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) Return on invested capital
Taiwan Semiconductor Manufacturing Company Ltd.'s return on invested capital over the twelve months to 30 June 2026 was 39.7%, up 3.4 percentage points from fiscal 2025 (36.3%). Over the past ten years it has ranged from 19.3% (fiscal 2019) to 36.3% (fiscal 2025) — the current reading is the highest in ten years. That is above the Semiconductors industry median of 2.28% and above the Technology sector median of 0.00%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 36.3% | 7.23 |
| FY2024 | 29.1% | 7.71 |
| FY2023 | 21.4% | (10.22) |
| FY2022 | 31.6% | 7.70 |
| FY2021 | 23.9% | (1.39) |
| FY2020 | 25.3% | 6.03 |
| FY2019 | 19.3% | (2.01) |
| FY2018 | 21.3% | (1.65) |
| FY2017 | 22.9% | (1.37) |
| FY2016 | 24.3% | 1.73 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| NVDA NVIDIA Corporation compare | 76.2% |
| MU Micron Technology, Inc. compare | 62.0% |
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | 39.7% |
| TXN Texas Instruments Incorporated compare | 21.5% |
| AVGO Broadcom Inc. compare | 19.8% |
| ARM ARM Holdings PLC Sponsored ADR compare | 11.6% |
| AMD Advanced Micro Devices, Inc. compare | 8.43% |
| INTC Intel Corporation compare | 1.10% |
| SKHY SK Hynix, Inc. - Sponsored ADR compare | 0.00% |
| Semiconductors industry median | 2.28% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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- 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/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
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- Current ratio
- Total debt
- Shares outstanding
- Book value per share
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- Piotroski F-score
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