Taiwan Semiconductor Manufacturing Company Ltd.
Taiwan Semiconductor Manufacturing Company Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $121.4 billion, up 37.6% from fiscal 2024.
- Revenue
- +32.7%
- EPS
- +74.5%
- Free cash flow
- +24.6%
- Total debt
- +2.92%
Quarter to June 2026, against a year earlier
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Taiwan Semiconductor Manufacturing Company Ltd. (TSM) EV/EBITDA
As of 5 November 2026, Taiwan Semiconductor Manufacturing Company Ltd. (TSM) trades at a EV/EBITDA of 17.5×. Over the past ten years it has ranged from 0.2× (July 2017) to 25.5× (June 2026); the current reading is higher than 85% of that period. That is below the Semiconductors industry median of 20.8× and above the Technology sector median of 14.5×.
EV/EBITDA, daily
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Annual newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 18.1× | 11.48% |
| FY2024 | 16.2× | 53.22% |
| FY2023 | 10.6× | 48.40% |
| FY2022 | 7.1× | (54.69%) |
| FY2021 | 15.7× | (8.55%) |
| FY2020 | 17.2× | 31.71% |
| FY2019 | 13.1× | 65.69% |
| FY2018 | 7.9× | (13.25%) |
| FY2017 | 9.1× | 20.41% |
| FY2016 | 7.5× | 19.98% |
Quarterly newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 23.7× | 30.00% |
| Mar 2026 | 18.2× | 1.03% |
| Dec 2025 | 18.1× | 2.73% |
| Sep 2025 | 17.6× | 14.50% |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| SKHY SK Hynix, Inc. - Sponsored ADR compare | n/m |
| MU Micron Technology, Inc. compare | 6.6× |
| INTC Intel Corporation compare | 15.4× |
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | 17.5× |
| NVDA NVIDIA Corporation compare | 21.7× |
| TXN Texas Instruments Incorporated compare | 24.5× |
| AVGO Broadcom Inc. compare | 28.1× |
| AMD Advanced Micro Devices, Inc. compare | 60.3× |
| ARM ARM Holdings PLC Sponsored ADR compare | 155× |
| Semiconductors industry median | 20.8× |
| Technology sector median | 14.5× |
| Market median | 10.9× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on TSM
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement