Taiwan Semiconductor Manufacturing Company Ltd.

TSM Technology Semiconductors

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

374.48 21.38 +6.05%
Market cap
$1.83T
P/E
25.7×
Fwd P/E
—
Dividend yield
1.06%
F-score
8/9
Altman Z
14.22
Beneish M
−1.87
Dividend safety
80/100

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) EV/EBITDA

Alert me on 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

Against its own ten years

Low 0.2× High 25.5×
Ten-year median 10.2×
Current reading's percentile 85

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)

The full definition of EV/EBITDA →

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