Amortization Expense	98	116	147	144	183	256	296	285	302	280
Non-Cash Adjustments To Reconcile Net Income	-761	-275	-586	-297	-681	-503	-802	-217	-1,724	-2,201
Changes in Operating Assets and Liabilities, net	-540	-1,883	-1,810	-3,497	-1,378	-2,838	1,765	1,170	-7,078	-5,193
Net Cash From Investing Activities	-6,625	-12,205	-11,342	-10,267	-15,339	-18,012	-30,150	-38,755	-29,592	-26,375
Net Cash From Continuing Investing Activities	-6,625	-12,252	-11,342	-10,267	-15,339	-18,050	-30,150	-38,755	-29,592	-28,553
Purchase of Property, Plant & Equipment	-7,984	-10,256	-11,332	-10,542	-15,706	-18,404	-30,578	-35,458	-31,200	-29,426
Purchase of Investments	-487	-2,587	-3,503	-	-	-	-9,362	-7,739	-7,390	-7,338
Sale of Property, Plant & Equipment	537	304	618	5.95	9.61	22	14	32	23	29
Sale and/or Maturity of Investments	1,297	264	2,816	3,508	8,898	9,991	9,826	4,178	7,506	8,121
Other Investing Activities, net	-4.59	23	60	-3.91	85	-153	-51	232	1,468	60
Net Cash From Financing Activities	-3,560	-4,870	-7,277	-8,008	-9,015	-3,156	4,925	-6,516	-6,692	-10,561
Net Cash From Continuing Financing Activities	-3,560	-4,870	-7,277	-8,008	-9,015	-3,156	4,925	-6,516	-7,603	-9,753
Repayment of Debt	-96	-102	-119	-106	-120	-331	-138	-403	-624	-642
Repurchase of Common Equity	0.00	-724	-1,285	-1,896	-1,167	-1,132	-94	-143	-591	-213
Payment of Dividends	-3,559	-4,802	-6,124	-6,777	-8,669	-9,234	-9,581	-9,282	-9,527	-11,072
Issuance of Debt	96	585	351	782	1,063	-787	1,340	-3,556	80	942
Issuance of Common Equity	-	-	-	0.00	0.00	8,430	13,143	6,453	2,799	1,046
Other Financing Activities, net	-1.01	173	-100	-11	-122	-102	254	416	261	186
Effect of Exchange Rate Changes	252	-248	-719	322	-305	-837	-273	1,900	-272	1,438

No quarterly cash flow statements for Taiwan Semiconductor Manufacturing are available.

