T 
Taiwan Semiconductor Manufacturing Co 2330.TW · TWD
Information Technology · Semiconductors & Semiconductor Equipment · Taiwan Stock Exchange · 🇹🇼 Taiwan
2,135.00
-4.69%
Close of 6 Nov 2026, in TWD
At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 3.81trn
FY2016FY2025
Net income
TWD 1.72trn
FY2016FY2025
Free cash flow
TWD 1.09trn
FY2016FY2025
Shareholders' equity
TWD 5.42trn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 3.81trn | TWD 2.89trn | TWD 2.16trn | TWD 2.26trn | TWD 1.59trn | TWD 1.34trn | TWD 1.07trn | TWD 1.03trn | TWD 977.44bn | TWD 947.91bn |
| Gross profit | TWD 2.28trn | TWD 1.62trn | TWD 1.18trn | TWD 1.35trn | TWD 819.54bn | TWD 711.13bn | TWD 492.70bn | TWD 497.87bn | TWD 494.83bn | TWD 474.83bn |
| Research and development | TWD 246.43bn | TWD 204.18bn | TWD 182.37bn | TWD 163.26bn | TWD 124.73bn | TWD 109.49bn | TWD 91.42bn | TWD 85.90bn | TWD 80.73bn | TWD 71.21bn |
| Operating income | TWD 1.94trn | TWD 1.32trn | TWD 921.47bn | TWD 1.12trn | TWD 649.98bn | TWD 566.78bn | TWD 372.70bn | TWD 383.62bn | TWD 385.56bn | TWD 377.96bn |
| Net income | TWD 1.72trn | TWD 1.16trn | TWD 838.50bn | TWD 992.92bn | TWD 592.36bn | TWD 510.74bn | TWD 353.95bn | TWD 363.05bn | TWD 345.00bn | TWD 331.71bn |
| Diluted earnings per share | 66.25 | 44.67 | 32.33 | 38.29 | 22.84 | 19.70 | 13.65 | 14.00 | 13.30 | 12.79 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 7.93trn | TWD 6.69trn | TWD 5.53trn | TWD 4.96trn | TWD 3.73trn | TWD 2.76trn | TWD 2.26trn | TWD 2.09trn | TWD 1.99trn | TWD 1.89trn |
| Cash and short-term investments | TWD 3.07trn | TWD 2.49trn | TWD 1.71trn | TWD 1.59trn | TWD 1.20trn | TWD 799.89bn | TWD 594.30bn | TWD 713.76bn | TWD 656.58bn | TWD 636.20bn |
| Total liabilities | TWD 2.47trn | TWD 2.41trn | TWD 2.08trn | TWD 2.05trn | TWD 1.57trn | TWD 924.84bn | TWD 650.34bn | TWD 428.93bn | TWD 497.29bn | TWD 526.45bn |
| Debt | TWD 993.15bn | TWD 1.05trn | TWD 959.07bn | TWD 890.78bn | TWD 755.81bn | TWD 369.62bn | TWD 192.74bn | TWD 180.55bn | TWD 213.97bn | TWD 249.18bn |
| Shareholders' equity | TWD 5.42trn | TWD 4.24trn | TWD 3.43trn | TWD 2.90trn | TWD 2.15trn | TWD 1.83trn | TWD 1.61trn | TWD 1.66trn | TWD 1.49trn | TWD 1.36trn |
| Shares outstanding | 25,931m | 25,933m | 25,932m | 25,929m | 25,930m | 25,930m | 25,930m | 25,930m | 25,930m | 25,930m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 2.36trn | TWD 1.83trn | TWD 1.24trn | TWD 1.61trn | TWD 1.11trn | TWD 822.67bn | TWD 615.14bn | TWD 573.95bn | TWD 585.32bn | TWD 539.83bn |
| Capital spending | −TWD 1.27trn | −TWD 964.98bn | −TWD 955.40bn | −TWD 1.09trn | −TWD 849.44bn | −TWD 516.78bn | −TWD 469.75bn | −TWD 322.68bn | −TWD 335.89bn | −TWD 333.09bn |
| Free cash flow | TWD 1.09trn | TWD 861.20bn | TWD 286.57bn | TWD 520.97bn | TWD 262.72bn | TWD 305.89bn | TWD 145.39bn | TWD 251.27bn | TWD 249.43bn | TWD 206.74bn |
| Dividends paid | −TWD 466.78bn | −TWD 363.06bn | −TWD 291.72bn | −TWD 285.23bn | −TWD 265.79bn | −TWD 259.30bn | −TWD 259.30bn | −TWD 207.44bn | −TWD 181.51bn | −TWD 155.58bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 1.27trn | TWD 1.13trn | TWD 1.05trn | TWD 989.92bn | TWD 933.79bn | TWD 839.25bn | TWD 868.46bn | TWD 759.69bn |
| Gross profit | TWD 860.31bn | TWD 751.29bn | TWD 651.99bn | TWD 588.54bn | TWD 547.37bn | TWD 493.39bn | TWD 512.38bn | TWD 439.35bn |
