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Taiwan Semiconductor Manufacturing Company Limited

TSMTechnologyNASDAQ

Semiconductors · Last scanned May 30, 2026

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Financials · Annual
Revenue
$3.81T
+31.6% YoY
Net Income
$1.70T
+46.5% YoY
EBITDA
$2.74T
+31.9% YoY
Free Cash Flow
$719.16B

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About Taiwan Semiconductor Manufacturing Company Limited

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China,. With a market capitalization of $2.17T, it sits in mega-cap territory. 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.

Key stats
Market Cap$2.17T
P/E (TTM)35.86
Fwd P/E21.44
EPS$11.67
Beta1.26
52W Change+114.8%
Dividend Yield0.91%
ROE36.2%
Analysis

The balance sheet looks solid with $3.38T in cash comfortably exceeding the $1.09T debt load. A net cash position generally provides financial flexibility during uncertain economic periods. The company generates $719.16B in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 36.2% points to exceptionally high capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Return on assets of 17.3% further supports the picture of efficient asset utilization. Revenue has grown from $2.26T (2022) to $3.81T (2025), reflecting a 68% increase over the period.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Taiwan Semiconductor Manufacturing Company Limited's trajectory.

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