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

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	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	58,219	67,197	68,279	75,718	98,312	134,294	161,551	180,673	204,079
Total Current Assets	25,239	28,920	31,090	27,503	38,895	57,933	66,804	71,654	94,186
Cash & Equivalents	16,705	18,670	18,877	15,226	23,510	38,392	43,697	47,859	64,886
Short-Term Investments	712	3,238	3,834	4,281	4,676	4,451	7,116	7,257	8,978
Accounts Receivable	3,995	4,133	4,223	4,675	5,203	7,151	7,530	6,597	8,298
Inventories, net	1,503	2,493	3,372	2,774	4,892	6,961	7,197	8,197	8,779
Other Current Assets	2,197	142	177	178	235	379	419	856	1,319
Other Current Nonoperating Assets	127	245	608	369	380	600	845	887	1,926
Plant, Property, & Equipment, net	30,796	35,848	35,023	45,215	55,398	71,201	87,661	100,081	98,658
Plant, Property & Equipment, gross	30,796	35,848	35,023	45,215	55,398	71,201	87,661	100,081	98,658
Total Noncurrent Assets	2,185	2,429	2,166	3,000	4,018	5,159	7,085	8,500	10,773
Long-Term Investments	1,420	1,398	954	1,006	984	1,052	2,233	3,783	4,076
Intangible Assets	451	478	555	691	918	967	846	744	802
Noncurrent Deferred & Refundable Income Taxes	255	408	549	599	924	1,772	2,251	2,096	2,011
Other Noncurrent Operating Assets	59	144	107	704	1,192	1,368	1,755	1,877	3,883
Total Liabilities & Shareholders' Equity	58,219	67,197	68,279	75,718	98,312	134,294	161,551	180,673	204,079
Total Liabilities	16,248	16,778	14,013	21,743	32,936	56,727	66,600	67,875	73,574
Total Current Liabilities	10,750	13,053	11,658	20,005	22,504	27,338	32,104	30,790	39,910
Short-Term Debt	1,789	2,151	2,900	3,963	3,154	4,307	629	304	1,825
Accounts Payable	2,754	2,839	2,487	6,004	7,008	7,010	8,787	7,420	8,095
Accrued Expenses	1,135	2,214	2,024	1,918	3,126	5,850	9,540	10,581	13,759
Dividends Payable	-	-	0.00	4,335	4,617	5,141	4,641	5,505	6,722
Current Deferred & Payable Income Tax Liabilities	2,171	2,080	1,806	1,340	2,445	2,830	5,309	4,185	5,842
Current Employee Benefit Liabilities	1,129	1,271	1,256	1,335	1,985	2,175	3,195	2,741	3,608
Other Current Liabilities	596	527	1,185	48	75	25	3.78	55	58
Total Noncurrent Liabilities	5,499	3,725	2,355	1,738	10,432	29,390	34,496	37,084	33,664
Long-Term Debt	4,725	3,097	1,859	839	9,119	22,112	27,305	29,990	29,229
Capital Lease Obligations	-	-	0.00	503	732	749	969	937	877
Noncurrent Deferred & Payable Income Tax Liabilities	4.36	10	7.62	12	62	68	34	1.76	122
Noncurrent Employee Benefit Liabilities	264	299	315	307	424	398	303	302	231
Other Noncurrent Operating Liabilities	505	319	173	77	95	6,064	5,885	5,854	3,205
Total Equity & Noncontrolling Interests	41,971	50,420	54,267	53,975	65,376	77,566	94,951	112,798	130,505
Total Preferred & Common Equity	41,946	50,396	54,245	53,952	65,342	77,479	94,469	112,003	129,438
Total Common Equity	41,946	50,396	54,245	53,952	65,342	77,479	94,469	112,003	129,438
Common Stock	9,740	10,648	10,311	10,553	11,241	11,682	10,694	10,751	10,143
Retained Earnings	32,155	40,656	44,438	44,321	56,048	68,053	84,442	102,176	118,114
Other Equity Adjustments	51	-908	-505	-922	-1,947	-2,257	-667	-925	1,180
Noncontrolling Interest	25	24	22	23	34	87	482	795	1,068

No quarterly balance sheets for Taiwan Semiconductor Manufacturing are available.

