Taiwan Semiconductor Manufacturing

TSM · NYSE · Technology / Semiconductors

422.25USD-7.75 (-1.80%)

Price History

Full chart

Market Stats

Previous Close430

Open415.17

Day Range407.13 – 423.66

52-Week Range264.34 – 487.47

Volume22.39M

Market Cap2.35T

P/E (TTM)32.94

Forward P/E21.41

EPS13.76

Dividend Yield0.83%

Beta1.24

50-Day Avg432.47

200-Day Avg391.77

About

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides various wafer fabrication processes, such as processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others. The company also involved in providing customer and engineering support services; manufacturing of masks; investment in technology start-up companies; research, designing, developing, manufacturing, packaging, testing, and sale of color filters; and investment activities. Its products are used in high performance computing, smartphones, Internet of things, automotive, and digital consumer electronics. Taiwan Semiconductor Manufacturing Company Limited was incorporated in 1987 and is headquartered in Hsinchu City, Taiwan.

Company Details

SectorTechnology
IndustrySemiconductors
CEODr. C. C. Wei Ph.D.
Employees76.91K
HeadquartersHsinchu Science Park, Hsinchu City, Taiwan, 300096, USA
Websitehttps://www.tsmc.com

Leadership

Dr. C. C. Wei Ph.D.Chairman & CEO
Dr. Min CaoVP of Research, Development, Pathfinding & Corporate Research and CTO
Dr. Horng-Dar LinVice President of Corporate Information Technology & Chief Information Officer
Mr. Jeff SuDirector of Investor Relations
Ms. Sylvia FangSenior VP, General Counsel & Corporate Governance Officer
Mr. Pei-Hong ChenVice President of the Human Resources
Dr. Wei-Jen LoSenior Vice President of Corporate Strategy Development
Dr. Cliff HouSenior VP, Chief Information Security Officer & Deputy Co-COO · b. 1962
Dr. Y. L. WangSenior Vice President of Operations
Dr. Kevin ZhangSenior VP of Business Development, Global Sales and Overseas Operations Office & Deputy Co-COO

Financials

Income Statement

Line item	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	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	2024-12-31	2025-12-31
Total Revenue	44.05B	50.34B	76.31B	166.20B	130.21B	162.57B	202.65B	257.62B	267.36B	317.35B	322.66B	333.16B	295.74B	419.54B	427.01B	506.72B	597.00B	762.84B	843.51B	947.91B	977.44B	1.03T	1.07T	1.34T	1.59T	2.26T	2.16T	2.89T	3.85T
Cost of Revenue	22.91B	31.03B	46.24B	89.68B	99.82B	110.19B	127.91B	141.62B	148.81B	161.59B	180.29B	191.41B	166.41B	212.48B	232.94B	262.59B	315.64B	385.11B	433.12B	473.08B	482.62B	533.49B	577.28B	628.12B	767.88B	915.54B	986.63B	1.27T	1.54T
Gross Profit	21.15B	19.31B	30.07B	76.52B	30.38B	52.38B	74.74B	116.01B	118.56B	155.76B	142.38B	141.75B	129.33B	207.05B	194.07B	244.13B	281.36B	377.72B	410.39B	474.83B	494.83B	497.87B	492.70B	711.13B	819.54B	1.35T	1.18T	1.62T	2.30T
Operating Income	14.97B	13.78B	22.27B	61.29B	8.24B	31.65B	51.21B	88.62B	91.24B	127.24B	110.51B	104.44B	91.96B	159.18B	141.56B	181.16B	210.07B	295.87B	320.05B	377.96B	385.56B	383.62B	372.70B	566.78B	649.98B	1.12T	921.47B	1.32T	1.96T
EBITDA	24.76B	29.05B	47.47B	102.74B	56.84B	96.73B	120.20B	158.57B	167.24B	200.92B	191.64B	193.60B	176.67B	258.51B	253.46B	314.03B	374.79B	505.56B	576.17B	613.06B	659.63B	693.14B	680.00B	918.55B	1.09T	1.59T	1.52T	1.98T	2.75T
Net Income	18.01B	15.32B	23.53B	65.11B	14.48B	21.63B	47.16B	92.46B	93.86B	126.98B	109.20B	99.93B	89.22B	161.60B	134.20B	159.48B	183.98B	254.30B	302.85B	331.71B	345.00B	363.05B	353.95B	510.74B	592.36B	992.92B	851.74B	1.16T	1.74T
R&D	2.51B	3.24B	3.09B	5.13B	11.28B	11.76B	12.70B	12.55B	14.06B	16.06B	17.93B	21.48B	21.59B	29.71B	33.83B	40.39B	47.95B	56.83B	65.54B	71.21B	80.73B	85.90B	91.42B	109.49B	124.73B	163.26B	182.37B	204.18B	248.98B
Interest Expense	466.22M	947.18M	847.35M	6.29B	184.13M	5.20B	1.26B	4.56B	2.73B	893.33M	833.10M	615.00M	391.50M	425.40M	626.70M	1.02B	2.65B	3.24B	3.19B	3.31B	3.33B	3.05B	3.25B	2.08B	5.41B	11.75B	12.00B	10.50B	12.37B

