Taiwan Semiconductor Manufacturing Company Limited TSM AI
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.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Strong return on equity of 36.2%.
- Healthy ROCE of 32.0%.
- Excellent profit margin of 46.5%.
- Compounding revenue at 18.9% over 5 years.
- Profit CAGR of 19.6% over 5 years.
- Generates positive free cash flow.
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 6 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 7 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 8 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
| 9 | INTC Intel Corporation NDXSPXAI | 114.68 | - | $576.38B | - | 1.47% | -2.91% | -5.71% | -34.44% |
Quarterly Results
Figures in USD.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Revenue | - | 839.25B | 933.79B | 989.92B | 1.05T | 1.13T |
| Cost of Revenue | - | 345.86B | 386.42B | 401.38B | 394.10B | 382.81B |
| Gross Profit | - | 493.40B | 547.37B | 588.54B | 651.99B | 751.30B |
| Operating Expenses | - | 86.31B | 83.93B | 87.86B | 87.11B | 92.35B |
| Operating Income | - | 407.09B | 463.44B | 500.69B | 564.88B | 658.95B |
| EBITDA | - | 608.71B | 684.78B | 691.11B | 757.51B | 855.97B |
| Interest Expense | 2.52B | 2.68B | - | 2.96B | 3.04B | 2.72B |
| Pretax Income | - | 430.90B | 493.04B | 525.37B | 592.36B | 687.80B |
| Tax Provision | - | 70.16B | 95.54B | 73.61B | 107.21B | 115.00B |
| Net Income | - | 361.56B | 398.27B | 452.30B | 485.47B | 572.48B |
| Diluted EPS | - | 69.70 | 76.80 | 87.20 | 97.50 | 110.40 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 2.26T | 2.16T | 2.89T | 3.81T |
| Cost of Revenue | - | 915.54B | 986.63B | 1.27T | 1.53T |
| Gross Profit | - | 1.35T | 1.18T | 1.62T | 2.28T |
| Operating Expenses | - | 227.13B | 253.68B | 302.35B | 345.20B |
| Operating Income | - | 1.12T | 921.43B | 1.32T | 1.94T |
| EBITDA | - | 1.59T | 1.52T | 2.08T | 2.74T |
| Interest Expense | - | 11.75B | 12.00B | 10.50B | 12.37B |
| Pretax Income | - | 1.14T | 979.32B | 1.41T | 2.04T |
| Tax Provision | - | 150.78B | 128.29B | 248.32B | 346.53B |
| Net Income | - | 992.92B | 851.74B | 1.16T | 1.70T |
| Diluted EPS | - | 196.00 | 161.70 | 223.35 | 327.35 |
Compounded Sales Growth
| 5 Years: | 18.94% |
| 1 Year: | 35.10% |
Compounded Profit Growth
| 5 Years: | 19.57% |
| 1 Year: | 58.40% |
Stock Price Performance
| 1 Year: | +119.14% |
| 6 Months: | +47.80% |
| 3 Months: | +12.03% |
| 1 Month: | +6.25% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 4.96T | 5.53T | 6.69T | 7.93T |
| Current Assets | - | 2.05T | 2.19T | 3.09T | 3.82T |
| Cash & Equivalents | - | 1.34T | 1.47T | 2.13T | 2.77T |
| Inventory | - | 221.15B | 251.00B | 287.87B | 288.11B |
| Receivables | - | 229.76B | 201.31B | 270.68B | 279.05B |
| Total Liabilities | - | 2.05T | 2.08T | 2.41T | 2.54T |
| Current Liabilities | - | 986.56B | 942.81B | 1.31T | 1.52T |
| Long Term Debt | - | 839.10B | 918.28B | 958.43B | 896.06B |
| Total Debt | - | 888.17B | 956.26B | 1.05T | 1.06T |
| Total Equity | - | 2.90T | 3.43T | 4.24T | 5.36T |
| Shares Outstanding | - | 25.93B | 25.93B | 25.93B | 25.93B |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 1.61T | 1.24T | 1.83T | 2.27T |
| Investing Cash Flow | - | -1.19T | -906.12B | -864.84B | -1.14T |
| Financing Cash Flow | - | -200.24B | -204.89B | -346.30B | -440.34B |
| Capital Expenditure | - | -1.09T | -955.40B | -964.98B | -1.28T |
| Free Cash Flow | - | 520.97B | 286.57B | 861.20B | 992.38B |
| Net Change in Cash | - | 219.43B | 130.95B | 615.03B | 690.24B |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 59.6% | 54.4% | 56.1% | 59.9% |
| Operating Margin % | - | 49.5% | 42.6% | 45.7% | 50.8% |
| Net Margin % | - | 43.9% | 39.4% | 40.0% | 44.6% |
| ROE % | - | 34.2% | 24.8% | 27.3% | 31.7% |
| ROCE % | - | 28.2% | 20.1% | 24.6% | 30.2% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | FMR, LLC | 1.16% | 60.39M | $25.27B |
| 2 | Capital World Investors | 0.63% | 32.89M | $13.76B |
| 3 | Sanders Capital, LLC | 0.54% | 28.06M | $11.74B |
| 4 | JPMORGAN CHASE & CO | 0.46% | 23.98M | $10.04B |
| 5 | Van Eck Associates Corporation | 0.37% | 19.26M | $8.06B |
| 6 | Fisher Asset Management, LLC | 0.36% | 18.62M | $7.79B |
| 7 | Blackrock Inc. | 0.35% | 18.22M | $7.63B |
| 8 | Morgan Stanley | 0.28% | 14.77M | $6.18B |
| 9 | Bank of America Corporation | 0.27% | 14.11M | $5.90B |
| 10 | Jennison Associates LLC | 0.23% | 12.02M | $5.03B |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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