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

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	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	0.00%	13.73%	12.71%	2.18%	6.16%	33.32%	19.98%	28.74%	-4.17%	24.27%
EBITDA Growth	0.00%	7.68%	17.62%	-0.41%	0.13%	45.95%	20.77%	30.66%	-6.51%	27.56%
EBIT Growth	0.00%	11.38%	12.19%	-6.46%	-0.04%	63.29%	16.10%	54.38%	-17.56%	34.09%
NOPAT Growth	0.00%	18.92%	12.96%	1.04%	-1.15%	55.89%	18.78%	51.20%	-17.45%	25.73%
Net Income Growth	0.00%	10.88%	13.67%	1.90%	-0.22%	53.75%	17.44%	51.24%	-14.01%	27.01%
EPS Growth	0.00%	9.52%	4.00%	5.25%	-2.51%	44.29%	15.98%	67.62%	-97.20%	26.99%
Operating Cash Flow Growth	0.00%	3.11%	18.52%	-5.05%	9.68%	42.45%	36.85%	30.73%	-22.61%	37.31%
Free Cash Flow Firm Growth	0.00%	0.00%	138.41%	35.82%	-78.93%	247.36%	15.44%	146.44%	-49.03%	191.78%
Invested Capital Growth	0.00%	0.00%	11.04%	1.95%	26.02%	22.25%	22.11%	14.11%	19.71%	-0.54%
Revenue Q/Q Growth	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%
EBIT Q/Q Growth	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%
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%
EPS Q/Q Growth	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%
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%
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%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	48.65%	50.09%	50.62%	48.27%	46.05%	53.10%	51.63%	59.56%	54.36%	55.81%
EBITDA Margin	68.31%	64.67%	67.49%	65.77%	62.04%	67.91%	68.36%	69.38%	67.69%	68.66%
Operating Margin	37.94%	39.87%	39.45%	37.19%	34.83%	42.32%	40.95%	49.53%	42.63%	45.33%
EBIT Margin	41.93%	41.06%	40.87%	37.41%	35.23%	43.14%	41.75%	50.06%	43.07%	45.70%
Profit (Net Income) Margin	35.90%	35.00%	35.30%	35.20%	33.09%	38.16%	37.35%	43.88%	39.37%	40.11%
Tax Burden Percent	86.41%	85.98%	87.10%	91.34%	90.81%	87.39%	89.42%	86.82%	86.90%	82.34%
Interest Burden Percent	99.10%	99.15%	99.17%	103.02%	103.43%	101.20%	100.04%	100.94%	105.19%	106.60%
Effective Tax Rate	13.59%	14.02%	12.90%	8.66%	9.19%	12.61%	10.58%	13.18%	13.10%	17.66%
Return on Invested Capital (ROIC)	0.00%	65.34%	34.97%	33.26%	28.81%	36.24%	35.24%	45.26%	31.91%	36.88%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	61.59%	32.72%	30.94%	25.30%	31.17%	31.73%	41.30%	24.42%	29.36%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-16.54%	-9.78%	-10.59%	-6.94%	-5.75%	-5.33%	-7.79%	-5.15%	-7.86%
Return on Equity (ROE)	0.00%	48.80%	25.20%	22.66%	21.87%	30.50%	29.90%	37.47%	26.76%	29.02%
Cash Return on Invested Capital (CROIC)	0.00%	-134.66%	24.51%	31.33%	5.79%	16.22%	15.33%	32.08%	13.97%	37.42%
Operating Return on Assets (OROA)	0.00%	20.63%	21.49%	18.61%	17.50%	23.65%	20.54%	24.93%	17.77%	20.91%
Return on Assets (ROA)	0.00%	17.59%	18.56%	17.51%	16.44%	20.91%	18.38%	21.85%	16.24%	18.35%
Return on Common Equity (ROCE)	0.00%	48.77%	25.19%	22.65%	21.86%	30.48%	29.88%	37.35%	26.59%	28.80%
Return on Equity Simple (ROE_SIMPLE)	0.00%	24.41%	23.10%	21.87%	21.94%	27.85%	27.59%	34.22%	24.81%	27.27%
Net Operating Profit after Tax (NOPAT)	8,434	10,029	11,329	11,447	11,315	17,639	20,952	31,679	26,151	32,849
NOPAT Margin	32.78%	34.28%	34.36%	33.97%	31.63%	36.98%	36.61%	43.00%	37.04%	37.32%
Net Nonoperating Expense Percent (NNEP)	0.00%	3.75%	2.26%	2.32%	3.51%	5.08%	3.50%	3.96%	7.49%	7.52%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-	20.22%
Cost of Revenue to Revenue	51.35%	49.91%	49.38%	51.72%	53.95%	46.90%	48.37%	40.44%	45.64%	44.19%
SG&A Expenses to Revenue	2.05%	2.09%	2.17%	1.96%	2.03%	2.12%	2.33%	2.36%	2.82%	2.90%
R&D to Revenue	7.77%	7.51%	8.26%	8.33%	8.54%	8.18%	7.86%	7.21%	8.44%	7.08%
Operating Expenses to Revenue	10.71%	10.22%	11.18%	11.08%	11.22%	10.78%	10.67%	9.97%	11.74%	10.48%
Earnings before Interest and Taxes (EBIT)	10,786	12,013	13,478	12,607	12,602	20,577	23,891	36,883	30,406	40,219