Balance Sheet

Line item	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	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	2024-12-31	2025-12-31
Total Assets	124.96B	140.53B	235.47B	370.89B	390.74B	391.20B	406.72B	500.25B	521.06B	593.96B	570.93B	558.92B	594.70B	718.93B	779.54B	961.34B	1.26T	1.49T	1.66T	1.89T	1.99T	2.09T	2.26T	2.76T	3.73T	4.96T	5.53T	6.69T	7.93T
Total Liabilities	44.47B	46.91B	75.35B	108.81B	103.42B	94.75B	77.96B	100.57B	73.49B	146.30B	80.20B	78.54B	95.65B	140.22B	152.28B	247.75B	428.69B	472.49B	462.43B	526.45B	497.29B	428.93B	642.71B	910.09B	1.55T	2.00T	2.05T	2.37T	2.54T
Total Equity	69.61B	83.93B	152.59B	261.75B	277.19B	296.35B	328.66B	399.62B	446.96B	446.99B	487.12B	476.38B	495.08B	574.14B	624.82B	711.05B	833.85B	1.02T	1.19T	1.36T	1.49T	1.66T	1.62T	1.85T	2.17T	2.96T	3.48T	4.32T	5.36T
Cash	12.85B	9.66B	32.68B	38.84B	40.52B	67.90B	102.82B	74.42B	96.77B	141.50B	94.99B	194.61B	171.28B	147.89B	143.47B	143.41B	242.70B	358.45B	562.69B	541.25B	553.39B	577.81B	455.40B	660.17B	1.06T	1.34T	1.47T	2.13T	2.77T
Total Debt	20.32B	31.50B	47.78B	56.23B	44.35B	46.85B	44.14B	32.36B	21.15B	20.76B	15.18B	24.50B	6.74B	36.95B	50.95B	116.95B	227.23B	250.67B	254.98B	249.17B	213.97B	180.55B	158.66B	365.19B	749.07B	888.17B	959.07B	986.46B	1.06T
Net Debt	7.46B	21.84B	15.10B	17.39B	3.82B	-21.04B	-58.68B	-42.06B	-75.62B	-120.74B	-79.81B	-170.12B	-164.54B	-110.94B	-92.52B	-26.46B	-15.47B	-107.77B	-307.71B	-292.08B	-339.42B	-397.26B	-296.74B	-294.98B	-315.92B	-454.64B	-506.36B	-1.14T	-1.70T

