Taiwan Semiconductor Manufacturing Co. Ltd. TSM
What this company does
Written from the business description in Taiwan Semiconductor Manufacturing Company Limited's annual report to the U.S. Securities and Exchange Commission, filed 16 April 2026. Every sentence was checked against that document before publication.
Revenue compounded at +22.0% a year over five years — but profit grew faster: net income at +26.8%, earnings per share at +26.8%.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Each TWD of equity produced 30 cents of profit this year.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TWD B | 2894.3 | 2161.7 | 2263.9 | 1587.4 | 1339.3 | 1070.0 | 1031.5 | 977.4 | 947.9 | 843.5 |
| Operating income TWD B | 1322.1 | 921.5 | 1121.3 | 650.0 | 566.8 | 372.7 | 383.6 | 385.6 | 378.0 | 320.0 |
| EBITDA TWD B | · | · | · | · | · | · | · | · | · | · |
| Income tax TWD B | 248.3 | 128.3 | 150.8 | 70.2 | 73.7 | 35.8 | 34.4 | 51.1 | 54.1 | 47.6 |
| Net income TWD B | 1158.4 | 851.7 | 992.9 | 592.4 | 510.7 | 353.9 | 363.1 | 345.0 | 331.7 | 302.9 |
| Free cash flow TWD B | 870.2 | 292.2 | 527.9 | 273.0 | 315.4 | 154.7 | 258.4 | 254.7 | 211.8 | 272.4 |
| EPS, diluted TWD | 44.67 | 32.85 | 38.29 | 22.84 | 19.70 | 13.65 | 14.00 | 13.30 | 12.79 | 11.68 |
| Dividend / sh TWD | · | · | · | · | · | · | 8.00 | 8.00 | 6.00 | 4.50 |
| Payout % | 31 | 34 | 29 | 45 | 51 | 73 | 57 | 53 | 47 | 39 |
| ROE % | 30.2 | 26.9 | 39.3 | 29.7 | 29.6 | 21.6 | 23.0 | 24.2 | 24.4 | · |
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
This company against its peers
Reconciled in 10 of 19 fiscal years. 47 checks could not be computed.