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	17,572	18,921	22,255	22,164	22,194	32,391	39,118	51,111	47,786	60,432
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	3.06	5.07	8.06	7.62	3.95	4.74	7.88
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	3.09	5.13	8.18	7.72	3.99	4.78	7.93
Price to Revenue (P/Rev)	0.00	0.00	0.00	4.92	7.64	11.05	10.32	5.07	7.53	11.59
Price to Earnings (P/E)	0.00	0.00	0.00	13.98	23.11	28.97	27.66	11.56	19.10	28.90
Dividend Yield	6.88%	4.03%	3.47%	4.10%	3.85%	1.69%	1.65%	2.53%	1.79%	1.46%
Earnings Yield	0.00%	0.00%	0.00%	7.15%	4.33%	3.45%	3.62%	8.65%	5.23%	3.46%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	4.23	5.90	9.54	8.78	4.69	5.65	10.98
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	4.36	7.22	10.71	10.03	4.75	7.15	11.08
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	6.63	11.64	15.77	14.67	6.84	10.56	16.14
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	11.65	20.49	24.82	24.02	9.48	16.59	24.25
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	12.83	22.82	28.96	27.39	11.04	19.29	29.69
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	7.84	12.56	17.44	14.32	6.67	12.44	17.51
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	13.62	113.65	64.71	62.99	15.57	44.08	29.26
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.16	0.10	0.09	0.10	0.20	0.35	0.30	0.28	0.24
Long-Term Debt to Equity	0.00	0.11	0.06	0.03	0.02	0.15	0.29	0.30	0.27	0.23
Financial Leverage	0.00	-0.27	-0.30	-0.34	-0.27	-0.18	-0.17	-0.19	-0.21	-0.27
Leverage Ratio	0.00	1.39	1.36	1.29	1.33	1.46	1.63	1.71	1.65	1.58
Compound Leverage Factor	0.00	1.38	1.35	1.33	1.38	1.48	1.63	1.73	1.73	1.69
Debt to Total Capital	0.00%	13.44%	9.43%	8.06%	8.95%	16.59%	25.94%	23.34%	21.68%	19.66%
Short-Term Debt to Total Capital	0.00%	3.69%	3.86%	4.91%	6.68%	4.02%	4.11%	0.51%	0.21%	1.12%
Long-Term Debt to Total Capital	0.00%	9.75%	5.56%	3.15%	2.26%	12.57%	21.83%	22.83%	21.47%	18.53%
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%
Noncontrolling Interests to Total Capital	0.00%	0.05%	0.04%	0.04%	0.04%	0.04%	0.08%	0.39%	0.55%	0.66%
Common Equity to Total Capital	0.00%	86.51%	90.53%	91.90%	91.01%	83.36%	73.98%	76.27%	77.76%	79.68%
Debt to EBITDA	0.00	0.34	0.24	0.21	0.24	0.40	0.69	0.57	0.65	0.53
Net Debt to EBITDA	0.00	-0.65	-0.81	-0.85	-0.69	-0.50	-0.43	-0.47	-0.58	-0.76
Long-Term Debt to EBITDA	0.00	0.25	0.14	0.08	0.06	0.30	0.58	0.55	0.65	0.50
Debt to NOPAT	0.00	0.65	0.46	0.42	0.47	0.74	1.30	0.91	1.19	0.97
Net Debt to NOPAT	0.00	-1.23	-1.59	-1.65	-1.34	-0.92	-0.80	-0.76	-1.06	-1.40
Long-Term Debt to NOPAT	0.00	0.47	0.27	0.16	0.12	0.56	1.09	0.89	1.18	0.92
Altman Z-Score	0.00	0.00	0.00	9.45	9.51	11.77	8.24	5.56	6.71	10.53
Noncontrolling Interest Sharing Ratio	0.00%	0.06%	0.05%	0.04%	0.04%	0.05%	0.08%	0.33%	0.61%	0.77%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	2.35	2.22	2.67	1.37	1.73	2.12	2.08	2.33	2.36
Quick Ratio	0.00	1.99	2.00	2.31	1.21	1.48	1.83	1.82	2.00	2.06
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-20,669	7,939	10,783	2,272	7,893	9,112	22,457	11,447	33,328
Operating Cash Flow to CapEx	217.00%	167.42%	184.30%	177.97%	131.03%	159.38%	131.17%	147.95%	130.10%	189.45%
Free Cash Flow to Firm to Interest Expense	0.00	-202.55	70.66	108.18	20.91	106.49	46.69	58.73	29.21	0.00
Operating Cash Flow to Interest Expense	166.09	163.28	175.76	188.11	189.22	395.23	205.42	137.07	103.50	0.00
Operating Cash Flow Less CapEx to Interest Expense	89.55	65.75	80.39	82.41	44.81	147.25	48.82	44.42	23.95	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.50	0.53	0.50	0.50	0.55	0.49	0.50	0.41	0.46
Accounts Receivable Turnover	0.00	7.32	8.11	8.07	8.04	9.66	9.26	10.04	9.99	11.82
Inventory Turnover	0.00	9.72	8.15	5.94	6.28	5.84	4.67	4.21	4.19	4.58
Fixed Asset Turnover	0.00	0.95	0.99	0.95	0.89	0.95	0.90	0.93	0.75	0.89
Accounts Payable Turnover	0.00	5.30	5.82	6.55	4.55	3.44	3.95	3.77	3.98	5.01
Days Sales Outstanding (DSO)	0.00	49.84	44.98	45.25	45.39	37.80	39.40	36.37	36.52	30.89
Days Inventory Outstanding (DIO)	0.00	37.56	44.78	61.42	58.12	62.54	78.14	86.72	87.19	79.65
Days Payable Outstanding (DPO)	0.00	68.83	62.68	55.76	80.28	106.16	92.42	96.77	91.80	72.80
Cash Conversion Cycle (CCC)	0.00	18.57	27.08	50.90	23.23	-5.82	25.12	26.33	31.91	37.74
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	30,698	34,088	34,752	43,795	53,541	65,381	74,604	89,308	88,829
Invested Capital Turnover	0.00	1.91	1.02	0.98	0.91	0.98	0.96	1.05	0.86	0.99
Increase / (Decrease) in Invested Capital	0.00	30,698	3,390	664	9,043	9,746	11,839	9,223	14,705	-479
Enterprise Value (EV)	0.00	0.00	0.00	146,916	258,258	510,815	573,947	349,739	504,527	975,349
Market Capitalization	0.00	0.00	0.00	165,801	273,443	526,945	590,587	373,401	531,401	1,020,291
Book Value per Share	$0.00	$0.00	$1.94	$2.09	$2.08	$2.52	$2.99	$3.64	$4.32	$4.99
Tangible Book Value per Share	$0.00	$0.00	$1.93	$2.07	$2.05	$2.48	$2.95	$3.61	$4.29	$4.96
Total Capital	0.00	48,484	55,668	59,025	59,280	78,382	104,734	123,853	144,028	162,437
Total Debt	0.00	6,514	5,249	4,758	5,305	13,005	27,168	28,903	31,230	31,932
Total Long-Term Debt	0.00	4,725	3,097	1,859	1,342	9,852	22,860	28,274	30,926	30,106
Net Debt	0.00	-12,323	-18,058	-18,907	-15,208	-16,165	-16,727	-24,143	-27,669	-46,009
Capital Expenditures (CapEx)	7,447	9,952	10,715	10,536	15,696	18,382	30,564	35,426	31,177	29,397
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-1,139	-3,889	-378	-8,047	-8,641	-7,940	-15,484	-13,949	-17,764
Debt-free Net Working Capital (DFNWC)	0.00	16,278	18,019	22,332	11,460	19,546	34,903	35,329	41,167	56,101
Net Working Capital (NWC)	0.00	14,489	15,868	19,433	7,497	16,392	30,596	34,700	40,863	54,276
Net Nonoperating Expense (NNE)	-802	-211	-312	-415	-521	-559	-421	-644	-1,642	-2,452
Net Nonoperating Obligations (NNO)	0.00	-11,273	-16,332	-19,514	-10,179	-11,835	-12,185	-20,347	-23,490	-41,676
Total Depreciation and Amortization (D&A)	6,786	6,908	8,777	9,557	9,592	11,814	15,227	14,229	17,380	20,213
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-3.89%	-11.79%	-1.12%	-22.49%	-18.12%	-13.87%	-21.02%	-19.76%	-20.18%
Debt-free Net Working Capital to Revenue	0.00%	55.64%	54.64%	66.27%	32.04%	40.98%	60.99%	47.95%	58.31%	63.74%
Net Working Capital to Revenue	0.00%	49.52%	48.12%	57.67%	20.96%	34.37%	53.47%	47.10%	57.88%	61.67%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$2.24	$2.29	$2.28	$3.51	$4.12	$6.23	$5.36	$0.00
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	25.93B	25.93B	25.93B	25.93B	25.93B	25.93B	25.93B	25.93B
Adjusted Diluted Earnings per Share	$0.00	$0.00	$2.24	$2.29	$2.28	$3.51	$4.12	$6.23	$5.36	$1.36
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	25.93B	25.93B	25.93B	25.93B	25.93B	25.93B	25.93B	25.93B
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
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	25.93B	25.93B	25.93B	25.93B	25.93B	25.93B	25.93B	25.93B
Normalized Net Operating Profit after Tax (NOPAT)	8,434	10,029	11,329	11,447	11,315	17,639	20,952	31,679	26,151	32,849
Normalized NOPAT Margin	32.78%	34.28%	34.36%	33.97%	31.63%	36.98%	36.61%	43.00%	37.04%	37.32%
Pre Tax Income Margin	41.55%	40.71%	40.53%	38.54%	36.44%	43.66%	41.77%	50.54%	45.30%	48.71%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	110.86	117.73	119.96	126.47	115.94	277.59	122.41	96.46	77.59	0.00
NOPAT to Interest Expense	86.68	98.29	100.83	114.84	104.11	237.96	107.35	82.85	66.73	0.00
EBIT Less CapEx to Interest Expense	34.32	20.20	24.60	20.78	-28.47	29.61	-34.19	3.81	-1.97	0.00
NOPAT Less CapEx to Interest Expense	10.14	0.76	5.47	9.14	-40.30	-10.02	-49.25	-9.80	-12.82	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	38.53%	46.89%	52.61%	57.13%	73.24%	50.74%	44.83%	28.72%	34.28%	31.36%
Augmented Payout Ratio	38.53%	53.96%	63.65%	73.11%	83.10%	56.97%	45.27%	29.16%	36.41%	31.97%