Cash Flow

Line item	1997-12-31	1998-12-31	1999-12-31	2000-12-31	2001-12-31	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	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	2024-12-31	2025-12-31
Operating Cash Flow	20.39B	31.98B	45.31B	93.41B	71.67B	98.68B	115.82B	153.41B	157.48B	204.97B	183.78B	222.10B	159.97B	229.48B	247.59B	289.06B	347.38B	421.52B	529.88B	539.83B	585.32B	573.95B	615.14B	822.67B	1.11T	1.61T	1.24T	1.83T	2.27T
Investing Cash Flow	-38.53B	-42.21B	-66.01B	-119.57B	-73.38B	-62.30B	-53.31B	-148.24B	-77.67B	-119.70B	-70.69B	-8.06B	-96.47B	-202.09B	-182.52B	-273.20B	-281.05B	-282.42B	-217.25B	-395.44B	-336.16B	-314.27B	-458.80B	-505.78B	-836.37B	-1.19T	-906.12B	-864.84B	-1.14T
Financing Cash Flow	11.96B	7.76B	39.52B	35.37B	-550.84M	-6.36B	-27.33B	-32.20B	-58.14B	-63.78B	-135.42B	-115.71B	-85.47B	-48.64B	-67.86B	-13.81B	32.11B	-32.33B	-116.73B	-157.80B	-215.70B	-245.12B	-269.64B	-88.62B	136.61B	-200.24B	-204.89B	-346.30B	-440.34B
Capital Expenditure	28.10B	34.59B	29.85B	103.76B	68.00B	55.33B	169.78M	81.24B	80.12B	78.73B	84.00B	59.39B	87.78B	188.75B	213.96B	246.14B	290.35B	292.40B	261.80B	333.09B	335.89B	322.68B	469.75B	521.47B	849.44B	1.09T	955.40B	956.01B	1.28T
Free Cash Flow	-7.71B	-2.62B	9.73B	-10.35B	3.66B	43.35B	115.99B	72.17B	77.37B	126.24B	99.77B	162.71B	72.18B	40.73B	33.62B	42.93B	57.04B	129.12B	268.08B	206.74B	249.43B	251.27B	145.39B	301.19B	262.72B	520.97B	286.57B	870.17B	992.42B
Dividends Paid	-	-	-	-	41.15M	452.17M	441.43M	12.17B	46.56B	61.73B	77.39B	76.99B	76.88B	77.71B	77.73B	77.75B	77.77B	77.79B	116.68B	155.58B	181.51B	207.44B	259.30B	259.30B	265.79B	285.23B	291.72B	363.06B	466.78B

