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) Net margin

Alert me on Net margin

Taiwan Semiconductor Manufacturing Company Ltd.'s net margin over the twelve months to 30 June 2026 was 49.9%, up 5.3 percentage points from fiscal 2025 (44.6%). Over the past ten years it has ranged from 33.1% (fiscal 2019) to 44.6% (fiscal 2025) — the current reading is the highest in ten years. That is above the Semiconductors industry median of 4.26% and above the Technology sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 44.6% 4.55
FY2024 40.0% 0.62
FY2023 39.4% (4.46)
FY2022 43.9% 6.54
FY2021 37.3% (0.82)
FY2020 38.1% 5.06
FY2019 33.1% (2.12)
FY2018 35.2% (0.10)
FY2017 35.3% 0.31
FY2016 35.0% (1.35)

Quarterly newest first

Period Net margin Change (points)
Jun 2026 55.6% 5.14
Mar 2026 50.5% 4.10
Dec 2025 46.4% 0.69
Sep 2025 45.7% 3.04
42 more quarters

Against its own ten years

Low 33.1% High 44.6%
Ten-year median 37.3%
Current reading's percentile 100

Net margin against peers

Company Net margin
MU Micron Technology, Inc. compare 63.8%
NVDA NVIDIA Corporation compare 63.7%
TSM Taiwan Semiconductor Manufacturing Company Ltd. 49.9%
AVGO Broadcom Inc. compare 42.9%
TXN Texas Instruments Incorporated compare 34.1%
ARM ARM Holdings PLC Sponsored ADR compare 20.3%
AMD Advanced Micro Devices, Inc. compare 16.8%
INTC Intel Corporation compare −20.1%
SKHY SK Hynix, Inc. - Sponsored ADR compare —
Semiconductors industry median 4.26%
Technology sector median 0.00%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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