No quarterly metrics and ratios for Taiwan Semiconductor Manufacturing are available.

Frequently Asked Questions About Taiwan Semiconductor Manufacturing's Financials

When does Taiwan Semiconductor Manufacturing's financial year end?

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

How has Taiwan Semiconductor Manufacturing's net income changed over the last 9 years?

Taiwan Semiconductor Manufacturing's net income appears to be on an upward trend, with a most recent value of $35.30 billion in 2024, rising from $9.24 billion in 2015. The previous period was $27.79 billion in 2023. Find out what analysts predict for Taiwan Semiconductor Manufacturing in the coming months.

What is Taiwan Semiconductor Manufacturing's operating income?

Taiwan Semiconductor Manufacturing's total operating income in 2024 was $39.90 billion, based on the following breakdown:

Total Gross Profit: $49.12 billion
Total Operating Expenses: $9.22 billion

How has Taiwan Semiconductor Manufacturing revenue changed over the last 9 years?

Over the last 9 years, Taiwan Semiconductor Manufacturing's total revenue changed from $25.72 billion in 2015 to $88.01 billion in 2024, a change of 242.1%.

How much debt does Taiwan Semiconductor Manufacturing have?

Taiwan Semiconductor Manufacturing's total liabilities were at $73.57 billion at the end of 2024, a 8.4% increase from 2023, and a 352.8% increase since 2016.

How much cash does Taiwan Semiconductor Manufacturing have?

In the past 8 years, Taiwan Semiconductor Manufacturing's cash and equivalents has ranged from $15.23 billion in 2019 to $64.89 billion in 2024, and is currently $64.89 billion as of their latest financial filing in 2024.

How has Taiwan Semiconductor Manufacturing's book value per share changed over the last 9 years?

Over the last 9 years, Taiwan Semiconductor Manufacturing's book value per share changed from 0.00 in 2015 to 4.99 in 2024, a change of 499.1%.

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This page (NYSE:TSM) was last updated on 5/7/2025 by MarketBeat.com Staff

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Taiwan Semiconductor Manufacturing (TSM) Financials

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Taiwan Semiconductor Manufacturing (TSM) Financials

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