Earnings

Report Date	Mar 11, 1998	Apr 27, 1998	Sep 30, 1998	Jan 27, 1999	Apr 21, 1999	Sep 10, 1999	Oct 25, 1999	Jan 27, 2000	Apr 27, 2000	Jul 31, 2000	Oct 19, 2000	Mar 30, 2001	Mar 31, 2001	Jun 30, 2001	Oct 26, 2001	Jan 28, 2002	May 9, 2002	Jul 25, 2002	Oct 22, 2002	Jan 28, 2003	Apr 29, 2003	Jul 24, 2003	Oct 28, 2003	Jan 29, 2004	Apr 21, 2004	Jul 29, 2004	Oct 26, 2004	Jan 27, 2005	Apr 26, 2005	Jul 26, 2005	Oct 27, 2005	Jan 26, 2006	Apr 27, 2006	Jul 27, 2006	Oct 26, 2006	Jan 25, 2007	Apr 26, 2007	Jul 26, 2007	Oct 25, 2007	Jan 31, 2008	Apr 29, 2008	Jul 31, 2008	Oct 30, 2008	Jan 22, 2009	Apr 30, 2009	Jul 30, 2009	Oct 29, 2009	Jan 28, 2010	Apr 28, 2010	Jul 30, 2010	Oct 28, 2010	Feb 3, 2011	Apr 29, 2011	Jul 28, 2011	Oct 27, 2011	Jan 18, 2012	Apr 26, 2012	Jul 19, 2012	Oct 25, 2012	Jan 17, 2013	Apr 18, 2013	Jul 18, 2013	Oct 17, 2013	Jan 16, 2014	Apr 17, 2014	Jul 16, 2014	Oct 16, 2014	Jan 15, 2015	Apr 16, 2015	Aug 11, 2015	Oct 16, 2015	Jan 14, 2016	Apr 19, 2016	Jul 14, 2016	Oct 13, 2016	Jan 12, 2017	Apr 13, 2017	Aug 14, 2017	Oct 19, 2017	Jan 18, 2018	Apr 19, 2018	Jul 20, 2018	Oct 18, 2018	Jan 22, 2019	Apr 19, 2019	Jul 25, 2019	Nov 8, 2019	Jan 16, 2020	Apr 16, 2020	Jul 16, 2020	Oct 15, 2020	Jan 14, 2021	Apr 15, 2021	Jul 15, 2021	Oct 14, 2021	Jan 28, 2022	Apr 14, 2022	Jul 14, 2022	Oct 13, 2022	Jan 12, 2023	Apr 20, 2023	Jul 20, 2023	Oct 19, 2023	Feb 19, 2024	Apr 18, 2024	Jul 18, 2024	Oct 17, 2024	Jan 16, 2025	Apr 17, 2025	Jul 17, 2025	Oct 15, 2025	Jan 15, 2026	Apr 15, 2026	Jul 16, 2026	Oct 15, 2026
EPS Estimate	0.03	0.04	-	0.02	0.02	0.04	0.05	0.06	0.07	0.08	0.12	0.13	-	-0.01	0.01	0.03	0.04	0.06	0.04	0.02	0.01	0.05	0.08	0.09	0.10	0.12	0.14	0.12	0.10	0.11	0.14	0.19	0.17	0.19	0.19	0.15	0.11	0.14	0.18	0.19	0.16	0.18	0.20	0.07	-	0.13	0.18	0.19	0.19	0.23	0.24	0.26	0.24	0.25	0.20	0.20	0.19	0.27	0.31	0.28	0.25	0.32	0.33	0.27	0.30	0.37	0.48	0.49	0.48	0.47	0.45	0.40	0.38	0.41	0.57	0.59	0.54	0.42	0.57	0.62	0.60	0.47	0.56	0.63	0.38	0.41	0.63	0.73	0.73	0.77	0.77	0.95	0.94	0.93	1.04	1.14	1.33	1.51	1.69	1.76	1.20	1.08	1.17	1.37	1.32	1.42	1.79	2.22	2.05	2.31	2.63	2.98	3.22	3.87	4.45
EPS Actual	0.04	0.04	0.05	0.03	0.04	0.05	0.05	0.06	0.08	0.10	0.13	0.14	0.05	0.00	0.01	0.03	0.04	0.05	0.01	0.01	0.02	0.06	0.09	0.10	0.11	0.14	0.16	0.14	0.10	0.11	0.14	0.20	0.19	0.20	0.19	0.16	0.11	0.15	0.17	0.20	0.17	0.18	0.19	0.07	0.01	0.14	0.18	0.19	0.20	0.24	0.28	0.26	0.24	0.24	0.20	0.20	0.22	0.27	0.32	0.28	0.26	0.33	0.34	0.29	0.31	0.38	0.49	0.50	0.48	0.50	0.46	0.43	0.38	0.43	0.59	0.61	0.54	0.43	0.57	0.64	0.59	0.47	0.56	0.63	0.39	0.41	0.62	0.73	0.75	0.78	0.90	0.97	0.96	0.93	1.08	1.15	1.39	1.55	1.79	1.91	1.31	1.14	1.29	1.45	1.38	1.48	1.94	2.24	2.12	2.47	2.92	3.14	3.49	4.31	-
Surprise	33.33%	0.00%	-	50.00%	100.00%	25.00%	0.00%	0.00%	14.29%	25.00%	8.33%	7.69%	-	119.00%	0.00%	0.00%	0.00%	-16.67%	-75.00%	-50.00%	100.00%	20.00%	12.50%	11.11%	10.00%	16.67%	14.29%	16.67%	0.00%	0.00%	0.00%	5.26%	11.76%	5.26%	0.00%	6.67%	0.00%	7.14%	-5.56%	5.26%	6.25%	0.00%	-5.00%	0.00%	-	7.69%	0.00%	0.00%	5.26%	4.35%	16.67%	0.00%	0.00%	-4.00%	0.00%	0.00%	15.79%	0.00%	3.23%	0.00%	4.00%	3.13%	3.03%	7.41%	3.33%	2.70%	2.08%	2.04%	0.00%	6.38%	2.22%	7.50%	0.00%	4.88%	3.51%	3.39%	0.00%	2.38%	0.00%	3.23%	-1.67%	0.00%	0.00%	0.00%	2.63%	0.00%	-1.59%	0.00%	2.74%	1.30%	16.88%	2.11%	2.13%	0.00%	3.85%	0.88%	4.51%	2.65%	5.92%	8.52%	9.17%	5.56%	10.26%	5.84%	4.55%	4.23%	8.38%	0.90%	3.41%	6.93%	11.03%	5.37%	8.39%	11.37%	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	-	Pre-market	Pre-market	After-hours	Pre-market	After-hours	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap2.35T