| Operating income | TWD 766.60bn | TWD 657.29bn | TWD 563.80bn | TWD 500.69bn | TWD 463.42bn | TWD 408.20bn | TWD 425.71bn | TWD 360.77bn |
| Net income | TWD 706.56bn | TWD 572.48bn | TWD 505.74bn | TWD 452.30bn | TWD 398.27bn | TWD 361.56bn | TWD 374.68bn | TWD 325.26bn |
| Diluted earnings per share | 27.25 | 22.08 | 19.50 | 17.44 | 15.36 | 13.94 | 14.45 | 12.54 |
| Cash from operations | TWD 783.37bn | TWD 724.02bn | TWD 747.28bn | TWD 426.83bn | TWD 518.72bn | TWD 625.57bn | TWD 620.21bn | TWD 391.99bn |
| Capital spending | −TWD 496.00bn | −TWD 350.76bn | −TWD 428.80bn | −TWD 287.45bn | −TWD 332.38bn | −TWD 333.12bn | −TWD 365.01bn | −TWD 207.90bn |
| Free cash flow | TWD 287.36bn | TWD 373.25bn | TWD 318.48bn | TWD 139.38bn | TWD 186.34bn | TWD 292.45bn | TWD 255.20bn | TWD 184.09bn |
| Total assets | TWD 9.38trn | TWD 8.66trn | TWD 7.93trn | TWD 7.35trn | TWD 7.01trn | TWD 7.13trn | TWD 6.69trn | TWD 6.17trn |
| Cash and short-term investments | TWD 3.52trn | TWD 3.38trn | TWD 3.07trn | TWD 2.81trn | TWD 2.68trn | TWD 2.76trn | TWD 2.49trn | TWD 2.17trn |
| Debt | TWD 982.45bn | TWD 1.06trn | TWD 1.03trn | TWD 994.45bn | TWD 981.61bn | TWD 1.05trn | TWD 1.02trn | TWD 997.86bn |
| Shareholders' equity | TWD 6.43trn | TWD 5.89trn | TWD 5.42trn | TWD 5.00trn | TWD 4.58trn | TWD 4.56trn | TWD 4.24trn | TWD 3.99trn |
Financial ratios
Data as of 26 Aug 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 59.9% | 56.1% | 54.4% | 59.6% | 51.6% | 53.1% |
| Operating margin | 50.8% | 45.7% | 42.6% | 49.5% | 40.9% | 42.3% |
| Net margin | 45.1% | 40.0% | 38.8% | 43.9% | 37.3% | 38.1% |
| Return on equity | 31.7% | 27.3% | 24.4% | 34.2% | 27.6% | 27.8% |
| Return on assets | 21.7% | 17.3% | 15.2% | 20.0% | 15.9% | 18.5% |
| Free cash flow yield | 5.8% | 4.4% | 3.5% | 4.3% | 3.1% | 2.1% |
| Revenue growth | 31.6% | 33.9% | -4.5% | 42.6% | 18.5% | 25.2% |
| Earnings growth | 48.3% | 38.1% | -15.6% | 67.6% | 16.0% | 44.3% |
| Current ratio | 2.62x | 2.36x | 2.33x | 2.08x | 2.12x | 1.73x |
| Debt to equity | 0.19x | 0.23x | 0.27x | 0.30x | 0.34x | 0.19x |
| Equity ratio | 68.3% | 63.4% | 62.0% | 58.5% | 57.7% | 66.5% |
| Interest coverage | 156.47x | 125.96x | 76.79x | 95.43x | 120.05x | 272.30x |
| R&D as a share of sales | 6.5% | 7.1% | 8.4% | 7.2% | 7.9% | 8.2% |
| Buybacks as a share of market value | 0.0% | -0.0% | -0.0% | 0.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 18.9% | 23.3% | 16.3% |
| Operating income | 20.0% | 27.8% | 19.7% |
| Net income | 20.0% | 27.5% | 19.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 58.3% | 57.8% | 56.6% | 54.6% |
| Operating margin | 48.6% | 47.6% | 46.4% | 44.2% |
| Net margin | 42.9% | 42.3% | 41.3% | 39.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 23.4 | 24.1 | 18.3 | 11.7 | 26.9 | 26.9 | 24.3 | 16.1 | 17.3 | 14.2 |
| Price to sales | 10.6 | 9.6 | 7.1 | 5.1 | 10.1 | 10.3 | 8.0 | 5.7 | 6.1 | 5.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 22 years. Last went ex-dividend on 16 Sept 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 13.00 | 20.50 | 16.00 | 12.25 | 11.00 | 10.75 | 10.00 | 15.00 |
- 1.005-for-1 split · 15 Jul 2009
- 1.005-for-1 split · 16 Jul 2008
- 1.005-for-1 split · 8 Jun 2007
- 1.03-for-1 split · 20 Jun 2006
- 21-for-20 split · 13 Jun 2005
- 1.141-for-1 split · 14 Jun 2004
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.