Enterprise Value1.93T

Trailing P/E32.94

Forward P/E21.41

PEG Ratio0.86

Price / Sales0.53

Price / Book11.60

EPS13.76

Book Value4.86

Revenue (TTM)4.44T

Gross Profit (TTM)2.85T

EBITDA3.17T

Profit Margin49.92%

Operating Margin60.34%

Return on Equity39.97%

Return on Assets19.00%

Shares Outstanding5.19B

Shares Float37.84B

Beta1.24

Dividend Yield0.83%

Dividend Rate3.77

Payout Ratio24.70%

Analyst Ratings

Strong Buy

Based on 21 analystsTarget 555.01

Strong Buy
14
Buy
6
Hold
1

Ownership Breakdown

Institutions: 15.49%
Insiders: 0.01%
Retail / Other: 84.50%

Top Institutional Holders

FMR Inc
58.94M0.23%
Capital World Investors
34.37M0.13%
Sanders Capital, LLC
26.15M0.10%
JPMorgan Chase & Co
23.83M0.09%
BlackRock Inc
20.11M0.08%
Fisher Asset Management, LLC
18.87M0.07%
Van Eck Associates Corporation
17.21M0.07%
Bank of America Corp
15.28M0.06%
Morgan Stanley - Brokerage Accounts
14.77M0.06%
Capital Research & Mgmt Co - Division 3
11.68M0.04%
T. Rowe Price Associates, Inc.
11.32M0.04%
Jennison Associates LLC
10.69M0.04%
Capital Research Global Investors
10.47M0.04%
UBS Group AG
9.57M0.04%
Massachusetts Financial Services Company
9.51M0.04%
The Goldman Sachs Group Inc
9.40M0.04%
WCM Investment Management
9.26M0.04%
Coatue Management LLC
8.91M0.03%
Jupiter Topco LLC
8.01M0.03%

Top Fund Holders

American Funds American Balanced A
18.24M0.07%

Dividends

20264×

1.09Dec 10, 20261.11Sep 16, 20260.75Jun 11, 20260.76Mar 17, 2026

20254×

0.80Dec 11, 20250.65Sep 16, 20250.69Jun 12, 20250.55Mar 18, 2025

20244×

0.49Dec 12, 20240.49Sep 12, 20240.44Jun 13, 20240.55Mar 18, 2024

20234×

0.47Dec 14, 20230.49Sep 14, 20230.46Jun 15, 20230.43Mar 16, 2023

20224×

0.45Dec 15, 20220.46Sep 15, 20220.46Jun 16, 20220.48Mar 16, 2022

20214×

0.50Dec 16, 20210.49Sep 16, 20210.45Jun 17, 20210.44Mar 17, 2021

Stock Splits

Jul 15, 2009201:200
Jul 16, 2008598:595
Jun 8, 2007201:200
Jun 20, 2006996:967
Jun 13, 200521:20
Jun 14, 2004737:646
Jul 7, 200327:25
Jun 19, 200211:10
Jun 26, 20017:5
May 15, 200032:25
Aug 16, 1999123:100
Aug 26, 199829:20